Musk Unveils Insane Fed Retirement System Deep In a Cave!
100 Percent Fed Up ^ | February 11, 2025 | Staff
Posted on 2/12/2025, 6:29:15 AM by Red Badger
Every day we learn something new from Elon Musk’s DOGE team…. Today we learned the absolutely INSANE process our Government uses for Federal Employee Retirements. You wouldn’t think that would be anything special or weird, but it is!
For some reason, back in the 1950s, our Government decided that Federal Employee Retirements would be processed in an abandoned limestone mine in Pennsylvania, 230 feet underground. Because….why not? Is that the most insane and stupid thing you’ve ever heard?
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Here’s why lefty @RepRaskin is terrified of @elonmusk and DOGE auditing the US Treasury.
Backstory——during the Obama admin Democrat Cong Jamie Raskin’s wife
<><>served at top levels of the US Treasury
<><>as well as at the Federal Reserve
<><>she was on the advisory board of the Federal Reserve Trust.
<><>After 8 months, Raskin disclosed she sold 195,936 shares of Reserve Trust, while a board member.
<><>The sale gave $1.5 million profit to Raskin and his wife.
<><>The transaction was a violation of the Stock Act (more below).
But that’s not the real story, the real story is that
<><>in 2018, the Fed granted Reserve Trust unusual access to its master account —
<><>a master account facilitates payments for financial groups thru the Fed’s payment systems.
<><>an enviable “get” that allows moving money for customers without relying on banks.
<><>This was the only state-chartered trust company in the country to get one.
<><>And that’s why she and Raskin gained $1.5 million dollars in exchange.
The Stop Trading on Congressional Knowledge Act (STOCK Act) is a law that prohibits members of Congress and their employees from using nonpublic information for personal gain.