Article;
Estimate $3.3 Trillion
Missing From U.S. Treasury

By Buddy Grizzard

While Americans worry about the disastrous
effects on our economy of the accounting
scandals at Enron, WorldCom and elsewhere, an
even larger accounting scandal has somehow
escaped the public consciousness. According to
estimates, the Department of Defense and the
Department of Housing and Urban Development
cannot account for over $3 trillion allotted to
them by Congress, amounting to thousands of
dollars of missing money for every man, woman
and child in the country.

This story hasn' gone completely unreported. In a
Jan. 29 article titled "The War on Waste," CBS
News quoted Secretary of Defense Donald
Rumsfeld as saying, "according to some
estimates we cannot track $2.3 trillion in
transactions." The article went on to quote
retired Vice Admiral Jack Shanahan, former
commander of the Navy's 2nd Fleet, as saying
that while President George W. Bush's 2003
budget proposal calls for $48 billion in new
Pentagon spending, "with good financial
oversight we could find $48 billion in loose
change in that building, without having to hit the
taxpayers."

One of the most knowledgeable and effective
critics of this epidemic of fiscal mismanagement
by our government is Catherine Austin Fitts,
former managing director of Wall Street
investment bank Dillon, Read and former HUD
assistant secretary in the first Bush
administration. At HUD, Fitts worked to improve
accounting practices before leaving the
government to start Hamilton Securities, a firm
which saved taxpayers billions by efficiently
handling HUD mortgages. Now a resident of
Hickory Valley, Tenn., and president of Solari,
Inc., a community-based investment firm, Fitts
writes in her article "The Missing Money Why the
Citizens of Tennessee Are Working Harder and
Getting Less"

"In June 2001 the Senate Governmental Affairs
Committee, under the leadership of Senator Fred
Thompson (R- Tenn.), published its study,
"Government at the Brink." The study describes
the failure of federal government agencies to
maintain reliable financial systems and/or to
publish required independent annual audited
financial statements. The President's initial 2002
budget (before increases for 9/11) proposed that
approximately 85% of all federal appropriations
be awarded to the very same agencies the
Thompson study states either (1) fail to maintain
reliable financial systems, (2) fail to publish
trustworthy or, in some cases, any, independent
certified financial statements (as required by
law), or both." (Source Solari.com)

Later in that same article, Fitts's estimates of
total financial adjustments by DOD to date make
the story even worse. "Total undocumented
accounting adjustments for reported periods for
the Department of Defense [and HUD for fiscal
1998-2000] amount to a whopping $3.3 trillion, or
$11,700 for every American. The Department of
Defense has failed to produce independent
audited financial statements since the
requirement went into effect in 1995. HUD's
Inspector General refused to certify HUD's fiscal
1999 financial statements."

Fitts added in an interview by email that the HUD
inspector also cited $59 billion missing from HUD
for fiscal 1999, but said that this is only the tip of
the iceberg of mismanagement at HUD. "That
report also indicated $17 billion missing from the
opening balance; so that would be for fiscal
1998," said Fitts. "My understanding was that the
$59 billion only referred to undocumented
adjustments on the liabilities side of the balance
sheet, and in fact the problems were greater on
the asset side. HUD refused to disclose the
undocumentable adjustments for fiscal 2000."

Investigative reporter Kelly Patricia O'Meara
wrote about the scandal in the Aug. 10, 2001
issue of Insight Magazine. She quoted DOD
Deputy Inspector General Robert Lieberman
making the following remark before Congress
"The extensive DOD efforts to compile and audit
the FY [fiscal year] 2000 financial statements for
the department as a whole and for the 10
subsidiary reporting entities like the Army, Navy
and Air Force General Funds, could not
overcome the impediments caused by poor
systems and unreliable documentation of
transactions and assets." (Source
InsightMag.com)

O'Meara's article also quoted the January 2001
report "DOD Major Management Challenges and
Program Risks" by the General Accounting Office
(GAO), the investigative arm of Congress, saying
"[The Pentagon] continues to confront pervasive
and complex financial management problemsâ¤
and has been on our list of high-risk areas
vulnerable to waste, fraud, abuse and
mismanagement since 1995. To date, no major
part of the department's operations has passed
the test of an independent financial audit
because of pervasive weaknesses in the
department's financial management systems,
operations and controls."

An additional problem with making the Pentagon
fiscally accountable was exposed in a July 22,
1999 article in the New York Times by Tim Weiner,
titled "Pentagon Defied Laws and Misused
Funds, Panel Reports." Wrote Weiner "Congress
says in a new report that the Pentagon defied the
law and the Constitution by spending hundreds
of millions of dollars on military projects that
lawmakers never approved." Weiner quoted
Rep. Jerry Lewis (R- Cal.) as saying that the
Pentagon apparently believes "that it can even
move money to a program Congress has closed
down, maybe presuming, 'Oh, well, nobody will
know.'"

"The Constitution is pretty clear on this,"
continued Lewis later in the article. "It says 'No
money shall be drawn from the Treasury but in
consequence of appropriations made by law.'"
Added Weiner "The law and Pentagon
procedures allow military officials to shift funds
from one account to another, but not without
telling Congress. They cannot finance programs
Congress never approved, or use money for a
purpose that lawmakers never intended. But
they have done so for years, the committee's
report and its staff members said." So what is
being done to improve the accounting practices
in the Pentagon?

According to Fitts and an April 18 item in the
Potomac Tech Journal, the company credited
with the $59 billion loss at HUD has been
awarded the contract to redesign DoD's current
business processes. Wrote Taylor Lincoln for the
Potomac Tech Journal "Potomac-area firms
American Management Systems and DynCorp
have won slices of a $50 million to $100 million
Defense Department financial management
project for which IBM Corp. is the lead
contractor, Fairfax, Va.-based AMS said today."
AMS, along with subcontractors DynCorp and
Lockheed, developed the faulty "HUDCAPS"
financial software used by HUD.

It remains to be seen whether AMS and its
partners will recover the missing money by
installing new financial architecture for the
Pentagon, or whether the missing money will be
written off due to faults in the older system.
However, Fitts says there are possible avenues
through which we might recover the missing
funds. "We need to identify where it went and
get it back," said Fitts, "either through seizures
or the creation of set aside claims. Unless we do
so, we will find ourselves at the mercy of a group
of creditors who are our creditors because they
are financing us with the money they stole from
our public and private pension funds."

Fitts⤠writings on the subject indicate she has
little confidence in our government's ability to
correct itself, without a complete overhaul of the
way funds are collected and appropriated in this
country. "I believe that the only way to ensure
fiscal accountability is to create legal and/or trust
or escrow mechanisms at the state and local
level to condition payment of tax monies on
compliance with the law," said Fitts. "The federal
government is breaking the law as a matter of
intentional ongoing policy. At this point, there
needs to be a way to place sufficient control on
the cash payments to require compliance with
the law."

As Americans watch their 401-K programs
evaporate in the current economy, and wonder if
Social Security will be there for them when they
retire, it seems that another cause for grave
concern has arisen due to our government's lack
of financial transparency and responsibility.
Warning;







Proof that Arnie is a Nazi.
Take a close look at Arnold's belt buckle. This is an
out rage! My dear dead dad is rolling in his grave
right now after fighting Nazis in world war two!

Right click on picture to enlarge

Arnold's father was a hardcore Nazi storm trooper,
his mother married two Nazi's.

Here is more info on Arnie and other Nazis in our
government.   Click on link below
http://www.commondreams.org/views03/1006-08.ht
m
Article;
Stop Blackwater

Remember the bill passed just before the
November elections to fund the military? ("John
Warner National Defense Authorization Act for
Fiscal Year 2007" (H.R. 5122)) Well, hidden in that
bill are provisions that seriously weaken two
bulwarks of liberty--the Posse Comitatus Act and
the Insurrection Act of 1807--by expanding the
power of the president to declare martial law and
use troops as a domestic police force in
response to a "public emergency" or any "other
condition". Blackwater troops (which were
deployed domestically in New Orleans after
Hurricane Katrina) or other private mercenary
and paramilitary forces pose a severe threat to
the civil liberties of the American people and
now could be deployed to quell public dissent,
put down popular uprisings, or even to stop
opposing points of view through intimidation or
outright force.

These are bases of an invading force that is bent
on stealing our country from us, right under our
noses! CONNECT THE DOTS!
Watch Out
for Falling Rocks.








Rocks crush every thing in there path as
they tumble down the mountain sides in
the rugged southwestern county of
Beichuan, where at least 5,000 people
have died as a result of the earthquake
on Monday May 12.
Click here for more details!
Article;
When Free Speech
Doesn't Come Free
Remi Kanazi

Free speech is not without consequence. In the
United States, for example, criticism of Israel is
tantamount to heresy.

Former US President Jimmy Carter felt a societal
backlash last year after the release of his book,
Palestine: Peace Not Apartheid, which condemned
Israel’s apartheid-style policies in the occupied
Palestinian territories. Consequently, and without
foundation, Carter was branded by many in the
American press as a one-sided, anti-Semitic
propagandist. Similarly, Harvard professor
Stephen Walt and University of Chicago professor
John Mearsheimer were lambasted for a paper the
two co-authored that discussed the power of the
Israel lobby and its adverse effect on American
policy. Additionally, Norman Finkelstein, an
esteemed professor at Depaul University and
author of the bestselling book, The Holocaust
Industry, witnessed a McCarthyite-style campaign
mounted against him when he came up for tenure.
Finkelstein, the son of Holocaust survivors, has
been an outspoken critic of Israel’s human rights
abuses and of pro-Israel apologist and Harvard
professor, Alan Dershowitz. Predictably, it was
Dershowitz who led the anti-tenure campaign
against him; ultimately, Finkelstein was not only
denied tenure, but he lost his job at Depaul.

The attacks against Carter, Finkelstein, Walt and
Mearsheimer serve as a few well-known examples
of the consequences writers and intellectuals face
when they breach the line and criticize Israel.
Furthermore, the condemnation writers and
intellectuals of Arab descent face are invariably
higher than Jews of conscience, former
presidents, and highly regarded academics. As a
result, many writers often acquiesce to the
demands of the mainstream. Their self-censorship
usually appears in the form of "toning down the
message," be it to please editors or critics—
essentially to conform to the reality of purported
pragmatism. Yet, this "pragmatism" is a
euphemism for acceptance of a repressive status
quo and is analogous to the "necessary" practical
thinking that silenced a multitude of commentators
during the Oslo years - the supposed time of
peace. Unsurprisingly, untold Palestinian suffering
followed as a result of increased settlement
expansion, land confiscation, checkpoints and
seizures, and the ultimate failure of Camp David
2000.

Shying away from perceived controversial matters
may help to protect a mainstream career, but the
intent of a political analyst should not be to
produce works of fiction. The vast majority of
Americans weren’t open to criticism of US policy
during the run-up to the war on Iraq, mainly due to
the media’s complicity in promoting the war, but
criticism was still the appropriate course of action
based on the facts, and Americans would have
been better off for it today.

A man who combined principle, activism, and
human appeal quite masterfully was distinguished
educator and commentator, Edward Said. In the
realm of academia and Middle East analysis, Said
was by no means viewed as the quintessential
radical. Nonetheless, his positions were radical
when juxtaposed with "conventional wisdom": he
was a proponent of the one-state solution, an
unwavering critic of the Israeli government, and
an ardent supporter of the ostensibly
controversial right of return. Said was still heavily
criticized throughout his career and endured
incessant attacks by his detractors, yet his
accessible personality and articulate message
kept him relevant.

Sadly, Said’s relative acceptance has been the
exception rather than the rule. In recent years,
there has been increased emphasis on putative
pragmatic dialogue. However, this accentuation on
so-called rational and balanced thinking has
proven to be little more than a sinister means to
pressure the oppressed to accept the position of
the oppressor. The greatest leaders of the last
hundred years didn’t shy away from controversy;
they remained persistent, and saw their visions
brought to fruition; be they Martin Luther King,
Nelson Mandela, or Mahatma Gandhi.
Nevertheless, one cannot overlook that even
paramount figures have been castigated for
"overstepping" their boundaries, namely Martin
Luther King who was chided for speaking out
against the war in Vietnam, imperialism, and social
injustices that plagued the US.

This week, Palestinians across the US
commemorated 60 years of displacement. Yet, the
lens the Palestinian people are expected to look
through under the pragmatist vision is one that
sees a dispossessed people as necessary victims
for a righteous state to take form. Unfortunately,
waves of writers and commentators continue to
adopt this line in fear of retribution, in exchange
for nicer houses and comfortable livings, or a
combination of both. That is their free will. Free
speech is not without consequence. Nonetheless,
losing piece of mind is the only repercussion a
writer should fear.

-Remi Kanazi is the editor of the forthcoming
anthology of poetry, Poets For Palestine, which
can be pre-ordered at www.PoetsForPalestine.
com. He contributed this article to
PalestineChronicle.com. Contact him at:
remroum@gmail.com.
Article;
Blue Beam Project
A Simulated "Second Coming" and the
Reemergence of New "MONTAUK" Type
Projects
What is the Blue Beam Project?
by David Openheimer
zianet@interserv.com
It involves two things. A technologically
simulated "second coming" and the
reemmrgence of new "MONTAUK" type
projects that have the ability to take up a
whole bunch of people as in a "rapture"
type of situation and whisk the whole
bunch into never-never land. Ironically,
portions of the holographic projections
have the potential for changing the
planet into oneness with God.
Unfortunately, this operates on the
premise that Man shall somehow become
God in human form and control other
Men and dictate all actions and thoughts.
The calculated resistance to the new
religion, the New World Order and the
new "Messiah" will entail human loss on
a massive scale in the ensuing "holy
wars".The "BLUE BEAM PROJECT" will
pretend to be the universal fulfillment of
the prophecies of old; as major an event
as that which took place 2000 years ago.
In principle, it will make use of the sky as
a holographic projection screen for
space-based laser-generating satellites
(star wars). These projectors will project
simultaneous images to the four corners
of the planet, in every language by
region. It deals with the religious aspect
of the NEW WORLD ORDER.
Read full story here!
Article;
Contrails And The Dark Side
By Rusty Rockets
By now we're all familiar with global
warming and its predicted
consequences, even to the extent where
people are finally listening to longtime
environmentalist Al Gore! But in order to
curb global warming it's likely that there'll
be a number of lifestyle sacrifices we'll
need to make. Arguably, one of the most
inconvenient of these would be air
travel. Jets certainly pump out their fair
share of greenhouse emissions, which
would be reason enough to consider
cutting back air travel, but jets add to
global warming in yet another way. In
case you haven't heard, the long trails of
condensation known as "contrails"
emitted by jet airliners are now
considered to be a significant factor in
global warming. Furthermore, a group of
UK meteorologists recently found that
night flights make contrail troubles
considerably worse. With airlines
expected to continue expanding their
routes and increasing frequencies of
flights; what can be done to make airline
travel greener?

While floating peacefully high above the
Earth's surface, shuttle astronaut Dr.
Fred W. Leslie says that he "remembers
seeing contrails stretched across the
planet." Australian astronaut Andy
Thomas also considered contrails one of
the planet's most striking features. "One
of the most readily visible signs of
human presence is the occurrence of
contrails from aircraft in the upper
atmosphere. They are very long lasting,
and can be seen over virtually all parts of
the world... radiating out from cities, like
spokes in a wheel," recalls Thomas.

A study conducted by Dr. Andrew M.
Carleton, a professor of geography, and
climatologist Dr. David Travis, observed
anomalous changes in temperature
during the unprecedented grounding of
all aircraft after the 9/11 attacks. The
researcher's analysis of temperature
anomalies during the period September
11-14, 2001, clearly suggest serious
implications in regard to global warming.
"We show that there was an anomalous
increase in the average diurnal
temperature range for the period
September 11-14, 2001, explained the
paper, published in Nature. "Because
persisting contrails can reduce the
transfer of both incoming solar and
outgoing infrared radiation and so
reduce the daily temperature range, we
attribute at least a portion of this anomaly
to the absence of contrail," they added.

Like clouds, the ice crystals in contrails
shield the Earth's surface from the sun's
radiation during the day, and keep the
heat in at night. In this way, contrails
have reduced daytime temperatures and
increased nighttime temperatures. Some
researchers have argued that contrails
(and also pollutants in clouds) have
masked the full effects of global warming
thanks to a phenomenon known as global
dimming. On the face of it, global
dimming sounds helpful, but it only
makes the situation more complex. Last
year, another study claimed that global
dimming had actually ceased, and that we
are now in an era of global brightening;
perhaps, the authors suggest, because
of changes in the number and
composition of aerosols. It seems we
can't win, as cleaning up the
environment means that we may be
subjected to the full effects of global
warming, while not doing anything will
continue to make our dismal predicament
progressively worse. If you're stumped
by this vexing conundrum, don't be.
Meteorologists at the University of
Reading, in southern England, have
made some observations about contrails
that show why getting rid of them is the
better option.

Their paper in Nature claims that
contrails will play a significant role in
global warming as airlines continue to
expand their businesses. The Reading
team, led by Nicola Stuber, found that
night flights contribute to climate change
far more than day flights. It's a surprising
result, according to the researchers, as
night flights only account for 22 percent
of Britain's annual air travel, but
contribute to approximately 60-80
percent of the greenhouse effect
attributed to contrails. "Flights during
the nighttime are responsible for at least
60 percent of the climate warming
associated with contrails, that's
condensation trails, over the UK," said
Stuber. But if contrails are merely
amplifying the effects of clouds in regard
to temperature regulation, intuitively
you'd imagine that there would still be a
balance maintained. But according to
Stuber, it doesn't work that way. "The
problem is that contrails during the day
reflect some solar radiation back into
space, and that leaves us with a cooling
effect on Earth. Then, during the daytime
and during the night time, they enhance
the natural greenhouse effect of the
atmosphere. So the problem is, at night
time, you no longer have sunshine, so
they no can longer reflect solar radiation,
so the greenhouse effect of the contrails
is no longer balanced. That's why a small
proportion of flights have a large impact
on the daily average climate warming
effect," explains Stuber. So, what can be
done?

"Rescheduling flights would certainly be
one measure to think about if policy
makers decided to reduce aviation,
reduce climate change," suggests
Stuber. Less night flights? Those cheap,
red-eye specials considered an airline's
bread-and-butter? Not likely! Add to this
the fact that a 2005 European-wide
investigation into contrails, conducted by
the Imperial College London, discovered
that contrails were not even factored
into government assessments of the
environment.

One way of reducing the occurrence of
contrails suggested by the Imperial
College investigation was to have planes
fly at altitudes where contrails won't
form. Pilots could drop slightly to these
contrail-free altitudes when software
detects that the plane is forming
contrails. But the investigation also
noted that lower altitudes mean slower
speeds, which represents yet another
unpalatable solution for commercial
airlines.

The Imperial College team suggest that
much of the responsibility for finding
ways to reduce contrail formation rests
with aircraft manufacturers. "There is
little more that aircraft designers can do
to increase engine fuel efficiency at high
altitude, but designing new aircraft that
can be as fuel efficient flying at 20,000
feet, as today's aircraft are at 35,000 feet,
would help eliminate contrails."

Others believe that there are more
clandestine measures available to fix the
problem of contrail formation, but claim
that the technology is a military secret.
The B-2 bomber is a stealth aircraft, so it
needs to leave as little trace of its
presence as possible, which is why it
allegedly leaves no contrails. How is this
possible? In 2000, Air International
magazine published an article about the
B-2, and explained how it was that the
B-2 didn't produce contrails. "As for
elimination of contrails (normally a
giveaway, even for a stealth aircraft), the
USAF said chlorofluorosulphonic acid
was injected into the jets to eliminate
contrails." But the USAF later told
reporters that it was done by "regulating
exhaust temperatures." Air International
considered this "nonsense," because:
"contrails are ice crystals from water
vapor left when hydrocarbon fuel is
burned, and can never be eliminated by
'regulating exhaust temperatures.'"

Guesswork and denials aside, one
commentator believes he can explain
contrail-less military aircraft. David
Hambling, author of Weapons Grade,
says that the technology for reducing
contrails has been available for some
time. He refers to a technology called
"plasma aerodynamics," that was first
developed and researched by the
Russians. The interest shown in plasma
aerodynamics by military agencies
worldwide lies in its alleged stealth
capability. "The USAF appears to have
been using plasma aerodynamics for
decades. The Russians certainly know all
about it, as does anyone who has bought
the technology off them," says Hambling.
"According to the patents, it has
additional benefits too - it can muffle the
noise produced by engines as well as
preventing contrails from forming. The
only people not enjoying its benefits are
the civilian taxpayers who funded it in
the first place."

I guess we'll just have to wait and see
whether military agencies and
governments consider global warming a
big enough - or real enough - threat to
our planet's future for them to disclose
their coveted technology. Aircraft
manufacturers are certainly key players
in all this, but they are only effective as
long as they can make new
environmentally sound planes financially
attractive to airlines (government
subsidy, perhaps?). There are the
allegedly contrail free High-Speed Civil
Transport (HSCT) planes designed by
NASA to look forward to, but who knows
when that will become viable, and what
new environmental problems they'll bring
as baggage. Failing all that, we'll have to
wait for commercial airlines to take the
initiative and reduce or stop night flights;
I'm not holding my breath though.
Thank You for visiting....
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Article:
Was That Nuclear-Armed B-52
Destined for Iran?
Submitted by dlindorff
There’s something definitely screwy about the
August 30 incident in which a B-52 bomber flew
from Minot AFB in North Dakota to Barksdale AFB
in Louisiana carrying five fully armed Advanced
Cruise Missiles, each equipped with nuclear
bombs capable of exploding at anything from 5
kilotons to 150 kilotons.

The government has been quick to say that the
flight, which violated a number of long-standing
orders regarding shipment of nuclear weapons in
US airspace, was a “mistake.”

But was it a mistake?  
Read More Here!
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