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To: Openurmind

The IMF does not disburse US Military Budget items. The IMF would distribute payments to…wait for it..the IMF.

One of the problems I am seeing with this “outrage” about foreign payments in general is that its such a small part of our spending problems. But “conservatives” around here would not tolerate significant changes to the largest expenses in our budgets. Instead, they get “anxious” about very small payments.

It is a lot of “high valence” “red meat” word BS that is excercised by both sides of the aisle. It takes away the attention on the things that matter much more.

I did process review for large service companies. I would go into an operation and see this all of the time. Root causes were not being examined. Internal Politics drove operational issues. Local management would focus on things that cost a penny and ignore the dollars flying out the doors.

How the IMF distributes aid to poor countries is not a big financial deal. How we collect and spend Social Security dollars IS a big deal. How we spend defense dollars without accountability is a BIG deal. Medicare is a BIG deal.

Based on my experience, finding 10% cost savings in any of those areas is not only likely, with a bit of effort…it could be half again as much.


57 posted on 04/21/2024 8:10:31 AM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Vermont Lt

“The IMF does not disburse US Military Budget items.”

Yes it does... Better go take a look. We approve a spending bill, the IMF gives us credit for that amount, then the IMF is the direct disbursing agent out to the awardees including our own military. Someone else could siphon off half of it and we would never know because it never went through any of our systems to account for where it actually went.

Disbursing agent: IMF.

Awardees: “Privileged”.

https://www.usaspending.gov/


69 posted on 04/21/2024 8:38:14 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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