Investor's Edge with Gary Kaltbaum - GaryK DOGE Moment_03.24.2025 MON

Episode Date: March 24, 2025

Gary K's thoughts and opinions on DOGE 03.24.2025https://garykaltbaum.com#doge #moment #garyk #market #investments #usa #politics #finance __________Disclaimer:The opinions you hear on BizTalkRadio, B...izTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio et al does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.

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Starting point is 00:00:26 That's Tommyjohn.com, CodeCompert. Tommy John. Comfort perfected. Hey, Doge Moment. Mr. Musk, who by the way, is being threatened with his life, his Tesla owners are getting keyed and cars destroyed. Some of the Tesla places where you buy the cars are getting destroyed. Yeah. The tolerant left.
Starting point is 00:01:06 Anyway, he revealed that Doge found $330 million in small business administration loans to people under 11 years old. The youngest was a nine-month-year – nine-month-old received $100,000 loan. By the way, I'm not making this up. One would think I was making this up. I am not making this up. It's amazing. It's amazing. It's amazing.
Starting point is 00:01:44 More in a Doge moment. From the Secretary of Defense, over 580 million in contracts and grants were terminated, there was actual HR IT development program called the symbol is DCHRMS. That is $280 million over budget and five years behind schedule with two more years to go. Government.
Starting point is 00:02:30 They shut it down. They found this. And remember what we told you, they're going to be amazed at what they found. Just remember, when you have access to trillions of dollars with nobody looking over your shoulder, you don't give a crap. It's not your money. If it was your money, maybe you would.
Starting point is 00:02:53 NASA, they eliminated unused purchasing cards, and terminated 420 million in unneeded contracts, including 45 million and three separate contracts for change management support services. Not one person can explain what it was for. Think of the dollars that I am mentioning to you. Think of the size, these dollars I am mentioning to you. It's stunning. And they're going to find more.
Starting point is 00:03:35 They're going to find a hell of a lot more. And I am still hoping they are going to haul a bunch of arses up on Capitol Hill. there has been so much thievery they're going to find I can't even begin to tell you. They're going to find people and politicians and ex-politicians getting $100 million grants and just $2.5 million going into their pockets. Yeah, it's my commission. They're going to find that. Your government.
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