Coming to a GAL-AX-Y near you??? now far removed???
A perplexing abstract allegory to 'FOLLOW THE MONEY',
ineptitude and incompetence will line your way...
THE BLACK HOLE OF THE PENTAGON'S UNIVERSE???
A black hole is a geometrically defined region of spacetime exhibiting such strong gravitational effects that nothing—including particles and electromagnetic radiation such as light—can escape from inside it. The theory of general relativity predicts that a sufficiently compact mass can deform spacetime to form a black hole. The boundary of the region from which no escape is possible is called the event horizon. Although crossing the event horizon has enormous effect on the fate of the object crossing it, it appears to have no locally detectable features. In many ways a black hole acts like an ideal black body, as it reflects no light. Moreover, quantum field theory in curved spacetime predicts that event horizons emit Hawking radiation, with the same spectrum as a black body of a temperature inversely proportional to its mass. This temperature is on the order of billionths of a kelvin for black holes of stellar mass, making it essentially impossible to observe.
Debunked: $8.5 Trillion Missing from the Pentagon
Discussion in 'Conspiracy Theories' started by Mick West, Feb 25, 2014. Previous Thread Next Thread
Mick West Mick West Administrator Staff Member
This is a variation on an older story about $2.3 trillion 'missing' from the pentagon in 2001. https://www.metabunk.org/threads/de...annot-track-2-3-trillion-in-transactions.165/
The bottom line there is that the money was never missing, the transactions were simply not recorded with the correct level of accounting regulation compliance. This was mainly due to incompatibilities between the various computer systems used at the time.
The new story comes from a Reuters article: http://www.reuters.com/article/2013/11/18/us-usa-pentagon-waste-specialreport-idUSBRE9AH0LQ20131118 Content from external source
BY SCOT J. PALTROW, Mon Nov 18, 2013 ... In its investigation, Reuters has found that the Pentagon is largely incapable of keeping track of its vast stores of weapons, ammunition and other supplies; thus it continues to spend money on new supplies it doesn't need and on storing others long out of date. It has amassed a backlog of more than half a trillion dollars in unaudited contracts with outside vendors; how much of that money paid for actual goods and services delivered isn't known. And it repeatedly falls prey to fraud and theft that can go undiscovered for years, often eventually detected by external law enforcement agencies.
The consequences aren't only financial; bad bookkeeping can affect the nation's defense. In one example of many, the Army lost track of $5.8 billion of supplies between 2003 and 2011 as it shuffled equipment between reserve and regular units. Affected units 'may experience equipment shortages that could hinder their ability to train soldiers and respond to emergencies,' the Pentagon inspector general said in a September 2012 report.
Because of its persistent inability to tally its accounts, the Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China's economic output last year.
Does this mean $8.5 trillion was lost? No, the $8.5 trillion is the entire pentagon budget from 1996 to 2012. That's the entire budget for 16 years, because the baseline budget is 'only' about $0.5 billion a year.
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