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U.S. Army fudged its accounts by trillions of dollars, auditor finds
Reuters ^ | Aug 19, 2016 | Scot J. Paltrow

Posted on 08/19/2016 5:16:51 PM PDT by Leaning Right

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To: Secret Agent Man

Right again!!!


41 posted on 08/19/2016 8:31:05 PM PDT by firebrand
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To: Leaning Right

Doublespeak!


42 posted on 08/19/2016 8:32:20 PM PDT by firebrand
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To: stockpirate

They’re in on it.


43 posted on 08/19/2016 9:52:16 PM PDT by onedoug
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To: Leaning Right

Let’s get pencil and paper, class. Missing the
.... ‘stimulus’ funds
.... State Department funds misplaced, lost, under Clinton’s stalwart leadership
.... 400 million to Iran
.... more filtering into Iran over and above the millions already mentioned.

And yet congress critters bark at Donald J. Trump that there is no answer as to where the money needed to rebuild our decaying nation could possibly be found.

Where there is a need, there is a way....and the current administration has indeed found both, with a good many extras.


44 posted on 08/19/2016 10:48:35 PM PDT by V K Lee (u TRUMP TRUMP TRUMP to TRIUMPH Follow the lead MAKE AMERICA GREAT)
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To: Leaning Right

I’d think a lot is just workfare wealth transfers, feeding/clothing/housing a lot of people that will never serve a “military” purpose...


45 posted on 08/20/2016 5:11:03 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: proxy_user

Fractional Banking and the Derivatives Market; reports over at Zerohedge have the Derivatives Market “valued” at $600 TRILLION! Yes, that is about 30x the gross output of Earth.


46 posted on 08/20/2016 9:48:51 AM PDT by El Laton Caliente (NRA Life Member)
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To: El Laton Caliente

You have to understand how derivatives work. The notional value is of no significance; what you need to look at is the value at risk.

On a $500 million vanilla interest rate swap, the typical value at risk is $2 or $3 million. Other types of derivatives have even higher ratios.


47 posted on 08/20/2016 5:11:41 PM PDT by proxy_user
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