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$21 Trillion in Missing Money Could Trigger Meltdown – Dr. Mark Skidmore

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

About two years ago, Michigan State Economics Professor Mark Skidmore revealed there was $21 trillion in what he calls “missing money” from the Department of Defense (DOD) and Housing and Urban Development (HUD). This was a stunning revelation and the biggest auditing discovery in the history of accounting. Dr. Skidmore, who is an expert in public finance, along with a team of academics, used publicly available government accounting reports and revealed their results in late 2017.   In the accounting world, this is like discovering the “God Particle” or discovering a cure for cancer, and, yet, academia is largely silent and ignoring this discovery by Dr. Skidmore and his team. Dr. Skidmore explains, “It’s been pretty quiet. A few people have contacted me. . . . I have asked for professional opinion and have offered to pay for it, and I had one conversation and he never responded again. . . . Similarly, I have done that with other academics to work on this issue. (more…)

MSM Covers Up $21 Trillion Historic Government Fraud – Dr. Mark Skidmore

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Michigan State Economics Professor Mark Skidmore has revealed there was $21 trillion in what he calls “missing money” from the Department of Defense (DOD) and Housing and Urban Development (HUD). He and a team of academics used publicly available government accounting reports and revealed their results in late 2017. Now, the mainstream media (MSM) has picked up the story. Instead of sounding the alarm to the public, the MSM says it’s basically all a big mistake and is discounting the biggest accounting fraud in the U.S. government history. Is the MSM trying to cover up and kill this story? Dr. Skidmore says, “They are trying to kill this story, but I don’t think they have killed this story. . . . Basically, what they said was this was just all ‘plugs’ and there is a mix-up in the transactions. It’s really not that big of a deal. They did say it was $21 trillion in transactions that cannot be verified, but discounted it fully.”

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Entire Federal Budget Now National Security Secret – Dr. Mark Skidmore

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Michigan State Economics Professor Mark Skidmore made a stunning discovery late last year. Using publicly available government accounting reports, he revealed there was $21 trillion in what he calls “missing money” from the Department of Defense (DOD) and Housing and Urban Development (HUD). The data he used has been scrubbed, all accounting records are heavily redacted and now the federal government has declared its accounting falls under “national security.” Dr. Skidmore can no longer get the government to respond. Dr. Skidmore explains, “At this point, they are no longer responding to any of my inquiries. They are just not answering, and that is very astounding . . . and you can go on and look at the report yourself and see all of it blacked out. I actually lost sleep over that. That really bothered me. . . . Now, they are not even using standard accounting financial reporting rules. They are just moving things around and not telling anybody. So, first, all of this stuff is hidden because it is a national security issue, and now they are just changing the accounting standards. I would ask is that constitutional? I don’t think so. Does it match any of our financial reporting laws? I don’t think so. I am not sure what gives the government the authority to make that decision, and, yet, it’s happening.”

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Missing $21 Trillion Means Federal Government Is Lawless – Dr. Mark Skidmore

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Michigan State University economics professor Mark Skidmore made an astounding discovery about the finances and budgets of the U.S. federal government earlier this year. He and a team of graduate students discovered $21 trillion missing in the federal budget going back to 1998.  Dr. Skidmore, who specializes in public finance, explains, “We know from official government sources that indicate $21 trillion is, in some way, unaccounted for.  Furthermore, if we come back to the Constitution, all spending needs to be authorized by Congress.  It looks to me, and I think I can conclude with a high degree of certainty, there is money flowing in, as well as out, that is unaccounted for. . . . That’s the one thing we know from these documents, that there is $21 trillion in unaccounted funds.”

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Putin Predicting US Dollar Collapse is Serious Warning – Catherine Austin Fitts

By Greg Hunter’s USAWatchdog.com

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts thinks Vladimir Putin saying “the dollar is going to collapse soon” is a flashing warning for the U.S. dollar’s value in the not-so-distant future. Fitts explains, “What Putin is saying is the dollar is going into a steep decline, and what was interesting about his comment is he said ‘soon.’ . . . What is the ability of the U.S. military versus the Russian or Chinese military to defend the dollar’s position? That is intelligence that Putin has, and because Putin has this intelligence, people really stood up and I really stood up and took notice. If Putin has access to that intelligence, and I don’t, which is saying the dollar could go into a deep decline, we need to take a serious look at it. The dollar is clearly under pressure, and if you look at reserves, the central banks are buying gold and selling dollars, including the Russians and Chinese.”

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MSM Propaganda Not News, Biden Troubles, Economic Update

By Greg Hunter’s USAWatchdog.com (WNW 411 11.22.19)

The mainstream media (MSM) has now gotten to the point that it cannot tell the truth, even though testimony in the Impeachment Coup 2.0 has not offered a single impeachable act by President Trump. Instead, the MSM reports Trump took bribes, when Congressional testimony says just the opposite. The MSM will never recover from being a propaganda arm of the Deep State and the Democrat Party.

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$21 Trillion Missing Biggest Story on Planet – Rob Kirby

By Greg Hunter’s USAWatchdog.com 

Macroeconomic analyst Rob Kirby says you may not be hearing much about it from the globalist controlled propaganda of the mainstream media (MSM), but the “$21 trillion in ‘missing’ U.S. federal money is still the biggest story on the planet.” Kirby contends, “It’s the biggest story ever because it explains so much of what is going on in our financial reality. . . . Lots of people in my circles talk about there being a lack of collateral, which is a lack of government bonds in the marketplace. They refer to that as a lack of collateral; yet, we see equity markets making new highs. We see Bitcoin making new highs. We’ve even seen the sleepy precious metals market get some legs and make moves upward in recent months. . . . (more…)

Dollar Will Be Sliced in Half – Bill Holter & Jim Sinclair

By Greg Hunter’s USAWatchdog.com

Near the beginning of this year, legendary investor Jim Sinclair and his business partner Bill Holter said the reset would start in June. Is the recent jump in gold prices confirming this? Sinclair says yes and predicts a two-tier reset in the next few years. . . . The first will be a devaluing of the dollar. Sinclair explains, “The reset has already started. . . . The only thing holding up the dollar is its universal use as a contract settlement mechanism in Russia and China and everywhere else, and that simply is not happening anymore. . . . The dollar is going lower. . . . In the first reset, the dollar will get sliced in half.  (more…)

Pelosi Trump Battle, Clinton Benghazi Email, Media Continues to Lie

By Greg Hunter’s USAWatchdog.com (WNW 367 1.18.19)

The battle to fund security and a wall on the U.S. southern border continues. The tit for tat this week includes Speaker Pelosi disinviting President Trump to the House of Representatives for his annual State of the Union address. Trump countered Pelosi by stopping her from taking a trip abroad on government aircraft (including a stop in Brussels) one hour before she and her crew were about to leave. The President told her to stay in Washington to negotiate an end to the partial government shutdown, and if she must fly, she should fly commercial.

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Secret Money for Private Armies – Catherine Austin Fitts

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for the federal government to default or monkey with any debt because they can literally print the currency. The question is how do they make sure whatever they are printing really holds any kind of store of value. I think the reason you are seeing them reengineer the federal bureaucracy and financial transactions infrastructure is because they want much greater and tighter control to do whatever they do, and that includes to continue to debase the currency. They could do this (reset) entirely by debasing the currency. . . . (more…)

China China China Not Russia, Dow Crashes, Kanye Backs Trump

By Greg Hunter’s USAWatchdog.com (WNW 356 10.12.18)

We have been told constantly that Russia is trying to undermine America, but, in fact, it is China by a very wide margin. China has been recruiting spies to work with prominent senators like Diane Feinstein. Mitch McConnell has also enriched himself by granting access to China. Meanwhile, the only evidence of Russia collusion is with the Democrats and Hillary Clinton and NOT President Trump.

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Dollar Dominant & Dangerous – System Not Stable – Catherine Austin Fitts

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Investment advisor and former Assistant Secretary of Housing, Catherine Austin Fitts, predicts the global financial system “will take some big hits before the end of the year.” Fitts explains, “Right now, economists say the dollar is ‘dangerous and dominant.’ It’s still, if you look at the market shares around the world, it’s still very, very significant portion of total reserves. So, it’s still very important. At the same time, the U.S. dollar hegemony is probably not going to last forever . . . (more…)

$21 Trillion in Dark Money Will Cause Hyperinflation – Rob Kirby

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Macroeconomic analyst Rob Kirby says the big elephant in the global financial room, that nobody wants to acknowledge, is the still “missing” $21 trillion from the DOD and HUD. Kirby contends, “They don’t want to believe it. They don’t want to believe that, at least, $21 trillion in extra dollars has been created out of thin air. It is siloed, and I would say it is siloed in dark places like the Exchange Stabilization Fund (ESF), which is the secretive adjunct to the U.S. Treasury. I would also contend that this enormous cache of dark money is exactly what is used to do dirty tricks like rig the precious metals market because that is a very expensive operation to carry out. That is not a sustainable sort of thing. The Fed . . . knew years and years ago that they were going to hit a point where the amount of money that they would need to be put into the system would have to grow vertically. This is why they created and siloed at least $21 trillion extra dollars.”

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$174,000 per Ounce Gold Not Funny–Scary – Jim Sinclair & Bill Holter

By Greg Hunter’s USAWatchdog.com (Early Sunday release)

Renowned gold and financial expert Jim Sinclair and financial writer Bill Holter are sounding the alarm now on global financial markets starting to burn down and implode. Sinclair and Holter are business partners at the popular financial website JSMineset.com. Sinclair explains, “‘When’ is the question we are asked constantly by our viewers and readers. . . . ‘When’ is a period of time all of this comes to fruition, meaning the date. . . .‘When’ is now. . . . This is the beginning of something few expect. This has very little to no precedent in history. . . . (more…)

NK Missiles Can Hit DC, Record Stock Market Again, Bitcoin Bubble?

By Greg Hunter’s USAWatchdog.com (WNW 311 12.1.17)

North Korea had another very successful missile test. This time it went 10 times higher than the international space station.  Secretary of Defense James Mattis says this proves North Korean ballistic missiles can now reach Washington or anywhere else in the world.  President Trump was quoted as saying “We’ll take care of it,” but didn’t explain what he meant.  Trump also said of the North Korean Missile launch, “It is a situation that we will handle.”  UN Ambassador Nikki Haley was blunter and said, “If war comes, make no mistake, the North Korean regime will be utterly destroyed.”  At the very least, more sanctions are coming for North Korea.

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