Read full text: https://helenaglass.net/2024/08/22/the-financial-state-of-america-is-grossly-catastrophic/
 | The Financial state of America has been grossly defrauded to catastrophic levels that can not be fixed. The level of fraud is beyond $42 Trillion + helenaglass.net |
The DoD is MUCH WORSE: The auditors noted 66 pages of deficiencies and irregularities in the accounting process of the Pentagon Complex. Total Assets – $3,781,213,000,000 on Liabilities – $3,951,985,000,000 for a Net Wealth of $(170.77)Billion. Inventory valuations and PPE valuations account for $1.173 Trillion of total assets – which are accounted for under the DoD’s “Alternative Accounting Methodology”. DOD spending was $1.362 Trillion… – their budget was $858 billion resulting in an overspend of $504 Billion or – 59%.
Due to the extent of Pentagon Fraud – the Auditors could not provide an opinion.