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Showing posts from August 17, 2016


Some people say that the last time this happened was WTC towers in 2001. That was about half then - about $3.3 trillion they couldn't account for. The fact that no one's talking about this is alarming. 
Here is the official full report from the OFFICE of INSPECTOR GERNERAL: 07-26-2016
Financial Management Army General Fund Adjustments Not Adequately Documented or Supported (Project No. D2015-D000FL-0243.000) DODIG-2016-113 View printable version 
We determined whether adjustments made to Army General Fund (AGF) data during the FY 2015 financial statement compilation process were adequately documented and supported. In addition, we assessed the internal controls over the compilation process. 
The Office of the Assistant Secretary of the Army (Financial Management & Comptroller) (OASA[FM&C]) and the Defense Finance and Accounting Service Indianapolis (DFAS Indianapolis) did not adequately support $2.8 trillion in third…

China, ASEAN eye South China Sea code of conduct in 2017

China and the Association of Southeast Asian Nations (ASEAN) plan to resolve disputes on the South China Sea by the middle of next year through using a regional framework of regulations.

Senior officials from China and the 10-member grouping held a meeting in Manzhouli, a land port city in northern China, on Monday and Tuesday to discuss the implementation of the Declaration on the Conduct of the Parties in the South China Sea (DOC), Chinese media reported.

The DOC was signed in November 2002 as a code of conduct for all parties involved in the South China Sea issue.

Both sides agreed to get the framework for the code of conduct done by mid-2017, and also approved guidelines for a China-ASEAN hotline for use during maritime emergencies, according to China Daily.

They also agreed that a pact on unplanned maritime encounters, signed in 2014 by countries in the region, be applied to the South China Sea.A ship (top) of the Chinese Coast Guard is seen near a ship of the Vietnam Marine Guard in…