My latest at the Washington Times wherein I discuss how the $800M the Pentagon can’t account for, & other ‘lost’ & wasted taxpayer dollars to the tune of $TRILLIONS, is the result of a bloated, unaccountable (and rogue) federal government.
Please do click through for the whole article.
A new audit about a Pentagon agency losing hundreds of millions of dollars is reported by Politico as an “exclusive.” While that’s technically correct, a government agency losing or wasting or misplacing millions, billions and even trillions of dollars (this is not hyperbole, folks) is nothing new.
Politico’s report is a reminder of what bloated, unaccountable government gets you.
“Ernst & Young found that the Defense Logistics Agency failed to properly document more than $800 million in construction projects, just one of a series of examples where it lacks a paper trail for millions of dollars in property and equipment,” Politico reported. “Across the board, its financial management is so weak that its leaders and oversight bodies have no reliable way to track the huge sums it’s responsible for, the firm warned in its initial audit of the massive Pentagon purchasing agent.” […]
But this disaster isn’t unique. The corruption we’ve watched unfold over the FISA (Foreign Intelligence Surveillance Act) warrant scandal presents another side of the same coin: a federal bureaucracy that has grown so massive it “forgets” who it is answerable to and begins to see itself as the living entity to be served.
Bureaucrats in the information business flout the law, as though they’re above it. While those in charge of our money use it like a never-ending water stream, that is unending and belongs to them.