Who needs Stephen King to write horror stories when we have Elon Musk looking at government recepits? The latest tale of terror comes from Washington, D.C. in the form of a “black hole” that has swallowed up about $4.7T of taxpayer money. That’s not mad money or Monopoly money, that’s money you and I paid to the government in taxes for specific purposes and which somehow got lost.
Ricochet Café first reported on this phenomenon when Kamala Harris’s brother-in-law, Tony West, was running something called the Judgment Fund during the Obama administration. This was a big pot of money that the government could dip into and write checks without specifying who or what they were for. Think of it like a giant slush fund which was designed so that nobody could ever figure out who was paid what. Elon can show that the government had $4.7T and spent it—but the records do not show who got what or why.
The IRS requires that if I run a business, I must keep records on what I earn and what I spend. The IRS sets a $600 cap on transactions, mandating that the IRS be looped into anything you do in business that costs over $600 and that’s not $600 per transaction, that’s $600 per year. The fact is, the IRS comes after you for pennies—but it overlooks trillions.
Furthermore, business people must document the amount they spent, the date they spent it, who received it, and what they got in return for their money. Then they must keep records of the actual bank or credit card or check transactions. These two sets of parallel records will allow businesses to fully report what was spent. For instance, if Wiley Cayote Enterprises spent $2,800 last year with Acme Anvil, the coyote has to be able to tell the IRS the specific dates and amounts that were paid and what was received. The coyote must also show back-up or detail for these things, with a check voucher or a credit card receipt or some other financial record.
The government has a system to do the same thing. It’s called the Treasury Access Symbol or TAS which is a code that links the record of payment to the specific check or method of payment. This system is a little more sophisticated than the Acme Anvil Company’s system, but it works the same way. Instead of names, there is a TAS code. If the government shells out $800, it can trace through the TAS code who got it on what date and for what reason.
The Government Writes Blank Checks (No Recipient!)
This would all be swell if the government actually used these TAS codes, but Elon and the Department of Government Efficiency (DOGE) found out that the government made the use of TAS codes optional. So a person in some government office with a few billion to spend could simply issue payments without mentioning who was getting what amount or why.
If you’ve ever wondered why our Pentagon can never pass an audit (most federal departments can’t pass an audit, actually) it is because you cannot reconcile a payment without a payee back to the account. If I hand you a three-foot tall stack of checks for various amounts, totaling $1B, but the field for “payable to” and “memo” are blank on every check, you can’t conduct an audit.
Could this be why the federal government once gave billions of dollars to Baltimore for urban renovations but the money “got lost” and the work was never done? Is this why former New York Mayor Bill DeBlasio’s wife “lost” $900M? Her money came in through a mental health nongovernmental agency and was supposed to help people with mental illness. She spent the money and according to an investigation she kept “not a single receipt.” Despite squandering $900M, New York voters (not the brightest lot) have opted to continue the program, sinking a billion a year into it. No word on the receipts.
Now I Get It
When you realize they are just throwing money out the window without receipts, things become a lot clearer. It would explain how our government allocated $8B to build car charging stations under Joe Biden, and Mayor Pete only actually built seven of them. This wasn’t a matter of not being able to get parts or facing some sort of challenges in their construction. It was because whoever got the $8B in their account simply disbursed it in untraceable ways. They only managed to build seven chargers before there was no more money for car chargers. This happens all of the time, particularly under the Biden regime—big money was allocated for high-speed internet connections to rural areas under Biden, but not one single person was hooked up. How much money did we give to rebuild the Key Bridge in Baltimore that collapsed? Who knows, but no work has been done yet.
So now we know where our hard-earned tax dollars are not going. They’re not going to where Biden or Obama promised us they would go. But they didn’t just disappear into thin air. Elon has the checks… they just don’t have TAS codes.
Show Me the Money!
This brings me to a completely unverified claim. I can’t prove that this is true, nor can anyone at this point. But I present it as a theory. Pretend I’m Nancy Drew and this is my hypothesis.
Let’s look at Liz Warren as an example. She became a U.S. Senator in 2012 and has been in office ever since. Before she got to the Capitol, she and her husband were real estate flippers, buying foreclosed properties and setting distressed families in financial crisis out on the street so they could do some fast cosmetic fixes and flip the house or condo at a profit. She’s done this for years but has managed to hide it pretty well. Liz also lied about being a Native American to score a cushy job at Harvard where she taught one class and made upwards of $300k a year. This time at Harvard, the truth came out. Trump exposed her grift by trolling her to get a DNA test.
Now she’s in the Senate and her net worth is $73M. That’s a lot of money for an ignorant old woman who never patented a major invention, never starred in a major motion picture, never started a large business, never even introduced a line of skin care products or health supplements. As a Senator, her salary is $174,000 a year. So how did she acquire $73M? Well, one website said that it was from her many book deals and business ventures, but what books? What businesses? A $73M nest egg for book writing is J.K. Rowlings territory and I at least have heard of the Harry Potter books.
But it gets worse. This climate change warrior owns at least five cars, including an Audi RS Q8 (list $310k) along with a Land Rover and a Lincoln Aviator. She owns a home in her native Oklahoma valued at $13M (it’s 8,500 square feet). Although Liz was born and raised in Oklahoma, she represents Massachusetts. She just doesn’t like to live there.
In 2018, the earliest year I could find figures, Liz was worth $55M. In 2023, it was $73M and it may be even higher today.
So where is that money coming from? Like I said, I can’t find any reasonable explanation for millions upon millions of dollars falling into her lap.
But then …. what about the missing trillions? Could it be that Liz was getting some of that unmarked, untraceable money?
I have no idea. I'm just saying there is money missing from our account and big money showing up in her account. If the IRS saw I filed a tax return claiming I earned $40,000 in a year and then found me in a $10M mansion with five cars and a fat bank account, they might make inquiries. And that is what should happen next.
A Theory in Desperate Search of Proof
The real lynchpin to the theory that these checks without TAS codes are actually payoffs to Congress people (among other things, after all one trillion buys a million million-dollar checks) is the violent upheaval going on in Congress right now. You can’t get on Twitter these days without getting assaulted by a dozen or so Liz Warren warpath-tweets about how unhinged Trump is, that Elon is not elected, and that Americans will suffer if we ever have to put recipients on the name of government checks. And how many times are they going to call Trump and Elon Nazis? And don’t even follow Adam Schiff or Chuck Schumer. These guys haven’t been so unhappy since Trump won in 2016.
When you throw a rock into a pack of wild dogs, the one that barks the loudest is the one you hit.
Bernie Sanders, the world’s laziest Congressman, former pornographic novel writer, and outspoken socialist, is now worth $15M. It is claimed he gets these from book royalties and investments. That’s a lot of dough for books no one has ever heard of.
Some Congress people say they get rich from investments, but it is curious that they do not seem to figure out how to invest advantageously until they are in office. Bernie had a lifetime to learn to invest and never did it, until he got sideswiped by the Hillary campaign and apparently took a buyout. (That’s my unproven theory.) Where did Hillary and the Democrats get the money to buy Bernie’s new cars and his multiple new homes? I don’t know for a fact, but I bet if we could suddenly figure out the TAS codes for those trillions in checks, we’d find it.
The investments in some cases are real. Nancy and Paul Pelosi are active stock market denizens, and their net worth is pegged rather conservatively at $230M. Her stock picks are so legendary you can copy them. Just go to one of the many sites that offer reports on Pelosi stock picks. (Many sites follow her stock buys, just Google “buy Pelosi stocks” or something like that.) Right now, she’s hot after Tempus AI, Nvidia, and Vistra, all of which are directly or indirectly involved with artificial intelligence (AI).
The question with Pelosi—who actually has an explanation for her vast and massively increasing wealth—is whether or not she’s insider trading.
It is legal and ethical to buy or sell stock based on information to which the public has access. For instance, we all know that AI is a booming field, so you can do a little research and make a stock pick—that’s fair. You can also study companies online, and as long as everyone has access to the same information, that’s fair. But what if you knew something that was confidential, secret, or not public? Like maybe you new about some new breakthrough AI technology that was being discussed over at the patent office? Or maybe you knew the government was going to spend $10T buying AI systems, but it’s top secret at the moment. That’s insider trading and it has been illegal for us normies since 1934. Ironically, it was Joseph Kennedy (RFK Jr’s grandfather) who helped craft the laws against insider trading when he ran the Security and Exchange Commission (SEC). The reason Joe Kennedy was asked to write the laws making insider trading illegal is that he might have been the greatest insider trader who ever lived. He knew how to obtain and leverage even top-secret information to make smart decisions in the stock market. A lot of the original Kennedy fortune came from insider trading (the bootleg hooch stories are just a cover story).
Congress exempted itself from laws prohibiting insider trading, the same way they exempted themselves from the COVID vaccinations and Obamacare. That’s right, up to 2012 insider trading by Congress people was perfectly legal. They did it openly.
Then in 2012, the STOCK Act was passed (Stop Trading on Congressional Knowledge) which basically held Congresspeople to the same standard ordinary people had to uphold. And yes, some Congress people voted against the STOCK Act. Although the STOCK Act has been around for over a decade, it’s never been used, not once.
Studying stock transactions of the Pelosis is not for the faint of heart. Profits are outlandish, they rarely make a misstep, and many are making more money in the market than anywhere else. This may be why people like Nancy Pelosi never retire—they’d lose access to that insider information. The late Dianne Feinstein was a master of insider trading, and she never retired until they practically had to wheel her on a gurney out of her office, half dead. It’s not that they like their job or that they like to work. They like the cash and need that insider information.
Many of these Congressional insider-trading snakes hid their foul play using the Biden method—they did the trading in the names of their spouses or family members. Most of Nancy Pelosis stock deals are made by Paul Pelosi, her long-suffering husband. This is the Joe Biden School of Ethics—remember Burisma, the oil company in Ukraine? It would have been illegal for Joe Biden to take money from a Ukrainian oil firm to influence U.S. policy, but his son was not in government and was a free agent, so it was fine and legal for Burisma to pay Hunter $80,000 a month and more for a no-show job. And if Hunter got his father to make policy decisions that Burisma wanted, well, that was not illegal.
Is Insider Trading Just the Trojan Horse?
I think the insider trading racket is more of a specialty for folks like Nancy Pelosi or the late Dianne Feinstein. For the rest of Congress, it’s a Trojan horse. They can use insider trading to explain how they make $10M a month and while it’s technically illegal, it’s not the same caliber of evil as getting unmarked checks straight from the Treasury Department. It’s a decoy, sleight of hand, a Trojan horse. It’s like the venerable plea deal—sometimes the police catch a fentanyl dealer selling candy-colored pills in a school yard but maybe the lawyers get together and the best they can do is get him on a charge of possession. He pleads down and everyone goes home early.
Maybe insider trading is just the subterfuge that they’re using to deflect us from the fact that they are blatantly stealing our taxpayer money in the form of unmarked checks. Sure, some Congress people do insider trading. They also double-park, don’t tip, and marry their brothers. If you’re looking for a high-caliber of human being, you wouldn’t look in Congress. But using a bit of inside scoop to invest millions in the market and turn a profit is not nearly as egregious as having millions of taxpayer money sent in unmarked checks right into your bank account.
We need to investigate these guys, and I know where to start—the ones who are screeching and screaming the loudest that no one has the right to investigate what happens to tax dollars. That includes: Chuck Schumer, Liz Warren, Bernie Sanders, Mark Warner, Mitt Romney, Nancy Pelosi, Mitch McConnell, and Maxine Waters, besides the usual crew of Congress people. Let’s investigate all of them, Democrats, Republicans, the nearly dead, the foreign-born, the socialists, the ones with drag-queen eyelashes, the whole lot of them. I’m sure that Elon can figure out a way to determine how money from a tax slush fund managed to get diverted to various unidentified payees. The man makes re-usable rockets, he invented PayPal … he can figure out where the money went.
And let’s investigate all of our members of Congress. That $4.7T went somewhere. And let’s put it in perspective. Our national debt in the United States is a dizzying, sickening $30.9T (that works out to $85,552 per capita!) The missing money is 15% of that. I’d sure hate to think our Congress people stole it just for sport.
And if it works out that Congress didn’t steal this $4.7T, who did?
Almost unbelievable--but, unfortunately, not! Whew...