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Pentagon cannot account for $6.5 TRILLION in spending!

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View Ratings | Rate It Headlined to H3 9/5/16

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This cannot be allowed to stand. It is unacceptable. I worked for a Defense contractor from 1966 through 1995. We did R&D and technical support for the US Navy. In all that time I never heard of a single dollar of defense spending that wasn’t rigorously accounted for. We had cost plus fixed fee contracts, and were allowed about 7% fee. The accounting was absolutely perfect down to the penny. 

This is unbelievable! Watch Rumsfeld talking about it on TV on 9/10/2001. He was saying that at that time they couldn’t account for 2.3 trillion. He speaks of it as if it just a minor problem. 

This outrageous situation has been going on for about 20 years, and the IG has never rung the alarm bell? Holy crap!

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I am a retired physicist and hold a B.S. in Ch. E. as well. I have been an environmental activist since the early 1970s. I was a founding member of the Save Barton Creek Association in Austin, TX. In 2006 I was a member of a select committee (more...)

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