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Summary
Transcript
And so the one change that Doge made with Department of Education is we had the simple requirement that if you draw down money you must first upload a receipt. That was the only change that was made. You must upload your receipt. And upon doing so, nobody drew down any money anymore. Yes, but we didn’t say that we’d check the receipt. You could send a bank receipt. You could send a picture of your dog. Anything. Anything. Anything. But as soon as we asked for anything at all, suddenly the requests were like, oh we don’t need it anymore.
That’s interesting. They were renting Caesars Palace. Yes, they’re like basically partying on the taxpayer money. Stadiums. Yes. Leasing stadiums. Leasing stadiums. For what? For parties basically. For parties. Yes. That’s a big party. It’s a big party. You’d think if you were stealing you’d start small. They do start small. But then what happens is over the years, so generally the fraud starts out small and they try to hide it. But then year after year, if nobody stops the fraud, it gets more and more brazen. And every year it gets bigger until they’re literally renting out stadiums.
I like in the million dollars to rent out a stadium. Fraud infagrante de lecto. Okay. [tr:trw].
See more of Arcadia Economics on their Public Channel and the MPN Arcadia Economics channel.