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Obama's Defense Department appointees - The $3.4 Trillion Dollar Question

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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 03:26 PM
Original message
Obama's Defense Department appointees - The $3.4 Trillion Dollar Question
Former Raytheon lobbyist, William Lynn, was appointed deputy defense secretary on Wednesday, February 11th after a contentious Senate confirmation hearing that led Republican Senator for Iowa, Charles Grassley, to forcefully object to the appointment on the basis of Mr. Lynn's "very questionable accounting practices that were obviously not in the public interest" while in the position of Pentagon Comptroller during the Clinton administration. The Senator's objection did not go far enough in exploring the "very questionable accounting practices" that Lynn engaged in during his tenure at the Defense Department from 1997 to 2001. The relevant question that should have been asked is "Where did the $3.4 Trillion go?"

In fiscal year 1999, the Department of Defense reported that it was missing $2.3 Trillion. In fiscal year 2000 the Department reported a missing $1.1 Trillion. Total: $3.4 Trillion "missing" taxpayer money. This happened under the watchful eye of the same William Lynn that now passes through the revolving door between the Department of Defense and the Defense industry.

Lynn was the Defense Department's chief financial officer and as such was responsible for all budgetary administration and reporting. He was also responsible for the publication of audited financial statements which he failed to do during his tenure and which have not been published since.

Lynn was nominated by Obama-Biden because "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."

http://www.nolanchart.com/article5991.html
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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 04:28 PM
Response to Original message
1. How can everyone bicker over the stimulus bill and allow the pentagon to lose 3 trillion?
And what the hell is Obama thinking??!!
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 07:47 PM
Response to Reply #1
3. I don't know how to answer your question.
All I can give you is a kick and rec and hope others will see this and help try to figure it out.

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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 07:49 PM
Response to Reply #3
4. thanks!
:hi:
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 07:51 PM
Response to Reply #4
5. You're welcome.
I remember a sum of money was shipped off to Iraq for something (reconstruction?), do you remember how much it was?

And, is it included in this $3 trillion?

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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 07:59 PM
Response to Reply #5
7. actually this was announced on sept 10,2001
The billions missing in Iraq is another story...at first it was 9 billion but who knows now...



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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 09:44 PM
Response to Reply #7
8. Tsk, tsk, tsk. When will Dick be reuinited with his precious? n/t
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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 02:11 AM
Response to Reply #8
9. as soon as he fakes his own death to get out of war crimes prosecution?
:rofl:
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 01:59 PM
Response to Reply #9
11. And then he and Kenny Boy can build their own Dubai island and ...
... live on it for the rest of their lives.

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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 02:14 PM
Response to Reply #11
12. ...right after they get their face transplant surgeries...
what a sweet love story :rofl: :puke:
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 05:04 PM
Response to Original message
2. Well, I guess not all the crooks have a "R" after their names. K&R
Edited on Fri Feb-13-09 05:04 PM by Greyhound
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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 07:51 PM
Response to Reply #2
6. ya
That might be why people don't seem to be interested in this. The damage is done, but the least we could do is complain a little when this guy gets another job at the pentagon and try to prevent it from happening in the future.
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Fireweed247 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 01:07 PM
Response to Original message
10. another
:kick:
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