(DC Pundit) – In a revelation that would make even the most audacious Nigerian prince blush, Elon Musk has pulled back the curtain on what could be the largest financial scandal in American history.
Musk, the man who decided conquering space wasn’t enough of a challenge, has now taken on the Herculean task of exposing the Treasury Department’s apparent allergy to oversight. The billionaire entrepreneur revealed that over $100 billion annually is being funneled to individuals without traceable Social Security Numbers (SSNs) or identification numbers.
Musk shared that Treasury staffers estimate at least half of these payments – approximately $50 billion per year or $1 billion per week – to be unequivocally fraudulent. That’s right, folks. The government is hemorrhaging money faster than a Trust Fund baby on a Vegas bender.
This bombshell comes on the heels of a federal judge throwing a wrench into Musk’s Department of Government Efficiency (DOGE) crusade against government waste, fraud, and abuse. U.S. District Judge Paul A. Engelmayer, an Obama appointee, blocked the team from accessing a critical Treasury Department system, citing a risk of “irreparable harm.”
The injunction, which went into effect on Saturday, was pushed by 19 far-left state attorneys general. Apparently, these legal eagles prefer maintaining the status quo of unchecked government expenditure over such trivial matters as transparency and accountability. Who needs fiscal responsibility when you can have a never-ending money party?
Engelmayer has scheduled a hearing for February 20, leaving DOGE with limited access to data that’s vital for exposing the misuse of taxpayer dollars. It’s like trying to solve a jigsaw puzzle with half the pieces missing and a blindfold on.
Following Engelmayer’s ruling, Musk took to X, exposing the rampant government incompetence and fraud festering within the Treasury Department. He wrote, “Yesterday, I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number. If accurate, this is extremely suspicious.”
He continued, “When I asked if anyone at Treasury had a rough guess for what percentage of that number is unequivocal and obvious fraud, the consensus in the room was about half, so $50B/year or $1B/week!! This is utterly insane and must be addressed immediately.”
To be clear, what the @DOGE team and @USTreasury have jointly agreed makes sense is the following:
– Require that all outgoing government payments have a payment categorization code, which is necessary in order to pass financial audits. This is frequently left blank, making…
— Elon Musk (@elonmusk) February 8, 2025
Think about that. $1 billion per week – gone. Stolen from American taxpayers, while Judge Engelmayer protects the very system that allowed it to happen. It’s like watching a bank robbery in slow motion, with the security guard busy adjusting his hat in the mirror.
According to Musk, DOGE investigators discovered that government payments were being made with no proper documentation, no audit trails, and zero accountability.
Musk also pointed out that the government actively ignored fraud because fraudsters receiving money don’t complain – whereas blocking fraudulent payments would generate backlash from criminals and their enablers. It’s a bit like not arresting burglars because they might leave negative Yelp reviews for the police department.
“Nobody in Treasury management cared enough before,” Musk stated. “I do want to credit the working level people in Treasury who have wanted to do this for many years, but have been stopped by prior management.” It seems the Treasury has been operating on the “see no evil, hear no evil, speak no evil” principle, with a dash of “ignorance is bliss” thrown in for good measure.
Nobody in Treasury management cared enough before. I do want to credit the working level people in Treasury who have wanted to do this for many years, but have been stopped by prior management.
Everything at Treasury was geared towards complain minimization. People we receive…
— Elon Musk (@elonmusk) February 8, 2025
The magnitude of the fraud in government payments (your tax dollars being spent) is MUCH higher than you think! https://t.co/umnT8Zm4Mb
— Elon Musk (@elonmusk) February 8, 2025
Is this a comedy of errors or a tragedy of incompetence? Either way, it’s clear that the joke’s on us, the taxpayers. And unfortunately, this punchline comes with a $100 billion price tag.
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