federal government spending

US ECONOMY and DoD Spending; Fraudulent CHAOS

Posted on by Helena

Despite the US Military groaning and lamenting a dwindled inventory of weapons – a massive deal was enacted between the US and Saudi Arabia as Riyad and Iran seemed to be tracking closer as allies.   That would be the literal strategy…  as Saudi Arabia cozies with Iran – the Pentagon sells more weapons to – the Saudis, likely with attached coersion.    Stickier Indeed:    The Department of Defense Inspector General reviewed hundreds of weapon shipments to Ukraine, finding that half lacked proper documentation.  What could that mean?

In addition to the billions already wasted on Ukraine, the new Janet Yellen financial intelligentsia Advisory Committee has approved an EU/US loan to Ukraine for $50 billion.  What could be the collateral?   Yellen insisted the White House is confident that the American taxpayer would not be left responsible for repaying the loan. “We have a high degree of confidence that the money will be there and will remain locked down,” Yellen said.

Yet it is becoming more likely that Putin will have to take control over Ukraine in order to impede a repeat of the western tirade at some future date.  Given Ukraine elections never took place, Zelenskky’s favorability rating is likely in the range of Harris’ at 3%.  Ukrainians in the EU don’t want to return to their country, and some countries are now refusing Ukrainian immigrants –

Forcing them home means conscription and death.

While Lloyd Austin claims DRPK Troops are in Ukraine… he also said that DPRK troops are on the border but haven’t crossed into Ukraine – someone needs to have him pre-read the script before making commentary.  At this point we are in an FDR move.   Lie because the economy is breaking, and war is a distraction.

The WH is still touting America’s Great Tony The Tiger economy claiming an annual increase in GDP of 2.8% – per the Commerce Department.  According to their report:  The increase in real GDP primarily reflected increases in consumer spending, exports, and federal government spending (table 2). Imports, which are a subtraction in the calculation of GDP, increased.

Increases in federal government spending:  Led by the DoD, no financial reporting statements are available, however their FY 2023 audit was beyond abismal!  The FY 2024 budget was roughly $824 billion, $172 billion over the previous year – 27%.  According to their summary, they had available funds of – $1.9 trillion.

  • Contrary to Austin’s comments no quarterly financial statements are available at this time. In fact, it appears the last time a report was filed was FY 2023.
  • According to the FY 2023 audit – the committee found 2,615 corrective issues. The report is quite damning across the board with billions involved.
  • As of FY 2023, the DoD had $3.8 trillion in unverified assets on $4 trillion in liabilities.  Losing $200 billion in the nightmare of unaudited unverified funds.
  • FY 2023, the military awarded $765 billion in contracts for new inventory – Only 61% of contracts are paid for by the DoD…  HHS picks up a portion, Secretary of State picks up a portion.  39% of the DoD expenses are passed thru to other agencies.
  • This is how money disappears from The Pentagon.   More Ponzi mental aberration.

The CIA estimates the inventory of the US military at  – ‘unknown’.  

Increase in Consumer Spending:  This is a value benchmark – therefore when prices increase by 125% this is the fantasy land of increased consumer spending.  Consumer spending has actually contracted which is why retail bankruptcies and scale backs are so prevalent. 

Imports Increased:   This necessity is enforced due to the lack of internal manufacturing and the dependence on cheaper pricing.   Trade deficits continue to be incurred with China, Mexico, Germany,  Vietnam, Japan, South Korea, Ireland, Taiwan, Canada, Italy, India, Malaysia, France, Switzerland, Israel, Saudi Arabia, and the United Kingdom.  Deficits are a direct correlation to the inability to compete due to America’s high cost of production.

This is the economy and the state of America’s financial stability on which our esteemed State Department and DoD intend to go to war with Russia, Iran, the Middle East, North Korea, and anyone else who irks the BOSS.  They are running out of Lies.  

This is the Economy being transferred to a new President.   Debt Clock – $7.2 Trillion spending with $35.84 trillion in debt.  In 1980 the US federal Debt to GDP was 34.7%.  Today it is 122.43%.  

US Federal Government: A Gluttonous Corporation

Posted on by Helena

According to Bankruptcydata, the US had nearly 3800 filings in 2020. The largest sectors were restaurants and construction with oil & gas coming in 5th.  

Between 2019 and 2020 the balance sheet disclosures for the Federal government increased their asset holding by nearly $2 trillion.   In addition, the feds sold an additional $4 trillion in Treasuries.  Between 2009 and 2012, Treasury debt held by the public doubled. By 2020, that debt had doubled again.

The US government does not include oil and gas reserve value or mineral rights to their balance sheet.   In 2013, an article by Time magazine declared that the oil & gas reserves alone were worth $128 trillion.   As the feds move away from oil and move into solar, that intrinsic value would then be $-0-. Not a small hit. Not something they might share.

Since 1995, Federal Reserve assets have increased by 900%.

In 2008, the US Treasury Department created the Supplementary Financing Program whereby the Treasury issues short-term debt and places the proceeds in the Supplementary Financing Account at the Federal Reserve – a nongovernmental organization that is now managing government funds.   So the US government is playing the second, third set of books scenario much like the Mafia while depositing funds into various shells.  It is basically a Ponzi schematic of cooked books.

While not the first government bailout, in the last century 1907 was the first bailout with a current value of $1.9 billion. The Great Depression brought the next bailout which cost taxpayers $440 billion in 2019 dollars. The 1960’s saw the $1.5 billion Lockheed bailout, the 1970’s was the NYC bailout worth $10 billion, 1980 we paid $5.1 billion to bailout Chrysler and between 1986 to 1995 we paid out over $520 billion to cover the S&L crisis.

The 2008 crisis bailout cost $700 billion in toxic assets and $250 billion in bank bailouts. Fannie Mae and Freddie Mac (are these gender racist) were sitting on $4.9 trillion in securities which the federal government seized by paying roughly $200 billion (effectively to themselves) and preferred stock.   The Federal Reserve and Treasury bought 92% of AIG in the bailout while giving them a jump start of $141.8 billion in cash from taxpayers.

Where are these assets?

Given the Federal Reserve is NOT a government organization and the US Treasury is, it is unclear how they could collaborate in this transaction.

So far, the CoVid malfeasance has cost $4 trillion.   The vast majority of the funds were used to buy up corporate debt.   You understand in accounting and legal terms, when you own the debt of a company, it is fairly likely you are the intrinsic owner of the company.   Meaning the federal government owns the debt of multinational corporations, and becomes the priority in payment of interest before dividends to shareholders.

These bailout buyouts meant shares of stocks initially tanked, and the big buyers bought the lows.   In the US it is estimated that 10% of Americans own 84% of the stock market.   Which is why CoVid made the rich richer and the poor poorer. All while American taxpayers fund that wealth.

It is and always has been a shell game gimmick.   Only with CoVid the ante went through the roof and the skyline! Purposefully.   Because the Game For Money – is the Game for Control.

Who is left when the music stops and there is one less chair?

Then there are the accounting gimmicks employed by the federal government that are nonsensical at best.   The government owns 900,000 buildings and 28% of all US land.   All exempt from property taxes.   Upwards of 10% of all buildings are vacant and 40% are under utilized.   Example: A lot and building owned by the Carolina County Airport Authority Board that is leased for 20 years to Boeing Co. for use as a commercial aircraft maintenance shop. The building and lot are still exempt from all property taxes.

Buildings are waylaid and vacant. Crumbling.   The land is valuable; the building is a tear down. Can the government sell?   Answer – maybe, after jumping thru GSA hoops and bureaucratic garbage, a sale might manifest itself in the span of years. Meanwhile it incurs no tax revenue and requires $1.6 million in annual maintenance.

As a finance person, the logic is so corrupt and negligent it begins to appear somewhat purposeful.   The creation of large swathes of wasted spending has one outcome, further depletion of taxpayer wealth. In a corporate situation bankruptcy and reorganization would occur while selling assets and layoff of employees.   In the Federal government the crisis would be met with the formation of a committee, more salaries, hefty budget requests, new offices to evaluate selling the land and building. Milked for a decade.

G7 reveals the next crisis has been already been instituted and created to break the back of the global economies “Climate Crisis”.   While funding for the Crisis will be in the trillions – directed nearly exclusively to initiatives in Africa, at the same time, the oil and gas market is expected to grow by $1.2 trillion between 2020 and 2021 with annual compound growth at 25.5%.   DESPITE the media and government declaring the end of oil & gas.   WHY?   Another elite bubble market wherein crude prices have doubled since the November 2020 election and will continue to do so until the elite have milked the last vestige of wealth from the last vestige of commoners. As in – you and I.

Nothing goes to waste. Not even a fake market shift into a void of climate.

Exactly how much corporate stock and/or corporate shares does the Federal Government hold?  It is like the Vatican – no one really knows!

In ‘the olden’ days, the shift of corporate ownership would be accomplished through nationalization of private companies.   But today, sophisticated accounting deviances allow for distractions wherein that ownership is shifted via different conduits.   And the public is mediatized to be completely oblivious.

What we witness now is the set in motion economic disaster employed by Jimmy Carter, the whiplash of racism employed by Obama, the corrupt Mafioso approach of daddy Bush, the anything goes morality of Clinton, all under the thumb of FDR as he boldly and effectively set in motion the ever expanding gluttonous government.

The Federal Government now employs about as many people as Walmart – only Walmart returns a substantial net profit!

NIH and CDC: Funding Science Fiction via Globalization

Posted on by Helena

NIH has an annual budget of $41.7 billion.   What exactly do American taxpayers get for their money?   Research.   Endless research with little results or changes.   “Science Driven HIV Research”.   Appropriating money for research over the next 7 years – because prior research wasn’t ‘science driven’.   “Experimental Vaccine For Tick Illness Effective in Macaques”.   Crimean Congo Tick Fever infects -0- people in the US annually.   “Commonly Used Antibiotic Shows Promise For Zika”.   There are -0- cases of Zika in the US.   “Decades of NIH Research Lead To Promising Treatment for Progeria”.   Progeria has affected 100 people worldwide since 1886.  

What The Heck?????

The 2020 budget included:   $291 million to support ending the HIV epidemic.   In 2018 the CDC claimed roughly 38,000 people were ‘diagnosed with HIV’ and that roughly 15,000 died from ANY CAUSE and also had an HIV diagnosis.  In other words it could be that -0- people died of HIV – the CDC just doesn’t know for sure.   The CDC can only ‘estimate’ their published numbers because they really don’t have any ‘science driven’ data – only guesses.   For that, we give the CDC $11.1 billion every year.

Despite their Budget labeling HIV as an ‘epidemic’, a paper released by NIH calls the HIV epidemic a pandemic and allocated $375.3 million for the first year to be divided among US and International institutions to conduct research over the next 7 years.

In essence, US taxpayers are paying for the vast majority of ALL global research.

Why?  Because ‘Science’ is part and parcel of the Great RESET.   Science, the theoretical philosophy, has been elevated to god-like proportions of fact and necessity.   The reality is far more devious.   Science is the global money pit.   Through the mazes of NGO’s, our money funds further ‘research’ that produces next to nothing.

Sierra Carter is an assistant psychology professor at Georgia State University. She was given grant money by NIH to study 800 black Americans over a period of 25 years beginning in 1998 – 12 years before she got her BA.   The purpose was to show that black Americans are sicker and die younger than white Americans because of racism.   Self reported questionnaires were utilized to determine stress and racist targeting.   She determined stree from racism was the primary cause of depression that resulted in health issues.

That is the entire extent of the study.   How much did that cost US taxpayers?

According to the very Propagandist Rothschildish outlet, The Economist, the life expectancy for blacks and whites is virtually the same.  Which would negate the entire study.

Within the CDC Budget, $40 million is allocated annually: “To enhance the ability of state, local, and territorial grantee capacity for detecting and responding to infectious diseases and other public health threats.”    I wonder what the states have been doing with this funding?

An additional $51 million is allocated “To improve linkages between the health care system and minority communities with unique social, economic, and cultural circumstances; and change the chronic disease conditions and risk factors in local communities.”

$324 million is spent to improve vaccination infrastructure.   $126 million is used to promote ‘tobacco awareness’ while only $73 million is spent on heart disease prevention efforts. Heart Disease is the leading cause of death in the US among all races.

NIH funding under the insulting title: A Plan For America – allocates $770 million to ‘combat Malaria in Africa’, $310 million for TB programs, and $102.5 million to combat neglected tropical diseases.   For a grand total just under $1.2 billion.   This is not a total number, it is an annual outlay!   Brilliant!

Annual Malaria deaths in the US are estimated by the CDC to be – 5.   TB deaths in the US have remained at a constant of just over 500 since 2007 – of course this is an estimate.  And last I checked, the US has no tropics from which to incur a tropical disease.

It is well past time to negate NIH and CDC federal funding completely and allow all funding to be private.   NGO’s should lose charitable status and be completely taxable entities.   And all the accumulated savings can be remit to the Social Security Fund!

As the US plays down its military presence across the globe having effectively subsidized Germany, and most of the EU for decades, so can our Health Agencies relinquish funding every other countries disease research.

Science has lost ALL incentive to cure anything. Research, endless research is the only means of guaranteeing an income.   And the outcome of the research is likely determined before the research begins – much like election polls.   And within that vein, science is not science at all it is the money pit that absorbs bounties of tax dollars while producing nothing.  

Federal Government – Rocks World Debt and Deficit

Posted on by Helena

According to the World Bank, their total outstanding loans and credit as of 2014 amounted to about $268 billion. The Account Balance of various world economies (sum of net exports, net primary income and net secondary income) showed some troubling statistics. While Germany had the highest positive score of over $290 billion, the US and the UK had the greatest negative figures at about; $390 billion and $174 billion respectively. As in – ‘in the hole’…twalette…

Our finances are a failed state.

And yet the Federal government has a website, welcometousa.gov, in which it purports to tell people how to ‘manage their finances’. Because, of course, they manage ours so well! It talks about the value of saving, how to create a manageable budget, using coupons to buy groceries, it talks about financing your car, your home, scams and scammers, and even how to properly use a credit card. What it doesn’t mention is the National Debt created by the Federal Government in mismanaging our money.

I think I want a refund with compound interest…a class action lawsuit waiting to happen.

Our infrastructure is still a mess, our weapons are outdated, our nuclear weapons are on the fringe waiting to malfunction, corruption is rampant, and healthcare is in the twalette.

“The Constitution gives the federal government the power to print money, declare war, create an army, and make treaties with other nations. Most other powers that are not given to the federal government in the Constitution belong to the states.”

IF our esteemed Constitution only allows the Federal Government the right to ‘Declare War’ and makes no mention of indiscriminate bombing, then would our government be in violation of our Constitution when we bomb Syria, Iraq, Yemen, Sudan, Somalia and every other country where we have attempted to initiate coups? While the Feds have the power to make Treaties – as in arbitrating a win/win solution, it appears there is no Constitutional authority to bomb other countries when we are not at war. Not only has the US failed to designate Syria, Iraq or Yemen as a country at war, we can’t even declare war on ISIS.

After 9-11, Congress passed the “Authorization for Use of Military Force’. It established the limited right to defend our country against ISIL and any associated persons or forces with a stated termination date of three years after the enactment which would have been 2004, and repealed the authority to act against Iraq. It required a re-authorization for the AUMF to remain in effect after the three year period. Has it actually been re-authorized?

It would appear not as Congress has been arguing over provisional changes for over three years – well past the deadline.

But the Federal government has stretched its arms to such grandiose lengths that its powers far, far exceed anything the Constitution might have anticipated from; healthcare to welfare, to pensions, to transportation, to so many laws that no one even knows how many! Estimates state that there are over 20,000 laws pertaining to gun ownership alone! And perhaps over 300,000 laws on the Fed books – many out dated, many ridiculous.

A few of the more absurd include:

  1. It is a crime to harass a golfer on any national park in Washington, DC.
  2. It is a federal crime to allow your pet to make any noise in a national park that might scare the wildlife…
  3. It is a crime to ride a moped into Fort Stewart unless you are wearing long trousers.
  4. It is a federal crime to skateboard at NIH.
  5. It is a federal crime to say something so annoying to another person that they are forced to hit you while in a national forest.
  6. It is a federal crime to attempt to change the weather without first notifying the Secretary of Commerce.

I wonder how much time and money is spent making these laws, some estimates state that nearly 900 new laws were passed just last year…  Maybe that’s why Congress isn’t doing anything else productive…

While China is spending hords of money on its infrastructure, the US is spending hords of money fighting an organization that we are not ‘at war with’ in multiple countries that don’t want us there.

While Russia is reconfiguring it’s economy and boosting the manufacture of war planes and weapons, the US is depleting it’s entire inventory and scrubbing projects after spending billions while arguing whether new spending is necessary…

While Cuba now boasts some of the best doctors in the world who work to cure as opposed to medicate, the US has poured billions into a failed healthcare system that is bankrupting the government and the people at the same time.

While the US continues to frack for more and more oil when the market has tanked, Saudi Arabia is going for Mecca tourism revenue setting up booths and stores including the likes of Paris Hilton boutiques, and stands to make more revenue on this trade than oil ever created.

Who is a better money manager?