0:00
So actually um a lot of great work at
0:02
the Treasury this week. Um one of the
0:05
crazy things at um with regards to the
0:07
Treasury um is that when a payment is
0:10
made and the computers at the Treasury
0:11
actually pay about $5 trillion per year,
0:14
like crazy amounts. Um there was
0:17
formerly not a budget code on there. So
0:19
if some payment was made, you didn't
0:21
know actually what it was for. Um it
0:23
could have been for anything. there was
0:24
a a $4 billion COVID fund um in the
0:27
department of education and there was no
0:30
receipts required so people could just
0:31
draw down on it and when people looked
0:33
into it this wasn't us this was before
0:34
us um they found that money was being
0:36
used to rent out Caesar's palace for
0:38
parties rent out stadiums um etc and so
0:41
the one change that Doge made with
0:44
education is we had the simple
0:45
requirement that if you draw down money
0:47
you must first upload a receipt that was
0:50
the only change that was made you must
0:52
upload your receipt and upon doing so.
0:54
Yes. Nobody drew down any money anymore.
0:56
Yes. But we we didn't say that we'd
0:58
check the receipt. You could send a fake
1:00
receipt. You could send a picture of
1:06
Anything. And And they But soon as we
1:10
asked for anything at all, they suddenly
1:13
the requests were like, "Oh, we don't
1:14
need it anymore." Huh. That's
1:15
interesting. They were renting Caesar's
1:17
palace. Yes. They were like basically
1:20
partying of a tax share of money.
1:22
Stadiums. Yes. Leasing stadiums. Leasing
1:26
stadiums for what? For parties.
1:29
Basically for parties. Yes. That's a big
1:33
party. It's a big party. You'd think if
1:35
you were stealing you'd start small.
1:37
They do start small. Uh but then over
1:39
what happens is over the years. So
1:41
generally the fraud starts out small and
1:43
they try to hide it. But then year after
1:45
year, if nobody stops the fraud, it gets
1:48
more and more brazen and and every year
1:50
it gets bigger until they're literally
1:55
like in a million dollars to rent out a
1:58
stadium. Fraud infro infronte deleto.
