questionmark Posted June 13, 2014 #1 Share Posted June 13, 2014 (Reuters) - Four senators have called on the Defense Department to end a practice that involves deliberately inserting false numbers into the Pentagon's accounting ledgers and financial reports. The senators sent a letter to Defense Department Comptroller Robert Hale urging the Pentagon to stop an accounting practice widely known as "plugging." The letter, dated June 12, 2014, said that plugs are fictitious dollar amounts inserted into financial ledgers to make it appear that the Pentagon’s books balance. The letter (1.usa.gov/1kwEY2X) was sent by Charles Grassley, Tom Coburn, Thomas Carper and Ron Johnson. The four senators have been pressing for a solution to severe accounting problems at the Pentagon, whose spending accounts for the largest chunk by far of the annual federal budget approved by Congress. Grassley is the senior Republican on the Senate Judiciary Committee; the others hold top positions on the Homeland Security and Governmental Affairs Committee. Read more 1 Link to comment Share on other sites More sharing options...
lightly Posted June 14, 2014 #2 Share Posted June 14, 2014 um... where do the dollars go that are being replaced by "fictitious" ones? The pentagon/DOD is a black hole of a money pit. 1 Link to comment Share on other sites More sharing options...
preacherman76 Posted June 14, 2014 #3 Share Posted June 14, 2014 um... where do the dollars go that are being replaced by "fictitious" ones? The pentagon/DOD is a black hole of a money pit. Yep, same as every single other government entity 1 Link to comment Share on other sites More sharing options...
questionmark Posted June 14, 2014 Author #4 Share Posted June 14, 2014 um... where do the dollars go that are being replaced by "fictitious" ones? The pentagon/DOD is a black hole of a money pit. Into projects that are not supervised nor authorized by the legislative. Looks like the Pentagon is converting itself into a uncontrolled entity... something like a state within the state. 1 Link to comment Share on other sites More sharing options...
Babe Ruth Posted June 14, 2014 #5 Share Posted June 14, 2014 Oh heck, what is the Pentagon going to do if it cannot employ Smoke & Mirrors in its accounting procedures? Link to comment Share on other sites More sharing options...
Leonardo Posted June 16, 2014 #6 Share Posted June 16, 2014 They can't do that, it would mean having to reveal the Stargate program, and the world isn't ready to know about the Goa'uld! 1 Link to comment Share on other sites More sharing options...
lightly Posted June 17, 2014 #7 Share Posted June 17, 2014 Into projects that are not supervised nor authorized by the legislative. Looks like the Pentagon is converting itself into a uncontrolled entity... something like a state within the state. That's Scary. .. and then we have the CIA , independent and uncontrolled by design. Both of them 'networking' with BIG Money and Business. Put them all together and we get our " Foreign Policy " ? Link to comment Share on other sites More sharing options...
Mr Supertypo Posted June 17, 2014 #8 Share Posted June 17, 2014 They can't do that, it would mean having to reveal the Stargate program, and the world isn't ready to know about the Goa'uld! Better the Goa'uld than the Wraith. dont forget the ' Las Vegas' incident....scary, so close. Link to comment Share on other sites More sharing options...
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