Investor's Edge with Gary Kaltbaum - GaryK's DOGE Moment Segment_03.11.2025 TUES

Episode Date: March 11, 2025

Gary K's thoughts and opinions on DOGE 03.11.2025https://garykaltbaum.comDisclaimer: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.

In today's Doge moment and the things they are finding, are you ready? This would have never been found. Nobody would ever talk about. In the years 2020 to 2021, the Small Business Administration granted 5,593 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. While it is possible to have business arrangements where this is legal, that is highly unlikely for 5,593 loans. You ready for the next? On Friday, there were 162 cancellations of non-essential contracts with a sealing vexed.

value of $205 million and savings of $90 million. I'm going to just mention to you one of the contracts, and I'm not making this up. It was a USDA contract for $10.3 million. They had a $10.3 million contract to identify unnecessary contracts. We're not making this up. You would think this is a comedy act, but they were going to spend 10.3 million of our tax dollars in order to identify unnecessary contracts. Why would you need to put aside 10.3 million of our tax dollars to do something you should be doing no matter what? Do you know why?

Because they're paying people off. It's the Gambinos and the Gatties that have been in our government. for years. They pay themselves tributes in every way, shape, or form. Unbelievable. Unbelievable. They really don't care about us. We're nobodies.

We're slush funds. That's it. That's all we are. They hate us. They're laughing at us. I think I can leave the Doge moment for today and let that stand. So much more coming out. We'll save more for another day.