As an empire degenerates, civilian authorities become less competent and more corrupt, with too many groups competing for power and money. Elected assemblies become like the monkey cage at the zoo.
The whack and slash has to be done by an outsider. I laughed the other day when that congressman said that they should be given to the opportunity to do this under their own efforts. What a joke, that's like putting a bank robber behind the cash register. If they were embracing DOGE, I would be worried, but they are scared to death that the big party is about to get raided. It is going to be messy, but that is part of the business. You can't leave that to someone who wants to be re-elected. Opportunities like this only come so often.
It seems that each and EVERY congressperson had the opportunity to do what DOGE is doing from the day they were sworn in. But all we got from either side was crickets or a screech for "MORE".
So sad that these charlatans are actually successful when they say stupid things that rely solely on the ignorance of the American people...
Yes my brother, just look at AOC and you witness the incredible truth of the absurd ignorance of her constituents and the incredible incompetence they vote for. 🤔. Democrats only succeed through ignorance and mental illness.
She's not necessarily a moron in the sense that she has known what she can get away with, getting into office by acting that she cares about her constituents. She is a fantastic con artist. And of course they are too happy with their free lunches to realize what they are actually getting.
SE: Yes…both sides are guilty of that: incredible incompetence that they voted for. I think Elon is not doing his due diligence by firing all these people w/o fully investigating them.
If each agency is in charge they will chop the reasonable and likely to induce pain/backlash items. Citizens howl, then they shrug shoulders and say, "We tried." No thanks.
This is the best thing I’ve watched happen in our country since returning from s.e. Asia in 1965. Trump may not be perfect as alas he’s only human, but compared to the sopranos who desacrated the white house for 12 out of 16 years he’s an avenging angel. God speed Pres Trump.
In any given situation where something is "wrong", there are always and only two possibilities: take positive action in an attempt to fix the problem, OR do nothing and let the problem "fix" itself. Bonner's thesis seems to be that the positive action is futile. He may be right, but fatalism is not everyone's cup of tea, so to speak. Besides, if everything is going to hell regardless, why not at least TRY to fix it? Best always. PM
I agree. Bill’s reports are mostly negative. It’s becoming old news. He has no positive thinking of what Trump and his team can do. We have had theft and corruption for years. No one has had the ‘balls’ to do anything.
Not in his mind, give him a break, he is an octogenarian, set in his ways, looking for the old democracy, blinded by the blithe. He favors (as his negative posts suggest) the old democratic party - as if Harris represented that. Notice, he never, not once knocked her ideocracy. Although this post, he finally says, "he doesn't know". Not enough to stop the bashing, but a crack? A sign perhaps? Unlikely, remember his objective is to keep the comments coming - why stick to the market, this is more fun!
Like so many of his class, the landed gentry, the ones who know better through their socially-enlightened upbringing, he found Donald Trump personally offensive, but essentially harmless, because all he did was build stuff, make a spectacle of himself, and go on TV (how tacky!). But when Mr. Trump became politically involved and ultimately successful, he needed to be exposed and taken down, lest the moral order of things be undone.
And if that weren't bad enough, Mr. Trump is now in a position possibly to make good on what Bill Bonner and Co. originally intended: reforming government. Mr. Bonner readily admits his efforts were quixotic, impractical, and destined to fail. What's that say if Mr. Trump succeeds? Best always. PM
Seriously, Trump built stuff. Trump has gone bankrupted and bankrupted and bankrupted. Hopefully, he will do some good shaking up the U.S. and hopefully focused back here. Unfortunately, though, he seems to be in the Jewish pocket. Bought and paid for. Besides being despicable it is sad because the rest of the world is turning against him and the U.S. There appear to be only 2 countries that want war - Israel and its minion, the U.S. As always - everyone has an opinion.
Oh no!!! 😯 The world is turning against us. The unfortunate fact is that Europe is turning into, or more appropriately has been, a bunch of socialist fascist pigs prosecuting people for not saying the "right" things. They were good with Biden because his administration shared their views. Thankfully, the ruling elite there are starting to get some pushback. I hope it works out. We don't need a fascist Europe.
LSO, there can be no doubt that Trump built things, because the things are still there. Bankruptcy? Walter E. Williams said there would be no need to fear bankruptcy, unless one believed that the assets in question would simply vanish into thin air. Thank you for your response. Best always. PM
Quite the compliment coming from the Master Commenter himself! I am humbled. Still, I don't write for effect; I just put my thoughts out there for consideration among this great assembly. Many thanks and best always. PM
at least give him the opportunity to fail, but no, BB likes to create the negative drama, it promotes commentary giving you the illusion of getting value from BPR.
Bill’s comments and dear readers are getting less and less each month. Seems like the common democratic cult objective of destroying all good things. I’m waiting for Dan to go out on his own and that will be the day Ol Bill retires to whatever senior home his kids choose for him. Probably the same Ol sloppy Joe is committed to, or maybe just get a job at MSNBC🤔
Bill seems to be very well read in terms of politics/history. I suspect that some of his negativism is due to not only our current situation, but also to how governments tend to perform in the long arc of history. Let's hope he's wrong!
Bill is the one with a bad case of TDS. Totally irrational about it. Bonner looks for any little tidbit he can use against Trump and unfortunately, Trump usually obliges. This gives more fuel for Bill to rail against Trump while completely ignoring anything good Trump is doing.
Regarding your question yesterday about the "Death Code Being Set To False." I didn't know exactly what that meant (I had a suspicion), but I have since confirmed what it means while watching a video.
It is a term that refers to Coding in the world of Software. Under the Category/Status tab of "Death", the choices for the software are either "True" (yes, this entry represents a dead person) or "False" (this entry represents someone still alive.)
So yes - our criminal "government" HAS been paying BILLIONS of SS benefit dollars to Millions of people the system says are between 100 and 340 years old, yet each and everyone of them is coded as still alive. So cut and send the check.
NOW - we need to find out WHO HAS BEEN CASHING THESE CHECKS EVERY MONTH??
Thx for this straightforward answer , But ,Are U sure U don't have that backwards, wouldn't false mean the person was dead ? And , if these checks really go out, I don't believe are cashed each Mo.
Maybe our boy Elon will come up with an answer for us .
In the realm of Software Coding (I have just enough knowledge to be either dangerous or completely wrong), "Death" is the Conditioning Modifier. If "True", then dead that entry is. If "False", then alive that entry is.
Regarding the checks not being "cashed" or otherwise deposited - wut? Seriously?? Who would take even the minimal risk represented by consistently fleecing our inept "government" - then NOT take the payout? C'mon man. Your comment represents typically leftard thinking and is not even worth considering in this case. Particularly in light of the fact that we are talking about Millions of deliberate thieves and Billions of stolen dollars....
Pathetic article. All you do is attack people who support the president. You mock the most interesting person in politics in my lifetime. He's going to tell us who killed JFK! And it seems the entire Washington establishment wants him dead and gone. That's good enough reason to like him right there. He's ending their insider grifts that have cost taxpayers untold billions. Heck, he may even give us pleebs a guided tour of our gold in Fort Knox. People have been conditioned to hate Trump and also hate anyone who really loves what's happening right now. It's unprecedented. Perhaps your brain has been infected with the USAID propaganda virus that spread across the globe. The good people of the world must hate Trump and Trump supporters. It is the law!
How many times have we heard the following: "there's nothing we can do to reign in entitlement spending without hurting American citizens."? To go along with this reasoning, one has to assume there is little fraud and/or waste in the system. Personally, I think accepting this reasoning is intellectually lazy and is void of any cynicism (i.e. common sense).
All of us here are well aware that Social Security is careening toward mandatory benefit cuts as soon as 2033. Who wouldn't welcome a team of financial professionals making sure the system isn't being drained by improper payments? I think we all know the answer to this question: thieves and economic degenerates.
On Sunday night, Musk and DOGE gave us a little tease as to what could be the biggest fraud in all of recorded history. SSA data appears to show that 20.789 million Americans over the age of 100 are collecting Social Security retirement benefits. That includes 12 million who are purportedly over 120 years old. If this later turns out to be true and you extrapolate the results; you're looking at roughly 1/3 of all Social Security payments being fraudulent.
I can't fathom how any member of the productive class would oppose the DOGE sunlight treatment. When the audit results are tallied, I won't be surprised that the amount of fraud and waste will be at least the size of the deficit. This may very well end up being the story of our lifetime.
The only way you can do that is by erecting a guillotine and "off with a few heads". then they might pay attention. There is NO forcing anybody in Washington to do anything by us peons. Can't even do that in a State. It will happen when chaos cometh and it is lurking in the wings to leap out when you least expect. But, on a positive note - housing prices in the Arlington area have dropped by 36.5% last week.
Maybe it will take a guillotine (one can hope :), but it seems that there may be such a groundswell about what we are seeing that the snake and lizard "representatives" wise-up enough to actually do the right things. But not optimistic - at all...
I don't know about your numbers Craig. I didn't follow that so closely. Your comments hit the nail on the head. The entire discussion of these American processes having any credibility is the absurdity. It's hurting these people more than it is helping them. Get rid of all these processes and then rebuild them again as needed, by far the cleanest route to integrity.
This really frosts my ass. I'm in a profession where I need to obtain a license from the government to practice. All I hear from these government apparatchiks administering the licensing program is: Fiduciary Duty. How about the Social Security Administration! Shit, if I exercised the same level of fiduciary duty as the SSA, I'd be in prison. This is 100% unacceptable. I totally agree that the entire SSA needs to be torn down and rebuilt.
There was a poster here who made a popular comment back in December about how once Bill Bonner was forced into acknowledging the success of DOGE/Trump cutting the spending, he would then pivot to telling us how the cuts being made weren't deep enough or were focused on the wrong things.
By hyper focusing on cuts, he ignores or discounts fraud, inefficiency, and waste. This is intellectually lazy and lacks the cynicism he claims to possess. He likes to play the Contrarian and that's why I enjoy reading his missives. There's a limit to playing the Contrarian. Best not to go against common sense, you ain't gonna win that one :-)
“Currently, the Fed’s gold backing is about half of what it was in 1969”
Sure. And inflation was transitory.
The Feds ‘gold backing’ likely consists of a few unmarked bars from a long closed South African mine, a lot of dust on the vault floor, and a couple old filing cabinets filled with thousands of IOUs.
There’s a reason why no audit has ever been done. And the heavily guarded facility won’t let any member of Congress get beyond the gate.
Bill and I long for the good old days alright, but not for those characterized by financial foolishness when our Congresses repeatedly spent more money than it had on hand, lots more.
This sad practice dates to LBJ. It embraces every Administration (except Clinton's last when he gave Bush a budget surplus which Bush promptly gave to taxpayers instead of reducing the national debt).
The haphazard way our uncrowned King, DJT, and his Jester are going about reducing Federal spending suggests they have no plan; just whack and slash what ever pops up on their radar. Lots of babies will go out with the bathwater
I dunno, Jimm. Seems like they are pretty much Laser Focused on whatever crime and corruption they happen to be examining on any given day.
Turns out it's actually a rather easy task. It is becoming more-than-apparent that there has been/is institutional theft and criminality REGARDLESS which part of the "government" they peer into.
PS - Too bad about the very few babies that are worth keeping. We allowed things to get so bad that a Hard Restart is necessary...
It has been this worry about babies that is why nothing ever got done until Trump was elected. I'm primarily surprised there weren't more assassination attempts. If it weren't for the fact that these marxists weren't so incredibly stupid I think they would've been able to kill him. Even now I suspect more plots. Think about it their whole payment scheme is being undermined!
Wrong. They are being VERY specific and even more transparent. Go to the DOGE website and see for yourself.
Lemme predict how this is gonna work - at this point we are just uncovering the scope, scale and specifics of the crimes that have been committed over YEARS. Next, LEO/DoJ takes over and begins individual Investigations to determine Responsibility and Assign Blame. After that comes the Prosecutions and Justice that will see many (hopefully MOST) of these thieves having their stolen assets seized/returned and end up in prison or worse where it is appropriate.
I know you hate to see Trump and Elon being successful - but I also know that getting ripped off makes you as angry as it does the rest of us. Put down your bucket of mud and start supporting the process...
"Crimes over the years" -- highly doubt any occurred. Mistakes & mismanagement, yes. But outright theft, no
T & M success -- I'm all for reducing the cost of the federal government. Suspicious that T & M are genuine cost cutters.
After all, they want to eliminate the Congressionally imposed debt limit. If they were genuine cost cutters, they would argue to make the limit permanent
Surprised that they simply don't privatize what they believe is not a public function.
For example, the Dept of Energy, Park Service, Education, etc. could be made private, tax paying enterprises rather than simply destroyed
Once again, your comments PROVE you are not a serious, thinking or objective person. Instead, you exist, happily, within a cult that demands you ignore Reality.
"But outright theft, no" You've got to be kidding, Jimm. Just because they hid it under USAID or the Dept of Education etc. doesn't mean it isn't outright theft. Get Real!
Haphazard is the secret sauce! If you telegraph your plan the thieves and economic degenerates will front run you and cover their tracks. This is precisely why they're screaming.
Nothing to see here! The temperature is most definitely rising in the kitchen :-)
"Acting commissioner of the Social Security Administration, Michelle King, resigned on Sunday after a standoff with Elon Musk's Department of Government Efficiency (DOGE) over access to sensitive government records. King - who worked at the agency for over 30 years, left her position this weekend after refusing to give DOGE staffers access to sensitive information, such as the fraudulent payments to 'vampires' - with at least one recipient being older than the United States itself."
If you thought COVID was the biggest mind f**k of all time, DOGE is going to make COVID look like someone politely clearing their throat at an opera!
Just blame it on the cook, the frogman cooking soup for the Captain. “A little flavor”! Hahaha
People need to be convinced first, that everything is changing for good, then the transfer of wealth from the poor and medium class can be distributed to the rich. Trust me, every penny counts. People will kill for “one penny”, it’s documented in the CIA Argentinian Files.
When the Fox skips over the hole, the sky tower will flatten. The helicopters and planes need the satellite scope to investigate the transmission. The portal remains open, tunneling from the afterlife into the musical vibe of the cardigans. The birds sing above, the cold dark passage connects the inner cells of the time box. The Kings of the earth are desperately looking for the origin of the gateway portal, utilizing every tool at their disposal to find it, but only the peasant knows where it is. Hahaha!
De Ja Vu you say! Not at all, there is which Gold to restructure the dollar standard. The greedy masses will try and hoard it soon, sending its fictional price through the roof. More unimaginable events are pending transgression, as long as the gateway portal remains open…. For business….as usual…🤩😂
"The Elon Musk-led Department of Government Efficiency (DOGE) on Monday revealed its finding that $4.7 trillion in disbursements by the US Treasury are "almost impossible" to trace, thanks to a rampant disregard for the basic accounting practice of using of tracking codes when dishing out money.
Mind you, it's not as if such a federal tracking system wasn't already in place -- it simply went casually unused for all sorts of payouts adding up to an almost unfathomable $4.7 trillion. Without Treasury Access Symbol (TAS) identification codes associated with those payouts, there's little hope in figuring out where all that money went."
It'll come down to fine-tuned Forensic Accounting. Each and every check or electronic disbursement has its own number - those specific numbers had to eventually end up in specific bank accounts. If those accounts are in Switzerland, Cayman or Luxemburg - there might be an issue with actually tracking that disbursement down. All the others should be traceable. Not easy, but possible.
Sounds like a great job for 87,000 or so new IRS agents - at least for the honest ones...
Watched a movie last night. A young single woman was murdered by an acquaintance who then assumed her electronic identity. The woman’s mother was the first to notice something different about the emails and texts. The grammar and sentence structure was different. I have to ask, is that you, Bill? Or has some imposter high jacked your newsletter?
"There’s Trump Derangement Syndrome (TDS). And there’s also Trump-o-philia (ToP)."
I like it. For years I'e used TDS- and TDS+ for the two flavors of brainwashed people, but maybe these labels will be easier to understand. Those who are trying to wash out whichever flavor tempts them might refer to Bad Orange Man or Captain Donald and his pirate crew (if tempted by ToP and to Godfather Joe and the Delaware Sopranos if tempted by TDS, just to emphasize that we are like residents of NYC tempted to take sides in the Castallamerese war between the NY Five Families. On a national scale, that's where we seem to be heading. Not just the Duopoly, but all the competing crime families that feed on both wings.
The whack and slash has to be done by an outsider. I laughed the other day when that congressman said that they should be given to the opportunity to do this under their own efforts. What a joke, that's like putting a bank robber behind the cash register. If they were embracing DOGE, I would be worried, but they are scared to death that the big party is about to get raided. It is going to be messy, but that is part of the business. You can't leave that to someone who wants to be re-elected. Opportunities like this only come so often.
It seems that each and EVERY congressperson had the opportunity to do what DOGE is doing from the day they were sworn in. But all we got from either side was crickets or a screech for "MORE".
So sad that these charlatans are actually successful when they say stupid things that rely solely on the ignorance of the American people...
Yes my brother, just look at AOC and you witness the incredible truth of the absurd ignorance of her constituents and the incredible incompetence they vote for. 🤔. Democrats only succeed through ignorance and mental illness.
H! True. AND, she is actually stupid enough to publicly say Elon is "not a very smart person" in multiple ways, including that direct quote.
Love him or hate him - it would be hard to justify that statement other than attributing it to the speaker being a complete moron...
She's not necessarily a moron in the sense that she has known what she can get away with, getting into office by acting that she cares about her constituents. She is a fantastic con artist. And of course they are too happy with their free lunches to realize what they are actually getting.
SE: Yes…both sides are guilty of that: incredible incompetence that they voted for. I think Elon is not doing his due diligence by firing all these people w/o fully investigating them.
Primarily mental illness.
^^^^
If each agency is in charge they will chop the reasonable and likely to induce pain/backlash items. Citizens howl, then they shrug shoulders and say, "We tried." No thanks.
This is the best thing I’ve watched happen in our country since returning from s.e. Asia in 1965. Trump may not be perfect as alas he’s only human, but compared to the sopranos who desacrated the white house for 12 out of 16 years he’s an avenging angel. God speed Pres Trump.
Well spoken!
In any given situation where something is "wrong", there are always and only two possibilities: take positive action in an attempt to fix the problem, OR do nothing and let the problem "fix" itself. Bonner's thesis seems to be that the positive action is futile. He may be right, but fatalism is not everyone's cup of tea, so to speak. Besides, if everything is going to hell regardless, why not at least TRY to fix it? Best always. PM
I find Bill's comments are always negative. Is there anything he would be positive about?
Are we not better now than when Biden, Schumer and Kamala were in charge?
Lynda:
I agree. Bill’s reports are mostly negative. It’s becoming old news. He has no positive thinking of what Trump and his team can do. We have had theft and corruption for years. No one has had the ‘balls’ to do anything.
AP
Not in his mind, give him a break, he is an octogenarian, set in his ways, looking for the old democracy, blinded by the blithe. He favors (as his negative posts suggest) the old democratic party - as if Harris represented that. Notice, he never, not once knocked her ideocracy. Although this post, he finally says, "he doesn't know". Not enough to stop the bashing, but a crack? A sign perhaps? Unlikely, remember his objective is to keep the comments coming - why stick to the market, this is more fun!
Mr. Bonner is 76. Grant him his last four years; he needs them. Best always. PM
76 and getting more negative by the hour. He is so cynical.
Like so many of his class, the landed gentry, the ones who know better through their socially-enlightened upbringing, he found Donald Trump personally offensive, but essentially harmless, because all he did was build stuff, make a spectacle of himself, and go on TV (how tacky!). But when Mr. Trump became politically involved and ultimately successful, he needed to be exposed and taken down, lest the moral order of things be undone.
And if that weren't bad enough, Mr. Trump is now in a position possibly to make good on what Bill Bonner and Co. originally intended: reforming government. Mr. Bonner readily admits his efforts were quixotic, impractical, and destined to fail. What's that say if Mr. Trump succeeds? Best always. PM
Seriously, Trump built stuff. Trump has gone bankrupted and bankrupted and bankrupted. Hopefully, he will do some good shaking up the U.S. and hopefully focused back here. Unfortunately, though, he seems to be in the Jewish pocket. Bought and paid for. Besides being despicable it is sad because the rest of the world is turning against him and the U.S. There appear to be only 2 countries that want war - Israel and its minion, the U.S. As always - everyone has an opinion.
Oh no!!! 😯 The world is turning against us. The unfortunate fact is that Europe is turning into, or more appropriately has been, a bunch of socialist fascist pigs prosecuting people for not saying the "right" things. They were good with Biden because his administration shared their views. Thankfully, the ruling elite there are starting to get some pushback. I hope it works out. We don't need a fascist Europe.
LSO, there can be no doubt that Trump built things, because the things are still there. Bankruptcy? Walter E. Williams said there would be no need to fear bankruptcy, unless one believed that the assets in question would simply vanish into thin air. Thank you for your response. Best always. PM
And an A**hole.
Just sayin'...
Maybe the most accurate comment I have ever seen here.
Thanks, Paul...
Quite the compliment coming from the Master Commenter himself! I am humbled. Still, I don't write for effect; I just put my thoughts out there for consideration among this great assembly. Many thanks and best always. PM
at least give him the opportunity to fail, but no, BB likes to create the negative drama, it promotes commentary giving you the illusion of getting value from BPR.
Being a Contrarian for Contrarian's sake is not a good look. BB needs to do better. He's coming across as intellectually lazy.
Just learned a new word- quixotic- like !
my apologies....
Certainly not necessary. I get your drift. Best always. PM
Bill’s comments and dear readers are getting less and less each month. Seems like the common democratic cult objective of destroying all good things. I’m waiting for Dan to go out on his own and that will be the day Ol Bill retires to whatever senior home his kids choose for him. Probably the same Ol sloppy Joe is committed to, or maybe just get a job at MSNBC🤔
Bill seems to be very well read in terms of politics/history. I suspect that some of his negativism is due to not only our current situation, but also to how governments tend to perform in the long arc of history. Let's hope he's wrong!
Bill is the one with a bad case of TDS. Totally irrational about it. Bonner looks for any little tidbit he can use against Trump and unfortunately, Trump usually obliges. This gives more fuel for Bill to rail against Trump while completely ignoring anything good Trump is doing.
JG: Let’s wait until Trump does. I know he’s working on it, but time will tell.
That’s a loaded question; trapped in “the prison of two ideas.”
LJT: I think it’s too early to tell.
No!
Hi Pat -
Regarding your question yesterday about the "Death Code Being Set To False." I didn't know exactly what that meant (I had a suspicion), but I have since confirmed what it means while watching a video.
It is a term that refers to Coding in the world of Software. Under the Category/Status tab of "Death", the choices for the software are either "True" (yes, this entry represents a dead person) or "False" (this entry represents someone still alive.)
So yes - our criminal "government" HAS been paying BILLIONS of SS benefit dollars to Millions of people the system says are between 100 and 340 years old, yet each and everyone of them is coded as still alive. So cut and send the check.
NOW - we need to find out WHO HAS BEEN CASHING THESE CHECKS EVERY MONTH??
SE: Yes, just who is cashing those checks? I would love to meet those 100 plus aged individuals and find out their secret.
Thx for this straightforward answer , But ,Are U sure U don't have that backwards, wouldn't false mean the person was dead ? And , if these checks really go out, I don't believe are cashed each Mo.
Maybe our boy Elon will come up with an answer for us .
Positive that it is not backward.
In the realm of Software Coding (I have just enough knowledge to be either dangerous or completely wrong), "Death" is the Conditioning Modifier. If "True", then dead that entry is. If "False", then alive that entry is.
Regarding the checks not being "cashed" or otherwise deposited - wut? Seriously?? Who would take even the minimal risk represented by consistently fleecing our inept "government" - then NOT take the payout? C'mon man. Your comment represents typically leftard thinking and is not even worth considering in this case. Particularly in light of the fact that we are talking about Millions of deliberate thieves and Billions of stolen dollars....
Lard have mercy , And here I thought u was being reasonable on this subject.
Anyway . I'm sure Elon and his boys will find all these thieves and put them in his gas chamber.
Besides ,, This is not our Gov. Ur berating, Its The SS administrators.
It may be the SS admin but surely the buck stops with whoever is running yhe government.
No to what?
Ignore him. He usually doesn't have anything useful to say.
Both Ur stupid Q's
What's a Q ??
Now, now Lynda. Quit toying with the disabled...
:)
SE: You know you can be terrible in responding, but I have to say I liked your last response to Lynda.
🤣
What's this ? Another stupid Q?
Pathetic article. All you do is attack people who support the president. You mock the most interesting person in politics in my lifetime. He's going to tell us who killed JFK! And it seems the entire Washington establishment wants him dead and gone. That's good enough reason to like him right there. He's ending their insider grifts that have cost taxpayers untold billions. Heck, he may even give us pleebs a guided tour of our gold in Fort Knox. People have been conditioned to hate Trump and also hate anyone who really loves what's happening right now. It's unprecedented. Perhaps your brain has been infected with the USAID propaganda virus that spread across the globe. The good people of the world must hate Trump and Trump supporters. It is the law!
Sam:
I agree with you. I might add bill’s brain might be infected with what a horse leaves behind. AP
How many times have we heard the following: "there's nothing we can do to reign in entitlement spending without hurting American citizens."? To go along with this reasoning, one has to assume there is little fraud and/or waste in the system. Personally, I think accepting this reasoning is intellectually lazy and is void of any cynicism (i.e. common sense).
All of us here are well aware that Social Security is careening toward mandatory benefit cuts as soon as 2033. Who wouldn't welcome a team of financial professionals making sure the system isn't being drained by improper payments? I think we all know the answer to this question: thieves and economic degenerates.
On Sunday night, Musk and DOGE gave us a little tease as to what could be the biggest fraud in all of recorded history. SSA data appears to show that 20.789 million Americans over the age of 100 are collecting Social Security retirement benefits. That includes 12 million who are purportedly over 120 years old. If this later turns out to be true and you extrapolate the results; you're looking at roughly 1/3 of all Social Security payments being fraudulent.
I can't fathom how any member of the productive class would oppose the DOGE sunlight treatment. When the audit results are tallied, I won't be surprised that the amount of fraud and waste will be at least the size of the deficit. This may very well end up being the story of our lifetime.
And all for naught if we don't FORCE our "representatives" to respond appropriately - both legally and legislatively...
They must simply be forced. They've already proven they can't be relied upon.
The only way you can do that is by erecting a guillotine and "off with a few heads". then they might pay attention. There is NO forcing anybody in Washington to do anything by us peons. Can't even do that in a State. It will happen when chaos cometh and it is lurking in the wings to leap out when you least expect. But, on a positive note - housing prices in the Arlington area have dropped by 36.5% last week.
Maybe it will take a guillotine (one can hope :), but it seems that there may be such a groundswell about what we are seeing that the snake and lizard "representatives" wise-up enough to actually do the right things. But not optimistic - at all...
I don't know about your numbers Craig. I didn't follow that so closely. Your comments hit the nail on the head. The entire discussion of these American processes having any credibility is the absurdity. It's hurting these people more than it is helping them. Get rid of all these processes and then rebuild them again as needed, by far the cleanest route to integrity.
This really frosts my ass. I'm in a profession where I need to obtain a license from the government to practice. All I hear from these government apparatchiks administering the licensing program is: Fiduciary Duty. How about the Social Security Administration! Shit, if I exercised the same level of fiduciary duty as the SSA, I'd be in prison. This is 100% unacceptable. I totally agree that the entire SSA needs to be torn down and rebuilt.
"𝘽𝙪𝙩 𝙘𝙤𝙢𝙥𝙖𝙧𝙚𝙙 𝙩𝙤 𝙩𝙝𝙚 𝙈𝙄𝘾 𝙗𝙪𝙙𝙜𝙚𝙩, 𝙬𝙝𝙖𝙩𝙚𝙫𝙚𝙧 𝘾𝙝𝙚𝙡𝙨𝙚𝙖 𝙜𝙚𝙩𝙨 𝙞𝙨 𝙥𝙚𝙖𝙣𝙪𝙩𝙨. 𝙄𝙣 𝙤𝙧𝙙𝙚𝙧 𝙩𝙤 𝙖𝙫𝙤𝙞𝙙 𝙖 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙘𝙖𝙩𝙖𝙨𝙩𝙧𝙤𝙥𝙝𝙚 — 𝙘𝙝𝙖𝙤𝙨… 𝙞𝙣𝙛𝙡𝙖𝙩𝙞𝙤𝙣… 𝙙𝙚𝙛𝙖𝙪𝙡𝙩 — 𝙩𝙝𝙚 𝙐𝙎 𝙣𝙚𝙚𝙙𝙨 𝙩𝙤 𝙘𝙪𝙩 𝙙𝙚𝙚𝙥𝙚𝙧."
There was a poster here who made a popular comment back in December about how once Bill Bonner was forced into acknowledging the success of DOGE/Trump cutting the spending, he would then pivot to telling us how the cuts being made weren't deep enough or were focused on the wrong things.
That didn't take long...
By hyper focusing on cuts, he ignores or discounts fraud, inefficiency, and waste. This is intellectually lazy and lacks the cynicism he claims to possess. He likes to play the Contrarian and that's why I enjoy reading his missives. There's a limit to playing the Contrarian. Best not to go against common sense, you ain't gonna win that one :-)
“Currently, the Fed’s gold backing is about half of what it was in 1969”
Sure. And inflation was transitory.
The Feds ‘gold backing’ likely consists of a few unmarked bars from a long closed South African mine, a lot of dust on the vault floor, and a couple old filing cabinets filled with thousands of IOUs.
There’s a reason why no audit has ever been done. And the heavily guarded facility won’t let any member of Congress get beyond the gate.
Occam’s Razor applies.
Mr. Moody is WIDE AWAKE...
Wow Bill! I guess you long for the good old days of Joe Biden when absolute corruption was the name of the game.
Bill and I long for the good old days alright, but not for those characterized by financial foolishness when our Congresses repeatedly spent more money than it had on hand, lots more.
This sad practice dates to LBJ. It embraces every Administration (except Clinton's last when he gave Bush a budget surplus which Bush promptly gave to taxpayers instead of reducing the national debt).
The haphazard way our uncrowned King, DJT, and his Jester are going about reducing Federal spending suggests they have no plan; just whack and slash what ever pops up on their radar. Lots of babies will go out with the bathwater
I dunno, Jimm. Seems like they are pretty much Laser Focused on whatever crime and corruption they happen to be examining on any given day.
Turns out it's actually a rather easy task. It is becoming more-than-apparent that there has been/is institutional theft and criminality REGARDLESS which part of the "government" they peer into.
PS - Too bad about the very few babies that are worth keeping. We allowed things to get so bad that a Hard Restart is necessary...
It has been this worry about babies that is why nothing ever got done until Trump was elected. I'm primarily surprised there weren't more assassination attempts. If it weren't for the fact that these marxists weren't so incredibly stupid I think they would've been able to kill him. Even now I suspect more plots. Think about it their whole payment scheme is being undermined!
They are certainly not focusing on crime and corruption; that's an easy hand off to law enforcement (and ensuing publicity).
They have no plan. If they did, then we'd know what's being cut, when, by how much.
It's just wack and slash with no justification.
Wrong. They are being VERY specific and even more transparent. Go to the DOGE website and see for yourself.
Lemme predict how this is gonna work - at this point we are just uncovering the scope, scale and specifics of the crimes that have been committed over YEARS. Next, LEO/DoJ takes over and begins individual Investigations to determine Responsibility and Assign Blame. After that comes the Prosecutions and Justice that will see many (hopefully MOST) of these thieves having their stolen assets seized/returned and end up in prison or worse where it is appropriate.
I know you hate to see Trump and Elon being successful - but I also know that getting ripped off makes you as angry as it does the rest of us. Put down your bucket of mud and start supporting the process...
"Crimes over the years" -- highly doubt any occurred. Mistakes & mismanagement, yes. But outright theft, no
T & M success -- I'm all for reducing the cost of the federal government. Suspicious that T & M are genuine cost cutters.
After all, they want to eliminate the Congressionally imposed debt limit. If they were genuine cost cutters, they would argue to make the limit permanent
Surprised that they simply don't privatize what they believe is not a public function.
For example, the Dept of Energy, Park Service, Education, etc. could be made private, tax paying enterprises rather than simply destroyed
Once again, your comments PROVE you are not a serious, thinking or objective person. Instead, you exist, happily, within a cult that demands you ignore Reality.
Goodbye...
"But outright theft, no" You've got to be kidding, Jimm. Just because they hid it under USAID or the Dept of Education etc. doesn't mean it isn't outright theft. Get Real!
Thank God. Justification would only waste time at this point. Better just to stack up the cuts, so deep they aren't worth justifying.
YES and YES!
I could care less how, just get it done. Stop the insanity of spending 2T$ more than comes in every YEAR! Ridiculous
Agreed
Haphazard is the secret sauce! If you telegraph your plan the thieves and economic degenerates will front run you and cover their tracks. This is precisely why they're screaming.
I disagree. Give this administration a chance. Remember he has only been in office less than 60 days.
The next 305 days will test the strength of our Constitution,
Only for the criminal, delusional Left...
Who cares about the corruption or fraud or stolen funds. Just don't throw out any sacred cows.
I liked that only because I assume you are being funny.
I'm not the least bit worried about babies. Come on Jimm, wake up.
Agreed
Nothing to see here! The temperature is most definitely rising in the kitchen :-)
"Acting commissioner of the Social Security Administration, Michelle King, resigned on Sunday after a standoff with Elon Musk's Department of Government Efficiency (DOGE) over access to sensitive government records. King - who worked at the agency for over 30 years, left her position this weekend after refusing to give DOGE staffers access to sensitive information, such as the fraudulent payments to 'vampires' - with at least one recipient being older than the United States itself."
Chelsea Clinton's cut of the graft may be "peanuts" to you but , personally, I'd like my share of the peanuts back...
Yea I'll take every penny back.
Amen...
I wonder if Chimpanzees like peanuts? What about Monkeys??
And my thought was how many more of them!
chimpanzees are not monkeys. Picture selection.
Well, You have to admit they are "cousins".
If you thought COVID was the biggest mind f**k of all time, DOGE is going to make COVID look like someone politely clearing their throat at an opera!
Just blame it on the cook, the frogman cooking soup for the Captain. “A little flavor”! Hahaha
People need to be convinced first, that everything is changing for good, then the transfer of wealth from the poor and medium class can be distributed to the rich. Trust me, every penny counts. People will kill for “one penny”, it’s documented in the CIA Argentinian Files.
When the Fox skips over the hole, the sky tower will flatten. The helicopters and planes need the satellite scope to investigate the transmission. The portal remains open, tunneling from the afterlife into the musical vibe of the cardigans. The birds sing above, the cold dark passage connects the inner cells of the time box. The Kings of the earth are desperately looking for the origin of the gateway portal, utilizing every tool at their disposal to find it, but only the peasant knows where it is. Hahaha!
De Ja Vu you say! Not at all, there is which Gold to restructure the dollar standard. The greedy masses will try and hoard it soon, sending its fictional price through the roof. More unimaginable events are pending transgression, as long as the gateway portal remains open…. For business….as usual…🤩😂
Nothing to see here! Temperatures rising :-)
"The Elon Musk-led Department of Government Efficiency (DOGE) on Monday revealed its finding that $4.7 trillion in disbursements by the US Treasury are "almost impossible" to trace, thanks to a rampant disregard for the basic accounting practice of using of tracking codes when dishing out money.
Mind you, it's not as if such a federal tracking system wasn't already in place -- it simply went casually unused for all sorts of payouts adding up to an almost unfathomable $4.7 trillion. Without Treasury Access Symbol (TAS) identification codes associated with those payouts, there's little hope in figuring out where all that money went."
It'll come down to fine-tuned Forensic Accounting. Each and every check or electronic disbursement has its own number - those specific numbers had to eventually end up in specific bank accounts. If those accounts are in Switzerland, Cayman or Luxemburg - there might be an issue with actually tracking that disbursement down. All the others should be traceable. Not easy, but possible.
Sounds like a great job for 87,000 or so new IRS agents - at least for the honest ones...
Watched a movie last night. A young single woman was murdered by an acquaintance who then assumed her electronic identity. The woman’s mother was the first to notice something different about the emails and texts. The grammar and sentence structure was different. I have to ask, is that you, Bill? Or has some imposter high jacked your newsletter?
"There’s Trump Derangement Syndrome (TDS). And there’s also Trump-o-philia (ToP)."
I like it. For years I'e used TDS- and TDS+ for the two flavors of brainwashed people, but maybe these labels will be easier to understand. Those who are trying to wash out whichever flavor tempts them might refer to Bad Orange Man or Captain Donald and his pirate crew (if tempted by ToP and to Godfather Joe and the Delaware Sopranos if tempted by TDS, just to emphasize that we are like residents of NYC tempted to take sides in the Castallamerese war between the NY Five Families. On a national scale, that's where we seem to be heading. Not just the Duopoly, but all the competing crime families that feed on both wings.