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submitted 1 week ago by shreddy_scientist@lemmy.ml to c/usa@lemmy.ml

The Pentagon announced late last week that it failed its seventh consecutive audit as the sprawling, profiteering-ridden department wasn’t able to fully account for its trillions of dollars in assets.

As with its past failures to achieve a clean audit, the U.S. Defense Department attempted to cast the 2024 results in a positive light, with the Pentagon’s chief financial officer declaring in a statement that “momentum is on our side.”

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[-] davel@lemmy.ml 13 points 1 week ago

Even if it were to pass an audit, it would still be bullshit: https://en.wikipedia.org/wiki/Black_budget#United_States

And the DoD doesn’t encompass the whole of the MIC. The CIA’s money flow is a black hole unto itself. https://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair

this post was submitted on 19 Nov 2024
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