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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: MSI who wrote (272948)7/10/2002 5:41:22 PM
From: jlallen  Respond to of 769670
 
Which criminals in the Administration? I'm not aware of any convictions?

Or did you mean the Clinton Administration? Several convictions there including the #2 man at DOJ and also one admission of perjury and misleading a federal court....



To: MSI who wrote (272948)7/10/2002 6:08:39 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
A billion here, a billion there... and pretty soon you've got a trillion of so missing!

But you are right > who cares? It's only the taxpayer's money.
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"...To put it in historical context, the GAO Report of 1988 stated that of the $531 billion spent by the Department of Defense from 1982 to 1988 under the guise of developing Star Wars projects, over 50 % of the money could not be accounted for.

In 1989, FARCO (Foreign Asset Recovery Control Office) revealed that during the peak years of expenditures on Star Wars programs (1985-1986), there was an enormous increase in the opening of offshore accounts by senior Reagan-Bush officials, including senior military officers and others closely connected to the Reagan Bush Regime, particularly in the defense industry.

That's one of the mandates of FARCO - to maintain an account of the flow of US monies as to foreign deposits.

According to a syndicated Newhouse report, current Department of Defense fraud is even worse than anyone can imagine. "For fiscal year 1999, the Pentagon Inspector General reported $2.3 trillion worth of untraceable accounting entries…"

"For fiscal year 2000, auditors or the Pentagon's inspector General's Office found $1.1 trillion in bookkeeping entries that could not be tracked or justified," (Story)