http://www.dailywire.com/news/15163/ben-carson-finds-500-billion-billion-errors-during-joseph-curl#
No worries. We can always trust government to be efficient.
No worries. We can always trust government to be efficient.
Ben Carson finds $500 billion in errors at the HUD
- Thread starter AC_Exotic
- Start date
While I'm not entirely happy with Trump and some of his antics....this is exactly one of the things he was elected to do. What hardworking American doesn't get pissed about this? If you took 200 million working American's who are paying taxes (against the $500 billion) that is $2,500 per payer. Keep exposing this crap, and regardless of some of the fringe acts he pulls, he is going to be re-elected.
Reading the article, it looks like these are basically repeat findings from prior audits. The real question is what will Carson do to fix this.
How many walls could we build with $520 billion?
Holy f*ck -- 500 billion! I thought it was 500 million.
Imagine what they will find in the other agencies.
15 government departments (State, DOJ, etc.) x $500 billion = $7.5 trillion or 3/4 of the amount of debt Obama added in 8 years.
$2,500...isn't that the same number Obama said families would see their health care costs reduced?
15 government departments (State, DOJ, etc.) x $500 billion = $7.5 trillion or 3/4 of the amount of debt Obama added in 8 years.
Gonna keep my eye on this topic.
I'd like to see how tangible this error is.
On the books only, or is serious cash/assets missing/unaccounted for?
I'd like to see how tangible this error is.
On the books only, or is serious cash/assets missing/unaccounted for?
https://www.hudoig.gov/sites/default/files/documents/2017-FO-0005.pdf
You can read the audit yourself, but I wouldn't recommend it.
Does it show what is alleged? I would take the time to read it to see if what the news reported is accurate, but if you believe it is or isn't, I'll take you at your word. You're a straight shooter.
If $520 billion is correct, somebody has been mopping the floor with dirty water for a LONG time.
Would bad accounting allow you to see that? Serious question. I know I could make my checkbook appear to have all kinds of money in it when it isn't actually there. I guess what I'm asking is is it possible, according to the facts in the report, that $520 billion of stuff is in fact missing?
Long retired from my days of Captain Darby and his Debit Rangers, but sounds like the HUD books are a PILE of dogshit. Just my guess, but I'll go with intentional.
You could make $520 billion disappear and pass the audit with flying colors. To me (not an accountant) the report puts a ceiling on missing stuff of around $3 billion. $3 billion was the total in absolute (meaning + and -) errors in the consolidated financials.
