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Speaker 1: So like a board meeting, like a board meeting.

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Speaker 2: Exactly. All right, well, I guess we normally go on

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the table say what do we get done this week?

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Speaker 3: Sure, we saw with you, so actually a lot of

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great work in the treasury this week. One of the

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crazy things with regards to the Treasury is that when

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a payment is made, and the computers at the Treasury

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actually paid about five trillion dollars per year, like crazy amounts.

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There was formerly not a budget code on there, so

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if not a payment was made, you didn't know actually

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what it was for.

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Speaker 1: It could have been for anything.

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Speaker 3: Yeah, there was a four billion dollars COVID fund in

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the Department of Education and there was no receipts required,

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so people we just drawed down on it. And when

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people looked into it, this wasn't justice was before us.

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They found that money was being used to rent out

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Caesar's Palace for parties, rent out stadiums, et cetera. And

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so the one change that DOGE made with our education

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is we had the simple requirement that if you draw

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down money, you must first upload a receipt. That was

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the only change that was made. You must upload your

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receipt and upon doing so. Yes, nobody drew down any

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money anymore.

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Speaker 2: Yes, but we didn't say that we'd check the receipt.

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You could send a bank receipt, you could send a

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picture of your.

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Speaker 1: Dog, anything, anything, anything.

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Speaker 2: But as soon as we asked for anything at all,

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that something, the requests.

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Speaker 1: Were like, oh, we don't need it anymore. Oh that's interesting.

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They were renting Caesar's palace.

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Speaker 2: Yes, they were like basically partying on the text tayer

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of money.

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Speaker 1: Stadiums, Yes, leasing.

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Speaker 2: Stadium mssing stadiums for what for parties? Basically for parties.

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Speaker 1: Yes, that's a big parties, big party.

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Speaker 4: You'd think if you were stealing, you'd start small.

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Speaker 2: They do stop small, But then what happens is over

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the years. So generally the fraud starts out small and

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they try to hide it. But then year after year,

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if nobody stops the fraud, it gets more and more brazen,

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and every year it gets bigger until they're literally renting

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out stadiums like.

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Speaker 1: Millions to run out of the stadium. Fraud infragrante delecto. Okay,

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we're talking about at scale.

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Speaker 4: This is driving me crazy. When you find these things,

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do you guys get mad? And you're like, yes, I

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got one.

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Speaker 1: How does it?

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Speaker 4: How does it make you feel so common?

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Speaker 1: I mean you just get numb it. Unfortunately, like the

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hundredth time you've heard it, you're just tald not to.

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Speaker 2: Get a little numb, you know, like and by the

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two hundred time, you're like, well, okay, it's just another

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day at the office.

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Speaker 5: We checked, is the Small Business Administration giving loans to

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dead people?

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Speaker 6: People over the age of one hundred and twenty.

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Speaker 5: The answer was yes, and it was around three hundred

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thirty million dollars in total.

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Speaker 2: So people with a birthday that could not possibly be real,

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meaning they're they're over one hundred there one hundred and

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fifteen years old or older.

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Speaker 1: The oldest living Americans one hundred and fourteen.

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Speaker 2: So the safe to save anybody is in the system

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as one hundred and fifteen years or older.

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Speaker 1: That is fake.

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Speaker 7: So just by sharing a database and looking at social

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Security numbers that showed that at the time of the

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loan they had listed at over one hundred and fifteen

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years old were actually under eleven. We didn't even check

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that for under eighteen. Maybe under eleven years old.

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Speaker 1: That's pretty great, baby had people were getting loans that was.

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Speaker 6: Six hundred and sixty million dollars.

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Speaker 1: And also people with birth dates in the future. What

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does that mean? Well, in one I mean I think

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like the birthday, birthday.

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Speaker 8: I think in one case was like fetuses, we're getting

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well not even really is sort of a you're talking

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about like your great grandchildren. Like with the birth date,

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I think like twenty one sixty five, so more than

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essentially from now, where's the birthday? George Jetson was getting aid, Yes,

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because your birthday is in the future, like the far

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like the far future, not like next year.

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Speaker 1: And we either this is either fraudulent or we have

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your birthday.

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Speaker 4: Wrong, either a typo or someone stealing.

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Speaker 1: Which is it? Right? Yes, you should at least ask

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which is it?

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Speaker 4: Do you guys feel you're getting justice and accountability?

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Speaker 9: What are the extreme examples of non accountability?

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Speaker 6: In some cases is has a credit as some of

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the small agencies. I think the Inter American Foundation IF.

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Speaker 9: Is one of the agencies to be visited where you

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know they get fifty million dollars a year congressional money

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to give grants. These are things like you know Apaca

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farming and.

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Speaker 6: Threw improving them.

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Speaker 1: That's a real example, that's.

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Speaker 9: The real description improving the marketability of p in Guatemala

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really fruit jam and yes, what yeah, So you might expect,

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you know, in the private sectory nonprofit to give you know,

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eighty to ninety percent of their money to grantees. In

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the case of IAF that was fifty eight percent. So

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the other half goes towards management, oh.

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Speaker 1: Travel, what would you find exactly? I mean too, an

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example is is that even if you agreed with with.

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Speaker 2: Supporting our pack up armas in Peru, well, actually most

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of the money never made it out of DC. It's

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going into the pockets people in the neighborhood.

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Speaker 1: What percent to Peru? Right?

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Speaker 4: So what percentage do you think doesn't even get to

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the destination it's supposed to.

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Speaker 2: I believe the GAO estimates. This is not our estimate.

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I believe it was on the order of only ten

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to fifteen cents on the dollar actually gets to the

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end recipient. Whether you agree with that, calls are not.

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Speaker 4: So they're just stealing the money before it even gets anywhere.

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Speaker 1: There's layers of stealing.

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Speaker 2: So this's like there's the first layer of stealing, second

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layer of stealing, third layer of stealing subcontractors the exactly

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contract or subcontractor subcontractors like feeling an onion and then

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maybe and sometimes it's zero.

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Speaker 1: Just you get to the bottom of the onion, there's

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nothing there.

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Speaker 4: So maybe no one got a sex change in Guatemala.

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Speaker 2: It's possible that no one got a sex change of Gluatemala.

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Speaker 10: I overheard a contractor tell one of her colleagues to

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falsify billable hours by creating a power point to mask

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and delay in the onboarding process in front of me.

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And this is like hour zero at this agency. And

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so I mean, this is just a common theme that

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you take a look at these contracts, you take a

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look at these grants and is veiled in noble rhetoric.

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You know, it's at the top level. It's like, sounds good, Yeah,

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it sounds amazing. And then you actually just follow what

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is the what are the funds actually doing?

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Speaker 1: Or send us a picture exactly, and the sent us

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a picture.

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Speaker 2: Request is incredibly good, like pixel it didn't happen, And

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and they're like, and it wouldn't be that hard to

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just frankly, they could sto just for some fake picks

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on the internet, or get AI to generate the picks.

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Speaker 1: But they don't even bother doing that. So you caught

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them cold billing fraud.

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Speaker 10: I caught them her advising or colleague to do this

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because it takes a few days to onboard.

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Speaker 1: So that is being investigated right now.

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Speaker 2: Yeah, I mean generally, like like these programs, these grounds

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are going to be like along lines of save the

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baby pandas and it's like, well, of course, who wouldn't

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want to save the baby pandas? And and you know,

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in some cases they've got a show panda, which they

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will they will try it out for special occasions. In

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a lot of cases they don't even have a show panda. No,

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there's not even one panda. Because we asked for pictures

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and we don't even get one panda. And he's like,

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well you got to well that's a lot.

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Speaker 1: You know, what's the what's what's the billion dollars get you?

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Does not even get you one pandam? You really want

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to see a baby pandam? Yeah, Well, like you know,

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like be a ball of money. We're like, okay, well

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we agree with like we shouldn't have a bola. You know,

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where is the money going?

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Speaker 2: Oh, it's going to Deloitte and DC, Like, what is

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an accounting for him doing with the Bola money?

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Speaker 1: What has been the biggest resistance? Is there one agency?

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Speaker 4: Is there one department that when you guys walk in,

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they all start fighting, you start hiding.

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Speaker 2: I'm sorry, but I guess you can answer that question. Sure,

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I mean, let's let's yes, we've certainly had some battles. Battles, Yeah, yeah,

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I mean you should talk about you.

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Speaker 11: Said, oh yeah, okay, the small agency called the United

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States Institute of Peace. It's definitely the agency we had

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the most fight out. We actually went into the agency

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and found they had loaded guns inside of their headquarters.

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Speaker 6: And so two for peace.

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Speaker 2: I mean, any given company, any given organizational name, is

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going to be going to be the opposite of the title,

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right yeah.

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Speaker 11: Yeah, so it was by far the least peaceful agency

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that we've worked with.

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Speaker 1: Yeah.

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Speaker 6: Ironically, of course.

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Speaker 11: Additionally, we found that they were spending money on things

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like private jets, and they even had a one hundred

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and thirty thousand dollars contract with a former member of

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the Taliban. This is real.

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Speaker 6: We don't encounter that at most agencies.

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Speaker 4: Yeah, what was the money going to the Taliban for

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so it was a contractor.

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Speaker 11: They received one hundred and thirty thousand dollars for generic services.

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And to Elon's point, there was not actually a clear

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description of what the contractor services were for. But was

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it for opium unclear?

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Speaker 6: Or weapons or nothing or nothing or a broade or yeah.

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Speaker 11: And you n actually have to ask the question how

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did we get here? Like when the country was founded,

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there were only four agencies. Today there are over four hundred,

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so there's been a one hundred xcit increase in the

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number of agencies since the foundering of the nation. And

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thanks to President Trump, he's now signed two executive orders

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to start to reduce the number of agencies in the government,

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and the institute Apiece was one of them, which is

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why our team went in to try and understand what

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was going on, and that's when we found all the craziness,

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like the weapons and their armory. We found the payments

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to the Taliban.

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Speaker 1: The account Oh yeah, that so try to hide.

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Speaker 11: The evidence, right, So just a few hours after we

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got into their headquarters, we found that their chief accountant

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had actually deleted over a terabyte of accounting records from

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several leaders. So you'd have to ask the question, well,

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why would somebody do that? If the Doch team fortunately

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was able to recover that data with the help of

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a few great employees at the Institute apiece. And I

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think the most troubling thing was they received fifty five

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million dollars a year from Congress, and any money that

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went unspent, instead of returning that to Congress, they would

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sweep it into a private bank account which had no

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Congressional oversight, and that's what they would use to fund

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things like events at their headquarters and the private jets.

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And so I think it's a great example because most

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most Americans don't know what's going on at a lot

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of these smaller agencies, and this is a I think

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the most extreme case of some of the.

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Speaker 6: Wasteful spend that we're finding.

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Speaker 4: So the agencies are hiding money from you, they're sending

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into the Taliban, they have loaded weapons in the department.

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Speaker 6: Buildings at the Institute of Peace.

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Speaker 4: At the Institute of Peace, that's right, So this is

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a cover up.

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Speaker 2: When you guys roll in this one cover up, they

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delete a vast amount of financial information. That's really a

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definition of a cover up.

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Speaker 4: Isn't that illegal to delete evidence? Yes, spread documents.

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Speaker 6: It is.

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Speaker 11: It's certainly illegal to delete accounting records that that Congress

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would certainly want to know where the congressionally appropriated funds

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are going from taxpayers when you.

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Speaker 4: Catch them going Hillary style on their computers, do you

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refer this to the Department of Justice?

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Speaker 11: In this case, we did refer the evidence in the

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accounting example to the FBI and DJ We're proud to

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do that, so, yes, we did.

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Speaker 12: Resistance has shown up in some very surprising places. So

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for example, the famous fork in the Road email, the

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deferred resignation program. So this was a program where you

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could resign from the government, collect paying benefits for the

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next eight months, probably the most attractive separation program ever

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in human history. And the resistance actually came from the

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outside with people saying this is a trick, and I've

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heard somebody refer to it as an apple with a

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razor blade, and no, this was just a.

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Speaker 1: Really juicy apple, caramel dipped apple. It was that good.

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Speaker 6: But people were talked out of taking it.

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Speaker 5: And now what started to happen is we did it,

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about eighty thousand people take it, and now those folks

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who didn't take it are on the beach, or they've

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moved on to a new job and they're still getting paid.

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And so now we're starting to offer fork two and

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fork three where people can see that someone's eating this

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apple and it was actually really tasty and good for them.

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Speaker 4: Is those just getting started. This is a long term enterprise.

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Speaker 2: It's a long time enterprise because if we take our

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eye off the ball, the waist and fraud will come

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roaring back.

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Speaker 4: They can doze, doze when Democrats get back in power.

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Speaker 1: Yeah, yeah, well.

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Speaker 2: I think some of the things that like, we're trying

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to have it be such that the funny is removed,

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so the grants are gone.

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Speaker 1: So there's that there's a lot of work

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Speaker 2: Required to restart the waste of fraud and that