Petition To: The White House and Congress
More than $1.1 trillion of
federal government money is missing. Our government leaders say they will not account for it. However finding this money could solve all of our
federal, state and local budget crises.
The Department of Housing and Urban Development Office of the Inspector
General has reported that HUD has not and will not account for $59 billion
of "undocumentable adjustments."
The Department of Defense Office of the Inspector General has reported
that DOD has not and will not account for $1.1 trillion of "undocumentable
The "undocumentable adjustments" made by these government agencies
are much like the balance adjustments many of us make when reconciling our
checkbooks. Except that the amounts are staggering: California's share of
the "undocumented adjustments" is $128 billion -- more than three times
its current $35 billion budget deficit. The average American's share of
the "undocumented adjustments" is almost $4,000 per person.
The fictional New Jersey mob family of The Sopranos television program
has shown how some people make money by defaulting and foreclosing on HUD
homes and destroying communities. Are the episodes of TV mobsters more
informative about HUD operations than HUD financial statements?
A General Accounting Office report found that the U.S. Army lost track
of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.
Are planes, tanks and missiles running away from home?
We, the undersigned, are being asked to pay for government corruption
and fraud. We are paying with taxes, unemployment, foreclosures and bankruptcies.
We are paying with cutbacks in services, deteriorating public infrastructure,
and declining quality of life in our neighborhoods. We are paying with
reduced health care and retirement benefits.
We worry about the effect of the federal government's deteriorating
financial condition on our children and grandchildren's financial security
and education and on our environment. Such significant financial corruption
is a national security issue.
US Citizens provide financial reports and supporting documentation to
the IRS annually, as required by law. We insist that the US government be held
to the same standard.
We demand a complete and accurate balancing of the books of all US
We want a full audited accounting of the real cash and assets that
should be in our national bank accounts and inventories.
Furthermore, we demand that all government financial data on the expenditure
of our tax revenues, the management of federal credit, and all agency
contractor budgets be made publicly available via open website access.
With citizen access to our financial data, we will find our money.
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Mainstream News Coverage
Pentagon Fights for (Its) Freedom
CBS News, May 19, 2003:
Military waste under fire $1 trillion
San Francisco Chronicle, May 18, 2003:
So much for the peace dividend
The Guardian, May 22, 2003:
Color Codes: The Deja Vu View - Back
San Francisco Chronicle, May 25, 2003:
HUD's Financial Woes Continue
Insight, April 18, 2003:
Government Fails Fiscal Fitness Test
Insight, April 29, 2002:
Congressman Kucinich on NPR's 'Morning
NPR, June 28, 2003:
Independent News Coverage
US's Missing Trillions Make Mainstream At Last
Scoop, May 26, 2003:
The Myth of the Rule of Law
Sanders Research Associates, August 12, 2002:
Questions for a Congressman
Scoop, July 4, 2002:
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