Posted on 05/28/2002 3:35:41 PM PDT by Beau Schott
Edited on 05/26/2004 5:06:36 PM PDT by Jim Robinson. [history]
May 28, 2002 -- WASHINGTON complains about deceptive corporate accounting. But the government last year misplaced an incredible $17.3 billion because of shoddy bookkeeping, or worse.
Let me put that into numbers so you can fully appreciate the amount. It's $17,300,000,000 - the price of a few dozen urban renewal projects, a nice size fleet of warships or about half the tax cut that everyone made such a fuss about last summer.
(Excerpt) Read more at nypost.com ...
http://fms.treas.gov/cfs/index.html
Updated March 29, 2002
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2000 Consolidated Financial Statements
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Funny isn't it?No one bothers to think or look into how much "Misplaced Money" there was during the 8 years of #42's wasted occupancy in the White House.I just think that's an interesting fact to point out.
Bump for the guys looking at the private sector through a microscope...
We all know that the government is far worse...
If I may share a personal experience during a Freep when a 'mature' female LIBERAL cozied up to me to ask why I supported Bush. (Note: I'm also a 'mature' female.) I told her I was sick of sending my money to Washington only to get lost in some black abyss. She looked me straight in the eye and said I can't argue with that, and walked away. Of course she was of the age to be a taxpayer vs. some young, college-age rebellious type.
Okay, I'm being sarcastic but could not help myself.
That's only the tip of the iceberg. 3.4 Tril sounds like the figure Rummy said was missing from the Pentagon alone, right before 9/11.
I saw an off-Broadway play in the 80's called something like "The Rothchild's." I had never heard their story before and found their comment about no need for war if you control the money quite frightening. I tried to find this play somewhere else, but never did.
Did you go to a government school? It's called long division. Remember?
I don't care as much about what they lose, it's what they WASTE I care about!
This report, if true, speaks volumes about the credibility of both the House and the Senate of the U.S. Government.
What is more mystifying is the attitude of the American voters toward the incumbent members of both bodies during election time, just reelect the same old liars and thieves, maybe they will change and do better the next term they serve.
Absolutely ridiculously impossible!!
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