Posted on 03/11/2025 5:41:38 AM PDT by MtnClimber
Elon Musk in an interview with FOX Business Channel host Larry Kudlow said there is a "gigantic fraud loophole" for NGOs to receive government money.
LARRY KUDLOW, FOX BUSINESS: Yes, yes. So demystify this. How do you do it? How big is your team? Where do you recruit most of them from? And what is it that makes you choose, you know, the Treasury or Social Security or USAID? How does it work? Let the public know, please.
ELON MUSK, DOGE: Right. Well, we just basically follow the money. You know, we look at the president's executive orders and we also just follow the money.
So we started looking closely at USAID because they were completely violating the president's executive orders to suspend foreign aid, you know, what's called foreign aid, but in our view is a lot of corruption. So what we saw there is just a tremendous amount of money being sent to non-governmental organizations. But actually, this, by the way, is, I think, one of the biggest sources of fraud in the world is government-funded, non-governmental organizations.
This is a gigantic fraud loophole where the government can give money to an NGO and then there are no controls over that NGO. So they've given billions of dollars, in fact, we estimate tens of billions of dollars to NGOs that are essentially scams. By the way.
I'm trying to put a stop to that.
(Excerpt) Read more at realclearpolitics.com ...
See the FULL interiew, everyone. It's terrific! I did a Google video search on "Kudlow Musk" and was directed to the full 17 minute + conversation. YouTube: Elon Musk exposes why Democrats don’t want ‘waste and fraud’ to be turned off Great insights on how DOGE operates and the consequences of NOT taking action to root out waste, fraud and abuse at the Federal level. |
From Wikipedia:
In 2009, the Obama administration co-signed $535 million in loans to Solyndra.
Heavily promoted as a leader in the sustainable energy sector for its unusual technology, Solyndra was not able to compete with conventional solar panel manufacturers of crystalline silicon. The company filed for bankruptcy on September 1, 2011.
The Iraq War was in 2003.
“What motivation do our congressional representatives have to stop this? It doesn’t hurt them when tax dollars are being wasted.”
Our founding father knew the Republic would fail if:
1). The people did not believe in God and try to live by his commandments.
2). Public office holders were not virtuous people.
Elon’s got their number - - Expensive scams and most are most anti-American scams.
Musk said a report during the Biden administration showed over $500 billion was fraud per year! I bet you can cut by half as starters the budget and block all the fraud and not notice any change in your life.
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