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News The Pentagon's doctored ledgers conceal epic waste

  1. Dec 10, 2013 #1
    So many depressing stories lately. Make you wonder how you can have faith in anything.

    http://www.reuters.com/article/2013/11/18/us-usa-pentagon-waste-specialreport-idUSBRE9AH0LQ20131118

     
  2. jcsd
  3. Dec 10, 2013 #2

    phinds

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    Did you see the recent story about how corrupt Navy officers enriched a foreign businessman in return for various kinds of large bribes? I suspect that's the tip of the iceberg.
     
  4. Dec 10, 2013 #3
    I am not surprised to see this. Now they will probably waste money trying to stop the waste of money.:eek:
     
  5. Dec 10, 2013 #4

    mheslep

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    Perhaps part of the problem is size:
    Read more: Are Pentagon Civilians Really Behind the Pentagon’s Money Woes? | TIME.com http://nation.time.com/2013/06/04/a...ehind-the-pentagons-money-woes/#ixzz2n6vwwT3W
     
  6. Dec 10, 2013 #5

    Vanadium 50

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    You're probably kidding, but a lot of waste comes from the desire to eliminate waste. That's why the Army has warehouses full of stuff they don't need - because they will get creamed by OMB if they throw away a $1 item and a year later someone buys a similar $1 item. So we spend millions warehousing these items.
     
  7. Dec 17, 2013 #6

    phinds

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