Untrustworthy Libtard Media Helps Coverup $520 Billion Democrat Waste Fraud & Mismanagement at Corrupt HUD

Untrustworthy Libtard Media Ignores $520 Democrat Billion Fraud & Mismanagement at Ultra-Corrupt HUD

Untrustworthy Libtard Media Ignores $520 Democrat Billion Fraud & Mismanagement at Ultra-Corrupt HUD

An audit of the Department of Housing and Urban Development by Dr. Carson found well over $500 Billion in waste, fraud and mismanagement at the HUD, but the corrupt libtard media will not report on the shocking audit findings that point to corruption and crimes being committed at the HUD.

The crimes and corruption at the Department of Housing and Urban Development must have been mainly caused by, or benefited Democrats, otherwise the corrupt libtard media would be all over the story.

So that leads us to wonder…. what Democrats would have benefited from the out-of-control corruption and mismanagement at the HUD, to the tune of a half a trillion dollars?

This isn’t even the “Fake News” that we are used to receiving from the corrupt libtard media.. no, instead this is “No News”, because the Democrat media arms would rather screw the American People than harm the Democrat party.

The mainstream media has neglected to report on a BIG find by Dr. Ben Carson. The Trump cabinet is a winning cabinet.

Dr. Carson dug into the agencies records in a sweeping audit wherein he found substantial bookkeeping “errors”, which only prove either the incompetence or the corrupt nature of the previous administration led by former-president, Barack Obama.

The HUD report found $500 billion in fraud and mismanagement in the government agency.

What We Found

The total amounts of errors corrected in HUD’s notes and consolidated financial statements were $516.4 billion and $3.4 billion, respectively. There were several other unresolved audit matters, which restricted our ability to obtain sufficient, appropriate evidence to express an opinion. These unresolved audit matters relate to (1) the Office of General Counsel’s refusal to sign the management representation letter, (2) HUD’s improper use of cumulative and first-in, first-out budgetary accounting methods of disbursing community planning and development program funds, (3) the $4.2 billion in nonpooled loan assets from Ginnie Mae’s stand-alone financial statements that we could not audit due to inadequate support, (4) the improper accounting for certain HUD assets and liabilities, and (5) material differences between HUD’s subledger and general ledger accounts. This audit report contains 11 material weaknesses, 7 significant deficiencies, and 5 instances of noncompliance with applicable laws and regulations.

We took a screenshot of the .pdf file that outlines the findings by Dr. Carson and his team:

So far the Trump administration has had opposition from the left and the mainstream media. This is just another example of the terrible reporting you can find from their mouthpieces.

Stand Up To Government Corruption and Hypocrisy – usbacklash.org