Economics Prof: $21,000,000,000,000 Missing From Federal Budget

Economics Prof: $21,000,000,000,000 Missing From Federal Budget

On the dark side of the moon stand vast palaces made completely of gold, where federal bureaucrats plan to retire. Or maybe they constructed a city of platinum under a giant dome at the bottom of the sea. Either might explain what they have done with the missing $21 trillion:

An economics professor at Michigan State University made a shocking discovery while reviewing the finances of the federal government.

Dr. Mark Skidmore claims he and a group of graduate students discovered $21 trillion missing in the federal budget going back to 1998.

In one instance, the team found an unauthorized transfer of $800 billion dollars from the Treasury Department to the U.S. Army.

That 12-digit transfer was described as an “adjustment.” The wealth we work so hard to generate is adjusted out into the ether, never to be seen again.

He says he tried to talk to those who created the report, but stopped when officials disabled the online links to view the documents.

This is known in Washington as “transparency.”

He says it’s unacceptable, and is urging the American people to “stand up.”

To Big Government? No one seems to be interested.

The national debt recently rocketed past $20½ trillion. If we could get the lost money back, we could pay our way out of the hole. But then the government would just dig us into another one.

On a tip from J. Cross-posted at Moonbattery.

Share this!

Enjoy reading? Share it with your friends!