Where is the missing money and who is responsible? Seems like we have been here before, but for some unknown reason no one knows, or for that matter even cares. The White House, Congress and the people deserve an answer. The news media picked this up years ago, guess was way to increase ratings then, but so far no one seems to be actively following or even caring what happened to trillions and millions of tax payers dollars. Oh we've heard that same old song and dance over and over, especially around elections. But so far, no one has cared to follow up and really see where it's gone.

Who is really in charge and what being done?

The following agencies and offices in the chain are responsible but so far have not been held accountable.

LEGISTATIVE: Congress and Senate

Your representatives in Congress authorize the collection of taxes, the issuance of debt and budgets, and appropriation of funds. If the Executive Branch does not do what they authorize or appropriate, Congress has the power to cut off the money.

JUDICIAL: Supreme Court

Are Legal arm that insures legal and lawful operation and accounting under or legal system. They are in fact the one branch that helps balance our form of government and accountability

EXECUTIVE: President and Cabinet

The President and his cabinet are the administrators and are in fact the overall head agency that has the ability to cut off as well as approve of money, contracts or services that do not meet the requirements of the law. Their oversight and administration is as much a key as Congress to insure proper use and accountability of resources.

DEPARTMENT OF DEFENSE: DOD

The military arm of our government clearly falls directly under the President and Congress for proper use and administration of funds and resources it's given.

The list goes on and on of each agency and who they report to, but in the end Congress and the President are at the top of this chain.

What I'm about to tell you is not a case of few hundred or even few thousand of funds lost, miss used or diverted to other uses. I'm going to tell you the same thing that has been published and addressed by the same folks that they didn't know where it went. So far no one has had to find or account for any of it. We are not talking small sums here.

HUD (Department of Housing and Urban Development) is still missing $59.6 billion from FY1999.

Trillions missing from DoD!

"We reported that DoD processed $1.1 trillion in unsupported accounting entries to DoD Component financial data used to prepare departmental reports and DoD financial statements for FY 2000."

David K. Steensma

Acting Assistant Inspector General

for Auditing for the DoD

US Dept of Defense (DoD)

February 26, 2002

Billions missing from HUD!

"At the time we discontinued our audit work... An additional 242 adjustments totaling about $59.6 billion were made to adjust fiscal year 1999 activity."

Susan Gaffney

HUD Inspector General

US Dept of Housing

& Urban Development (HUD)

March 22, 2000

What does this mean?

Trillions of dollars in "unsupported adjustments" means trillions of dollars unaccounted for. What's going on? Where is the money? How could this happen? Where are the checks and balances? How much more has gone missing? Is this happening in the other government agencies too? What would happen if a corporation failed to pass an audit like this? Or a taxpayer? Who is responsible for this? Who can we trust to fix it? ...

This must be stopped! Cooked books affect everyone, not just those directly involved in the US government.

Lawmakers are targeting waste and fraud in government as good candidates for cuts in federal spending. Sen. Fred Thompson, R-Tenn., released a report showing $221 billion in wasted government money.

One of the reasons' that taxpayers are losing faith in government is because it can't be counted on to spend taxpayers' dollars properly, says Thompson. Some of the biggest ticket items in the wasted money include $90 billion in unpaid taxes and $12.6 billion in estimated Medicare overpayments.

Katrina contracts wasted money, House report says

70% were awarded without full bidding

19 contracts worth $8.75 billion were found to have wasted taxpayer money at least in part

Read complete article here:

http://www.boston.com/news/nation/articles/2006/08/25/katrina_contracts_wasted_money_house_report_says?mode=PF

WASHINGTON - a soon-to-be-released audit will show that at least $8.8 billion in Iraqi money that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, FOX News has confirmed.

The Department of Defense has come under fire after not being able to account for over $1 trillion dollars in financial transactions, as well as many tanks, missiles, and planes.

This clearly is the first time DOD has been under fire for accountability, But I ask, is this $1 trillion a part of the $2 trillion that Rumsfeld announced was missing on Sept. 10, 2001 a day before 9-11 which was convienent in timing to kill any such investigation into the missing $2 trillion.

Some of these are recent and others go back to even under last two admistrations. How can these be simple accounting errors? Who the hell is in charge? And why are the people, Congress, The President mad of this. Are they cooking the books? Do we have idiots spending and accounting for what was spent? Any bank would have been shut down long ago or for that matter any CPA should be able to account better than this. We are talking about enough money to make 80% of all Americans millionaires...

United States People:

Population:

295,734,134 (July 2005 est.)

current population :

Wake you folks and ask the hard questions and if you don't get the answers make sure you remember when its time vote. Let them know that too.

While we are on the subject of where's the money? What has and is being done about accounting for the oil money from Iraq? Keep in mind these questions were asked in 2005. Who is really in charge and trying to find the answers? Its for sure that Congress and Washington has turned a blind eye to billions that can not be accounted for, and its a safe bet the average Iraq citizen will never get any returns in cash or in rebuilding effort. US Government and Iraq's Government report the production of oil at around 1.5 million barrels a day. At less thn market prices this is still a lot of money each day. Where is it and who's getting it. It's for sure the Iraq citizen will never get any or the benefit. That alone is enought to not only rebuild much of the country but to pay each citizen a salary as well. No wonder the fight has gotten worse, these people are getting ripped off. And for sure the terrorist factions are playing this against the government there and US support. Where all folks that beleive in freedom and rights of the people?

MSNBC.com

What happened to Iraq's oil money? Former U.S. official cites ‘pervasive leakage' By Lisa Myers & the NBC investigative unit NBC News Updated: 3:17 p.m. CT Feb 17, 2005

After the U.S. invasion of Iraq, the United States took control of all of the Iraqi government's bank accounts, including the income from oil sales. The United Nations approved the financial takeover, and President Bush vowed to spend Iraq's money wisely. But now critics are raising serious questions about how well the United States handled billions of dollars in Iraqi oil funds.

Iraq's oil resources generate billions of dollars - money the United States promised to protect after overthrowing Saddam Hussein.

Now, Frank Willis, a former senior American official in Iraq, tells NBC News the United States failed to safeguard the oil money known as the Development Fund for Iraq.

"There was, in my mind, pervasive leakage in assets of Iraq, and to some extent, those assets were squandered," says Willis.

Willis helped run Iraq's Transportation Ministry. He says government agencies and private contractors had to be paid in cash because Iraq's banking system was decimated.

"A lot of money did get to the Iraqi people at the grass-roots level, and a lot of it got into the wrong hands," he says.

In one photograph, Willis and colleagues showed off a $2 million payment to a security contractor.

"It was time for payment," he remembers. "We told them to come in and bring in a bag. It reminded me of the Wild West."

In a series of reports on U.S. management of the oil money, auditors working for the United Nation's Iraq Advisory and Monitoring Board and the Inspector General of the Coalition Provisional Authority found: