DOGE finds Treasury Dept loses 1 Billion dollars a week to fraud and corruption: Deep State Judge blocks exposure

[NoDopes]

They can start with the $13B Silicon valley bank bailout bullshit.

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[37L1]

View attachment 8635329

Let's ask this guy:

 

[theLBC]

 

[stevieb92]

View attachment 8635329

I don't know where Insurrection Barbie gets her info, but the Navy is constantly building various ships (subsurface and surface). Nor do I know exactly what that $12B was allocated for (i.e. research or construction?), but a quick check can show what the status of ship building is here:

https://www.navycommissionings.org/

If it was allocated for research, then naturally the deliverable isn't a ship or sub. The company I was working for in the Navy Nuclear Propulsion Program for nearly 18 years and we never built a ship or sub (other companies part of the NNPP did that), but we design the nuclear reactors and were constantly advancing nuclear propulsion technology, which is expensive. I am also not saying there isn't waste in the Navy because there most certainly is. I think it's a little deceptive to make that statement implying that the entire $12B was waste.

 

[theLBC]

I don't know where Insurrection Barbie gets her info, but the Navy is constantly building various ships (subsurface and surface). Nor do I know exactly what that $12B was allocated for (i.e. research or construction?), but a quick check can show what the status of ship building is here:

https://www.navycommissionings.org/

If it was allocated for research, then naturally the deliverable isn't a ship or sub. I was working in the Navy Nuclear Propulsion Program for nearly 18 years and we never built a ship or sub, but we were constantly advancing nuclear propulsion technology, which is expensive. I am also not saying there isn't waste in the Navy because there most certainly is. I think it's a little deceptive to make that statement implying that the entire $12B was waste.

that story appears to have some from sen. collins via elon musk, but of course that doesn't mean it is accurate.
everything i post has an implied * because there is no such thing as a source that is never wrong afaik.

ASHER PRESS on Instagram: "“There’s a case where I think Senator Collins was telling me about how she gave the Navy $12 billion for more submarines, got no extra submarines, and then held a hearing to say where the $12 billion go. “And they were lik

20K likes, 489 comments - asherpress on February 28, 2025: "“There’s a case where I think Senator Collins was telling me about how she gave the Navy $12 billion for more submarines, got no extra submarines, and then held a hearing to say where the $12 billion go. “And they were like, we don’t...

www.instagram.com

years ago i got into an argument with a buddy because he insisted that if he read something in the wsj, it had to be factual.
it didn't take long to change his mind, even years ago...

 

[ChezJfrey]

I don't know where Insurrection Barbie gets her info, but the Navy is constantly building various ships (subsurface and surface). Nor do I know exactly what that $12B was allocated for (i.e. research or construction?), but a quick check can show what the status of ship building is here:

https://www.navycommissionings.org/

If it was allocated for research, then naturally the deliverable isn't a ship or sub. I was working in the Navy Nuclear Propulsion Program for nearly 18 years and we never built a ship or sub, but we were constantly advancing nuclear propulsion technology, which is expensive. I am also not saying there isn't waste in the Navy because there most certainly is. I think it's a little deceptive to make that statement implying that the entire $12B was waste.

R&D can get very nebulous. While it is generally very costly and does not immediately translate to a tangible product, it is important for advancements that will eventually become a feature-rich product. However, I think it can also become a vehicle for skimming and burying fraudulent expenditures that are siphoned into various pockets; it needs to be carefully watched and audited for sure.

 

[Snuby642]

I was working in the Navy Nuclear Propulsion Program for nearly 18 years and we never built a ship or sub

When you esplain it like that it sounds mo better.

 

[stevieb92]

R&D can get very nebulous. While it is generally very costly and does not immediately translate to a tangible product, it is important for advancements that will eventually become a feature-rich product. However, I think it can also become a vehicle for skimming and burying fraudulent expenditures that are siphoned into various pockets; it needs to be carefully watched and audited for sure.

I agree 100%. The R&D that I was involved with will likely not be on a ship or sub for years. In the NNPP program, it is very difficult to hide fraudulent expenses because of the numerous levels of oversight. Can't say the same for other programs. Everything we spent money on was watched, audited and questioned. Multiple times.

 

[stevieb92]

When you esplain it like that it sounds mo better.

The company that I worked for in the NNPP was not in the ship or sub building business. We designed the nuclear reactors. Is that clearer?

 

[theLBC]

I agree 100%. The R&D that I was involved with will likely not be on a ship or sub for years. In the NNPP program, it is very difficult to hide fraudulent expenses because of the numerous levels of oversight. Can't say the same for other programs. Everything we spent money on was watched, audited and questioned. Multiple times.

noted. i worked on contracts for the dod and so i understand the costs are nuts. .gov pays insane prices for things due to the policies.
still, spending 12,000 x $1million with no tangible end product or improvement seems crazy (to me).

you're obviously right about "other programs", since they have not passed an audit in 7 years.

 

[stevieb92]

noted. i worked on contracts for the dod and so i understand the costs are nuts. .gov pays insane prices for things due to the policies.
still, spending 12,000 x $1million with no tangible end product or improvement seems crazy (to me).

you're obviously right about "other programs", since they have not passed an audit in 7 years.

Just before I left, there were discussions about building a new ATR (Advanced Test Reactor) in Idaho, so maybe some of that $12B was allocated for that project? The ATR is also used by private companies for research. The ATR is past its design life, so a replacement is needed to continue advancement of nuclear technology.

https://inl.gov/advanced-test-reactor/

I'm on the DOD side now working for a private company and yes, everything is insanely expensive. Largely because of the certifications, specs and requirements set by the buyer. The machines I'm designing and manufacturing now are going on CVN80 and CVN81 and the next class of subs.

 

[theLBC]

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

ca.finance.yahoo.com

Historically, the federal government has negotiated with colleges and universities on its contribution toward their operating costs. If a scientist wins a federal grant to fund their research, the government pays the school an additional amount as a percentage of the grant money.

At Duke, the current rate for these “indirect costs” — expenses such as utilities and laboratory maintenance — is about 61%. Last month, President Donald Trump's administration set the rate cap at 15%, significantly less than most universities receive.

Duke pharmacology and cancer biology professor Donald McDonnell estimates his laboratory has received up to $40 million in NIH funding over 30 years. His lab developed a drug approved in 2023 by the U.S. Food and Drug Administration to treat metastatic breast cancer.

i wonder if that drug is free or provided at cost to every american taxpayer that funded the research.
probably not.

 

[hlee]

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

ca.finance.yahoo.com

i wonder if that drug is free or provided at cost to every american taxpayer that funded the research.
probably not.

Wow, $40mil over 30 years. What’s that, $1.03mil per year. And, something like 150mil tax returns per year? So, like $0.007 per tax payer per year? Or, $0.27 per tax payer over the life of the project? Yeah, free meds for everyone. GMAFB.

 

[Sean the Nailer]

Can we please arrest them now.

you spelled "hang" wrong....

 

[Sean the Nailer]

And regarding all those 10's of Billions of dollars for the Navy,,, how much of that is for updating/upgrading the BB-62 New Jersey from steam to nuclear (nuke-u-lar?) propulsion?

Since they just brought her out of dry-dock to get her hull scraped and such, and re-painted, it only follows that she's gonna be re-commissioned and the actual pride of the Navy getting back into service.

Right?

 

[gigamortis]

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

ca.finance.yahoo.com

i wonder if that drug is free or provided at cost to every american taxpayer that funded the research.
probably not.

Its time for these universities to start digging into those obscenely large endowment funds they have been growing ever since the government started backstopping student loans

 

[Snuby642]

No cocksuker ever paid for any loans for me or my family.

Fuck every single one of them.
Unless it was a GI loan. The rest didn't deserve a penny of it.

Includes presant company.

Pay your own way or eat shit and die.

Tomorrow I will tell you how I really feel.