Posted on 08/02/2019 3:44:39 PM PDT by RummyChick
Incredible article.
So many have completely given in and given up to a corrupt political system.
The last line is the saddest - Smoove admitting that Trump was right, but that he couldn’t accept it coming from him.
Dear Lord, help them see that Trump IS trying to forge a way out for them, and for so many others.
Tatt
Ex-Congressman William Jefferson sentenced to 13 years in freezer cash bribe case in Louisiana
November 13, 2009
ALEXANDRIA, Va. (AP) — A former Louisiana congressman who famously hid $90,000 cash in his freezer was sentenced Friday to 13 years in prison for taking bribes, the longest term ever imposed on a congressman for bribery charges.
William Jefferson, a Democrat who represented parts of New Orleans for nearly 20 years, was convicted in August of taking roughly $500,000 in bribes and seeking millions more in exchange for using his influence to broker business deals in Africa."
The last one to even come close to doing so was probably Davy Crockett.
It’s not the auditors in the field, it’s the leadership, or lack thereof, at these agencies.
OK , who’s name did I put those Swiss Bank Accounts
Baltimore can’t account for millions? Gee, that’s a surprise. Probably the same for Detroit, Chicago, L.A., and a few other Democrat liberal dens of crime.
Let’s all recite the Democrat Party motto!
“It’s Never So Bad That We Can’t Steal Some More.”
BOL.......guess it wasnt his wife’s name.....LOL.
That was then....this is now. Our govt. has been taken over by CORRUPT, EVIL, VILE, LUING DEMOCRATS!
oopsie...LYING!
Sounds like a good plan.
FYI---Dr. Ben Carson Finds Half TRILLION Dollars in Errors While Auditing Obama’s Housing Agency
hannity.com ^ | 4/6/2017 | unknown
Posted on 4/6/2017 12:04:32 PM by rktman
Dr. Ben Carson has discovered over $500 billion (that's with a 'B') in errors and accounting mistakes during his audit of the Obama administration’s Housing and Urban Development budget.
One of Dr. Carson’s first orders after being confirmed as the Secretary of HUD was a thorough audit of the agency, which has been accused of fraud and over-budgeted projects throughout the entire Obama administration.
What did the auditors find? Over $520 billion in budgetary mistakes and clerical errors. (Excerpt) Read more at hannity.com ...
HAT TIP HOLLYB The audit is lengthy. Here’s a couple of things I came across:
****Errors in financial statement note disclosures. We found that 19 of 31 financial statement notes (61 percent) contained errors with an approximate absolute value totaling
$278.5 billion. Of the $278.5 billion in errors, $159.4 billion in errors was due primarily to (1) incorrect data entry, (2) omission of restated balances, or (3) incorrect data provided by HUD’s component entities (FHA and Ginnie Mae).
The remaining $119.1 billion in errors was due to inappropriate rounding adjustments. We found several instances in which rounding was performed to the nearest billion and hundred billion,
1. HUD Assets and Liabilities Were Misstated and Not Adequately Supported
<><>HUD did not properly account for, have internal controls over, or have adequate support for all of its assets and liabilities. Specifically, (1) CPD did not validate its accrued grant liabilities estimates; (2) HUD’s accounting for its cash management process did not include the recognition of receivables and payables when incurred and understated its prepayment balance; (3) HUD did not recognize a prepayment for funds advanced to its IHBG grantees that were used for investment; (4) EHLP could not be audited; (5) balances related to HUD’s loan guarantee programs were not reliable; and (6) HUD did not properly account for its property, plant, and equipment.
<><> These problems occurred because of continued weaknesses in HUD’s internal controls and a lack of communication between OCFO and the program offices. As a result, several financial statement line items were misstated or could not be audited as of September 30, 2016. Specifically, (1) CPD’s accrued grant liabilities estimates could not be audited; (2) HUD’s PIH prepayments and accounts receivable balances contained errors with an absolute value of approximately $476.2 million and $201.2 million, respectively, and accounts payable were understated by an unknown amount; (3) HUD’s expenses on its statement of net costs were overstated by $293.2 million; (4) loans receivable balances for EHLP could not be audited and were potentially misstated; (5) balances related to HUD’s loan guarantee programs were misstated by unknown amounts; and (6) HUD’s $297 million balance for property, plant, and equipment was not supported.
2....some contractors had inappropriate access to sensitive budget and general ledger financial transactions. Further, inaccurate security documentation could lead to inappropriate decisions.
3. HUD Continued To Not Comply With the HOME Investment Partnership Act
4. HUD Did Not Comply With Treasury Financial Manual’s Rules on Cash Management or 2 CFR Part 200
5. HUD Did Not Comply With the Improper Payments Elimination and Recovery Act of 2010
6. Ginnie Mae Did Not Comply With the Debt Collection Improvement Act of 1996
7. HUD Assets and Liabilities Were Misstated and Not Adequately Supported
Much more at link: https://www.hudoig.gov/sites/default/files/documents/2017-FO-0005.pdf
If that happens in the corporate world people go to jail.
I understand that math is not everyone's strong suit, but …
the missing money is $16 BILLION
Nothing, if it could be contained in Baltimore, but it spreads quickly as people travel to other cities, and places in between.
Diseases and plagues don't respect city limits any more than thugs respect "Gun Free Zone" signs or concealed carry compliance documents.
Examples: standing water pooled in tires on top of open ships taking tires to the US carried mosquitoes bred, hatched and spread Asian viruses several times.
When cargo doors opened on airport arrival of planes from Asia the trapped bugs and especially mosquitoes came out of the back and hid in the tall weeds of airport perimeters and spread virus to US. Detroit Metro story.
Freddie Gray died in a hospital a few days after the ride in the police van.
Then the question becomes who if anybody is held accountable.
In all my years I only found two cases of naked criminality. One was bid rigging and the other was ghost payrolling. Colleagues found others including people who turned themselves in as soon as they were informed they were going to be audited. Don’t cross the feds...especially IRS.
Only millions are missing?
For the billions given, that’s small time.
Why would you ever fan your cash?
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