Investor's Edge with Gary Kaltbaum - GaryK's DOGE Moment_04.02.2025 WED

Episode Date: April 2, 2025

Gary K's thoughts and opinions on DOGE 04.02.2025 Wednesdayhttps://garykaltbaum.com#doge #moment #garyk #market #investments #usa #politics #finance __________Disclaimer:The opinions you hear on BizTa...lkRadio, 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.

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Starting point is 00:00:26 That's Tommyjohn.com, code comfort. Tommy John Comfort perfected Well, here you go This is what we mean by the good Doge moment And we don't understand these ass clowns Pissed off at Elon Musk And destroying Tesla's
Starting point is 00:00:40 They're such morons They're such stupid, imbecilic morons That they're saving them And the government spending. Get this. You ready? Little things. The VA was previously paying three,
Starting point is 00:00:58 $380,000 a month for minor website modifications. What would that be about $4 million a year? Little. The contract has not been renewed and the same work now is being executed by one internal VA software engineer spending 10 hours a week. This is what we mean. So let me explain this. When it's not your money, when it's not your money,
Starting point is 00:01:29 you get your friends that are software engineers and say, I have four million bucks to spend. Here you go. Seriously, that's our government. And now that Doge comes in, one person, 10 hours a week, just save $4 million. But don't worry, it's only $4 million. Only $4 million. agencies terminated 80 wasteful contracts today with a ceiling value of 203 million and savings of 139 million including, and again, we don't make any of this up. A 2.1 million management consulting contract.
Starting point is 00:02:20 Notice I keep coming up with the words consultant and consulting and contractor. It's payoffs. Get this. A management consulting. contract for a senior advisor in the Democratic Republic of Congo, 2.1 million. They're just throwing our freaking money around. And just remember, if a hundred billion is a footnote, just know what two million is. They don't care. Remember, the head of the U.S. aid had the nerve to go on 60 minutes, and she didn't realize how stupid she looked.
Starting point is 00:03:02 We're not even 1% of the budget, she said. It's $50 billion she was getting a year. And what did she do? She mismanaged it and made them look bad. When USA does a lot of good things, but then they decided to go nuts with it, and they're still trying to figure out how this woman ended up with millions over a few year period. They abused it. they abused it and how about this each year the united states institute of peace i don't know what that is
Starting point is 00:03:47 but the united states institute of peace receives 55 million in congressional taxpayer funds prior management would sweep the excess funds into its private endowment with zero congressional oversight In the past 10 years, they had transferred 13 million to its private endowment. Some of the contracts that have been canceled, 132,000 to Mohammed Halimi, an ex-Taliban member, who is Afghanistan's former chief of protocol, $2.2 million to its outside accountant. $1.3 million to Al-Tahataman Iraqi League for youth. What the hell is going on here? Instead of destroying Teslas, you should be kissing his arse.
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