Jhohan Ganeshananda
72 posts





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 audits almost impossible. - All payments must also include a rationale for the payment in the comment field, which is currently left blank. Importantly, we are not yet applying ANY judgment to this rationale, but simply requiring that SOME attempt be made to explain the payment more than NOTHING! - The DO-NOT-PAY list of entities known to be fraudulent or people who are dead or are probable fronts for terrorist organizations or do not match Congressional appropriations must actually be implemented and not ignored. Also, it can currently take up to a year to get on this list, which is far too long. This list should be updated at least weekly, if not daily. The above super obvious and necessary changes are being implemented by existing, long-time career government employees, not anyone from @DOGE. It is ridiculous that these changes didn’t exist already! 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. 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.


🚨NEW: Jason Calacanis and Antonio Gracias say that when they got to old Twitter there was so little work being done that the whiteboard markers had dried out due to lack of use. They said that there was so much mismanagement that at one point they just decided to turn off all the credit cards to see who would complain to them about not being paid so they could figure out where the money was going. The waste was so pervasive at old Twitter that they were paying for subscriptions to software that nobody had even logged in to setup.


Axios CEO says that "My message to Elon Musk is b*llshit. You're not the media!"






















