Media Pundits are calling for an audit of the Federal Government. As a former CPA, I can assure you that at this point, such a brainstorm is laughable. By the time an audit was finished in 2035 It would have no value. The government isn’t even sure how many agencies and subagencies it operates and funds – much less how much is spent. The Pentagon lost $3 trillion before 9-11. USAID gives away money like Skittles. And the flow of government NGO funding is thru a maize of offshore entities, foreign entities, and more anonymous middlemen than a New York Times article!
Yet somehow, our esteemed liberal loonies have claimed to track down $5.6 million that was paid to Trump hotels for conventions, parties, and vacations that is deemed ‘foreign interference’’. The deflection from Joe and Hunter Biden’s escapades and their mélange of friends, family and associate Big Guy partnerships – is lame duck. None of which will make it to a DOJ court before the 2024 election.
- Hunter did not declare the ‘income’, the investments, or Joey’s involvement. He filed false tax returns, lied in alimony court, and funneled untaxable money to family members illegally. By contrast, Trump’s legitimate hotel businesses simply made money and reported it correctly.
- The Biden’s were taking money for pay-for-play bribes, as opposed to legitimate business dealings. The SPIN is Trump’s ‘greed’.
Yet, still the focus is on a few million while the Pentagon manufactures fake books, maintains black books, upholds cash bribes, and funds mercenaries while trying to claim it is all miscellaneous expenses in order to balance the Balance Sheet. Which is NOT within the limits of Accounting regulations. It would take another 10 years for an Economic Major DOJ to figure out what the audit meant and another 10 years to figure out what to do!!!
The only way to Balance The Pentagon budget would be to wipe it clean and start from scratch. Fire 70% of the administrative employees and hire some brainiacs to monitor expenditures. Not just of The Pentagon but of every agency. Financials would be due by February 28th and subject to penalties, interest and possible jail for deviations. No funding until the books are uncooked.
The fact that government has been allowed to skate the same requirements imposed on those taxpayers funding them, is beginning to find sure footing by The People.
As Haley’s popularity fails among anyone other than democrats and rhino’s, Obama is looking to call it a fold for Biden sometime in May so as to insert Big Mike. Such a move would solidify the anti-white genocide and ramp it into hypersonic mode. It would also drive the US significantly closer to a civil war. All of which is designed to RESET the $40 trillion in debt that the US can never reduce or pay! But would ALSO destroy the accumulated wealth of the elite as their properties would be targeted.
Just in time, the GDP rate has been released by the White House which claims the US rose at a level 3.3% rate for 2023. Yeahhhhh. Apparently, GDP rose 5% in Q1, 3.7% in Q2, and 2% in Q3 & Q4. There are two drivers affecting GDP; government spending and government spending. Personal ‘spending’ was hiked by price increases and inflation. Exports were virtually flat. Employment continues to be inflated by BLS to the tune of 30% to 60% compared to Automatic Data Processing. But no one seems to notice or care – because the government would never ever lie – pinky swear.
Listening to media entertainer pundits crying for a federal audit would be like giving a bunch of lawyers the power to run Congress. Oh wait. And Nikki Haley’s degree in Accounting ain’t gonna cut it, anymore than 3 semesters of Law makes me a lawyer. I digress.
The Budget Deficit for 2023 was anywhere between $1.5 trillion and $2.6 trillion – according to who is doing the common core math. They Are NOT SURE! Receipts for 2023 were $4.4 trillion. In a corporate world that would mean the Net Loss was between 34% and 59% of revenue. Would you invest in that company? Japan and China continue to hold the largest percentage of US Debt at 25%, However, China has been steadily selling off US Treasuries due to their increasing insecurity.
The value of US Dollars fluctuates with trade. Thus Treasuries somewhat parallel the value status. All are pegged to the perception of an Empire. As sanctions and wars and instability continue to reign, countries decouple from the US dollar based on economic uncertainty. and sell off Treasuries.
In 1944, the same FDR Reign of economic destruction called The New Deal initiated the Bretton Woods Agreement No Agreement wherein the US dollar was pegged as the world’s reserve currency – by the US government. As a direct result, the amount of US dollars in circulation rose from roughly $5 billion in 1940 to roughly $30 billion in 1950 – an increase of 600%. How? Printing Money. Today, that printed money amounts to $2.34 trillion.
Raising interest rates does not reduce the amount of currency in circulation – it simply slows the increase of NEW currency. A stagflation.
The 2023 Federal Reserve Financial Statements (unaudited) show unrealized losses of $800 billion Treasury Securities, and $510 billion in commercial and residential properties. The entire Balance Sheet of the Federal Reserve is based primarily on issued securities, ie T-Bills, bonds, Mortgage backed securities, etc. If the market tanks, if the dollar falls, the Federal Reserve valuations and solvency tank. Yet the debt remains.
To deflect from the absolute gross mismanagement of US Taxpayer’s money, the only respite is a do-over via a digital currency. An allusion of valueless money. But this solution is the only way they know to bury the $40 trillion debt. Because US Taxpayers are on the hook for a whopping 75% – only 25% of US debt is now foreign owned.
But somehow, an audit will solve this in the minion minds of ‘lawyers’. Or a Flat Tax, another non-solution that has been attempted and tabled for at least 60 years. The Pentagon’s solution was to blow up the evidence via the Twin Towers. And POOF – $3.4 trillion was never discussed again.
This is what happens when lawyers with zero business acumen think they can run a country store – much less a state or country. These are the stalwarts of the WEF and WH shadows that want to run the GLOBE – They can’t even run a farking candy machine of skittles and make a profit.
SCRRRAAPPPEEE. Congress, the system, and start over. The ONLY way means – they all get ‘fired’. It means ramping up TRADE by eliminating sanctions and ending all wars tomorrow. It means confiscating the wealth earned to create the debt. It means no more lawyers in Congress. It means scrapping pensions in government with the exception of the Military. It means Generals have to earn MBA’s. And of course, it means no aid, grants, or charity to anyone. SCRAPE!