Posted on 04/30/2025 8:25:42 AM PDT by MtnClimber
No wonder no one can bring spending under control.
They had cases where people literally went into their offices , closed the door and did nothing at all for years on end.
The only reason they were discovered was because the Cold War ended.
Statement of Federal Financial Accounting Standards 56 (SFFAS 56):
<><>effectively remove the legislature’s constitutional power of the purse from critical oversight.
<><>conjures a legal purgatory where funds can be appropriated for one purpose,
<><>redirected for another,
<><>and hidden altogether from elected representatives.
<><>theoretical protections against abuse, internal controls, audits, classified oversight, are weak
<><>b/c the very financial data needed to detect mischief has been sanitized.
nothing less than legalized theft of taxpayer dollars.
......nothing less than legalized theft of taxpayer dollars........
Sums it up perfectly.
What if there was a rule that for every dollar an agency spent that was lost, misdirected, spent secretly without knowledge or agreement with the taxpayer ---
--- For every dollar stolen, a dollar was taken from the agency's budget?
What? $100M unaccounted for? That means you get $100M less money next year...
I know it ain't that easy, but you get the idea.
“...effectively remove the legislature’s constitutional power of the purse from critical oversight....”
Impossible.
No law, bureaucratic rule, executive policy or order can do that..............
“...effectively removes the legislature’s constitutional power of the purse from critical oversight....” Impossible. No law, bureaucratic rule, executive policy or order can do that..............
Gasp......I honestly never knew you were a “true believer.”
🤗........................
I assumed there was one or more back channel finance shenanigans in place besides USAID. Seems obvious since democrats were screaming and attacking DOGE and the dismantling of USAID. They protested too much as their latest distraction technique.
What I want to know that is missing from the article is, who are these “proponents of SFFAS?”
And as usual Congress does nothing
No wonder DOGE can’t get to finding $1 TRILLION+ in waste, fraud and abuse...
It says the bottom line is (ostensibly) accurate, but they obfuscate where the money was spend and for what purpose. I wonder how many agencies do this and the aggregate amount that has been hidden / obfuscated.
How much of this money went to nefarious uses like paying Soros and his foundations, paying NGOs, bringing in illegals and flying them all over the interior of the country, and generally undermining the USA?
It’s not secret any longer apparently.
The fools really think they can hide stuff from Elon’s tech geniuses?
How about setting up select committees in Congress that are told the whole unvarnished truth? Then they can figure out if national security would truly be threatened or compromised by releasing the financial information. Congress is not the most trustworthy organization, but at least there would be SOME outside eyeballs on the expenditures.
I wonder how much money is surreptitiously spent this way. Billions? Hundreds of billions? More?
It starts with the intentional increase in size and increase in complexity of federal agencies, into which has been added both Congressional and Executive decisions as to what constitutes an expenditure a “national security” related, and with very opague detail of that from Congress and intentional obscurity given it by the Executive branch.
In pretending that so much Is “national security” related, they are pretending it is all protecting the people by keeping the information out of foreign exposure, when in fact it is also to keep the American people in the dark for the purpose of protecting federal agencies against the public protest of their activtities.
Greg Hunter at USAWatchdog.com has ben covering SFFAS 56 from the beginning.
And yet they did, without consequence because they money is spread around to the right people.
Government attracts thieves for the same reason Willie Sutton chose banks to rob instead of grocery stores.
Drug cartels could not exist without the cooperation of police, Judges, Banks and Politicians. Neither can the organized theft of taxpayer money.
There are few outsider eyeballs in the Club, but some positions do pay a little better than others, just the cost of putting blinders on those eyeballs.
Are we really so deluded that we think the people in office are too stupid to know how to get rich at our expense?
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