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TOPIC:

How does the Pentagon spend its yearly $1.1 trillion?

14
@lph@m@lePerson was signed in when posted
08-25-2003
07:12 AM ET (US)
oh sorry, i got ya 1.1 trillion- i just had to get some things from the shop. I was going to pay u back.
honest.
13
Alex 4.oPerson was signed in when posted
08-25-2003
07:04 AM ET (US)
1. See 'Buffalo Soldiers' and *then* you'll know where the money went. Heroin, coke, E and speed. I mean 'go pills'.

2. I mean UFOs.

3. I mean 'Black Projects'.

4. FOR FREEDOM

5. FOR GREAT JUSTICE!
12
Will RaleighPerson was signed in when posted
08-25-2003
02:20 AM ET (US)
That sounded really bad when I first heard it, but there was a comment over on MetaFilter that put it into perspective for me.
First, you have to realize they're not talking about "lost money", they're talking about capital assets and inventory that do not have a fully defined audit trail, which isn't nearly the same thing. They may "lose" a tank moving it between one brigade to the next, but that doesn't mean the tank itself went missing. It probably only means that the first brigade removed the tank from its books (anything from Quicken to Excel to something custom: there hasn't been a single Pentagon-wide asset management system, ever) and the second brigade failed to add it.
So, it's bad, but not nearly so bad as it sounds.
11
leed_25Person was signed in when posted
08-25-2003
02:00 AM ET (US)
A reply to Marky on the subject of the US Army losing heavy equipment.

This calls to mind a case from the US Army rumor machine: a tank battalion in my division had some number of tanks more than they were allowed in their TO&E. So, just before a GAO audit, they buried the extra equipment.
10
SuppaflyPerson was signed in when posted
08-25-2003
12:11 AM ET (US)
those freaky killing machines that they use don't just pay for themselves..
9
MarkyPerson was signed in when posted
08-24-2003
11:32 PM ET (US)
OK, I can see how some money is lost. When HUD forecloses on a house it holds a loan on, it loses money. The same way when I "lose" money on an investment, it's not like I forgot where the money is, it's gone.

But this has me scratching my head: " A General Accounting Office report found that the U.S. Army lost track of 56 airplanes, 32 tanks..." How the heck do you lose large, heavy equipment that has NO civilian use? I doubt the local construction company paid off a sargent to steal a M1 tank, and is using it as a bulldozer. Someone would have to notice...
8
lessgravityPerson was signed in when posted
08-24-2003
08:44 PM ET (US)
Thanks Poole for the
link.Wow and to think you could hire over 13 million more teachers with that money. I amazed you don't hear more about this. That is an amazing amount even with large accounting mistakes,theft and a lying government.
centrifugalforce
Edited 08-24-2003 08:46 PM
7
quonsarPerson was signed in when posted
08-24-2003
08:28 PM ET (US)
damn IRS keeps bugging me about some minor "undocumentable adjustments".
6
Nic WolffPerson was signed in when posted
08-24-2003
08:10 PM ET (US)
$400 MBillion! Hope you sporadically connect again soon...
5
PoolePerson was signed in when posted
08-24-2003
07:00 PM ET (US)
InsightMag has a good story on this titled: High-Risk Finance at the Federal Level
4
jwzPerson was signed in when posted
08-24-2003
06:50 PM ET (US)
How else are they going to fund the Stargate project?
3
PoolePerson was signed in when posted
08-24-2003
06:44 PM ET (US)
The counter can be seen at www.whereisthemoney.org
2
Cory DoctorowPerson was signed in when posted
08-24-2003
06:43 PM ET (US)
Whups. Too busy and too sporadically connected. Thanks for the catch.
1
Patrick Nielsen HaydenPerson was signed in when posted
08-24-2003
06:38 PM ET (US)
"Every year, the Pentagon is allocated $1.1 trillion"...

Perils of blogging too fast, Cory. $1.1 trillion is the amount of money allegedly unaccounted for. Defense's annual budget at the moment is around $400 billion.

That's a lotta clams no matter what, but good political activism requires well-checked facts.

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