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.”
In one example, Skidmore found a huge transfer from the Treasury Department to the Army that, again, was not authorized. Keep in mind, the Army has an approved budget of a little more than $120 billion a year. Skidmore says, “In this one report . . . there is an appendix table that indicates there was a transfer from Treasury to the Army of about $800 billion. That’s almost a trillion dollars flowing in. There is a note that says we had to do this in order to reconcile past years. That doesn’t make sense to me either because, these earlier years, you have a transfer from the Treasury of your $120 billion or $130 billion, and every year, the Army is granted the authority to spend this money in the ways they say they will. How can you get (an additional) $800 billion in and call that an ‘adjustment’? I tried to call and talk to the office of the Inspector General to talk to the people who helped generate these reports. I haven’t been successful, and I stopped trying when they disabled the links.”
You heard correctly. The government cut off inspection of their own financial accounting to the public. Skidmore says, “I have been able to talk to a few people. I tried calling the Congressional Budget Office. I talked with somebody at the GAO, and one or two people at the Office of the Inspector General, who were generating these reports. . . .It’s a big question in why don’t people want to look at this? I am just a blue collar economist at Michigan State University, and I am saying this does not make sense to me. Why don’t we look at this? . . . Some high ranking government official authorized the disabling of all the links to the key documents. We know that.”
Dr. Skidmore thinks the federal accounting of $21 trillion in missing money is crazy and far outside the realm of normal. So, is this a legitimate U.S. national security issue? Dr. Skidmore says, “Yeah, and that is one of the reasons I decided to look at this. How can this be, and what does this mean? If trillions of dollars are flowing in and flowing out, it appears to be outside of our Constitution and outside of the rule of law. If that is the case, that really is troubling because it suggests that there is a layer of things happening that are outside the rule of law. I know, for example, that some activities, just for the sake of protection of the people involved in national security, have to be black budget. There is always stuff like that. Usually, it’s authorized spending, and some percentage is this black budget where only a small percentage of people and some in Congress know about it, but this is way outside of that. So, I am worried about it.”
Join Greg Hunter as he goes One-on-One with Professor Mark Skidmore of Michigan State University, as he talks about $21 trillion in missing money from the U.S. federal budget.
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After the Interview:
Dr. Skidmore says, “If the American people don’t stand up and say this is unacceptable, nothing is going to happen. This is just wrong.”
To find out more about Dr. Mark Skidmore, click here. To look at the documents he used to uncover $21 trillion in missing federal money, go to Solari.com and search the term “Missing Money” or simply click here. Dr. Skidmore copied all the documents he used for research and put them on Solari.com with the permission of its founder Catherine Austin Fitts.
Trump may have been correct about autism and vaccinations!
Anyone interested in aluminium and its potential effects on health should follow the work of Professor Christopher Exley at Keele university.
TSI … people should also avoid the flavored corn chips and other MSG-containing foods (soups, etc., etc.) that are given to us to eat in almost all food categories … which results in a gradual and progressive degeneration of very special areas of the brain (particularly the prefrontal cortex) … which results in loss of memory, confusion and disorientation … just the qualities the NWO operatives want to inflict upon the US population to achieve their very evil goals!!
CAN YOU SAY -CORRUPT GOVERNMENT AND MILITARY!!! AND NOW ALSO THE BUDGET OFFICE!!
GREG: IF YOU WANT TO KNOW WHERE MUCH OF THIS MONEY WENT- ASK VP DICK CHENEY- HEAD OF THE SECRET SPACE PROGRAM AND OUR BASES ON THE BACK SIDE OF THE MOON AND MARS! INFO FROM “W”!!!
With all the evidence of the false flag fantastic scientific mastery in the 9/11 episode, has anyone ever wondered about what the price tag on that big show was? Gladly we’d want Cheney under oath and handled by a prosecuting investigator with moxie like Judicial Watch or SC’s Gowdy plus serious body guards for those investigating……
Could not agree with you more. Well said MJR,
Ask Dov Zakheim where the money went…
All of the crooks involved in this missing money should be tried, convicted and executed for treason.
You should watch “A brave new world”. More relevant
Refreshing insight albeit disturbing facts. I suspect many Governments across the globe do this, can you imagine a few control the majority.
I watched the movie 1984 a few days ago, for the first time, disturbing to see we resemble that existence.
My thanks to you Greg for making my Sunday an enlightened one.
I have read both the Brave New World and 1984 in the 1980’s as a teen. I have read them again every decade- except my 5th decade, my time id due again. Every decade I read the books I got more and more out of it and saw how much is coming to fruitation. I never saw the movies. Another good book to read on the same futuristic, one world government, dumbing down the populace is Fahrenheit 451 by Ray Bradbury,
I talk to a former government spook, on occasion. This source constantly refers to Dr. Kissinger’s notion–that the only element standing in the way of a one world government is a sound and strong America. Like ancient Rome, he contends “we” have been methodically undermined from within for decades by traitorous politicians, a looting & mooching corporate class and an incredibly dull, gullible citizenry. As someone who has seen this calamitous descent play out in other countries, he states that the longer this sham is allowed to continue—the worse the fall will be when the end eventually arrives. SOD
“undermined from within for decades by traitorous politicians, a looting & mooching corporate class and an incredibly dull, gullible citizenry.”
Yes and the citizenry ended up dull and gullible largely due to being exposed to TV -mass media controlled by the corporate class, who have shaped minds and dulled senses since circa 1955. Hollywood has contributed since the 1930’s, influencing ideas and thoughts. 50 years of MSM to bring us to this point. All a part of achieving total control of the population. Next, getting tens of millions to buy and fund the ongoing operation of a spying and tracking radio…aka the smart phone was brilliant plan. The average user now checks his/her device 80 times in 24 hours. Highly effective mind control? Yes.
Coming soon is the attempt to incorporate our money into this network and eliminate physical cash Perhaps a grand death blow to what remains of our rights and liberties as a free nation. Access and control of the internet is also a high priority which will enable the totalitarian global order sought by the financial elite.
Long live the ponzi (src)
Great guest today….. keep up the good work.
Good points all around, but I suspect more than a modicum of our nation’s subpar citizenship might be placed at the feet of an abysmal public education system. Old school computer programmers were once fond of the adage: Garbage in; garbage out. SOD
One of your best interviews, Greg. Don’t worry if it started slow … reminded me of the government waste critic of the 1990s, Martin Gross, who died largely forgotten in 2013. Gross spent hours on the phone contacting agencies and bureaucrats, and his whole description of it all resembled a “swamp” even before that term came into vogue.
Unfortunately, few will care even today unless an actual bill for $65,000 (what Dr. Skidmore said is the amount of the $21 trillion missing per person) arrived on their doorstep. We can only hope, though, that more see this interview and start waking up!
Time is short, and only getting shorter …
In fact per American adult it is $100,000 not 65,000 and I’d love it if they sent the bill to only republican voters since they had the majority in House and senate for most of the 20 year period involved. Obama had filibuster-proof majority for 2 months.
Obama was a neocon anyway and would not have stopped this spending.
Greg…..excellent interview……but keep in mind, this is obviously fraud, misdirection and wholesale scandal if acknowledged by the government…..and would lead to the global public realization that there are so many more dollars flooding the financial system, the value and integrity of US dollar and economy is more than suspect,..but actually a massive fraud. This has enabled the US to benefit greatly and supported the expansion of our military and standard of living to thrive through our hard work, but also illegimately and to excess at the expense of other societies throughout the world……..the “powers that be” cannot afford to let this information become widespread……ain’t gonna happen…..repercussion would be too great for us and global stability…..massively wrong and immoral nevertheless…..
Greg, could you imagine being personally audited by the IRS and trying to pull these shenanigans? Not only would have our assets seized and frozen, we would be facing criminal charges. The American people have become numb to figures that are in the Trillions, but this is a staggering amount of currency. This currency is out there in the world somewhere in circulation; however, it has to be outside the United States. It would be bad enough if the petrodollar lost its status and our national debt of 20 plus trillion came home to roost, but an additional 21 trillion coming home into circulation? The Weimar Republic’s “velocity of money” would pale as a Black Friday spending day as compared to this fiasco. The US dollar would be the poster child for Gresham’s law.
DUMB’s (Deep Underground Military Bunkers) They know what is coming!
I have an idea for Mark Skidmore as to where the $21 Trillion went … and why high ranking government officials authorized the disabling of all the links to the “key documents” that would have allow him to trace where all the money went … consider the recent ICO fraud where bit coins were to be issued “for a non-refundable donation to a Charitable Foundation” in Switzerland … well … why not imagine that the $21 Trillion was a non-refundable donation to the Clinton Foundation for the acquisition of “bit favors” that could be used by Government officials like a currency in Washington … is this the reason Government officials won’t touch the fraudulent Clinton Foundation? … as the $21 Trillion in “crypto favors” they now posses and use like a currency in Washington will all become worthless!!
Wouldn’t it be nice if this random thought was for real and Trump could have the IRS seize the $21 Trillion in “crypto favors” (as they were bought with taxpayer money) … and use it to pay off the National Debt … leaving a trillion (plus fines and penalties) for distribution to taxpayers … instead we have Trump telling us what a “nice lady” Hillary is?? … just a random thought but can all this “nice lady” talk about Hillary be linked perhaps to Chelsea making a big “interest free” loan to Kushner??? … Hmm?? … and why the “big delay” into looking into the Clinton Foundation’s books and records (to give enough time to completely bleach and smash all the computer files?)!!
Dr. Skidmore and CAF should write a letter to Trump about this “missing money situation” … and suggest that “any money not properly accounted for” by a Government Agency … should be “automatically deducted” from their next years budget allocation … and see how fast things get corrected!!
And as part of their letter to Trump … they should make clear that the Fed (a private company) should not be given “governmental power” to make up any budget shortfall by printing up money and giving it to the Government Agency (as this is clearly a violation of the Constitution that gives the “powers of the purse” to Congress and thus the people) … if a Government Agency mis-appropriates the funds Congress allocates to them … they should begin “to fire government workers” so as to bring their budget into balance … this will undoubtedly bring out many “whistle blowers” who will then tell us exactly where the missing money is going!!
That 21 trillion would not pay off the debt Greg. It is additional debt created out of thin air that never made it to the bottom line of expenditures, so things are much worse than we ever thought possible. Takes allota money to run an empire these days.
I’d be a bit scared if I was a government accountant that knew a little too much!
I have been thinking about where these additional debts end up at. It went to the arms dealers, SUV suppliers ….. I suspect they eventually came back here driving up real estate prices in the most exclusive neighborhoods, pricy arts, yachts and automobiles.
The elitists are few in numbers and they can’t cause inflation in foods and everyday consumables. That is probably one of the reasons why the rich are getting richer – these funny money never made it to the bottom line.
Give me 65k and I promise to put it out into the economy. Heck I would be happy to pay the taxes on it before spending it. Another good one Greg.
Dr. Skidmore says, “If the American people don’t stand up and say this is unacceptable, nothing is going to happen. This is just wrong.”
It is unacceptable, but saying so and demanding action probably won’t make an investigation happen.
Only a guess, but if I were a recipient of that illegal stash, I’d probably be purchasing farmland and precious metals. Doing so, is being cognizant that my actions as a government functionary-along with a few million others-is destroying the country.
It should be the job of the Free Press to expose these financial scandals and pressuring our representatives in Washington to get transparent answers from them, hearings, etc. Till this is done we have not a democracy, a republic, a representative government, nor freedom! We have a joke of a government, as we are mere slaves of the wealthy and our current elected officials. Democracy ended when the League of Woman Voters was stripped of there power in asking tough questions the big boys did not want to answer in presidential elections. God help us!
Greg, just more evidence of a corrupt Government where the rule of law only applies to its working class citizens. This report didn’t surprise me at all. Its dark money, going to dark places and to dark people. Too bad we will never know who got their hands on it, but I believe that is what will happen; nothing, as the elite wouldn’t stand for it as they probably got some benefit for it at the working tax payers expense. Oh what a web we weave when we are out to deceive.
AB – What this report did for me is add a whole lot of credibility to every thing Catherine Austin Fitts says (and validate) … By the way Greg, when is Catherine Austin Fitts back on? In addition, it confirms that most Americans are _______ed … and it does not rhyme with happy.
“The Swamp” or “The Blob” ?
Dr. Skidmore’s interview has the precious ‘ring of truth’ to it. Thank you Greg and Dr. Skidmore.
Dr. Skidmore is a true patriot in my book. Like you Greg, he has truly put ‘skin in the game’. I pray that this interview not only gets the truth out but will also provide some protection for him. That said, MSU had better brace for some unaccounted for ‘adjustments’.
Its like I mentioned in another interview when this subject came up – 21 trillion dollars in accounting adjustments exceeds the US gdp for one year!! Where did the Treasury obtain the money to offset the accounting discrepancies for the two mentioned departments is the real question. Was this money an accounting transfer between various government departments to the ones that were insolvent vs money that was simply created or provided for outside the known money supply vs some combination of the three? I suspect that our ongoing wars and the housing collapse explains the adjustments in accounting to the two mentioned departments but WHERE did the money come from is the real question? I have an opinion – general tax revenues (increasing), health care mandates (form of tax), no return on bank deposits (no return for savers), quantitative easing (printing money), bond manipulation (low rates to service debt better and to better capitalize the banks), gold/silver suppression (support the dollar and corral money flows to riskier investments) and the big enchilado – stocks( and digital currencies?) for which the snare is ready to be pulled and afterwards the bail out will be complete. IMHO – we are close to the end but what is left of the dollar, bond and stock markets after the dust clears is unknown.
The money is used to build extravagant underground cities for the elite.
I wish people would get a clue. The underground booms are heard all across the United States.
I also believe it is stollen for cern and darpa.
The military are my hero’s but at the very top
There exists some very evil sick people.
Who think they have a right to steal.
Until they’re exposed continue to expect trillions to continue to disappear.
If you started today counting to a trillion you would be dead before you got to a trillion.
Imagine 6 trillion that’s what it’s come to.
Those who control the money are evil greedy and arrogant to a level that is inconceivable. To the average dumbed down American.
A trillion is a number too large for the human mind to grasp. If you were to count out dollar bills, one dollar a second, 60 dollars a minute, $3600 per hour, $86,400 per day, $31.5 million per year, it would take 31,000 years to count out $1 trillion. For comparison, Jesus was giving sermons 2,000 years ago, and the Ice Age was 10,000 years ago. One trillion is a BIG number amd 1$ trillion is a lot of money.
It would take 32000 years to count to 1 trillion doing it 1 second at a time.
22 trillion missing total this is no longer the America I grew up in. It’s something else.
Taking god away doing secret experiments on animals messing with human dna. It’s like back in the days of Noah but most wont even know what I’m talking about.
My faith is in God these people that steal God sees it all all so I have peace. These men who think they’re God boy will they be scared when they get to the whit throne judgement
Professor & Dr. Skidmore, Seems like a Skeptical, Nice Man who could Not believe that this Gov’t Can or Would Steal $ TRILLIONS! Along Comes Dr. Catherine Fitts who tells us all that they can, and have stolen Over $21 Trillion. (JUST 2 Dept’s) Walter Burien started this work many Moons ago, Finding hundreds of Billions missing. Catherine is National Treasure and Greg, You should both get Metals for your Work. Charles Ortell, Have Hodges, Hagmanns, Alex Jones, John Cruz, Dr. Jim Willie, Rob Kirby, Abel Danger, Dr. Savage and so many others are keeping the Truth Alive. Pres Trump would serve himself so well if he just reached out to those who could Expose this level of Corruption. Thank you again Greg… William Bissell
Tremendous interview. This is real journalism.
Senator Jon Tester Verified account
I was just handed a 479-page tax bill a few hours before the vote. One page literally has hand scribbled policy changes on it that can’t be read. This is Washington, D.C. at its worst. Montanans deserve so much better.
Be sure to watch the 1 min. and 10 second video.
Senator Jon Tester thinks “Montanans deserve so much better”.
LOL : )
Senator Jon, ungrateful Democrat, should be thankful he even received a copy.
And then Senator demonstrates how brainless he seems to be with this comment, “This is Washington, D.C. at its worst” . Please : )
If the senator really wanted to know everything that was in the 479 page tax bill that passed weeks in advance, all he would have to do is call the Former Director of the Office of Management and Budget under President Ronald Reagan.
STOCKMAN: The GOP Tax Bill is Lunacy
REPORT: The Treasury Doesn’t Have a Model of How Tax Reform Will Impact the Economy
From the NY Times article linked,
Treasury Secretay Mnuchin is a first class clown.
NY Times, Fake News at it’s finest? Ok, you got me here!
And another less than credible link,
💥💥OMG – WE KNEW IT!! MNUCHIN HAS BEEN LYING ALL ALONG! 💥💥
Whistleblower: The Treasury analysis showing that tax cuts pay for themselves that Mnuchin has been promising (and even suggested already exists!) DOES NOT EXIST AT ALL. Career economists shut out of the process!
My only response to the weak links I have posted above is I’m not buying Mnuchin’s hilarious quote, tax cuts pay for themselves.
That’s a line the former Goldman Sach’s partner would normally have reservee exclusively for Louise over a bottle of JEROBOAM OF CHÂTEAU MOUTON-ROTHSCHILD, 1945!
Tax cuts pay for themselves and so do war’s I have been told.
I don’t understand why I am so cynical here.
I was considering the private jet while I await the flying car!
Commentary: Trump’s Tax Plan Coddles Private Jet Owners and Screws the Middle Class
Tester’s already spent millions on campaigning. This is just more of it. I’m from Montana and the people in his home town and county didn’t vote for him.
As a retired Professor of Economics, specialty public finance, I would just like to say congratulations for excellent work and an excellent interview. Congratulations also for your integrity and commitment. Just remember that there is a humongous amount of real money that has found its way to real people, and they will not want to be exposed. The higher your profile and more carefully chosen your words, the safer you will be. Great job!
Why not contact David M. Walker about this?
He was the former head of the GAO and was quite vocal as to the problems of deficit spending.
The biggest problem is no one is accountable. We all know the government is corrupt, let’s start over. Get rid of the good and the bad. There may be competent people in government, sorry, they are out too. The trust level has gone to ZERO on my meter. I can’t even stand to listen to my local county commissioner, as well placed as he seems to be, all I hear out of his mouth is BS BS BS, even when it’s not a lie.
TRUST LEVEL IS AT ZERO! GET RID OF EVERYONE AND REBOOT THIS GOVERNMENT!
Thanks Greg, really excellent interview. Dr Skidmore comes across as totally authentic; even though the information he has is totally unbelievable, I believe it. $21Trillion with a T? Wow.
I’ve already sent this link out to my usual email crowd, but for this one I need to add my congressmen. Unfortunately, my congressman (for whom I did not vote) is a Dem who goes along to get along (and get reelected) (but that’s just an opinion). OTOH, the Republican in the next district over doesn’t mind stepping on toes, so I’ll call his staff and talk them into watching the interview.
Really, the GAO thinks that if it were real there would be a congressional investigation and since there isn’t one… It’s GAO’s job to inform congress of these discrepancies so yeah, there’s a little bit of circular reasoning going on and congress should be up in arms — unless maybe to rock the boat would interfere with getting re-elected, then one goes along to get along.
There is either some total incompetence going on (which I don’t believe ‘cause I’ve watched DoD budget analysts count their pennies) or there is another set of books and I have no idea how that would work. Black budget which would match the total goernment debt? Maybe. It is not incompetence, so something else is going on and it’s really hard to believe that congress is in the dark.
Since Donald Rumsfeld mentioned a lot of money missing in 2001, is it safe to assume this misappropriation began during say the Clinton administration? It’s just a question.
Impossible for fraud at those level. It’s black budget or congress would have stopped it by now.
GREG H- NO SURPRISE HERE TO THESE NUMBERS. THE ELITE HAVE BOUGHT OFF CONGRESS AND MOST HIGH LEVEL POSITIONS IN GOVERNMENT – BUT NOT TRUMP. CONGRESS DOES WHAT IT IS TOLD- NO MATTER WHAT- OR SOMEONE WILL DIE AT THE HANDS OF THESE ELITES.
$21. TRILLION MISSING IS USED TO FUND SECRET PROGRAMS- IE: SECRET SPACE PROGRAM, UNDERGROUND CITIES FOR THE ELITE’S , AND SO MANY OTHER DEEP STATE SECRETS. BIGGEST OF THESE IS THE “ZERO POINT ENERGY” PROGRAM, SECRETLY DEVELOPED IN THE 50’S. THIS IS FREE POLLUTION FREE ENERGY FOR THE WORLD- YET THE ELITE’S HAVE KEEP THIS FROM THE PEOPLE SINCE THE 1950’S. CRIME BEYOND IMAGINATION BY THESE SOB’S. YOU SHOULD DO A SHOW ON JUST THIS- REACH OUT TO DR. STEVE GREER!!
I still have goosebumps. This is an over the top, unbelievable interview. I have already sent it to my representative and will send it to my senators. We have got to make this go viral.
Just so you know I have sent it to Ted Cruz and John Cornyn, senators for Texas, and also my representative, Kevin Brady, I know one of his assistants. I also have an appointment with a Texas congressman on the House Comm. For Energy and Commerce for next week and will try to get more out but will have to do it snail mail because there is a blocker built in to the House server. If you do not live in the district it will not get through.
GET THIS INTERVIEW OUT THERE PEOPLE!!!!!
I am wondering if it is possible to send a thumb-drive to the White House? We’ll see.
I used the YouTube version and will resend my emails. I know that Con. Brady will probably not be there but I will speak with his admin. asst. This is quantifiable. Number crunching is real. We must get this out. Just collecting the 21+ trillion dollars would wipe out the phony US deficit. We have to fight every step of the way. I have tried contacting Miss Conway and have received no replies as of yet. So, I will try something else.
Excelente report Greg.
Damn it…I want my $65,000 back.
All of us should demand our stolen/lost $65,000
Let that sink in everyone.
I want mine in silver … that’s 3,939 one ounce silver coins they stole on me … and I want it back!!
Diane – what you are going to get are the crooks that are running this scam (Black ops) are going to coming knocking on all of ours doors demanding we anti up another $65,000 a person, and this on top of the 65,000 that they already got us for.
Astounding interview. You may earn a journalism award for this and Dr. Skidmore may earn a Nobel prize in economics.
I would hope that Dr. Skidmore has taken precautions to secure he an his family’s safety. If all of this is true then HIS LIFE IS ACTUALLY IN DANGER. The Deep State has no conscience and will take out anyone who muddles around in their mud puddle. This should be sent to President Trump in its entirety, (as copies of course_. All original materials they downloaded need to be put on jump drives and distributed far and wide, so as to secure that information.
On 911 the very office in the Pentagon that was hit and destroyed was the office which was tasked with finding that 2.2 Trillion Rumsfeld said was missing. Also all the Gold that was in building Seven’s basement also went mission as well.
Someone at the top of the NSA/CIA knows full well where all that money went. You can also bet your bottom dollar is was not used on our military that supposedly keeps us safe at home. but on those Black Special Access Projects which are funding the war with our extraterrestrials visitors. This is specifically why they cannot tell the people where that money went and why phony accounting principles are given a wave through, because if they told the people the truth, our religious underpinnings would collapse over night, thus they believe Anarchy would reign and they would lose the power they believe they have.
Too late. Once the discrepancies are pointed out, and the source documents referenced then there is no way to cover-up the mess. Whomever it was who ordered the source documents to be withdrawn has committed obstruction of justice. One BIG question is why have these data been sitting there in public government documents since 1998, and no one until now noticed?
They probably figured with the fluoride in the water, MSG in our food and aluminum in the air we breathe … the dumbed down American public were to brain dead to read the documents … lucky for us a few health conscious individuals still have their marbles and know a “steal-ly” when they see one!!
Oh, my. I’m with you, Greg, speechless!
Stunned. So tired of being lied to, tired of being fed distractions. Why do so many become career politicians; how do normal nobodies become multi-millionaires on a congressman’s salary? I believe we’ve found at least a portion of the answer.
Today, instead of “fear not” I need Ephesians 4:26 Be ye angry, and sin not: let not the sun go down upon your wrath.
Sue: I loved the quote from Ephesians 4;26.
this may be a good place for Dr. Skidmore to consult with.
Tax havens: Super-rich ‘hiding’ at least $21tn
A global super-rich elite had at least $21 trillion (£13tn) hidden in secret tax havens by the end of 2010, according to a major study.
The figure is equivalent to the size of the US and Japanese economies combined.
Excelent information. Thank you.
Now when I hear about all this brouhaha about imminent government shut-down because of non-passage of a spending bill, like we are hearing right now, it is all a meaningless sham unless this missing 21 trillion is found and made transparent to all and immediate remedy and restitution is effected.
Really all government matters that involve spending become secondary to getting to the bottom of this travesty. As things stand at this time, it looks like nothing will be done by congress or the officials of any branch of the federal government. I guess we don’t get to call that criminal negligence.
I hope that Dr. Skidmore did not save to the Cloud all the web information to which links were disabled.
It looks like gross corruption to me.
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.
Every year Congress gets into “a big fight over the budget” … and how they need to “control spending” … they “take away our cost of living adjustments” … “raise the age” to receive Social Security … cut our health benefits while increasing the costs … etc., etc. … and yet “not a peep out of any of them” when they lose $21 Trillion dollars????
Great journalism Greg.
If the people demand to know, and TPTB don’t want to look at it then we can admit we have no republic. We are under oligarchy control.
Good to see real research before speculation is not a forgotten trait.
If the $21 trillion is just for 1998-2015 for 2 departments how big could big could the actual number be if it began much earlier and was much more widespread? Hundreds of trillions?
Hundreds of Trillions of dollars it may very well be Sunshine … and we have Harry Dent (the man who single-handedly brought down Europe … with his demographic projections that scared the governments there to bring in millions of Muslims to “re-populate” the place) is now projecting gold will fall to $700 per ounce and the place to be is in dollars? … with hundreds of trillions of these on the books and off the books dollars gold is going to fall?? … hey Dent … demographics does not work on gold (gold is a worldwide commodity not limited to specific geographical areas and local demographics forcasts)!!!
Look at the demographics of supply … http://www.theassay.com/articles/golds-global-supply-heading-cardiac-arrest/
Great show Greg,
…every expenditure needs to be approve by Congress ? Again to big to fail. Congress worked only few days per week. Most of the time they are to old to understand or read the bill. What can we do Greg to stop this madness?
All this anaccoundable money is with the WMD in Irak…or perhaps in Lybbia , Syria or Las Vegas .
Mr. Hunter: Thanks for moving the ball forward on this. I would offer a few comments for consideration:
(1) I’m reasonably certain that black operations and programs at the DOD and intelligence agencies (especially CIA) do interface with the Federal Reserve in their flows of funding and spending. Thus, a thorough auditing of the Fed would have to be part of getting to the bottom of this (and much other that is fraudulent and, perhaps, otherwise criminal in the economy more generally). Unfortunately, I fear/know that the past cannot be fixed (or, likely, even be satisfyingly investigated, since the evidence will have been destroyed) and, among many other things, we must end the Fed (and, perhaps, dismantle much of CIA) to have any chance for a decent future.
(2) I would remind people that the 9/11 attack on the Pentagon “happened” to be concentrated on the very rooms where auditing of the Pentagon budgets was being conducted.
(3) “Laundering” of money flows within the defense/intelligence establishments could well involve “circular” (or more complicated) flows of accounting transactions within the departments and agencies themselves. That could easily inflate the amounts of transactions that are “unaccounted for.” In other words, I doubt that there is much if any money to be recovered; for the most part, it’s spent and gone.
(4) CIA is widely rumored to have it’s own sources of funds from drug running and perhaps other sorts of businesses. The flows of those funds are, presumably, not on the books at all, even as undocumented transactions.
(5) I agree with your concern that not only is there tremendous potential for massive fraud for pecuniary gain by individuals and other entities, there is tremendous potential for rogue military/intelligence-agency operations, such as Iran/Contra and, likely, more recent operations in the middle east and elsewhere.
(6) Finally, I agree with the concern that all of this is unconstitutional and otherwise unlawful, and a grave threat to our “democracy.”
Found a Dmitry Orlov interview. The Google data mining isn’t a total waste of privacy infringement.
In light of current US-Russia tensions and those in Donbass and Lugansk, Ukraine, might be a timely interview.
Te scary bit is that the federal govt. is on the whole much more honest than state and local…
Greg and Dr. Skidmore,
TOP NOTCH reporting and informing of the REAL state of government. Nothing like this reaches the public. Best reporting on the planet. Thanks for keeping on ratcheting up a notch.
Greg, on one of my previous post I outlined the war with N. Korea will begin in summer or early fall of 2018, I also outlined that when you hear of many more assets being flown from the East Coast to the West Coast and beyond is telling that the hot war is in the works. CNN post today: (CNN)Tensions on the Korean Peninsula escalated over the weekend as US stealth fighters moved into the region and official sources from both North Korea and the US said the chances of war are growing. These assets, Stealth fighters, cannot be seen as of yet by N. Korea’s air defense batteries. Of course, many such assets still need to be maneuvered into position before any hot war could take place. However, watch for weekly military asset movement to the area. At this point the movement of the assets are for political diplomatic efforts, but as time moves on watch what assets move into the area. I suspect that about March soon thereafter or so you will see a large buildup in the area, over and beyond the assets necessary for bluffing a hot war or for setting up a diplomatic resolution. At that point in time the decision has been made, and the President would have given the Orders to go when the military decides it is the time to go. Folks, this is happening in real time as we speak. The war with N. Korea will not be a Sunday spring day walk in the park. The President when ask what he thought about the last continental ballistic rocket launch of last week said and I quote “We’ll take care of it”. Enough said, take precautions as N. Korea has nuclear capacities, know what to do, stock up, things might well get dicey for a short time after the strike.
Arthur … So N. Korea has nuclear capacities … so what … we Americans have to go to war “again”? … it is not “our” business to pre-emtively strike other nations that build nuclear weapons “for their own protection and security” … don’t we do it! … in fact Trump wants to build more nuclear bombs … and many others do it to protect themselves … yet we don’t see Trump getting ready to go to war with Israel for doing exactly what N. Korea has done … building nuclear bombs for its own protection … think about how many countries N.Korea attacked in the last 40 years? … none!! … think about how many countries Israel has attacked “and occupied” in the last 40 years? … but irrespective of whether a country is aggressive or non-aggressive … “the rules should be the same” for all Nations … every nation has a God given Second Amendment right to protect themselves … especially if they live in a rough neighborhood and feel they are in need of a “Samson Option” to protect themselves!!
Warmongering neocons like Graham always project their evil warlike thoughts onto other people and bring about wars “that need not happen” … hey Graham your going to evacuate a few Americans? … what about the millions of S. Korean people who will face extermination because of this war you want so baddly?!! … http://www.zerohedge.com/news/2017-12-03/were-getting-close-military-conflict-sen-graham-urges-evacuation-americans-south-korhttp://www.zerohedge.com/news/2017-12-03/were-getting-close-military-conflict-sen-graham-urges-evacuation-americans-south-kor
Instead of killing millions of men, women and children in “another war” that will likely go nuclear … this is the more intelligent thing to do … http://www.zerohedge.com/news/2017-12-03/pentagon-deploy-thaad-anti-missile-systems-west-coast-protect-against-north-korean-i
Paul, not necessarily supporting the war, I was just outlining the timeline of the upcoming conflict, nothing more, nothing less. In fact, N. Korea will implode on its own given enough time as the history of the world is to reach beyond the tyrants and for freedom. I would support a nuclear Japan though, and bringing our service men and woman home; that would help put N. Korea and China in “check”.
Arthur … I agree … I think if “every nation” had a couple of hundred nukes … humanity will finally achieve a long sought dream … a world “at peace” for at least 1000 years! … for just as a homeowner has a right to own a shotgun to keep crooks from invading his home … nations should have a weapon that will keep neocon crooks out of their country!!
Brother Art, the worldwide chaos which will ensue will be worse than any actual physical damages from conventional or nuclear exchanges. We will be entering a new reality. Regardless, something’s got to give. It would have been easier 50 years ago, but, oh well, that’s not our style. Best always. PM
Paul, please expand on the worldwide chaos you are talking about; end of the world, Armageddon, the Book of Revelation, etc., would be very interested to know as I have always valued your thoughts. Best to you too, Arthur Barnes, aka Brother Art
Kudos to the doctor. I think you should title this interview as—THE MOUSE THAT ROARED.
Incredable, unbelievable, financial mismanagement.
What a wonderful guest.
Thanks, so much for the eye-opener.
This is very much off topic but I wish to ask Greg a question about Cliff High on something when he made a disparaging anti-Jew remark on Jim Sinclair’s site (JM Mineset) at or about the 1:47:30 mark and the 1:48: 30 mark he referred to the “Zionist” influence .
Greg do you stand by Cliff’s statement?
Zionist is different than Jewish so why are you even mentioning this?
Frederick … Some would say that Zionism has become a motivation for racism … so perhaps Clif was not being anti-Jew!
The Zionists love to conflate themselves with Judaism as they can use the ‘antisemitic’ card to deflect any criticism.
Good to see you in high spirits Robert, in preparation for the festive season.
Perhaps some do that I don’t and I very much doubt Clif High does either
What I do not understand Greg is why all the hype about altering the Income Tax system when it is clear that the out of control government simply prints and spends far more money into existence than what they collect in taxes. I understand that the Common American Idiot cannot conceive of what this actually means, but the foreign power certainly DO. They cannot do anything about it however as long as the US military can roll out and into their capitols and crush them should they offer resistance. As long as the US military can destroy all foes, America can fabricate money (value) simply by printing it. Come on Congress, come on Senate, end taxation! Printing endlessly is all we need! And it is FREE!
Besides all that Greg, you do not really need any kind of news award because you have NO competition so you automatically win the top spot anyway! You reign above all of the sellout scum simply by being the only decent, honest, God fearing man that you are. You are the best! Thank you and bless you and keep up the great work!
If you mean your guests, I agree. If you mean others well that is good to hear brother. Do not let up, we who can must continue to fight the good fight. Thank you again.
Joseph P. Farrell likes Greg’s column.
Catherine Austin Fitts posts Greg’s column as SOLARI GOLD STAR!
Untold billions are being dumped secretly on our heads in the form of poisen for weather modification to make Global Warming Worse. Geo-engineering!!
Coal – they can not fight the sun – the sun’s cycles will determine the climate! https://www.armstrongeconomics.com/world-news/climate/earthquakes-caused-by-complex-cycles/
$21 trillion here (missing), $20 trillion there (fed Debt), and before you know it we are talking REAL money. If anyone believes our debt is only $2o trillion, and not at least double or triple that, as in $60 trillion, then I have some beautiful real estate for sale down by the Everglades. (perfectly dry).
What we have here is a wholesale corruption of the entire government, including FBI,CIA, NSA, military, and everyone in Congress. This is way worse than any swamp.
More or less, we are likely OWNED by the Chinese already, and the government hasn’t let the public in on the great big “secret.” I think the whole NK is entirely made up, and essentially a distraction to make it look like we are our own country, and that we still have an independent military and a ‘dominant government.’
Someone along this sin filled journey, someone, probably Obama, had to sell out to the Chinese, and so now its just a matter of time, before our entire government makes it clear that the marching orders come from Beijing.
ATTENTION MR GREG!
THIS IS A VITAL TOPIC AND IT’S AN ABSOLUTE CRIME THE LAMESTREAM MEDIA REFUSES TO EVEN MENTION IT!
Last month I told this missing 21 trillion story to a small group of people I know who only listen to the lamestream media and they laughed at me. Told me 21 trillion was ridiculous and I was a tinfoil hat conspiracy nut case. Those were their exact words. I walked out of the coffee shop we were in.
CAF said long ago that the government is a criminal enterprise and I have never heard her take that back. (Dang, that was way back in 2007 or 2006 I think I heard her say that.)
Mr. Greg, the US government is a government of the criminals, by the criminals, for the criminals and is the most successful criminal enterprise the world has ever seen.
The problem we have is that every major institution in this country is thoroughly corrupt and I don’t see that changing ever in our lifetimes. And most people in this country haven’t a clue. Sorry.
(Dang, that was way back in 2007 or 2006 I think I heard her say that.)
Dang, a decade ago. I tell you, Mr. Greg, I am getting old and quite frankly, I’m too old for this.
Also, Mr. Greg,
Any chance of getting Charles Ortel back on? What do you think the odds are the Clintons will go to prison or at least have to pay back some of their ill gotten gain? I think the odds of either of those things happening are very low. After all, in this country political crime pays big time!
Warning ! Anyone in this stock market, or in Bitcoin, is cooked. Unless you somehow manage to get out very soon, with everything, and convert that to cold hard cash, you can kiss it all good-bye. I’ve said this before in so many words, but some very serious and financially astute people are starting to echo that very same thing. Though they can’t (for obvious reasons) say it like I am here. Paul Tudor Jones is no slouch folks.
You won’t be able to get out the door when it finally dawns on you that you need to. The exits have already been katy-barred. Meaning there is no liquidity left, which is why we aren’t seeing much selling in the top names. Yet. Its not that the Fed has been draining it, but all liquidity has dried up due to both derivatives, and HFT’s. Low oil prices have played a HUGE role in this too, and once they go way down again (soon), you can kiss these markets adios. You know about the petro dollar, well its pretty much gone. That was by and large the source of all the REAL liquidity that our nation had. The reason shale is so big right now, and holding our financials barely solvent, is that the flow of cash from oil selling from our nation’s repositories is critical to the nth degree, since we really dont have any real source of funds as most of the liquidity is locked up on the Fed’s balance sheet, and in all the banks, that the Fed flooded with funny money printed out of thin air, that HAS to stay there due to capital ratio’s. Whats crazy is that for many reason’s the Fed needed to raise rates long ago, but that would have crashed the stock markets. Ironically, now that they are raising rates, its further drying up liquidity. So they need to lower, but they can’t. its still near zero, so there is no liquid left in the Fed tank. So now both the stock market, and the bond market, and Bitcoins will crash too. Very few though will get 10 cents on the dollar. From any of it. Its all worthless now, except for the digital I’s and O’s on your statements that say its ‘there.’
There’s going to be way more than $21 trillion missing. Many trillions in paper wealth, will never turn into ‘hard wealth’ that you can use to buy things or live off of. Its going to go kapoof.
If you don’t realize by now, your country is technically bankrupt. But as long as the bread & circus act continues. I ‘m quite sure you won’t mind. Well, at least for 20 years you haven’t.
The entertainment is the same and the food still taste the same, the roads are still OK to drive on, so why should it bother you??
I haven’t listened to the Skidmore interview nor read many comments as yet. However, I have heard that the missing 21 Trillion and other monies have become part of the “Dark Money” in the ESB (Exchange Stabilization Fund), although they say it is much less. Some of these funds were most likely assumed by globalist financial organizations and are used to manipulate the stock markets as well as fund black projects. Notwithstanding, these numbers do indicate illegal transfers outside the rule of law.
A lot of money was also unaccounted for during the bank bail-outs from the crash back in 2008 and there we a few reports of the amount of money that were funneled back into the big banks to keep them “afloat”.
Could be an interesting week for precious metals. Hope I live to see it.
Just a few more weeks Tad to see gold rise … gold usually reaches its low for the year on Hanukkah!
Greg …and viewers… Link to SOLARI REPORT OF MISSING DOCUMENTS AND TRILLIONS !
Of all the things in this world that can trouble a soul nothing is worse then the pervasive stench of corruption being accepted willingly by the citizens of a country and even worse is that its allies are so afraid of the bully that they all stick their heads in the sane and pretend it is OK! To say that the US is on its way to future concentration camps and holocausts is no exaggeration. I only hope that there are enough organized factions who understand why the second amendment exists and can work together once again for the common good and that the president who is determined to drain the swamp and expose the atrocities against justice prevail.
Thank you very much, Dr. Skidmore. Your application of normal textbook accounting standards to public government accounting reports is the kind of common sense that is needed to “drain the swamp”. I very much appreciated your low-key and careful language. Just the facts. If the army and other agencies are spending more money than has been approved br Congress, that is a crime. Removing evidence of a crime, as by removing your source documents, that too is a crime. If federal prosecutors cannot or will not pursue these crimes, I wonder if state prosecutors could.
Did someone send this information to the president,I believe he would share it with the American people. If proved people would finally see his heart is in the right place
If most of this money is in cripto,maybe the government is doing an end around the constatution and will have there own untraceable piggy bank
Where has all the money gone?
That’s an easy one. Into the new currency exchange system. According to my sources the installation inside the international banks is complete. What you didn’t get the memo? They needed your permission? Well I’ve got news for you. You will be the last to know. I don’t recall giving them my approval to be sprayed with aluminum oxide either, but they did it anyway. Now I blow this milky white mucus out of nose almost every day, and battle respiratory problems every time I get a sick.
Most likely the lunatics will tie the global currency reset to some type of major event like North Korea, or a ground invasion into Lebanon. Who knows? But if you follow their history that seems to be the pattern. Bretton Woods was born from WWII and the United nations, while The League of Nations was a result of WWI. The global agenda has been on the table for quite some time.
Read between the lines.
Jerry, I have often thought after I read your posts that perhaps the best time to change the reserve currency status of the U. S. and put in place a gold backed currency of another country that you discuss would be just after a regional conflict which got out of control and war ensued or was going to ensue past a regional area would be the time to do. The little frightened peoples of the planet at that point would go for anything, even endure tyranny, to save their asses. The West is weak, its perceived to be weak, because it has become so. Americans have no stomach for a real fight any more. The bests we can do at this point is to hope countries like China and Russia get rich and fat enough to lose the stomach for a fight as well. Just a thought, nothing more, what say you?
I keep telling people its happening now.
The alternate media has been brainwashed into thinking there’s going to be some major event or announcement. There won’t be. The central banks have been growing the new exchange system right underneath the old one using stolen money from the west and Chinese gold. Its a ticking time bomb waiting to go off.
The West may be weak and Americans may have no stomach for a real fight any more. But that didn’t stop the Deep State from starting wars all over the Mid-East to preserve the status quo – the dollar hegemony.
Putin is resisting militarily to break away from the dollar hegemony. I think China is doing the same financially via economic means. Neither one of them wants to fight us in a full scale war, that’s why they are still holding dollar in their central banks.
Putin and Xi have been patient with the Deep State to go along with the asset backed or gold backed global reserve currency – most likely SDR. I think Trump understands the only way to bring real jobs back to America is to rid of the dollar reserve status. The problem is with the Deep State or the establishment, they don’t want to let go of the exorbitant privilege.
What it all boils down to is that this government has broken faith with the American people. They are not ‘our’ Government. They are traitors and thieves and serve the Oligarchs and are as bad as any third world crap hole you care to think of. We owe them nothing and neither do we owe them the fraudulent debt taken out in our name.
Just consider that we are operating behind the lines in enemy territory and conduct yourselves accordingly. We might not get justice in this lifetime but God keeps a set of books that can’t be cooked.
Luk 12:2-3 For there is nothing covered, that shall not be revealed; neither hid, that shall not be known. Therefore whatsoever ye have spoken in darkness shall be heard in the light; and that which ye have spoken in the ear in closets shall be proclaimed upon the housetops.
GREG: A Question.
After listening to Dr Skidmore I began to wonder. Might some of this black money be going to finance Deep State projects??
I believe it was Dr. Paul Craig Roberts who stated on this site that you cannot analyze rigged markets. We know that the government numbers on inflation, economic growth, unemployment, etc. and etc. are made up. Add to that the fact that government accounting is completely flawed that even under the best circumstances the numbers would be suspect. So, we know that nothing makes sense anymore and trying to analyze it only serves to drive you crazy. Will this ever be addressed? Just look at how the establishment and the deep state are going completely berserk over Trump and he hasn’t even scratched the surface. No, it is apparent that everything and everyone will be sacrificed to keep the ball rolling. They are so very close to attaining their goal and most people are completely unaware and/or uninterested in what is happening. What it the truth? You pointed us to the truth some time ago; Ephesians 6:12.
Trump states: “I feel badly for General Flynn. I feel very badly. He’s led a very strong life and I feel very badly…I will say this, Hillary Clinton lied many times to the FBI. Nothing happened to her. Flynn lied and they destroyed his life.” … General Flynn should change his home address to a location in a California sanctuary city … then like Pocahontas say he found that in his family tree “he is really of Mexican decent” … ask for a trial by jury in his venue and explain to the jury that his gun remained in its holster and didn’t even fire or kill anyone when he was talking to the FBI … and he will likely get a full acquittal !!
On second thought … it probably won’t work … because he is a “legal citizen” and didn’t kill anyone!
Paul, evidently, all you have to do is cross the border illegally and you get all the rights guaranteed to the citizens under the Constitution. That illegal bastard better pray he didn’t hurt one of my daughters as I would move heaven and earth to get that “undocumented piece of shit”. If the family of that fine girl read this know I cried when the story broke, my prayers are with you all!
Our society is being run by a completely irrational system that thrives upon deception, fraud and obfuscation; I guess it is time to start living a life that accounts for such a fact as fully and completely as possible…the rest is up to God.
You cant make all the crap that is happening today up. Time for Martin Armstrong!
Serious turn of events in M.E.:
A powerful figure in Yemen was killed by Iran’s Militias known as Huthis today.
This will set the stage for an all out take over by Iran to Yemen, and indicates that the Saudi’s war is stalling and soon enough it will be inside the Gulf and Saudi Arabia. that will set the world’s stage for massive shortage in oil and will sky rocket it to 200+ .
Iran is closing in on Saudi Arabia and my thoughts i put here years back are materializing.
I believe you. I think you are spot on. OPEC is breaking apart.
Mohammad … The problem the immoral Saudi’s have is … they think the Iranians are a bunch of dumb asses (like unprincipled Americans) … they have a lot to learn … they are dealing with very moral, intelligent Persians who will not be bullied or stepped upon by greedy warmongers any longer and will fight tenaciously for their right to exist without western neocon governments always trying to do “regime changes” on them … lets see how the Saudi’s like “regime change” imposed upon them … two(2) can play the “regime change” game … even Saudi genocide in Yemen will not stop the Yemenise from throwing the Saudi’s out (who did a “regime change” in their country and installed a Saudi puppet)!!
Your right Greg … we are not “all” unprincipled … and yes the Iranians are “on the border” of Israel … but isn’t Israel “inside the border” of Syria (Iran’s ally)?
Greg and Paul,
The coming days are crucial, very crucial and it will yield a major milestone step Trump had been entertaining for a while and likely will do in the coming few day and that is the transfer of the American Embassy to Jerusalem which will be an indication of deserting the Saudi regime and throwing them under the bus.
Let us keep in mind that Saudis are the guardians of the Muslim major 3 cities which one of them is lost ( Mecca, Almadina, Jerusalem) and the transfer of the embassy is a slap in the face of the saudi Regime despite the trillions they put on the table of trump in the form of businesses.
It is no secret that the west (including US) ALLOWED the expansion of Iran in M.E. when they removed by force and military its fierce enemy Saddam of Iraq. Also they allowed the Yemen to go under the influence of Huthis by recognizing them as a political faction instead of declaring them as terrorist glove of Iran’s fist. same goes for the other glove that same fist has in Lebanon which is Hizbulla.
that all been said the writing is on the wall and that is the regime change in the gulf states and Saudi Arabia included is coming and coming fast, especially when Saudi Arabia IS NOT ABLE TO SWAY THE DECISION OF US EMBASSY TRANSFER TO JERUSALEM which makes Saudis look weak in the eyes of Muslims allover the world and eventually is a huge nail in the coffin of the royal family.
Everything is heading in that direction, and the wealth of the gulf states and Saudi Arabia is soon to evaporate with the coming inferno in the gulf.
THAT WILL PLAY IN THE HANDS OF IRANIANS.
Now comes the punch line:
Arabs throughout history show their real power when they hit rock bottom.
They will lose wealth for sure , they will lose blood with the coming inferno in the gulf for sure, but (mark my words that I am keeping here for the record) THEY WILL BOUNCE BACK WHEN THE THREAT GETS TO THE BORDERS OF MECCA AND AL_MEDINA.
Just a thought am putting here, JMHO.
Persia is a stirring giant. The Saudis have no culture by comparison.
I’ve been trying to get more information about US aircraft carrier capability and our nuclear defense. After week of off and on sourcing, these two articles sum it up. Not included was the USS Donald Ross Black Sea incident circa 2014, 2015.
When all analysis points to sub-par offensive and defense capability, all one is left with is propaganda aligned with worsening conditions with North Korea (H.R. McMasters) or attempts to remove all dependents from South Korea (Lindsay Graham).
Is this what we’ve achieved with the stolen $21 trillion-plus? Somehow, I doubt this sum went into weapons programs, but let’s not be petty.
Kim Jong-Un must have an inkling of US capabilities, and one can only guess with some concern how he’ll respond. The US-South Korea war games might go “hot” by convenience, soon.
It wouldn’t surprise me at all to find out that Lockheed Martin made a big contribution to Hillary’s Charitable Foundation (to have Bill provide N.Korea with nuclear weapons, ICBM’s and guidance technology) so that they could sell their THAAD anti-missile systems to every State of the Union … so how long do we have to wait before we begin investigating “that nice ladies” Charitable Foundation?? … how long does it take to “wipe clean” all the incriminating evidence of “collusion for profit” by the Military Industrial Complex from Clinton Foundation servers and computers???
GREG: We gotta hear from CAF now, hearing her input on this. This is the most informative interview.
You gotta have this guy back every couple months fore updates.
Does Dr Skidmore need financial aid on this project. I for one would be willing to donate.?
PS. I already donate to you.
Usually when we can’t reconcile our check book we are off by .05. At that time we might give up and make “an adjustment “. I can’t image saying man, I don’t know where that $24,567 went I’ll just make an adjustment. What!! And these people are not fired or in JAIL!
I was Chief of Tax Accounting for a state agency. We balanced to the penny….that is not just a cliché…..that is a fact! Sometimes, being off .05 is $568,987.65 to the plus and $568,987,60 to the minus for a net difference of .05 (or multiple combinations thereof). However, having prepared reports for the Feds (via their guidelines), I don’t question Dr. Skidmore one little bit.
I have to commend you on this guest. Excellent Work!! Have to say that I have thought some of your other guests were a bit on the wacko side. Aliens and planet x type, lol.
You hit it out of the ballpark with this guy. Looking forward to see how this story progresses. Like what kind of responses your other listeners get when they bring this story to their congressmen.
Greg … Steve Quayle was a good start … now you should get Joseph P Farrel on as a guest … his latest take on the missing $21 Trillion is that a hidden system of finance exists … that makes the federal government increasingly dependent on the Federal Reserve (a private company) to provide funding for government agencies … thus breaking the Constitutional restraint on the budgetary process (where the people through their Congressional representatives had the power of the purse) … instead we have the Fed central bank controlled by the Rothschilds monetizing our debt and subjugating America to do their bidding under the code word of “national security” … as Farrel says: “In effect, this reduces the federal government to the status of a “front organization” whose primary purpose is now to become the money laundering system for this hidden (Rothschild controlled) system, and that’s the root of the problem … the revenue streams from the hidden system and the public taxation system have been (illegally and un-Constitutionally) mingled”.
Where is David Stockman on this matter?
If you cannot get David Stockman to comment on this matter, then it is extremely suspect?
But then again, look what Hillary Clinton got away with?
Not sure whether the compass or altimeter are working correctly any more?
Anyone interested in bitcoin…please read this!
GREG: New subject.
In regards to DACA, let the dreamers earn their citizenship by enlisting in a branch of our military, and completing the length of that enlistment.
It could be Greg, that we see Mr. Vladimir Putin and Mr. Xi Xinping of Russia and China respectively, announce that there nuclear forces have gone to US equivalent of DEFCON I.
Honestly, I expect it within two or three days. I doubt US MSM outlets will cover it. No reason to concern the ignorant masses. These tensions are concurrent with increasing highs in US financial markets– almost daily.
I’m under the impression from Russian friends that emergency disaster drills are to beginning anew come Thursday and beyond.
Thanks for the excellent article. My husband thinks trillions of dollars are being spent on US government anti-gravity aircraft. These aircraft are often reported as UFO’s. This is military technology that we have not been told about and is funded by the taxpayers. What are your thoughts?
Very informative interview. Just Brilliant
Although I will send the link for this article to my friends. I do not exect anyone to listen to the interview or comment!
Very Very Frustrating
Missing Trillions?. . . Yes of course one is talking Federal Reserve cash injections rather than the real thing: Earned Income Dollars created through the proper monetizing of real wealth at the level of Parity which happens to be the Law- 7 USC Sec 602, not followed, which is the working demonstration of the duty of Congress to determine the value of our money.
The following paper has vital graph of the real missing trillions, beyond other thefts, to what is the fundamental theft. The first paper is to the incoming Administration, as a solution. The 2nd presented to a Congressional Ag Committee. Please pass these to your Reps & Senators, Governors, candidates for higher office, fellow citizens, all others concerned with economic sanity and prosperity.
You may have discovered the bankroll for ISIS. Private mercenaries “independent contractors” cost some big bucks…
Didn’t HUD Secretary Carson state a few months ago he found a half trillion in unaccounted spending?
THEY became lawless when they created the lawless IRS and the Federal Reserve. Duhhh….
This multiplied the lawless government a hundred times over into the largest bureaucracy ever known to mankind.
The FERAL Government!
Your interview with Dr. Mark Skidmore was beyond profound!
I thoroughly enjoyed it. I’ve known Dr. Skidmore for a significant number of years. He is a man of great intellect and integrity. His behavior and style mirror his deep Christian values.
I appreciate that he presented the story by presenting factual information gleemed from the DoD, and HUD without making accusations, but rather positing questions based upon his knowledge of economics, finance and accounting for the public sectors. While he does point out the irregularities, and statistical deviations from the norms of public sector finance and accounting, he simply asks there are a significant amount of questions all this raises that need to be answered. In other words, he uses the Socratic method of inquiry vs. accusations of what may or may not have been going on within the DoD or HUD to have 21 Trillion Dollars in unaccounted funds? Dr. Skidmore’s findings certain sets one’s mind on fire of the possibilities of where it went? Why is there no accountability when it comes to this kind of thing? Will the whole thing just end up a whitewash?
Great job Greg and Dr. Skidmore!!
THE WORLD COULD USE ALOT MORE MARK SKIDMORES.
This is big. Somewhere between a few secret satellites and, more likely, Aries Prime Colony, Germans on Ceres – we are paying tribute, Cloning of high school sweethearts, Time Travel, ET trade, Human Slave trade off planet, US Navy Battle Fleets, Mind Control, Missing people….etc. etc…TRILLIONS of dollars means all of the craziest ideas are plausible.
Audits look at income versus expenditures.
If expenditures can not be accounted for, can income be accounted for?
Did this department actually receive any of these funds?
There was chatter on the web back then about some thing called the “Wanta Settlement” having to do with payback to an American ex-pat who loaned the US $4T (as in trillion) dollars to help undo the Soviets in President Reagan’s time in office.
Some of the sources included some highly respectable financial commentators who warned that Western governments were dragging their feet paying him back and the repercussions would be severe to the economy if not paid back. Then 2008 happened, leaving those who were following the story wondering if this was the predicted result of non-payment.
Given the size of the debt in this instance, it makes one wonder if there was/is a relationship .
(Yes this is posted later, but it’s still interesting.)
I saw your interview with Greg Hunter–also Kathryn Austin Fitts–I am wondering if you are familiar with Walter Burien and his studies of the CAFR reports. I have analyzed various CAFR reports [as related to a couple of regional issues in California–example: state of California with a $26 billion budget deficit 2009–I looked at the state 2009 CAFR–with $554 billion in liquid assets alone–in the unrestricted funds: I would be surprised if they are still publishing them– but you might want to take a look at what is probably much greater than the 21 trillion missing funds–and/or you find a link: http://cafr1.com/
A Comprehensive Annual Financial Report is a set of U.S. government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board.
Refreshing insight albeit disturbing facts. I suspect many Governments across the globe do this, imaging a few controlling the majority.
I watched the movie 1984 a few days ago, for the first time, disturbing to see we resemble that existence.
My thanks to you Greg for making my Sunday an enlightened one.