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“DOGE says $312M in loans were given to children during COVID pandemic.”
Yesterday, DOGE announced discovering that in 2020 and 2021, the SBA awarded over 5,600 forgivable loans (totaling $312 million dollars) to extraordinary borrowers whose only listed owner was 11 years old or younger at the time of the loan. Kiddie loans. Those immature borrowers also all used social security numbers with the wrong names, just saying.
On top of that, the efficiency agency also reported that the SBA issued 3,095 other loans ($333 million) to industrious borrowers over 115 years old. One wonders how many “small business owners” over 80 years old got forgivable SBA covid loans, and whether they even know it happened. Never mind the under 11s, how many were under 18?
Is there a single functioning neuron in the SBA? Were these freebie ‘loans’ to kiddies and grandpas approved by the same diligent, apolitical federal workers who can’t be troubled to report five weekly accomplishments? Is this why DOGE can’t be allowed to peek inside Treasury or Social Security?
Again, the story isn’t just about savings. This story is much bigger. It’s about what the Hades is going on? The same bureaucrats who rubber-stamped giveaway loans for toddlers and centenarians are the same ones now assuring us that our elections, our economy, and our institutions are in capable hands that cannot be questioned.
s there a single functioning neuron in the SBA? Were these freebie ‘loans’ to kiddies and grandpas approved by the same diligent, apolitical federal workers who can’t be troubled to report five weekly accomplishments?
AmericanKulak says
Would a government shutdown also suspend DOGE?
no, they aren’t paid by government
https://x.com/w_terrence/status/1901847128701272153
https://x.com/elonmusk/status/1901883213514944590
"Still no proof of any actual money being paid out to these archival accounts."
RWSGFY says
"Still no proof of any actual money being paid out to these archival accounts."
Nonsense. If a person is listed in the Social Security database then he is receiving payments.
DOGE insider Sam Corcos, special adviser to the U.S. Treasury Department, just unloaded a jaw-dropping exposé on the IRS and Treasury’s chaotic operations.
He’s pulling the mask off, and it’s wild.
1]. IRS’ Massive IT Dept. Outstrips Midsize Banks by 175x Budget and 40x Staff
“A typical midsize bank will have somewhere between 1 and 200 people in IT and they have an operations and maintenance budget in like the $20 million a year range. We have 8,000 people in IT, and our operations and maintenance budget is $3.5 billion a year. I don’t really know why yet.”
2]. Contractors Eat Up 80% of IRS’ Massive Operations Budget
“I will tell that you 80% of that budget goes to contractors and licenses——We cannot perform the basic functions of tax collection without paying a toll to all these contractors.”
3]. IRS’ Modernization Is a $3.7 Billion Money Pit
“We have a $3.5 billion operations maintenance budget. We have $3.7 billion modernization effort within it. That’s a lot of budget and way beyond any reasonable cost for what you would expect at a private company for this.”
4]. Ghost Contracts Bleed Millions With No Accountability
“You find contracts that are 10, 20, 30, $50 million and you just ask like, why are we doing this? And everyone’s just like, meh, I don’t know. And then you cancel it and then nothing happens. It’s just inertia, has just taken over.”
You find contracts that are 10, 20, 30, $50 million and you just ask like, why are we doing this? And everyone’s just like, meh, I don’t know. And then you cancel it and then nothing happens. It’s just inertia, has just taken over.”
Blah-blah-blah. Have they disclosed whether the alleged 369 yo guy's account got any real money transferred to it. Doesn't even require a long video, just some bank statements.
Republican Senator Jim Banks calls a fired HHS worker a "clown" after the man followed him around, demanding he get his job back.
You could not have timed the elevator door closing better than this.
Worker: "Are you gonna do anything to stop what's happening?"
Banks: "You probably deserved it."
Worker: "Why why did I deserve it?"
Banks: "Because you seem like a clown"
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