the [alternate] patriot


 

Friday, September 05, 2003

And you thought welfare cheats were a problem?

 
Yes, we're back to this, ladies and gentlemen, the careless bookkeeping possibly fraud in the Defense Department. Two years ago, Donald Rumsfield said as much as $2.3 Trillion was unaccounted for. Then the so called war on terror took over the front page. But aside from the waste of money on top of the money that has been approved to wage war on recalcitrant nations, there is another problem. Read this excerpt from the ratville times:
Rumsfeld himself has said that 'according to some estimates, we cannot track $2.3 trillion in transactions.'
This amount of $2.3 trillion amounts to $8,000 for every man, woman and child in America.

Instead of blaming Pentagon accountants, however, the American people should understand that privately held firms, which have federal contracts for so-called accounting and computer systems (which coincidentally never seem to work) are the real culprits. The liability for government fraud begins and ends with these private contractors. These 'Beltway Bandits' with insider government connections are the most blatant unindicted white-collar criminals to date.

Public money is most likely siphoned out through companies like DynCorp, AMS, and Lockheed Martin, which control the bookkeeping for federal agencies, where fraud is rampant, unchecked and very lucrative for corporate and government insiders.

The fraud is so egregious, in fact, that the sovereignty of the nation itself can be questioned when bogus accounting systems can mask the revenue streams and expenditures of federal agencies to such an extent. -- Uri Dowbenko, Online Journal Contributing Writer
See also the 2002 CBS News story on The War on Waste.

The Demoratic candidates don't want to talk about this, except for Dennis Kucinich.


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