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HUD Can Not Account for $520 Billion
thenationalrealestatepost.com ^ | 3/22/2017 | Frank and Brian

Posted on 03/28/2017 4:24:37 PM PDT by TheTimeOfMan

HUD Can Not Account for $520 Billion. Podcast.


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: fraud; hud; waste
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This is half a TRILLION dollars. Lost.
1 posted on 03/28/2017 4:24:37 PM PDT by TheTimeOfMan
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To: TheTimeOfMan
<>
and nobody gets fired
or sent to jail

2 posted on 03/28/2017 4:26:30 PM PDT by ptsal
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To: TheTimeOfMan

Given the size of HUD’s budget, that’s a highly improbable claim. There’s not enough money flowing through the department to make a half-trillion go missing.

You sure you checked this out before posting it here?


3 posted on 03/28/2017 4:29:24 PM PDT by thoughtomator
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To: TheTimeOfMan

Have the NSA check to see if Obama has any offshore accounts.


4 posted on 03/28/2017 4:30:00 PM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: TheTimeOfMan

Trump wants to cut $6.2 billion from their budget and the Rats are squealing like stuck pigs. If they can’t account for half a trillion dollars, they won’t miss a lousy $6.2 billion.


5 posted on 03/28/2017 4:31:01 PM PDT by Blood of Tyrants (Conservatives love America for what it is. Liberals hate America for the same reason.)
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To: thoughtomator

I have heard of absurd amounts of money misappropriated at HUD for a while, since before Trump was elected. This could be a total after many years.


6 posted on 03/28/2017 4:31:20 PM PDT by Vince Ferrer
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To: TheTimeOfMan

Who is the NREP?


7 posted on 03/28/2017 4:32:07 PM PDT by jazusamo (Have YOU Donated to Free Republic? https://secure.freerepublic.com/donate/)
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To: TheTimeOfMan
What...again?

Cuomo, when he was at HUD, during the Clinton presidency, had as large or larger amount that went "missing"!

8 posted on 03/28/2017 4:33:15 PM PDT by nopardons
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To: TheTimeOfMan

Some of that is the unauthorized by Congress Obamacare subsidy money??


9 posted on 03/28/2017 4:33:33 PM PDT by Drago
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To: ptsal

Chicken feed. The Pentagon knows how to lose track of trillions and the only “black budget” most of what the Pentagon can’t track is the black budget Congress critters split among themselves.


10 posted on 03/28/2017 4:33:54 PM PDT by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory !!)
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To: TheTimeOfMan

chickenfeed.
probably O used it for his green fees? (or gave it away to his moslem terrorist bf’s like abbas)


11 posted on 03/28/2017 4:34:10 PM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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To: TheTimeOfMan

From Article I Section 9: “. . . and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.”

Face it folks, Congress not only does very little of its duty, but instead does much of what not only isn’t its duty, but the opposite thereof.

The purpose of Congress is the reelection of its members. It is hopelessly corrupt until an outside force reforms it.


12 posted on 03/28/2017 4:34:49 PM PDT by Jacquerie (ArticleVBlog.com)
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To: Vince Ferrer

HUD’s funding is under $50 billion per year and they pay people, maintain facilities and operations, etc., so it can’t 100% be being siphoned off. $520 billion is more than a dozen full years of budget for HUD.

We’d have to go back to the founding of the department to have a prayer of finding $520 billion that COULD be siphoned off, never mind what may actually have been so.


13 posted on 03/28/2017 4:35:06 PM PDT by thoughtomator
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To: TheTimeOfMan
A few hundred billion bucks here, a few hundred billion bucks there and pretty soon it adds up to serious money.

HUD cannot account for just under 5 % of the aggregate 10 billion dollar national debt increase accrued by the 8 years of Obama

The Obama Administration - Never before in the field of human endeavor have so few, stolen so much, from so many, in so short a period of time

14 posted on 03/28/2017 4:36:27 PM PDT by rdcbn (.... when Poets buy guns, tourist season is over ...)
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To: TheTimeOfMan

This is because of omnibus budgeting. Every agency just gets a big chunk of money. Congress no longer tells them how it must be allocated. That is where Obama kept getting all his spending authority which does not exist.


15 posted on 03/28/2017 4:36:48 PM PDT by blackdog
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To: TheTimeOfMan

Don’t they have a computer trail on these billions and trillions of our tax money? Someone ought to go to jail for such irresponsibility. We know where every penny of our money goes, because we have to be careful of every cent. Too bad the wasteful, corrupt government doesn’t treat our tax money like that.


16 posted on 03/28/2017 4:37:19 PM PDT by txrefugee
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To: TheTimeOfMan

“I’m sure I left it here somewhere.
Oh, that’s right. It’s at home in my deep freezer!
Good thing Lie Detectors cannot read minds just yet.”


17 posted on 03/28/2017 4:38:42 PM PDT by lee martell
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To: TheTimeOfMan

I always misplace large sums of money like this.

In fact, it’s the exact amount I’m missing, too.


18 posted on 03/28/2017 4:39:34 PM PDT by SaveFerris (Hebrews 13:2 Do not forget to entertain strangers, for ... some have unwittingly entertained angels)
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To: thoughtomator

Thieves!


19 posted on 03/28/2017 4:40:31 PM PDT by KSCITYBOY (The media is corrupt)
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To: TheTimeOfMan

I wonder how much of the missing funds from various agencies is being used to pay rogue leftist activists.


20 posted on 03/28/2017 4:41:20 PM PDT by meyer (The Constitution says what it says, and it doesn't say what it doesn't say.)
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