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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (540048)1/1/2010 3:34:28 PM
From: bentway  Read Replies (2) | Respond to of 1574705
 
The actual military budget is hidden all over the place. With just the VISIBLE part of it we spend as much as the rest of the world combined.

The atomic weapon budget is part of the Dept. of Energy's budget. We don't really know how large the Intelligence budget is, but it isn't counted as part of the Defense budget. Other parts of the Defense budget are squirreled away all through our government.

Your big issue is energy. The fact that the Defense Dept. covertly runs our government is mine. Have you ever asked yourself why NO pol points out what a bloated load of pork our defense budget is and runs on shrinking it? Why the issue is never even RAISED by the corporate media?



To: RetiredNow who wrote (540048)1/1/2010 4:43:49 PM
From: i-node  Read Replies (1) | Respond to of 1574705
 
>> to force visibility onto the issue and then force Congress to legislate those benefits away in full view of the public.

Which, of course, is the reason for making financial statements available to the public in the first place.

>> That's the problem with our government's budgets and balance sheets.

It isn't just the federal government. It is, IMO, a flawed accounting system that is used for government entities, generally.

I only had the obligatory 6 hours of Governmental Accounting in my curriculum 35 year ago. I recall my first day of the first course. The professor says, "I think you all come in here with a lot of accounting under your belts. Just forget it. It doesn't apply to governments, it is your enemy in here."

25 years later, when I was forced to do some audit work for some governmental entities, I recalled just how screwed up it is.

Governmental accounting is utterly worthless for the most part.