Ernst & Young Fail!
The Defense Department remains the only federal agency in America that hasn’t been able to pass an independent audit – 28 years after Congress required it to do so. Why is this issue so important? According to a recent report from Michigan State University, between 1998 and 2015, the Pentagon has been unable to trace, document or explain, are you ready for this, $21 trillion in financial transactions. Yes, that’s trillion with a “T.”
Over and over again, our Republican friends tell us that we cannot possibly afford to join the rest of the industrialized world and guarantee health care as a right to every man, woman and child through a Medicare for all program.
We have been told that we cannot afford to make public colleges and universities tuition-free, or make sure that everyone in America has access to affordable housing, childcare, or a good job that pays a living wage with good benefits.
But when it comes to spending $716 billion a year on the military – more than the next ten countries combined – all of a sudden there is a deafening silence from my Republican colleagues about the deficit.
That is unacceptable. The time is long overdue for us to take a hard look at the enormous amount of waste, at the cost overruns, at the fraud, and at the financial mismanagement that has plagued the Pentagon for decades.
https://www.thenation.com/article/pentagon-audit-…
Reminds me of the episode of The Office, "The Surplus".
Everyone other than myself in my circle of close friends works some sort of DoD/DoD adjacent job and every time we get together they talk about the blatant idiots they work with/under who collect six figure salaries until they just eventually get forced out. It's a real shit show when you try to dig at unnecessary spending patterns and their defense is, "we stop the bombs from dropping here, so fuck off."
Shows where our priorities are. Meanwhile Liz Warren (or someone like her) is going to become president and this country will veer towards socialism in a more extreme and quick way than we can imagine. We have a segment of the population that is resisting incremental progress and they are outnumbered. When the dam breaks a tsunami will ensue, and it'll be unfortunate.
Is this the WolfofWSO? My impression, based on your posts on Islam and immigration, was that you are far right of center.
Thanks for the shit post asshole
triggered?
I have a friend who works for a consulting firm that basically helps the DoD to get prepared for audits. He tells me how amazing it is that a lot of things the DoD has isn't properly monitored or recorded in some fashion. For example, he said there's no log of who has a government laptop or not, so it's easy for them to go missing.
On the other side, having worked in public accounting, I don't think this is a fail on EY's part, this is how every audit works; basically move papers, don't understand anything and hope nothing blows up.
If we cut defense spending, the commies win!
Also, many military bases are in red states with shit economies, and which rely heavily on base spending to keep their economy afloat. How else does one justify a Coast Guard facility in West Virginia?
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