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Tuesday, February 11, 2025

A billion dollars of fraud every week


For John, BLUFThe Bureaucrats at Treasury, and perhaps elsewhere, slowly slipped into a routine of no checking on the Peoples' money.  Nothing to see here; just move along.




Here is the sub-headline:

Inside Treasury's War Against Its Own Reformers

From EKO Loves You, by Blogger EKO, 9 February 2025.

Here is the lede plus one:

When DOGE found empty fields in Treasury's payment system, they uncovered more than missing data.

They found a mechanism.

Simple things were left blank:

  • Payment categories
  • Payment rationales
  • Basic audit controls
The kind of fields any small business would require.  The kind that let you track where money goes.  The kind that stop a billion dollars of fraud.  Every week.

Here's what Treasury didn't want exposed:

Over $100 billion flowing annually to accounts without Social Security numbers.  No temporary ID numbers. No verification. Nothing.

When Musk asked Treasury officials how much was "unequivocal and obvious fraud," the answer revealed decades of corruption: HALF

Let that sink in.

$50 billion per YEAR.

A billion dollars every SINGLE week disappearing into accounts that shouldn't exist.

It is like the Federal Bureaucracy had become an ever growing, self serving mechanism, immune from oversight.

And, it appears the Federal Courts are in sympathy with this jaugernaut, and willing to shield it from scrutiny.

Hat tip to the Citizen Free Press.

Regards  —  Cliff

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