Showing posts with label Elon Musk. Show all posts
Showing posts with label Elon Musk. Show all posts

Monday, May 12, 2025

No DOGE savings show up in April US Treasury Statement of Receipts and Outlays of the Federal Government, but higher deficits sure do, $194 billion higher year to date than last year

Fiscal 2025 deficit, October-April: $1.049 trillion

Fiscal 2024 deficit, October-April: $0.855 trillion

Increase in the deficit in 2025 Oct-Apr: $194 billion 

 

Meanwhile CNBC blows smoke up your ass:

 

 



Friday, April 25, 2025

Ding dong Howard Lutnick says we're going to be training all those new factory workers how to spy lol

And Elon Musk wanted this guy to be Treasury Secretary instead of Bessent, which is even funnier.

 

 


Wednesday, April 23, 2025

Elon Musk and Scott Bessent got into a shouting match in the White House last Thursday which included Bessent loudly criticizing Musk for overpromising and under-delivering DOGE cuts

The Treasury Secretary would know, of course, because he has to report income and outlays every month.

One person who witnessed the dispute said:

It was quite a scene. It was loud. And I mean, loud.

The story is here.

Thursday, April 10, 2025

As predicted, the hubris of Elon Musk's promises of $2 trillion in DOGE savings now crashes on the rocks of reality as he promises only $150 billion in savings in FY 2026


 

 Have there been no savings from the Department of Defense, the costliest department in the federal government? No $1,000 toilet seats to be found? No savings from sex change operation eliminations? How about the $7 billion in military equipment left behind in Afghanistan, stuff like that? Didn't we get booted from Niger last year? Anything left behind there? You get the idea, but we've heard nothing about Department of Defense waste, fraud, and abuse.

I mean, where did Army Surplus come from in the first place?

Oh, by the way, the Pentagon failed its seventh audit in a row in November 2024. It has $4 trillion in assets in every US state and 4,500 locations worldwide, but Elon Musk couldn't find one thing to eliminate?

Yeah, but they're on track to fire 300,000 federal workers.

Meanwhile the $150 billion in claimed savings to come, if they actually do get here, is already gone, swallowed up by the Giant Squid. The deficit year to date is already $242 billion higher than it was last year at this time.

DOGE has been nothing but theatre, and Elon's just taking a bow as his gig comes to an end at the close of May.

Has anything in recent memory failed more spectacularly than this?

 


 

 

No DOGE savings show up in March US Treasury Statement of Receipts and Outlays of the Federal Government, but higher deficits sure do, $242 billion higher year to date than last year


 

 The fiscal year to date deficit last year was $1.064691 trillion.

The fiscal year to date deficit this year is $1.307132 trillion, $242.441 billion higher. 

The monthly US Treasury statement may be found here.

Tuesday, April 8, 2025

DOGE World's Elon Musk tries to escape universal opprobrium, calls Tariff World's Peter Navarro Peter Retarrdo, dumber than a sack of bricks

Might as well go out with guns a-blazin'.

Musk is a free-trader who is not down for the tariff struggle.

 




Sunday, April 6, 2025

Elon Musk forgets that Peter Navarro built license plates for four months last year lol

 

... “A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains>>1 problem,” Musk wrote in one post. (Navarro earned a PhD in economics from Harvard in the 1980s.)

The Department of Government Efficiency head replied to another user’s comment on the video lauding Navarro’s explanation, writing of the economist: “He ain’t built shit.” ...

More



this was subsequently deleted by Musk

Tuesday, April 1, 2025

The New York Times has called the race for the Wisconsin Supreme Court for the candidate endorsed by Democrats

 Elon Musk had invested heavily in electing the candidate endorsed by Republicans in the race.

 


Friday, March 28, 2025

Elon Musk hasn't saved the taxpayers anything, year-to-date spending is actually 7.4% higher in 2025 than in 2024

 Reported here:

... The Hamilton Project, an economic policy think tank, tracks federal spending using daily treasury statements published by the government.

These data show that the federal government had spent $1.893 trillion in 2025 as of March 26, compared to $1.763 trillion at the same date last year. In other words, federal spending in on pace to come in 7.4% higher this year than last. ...

 

Andrew Sullivan today: The GOP Congress has long since become the equivalent of Putin’s Duma — a rubber-stamp body designed solely to support the executive branch

 Here.

 


 

 

 

 

 

 

 

 

 

(shadow banned by Elon Musk)

Thursday, March 27, 2025

Wednesday, March 26, 2025

The incompetence of Signalgate comes on the heels last month of a Tass News Agency journalist gaining access to the Oval Office meeting with Zelenskyy

It's all part of a pattern of incompetence which includes Elon Musk firing people indiscriminately and then having to scurry and rehire people in critical positions who never should have been fired in the first place.

 Amateur Hour 2.0


 

US Postal Service will not count Saturday as a transit day for packages starting April 1, adding an extra day, and some first class mail will experience delays

 More here.

... Despite generating $79 billion in revenue in 2023, the USPS lost $6.5 billion. ...

In conjunction with DOGE, the USPS announced it would be cutting around 10,000 jobs by using an early retirement program. Select employees would be offered $15,000 for taking their retirement early - a move that’s expected to save the agency billions. ...

Tuesday, March 25, 2025

Trump and Musk are crashing Social Security and its elderly customers are panicking

 


 The Social Security Administration website crashed four times in 10 days this month, blocking millions of retirees and disabled Americans from logging in to their online accounts because the servers were overloaded. ...

The turmoil is leaving many retirees, disabled claimants and legal immigrants who need Social Security cards with less access or shut out of the system altogether, according to those familiar with the problems. ...

Leland Dudek — the accidental leader elevated to acting commissioner after he fed data to Musk’s team behind his bosses’ backs — has issued rapid-fire policy changes that have created chaos for front-line staff. Under pressure from the secretive Musk team, Dudek has pushed out dozens of officials with years of expertise in running Social Security’s complex benefit and information technology systems. Others have left in disgust. ...

Alarmed lawmakers are straining to answer questions from angry constituents in their districts. Calls have flooded into congressional offices. The AARP announced on Monday that more than 2,000 retirees per week have called the organization since early February — double the usual number — with concerns about whether benefits they paid for during their working careers will continue. Social Security is the primary source of income for about 40 percent of older Americans. 

Trump has said repeatedly that the administration “won’t touch” Social Security, a promise that aides say applies to benefit levels that can only be adjusted by Congress. But in just six weeks, the cuts to staffing and offices have already taken a toll on access to benefits, officials and advocates say. ...

More.

This should be good for election turnout in November 2026.

Greg gets it

 


Monday, March 24, 2025

Stupid Republicans who work for the IRS in Ogden, Utah voted for their own firings

 Republican politicians face mounting anger over Doge cuts

... In a county Donald Trump won by more than 20 percentage points last November, Musk’s so-called Department of Government Efficiency (Doge) seemed to be “actively working to destroy our lives and the livelihood of our local economy”, said IRS employee Torrie, whose mother and grandmother also worked at the agency, and who asked for her full name not to be published for fear of reprisals. ...