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Episodes Episode #2748 Segments
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Back to episode — Episode 2748 CWSA 02/12/25

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her father was rich and died? Nobody asked that right? She could have inherited. Well how would we know? Perhaps she knew somebody working at Nvidia and at some point somebody said to her I got to tell you this Nvidia stuff is amazing you should get in on this last year. Well what if she had said you know I've got six million and there's never going to be anything like this Nvidia again so I'll p…

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ude of the fraud in federal entitlements, Social Security, Medicare and Medicaid, welfare, disability etc. exceeds the combined sum of every private scam you've ever heard by far.

Now because they're such big entities it wouldn't take much for it to be the biggest scandal in American history and I wouldn't be surprised if it's a bigger scam and scandal than anything we've ever seen.

You know I'll say again I've for years I've wondered why there are so many rich people. I know how I made my money and everybody else does too. It's like oh you're the Dilbert guy. Yeah that worked out for you. And if somebody is like the CEO of a company I go oh okay. Startup entrepreneur oh okay. And some people inherit right? So there are lots of ways people make money but I feel like there are too many rich people as in some of that's got to be crime.

If you took the entire universe of rich people who just have nice houses on the hill when you drive by and you go wow there are a lot of people with big houses up there. I'll bet you, I'm just going to tell you with no backing to this opinion, I'll bet 25 percent of our rich people are crooks. I'll bet 25 percent. I'll bet some of them are working with cartels, some of them are drug dealers, some of them stole from our government in clever ways, some of them are on the take. I'll bet 25 percent of our rich people are just criminals. That's just a guess.

GOP Representative Eli Crane is putting some impeachment articles together for the judges who are trying to stop the DOGE project in various ways. I don't think he's going to have any success. Like I said I think he needs two-thirds and there's no way you get two-thirds in this environment.

There's a new executive order for DOGE and it puts the Office of Management and Budget, OMB, puts them in charge of coming up with a plan to make the federal workforce smaller. Now here's what I like about this. I think it's a bad look if DOGE is the one who's doing all the cutting. If the Office of Management and Budget reporting to the president decides hey okay here's our plan for downsizing and then DOGE is both contributing to the plan, telling them what to downsize and what the plan should look like, maybe, but the OMB has the final decision. That looks like a good model to me because then you don't have DOGE as like a second president. Now you've got a president who's in charge of the OMB and the OMB just says some guidelines for DOGE. Perfect.

Yeah as long as the head of the OMB is a solid person that's going to work. So I like that. But there's more to it. This new executive order is fairly massive in its impact potentially. So there's a rule in it that says any of the agencies in the government, they want to add an employee can only do it if they get rid of four. So you're really really going to need that new employee because it's going to cost you four existing employees.

Now Trump did that same kind of model with regulation and apparently it worked so we know something like that could work. We'll see. And then the DOGE team will have embedded team leaders to do continued oversight over agencies during the downsizing and presumably after. So I like that because they would basically be like auditors but there may at some point they may need to be more official meaning that at the moment reporting to Musk is exactly the right answer but at some point if everything succeeds Musk is going to want to pull himself out of the day-to-day and maybe at that point they report to the OMB. Just report to the OMB and

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then it looks like an official structure because it would be and that would maybe make people more comfortable with it. Apparently the new hires also have to be according to the executive order approved by some of the DOGE team leads. I'm not sure why we need that because if the head of the OMB, well I guess it's because there'll still be a lot of Democrats in these agencies they might try to pul…

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