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So will we finally find the missing trillions from the pentagon budget or the billions from HUD? www.whereisthemoney.org

It seems to me that this is a perfect ploy to take control of the Internet.

The Federal Reserve is a private banking cartel (banking act of 1913) that get's money from the US congress (practically for free now that the gold standard is gone), and they loan it to other banks. When the US got into debt, they (the banks and others who have borrowed it) now collect $300 plus billion per year from Congress...who they got it from for free in the first place...

2004 Interest Numbers:

July $15,097,639,601.03
June $84,468,634,709.08
May $20,432,938,610.90
April $12,755,485,706.79
March $14,096,687,261.36
February $15,150,706,352.06
January $13,004,064,259.60
December $82,435,960,974.56
November $19,292,044,501.20
October $13,311,682,915.94
----------------------
FISCAL Year Total $ 290,045,844,892.60

see: http://www.publicdebt.treas.gov/opd/opdint.htm

Let's see... I'm thinking about giving control of my families bank account to my friend John (cause he's better at numbers than me)...

60 years later...My kids need to borrow some money...perhaps John (or his networked friends) can help us out?

Perhaps I should check into Johns background...and learn that the friends that he loans the money to are actually creating an environment which pushes me into debt...forcing me to borrow my own money back from him. Oh well, there isn't enough transparancy to see those connections...so I guess I'll just borrow the money cause times are tough...

The Federal Reserve is in big trouble. Transparancy is hitting them hard. Check out Where Is the Money?

And check out the collapse of the US dollar, which is an exact inversion of the success of the Dow Jones:
USDollar vs. DJI

If the Federal Reserve can move towards using the Internet, then the entire world financial system will be sitting on top of this network. Then if the system crashes...they can blame it on the Internet, and they can rebuild the entire system, banking and Internet, in one fell swoop.

That sounds like a grand conspiracy theory to me. And we know that conspiricies are now true, in the age of perpetual war;)

The money being "lost" due to P2P is chump change compared to the trillions of dollars that the US government cannot account for.

We can measure Hatch's sincerity by how quickly he moves to protect the millions of US children that are learning bad habits from the US government. Please tell him it is an important issue that needs his full attention until the matter of the missing trillions is resolved.

The military is really protective about their own privacy, but when it comes to snooping in on the regular communications of you and me, why, what is this privacy you speak of?!

Maybe they just don't want people to listen in on how many screw ups they keep making or how many trillions they've blown on torturing iraqis

It does compute.

According to its own auditors, the US Government is posting not millions, not billions, but trillions of dollars in "undocumented transactions." This means, the financial officers responsible simply have no idea what a particular financial flow was used for, or lack the paperwork to rule out fraud or theft.

The IT contractors that built the systems that can't keep track of the money (AMS, Dyncorp, CCC, CACI, and Lockheed Martin among others) have had their multimillion dollar "support" contracts extended year after year.

To quote:

From Department of Defense (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
February 26, 2002

From Housing & Urban Development (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
March 22, 2000

"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? ... see Frequently Asked Questions and Who's in Charge? for details."

whereisthemoney

Mel Martinez was the co-chair in Bush's Florida campaign. He's now running for US Senate. We should have many questions for him.

...if the military is going to use open source for all of this from now on does that mean we can get our $1.1 trillion back?