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Yes, and that is what we know about. Large parts are "hidden" in the budgets of other departments.
The Will Smith film Independence Day had a theory about where some of that money to the military ends up, but that involves aliens.
The truth is likely to be far more sinister, even if it does come down to the usual greed and lust for power:
http://www.indybay.org/newsitems/2007/12/02/18464823.php
Even Rumsfeld has said the Pentagon cannot account for trillions:
"According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted.
"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.
http://www.cbsnews.com/stories/2002/01/29/eveningnews/main325985.shtml
This should suggest not only a way of financing the enormous bailouts for the economy, but should also suggest why these bailouts are necessary in the first place.
Must the working poor and homeless suffer for the next 1,000 years just so the generals in the pentagon have toy soldiers to order about in every corner of the globe?
And use them to rob people in other countries.
Yes, that's US foreign policy since WWII. It costs the average family of four over $10,000 per year, plus the occasional family member who very strangely feels compelled to sacrifice life and limb for the enrichment of war profiteers.
