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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


4 posters

    Ben Carson Finds $500 Billion (Billion!) In Errors During Audit Of Obama HUD

    Lobo
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    Post by Lobo Sat 08 Apr 2017, 2:57 pm

    Ben Carson Finds $500 Billion (Billion!) In Errors During Audit Of Obama HUD
    April 6, 2017


    Ben Carson was the first neurosurgeon to successfully separate conjoined twins, so, he's kind of a super hero.
    But apparently, he's also not a bad accountant.
    President Trump picked Carson to head the Department of Housing and Urban Development, whose budget grew by leaps and bounds under Barack Obama.
    In one of his first acts as HUD Secretary, Carson ordered an audit of the agency. What he found was staggering: $520 billion in bookkeeping errors.
    "The total amounts of errors corrected in HUD’s notes and consolidated financial statements were $516.4 billion and $3.4 billion, respectively," the auditors wrote.
    But there were plenty of other problems, too.
    There were several other unresolved audit matters, which restricted our ability to obtain sufficient, appropriate evidence to express an opinion. These unresolved audit matters relate to (1) the Office of General Counsel’s refusal to sign the management representation letter, (2) HUD’s improper use of cumulative and first-in, first-out budgetary accounting methods of disbursing community planning and development program funds, (3) the $4.2 billion in nonpooled loan assets from Ginnie Mae’s stand-alone financial statements that we could not audit due to inadequate support, (4) the improper accounting for certain HUD assets and liabilities, and (5) material differences between HUD’s subledger and general ledger accounts. This audit report contains 11 material weaknesses, 7 significant deficiencies, and 5 instances of noncompliance with applicable laws and regulations.
    The same problems were detailed for each of the last three audits, and the auditors say the continued problems “were due to an inability to establish a compliant control environment, implement adequate financial accounting systems, retain key financial staff, and identify appropriate accounting principles and policies."
    So, look for Carson to get out his scalpel and start operating. Or perhaps he'll use a machete.
    http://www.dailywire.com/news/15163/ben-carson-finds-500-billion-billion-errors-during-joseph-curl#
    zimi31
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    Post by zimi31 Sat 08 Apr 2017, 4:34 pm

    OMG!!! He needs to blow this place up and people need to be prosecuted!!! Can you imagine this is one agency...what the hell does the rest of the government financials look like...and they want more of our money...    freakEye Pokedrunk
    fonz1951
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    Post by fonz1951 Sat 08 Apr 2017, 7:40 pm

    a few years back the pentagon was exposed for paying $700.00 for claw hammers and $1200.00 for toilet seats and god knows what else. so yes, government spending is definitely rampant
    zimi31
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    Post by zimi31 Sat 08 Apr 2017, 7:44 pm

    fonz1951 wrote:a few years back the pentagon was exposed for paying $700.00 for claw hammers and $1200.00 for toilet seats and god knows what else. so yes, government spending is definitely rampant


    I know fonz, but it's so infuriating....
    fonz1951
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    Post by fonz1951 Sat 08 Apr 2017, 7:59 pm

    zimi31 wrote:
    fonz1951 wrote:a few years back the pentagon was exposed for paying $700.00 for claw hammers and $1200.00 for toilet seats and god knows what else. so yes, government spending is definitely rampant


    I know fonz, but it's so infuriating....
     we all collectively could change it, but, where would you even start. it runs so deep that it would take a miracle to fix it.
    zimi31
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    Post by zimi31 Sat 08 Apr 2017, 8:01 pm

    fonz1951 wrote:
    zimi31 wrote:
    fonz1951 wrote:a few years back the pentagon was exposed for paying $700.00 for claw hammers and $1200.00 for toilet seats and god knows what else. so yes, government spending is definitely rampant


    I know fonz, but it's so infuriating....
     we all collectively could change it, but, where would you even start. it runs so deep that it would take a miracle to fix it.
    Maybe 8 years of a Trump administration would be a good start....
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    Nakluagator
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    Post by Nakluagator Sat 08 Apr 2017, 9:25 pm

    We need to drastically downsize the federal government. The department of education could be almost completely eliminated through block grants to states. There should also be very limited involvement by the fed's with regards to healthcare/health insurance.
    Next you drastically simplify the tax code to where the dirty rotten scoundrels in the IRS are put on a leash.
    The federal government will always overspend, fail to complete it's mission on time or at all. It's the nature of the beast. Best we can do is put limits on it. Hang In There
    zimi31
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    Post by zimi31 Sun 09 Apr 2017, 10:38 am

    Nakluagator wrote:We need to drastically downsize the federal government. The department of education could be almost completely eliminated through block grants to states. There should also be very limited involvement by the fed's with regards to healthcare/health insurance.
    Next you drastically simplify the tax code to where the dirty rotten scoundrels in the IRS are put on a leash.
    The federal government will always overspend, fail to complete it's mission on time or at all. It's the nature of the beast. Best we can do is put limits on it. Hang In There

    Totally agree!!!

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