Catherine Austin Fitts, a financial insider on various kinds of open and secret government budgets revealed much about the Black Budget at "The Secret Space Program Conference" last year. The videos of Donald Rumsfeld being questioned over deficits and missing money were remarkable. A butter knife was sharper than him.
The military has always overpaid for just about everything. Do you remember when the military paid hundreds of dollars for small items like hammers and toilet seats?
No one knows how much money is allocated to black projects or what the results are. If no auditor general is looking after the books, then waste could be happening at any level of a black project. This is similar to Canadian senator Mike Duffy using taxpayer money for whatever he pleased.
However, the biggest threat to world over the last 10 years wasn't terrorism, or nuclear weapons, it was the financial crisis of 2008-9 that almost brought down many of the world largest banks.
I wrote several blogs on this massive problem:"Time To Bring To Justice Those Who Were Responsible For The Toxic Paper","Time To Bring Law And Order To Wall Street", "The Top Ten Poster Boys Of The Financial Crisis".
If people are not punished and even rewarded for screwing up, situations like these will happen again, and again, and again.
I, therefore, recommend an objective third party to audit all black budget accounts dating back over the last 70 years. We deserve to know how well taxpayer's money has been spent.