Incidentally, you'll find that the googol can just as well be called "10 duotrigintillion" following the (more or less) standard conventions for naming large numbers; googol is just the fun name, which allows us to name "googolplex" easily; and if a mathematician or scientist ever had occasion to use either number, they would just call them 10^100 and 10^10^100 because numbers are much easier to work with than names.
“The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits – ah! That is another matter – twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent – the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let’s get it.”
The business of military procurement has multiplied since his fateful revelations.
Not satisfied with fair profits or feasible competition, the practices of the defense corporatists illustrate one aspect of waste, graft and systemic bribery. William D. Hartung describes the consolidation and expanse of a select group of companies in the paper, The Military-Industrial Complex Revisited: Shifting Patterns of Military Contracting in the Post-9/11 Period
“Many of the same companies that benefited from increased Pentagon and war spending were top contractors for other security related agencies. For example, Lockheed Martin was not only the top contractor for the Pentagon, but it also ranked number one at the Department of Energy; number eight at the Department of Homeland Security (Boeing was number one); number two at the State Department; and number three at the National Aeronautics and Space Administration (NASA).
Contracts let by these agencies were only a fraction of the levels awarded by the Pentagon, but they were significant nonetheless. For example, the Department of Homeland Security issued $13.4 billion in contracts in FY2008, NASA $15.9 billion, the State Department $5.5 billion, and the Department of Energy $24.6 billion.”
This dramatic growth in budgets is even more significant, when viewed in the context of world expenditures of other counties. Leaving aside the relative merits of the dangers and risk of external threats, the gigantic enterprise of fostering the biggest military apparatus in history has made select factions rich at the expense of the many.
Jonathan Turley in Pentagon Plugs: New Study Finds Pentagon Has Hidden Trillions In Missing Money And Equipment, references an example on how the overall avoidance of financial accountability, outright fraud and intentional concealment operates.
“A new report has detailed how the military has cooked the books to hide trillions, that’s right trillions, in missing money and equipment. The military calls them “plugs,” a curious term for fraud.
These are knowingly fake figures used to hide the fact that there is no accurate record of the money.
The plugs are generally the work of the office of the Defense Finance and Accounting Service, the Pentagon’s main accounting agency. Required to complete an audit, the staff simply faked the numbers.”
Reuter’s reports on a Special Report: The Pentagon’s doctored ledgers conceal epic waste.
“Over the past 10 years, the Defense Department has signed contracts for the provision of more than $3 trillion in goods and services. How much of that money is wasted in overpayments to contractors, or was never spent and never remitted to the Treasury, is a mystery. That’s because of a massive backlog of “closeouts” – audits meant to ensure that a contract was fulfilled and the money ended up in the right place.”
Now trillions are sums that are unimaginable The Department of the Treasury acknowledges that U.S. gold reserves (if you believe their figures) total $11,041,059,958.16 as of their Current Report: January 31, 2014.
An eleven billion dollars equivalent is a mere drop in the bucket to the monies allocated to the military and homeland security. Taxpayers are regularly deceived about the costs. Congress is kept in the dark about black programs. And the war racket keeps funneling and siphoning off unknown sums to accounts that only a super computer can track.
Corporatocracy: How the Corporate Welfare State Divides and Conquers is a video by journalist James Corbett (below) that provides an insightful analysis which establishes a surreal account how the oligarchy operates. The financial shenanigans of corporatists contribute to the interlocking directorates, which run the money pit that keeps the empire operating.
A rational reform of a depraved money laundering arrangement is impossible without a fundamental repudiation of the internationalist foreign policy doctrines that permeates the State Department.
Funding advance technological warfare platforms that are unheard of to even congressional oversight is profoundly unconstitutional.
When such practices become routine, the economic incentives breed crooked abuses. The obligations for responsible public policy are methodically destroyed, when transparency is eliminated.
The Washington Blog provides several useful sources that document the extent of the problem in “$8.5 TRILLION In Taxpayer Money Doled Out By Congress To The Pentagon Since 1996 … Has NEVER Been Accounted For” and sums up with a bleak assessment.
“The Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China’s economic output last year.”
Evidently, the elites that benefit from bilking appropriations and the board members that steer the defense contractors want the con to continue. For all the money directed towards maintaining the war machine, our actual security become less secure.
Banks laundry ill-gotten gain, as prevailing practice, in the normal course of business because the arm merchants are protected players in the trade. The reprehensible circle that the dogs of war unleash the cash flow from their illicit drug sales, through arms sales, allows for the smooth transfer of hidden blood money into number accounts.
Such an organized system of mutual payoffs greases the ever growing industry of fear and destruction. All the missing money is buried in the unknown cashes of subterranean tyranny. Creating false flag threats allows for imaginary scourges to be new enemies. Protection from such manufactured foes is the real business of the military-industrial-complex.
So, when more details surface about the lost and unaccounted military funding money, it is just part of the price of keeping you safe.
[sidebar: Leapfrogging and the birds of prey are hungry, far away, close at home, among the gates the traitors are the most criminally insane. Robed Gavel Tyrants and millions of so called 'lawyers' that invested in the system. The system has failed. Certainly the U$$ prop is a S.M.A.R.T. helicopter stunt via Bernanke. Petro$ purchasing power continuing until ?
Virtual fraud is an interesting concept. Fraud is Fraud and Virtual is Virtual. Either / or, the commodity is a very hard sale, Virtual Fraud.
The FIAT MONEY as the definition is known universally has once again met-up with - the irrestible force meets ~ unmovable / immoveable | object ... Dragons fight in the wilderness. Their blood blends together. In the top positions of Chyan and Kun there is a remorse for being excessive. Here the yin principle reaches its ultimate, but instead of integrating with its yang complement, tension arises. By being overly strong, ying competes with yang, which eventually leads to destruction. Competitive energies bring destruction. Cooperative energies bring harmony, thus integration results when two harmonizing energies meet. The Book of Changes and The Unchanging Truth, By Hua-Ching Ni, Hexagram #2, Line6
BRICS: Brazil, Russia, India, China, South Africa (i've goofed up on this acronym b4, :()
I was confused about SPAIN! KING OF JERUSALEM is also the Spanish King. America the Corporation operated via the owners of Israel. Vassal, and intended to either be the Golden Army for the Holy Roman Empire or perish. A global operation and the same formula the Federal Reserve System [FRS] used to defraud the United States Citizens', is how the operation got to be-is IT: BIGGOV-Global.
Remarkable criminals got together, MADOFF is a small bookie for the BIGGOV-Global.
www.kahudes.net What the journey must have been, discovering how corrupt the World Bank and the whole business of 'money' is as 'reality'.
George W. Bush "Jr" the #43IT (Obama#44IT) for the American Corporation (FRS' SLOBS-BLOB-SCOTUS-POTUS-FLOTUS-COTUS-JOTUS-ET-AL), dictated and continues to dictate to IOTUS [Individual/s Of The United States], and, the U$A is collapsing due to the same CRIMINAL FRAUD of the Virtual Debt/Credit sold as though real wealth.
What are the criminally insane capable of doing? 9-1-1, was just the tip of our iceberg coming.]
.. to be continued ...