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Keyword: misplacedmonies

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  • Billions Lost by Feds

    05/29/2002 6:08:02 PM PDT · by olliemb · 4 replies · 220+ views
    Worldnet daily ^ | 5/29/02 | John Crudele
    BILLIONS LOST BY FEDS By JOHN CRUDELE -------------------------------------------------------------------------------- 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. Disappeared. Gone. Nowhere to be found. In fact, the government's accounting was so atrocious that the General Accounting Office -...