Investor's Edge with Gary Kaltbaum - GaryK's DOGE Moment Segment_03.04.2025 TUES

Episode Date: March 5, 2025

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Transcript
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Starting point is 00:00:00 But we're going to start out with the Doge moment, but first the introductions. In case you don't know, this is serious talk. We'll talk markets, the economy, jobs, unemployment, taxes, deficit spending, scams, shams, corruption, doge. You name it, we cover it. In case you don't know the president's speaking to both chambers tonight. I don't think they call it the state of the union. I don't know exactly what they call it, but it's kind of sort of the state of the union address type of thing. We'll see.
Starting point is 00:00:32 If you do not get this show and you sit who posted at gary k.com, we'll post it on our Twitter feed, which is now X. And if you don't follow us on X, you should. And if you'd like to email us, all you got to do is be nice. So ladies and gentlemen, what I'm about to talk about, these people that did what they did are lucky. I am not the Attorney General of this country. they are lucky that I am not head of the Justice Department. They are lucky I am not in power because I would rip the stuffings out of what I'm about to tell you and what they did. So let's backtrack.
Starting point is 00:01:21 Remember, these were people running government. These were people running government. I told you a couple of years back when they came out this $1.8 trillion BS. They said it was for inflation, and then Biden came out and said, no, no, there's no inflation things in there. Gave $350 billion to this guy, John Podesta, who was a longtime Democratic hack. That's how I define him. I said to you on this show, under no uncertain terms and with no sarcasm, that all these people that are connected are running to Delaware and are going to start up companies,
Starting point is 00:02:06 nonprofits for climate and put themselves and their friends on the board and they've never had anything to do with climate and they're going to end up with big salaries and there'll be absolutely no accounting of all the freaking dollars that are our dollars are tax dollars not theirs
Starting point is 00:02:31 so are you ready The climate, these are all going out the door at the end of the Biden four years. These are all things that were created, created. These were all created in the last couple of years. The Climate United Fund got 6.9 billion of our tax dollars. It's led by ex-Obama and Biden officials. The Community Preservation Corp, 2.4 billion. The CEO worked under New York City Mayor Michael Bloomberg.
Starting point is 00:03:32 The Coalition for Green Capital, 5 billion of our tax dollars. Ex-Biden climate aid and top Democratic donors. Power-forward communities, $2 billion. The CEO was Obama-era Fannie Mae Chief. Enterprise Community Partners, $589 million, led by the ex-Obama Housing and Urban Development Secretary. Rewiring America, $490 million of our tax dollars. The CEO was tied to the Obama White House, and Stacey Abrams, where'd we hear that name from, is on the staff. Boy, she's a professional.
Starting point is 00:04:35 How about the Local Initiative Support Corp? $590 million of our tax dollars. An ex-Clinton Treasury Secretary chairs the board. How about the Opportunity Finance Network, 2.3 billion of our tax dollars? The CEO was appointed to the Biden Treasury Board. How about the Climate United Fund? $6.9 billion, led by ex-Obama and Biden officials. Coalition for Green Capital, $5 billion.
Starting point is 00:05:18 Ex-Biden, climate aid, and top Democrat donor ties. Power Forward Community. CEO was Obama-era Fannie Mae Cheap. Did I already say that? Do I need to do any more? How about inclusive, $1.8 billion? How about Justice Climate Fund? $940 million was formed to target greenhouse gas fund cash.
Starting point is 00:05:47 How about the Appalachian Community Capital, $500 million? The CEO held the Treasury advisory role. How about the native CDFI network, $400 million. It's a nonprofit with no major funding history. We try to be careful with our words here. These are a bunch of grifting scumbags that used their connections with the scumbag Biden who handed this stuff out
Starting point is 00:06:22 and God only knows how much he's getting paid through. These are our tax dollars going to waste. Going to waste. they can't go to jail they did it legally legal grift boy you should be pissed off no wonder they're having
Starting point is 00:07:05 fits no wonder the left is going crazy these are all their friends and buddies and I guarantee you some politicians are doing quarter million dollar speeches to some of these outfits that's how they get paid that's how some of these politicians
Starting point is 00:07:27 on 180,000 a year are worth $25 million. This wasn't just the Doge moment. This is the Doge segment. They can all rot. Because none of these outfits are doing anything for anybody except enriching themselves and funneling our tax dollars into favorite places. The good news,
Starting point is 00:07:57 this administration and Lee Zeldon and others are doing everything to claw back every single dime and if I with them I'd be putting every one of them up in front of Congress and asking them where the money is
Starting point is 00:08:15 and what exactly are they doing they'd all turn into Ralph Cramden and go humana humana humana pissed off I am you should be They're dirt bags. I wish I had better news.
Starting point is 00:08:48 As we always say to you, we don't like doing this. We take no joy. But they're crooks. They're crooked. They're sleaze bags. They're greedy, leftist, Marxist, socialists that are only Marxists and socialists with our life and our money. And you know what they are with their money.
Starting point is 00:09:12 That's your Doge. equipment.

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