Posted on 04/06/2017 7:48:56 AM PDT by davikkm
Remember all of Obama's Stimulus Plans? Follow the money.
the term “514 billion in errors” is misleading.
This is not $514 billion spent that they didn’t track.
It is a the total absolute value of the “notes” for which there were errors.
For example, one of the errors was rounding up to a billion instead of a million. So, if you had a note that had a value of 10.5 billion, they listed it as 11 billion, it should have been 10.5 billion — but the “absolute value of the note in error” is “10.5 billion”. THe ERROR was “500 million”. But the absolute value is not the total value of all the errors, it is the total value of the items for which some errors were found.
Note that even a total value of errors could be misleading, because some errors could be positive, and others negative.
THe key to the report wasn’t that there’s a bunch of money missing. It was that HUD was incompetent when it came to tracking and reporting money. And real company that did this would be fined out of business.
$516B from HUD & more lost money from State (under Hillary), where else have the Dems been squirreling away cash?
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Hopefully Sessions & Co. are quietly doing this serious work. I’m sure Trump knows he has to mortally wound the Dem Mafia.
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QUIETLY?? WTF for? Let loose them dogs! It’s THEIR JOB
Roll up w/ the posse before they can nuke the HDD and shred the evidence...You grab a few, turn the screws and work up the chain. And, you announce, LOUDLY, the findings along the way to show they *are* doing their job.
It’s what they’d do to you\I. I for one, am more than sick-n-tired of the 2-Americas when it comes to ‘Law of the Land’.
They were funneling funds into the sinking Obamacare revenue stream to keep it going
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