Laurence Kotlikoff - Holding U.S. Treasurys? Beware: Uncle Sam Can't Account For $21 Trillion

The biggest welfare queen of them all.

Dave Lindorff dug into the issue, recently publishing the article “Exclusive: The Pentagon’s Massive Accounting Fraud Exposed” in The Nation. Based on a series of interviews with current and former government officials, Lindorff concluded that Pentagon accounting is “phony”, composed of made up numbers designed to obfuscate and thus propelling “US military spending higher year after year”.

Forbes 

Laurence Kotlikoff - Holding U.S. Treasurys? Beware: Uncle Sam Can't Account For $21 Trillion