after reading about how screwed up the DoD's accounting systems are. Of course, the wingnuts think the DoD is off-limits to any criticism.
The Pentagon's $1 Trillion Problem
by Scot Paltrow May 2008 Issue
Conde Nast's Portfolio.com
According to federal regulators and current and former Pentagon officials, the accounting process is so obsolete and error prone that it's virtually impossible to tell where much of this money ends up.
The problem is so deeply rooted that, 18 years after Congress required major federal agencies to be audited, the Pentagon still can't be.
For the first three quarters of 2007, $1.1 trillion in Army accounting entries hadn't been properly reviewed and substantiated, according to the Department of Defense's inspector general.
Tuesday, April 15, 2008
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