Saturday, March 22, 2008

Darn facts...again

So far, in this book, the most disturbing fact for me was the revelation that the Pentagon, the War Department uses a ‘cash’ accounting system. Money in and money out. Now, no one in business does this. In most cases it’s illegal. You have to use the accrual system of bookkeeping. But…if they used accrual, they wouldn’t have any funds for wars. They have to use an illegal bookkeeping system. So?

(I have to stop writing that...but it is such a temptation! OK, no more 'So?' for awhile)

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