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Thread: 21 Trillion missing

  1. #1
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    Default 21 Trillion missing

    Missing $21 Trillion Means Federal Government Is Lawless – Dr. Mark Skidmore

    By Greg Hunter On December 3, 2017 In Political Analysis No Comments

    By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Michigan State University economics professor Mark Skidmore made an astounding discovery about the finances and budgets of the U.S. federal government earlier this year. He and a team of graduate students discovered $21 trillion missing in the federal budget going back to 1998. Dr. Skidmore, who specializes in public finance, explains, “We know from official government sources that indicate $21 trillion is, in some way, unaccounted for. Furthermore, if we come back to the Constitution, all spending needs to be authorized by Congress. It looks to me, and I think I can conclude with a high degree of certainty, there is money flowing in, as well as out, that is unaccounted for. . . . That’s the one thing we know from these documents, that there is $21 trillion in unaccounted funds.”
    In one example, Skidmore found a huge transfer from the Treasury Department to the Army that, again, was not authorized. Keep in mind, the Army has an approved budget of a little more than $120 billion a year. Skidmore says, “In this one report . . . there is an appendix table that indicates there was a transfer from Treasury to the Army of about $800 billion. That’s almost a trillion dollars flowing in. There is a note that says we had to do this in order to reconcile past years. That doesn’t make sense to me either because, these earlier years, you have a transfer from the Treasury of your $120 billion or $130 billion, and every year, the Army is granted the authority to spend this money in the ways they say they will. How can you get (an additional) $800 billion in and call that an ‘adjustment’? I tried to call and talk to the office of the Inspector General to talk to the people who helped generate these reports. I haven’t been successful, and I stopped trying when they disabled the links.”
    You heard correctly. The government cut off inspection of their own financial accounting to the public. Skidmore says, “I have been able to talk to a few people. I tried calling the Congressional Budget Office. I talked with somebody at the GAO, and one or two people at the Office of the Inspector General, who were generating these reports. . . .It’s a big question in why don’t people want to look at this? I am just a blue collar economist at Michigan State University, and I am saying this does not make sense to me. Why don’t we look at this? . . . Some high ranking government official authorized the disabling of all the links to the key documents. We know that.”
    Dr. Skidmore thinks the federal accounting of $21 trillion in missing money is crazy and far outside the realm of normal. So, is this a legitimate U.S. national security issue? Dr. Skidmore says, “Yeah, and that is one of the reasons I decided to look at this. How can this be, and what does this mean? If trillions of dollars are flowing in and flowing out, it appears to be outside of our Constitution and outside of the rule of law. If that is the case, that really is troubling because it suggests that there is a layer of things happening that are outside the rule of law. I know, for example, that some activities, just for the sake of protection of the people involved in national security, have to be black budget. There is always stuff like that. Usually, it’s authorized spending, and some percentage is this black budget where only a small percentage of people and some in Congress know about it, but this is way outside of that. So, I am worried about it.”
    There is also a vid at the link:

    https://usawatchdog.com/missing-21-t...mark-skidmore/
    Wise Men Still Seek Him

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    Cooking the books, and not sharing the recipe!

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    i get the feeling that all our military actions,for the last 40 years,is pointed to protecting the status of our FEDERAL RESERVE NOTES---

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    Its not missing, thats just DUMB.
    ”The trouble with socialism is that you eventually run out of other people's money.” - Margaret Thatcher


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    Quote Originally Posted by Achilles View Post
    Its not missing, thats just DUMB.
    As in Deep Underground Military Bases? (DUMBs)

    "Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery?
    Forbid it, Almighty God! I know not what course others may take, but as for me, give me liberty or give me death!"


    Patrick Henry

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    I just watched this video. This man is legit. He is a professor of economics at Michigan State University and works for some local governments to handle their accounting. He got into this investigation because he heard Greg Hunter's interview with Catherine Austin Fitts about the missing trillions and thought she must be mistaken. But when he looked into it, he realized she was right.

    He said $21 trillion equates to $65,000 for every person in the United States.
    ~ Let's pause and say hello to the rogue intelligence agencies currently monitoring these threads. Was the money worth it? ~

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    “I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue.” Barry Goldwater.

    Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats.H. L. Mencken

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    Quote Originally Posted by grower View Post
    I just watched this video. This man is legit. He is a professor of economics at Michigan State University and works for some local governments to handle their accounting. He got into this investigation because he heard Greg Hunter's interview with Catherine Austin Fitts about the missing trillions and thought she must be mistaken. But when he looked into it, he realized she was right.

    He said $21 trillion equates to $65,000 for every person in the United States.
    That's what we (you to) have borrowed, in the form of our government spending more than they've taken in and selling paper to cover the rest.

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    The good doctor may want to be very careful. Deep state does not have a sense of humor.
    ---------------------------------------------------
    And, it's gone!

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