Elon Musk: “We find it sort of rather odd that there are quite a few people in the bureaucracy who have a salary of a few hundred thousand dollars but somehow manage to accrue tens of millions of dollars in net worth while they are in that position… We’re just curious as to where it came from.”

On 2/11/2025, Elon Musk and his adorable son, X, traveled to the White House on Tuesday to meet with President Trump in the Oval Office. President Trump signed a new executive order mandating federal agencies work with DOGE.

Elon Musk said DOGE will begin investigating federal government workers who have managed to accrue tens of millions of dollars. “We do find it sort of rather odd that there are quite a few people in the bureaucracy who who have essentially a salary of a few hundred thousand dollars, but somehow manage to accrue tens of millions of dollars in net worth while they are in that position,” Elon Musk said. “We’re just curious as to where it came from. Whether they have very good investing in which that case we should take their investment advice perhaps,” Musk said. “They seem to be mysteriously getting wealthy and we don’t know why – where did it come from? I think the reality is that they are getting wealthier at the taxpayer expense.” Elon Musk continued, “There are massive amounts of blank checks that just go out…”

“We do find it sort of rather odd that, you know, there are quite a few — people in, in the bureaucracy who, who have ostensibly a salary of a few hundred thousand dollars but somehow managed to accrue tens of millions of dollars in net worth while they are in that position, which is, you know, what happened at USAID. We’re just curious as to where it came from. Maybe they’re very good at investing, in which case we should take their investment advice perhaps, but just — there seems to be mysteriously, they they get wealthy. We don’t know why. Where does it come from? And I think the reality is that they’re getting wealthy at taxpayer expense. That’s — that’s the — that’s the honest truth of it. So, you know, we’re looking at, say, well, we would just — if you look at, say, say Treasury, for example, basic controls that should be in place that are in place in any company, such as making sure that any given payment has a payment categorization code, that there is a comment field that describes the payment and if the payment is on the do not pay list, that you don’t actually pay it. None of those things are true currently, so the reason that departments can’t pass audits is because the payments don’t have a categorization code. It’s like just a massive number of blank checks just flying out the building. So you can’t reconcile blank checks. You’ve got a comment fields that are also blank, so you don’t know why the payment was made and then we’ve got this truly absurd a do not pay list, which can take up to a year for an organization to get on a do no pay list and we’re talking about terrorist organizations. We’re talking about, known fraudsters, known aspects of waste, known things that do not match any congressional appropriation can take up to a year to get on the list and even once on the list, the list is not used. It’s mind blowing. So — so what we’re talking about here, we’re really just talking about adding common sense controls that should be present, that that haven’t been present. So you say like, well, how could such a thing arise? That’s that seems that seems crazy that when you understand that really everything is geared towards complaint minimization, so that — then you understand the motivations. So, if people receive money, they don’t complain, obviously, but if people don’t receive money, they do complain and — and the fraudsters complain the loudest and the fastest. So, then when you understand that, then it makes sense. Oh that’s why everything just they approve all the payments at Treasury b/c if you approve all the payments, you don’t — you don’t get complaints. But now now we’re saying no, no, actually, we’re all going to complain if money is spent badly, if — if your taxpayer dollars are not spent in a sensible and frugal manner, then that’s not okay. Your — your tax dollars need to be spent wisely on the things that matter to the people. I mean, these things like it’s just common sense. It’s not. It’s it’s not draconian or radical. I think it’s really just saying, let’s look at each each of these expenditures and say, is this actually in the best interest of the people? And if it is, it’s approved. If it’s not, we should think about it.”

https://www.facebook.com/HygoNewsUSA/videos/2056500284775937
Elon Musk: rather odd Gov employees to accrue tens millions of dollars, curious where it came from