Something I absolutely agree with Biden on: Joe Biden Calls For Free Public College For All

[Celerity]

14. The entire CUMULATIVE student debt's $1.5 trillion, that's roughly ONE YEAR'S security/surveillance

state budget.

Defence Department, CIA/NSA/FBI/DHS, off budget black ops, etc etc etc.

So much of that is grift and waste.


MSU SCHOLARS FIND $21 TRILLION IN UNAUTHORIZED GOVERNMENT SPENDING; DEFENSE DEPARTMENT TO CONDUCT FIRST-EVER AUDIT

https://msutoday.msu.edu/news/2017/msu-scholars-find-21-trillion-in-unauthorized-government-spending-defense-department-to-conduct/

Earlier this year, a Michigan State University economist, working with graduate students and a former government official, found $21 trillion in unauthorized spending in the departments of Defense and Housing and Urban Development for the years 1998-2015.

The work of Mark Skidmore and his team, which included digging into government websites and repeated queries to U.S. agencies that went unanswered, coincided with the Office of Inspector General, at one point, disabling the links to all key documents showing the unsupported spending. (Luckily, the researchers downloaded and stored the documents.)

Now, the Department of Defense has announced it will conduct the first department-wide, independent financial audit in its history (read the Dec. 7 announcement here).

The Defense Department did not say specifically what led to the audit. But the announcement came four days after Skidmore discussed his team’s findings on USAWatchdog, a news outlet run by former CNN and ABC News correspondent Greg Hunter.

“While we can’t know for sure what role our efforts to compile original government documents and share them with the public has played, we believe it may have made a difference,” said Skidmore, the Morris Chair in State and Local Government Finance and Policy at MSU.

Skidmore got involved last spring when he heard Catherine Austin Fitts, former assistant secretary of Housing and Urban Development, refer to a report which indicated the Army had $6.5 trillion in unsupported adjustments, or spending, in fiscal 2015. Given the Army’s $122 billion budget, that meant unsupported adjustments were 54 times spending authorized by Congress. Typically, such adjustments in public budgets are only a small fraction of authorized spending.

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60% Of House Democrats Vote For A Defense Budget Even Bigger Than Trump's

https://www.forbes.com/sites/eriksherman/2017/07/14/most-house-democrats-just-voted-for-a-defense-budget-far-bigger-than-trumps/#21b6bd4b6ea0


When income inequality combines with systemic and systematic redistribution of virtually all income growth to the wealthiest while their taxes are reduced, you've got a budget problem. People increasingly need help as the median household income remains flat, even as costs rise. Either you can literally write off the lives of poorer people, as the healthcare "reform" bills from the House and Senate effectively do, or you need to find ways to reduce other spending.

The single biggest section of the discretionary portion of the budget is military spending. For years the Pentagon has been incapable of fiscal responsibility. This is the body that, according to news reports last fall, tried to hide $125 billion in wasted spending over a five year program. It's the only agency in the entire federal government still unable to pass a financial audit. And it's handed the largest check even as the Cold War is long over, no other country has our military power, and major new weapons systems have been outright disasters and money sinks.

But big companies that make billions and billions of dollars a year shovel contributions at congressional representatives because it's a great investment. All that income only required $11 million in 2016 donations, with 38% going to Democrats and 62% to Republicans, according to OpenSecrets.org.


For the 2017 fiscal year that ends on September 30, the Obama budget called for $582.7 billion, which included a base budget of $523.9 billion and the "overseas contingency operations (OCO) budget" of $58.8 billion. The Trump administration wanted to add about $54 billion. As the Defense Department's own budget numbers showed, it requested $574.5 billion in base budget and $64.6 billion in OCO for a total of $639.1 billion.

Ah, the pikers. Today, the House passed a $696.5 billion defense bill that makes Trump's look positively reasonable in comparison.

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