Dr. Mark Skidmore (MSU Economist)
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An economist found $21 trillion in unexplained bookkeeping at the Pentagon and housing department.
Who they are
Dr. Mark Skidmore, an economics professor at Michigan State University.
What they do
He is the lead researcher on the mystery of missing federal money.
How it works
In 2017, working with Catherine Austin Fitts, he documented $21 trillion in 'unsupported journal voucher adjustments' at the Defense Department and HUD between 1998 and 2015, by comparing official financial documents against Inspector General reports. He found transaction volumes far larger than the budgets those agencies were actually given, gaps too big to be normal accounting.
Why it matters
His work is the backbone of the case that enormous sums move through the government in ways that can't be accounted for through routine bookkeeping.
The engine's record — word for word
Michigan State University professor of economics. Co-authored (with Catherine Austin Fitts) 2017 analysis documenting $21 trillion in 'unsupported journal voucher adjustments' across DOD + HUD, 1998-2015. Report #75: primary researcher on the missing-funding architecture. Methodology: cross-referenced government financial documents vs Office of Inspector General reports. Finding: DOD + HUD transaction volumes exceeded appropriated budgets by orders of magnitude that cannot be explained by routine accounting reconciliation.
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