Pentagon finds accounting errors worth $2 billion in aid for Ukraine
As I sit down to reflect on the recent news regarding the Pentagon finding accounting errors worth $2 billion in aid for Ukraine, I can’t help but feel a mix of amusement and frustration at the sensationalized headlines that often miss the mark. Let’s get one thing straight – this is not a case of corruption or mismanagement of funds. It’s not like $2 billion magically disappeared into thin air. It’s more like a classic case of overestimating the value of the goods sent over to Ukraine over the past couple of years.
Imagine sending your old car to a friend, valuing it at the original purchase price from 15 years ago, only to later realize that its actual worth is significantly less due to wear and tear and depreciation.… Continue reading
John Q. Hosedrinker