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DOGE’s Musk and his band of criminal cyber hacker youngsters claim to have saved $65 billion as of the end of February. According to them, they did it by “fraud detection,” firing employees, and canceling contracts. One problem with that, it’s an outright lie.
Let’s take the “canceled contract of “CulturePoint.” It’s a company that does “leadership in management” training and is listed on the Wall of Receipts as being a $10 million contract that was canceled. In reality, it was NEVER a contract because they were still negotiating the terms, and it was never $10 or even $1 million… the contract, had it been successfully negotiated and signed, would have been for $100,000. Apparently DOGE got carried away with the number of zero’s. Numerous other “receipts” are from contracts already paid and closed or were closed out by Biden, not DOGE, but they are taking credit for them.
Then there is the $650 million contract from USAID that is listed on the “receipt wall” THREE TIMES, a $232 million contract from Social Security that is really only $560, 000 and an ICE contract DOGE listed as $8 BILLION when in fact, it was a CREDIT of $8 MILLION, not BILLION, and certainly not a savings !
All in all, after DOGE had to remove scores of incorrect “savings data” (and there is still more left up on the wall), their $65 Billion in savings has actually barely been $2 BILLION. SO THEY ONLY NEED $998 BILLION more in savings to reach HALF of the $2 Trillion in savings they promised our of a $7 Trillion budget (not including the additional $5 Trillion more coming as the new tax breaks for the wealthy and corporations kick in, which will also further drain financial resources causing Social Security and Medicare to run out of money much earlier than originally anticipated, resulting in SS benefits being immediately reduced by 24% – 31% for current and future retirees.
Bogus claims of savings and the wholesale upheaval of federal workers, themselves US citizens but being treated as bastard step children, and often without regard to the jobs they do, has already jeopardized our nation’s security. For example, Department of Energy staff were fired but had to be found to rehire after it was discovered that they had top secret clearance working on our nuclear defenses and refitting nuclear warheads. Department of Agriculture staff were terminated, then had to be located to return to work after rescinding their terminations when it was discovered they were working on the Bird Flu epidemic.
These aren’t simple “mistakes” as Musk and Trump like to call them. A mistake would be calling someone by the wrong name, like Trump calling Kamala Harris, Nancy Pelosi. Placing our nation in genuine international and national danger is NOT the same thing. That is more succinctly referred to as cataclysmic screw up. It highlights the problem of giving people authority that far outreaches their functional abilities.
And that leads us to Cryptocurrency. Trump and the Republicans jumped all over Biden for signing an executive order that required Treasury to simply BEGIN to explore ways to protect the digital coin/cryptocurrency market so that it was not volatile and could be used safely by citizens without federal intrusion other than safety and stability regulations. It was a common sense way to figure out if we could move in that direction safely, securely, and with confidence our money would not be stolen or manipulated by bad actors. So what has Trump done with his new executive order? As usual, it’s full steam ahead. To he’ll with safeguards and public protection. He wants to create a bitcoin treasury that would store 1 million bitcoin by 2029. Of particular note here is the most recent news of the largest theft in the world’s history. $1.5 billion in cryptocurrency from the Saudi’s by North Korean hackers. This dwarfs the previous heist of $620 million in Ethereum cryptocurrency in 2022. Cryptocurrency is UNSAFE and UNSTABLE. It might be worth $1,000 today and 10 cents tomorrow, so you never know how much you have. And unlike paper money that can be traced by serial numbers, crypto currency is untraceable.
Prior to Trump’s inauguration, the SEC was investigating Coinbase, a cryptocurrency company that donated $1 Million to Trump’s inauguration. Last month, that investigation was dropped. The SEC was also investigating Justin Sun, a Chinese cryptocurrency entrepreneur. Last month, THAT investigation was also dropped without reason.
And while we are on the subject, Melania’s meme coin that went on sale weeks before the inauguration tanked. People who invested $13,000 for the coins at the open, are now holding $650 worth.
Also, there is evidence that billions were made on the stock market by betting on a decline called “shorting” the market. If you want to know why the tariffs are on again off again like a yoyo, look no further than Trump’s stock holdings. While the average American’s 401k was tanking due to his policies, those billionaires that shorted the Dow made out like the bandits they are.
Trump has never seen a corner he wouldn’t cut or a rule he wouldn’t break to further his interests. And if something happens, it’s always someone else’s fault. SO wake up America. You’re being fleeced.