Biden went on a spending spree and handed out $1 billion in grants to various organization in the last couple of weeks of his presidency.
As part of his spending spree in the final days of his administration, Joe Biden awarded $50 million to an obscure 501(c)(3) nonprofit on tribal land with a charity leader who has a shady history of mismanaging money, according to The Washington Examiner.
However, the Trump Administration launched an investigation and stopped the disbursements.
Former aides to President Barack Obama admitted on an episode of “Pod Save America” they should have done “some of the stuff” President Donald Trump is doing with the Department of Government Efficiency (DOGE).
When discussing DOGE’s initiatives to cut federal spending, the “Obama Bros” admitted to “lamenting” their situation.
Jon Lovett, a former Obama speechwriter, implied he “didn’t know” they could make government so efficient.
“Honestly, some of this is pretty annoying because it’s some of the stuff we should’ve done. We didn’t know you could do some of this,” Lovett said.
Jon Favreau, also a former Obama speechwriter, shared Lovett’s frustration, admitting the Obama administration tried to cut through bureaucracy and create government efficiency, but “it’s hard to do.”
“We all know that government is slow. We all know government can be inefficient. We all know that the bureaucracy can be bloated. We all worked in the f—ing White House. We tried to reorganize the government. We tried to find efficiency. It’s hard to do,” Favreau said.
A $20 billion Biden administration green-energy slush fund was collecting interest at a private bank and is being distributed without proper oversight, Environmental Protection Agency Administrator Lee Zeldin reveals in an exclusive interview.
President Joe Biden’s EPA parked $20 billion at the financial institution, which The Post has learned is Citibank, as part of the 2022 Inflation Reduction Act’s Greenhouse Gas Reduction Fund. But the awardees weren’t announced until August 2024 and Citibank was not brought in until September — after Biden’s disastrous June debate performance led him to withdraw from his re-election effort in July, making for a very different race with Vice President Kamala Harris the Democratic nominee.
Zeldin’s team is looking into whether former EPA employees are working at any of the grantees, which include the Opportunity Finance Network (receiving $2.29 billion), where vice president Laura Silverman says she brings “economic, financial, and social justice to communities,” and the Native CDFI Network ($400 million), which has featured Sen. Elizabeth Warren (D-Mass.) as a speaker. Power Forward Communities, a $2 billion recipient, has no list of employees on its website — but does have openings for government affairs VP, communications VP and special assistant.
The others: Climate United Fund (which got the biggest grant, nearly $7 billion), Coalition for Green Capital ($5 billion), Inclusiv ($1.87 billion), Justice Climate Fund ($940 million) and Appalachian Community Capital ($500 million).
Here Lee Zeldin tells The Post’s Kelly Jane Torrance why it was “a high priority for me and my great team to get to the bottom of these questions as quickly as possible.”
This was on our radar during the transition, when the video was posted online at the beginning of December of the Biden EPA political appointee admitting on camera they were “throwing gold bars off the Titanic.”
In a video announcement shared to social media Wednesday evening, EPA Administrator Lee Zeldin revealed that approximately $20 billion in taxpayer funds have been discovered laundered into external financial institutions during the Biden administration.
Zeldin underscored the urgency of accountability, declaring, “One of my very top priorities at EPA is to be an excellent steward of your hard-earned tax dollars. There will be zero tolerance of any waste and abuse.”
The controversy goes back two months when a video of a Biden EPA appointee referring to taxpayer funds as “gold bars” being “tossed off the Titanic” went viral.
“The gold bars were tax dollars, and tossing them off the Titanic meant the Biden administration knew they were wasting it,” he explained.
“Fortunately, my awesome team at EPA has found the gold bars,” he stated. “This scheme was the first of its kind in EPA history and it was purposefully designed to obligate all of the money in a rush job with reduced oversight 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.”
Former presidentish Joe Biden shuffled off into the sunset almost exactly 22 days ago, but his demented legacy of radical overspending, over-borrowing, and overregulating lives on — and the latest Treasury figures are one more glaring example of how deep the hole is the Biden Cabal dug for us.
Look, I know these spending stories might seem dry and boring, and I feel like I lose readers every time I get into one of them — but this is real End of the Republic stuff, as Donald Trump, Elon Musk, and the DOGE boys seem to understand. So bear with me once more as we stare into the abyss and hope that it is not gazing into us.
“The train is out of control,” Geiger Capital warned on X on Monday. “The first four months of FY 2025 produced a deficit of $838 billion. That’s $306 billion more than the deficit recorded in the same period last fiscal year.”
Keep your flashlight on me as I walk you through the tall weeds.
The year-over-year deficit increased by more than a third in the last quarter of Bidenomics, and yet revenues only increased by less than 1%. Washington is spending a whole lot of money we don’t have to almost zero effect, like transfusing fresh blood into a corpse.
This is the Biden economy that the press assured us was all hunky-dory in their attempt to push Kamala Harris over the finish line.
“We’re running a $2.5 TRILLION annual deficit” for 2025, Geiger concluded.
The economy’s official growth rate last year was 2.8%. That’s an extra $815 billion in a $29.1 trillion economy. But the federal deficit last year — the money Washington conjured up out of nothing to pay for s*** we didn’t need — was $1.8 trillion. What that means is that our 2.8% growth was an illusion, a Washington accounting gimmick financed by our grandkids and great-grandkids.
The weeds are looking like redwoods right now, I know, but stay with me.
If Washington had done nothing more radical last year than spend within our means, the economy would have shrunk by about $1 trillion. That’s a nasty recession where the economy ended the year almost 3.5% smaller than it began.
So where’d all that funny money go?
Would you believe… right back to the government?
Former DNC donor and fundraiser Lindi Li has been in the news repeatedly since the 2024 election. She is one of the loudest voices calling out the Democrat party and the Kamala Harris campaign for blowing through more than a billion dollars and losing, with no accountability on how the money was spent.
She recently appeared on the Shawn Ryan podcast and when Ryan asked her who was running the government for the last four years, she said it was Obama’s third term, confirming what many other people have suggested.
She then went on to name people in Biden’s inner circle, such as Anita Dunn, Ron Klain and others.
BizPacReview has details:
Commentator and former campaign advisor Lindy Li spoke on the “Shawn Ryan Show” about who was really in charge during President Joe Biden’s run at the White House and dished on Kamala Harris’s campaign for president.
“A lot of people say it was Obama’s third term. There’s rumors of… And these aren’t even… These are friends of mine that are moderate Democrats, say that they thought it was Elizabeth Warren running it. They thought it was Bernie Sanders running it,” host Shawn Ryan said. “But I think the general consensus, I think if you asked the majority of the population, they think it was Obama’s third term.”
“It was for sure Obama’s third term. I don’t think that’s even a question,” Li replied.
“That’s why you saw Obama fighting for his dear life. Why was he fighting so hard in the fall? Because he was fighting for his fourth term. He was fighting for his own legacy,” she continued, comparing the relationship between Obama and Biden to that between Lyndon B. Johnson and John F. Kennedy.
In a 2022 interview, then-Transportation Secretary Pete Buttigieg discussed how we was going to spend $1.2 trillion of taxpayer money from the recently passed infrastructure bill.
“The main thing I’m thinking about,” he said, “is how do we make sure we take all this money— you know it’s $1.2 trillion— and actually deliver $1.2 trillion dollars worth of value. . .”
That whole way of thinking is just astonishing.
If you invest $1 million in a business, you’re obviously going to expect that the CEO will deliver a lot more than $1 million in value from that investment. In fact a good executive will be able to turn a $1 million investment into tens or hundreds of millions of dollars in value.
But a couple years ago, when he was still Transportation Secretary, Pete encapsulated the government’s approach to investing. They’re not looking to get a 100x, 10x, or even 2x return.
To them, it’s quite an accomplishment to simply get X, i.e. to spend $1 trillion dollars efficiently enough to simply see $1 trillion of value.
If Pete had been a private sector investment manager, he would have been fired that very day.
I bring this up because the Commerce Department released fourth quarter GDP numbers yesterday, and their report showed that the US economy grew in “real terms” by 2.8% in 2024.
2.8% “real” GDP growth essentially means that the US economy produced 2.8% more goods and services in 2024 than it did in 2023. It strips out any impact of inflation.
But remember— America’s population grows by about 1% per year. And those are just the people in the country legally. If you include the folks who waltz across the southern border illegally, then the total population growth rate is easily 2% or more.
As the U.S. Agency for International Development comes under scrutiny for what it’s been spending your money on — something it hasn’t been very forthcoming about before President Donald Trump’s administration made it one of the first targets of its Department of Government Efficiency downsizing initiative — the agency has come under fire for a whole lot of largesse that supported progressive, Democrat causes.
From the small but inexplicable ($32,000 for a transgender comic book in Peru) to the larger and more problematic (funding a supposedly independent journalistic non-profit referenced by a CIA analyst whistleblower responsible for catalyzing the first Trump impeachment as a reason to suspect the president of wrongdoing), USAID has had its fingers in plenty of pies it shouldn’t have.
However, what if I told you that USAID played a part in the catastrophic pandemic that helped the Democrats dramatically (and illegally) overhaul election laws — and thus, it could be said, helped steal the 2020 election for Joe Biden?
I know, I know: I sound a bit like a slightly unbalanced Morpheus handing Neo the red pill. Breadcrumb it all back, however, and it begins to make a lot more sense than you’d think.
On Jan. 25, the Central Intelligence Agency announced that it believed the COVID-19 virus escaped from the Wuhan Institute of Virology. While they asserted this with “low confidence,” according to The Wall Street Journal, it was a major shift for an agency that had long refused to take a position in the matter, particularly when most U.S. intelligence agencies favored a natural origin.
The CIA now believes, however, “that a research-related origin of the COVID-19 pandemic is more likely than a natural origin based on the available body of reporting.”
This comes as a surprise to virtually no one with a functioning brain. The virus most closely related to SARS-CoV-2 was not found naturally near Wuhan, nor was any original host animal found, nor were any bats — the source of that family of coronaviruses — ever found being sold at the wet market supposedly responsible for the outbreak.
There was, meanwhile, an institute of virology hundreds of meters from where the outbreak began. There were numerous safety issues documented there and public evidence of a mishap there in October of 2019, around the time when scientists believe the virus would have begun to spread.
While this can’t be said to be dispositive for a lab leak, the balance of the evidence is pretty clear — and despite their best efforts, even the Chinese Communist Party can’t come up with a plausible theory regarding animal-to-human transfer five years in.
To make matters worse, the research being done at the Wuhan Institute of Virology was — despite Anthony Fauci’s verbal prestidigitations in denying it — so-called “gain of function” research, which is to say it took viruses (in this case, bat coronaviruses), and looked at ways they could become more transmissible or deadly.
This was done at a research facility where, again, security concerns existed going as far back as 2009. (No, I’m not missing a one somewhere in that number.)
During a US Senate Banking, Housing, and Urban Affairs Committee hearing titled “Investigating the Real Impacts of Debanking in America,” senators and witnesses laid out how Joe Biden’s administration, regulators, overbearing rules, big banks, and more had resulted in millions of Americans being blacklisted from the banking industry.
Throughout the hearing, witnesses and senators noted that Biden regime pressure was a major contributor to this debanking wave, particularly through Operation Choke Point 2.0, a Biden-era push that primarily focused on pressuring banks to refuse to service cryptocurrency companies.
These claims were bolstered by the Federal Deposit Insurance Corporation’s (FDIC’s) release of 175 pages of documents before the hearing, which, according to FDIC Acting Chairman Travis Hill, show that banks that sought to offer crypto-related products or services were “almost universally met with resistance” from the FDIC, with some of this resistance coming in the form of “directives from supervisors to pause, suspend, or refrain from expanding all crypto- or blockchain-related activity.”
“Under the Biden administration, we’ve seen the rise of what many are calling Operation Choke Point 2.0, where federal regulators exploited their power, pressuring banks to cut off services to individuals and businesses with conservative dispositions, or folks aligned with industries they just didn’t like, like the color of one’s skin in my family’s history,” Senate Banking Committee Chairman Tim Scott (R-SC) said. “I wholeheartedly believe that debanking someone over their political ideology is un-American and goes against the core values that our nation was founded upon.”
On Friday’s broadcast of “NewsNation Now,” Chicago Alderman Raymond Lopez discussed the lawsuit between the Department of Justice and the city of Chicago, Cook County, and the state of Illinois over sanctuary policies and stated that it’s bizarre that officials weren’t upset at the Biden administration for allowing dangerous illegal immigrants to remain in Chicago and are only getting “upset now that judgment has come” under the Trump administration.
Lopez said, “[W]hat I think is important for your viewers to remember is that the target list that Tom Homan is going off of was compiled under the Biden administration. They knew we had 2,000, at least 2,000 dangerous individuals in our city that were threats to our neighborhoods and our country that they allowed to come here that they are only now going after.”
He continued, “But yet, no one is questioning why Biden allowed that to happen, they’re only upset now that judgment has come.”
Hellbound and Down 
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