In fiscal 1999, the Department of Defense was “missing” $2.3 trillion dollars. To put that amount of money in perspective, it is approximately 3X what President-elect Obama is .

In fiscal 2000, the Department of Defense was “missing” $1.1 trillion, about 1.5X what President-elect Obama wants to invest in America.

So between October 1998 and September 2000, the Department of Defense was “missing” $3.3 trillion. Because the amount of money disappearing is so enormous, years ago we started a archive of articles on the “missing money” to try to keep up with the trillions sliding out of the federal accounts.

From 1997 to March 2001, the Under Secretary of Defense (Comptroller) who served as the chief financial officer for the Department of Defense was William J. Lynn III. In that position, he was the chief financial officer for the Department of Defense and was the principal advisor to the Secretary and Deputy Secretary of Defense for all budgetary and fiscal matters. That means he was the person responsible to make sure no money went missing and that the Department of Defense published audited financial statements — which it failed to do in those years and every year since.

When Mr. Lynn left Defense in 2001, he joined DFI International and then in 2005 became the chief lobbyist for Raytheon. He was replaced at Defense by Dov Zakheim.

Today, President Elect Obama nominated William J. Lynn III as the Deputy Secretary of Defense. The press release said, “Lynn brings decades of experience and expertise in reforming government spending and making the tough choices necessary to ensure that American tax dollars are spent wisely.”

Obama also nominated Robert Hale to Lynn’s former position,  Under Secretary of Defense (Comptroller).  From 1994 to 2001, Mr. Hale served as the Assistant Secretary of the Air Force (Financial Management and Comptroller). That means that Hale, same as Lynn, was in charge of the money when all the money disappeared.

I guess the guys who got the last $3.3 trillion were pretty happy with Mr. Lynn and Mr. Hale and decided to bring them back.

Which brings me to the question I keep asking, “Where is the money and how do we get it back?“

37 Comments

  1. Where is the missing money? Clearly this is graft, corruption, cronyism. Have you ever read the book called Black Budget: Blank Check? Money was being wasted back then on 1000 dollar screws and such to build an airplanes that couldn’t fly in the rain. The other issue is the secret black budget stuff which is abused so that a bunch of greedy folks can rob the American people.

    Obama should get rid of all the Black Budgets, CIA and Pentagon both. He should shut the Pentagon down for a month to audit their books and then fire about 75% of them. Then he should cut our defense budget down to a tenth which is what China’s is. We can’t eat bombs. During a Depression we need to focus on people not the war machine.

  2. Catherine what country can I move to that doesn’t steal the publics hard earned money?
    I know this is a common paradigm and I know that it can’t be stopped any more that I can stop a train with my nose.
    It’s painfull not being a zombie and having to see this happen in plain sight while the masses
    are thanking the perpetrators for a job well done.

  3. I had to correct a link as I had a word in link that should not have been in it. I appreciate your intelligence. But the good Rabbi did not steal 3.3 trillion dollars from Pentagon several years after it was reported missing. So I do not understand what you mean by theft done several years after money was reported missing. In any case, all the good Rabbi Dov Zakheim had to do as Pentagon Comptroller was “arrange/order” between March and September 2001 a key person–or alone if he knew the code–to send 3.3 trillion dollars to a foreign account by Swift Code through a computer(s) in WTC-7 building, http://www.youtube.com/watch?v=oj1rT4bszWg. In fact you have this CBS clip on YouTube in your Aug. 10, 2008 blog, where is the missing money?

    But you may be correct in directing our attention to the possibility of the theft occurring when William J Lynn was Pentagon Comptroller, http://www.raytheon.com/ourcompany/rtnwcm/groups/public/documents/content/bio_lynn.pdf. The theft would have occurred before the good Rabbi could do the theft. Hm? Is it any wonder that Obama wants Lynn close by to learn how truly mega big theft of tax payer dollars is done, http://www.huffingtonpost.com/2009/01/09/obama-picks-defense-lobby_n_156536.html. Does Obama have a ready foreign account? Hm. Or does the “handler” of Obama want to “order” where monies must be sent; his handler or controller being soon to be Chief of Staff Rahm Emmanuel, http://www.voltairenet.org/article144314.html. Will

  4. Do you want to know…I mean REALLY know who is behind it all?

    Google: six pointed star mark

    Youtube search: shriner lucifer

    Google: D.C. jerusalem masonic shrine

    Youtube search: Biden powell

    Youtube search: generated crisis

    Google: talmud truths

    They you will know who is running the ‘show’. They are the ones EXACTLY prophesied in the Holy Bible to be in power at this late hour.

    Yawheh bless you, dear readers, in Yeshua, Jesus Christ

    Mitch

  6. Lots and lots of paper (called money) which in a real reality or a right reality would have (probably) negative value. Its not the money, what do a bunch of dumb cattle being herded into (eventually) new gas chambers need with worthless paper. Go to youtube.com and type in Fema camps and start a journey towards the very ugly truth. New World Order of greedy power crazed monsters that imagine complete control but will never obtain this goal. Nazi Germany all over again except much worse. Lets hope I am wrong but I am not. Hard to see the real reasons behind this insane insanity when you consistently focus on bullshit.

Comments are closed.