Speaker 1: So like a board meeting, like a board meeting.
Speaker 2: Exactly. All right, well, I guess we normally go on
the table say what do we get done this week?
Speaker 3: Sure, we saw with you, so actually a lot of
great work in the treasury this week. One of the
crazy things with regards to the Treasury is that when
a payment is made, and the computers at the Treasury
actually paid about five trillion dollars per year, like crazy amounts.
There was formerly not a budget code on there, so
if not a payment was made, you didn't know actually
what it was for.
Speaker 1: It could have been for anything.
Speaker 3: Yeah, there was a four billion dollars COVID fund in
the Department of Education and there was no receipts required,
so people we just drawed down on it. And when
people looked into it, this wasn't justice was before us.
They found that money was being used to rent out
Caesar's Palace for parties, rent out stadiums, et cetera. And
so the one change that DOGE made with our education
is we had the simple requirement that if you draw
down money, you must first upload a receipt. That was
the only change that was made. You must upload your
receipt and upon doing so. Yes, nobody drew down any
money anymore.
Speaker 2: Yes, but we didn't say that we'd check the receipt.
You could send a bank receipt, you could send a
picture of your.
Speaker 1: Dog, anything, anything, anything.
Speaker 2: But as soon as we asked for anything at all,
that something, the requests.
Speaker 1: Were like, oh, we don't need it anymore. Oh that's interesting.
They were renting Caesar's palace.
Speaker 2: Yes, they were like basically partying on the text tayer
of money.
Speaker 1: Stadiums, Yes, leasing.
Speaker 2: Stadium mssing stadiums for what for parties? Basically for parties.
Speaker 1: Yes, that's a big parties, big party.
Speaker 4: You'd think if you were stealing, you'd start small.
Speaker 2: They do stop small, But then what happens is over
the years. So generally the fraud starts out small and
they try to hide it. But then year after year,
if nobody stops the fraud, it gets more and more brazen,
and every year it gets bigger until they're literally renting
out stadiums like.
Speaker 1: Millions to run out of the stadium. Fraud infragrante delecto. Okay,
we're talking about at scale.
Speaker 4: This is driving me crazy. When you find these things,
do you guys get mad? And you're like, yes, I
got one.
Speaker 1: How does it?
Speaker 4: How does it make you feel so common?
Speaker 1: I mean you just get numb it. Unfortunately, like the
hundredth time you've heard it, you're just tald not to.
Speaker 2: Get a little numb, you know, like and by the
two hundred time, you're like, well, okay, it's just another
day at the office.
Speaker 5: We checked, is the Small Business Administration giving loans to
dead people?
Speaker 6: People over the age of one hundred and twenty.
Speaker 5: The answer was yes, and it was around three hundred
thirty million dollars in total.
Speaker 2: So people with a birthday that could not possibly be real,
meaning they're they're over one hundred there one hundred and
fifteen years old or older.
Speaker 1: The oldest living Americans one hundred and fourteen.
Speaker 2: So the safe to save anybody is in the system
as one hundred and fifteen years or older.
Speaker 1: That is fake.
Speaker 7: So just by sharing a database and looking at social
Security numbers that showed that at the time of the
loan they had listed at over one hundred and fifteen
years old were actually under eleven. We didn't even check
that for under eighteen. Maybe under eleven years old.
Speaker 1: That's pretty great, baby had people were getting loans that was.
Speaker 6: Six hundred and sixty million dollars.
Speaker 1: And also people with birth dates in the future. What
does that mean? Well, in one I mean I think
like the birthday, birthday.
Speaker 8: I think in one case was like fetuses, we're getting
well not even really is sort of a you're talking
about like your great grandchildren. Like with the birth date,
I think like twenty one sixty five, so more than
essentially from now, where's the birthday? George Jetson was getting aid, Yes,
because your birthday is in the future, like the far
like the far future, not like next year.
Speaker 1: And we either this is either fraudulent or we have
your birthday.
Speaker 4: Wrong, either a typo or someone stealing.
Speaker 1: Which is it? Right? Yes, you should at least ask
which is it?
Speaker 4: Do you guys feel you're getting justice and accountability?
Speaker 9: What are the extreme examples of non accountability?
Speaker 6: In some cases is has a credit as some of
the small agencies. I think the Inter American Foundation IF.
Speaker 9: Is one of the agencies to be visited where you
know they get fifty million dollars a year congressional money
to give grants. These are things like you know Apaca
farming and.
Speaker 6: Threw improving them.
Speaker 1: That's a real example, that's.
Speaker 9: The real description improving the marketability of p in Guatemala
really fruit jam and yes, what yeah, So you might expect,
you know, in the private sectory nonprofit to give you know,
eighty to ninety percent of their money to grantees. In
the case of IAF that was fifty eight percent. So
the other half goes towards management, oh.
Speaker 1: Travel, what would you find exactly? I mean too, an
example is is that even if you agreed with with.
Speaker 2: Supporting our pack up armas in Peru, well, actually most
of the money never made it out of DC. It's
going into the pockets people in the neighborhood.
Speaker 1: What percent to Peru? Right?
Speaker 4: So what percentage do you think doesn't even get to
the destination it's supposed to.
Speaker 2: I believe the GAO estimates. This is not our estimate.
I believe it was on the order of only ten
to fifteen cents on the dollar actually gets to the
end recipient. Whether you agree with that, calls are not.
Speaker 4: So they're just stealing the money before it even gets anywhere.
Speaker 1: There's layers of stealing.
Speaker 2: So this's like there's the first layer of stealing, second
layer of stealing, third layer of stealing subcontractors the exactly
contract or subcontractor subcontractors like feeling an onion and then
maybe and sometimes it's zero.
Speaker 1: Just you get to the bottom of the onion, there's
nothing there.
Speaker 4: So maybe no one got a sex change in Guatemala.
Speaker 2: It's possible that no one got a sex change of Gluatemala.
Speaker 10: I overheard a contractor tell one of her colleagues to
falsify billable hours by creating a power point to mask
and delay in the onboarding process in front of me.
And this is like hour zero at this agency. And
so I mean, this is just a common theme that
you take a look at these contracts, you take a
look at these grants and is veiled in noble rhetoric.
You know, it's at the top level. It's like, sounds good, Yeah,
it sounds amazing. And then you actually just follow what
is the what are the funds actually doing?
Speaker 1: Or send us a picture exactly, and the sent us
a picture.
Speaker 2: Request is incredibly good, like pixel it didn't happen, And
and they're like, and it wouldn't be that hard to
just frankly, they could sto just for some fake picks
on the internet, or get AI to generate the picks.
Speaker 1: But they don't even bother doing that. So you caught
them cold billing fraud.
Speaker 10: I caught them her advising or colleague to do this
because it takes a few days to onboard.
Speaker 1: So that is being investigated right now.
Speaker 2: Yeah, I mean generally, like like these programs, these grounds
are going to be like along lines of save the
baby pandas and it's like, well, of course, who wouldn't
want to save the baby pandas? And and you know,
in some cases they've got a show panda, which they
will they will try it out for special occasions. In
a lot of cases they don't even have a show panda. No,
there's not even one panda. Because we asked for pictures
and we don't even get one panda. And he's like,
well you got to well that's a lot.
Speaker 1: You know, what's the what's what's the billion dollars get you?
Does not even get you one pandam? You really want
to see a baby pandam? Yeah, Well, like you know,
like be a ball of money. We're like, okay, well
we agree with like we shouldn't have a bola. You know,
where is the money going?
Speaker 2: Oh, it's going to Deloitte and DC, Like, what is
an accounting for him doing with the Bola money?
Speaker 1: What has been the biggest resistance? Is there one agency?
Speaker 4: Is there one department that when you guys walk in,
they all start fighting, you start hiding.
Speaker 2: I'm sorry, but I guess you can answer that question. Sure,
I mean, let's let's yes, we've certainly had some battles. Battles, Yeah, yeah,
I mean you should talk about you.
Speaker 11: Said, oh yeah, okay, the small agency called the United
States Institute of Peace. It's definitely the agency we had
the most fight out. We actually went into the agency
and found they had loaded guns inside of their headquarters.
Speaker 6: And so two for peace.
Speaker 2: I mean, any given company, any given organizational name, is
going to be going to be the opposite of the title,
right yeah.
Speaker 11: Yeah, so it was by far the least peaceful agency
that we've worked with.
Speaker 1: Yeah.
Speaker 6: Ironically, of course.
Speaker 11: Additionally, we found that they were spending money on things
like private jets, and they even had a one hundred
and thirty thousand dollars contract with a former member of
the Taliban. This is real.
Speaker 6: We don't encounter that at most agencies.
Speaker 4: Yeah, what was the money going to the Taliban for
so it was a contractor.
Speaker 11: They received one hundred and thirty thousand dollars for generic services.
And to Elon's point, there was not actually a clear
description of what the contractor services were for. But was
it for opium unclear?
Speaker 6: Or weapons or nothing or nothing or a broade or yeah.
Speaker 11: And you n actually have to ask the question how
did we get here? Like when the country was founded,
there were only four agencies. Today there are over four hundred,
so there's been a one hundred xcit increase in the
number of agencies since the foundering of the nation. And
thanks to President Trump, he's now signed two executive orders
to start to reduce the number of agencies in the government,
and the institute Apiece was one of them, which is
why our team went in to try and understand what
was going on, and that's when we found all the craziness,
like the weapons and their armory. We found the payments
to the Taliban.
Speaker 1: The account Oh yeah, that so try to hide.
Speaker 11: The evidence, right, So just a few hours after we
got into their headquarters, we found that their chief accountant
had actually deleted over a terabyte of accounting records from
several leaders. So you'd have to ask the question, well,
why would somebody do that? If the Doch team fortunately
was able to recover that data with the help of
a few great employees at the Institute apiece. And I
think the most troubling thing was they received fifty five
million dollars a year from Congress, and any money that
went unspent, instead of returning that to Congress, they would
sweep it into a private bank account which had no
Congressional oversight, and that's what they would use to fund
things like events at their headquarters and the private jets.
And so I think it's a great example because most
most Americans don't know what's going on at a lot
of these smaller agencies, and this is a I think
the most extreme case of some of the.
Speaker 6: Wasteful spend that we're finding.
Speaker 4: So the agencies are hiding money from you, they're sending
into the Taliban, they have loaded weapons in the department.
Speaker 6: Buildings at the Institute of Peace.
Speaker 4: At the Institute of Peace, that's right, So this is
a cover up.
Speaker 2: When you guys roll in this one cover up, they
delete a vast amount of financial information. That's really a
definition of a cover up.
Speaker 4: Isn't that illegal to delete evidence? Yes, spread documents.
Speaker 6: It is.
Speaker 11: It's certainly illegal to delete accounting records that that Congress
would certainly want to know where the congressionally appropriated funds
are going from taxpayers when you.
Speaker 4: Catch them going Hillary style on their computers, do you
refer this to the Department of Justice?
Speaker 11: In this case, we did refer the evidence in the
accounting example to the FBI and DJ We're proud to
do that, so, yes, we did.
Speaker 12: Resistance has shown up in some very surprising places. So
for example, the famous fork in the Road email, the
deferred resignation program. So this was a program where you
could resign from the government, collect paying benefits for the
next eight months, probably the most attractive separation program ever
in human history. And the resistance actually came from the
outside with people saying this is a trick, and I've
heard somebody refer to it as an apple with a
razor blade, and no, this was just a.
Speaker 1: Really juicy apple, caramel dipped apple. It was that good.
Speaker 6: But people were talked out of taking it.
Speaker 5: And now what started to happen is we did it,
about eighty thousand people take it, and now those folks
who didn't take it are on the beach, or they've
moved on to a new job and they're still getting paid.
And so now we're starting to offer fork two and
fork three where people can see that someone's eating this
apple and it was actually really tasty and good for them.
Speaker 4: Is those just getting started. This is a long term enterprise.
Speaker 2: It's a long time enterprise because if we take our
eye off the ball, the waist and fraud will come
roaring back.
Speaker 4: They can doze, doze when Democrats get back in power.
Speaker 1: Yeah, yeah, well.
Speaker 2: I think some of the things that like, we're trying
to have it be such that the funny is removed,
so the grants are gone.
Speaker 1: So there's that there's a lot of work
Speaker 2: Required to restart the waste of fraud and that