By Mark Skidmore
It has now been about nine months since Catherine Austin Fitts and I released a report demonstrating how official government records indicate that the Department of Housing and Urban Development (HUD) and the Department of Defense (DoD) had $21 trillion in undocumentable adjustments over the 1998-2015 period. Over the past several months, I have repeatedly tried to contact the Office of the Inspector General (OIG) in an effort to obtain additional information regarding the nature of the unsupported adjustments. However, no information has been provided and the OIG is no longer responding to inquiries.
In late May 2018, a graduate student at Michigan State University found on the OIG website the most recent report for the DoD, which summarizes unsupported adjustments for fiscal year 2017. However, this document differs from all previous reports in that all the numbers relating to the unsupported adjustments were redacted. That is, all the relevant information was blacked out. The report can be accessed here.
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The rape of Russia is often spoken of in these pages, but have we considered what the financial take was from it? One suspects that it was driven by a similar impetus as the fleecing of America, if we might consider $50T a gross-enough imposition to rise to the level of rape. In Russia’s case, wasn’t the crime done to free up the vast mineral resources for digestion of the banker elite, who are behind communism? Communism is the bad guy that is warmly embraced by ideological dupes to suppress others with very little benefit to themselves. Meanwhile, the produce is taken by the elites.
As a kid, even as Muhammad Ali was saying “I ain’t got no quarrel with them Vietcong,” I was simultaneously figuring out that, with, whatever it was at the time 250,000,000 souls in The USSR, that most of them probably had done nothing that would make me want to hate them, even as we were basically inculcated to consider them as devils. The devils were the unseen ones at the top, and even Khrushchev was someone who did a good job of managing through the rhetoric and avoiding nuclear annihilation. Similar to Trump, today and Kennedy and Reagan in their times.
I’m curious to know how much value was looted from Mother Russia. Perhaps a Saker/ Skidmore analysis is in order.
It would be good to know. I never tried to do – it would require Anne Williamson or someone who had been around on the financial beat at that time.
Thank you, Dr. Skidmore, for your valiant efforts to quantify and hopefully bring to light the ongoing irregularity in governmental accounts. As “partners” in the enterprise we call The USA, the public deserves to know to what effect its hard-earned and harder-taxed labors have been expended. Undoubtedly not all of it will be for congenial purposes, or for that matter, nefarious ones, but we simply have no idea from the way it has been accounted in recent years. With all the surveillance, information flow seems to be more or less a one-way street, and that’s the fundamental imbalance, even ahead of accounting.