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Thread: The 25-Day Government Massacre: DOGE Just Found the Money (Full Breakdown)

Originally Posted by GaiaGoddess

IMPLEMENTING THE PRESIDENT’S “DEPARTMENT OF GOVERNMENT EFFICIENCY”WORKFORCE OPTIMIZATION INITIATIVE, EXECUTIVE ORDER https://www.whitehouse.gov/president...on-initiative/

2/18/25: Response from President Trump on DOGE findings:

MEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES
https://www.whitehouse.gov/president...agencies-7c05/

SUBJECT: Radical Transparency About Wasteful Spending
The United States Government spends too much money on programs, contracts, and grants that do not promote the interests of the American people. For too long, taxpayers have subsidized ideological projects overseas and domestic organizations engaged in actions that undermine the national interest. The American people have seen their tax dollars used to fund the passion projects of unelected bureaucrats rather than to advance the national interest. The American people have a right to see how the Federal Government has wasted their hard-earned wages.

I therefore direct the heads of executive departments and agencies (agencies) to take all appropriate actions to make public, to the maximum extent permitted by law and as the heads of agencies deem appropriate to promote the policies of my Administration, the complete details of every terminated program, cancelled contract, terminated grant, or any other discontinued obligation of Federal funds. Agencies shall ensure that such publication occurs in accordance with all applicable laws, regulations, and the terms and conditions of the underlying contract, grant, or other award.

D.O.G.E. Clock is now on the U.S. National Debt Clock : Real Time Site \ Upper Left Quadrant




U.S. National Debt Clock

U.S. National Debt Clock : Real Time

• US National Debt Clock : Real Time U.S. National Debt Clock

Originally Posted by Airbornesapper07

D.O.G.E. Clock is now on the U.S. National Debt Clock : Real Time Site \ Upper Left Quadrant U.S. National Debt Clock

That's good--It's gold colored and has the DOGE icon
It shows $111 Billion savings right now.

Thread: Elon Musk’s DOGE uncovers $4.7 Trillion in untraceable federal spending, followed by

Originally Posted by Airbornesapper07

Thread: Elon Musk’s DOGE uncovers $4.7 Trillion in untraceable federal spending, followed by

From the article:
"In response to DOGE’s investigations, Democrats have filed lawsuits to block the agency’s access to federal data."

My comment:
It is particularly egregious that the Democrats would file a lawsuit to hinder this much needed audit, especially when the findings are spectacularly fraudulent.

D.O.G.E. Clock powered by DOGE Tracker - dogegov.com

Department of Government Efficiency Live Tracker

$55.00 Billion Tax dollars saved

498 Days remaining

366.67 Per taxpayer

1,201 Initiatives

Source: doge.gov/savings

$0 $1T $2T

*All values based on X.com/DOGE data. Not official data (yet).

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DOGE is right to defang the CFPB

02/21/2025 // News Editors // 280 Views

Tags: big government, CFPB, conspiracy, corruption, deception, deep state, DOGE, Donald Trump, Elon Musk, finance riot, money supply, politics, progress, rational, traitors, Tyranny, Xpost



With a big tech-powered magnifying glass on federal websites, spending contracts, and government payment systems, Elon Musk’s band of DOGE system admins have been turning Washington inside out in their hunt for waste, fraud, and abuse. One of the most prized agencies on the chopping block is the Consumer Financial Protection Bureau, heralded by progressives as an indispensable force for helping consumers wronged by financial institutions, but derided by fintech investors and conservatives as little more than a government “shakedown agency.” Consumers will be better off without the CFPB breathing down the neck of American companies.

(Article by Yael Ossowski republished from RealClearWire.com)

Since the inauguration of President Trump, the CFPB’s temporary leadership put an immediate halt on all work, also informing the Federal Reserve, which directly funds the agency, that it would no longer seek new funding.

Sen. Elizabeth Warren, the intellectual force behind the agency’s founding, has been apoplectic. She’s argued that Trump is “firing the financial cop on the beat that makes sure your family doesn’t get scammed.”

The origin of the CFPB goes back to the rubble of the 2008 financial crisis when legislators saw this proposed agency as a viable response to the populist backlash engulfing Washington and Wall Street. Instead of penalizing wrongdoers, Congress funded bank bailouts and launched a “watchdog” group. The 2010 Dodd-Frank Financial Reform Act mandated new standards for lending, restricted capital that could be tapped for bank loans, and created the CFPB to police consumer finance.

All functions performed by the five former federal banking supervisory agencies were rolled into the CFPB, granting it sole jurisdiction over non-depository firms and financial institutions with over $10 billion in assets. This empowered the agency to issue regulatory guidance, demand information from financial institutions, and launch civil actions in federal court.

Supporters of the CFPB point to an impressive record of close to $20 billion in consumer relief, as well as an additional $5 billion in civil penalties. Without the CFPB, fraudsters and scams would metastasize and consumer injustice would run wild, so they say. But this couldn’t be further from the truth.

As a regulatory agency with civil litigation authority, the CFPB is emboldened to file high-dollar lawsuits against financial firms. An estimate of the CFPB’s database of enforcement actions reveals that roughly 85% of all cases are settled out of court before a final ruling.

Companies often choose to settle, but this shouldn’t be mistaken for an admission of guilt. In a litigious society such as the United States where companies are routinely targeted in frivolous lawsuits, the court of public opinion matters just as much as the court of law.

Firms prefer settling cases over having their name dragged through the mud for months on end in the media, something tort lawyers call a “nuisance settlement.” These expected costs are baked into large firms’ financial projections and are sometimes factored into pricing their goods and services for consumers.

The CFPB is more akin to a state-backed tort law firm that can tap the nation’s central bank for resources while exploiting its do-gooder reputation for easy "Google Page Ranking" victories.

Rather than smart regulatory guidance to oversee a new generation of consumer finance firms, CFPB has relied on quick settlements out of court to squash innovative upstarts.

While CFPB enforcement has been successful in penalizing banks and lenders for how loans are structured or advertised, it does not take much imagination to see how this has impacted the investing climate for new competitors. Since CFPB’s founding, there are now 35% fewer financial institutions remaining for consumers to choose from, down from 15,000 to just roughly 9,000 today.

While there is high consumer demand for fintech, payment apps, and account offerings, including Bitcoin and cryptocurrency banks, CFPB’s chilling actions have slowed that innovation, leading to the recent calls for the agency to be gutted. And they’re right.

Most of CFPB’s functions are mirrored at the FTC on everything but finance. Regional Federal Reserve banks are also responsible for bank oversight and regulation, not to mention state banking regulators. Existing regulators have the reach, experience, and know-how to police would-be fraudsters and outright deceptive practices among banks. Why not let them?

For consumers who want next-level services and financial products, there is no question that CFPB’s litigious approach has impacted their ability to access credit and financial services. There must be a better way to regulate our financial institutions and protect consumers than a tort law firm with government authority. Congress could fold elements of the CFPB into the FTC, OCC, or even FDIC, and bad actors will still be policed.

Consumers deserve to be protected, and they will be, but they also deserve a regulatory structure that rewards innovation and brings financial products to market that they can choose between.

The CFPB is due for defanging.

Read more at: RealClearWire.com

DOGE is right to defang the CFPB – NaturalNews.com

DOGE exposes 4 million credit cards racking up $40 billion in Fiscal Year 24

02/21/2025 // Willow Tohi // 520 Views

Tags: big government, corruption, credit cards, debt bomb, debt collapse, deep state, DOGE, government spending, government waste, money supply, Musk, Trump

• The U.S. government operates over 4 million active credit cards/accounts, responsible for 90 million transactions totaling $40 billion in Fiscal Year 24.
  
  
• The Department of Defense leads with 27.2 million transactions across 2.4 million accounts, followed by the Department of Veterans Affairs, Department of Homeland Security and General Services Administration.
  
  
• Government waste and corruption have roots in post-World War II expansion and the Cold War, with modest reforms under the Clinton and Bush administrations, and more substantial but limited efforts under Obama.
  
  
• Trump’s memo on transparency and accountability aims to disclose details on terminated programs and contracts, highlighting wasteful spending like electric vehicle charging stations and LGBT projects.
  
  
• The Department of Government Efficiency is simplifying programs, reducing administrative costs and recovering taxpayer funds misplaced by the previous administration, totaling $1.9 billion.

In a shocking revelation that has sent ripples through the halls of Capitol Hill and beyond, Elon Musk’s Department of Government Efficiency (DOGE) has exposed an unprecedented level of government waste and inefficiency. According to a recent X post by DOGE, the U.S. government currently operates over 4 million active credit cards and accounts, responsible for a staggering 90 million transactions in Fiscal Year 24, totaling $40 billion in spending.

The scope of the problem
“The U.S. government currently has ~4.6M active credit cards/accounts, which processed ~90M unique transactions for ~$40B of spending in FY24,” DOGE stated in a tweet that has garnered over 3.1 million views. This revelation is not just a number; it represents a systemic issue that has been simmering beneath the surface of American governance for decades.

The breakdown of credit card use across federal agencies further illuminates the extent of the problem. The Department of Defense (DoD) leads the pack with the highest number of transactions, accounting for approximately 27.2 million purchases made across 2.4 million accounts. Other agencies with significant transaction volumes include the Department of Veterans Affairs, the Department of Homeland Security and the General Services Administration.

Historical context: A legacy of opulence
This news is not just a current scandal but a symptom of a long-standing issue. The roots of government waste and corruption can be traced back to the post-World War II era, where the expansion of the federal bureaucracy and the Cold War necessitated increased spending. Over time, this spending became less about national security and more about maintaining a bloated, inefficient government apparatus.

The Clinton and Bush administrations made modest efforts to streamline government operations, but significant reform was often bogged down by partisan politics and entrenched interests. The Obama administration’s push for digital transformation and transparency made some inroads, but the true extent of government waste remained hidden from public view.

The Trump administration’s efforts to address this issue gained momentum with the creation of DOGE. President Donald Trump has long criticized the federal bureaucracy, describing it as a "Deep State" that operates against the interests of the American people. His recent memo directing government agencies to be "radically transparent" regarding their spending underscores this commitment to accountability.

A call to action: Trump’s crusade against waste
Trump’s memo, titled "PROMOTING TRANSPARENCY AND ACCOUNTABILITY," is a bold step in the right direction. It requires all departments and agencies to disclose details about terminated programs, cancelled contracts and discontinued grants to the fullest extent allowed by law. The memo asserts that the federal government "spends too much money on programs, contracts and grants that do not promote the interests of the American people."

"For too long, taxpayers have subsidized ideological projects overseas and domestic organizations engaged in actions that undermine the national interest," the memo states. "The American people have seen their tax dollars used to fund the passion projects of unelected bureaucrats rather than to advance the national interest."

The memo highlights several examples of wasteful spending under the previous administration, including:

• Electric vehicle charging stations: The Biden administration spent billions on electric vehicle charging stations, yet only a fraction were completed.
  
  
• Environmental justice grant: The Trump administration recently canceled a $50 million environmental justice grant to an organization that believes “climate justice travels through a Free Palestine.”
  
  
• USAID grants: Numerous USAID grants have come under review, including $1.5 million to “advance diversity equity and inclusion in Serbia’s workplaces and business communities.”
  
  
• LGBT projects: The Biden administration gave nearly $4.6 million to help foreign groups promote LGBT projects like drag shows and pride parades.
  
  
• $20 billion parked funds: The Trump administration found $20 billion parked at a financial institution by the Biden administration to fund partisan pet projects.
  
  
• Contract cancellations: Trump’s Department of Education canceled $881 million in unnecessary contracts, including a $4.6 million contract just to coordinate Zoom and in-person meetings.
  
  
• DOGE’s recoveries: Trump’s DOGE has already recovered $1.9 billion in taxpayer funds “misplaced” by the Biden administration.

The path forward
DOGE is not just exposing the problem; it is actively working to simplify the program and reduce administrative costs. "We are working with these agencies to simplify the program and reduce admin costs," DOGE stated. The department plans to provide an update on its efforts in one week, a timeline that underscores the urgency of the situation.

Trump’s administration is also taking a broader approach to government reform. The 10-to-1 deregulation initiative, which ensures every new rule is justified by clear benefits for taxpayers, is a critical component of this effort. The administration is aggressively investigating Biden-era programs that wasted billions of taxpayer dollars on inefficient and politically-driven projects, canceling unnecessary government contracts and grants that do not serve the national interest.

Conclusion
The revelation of 4 million government credit cards and $40 billion in spending is a wake-up call for the American people. It is a stark reminder of the need for transparency, accountability, and reform in our federal government. Trump’s actions, through DOGE and his broader reform agenda, represent a crucial step toward restoring the trust of the American people in their government. As the administration continues its efforts, one thing is clear: the days of government waste and corruption are numbered.

Sources include:
TheNationalPulse.com
X.com
ThePostMillennial.com
WhiteHouse.gov

DOGE exposes 4 million credit cards racking up $40 billion in Fiscal Year 24 – NaturalNews.com

See this Alipac post for news on DOGE:

USA Watchdog | Greg Hunter: DOGE Forces US Bankruptcy Reset with Bill Holter

https://www.alipac.us/f19/greg-hunte...-shots-425794/