SOURCE: VIDEO REBEL’S BLOG
17 years after Rumsfeld pledged to improve DOD budgetary controls, Dr. Mark Skidmore, who normally worked with state government accounts where occasionally he found that someone spent as much as $300 without getting a receipt, decided to investigate claims that billions and even trillions had gone missing from federal departments.
Using federal government sources he found that from 1998 to 2015 $21 trillion in spending from HUD (Housing and Urban Development) and DOD (Department of Defense) had gone missing. He discovered that the Treasury Department once sent the US Army a check for $800 billion to cover all the losses to their then $122 billion a year annual budget. Guess what? The Pentagon generals and admirals sort of lost the $800 billion, or so they say.
The Swamp Creatures of DC have got away with stunts like that for a very long time.
When the Exchange Stabilization Fund was established back in the 1930s President Roosevelt’s administration made sure that it was unlawful to audit that Fund. Guess what? FDR used it to finance WW II even before war was declared. And after the war, that fund was used to set up a global narcotics infrastructure for the CIA’s Empire of drugs, illegal weapons, corruption, money laundering, and Black Ops.
The CIA stashed their profits from the drug and weapons trade in the Exchange Stabilization Fund. In the modern era, they used trillions in CIA profits to buy US Treasury bonds and keep the dollar from dying prematurely. The Dollar cannot be allowed to die until every last penny has been drained from our pensions and savings so that billionaires might have more. I wrote about the CIA-Banker slush fund here:
Update: America’s Secret Multi-Trillion Dollar Black Ops Slush Fund
Currently, Big Banks launder a trillion dollars a year in illegal drugs and weapons sales. And they also launder $500 billion a year in political bribes offshore. And there are people who to this day deny the fact that their government is owned by Bankers!
In the modern era the Federal Accounting Standards Advisory Board (FASAB) was set up to hide the enormity of government thefts from the taxpayers. Swamp Creatures from both political parties and the news media refuse to investigate the trillions of dollars that have been stolen from taxpayers. Also to them, the theft of trillions from pensions is also a non-issue. I assume they want us to all starve to death when it comes time for us to collect our pensions.
The Bankers are stealing so much money the Pentagon budget that America is becoming defenseless. Russia is testing a Mach 20 missile. And Iran is mass producing two different Mach 14 missiles. So we will soon be forced to withdraw our military from overseas and accept dictates from Russia and China.
So how long can this last? Not much longer.
A Depression is a period in time when Unpayable Debts are canceled en masse. Because Bankers have the right to charge us interest on money they created out of nothing, they decided for us that we must have an interest bearing currency as opposed to President Lincoln’s non-interest bearing Greenbacks. In the 19th century, they had a Depression which they called the Great Contraction. Modern economists all bow to the Banks and the Governments they own. They renamed this the Long Depression. No point in letting people figure out that there are simple working solutions to avoid Depression, such as, not allowing the money supply to contract.
3 million Americans died from starvation in the 1930s. I expect that without monetary reform a few billion people will die from starvation and suicide and as a result of Food Riots, rebellions, Civil Wars and resource wars.
There is an alternative. Junior officers from the US military could stage a coup, seizing the money Bankers stole from us and use those assets to fund Debt Cancellation.