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Article I, Section 9, Clause 7, The US Constitution...
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Article I, Section 9, Clause 7, The US Constitution...


Jun 24, 2022, 4:52 PM

"No Money shall be drawn from the Treasury but in Consequence of Appropriations made by Law;

and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time."

https://www.forbes.com/sites/kotlikoff/2017/12/08/has-our-government-spent-21-trillion-of-our-money-without-telling-us/?sh=5273d0d87aef

About our current deficit... Comments?

2024 white level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


If it’s for my SS and Medicare, I’m ok ??***


Jun 24, 2022, 5:28 PM



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And this is exactly why things only get worse***


Jun 24, 2022, 5:50 PM



2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

That's probably what they're taking it from... but who knows***


Jun 24, 2022, 6:09 PM [ in reply to If it’s for my SS and Medicare, I’m ok ??*** ]



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Re: If it’s for my SS and Medicare, I’m ok ??***


Jun 24, 2022, 10:14 PM [ in reply to If it’s for my SS and Medicare, I’m ok ??*** ]

That ponzi scheme money is gone

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Re: Article I, Section 9, Clause 7, The US Constitution...


Jun 24, 2022, 8:16 PM

It's an old piece of paper. Written by white, racist, slave-owning men long ago. It's a living breathing document that changes.



2024 orange level memberbadge-donor-15yr.jpgringofhonor-tiggity-110.jpg flag link military_tech thumb_downthumb_up


And the Forbes article...?***


Jun 25, 2022, 2:12 AM



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Re: Article I, Section 9, Clause 7, The US Constitution...


Jun 25, 2022, 12:48 PM [ in reply to Re: Article I, Section 9, Clause 7, The US Constitution... ]

Follow the Constitution or let's just do away with all Constitutions and Government doctrines totally eliminating Governments around the world. Make it a strongest and smartest survive world with gangs and clans roaming freely taking what they want.

2024 white level member flag link military_tech thumb_downthumb_up

The article title is a bit misleading...


Jun 24, 2022, 8:56 PM

I read the IG report and it is talking about balance sheet journal valuation entries. Sounds to me like their financial tracking system was creating a lot of balance sheet errors and they processed corrections without figuring out the underlying cause and recording details for each adjustment.

That's not at all the same as "spending" that amount of money. That would be easily seen on cash/budget outlays.

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How do you determine "cash/budget outlays" if your financial


Jun 25, 2022, 2:19 AM

tracking system is so out of whack...? Rumsfeld talked about it in 2001. Seems more like SOP to hide missing money.

2024 white level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


Well, for cash, you can just look at balances of accounts...


Jun 25, 2022, 6:28 AM

I'm not claiming to understand how government accounts work, but I'm pretty sure they still use back accounts, or the like, for payments.

With JV entries and corrections it's normally that your transactions have incorrect GL account coding or something like that, which cause your balance sheet accounts to get screwed up.

What I'm saying is that it read to me like the accounting was screwed up but not that that actual amount of money had been spent without anyone knowing.

As a simplified example, of you said there was $1000 of JV entries. That could be 10 off-setting entries of $100...the net impact could be $0 but there would be $1000 worth of entries.

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It does not suprise me that the DoD is a sink hole for


Jun 25, 2022, 7:06 AM

tax dollars with little to no accountability.

The amount of Government cash that was thrown around in Afghanistan and Iraq for the past 20 years will never be fully accounted for. During OIF (the initial invasion) - the Army was throwing money at Iraq problems like there was no tomorrow.

After the fall of the Hussein regime, just about every Army unit was encouraged to engage with local Iraqi administrators in their area to find out their "critical needs" and from that point it became a spending spree. As we transitioned from combat to stability operations General Petraeus (a 2 star at the time) coined the phrase that "Money is ammo" - and let me tell you the money flowed freely into every perceived Iraqi/Afghanistan problem for the next 20 years. I have no doubts that there are some Iraqi "administrators" that are now millionaires from US tax dollars.

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Unload the pallets of C-Notes, load up the bags of opium...***


Jun 25, 2022, 1:15 PM



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