Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (29) |
Author: bighairymike   😊 😞
Number: of 84361 
Subject: Re: Treasury Dept Payment System
Date: 01/31/25 12:23 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
We know exactly where the money is going and you can be sure the system is constantly being audited. = AW

----------------

BTW, Who is the "we" in your statement. It apparently is not the US Taxpayer.

And it is NOT the payment system itself that is being audited. It is using that system to identify specifically what payments are being made to who in what amounts. The effort is intended to identify, for example, contractors who are receiving massive payments year after year for vague services that could be scaled back or need measurable performance standards imposed, that sort of thing.

To find wasteful expenditures such as this:

Las Vegas City Council accepts $12M grant for pickleball complex at northwest valley park

Or such as this,

Holograms of dead comedians

The National Comedy Center in Jamestown, New York received more than $4.3 million from New York state, plus another $1.7 million in federal grants. The immersive museum will feature a look back at influential comedians—including via holograms showing off classic comedians in their heyday. Jamestown native Lucille Ball is among the comics celebrated at the museum.


BTW, I assume a well informed fellow like yourself is aware that the DOD has failed six consecutive audits. Oops, make that seven!

Nov 18, 2024 The Pentagon on Friday failed its seventh audit in a row, with the nation's largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they are making good progress toward a clean audit in 2028.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to bighairymike here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (29) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community