From: AlleyCat <katt@gmail.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: THANK YOU, President Trump and Elon Musk! - DoGE Does Its Job... Again!
Date: Wed, 19 Mar 2025 21:07:03 -0500
Organization: AlleyCat Computing, Inc.
DOGE Uncovers "Magic Money Computers" Issuing Payments From Treasury
Elon Musk told Sen. Ted Cruz (R-TX) on Monday that 'magic money computers"
within the U.S. government are generating payments "out of thin air," leaving
lawmakers clueless about federal spending.
Speaking on Cruz's podcast, Musk revealed that 14 such systems exist within
the U.S. Treasury and other agencies, transferring large sums without the
necessary evidence to justify the payments. Musk claimed that in departments
housing one of these systems, reported spending could be off by as much as 5
percent of the budget when presented to Congress, while Cruz suggested that
these improper payments could potentially total "trillions" of dollars.
"They're mostly at Treasury," Musk said about the computers discovered by his
U.S. Department of Government Efficiency, or DOGE, "but there's some at
[Health and Human Services], there's one or two at State, there's some at
[the Department of Defense]."
"I think we've found now 14 magic money computers. They just send money out
of nothing," he told the Texas Republican senator.
Expounding on DOGE's discovery, the unconventional entrepreneur explained
that the presence of these computers prevents the Treasury Dept. from fully
informing lawmakers about the federal government's total spending.
"You may think that government computers all talk to each other, they all
synchronize, they add up what funds are going somewhere and its coherent and
that the numbers you're presented as a senator are actually the real numbers.
They're not," he said.
"How does it work?" Cruz asked.
Musk responded: "It just issues payments!"
The federal government, as the issuer of the U.S. dollar, possesses the
ability to print or create money to meet its financial obligations, a concept
known as modern monetary theory.
Experts speaking with the Daily Mail speculated that Musk's disclosure might
be an effort to pressure Trump Treasury Secretary Scott Bessent to end this
controversial practice.
"Either Elon is dumb, which we know he's not, or this is a cynical ploy to
undermine trust in Treasury. @SecScottBessent should tell us whether he
agrees with this," wrote journalist Laura Windsor on X.
"They're actually kinda correct. The federal government issues money out of
thin air. It's not like a household that needs to have a dollar before
spending it. The gov is the *issuer* of the dollar-so it creates it. We can
either use it to pay for healthcare or fund wars overseas," said The Debt
Collective, a group that encourages those with student loan debt to go on
strike and withhold payments.
Earlier this month, DOGE released shocking findings that the Biden-Harris
administration had awarded hundreds of millions of dollars in government
contracts to an unexpected group: children.
An agency announcement revealed that the Small Business Administration
disbursed $312 million in payments to companies whose purported owners are
under the age of 11. This disclosure comes as DOGE works to root out waste,
fraud, and abuse in federal spending.
"While it is possible to have business arrangements where this is legal, that
is highly unlikely for these 5,593 loans, as they all also used an SSN with
the incorrect name," the agency wrote. "@DOGE and @SBAgov are working
together to solve this problem this week."
During the announcement, DOGE also disclosed that an additional $333 million
was distributed in 3,095 loans between 2021 and 2022 to businesses owned by
individuals aged 115 or older.
In cases involving businesses allegedly owned by children, Biden
administrators approved nearly 5,600 such loans between 2020 and 2021-almost
all of which were forgiven without repayment after the owners pledged to use
the funds to avoid staff layoffs.
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Trump still winning after WINNING Presidency!
Donald Trump is STILL the 47th U.S. president.
A Second Trump Administration is STILL going!