Sunday, September 11, 2011

Reminder: 10 Years Ago Today, Pentagon Admitted to Losing $2.3 Trillion

Yup, it's true - on Sept. 10, 2001, Donald Rumsfeld admitted that the Pentagon couldn't account for up to $2.3 trillion it had been given - that's about $8,000 for every man, woman, and child in the US at the time, or a touch less than HALF OF THE TOTAL OUTSTANDING PUBLIC DEBT AT THE TIME. Holy sh*t.

According to the article at the time:
Rumsfeld promised change but the next day – Sept. 11-- the world changed and in the rush to fund the war on terrorism, the war on waste seems to have been forgotten.
I think that might be a bit of an understatement there, Mr./Ms. CBS Newsperson.

And since 2001, the US military budget has more than doubled:

I wonder how much the Pentagon wouldn't be able to account for now? But no one cares anymore, it seems. As a government employee, I'm continuously amazed at how the government must pinch pennies - except when it comes to military spending. It just makes no sense.

Anyway, this post is just a small aside - I'll have a real, reflective piece on 9/11 tomorrow.

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