2007-09-24 15:22:49 · 12 answers · asked by Chi Guy 5 in Politics & Government ➔ Politics
Because they are lying pigs and war profiteers and corporate whores ,should I say more?
2007-09-24 15:28:34 · answer #1 · answered by Anonymous · 6⤊ 2⤋
This is a government agency report doing it's job of financial oversight of the federal government. Read it and weep. go to the website and read the whole thing. Billions of dollars are missing.
"The Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget (OMB), is required annually to submit financial statements for the U.S. government to the President and the Congress."
"The U.S. government’s total reported liabilities, net social insurance commitments, and other fiscal exposures continue to grow and now total approximately $50 trillion, representing approximately four times the Nation’s total output (GDP) in fiscal year 2006, up from about $20 trillion, or two times GDP in fiscal year 2000."
"Without reliable asset information, the federal government does not fully know the assets it owns and their location and condition and cannot effectively (1) safeguard assets from
physical deterioration, theft, or loss; (2) account for acquisitions and disposals of such assets; (3) ensure that the assets are available for use when needed; (4) prevent
unnecessary storage and maintenance costs or purchase of assets already on hand; and (5) determine the full costs of programs that use these assets. "
"Given these and other factors, it seems clear that the nation’s current fiscal path is unsustainable and that tough choices by the President and the Congress are necessary in order to address the nation’s large and growing long-term fiscal imbalance. Department Of Defense did not maintain adequate systems or have sufficient records to provide reliable information on these assets."
"In addition, differences in other intragovernmental accounts, primarily related to transactions with the General Fund, have not been reconciled, still remain unresolved, and total hundreds of billion of dollars. Therefore, the federal government continues to be unable to determine the impact of unreconciled intragovernmental activity and balances on the consolidated financial statements."
2007-09-25 01:10:58 · answer #2 · answered by truthrules 3 · 3⤊ 0⤋
Because thier friends are based in Dubai and not paying taxes. Why would they be worried about someone else's money?
2007-09-24 22:34:01 · answer #3 · answered by Sageandscholar 7 · 5⤊ 0⤋
Just trying to keep pace with the democrats. The GOP fell off there for a few yrs but they are getting back to their principles again I think
2007-09-24 22:28:21 · answer #4 · answered by Anonymous · 2⤊ 3⤋
who was it that gave the tax cuts a few years back?
Did you send your back and say no thanks?
It must not matter too much, because the dow was hitting record highs just a few years after the worst terrorism on our soil. Sounds like they kinda know what they are doing.
2007-09-24 22:57:45 · answer #5 · answered by The Angry Elephant 4 · 0⤊ 4⤋
Deferred maintenance - for 8 years Clinton robbed whatever he could, deferred everything and cooked the books in his attempts to 'look' good.
2007-09-24 22:28:40 · answer #6 · answered by wider scope 7 · 1⤊ 4⤋
Just trying to keep it out of the hands of both the democrats and the welfare slugs. Oh wait! They're one and the same!
2007-09-24 22:27:56 · answer #7 · answered by Doc 7 · 3⤊ 5⤋
Because the way they stir up international politics and piss everyone off - there very well may be no tomorrow!
2007-09-24 22:26:17 · answer #8 · answered by Willalee 5 · 3⤊ 4⤋
Because they finally realized how much fun the Democrats had doing it for forty years, I reckon?
2007-09-24 22:39:13 · answer #9 · answered by Sloan R 5 · 0⤊ 5⤋
Well seems the libs control congress and that is who controls spending so once again you have finally defined neocons
2007-09-24 22:27:03 · answer #10 · answered by Anonymous · 4⤊ 6⤋