Investor's Edge with Gary Kaltbaum - GaryK's DOGE Moment_02.26.2025 WED

Episode Date: February 26, 2025

Gary K's thoughts and opinions on DOGE 02.26.2025 Wednesdayhttps://garykaltbaum.com#doge #moment #garyk #market #investments #usa #politics #finance Disclaimer:The opinions you hear on BizTalkRadio, BizTV, 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.

It's time for the Doge moment, and this is what I love about what they are doing. You ready? So you know, there's something called the Department of Veteran Affairs. What it is supposed to do is take care of veterans. I believe health care and benefits. My father is a veteran, and he gets veterans benefits. He also gets veterans' health care when need be. they the VA secretary Doug Collins who I think used to be I don't know if he was a center maybe

was a congressman whatever he was he's now the VA secretary they found two billion dollars in contracts that they can easily cancel and they are redirecting those funds to just plain old health care and benefits let me tell you what they're finding I'm going to use my word bazillion. They are finding bazillions of dollars going to consultants. They're finding bazillions of dollars going towards consultants for PowerPoint slides and meeting minutes. By the way, we're not making this up. They're finding bazillions of dollars on coaching and training,

and billions of dollars on executive support. So what they are doing is say, screw this, we have to take care of the veterans. We're going to direct these funds directly to their benefits and their health care. Yay! That's what I love about Doge. Not necessarily having to save money, get rid of waste, which is great, but directing money to where it needs to go.

and at better use. That's for starters. The federal government is now going to have annual rent savings through cancellations of 250 plus, get this, vacant or underutilized leases that they are paying on totaling 3 million square feet. They already have 7,250 current leases. They think this is going to save 100 million of our tax dollars.

Yay! Think about that. Three million square feet not being used or underutilize. You know why this happens? Because they don't give a crap. It's not their money. They're not accountable to a balance sheet. They just run up more debt and more debt and more debt and more debt.

We're also finding out licenses. 380 Microsoft 365 licenses with zero users. 128 Microsoft Teams Conference Roos licenses only installed in 30 rooms. 250 VS code licenses only using 33. 129 Photoshop licenses only using 22. That's just little stuff. But the little stuff counts. Just remember what we have told you about these people.

They have created a situation where they have marketed to you. Oh, it's only a million. What did I tell you about the woman of USAID? Samantha Power goes on CNN and says, we're not even 1% of the budget. It was $50 billion. The nerve of her, $50 billion, but don't worry it's not even

this is what we're talking about so that is a little bit ladies and gentlemen of today's Doge moment they are at work working for you the taxpayer while the other side is out there in a microphone saying they're going to get rid of your social

security they're not there's your Doge moment today