I made a $10,000 payment to close out mine a few years ago. Turns out I was right that Biden wouldn't do anything meaningful on that front, and I was tired of being gouged on the interest.
I still support cancellation though. I wish we were spending 200 billion on that instead of another country's war.
Dude you know they were referring to covid relief and not LOANS. "On what grounds" they said, obviously that's not referring to paying back a loan and instead on what grounds would you have to pay back RELIEF funds.
"Why do we have to explain a $880,000 missile that bombed a villiage full of brown people? Or a $72,000 drone made out of consumer parts but the company is owned by my cousin?"
it's worse than that, they don't know that they don't know. literally no one ever holds them to account, they've never been asked the question so why would they need the answer.
Probably bcz the military has all the guns. Who exactly is supposed to hold the group accountable when they could just point a weapon at you and your entire family?
That 'we don't know where 2 trillion went' is a myth--that number represents accounting reconciliations between their myriad of different archaic and highly secured systems. It doesn't mean that actual resources are missing or can't be accounted for.
Yeah that money came from Iraqi oil sales. And seems to have likely gone to (mostly) Iraqi contractors and Iraq government. It was literally their money going back to them. The accounting was not well documented. But once again, the money isn’t missing. And it definitely wasn’t money collected by the IRS from taxpayers.
It's an infestation of unconnected dots that could hide countless incidents of corruption. Were we to connect them all and compute the sum of adjustments, the discrepancy could be smaller or greater, exponentially.
The problem is our government favors the DoD like a prodigal son and is not eager to facilitate an audit that might reveal trillions in corruption. It already doesn't like the published records of trullions in bad investments while leaving our troopers with insufficient armor and a DVA that leaves IED victims to the streets and the elements.
So until I see otherwise, I'm going to assume that's trillions going to defense contractor lobbyist junkets and bribes.
That doesn't really matter though. The point still stands regardless of if it's explained by money literally disappearing into a hole or huge rounding errors and inefficiencies in their accounting systems.
They are still allowed much much more leniency with much larger amounts of money (aren't they aren't ever properly held to account for it) than regular people are allowed with comparatively tiny amounts of money.
A big part of it is reporting requirements, despite what some people think different portions of the government have different requirements. The reason a person gets inquiries about Venmo payments is because the IRS requires corporations to report that information to them and it's a mainly automated process.
Regulatory reporting requirements of Corporations to the IRS can't be copy pasted onto Pentagon spending reconciliation.
A better comparison, that is still not accurate, would be a cash business that has to report income to the IRS and has trouble getting granular details organized.
Complaints about transparency and accountability on the Pentagon budget are a valid complaint, but this is a poor example.
Good, this is going to be so annoying. If I send my roommate $1000 to cover my portion of rent (which I used to do every month at my last place) it's not fucking "income" for them lol.
I just got a notification from eBay that said they won't release my money from selling until I provide them with my SSN or tax ID because I've sold over $600 this year. It was probably like a total of $602 because I rarely ever sell anything on there except old tech stuff when I really need money.
On the other side of the meme, why shouldn't money obtained via a 3rd party platform need to be reported to the IRS? I don't understand the complaint.
Is your business suddenly special and tax-exempt just because you sell your custom knick-knacks on Craigslist on or accept venmo for your at-home dog grooming service or whatever?
The joke is that they hold taxpayers to ridiculously high standards, to the point where the concept of $600 of unreported income is something the government will harass you for. While they can just accept billions of their own spending going unaccounted for without a second thought.
And yes someone running their own small business struggling to survive is not worth taxing. Even if they were paying "what they owe" they would contribute nearly nothing compared to the rich people. And suffer far more for it.
Value is contribution. Not explotation. Hiding that level prevents exactly that level and is no longer manipulative. Especially not the proffesional wall street level of exactly that kind of slavery which totally cannot be done in capitolizm.
Well Gary Webb would have had a good argument about the CIA's history of exactly that but he commited suicide by shooting himself in the head. Twice. Two weeks before he was going to court as a journalist with evidence that the CIA was dealing cocaine to America.