Declassified UFO / UAP Document

DOD and HUD $21 Trillion Missing Money: Report & Supporting Documentation

🏛 Solari, Inc. 📄 reference_document

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AI-Generated Summary

TL;DR

This document compiles research on $21 trillion in unsupported financial adjustments at the DOD and HUD, arguing that new accounting standards allow the government to hide expenditures under the guise of national security. It documents the removal of public access to key financial reports and criticizes the resulting lack of transparency in federal financial reporting.

This document, compiled by Solari, Inc., serves as a repository of reports and supporting documentation regarding $21 trillion in unsupported journal voucher adjustments identified within the financial statements of the U.S. Department of Defense (DOD) and the Department of Housing and Urban Development (HUD). The core of the document is based on research by Dr. Mark Skidmore, a professor of economics at Michigan State University, and analysis by Catherine Austin Fitts. The document details a timeline of events starting in September 2017, when an interview with Dr. Skidmore was published, through subsequent updates in 2018, 2019, and 2020. A significant portion of the document focuses on the removal and subsequent reposting of key OIG documents on government websites, which the authors interpret as a purposeful effort to limit public access to information. Furthermore, the document highlights a major policy shift following the Pentagon's announcement of an independent audit. It reports that the government accepted recommendations from the Federal Accounting Standards Advisory Board (FASAB), specifically the Statement of Federal Financial Accounting Standards 56. The authors argue that this policy allows government officials to misstate and move funds to hide expenditures under the guise of national security, effectively institutionalizing non-transparency and rendering independent audits impossible. The document concludes that this change represents a departure from Generally Accepted Accounting Principles (GAAP) and suggests that the federal government will now maintain two sets of books: one for public consumption and one that is hidden. The document provides extensive tables listing DOD and HUD financial documents from 1998 to 2015, noting that many links were disabled or moved, and provides a list of original sources and FOIA-related materials.

No one but those few people would ever know that expenditures on activity A are hidden in completely different area of government. What good is an independent audit if authorities are allowed to move expenditures around with no transparency?

Official Assessment

The document highlights concerns regarding $21 trillion in unsupported journal voucher adjustments within the Department of Defense and the Department of Housing and Urban Development. It notes that government officials accepted recommendations from the Federal Accounting Standards Advisory Board (FASAB) allowing for the misstatement and movement of funds for national security purposes, which the authors argue undermines transparency and the ability to conduct independent audits.

Key Persons