Kaltbaum Capital Management President and The Kobeissi Letter editor-in-chief Adam Kobeissi discuss DOGE’s efforts to address government waste, fraud, and abuse on ‘Making Money.
EPA Administrator Lee Zeldin revealed on Wednesday that staffers for former President Joe Biden established a $20 billion slush fund to advance their interests once President Donald Trump took office.
Zeldin said in a video posted to X that an “extremely disturbing video” circulated two months ago showing a Biden appointee in the EPA admitting that the team was “tossing gold bars off the Titanic.”
According to Zeldin, the “gold bars” were tax dollars moved out of the EPA as the Biden administration drew to a close.
But Zeldin’s team has now found the “gold bars.”
“Shockingly, roughly 20 billion of your tax dollars were parked at an outside financial institution by the Biden EPA,” he said in the video.
“This scheme was the first of its kind in EPA history, and it was purposefully designed to obligate all of the money in a rushed job with reduced oversight,” he continued.
Zeldin explained that the money was used to prop up a leftist patronage network rather than serve the taxpayer.
“Even further, this pot of $20 billion was awarded to just eight entities that were then responsible for doling out your money to NGOs and others at their discretion, with far less transparency,” Zeldin said. “Just under $7 billion was sent to one entity called the Climate United Fund.”
Zeldin vowed that he would seek to claw back the $20 billion and would examine the failure of financial transparency that occurred.
“The days of irresponsibly shoveling boatloads of cash to far-left activist groups in the name of environmental justice and climate equity are over,” he said.
“The American public deserves a more transparent and accountable government than what transpired these past four years.”
This stash of “gold bars” from the EPA is merely one of several slush funds that have been discovered within less than a month of Trump taking office.
Elon Musk and his Department of Government Efficiency similarly uncovered billions of dollars in bizarre or corrupt projects at USAID, through which leftists were employed to promote their pet ideologies and shove them down the throats of other countries.
The American people hope that Zeldin is correct.
The vast majority want the “days of irresponsibly shoveling boatloads of cash to far-left activist groups” to finally be over.
In other words, they want the money back in their pockets, not thrown off the Titanic.
The USA’s Department of Government Efficiency (DOGE) has cancelled millions in foreign funding, including $21 million earmarked to “increase voter turnout” in India.
There’s other stuff, but this is what I wanted you guys to see.
The idea that federal employees should be immune from accountability is a modern invention, and Clinton himself showed that mass firings could be justified in the name of reform.
As the debate over federal employment rages on, it is important to remember who first wielded the axe. Trump may be making headlines for firing government employees, but he is merely following in the footsteps of the master—Bill Clinton. Rn S*z Reality Is Truth January 29, 2025
Trump is Firing Government Employees, but He Learned from the Master: Bill Clinton and the Birth of the Deep State
As President Donald Trump announces plans to restructure the federal government and remove entrenched left-wing activist bureaucrats , the Left has reacted with outrage. Many claimed that such firings are an unprecedented attack on the civil service. However, history tells a different story. The blueprint for mass firings in the federal government was not drafted by Trump—it was authored by President Bill Clinton.
The Creation of Bill Clinton’s Deep State
For the record, President Bill Clinton took drastic action upon entering office, firing all federal appointees and those reporting directly to them, reaching three levels deep into the management hierarchy. This included upper-level, middle-level, and lower-level managers. Such sweeping dismissals were unprecedented in modern history.
The stated reason for these actions was to reform government and make it more efficient. Under the guise of the 1993 “Reinventing Government Initiative,” Clinton oversaw the termination of 377,000 federal employees. This initiative, led by then-Vice President Al Gore, was marketed as an effort to cut bureaucratic bloat. Clinton publicized that his administration reduced the government payroll from 2.15 million employees to 1.79 million by the end of his term (U.S. Office of Personnel Management). However, while he claimed to be trimming the size of government, he was in reality expanding it dramatically.
Rather than actually reducing the government’s reach, Clinton tripled its size by shifting millions of jobs to government contractors. This maneuver allowed his administration to hide the true expansion of government within the bureaucracy. The federal workforce, under his administration, effectively grew from 2.15 million to a staggering 9.1 million (Project On Government Oversight), all hired by liberal activist managers.
This restructuring was the foundation for what has become the “deep state”—an unelected bureaucratic class that exercises significant influence over government operations, often in opposition to elected leaders who challenge the status quo. The same entity that Trump is now attempting to confront was a product of Clinton’s drastic reshaping of the federal workforce.
Setting the Precedent for Trump’s Actions
The Democrats are framing Trump’s efforts to remove government employees as radical and dangerous. Yet, Clinton, a Democrat, set the precedent for such dismissals. The key difference is that while Clinton’s actions were aimed at consolidating power within a left-leaning bureaucracy, Trump’s efforts have been directed at reducing that bureaucracy’s grip on governance and returning government to the people.
Trump’s battle against the entrenched federal workforce is not an attack on democracy—it is an attempt to undo a system that was carefully crafted over decades to resist conservative leadership. The idea that federal employees should be immune from accountability is a modern invention, and Clinton himself showed that mass firings could be justified in the name of reform.
As the debate over federal employment rages on, it is important to remember who first wielded the axe. Trump may be making headlines for firing government employees, but he is merely following in the footsteps of the master—Bill Clinton.
I didn’t know this. If you didn’t and think many people DO NOT know ….FEEL FREE TO COPY AND POST IT FOR EVERYONE TO SEE AND BE MADE AWARE!!!! Back to top IP Logged Eegore Serious Thumper
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Re: I wasn’t paying attention Reply #1 – 02/06/25 at 18:19:02 So this here is where some definitions need to be made.
The federal workforce, under his administration, effectively grew from 2.15 million to a staggering 9.1 million (Project On Government Oversight), all hired by liberal activist managers.
If you consider any human that works for the Government by any means, to be “Federal Workforce” then this is true. If humans that are not Federal Employees, as in work for the US Government, get Fed healthcare, pension, TSP, VA etc. then this is definitely not true.
Bottom line is contractors typically are paid more, but cost less since they have zero benefits or long term cost – like pensions and healthcare. Contractors are not part of the “not held accountable” so to speak as their jobs are not protected, like Union backed Federal employees are.
