Showing posts with label Bloomberg TV. Show all posts
Showing posts with label Bloomberg TV. Show all posts

Wednesday, February 19, 2025

DOGE uncovers $4,700,000,000,001.75 in Treasury payments that were missing tracking code


If you counted one second per number to 4.7 trillion, it would take 149,037 years! Don't believe me, ask Alexa.

Anyway, that's the number of dollars DOGE discovered in Treasury payments that were missing a critical code that makes "traceability almost impossible."

DOGE (the Department of Government Efficiency) announced Monday that the payments were missing a critical tracking code known as the Treasury Account Symbol (TAS), which is an identification code that links a Treasury payment to a budget line item, as DOGE explains, and says such a code is a "standard financial process."

“In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible,” read an X post from DOGE. Use of the TAS code is now mandatory, according to Elon Musk and DOGE.

The Musk-led project to curb waste, fraud, and abuse in the federal government said that in light of the discovery, use of the TAS code is now mandatory and whoever may have been putting money in their proverbial pockets will now have to show up and work for their pay.

“As of Saturday, this is now a required field, increasing insight into where money is actually going,” DOGE said, thanking the Treasury Department for its “great work” implementing the change.

Musk called the change as a “major improvement in Treasury payment integrity.”

“This was a combined effort of [DOGE, Treasury and the Federal Reserve],” Musk tweeted. “Nice work by all.”

The US Treasury Department, which facilitates trillions of dollars worth of government payments every year, was one of the first agencies DOGE began to audit after President Trump’s inauguration.

DOGE staffers at Treasury have been granted access to the department’s highly sensitive payment systems in an effort to root out waste, fraud and abuse, in spite of the Democratic Party wanting to keep the books hidden.


“This is not some roving band … This is methodical and it is going to yield big savings,” Treasury Secretary Scott Bessent said of DOGE at a Bloomberg TV interview last week.

DOGE recently proposed “deleting paper checks” at Treasury, arguing that it would save taxpayers “at least $750 million per year.”

The initiative noted that the Treasury Department must keep “a physical lockbox” to collect the more than 100 million checks it processes each year, which costs about $2.40 per check to maintain.

In fiscal year 2023, some $25 billion in tax refunds were delayed or lost due to returned or expired checks, according to DOGE.

Anyway, in case you're wondering, I was kidding about the $1.75 in the title--I don't want to exaggerate and make it sound so big.

People in Washington, D.C. have been freaking out and searching online how to clean their computer data from their own devices--seriously. They should contact Hillary Clinton for the best advice and purchase Bleach Bit and a hammer, just in case.

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Friday, December 29, 2023

Ousted UPenn''s board chair says donors shouldn't have say in policy even though that's isn't why they pulled donations


Scotty Bok, the UPenn's ousted board chairman says that donors shouldn't have a say in school functions after several of the wealthy businessman donors withdrew their donations to the anti-Semitic school after Jew-hatred incidents occurred on campus and their now ousted president Liz Magill, refused to say whether calling for Jewish genocide constituted harassment or threats, claiming that it depended on the context or behavior. 

Liz Magill

Of course, this all came after the October 7 attack by Hamassholes on Israelis in their beds that killed over 1,200 men, women and children in a single day. It also came after repeated incidents of context and behavior of anti-Semites on campus threatening, harassing and intimidating Jewish students.

But Bok fails to see the reality of the situation. He thinks they withheld their funds in order to get the school to do something about Jew hatred, not because they personally found the hypocrisy of Magill and the school in general when it comes to the Jewish students. 

Use the wrong pronoun some woke student insists you call him or her, you're in trouble. Make a racist remark about any other group beside Jews, you're in trouble. Misgender a mentally ill male student who thinks he's a girl, or a female student who thinks she's a boy, you're in trouble. Call out "from the river to the sea, Palestine will be free" and you're in the club.

“I think donors are absolutely free to give to whatever organizations they want or not to, and to withhold for any reason they choose to,” Bok told Bloomberg TV.


“But they are not shareholders so I don’t think they should have a particularly loud voice on how universities are run.”

Donors don't want a say in how the school should be run--they want a say in how it should not be run, what should not be permissible. They don't even complain about the school's useless gender studies curriculum and have remained silent on the DEI hiring practices. But for the donors, a substantial number who are Jewish, donating to such a school was too much to expect.

Conservatives erupt after DNC attacks top White House Official with vulgarity in personal attack

The official Democratic National Committee X account decided Wednesday afternoon that the best way to win back the normies was to channel t...