The Federal Government Net Worth = Pension Deficits

The Pentagon claims the military industrial complex cannot keep up with the demand for weapons.  Politico ~  “US DEFENSE does not possess the capacity, capability, responsiveness, or resilience required to satisfy the full range of military production needs at speed and scale.”   A spokesperson for the Pentagon claims the US would be at the mercy of any ‘modern conflict’.  On par with telling every enemy across the globe, which has grown significantly during the Brandon Regime, to attack now…

Attack while we are down and out!  ~LaPlante, Kirby and Austin…  the worst of the worst to run America’s defense while we continue to send weapons to Ukraine and Israel.   An odd sort of relationship.

Despite all the rhetoric, the last time China participated in any war was Vietnam in 1979 in which a ‘draw’ was announced.   Although Iran has been involved in proxy conflicts, the last time they initiated a war was 350 years ago.   By contrast, America has had exactly 17 years of ‘Peace’ since 1776…   Is The Pentagon goading an attack on America?

Lloyd Austin recently blustered his way through a media spin wherein he accidentally declared that money for Afghanistan, Iraq, Yemen, Syria, Sudan, Somalia, Ukraine and Israel is really spent on bolstering new and improved military weapons for the US while sending the old and useless equipment to these countries – or simply leaving billions$ behind as in Afghanistan.   In other words – The Pentagon, the State Department, and every Congressional member knows this is the Ponzi scam – and says NOTHING.

The reasons cited for bigger and better weapons?  China and Iran – despite their history of NOT inciting wars.

In 2022, Lockheed Martin was awarded contracts totaling $46.2 billion (other subsidiaries were also awarded $Billion in contracts)  and Raytheon was awarded contracts worth $26.13 billion.   General Dynamics got $21.57 billion and oddly, Pfizer and Humana are listed as a defense contractors receiving $16.67 billion and $7.74 respectively, followed by Boeing’s $14.8 billion etc… etc…   No shortfall on Military Weapon Contracts at all!

Other November 2023 contracts include a complete overhaul of Guam – $700 million, $500 million for night vision goggles, and $500 million for radar systems for Northrop,  etc…    Certainly these are of the utmost importance in the scheme of Defense…

US GOVERNMENT BALANCE SHEETS:

FY 2023, the Department of Defense had at their disposal $1.52 TRILLION and spent $1.2 Trillion – a $3 billion surplus.   $89 million of the budget was spent on The Media.  The 2024 Austin Lloyd DOD Budget Request Report cost $37,000 to prepare….  Don’t we have employees for that?   The principal enemy is deemed – China.  Why?  Because their military spending produces better equipment than ours.   China’s Military Spending for 2022?   $230 billion – 660% LESS than the US.

Threats are constantly blared from rooftops and Media pundits with the latest being – US ships are being attacked by Iran Houthis!   To Bolster FEAR.  So who is fighting the US right now?   No ONE!

“And these next few years will set the terms of our competition with the People’s Republic of China. And they will shape the future of security in Europe. And they will determine whether our children and grandchildren inherit an open world of rules and rights—or whether they face emboldened autocrats who seek to dominate by force and fear.” ~ Lloyd Austin

The Pentagon declares they are broke and need more money because America is at risk!   But are we really?   Or does the end game require “Cleaning out the entire Government Funds”  as the election nears and the Gamut is exposed?

As of FYE 2022, the US Department of Transportation had a NET WORTH of $262,902,928,000.  Unspent accumulated funds.   As of FYE 2022, The US Department of HHS had a NET WORTH of $902,105,000,000.  By contrast, the DoD Balance Sheet for FYE 2022 revealed a NET LOSS of $226,845,000,000 – offset by ‘gains from actuarial changes for military benefits’…  $527 Billion, an increase of 541% or $444 billion from the previous year 2021.   This offset is either the result of dead soldiers or really good ‘investments’.

Balance Sheet ‘investments’ for the DoD total;  $1,635,629,000,000.

This is Governmental Accounting at its best – the DoD is under the twalette because of federal employee and veteran benefits payable – $3,578,625,000,000, a shortfall of $2 trillion in just one government agency.   It is beyond reprehensible!

The Government offices are simply shuffling money from one administration to the other for the purpose of paying off Internal PENSIONS.   Granted, military pensions for service members is not a question – the GROSS Mismanagement of Funds – is!

THIS is why taxes are raised continually.   SHAME.

Not to worry.  The Federal Government insures Pension Benefits through the Pension Benefit Guaranty Corporation (PBGC), a federal agency.   According to their Balance Sheet their Net Position is $46,076,000,000.  The entire funding of Federal Pensions is subject to Tax Revenue which is subject to population and wages.  The unfunded liability is dominated by Medicare, Defense, Medicaid, and Other.  Hence, reducing the elderly and infirm social security population via CoVid was the brainchild of Bill Gates.

Medicare and Medicaid are directly subject to;   1.   Pharma caused diseases,   2.   Obamacare Inflation of roughly 600%,  3.   Vaccine mandates & injuries,  4.  Illegal immigrant benefits.  Defense Overspending is caused by;  1.  Infinite war spending,   2.  Black Book Mercenary Costs,  3.   Too many worthless and incompetent Generals,  4.  Corruption,  5.  Increased Net Asset positions having increased by 300% in Military Industrial Organizations since 2019 to 2022 = upwards of 100% per year;  Northrop, Lockheed.

The Federal Government is a virtual CESSPOOL of spending – and every Agency needs to be literally purged of every last employee, director, and officer.   Scraped like vacant buildings in NYC built 100 years ago.  Their walls leaking, their asbestos infiltrating, their disease manifesting in rats and mice.  There is absolutely no other way.   Complete PURGE.  ALL pensions vacated – except for military personnel under the rank of General and Social Security recipients.  

You cannot modernize an apartment in a 100 year old building that has never been upgraded.   It is less expense to SCRAPE.