23 online
 
Most Popular Choices
Share on Facebook 13 Printer Friendly Page More Sharing
Best Web OpEds    H3'ed 9/5/16

Pentagon cannot account for $6.5 TRILLION in spending!

Quicklink Submitted By   17 comments
Follow Me on Twitter     Message Jerry Lobdill
Become a Fan
  (24 fans)

Graft For Everyone!
Graft For Everyone!
(Image by ccPixs.com)
  Details   DMCA

This cannot be allowed to stand. It is unacceptable. I worked for a Defense contractor from 1966 through 1995. We did R&D and technical support for the US Navy. In all that time I never heard of a single dollar of defense spending that wasn’t rigorously accounted for. We had cost plus fixed fee contracts, and were allowed about 7% fee. The accounting was absolutely perfect down to the penny. 

This is unbelievable! Watch Rumsfeld talking about it on TV on 9/10/2001. He was saying that at that time they couldn’t account for 2.3 trillion. He speaks of it as if it just a minor problem. 

This outrageous situation has been going on for about 20 years, and the IG has never rung the alarm bell? Holy crap!

Read the rest of the story HERE:

At www.globalresearch.ca
Must Read 3   Supported 1   Valuable 1  
Rate It | View Ratings

Jerry Lobdill Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in


I am a retired physicist and hold a B.S. in Ch. E. as well. I have been an environmental activist since the early 1970s. I was a founding member of the Save Barton Creek Association in Austin, TX. In 2006 I was a member of a select (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend