Posted on 04/11/2017 10:51:37 AM PDT by John Semmens
In a bid to improve procedures and results at the US Department of Housing and Urban Development (HUD), incoming Secretary Ben Carson asked for an audit of past spending. He was stunned by the finding that there were accounting mistakes amounting to more than $500 billion.
"I expected to discover numerous problems, but the magnitude of the mess exceeded my wildest estimates," Carson said. "Whether this is the result of incompetence or fraud or both remains to be sorted out."
The Obama Administration Secretary of Housing and Urban Development Julian Castro chided his successor for "going backward rather than forward. We don't need to be obsessed with bean counting. We need to ensure that everyone is properly housed. That's a vast undertaking. There are bound to be some mistakes made."
Castro pointed out that "the Inspector General's report by itself can't prove any of the money was stolen. Just because money is missing doesn't mean someone wrongly took it. There could be thousands of explanations for what happened. The important thing is that the number of homeless people in this country declined during Obama's presidency. That achievement was worth any cost."
Carson was not as willing to overlook the financial discrepancies, though. "Good intentions can be undermined by bad methods," the Secretary observed. "Every dollar lost through waste or theft diminishes the resources available to aid those truly in need. I can't accept the former Secretary's cavalier attitude toward the unnecessarily larger burden imposed on taxpayers as a result of his apparent mismanagement of the Department."
if you missed any of this week's other semi-news/semi-satire posts you can find them at...
http://www.gopbriefingroom.com/index.php/topic,257583.0.html
The Trump wall can be funded with the loose change at HUD.
Where’s the satire?
That is one BIG couch and a lot of change.
Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA "who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac," confirmed a 2012 scheme hatched by the Obama administration.
The audacious looting involved funnelling hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program - by paying subsidies to insurers to remain in the system. [Snip]
The conclusion reached by Corsi and others is that this was probably illegal. In fact, House Republicans actually sued the Obama Administration in 2014 over the fact that the subsidies to insurers weren't appropriated by congress and won, which the Obama administration appealed.
Zerohedge and the Atlanta Journal Constitution pointed out last week, the Trump administration has until May 22nd to decide whether or not to pursue the appeal: (Excerpt) Read more at zerohedge.com ...
Errors? Anyone who believes this scam was actually nothing but “errors” please contact me because I have a bridge in Brooklyn to sell you at a bargain price!
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