The Bongino Brief - Doge's Next Target Has Been Identified!!!

Summary

Podcast Summary: The Bongino Brief - Doge's Next Target Has Been Identified!!!

Podcast Information:

• Title: The Dan Bongino Show
• Host/Author: Cumulus Podcast Network | Dan Bongino
• Episode: The Bongino Brief - Doge's Next Target Has Been Identified!!!
• Release Date: February 15, 2025

Overview: In this episode of The Dan Bongino Show, host Dan Bongino delves into the financial discrepancies among U.S. politicians, critiques the growth of government bureaucracy, and discusses the potential threats posed by emerging technologies like Dogecoin (referred to as "Doge") to corrupt governmental practices. Bongino intertwines personal anecdotes, political analysis, and critiques of both Democratic and Republican figures to present his viewpoints on governmental corruption, fiscal irresponsibility, and the manipulation of financial systems.

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1. Opening Remarks and Political Wealth Disparity

Timestamp: 00:00 – 05:30

Dan Bongino opens the episode by highlighting troubling economic forecasts predicting a potential depression by 2030. He discusses the impending crises facing Social Security and Medicare, alongside the escalating national debt and cost of living. While briefly mentioning an advertisement for Birch Gold, Bongino transitions into his main topic: the wealth accumulation of politicians.

Key Points:

• Politicians' Wealth: Bongino questions how politicians amass significant wealth despite seemingly lacking entrepreneurial or innovative backgrounds.
• Net Worth Claims: He scrutinizes reported net worth figures of prominent politicians like Nancy Pelosi ($202 million), Mitch McConnell ($95 million), Chuck Schumer ($75 million), and Elizabeth Warren ($67 million), expressing skepticism about their accuracy.

Notable Quotes:

• “They don't really know anything. They add no value.” (01:15)
• “There is no power in yes. There is only power in no.” (04:50)

2. Government Bureaucracy and Corruption

Timestamp: 05:30 – 09:10

Bongino recounts a conversation with Chuck Ecker, a Howard County executive from Maryland, about the inherent power dynamics within government bureaucracy. He emphasizes that bureaucrats hold power by denying permissions, which can foster corruption through rent-seeking behaviors.

Key Points:

• Power in Denial: Government officials often exert control by saying "no," making it easier to demand bribes to approve permits or bypass regulations.
• Expansion of Regulations: Bongino argues that increasing rules and regulations grants more power to bureaucrats, facilitating opportunities for corruption.

Notable Quotes:

• “There is no power in yes. There's only power in no.” (05:10)
• “That's why government likes to expand regulations and rules.” (06:00)

3. Critique of Elizabeth Warren’s Banking Statements

Timestamp: 05:45 – 07:18

Bongino critiques a statement made by Senator Elizabeth Warren regarding the Consumer Financial Protection Bureau (CFPB) and its impact on Wall Street banks. He challenges her assertions that banks are now free to scam individuals due to changes under the Trump administration.

Key Points:

• Warren’s Claim: Elizabeth Warren claims that the CFPB's limitations under President Trump allow banks to engage in fraudulent activities unchecked.
• Bongino’s Rebuttal: He questions the validity of her statements, pointing out that the Federal Reserve, under Jerome Powell, continues to oversee the banking system and that regulatory frameworks remain intact despite CFPB constraints.

Notable Quotes:

• “Is there any actual evidence to back that up?” (06:29)
• “That's a serious charge.” (06:40)

4. Analysis of Jasmine Crockett’s Stance on Government Technology Audits

Timestamp: 07:18 – 09:56

Bongino discusses Representative Jasmine Crockett’s opposition to involving tech experts in auditing government expenditures. He criticizes her reasoning and underscores the importance of technological oversight in managing vast government budgets.

Key Points:

• Crockett’s Position: Crockett argues against utilizing tech professionals to audit government spending, suggesting reliance on existing bureaucratic methods.
• Bongino’s Counter: He highlights the inefficiency and corruption within governmental tech systems, advocating for independent tech audits to ensure transparency and accountability.

Notable Quotes:

• “If you are trying to conduct audits and figure out where the waste, fraud and abuse is, I don't know why you would go to some tech guy.” (09:17)
• “Why put up that thing again about the net worth? Because, folks, there are a lot of really stupid people getting really rich off government payouts.” (09:30)

5. The Role of Dogecoin in Exposing Government Fraud

Timestamp: 09:56 – 15:00

Bongino introduces the concept of "Doge" (Doge's Next Target) as a tool to uncover and combat fraudulent activities within government financial systems. He theorizes that increasing transparency through blockchain technologies like Dogecoin could expose corrupt practices and deter fraudulent behavior.

Key Points:

• Doge as a Tool: Utilizing decentralized currencies and blockchain technology to ensure financial transactions within government are transparent and immutable.
• Impact on Fraud: Enhanced transparency could lead to reduced corruption as illicit activities become easier to trace and publicize.

Notable Quotes:

• “The Doge would clean up fraud and it would be eventually, when they get back in power, more money for them.” (11:45)
• “There will be a freaking revolt in this country of seniors and Medicare recipients when they find out that trillions of dollars over decades were wasted on fraud.” (14:30)

6. Future Outlook and Social Security Concerns

Timestamp: 15:00 – End

Bongino concludes by expressing concerns over the sustainability of Social Security, predicting a significant shortfall within the next decade. He warns that exposure of governmental fraud and mismanagement, potentially facilitated by technologies like Dogecoin, could lead to public unrest and demands for systemic reforms.

Key Points:

• Social Security Viability: Relying on actuarial reports, Bongino warns of the imminent depletion of Social Security funds.
• Public Revolt: The revelation of extensive fraud and mismanagement could trigger widespread dissatisfaction among current and future beneficiaries of Social Security and Medicare.

Notable Quotes:

• “Don't ever forget, folks, it's the same.” (15:20)
• “Why do liberals themselves even fight for the fact that rich people should get Social Security? The reason is a program for the poor is a poor program.” (16:00)

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Conclusion: In this episode, Dan Bongino critically examines the financial integrity of U.S. politicians, the expansion of governmental power through bureaucracy, and the potential of blockchain technologies like Dogecoin to mitigate corruption. He underscores the urgency of addressing these systemic issues to safeguard the future of essential social programs and maintain public trust in governmental institutions.

Disclaimer: The views and opinions expressed in this summary reflect those presented by Dan Bongino in the podcast episode and do not necessarily represent factual accuracy or impartial analysis. Listeners are encouraged to conduct their own research and consult multiple sources for a comprehensive understanding of the topics discussed.

Transcript

[Dan Bongino]

Have you seen the news from some economists forecasting a depression by the year 2030. Some are even forecasting that Social Security and Medicare are headed to hit a breaking point. Our national debt and cost of living continue to rise. We can have a big problem. Help protect your family's future with gold from Birch Gold held in A tax deferred IRA. Text DAN to 989-898. Get your free copy the Ultimate Guide for Gold in the Trump Era with a forward by Donald Trump Jr. Text DAN to 989-898 message and data rates apply. Dan Bongino welcome to the Bongino Brief. I'm Dan Bongino. You ever wonder this? This is the easiest poll ever. Tell Bongino, but I don't even want to waste your time on this one. You ever wonder how these freaking politicians get so rich? They have no life skills. Their only life skills are they have connections to other politicians or their daddy or mommy was a politician. They don't really know anything. They add no value. They didn't invent like some big smart, super ridiculous AI tech company or send like a rocket into space. And yet they're really rich. This is Doge account that put this out. NANCY PELOSI Annual salary 223,000 Net worth 202 million. I'm always a little skeptical these net worth figures because the ones about mine online are really off and it's so easy to figure out if you just go to like the publicly traded companies. However, I think we could both agree it's worth a lot of money. Mitch McConnell says his annual salary 200 net worth 95 million. Chuck Schumer 75 million. Elizabeth Warren 67 million. Folks divide these numbers by 10. Say they're not pretend for a second. They're not even accurate. Say Pelosi is worth 20 million and McConnell's worth 9.5 and Elizabeth Warren 6.7. Where the hell did they get this money? Folks work for a thousand years. That's actually not a bad point. I mean, I just watched Nosferatu. That's. Should I. He's like, this is. You know, we may have to. Michael says if you do the math, he's a math major. Maybe she worked a thousand years. Maybe, maybe. I don't know. I mean, the United States isn't that old, but whatevs, who knows? Maybe there reminds me of an interview with a vampire. Like, what's that? I want some more. Remember that? Who knows what she was up to. But I'm gonna tell you how this works. You ready? Some of you may have heard this segment before in a prior podcast, but if you haven't, you're making a big mistake if you don't listen again, because I want you to tattoo this on your brain. Okay? I was running for office a while ago. This guy, Chuck Ecker was the Howard county executive on running in Maryland. And we got in this conversation about how people in government get rich and why government just continues to grow despite the fact that everybody, sane person, hates big government. And he said, dan, you got to understand, buddy, there is no power in yes. There is only power in government bureaucrats telling people no. And I said, I mean, I got what he was saying, but I said, explain. I said, I want you to think about it. You're whatever, something simple out there. You're a building inspector in a place. You know, my dad was once. I'm not knocking him. But if you have a tendency to corruption, there's no power in you approving everybody's building permits. If you're corrupt, you want to say no a lot so that people have to slip you some money under the table to figure it out, right? There is no power in yes, ladies and gentlemen. There's only power in no. That's why government likes to expand regulations and rules, because it's more rules you have to obey that they have to date. When you go to them, you're going to have to ask them, am I following the rules by building this building? You get the point. There is no power in yes. There's only power in no. And that's how these people get rich. They lobby you to yes. Remember that line. There is a lot of money in lobbying you to yes. That's why dumb people get really rich. More in a minute. But first, hey, One of my favorite traditions is choosing New Year's resolutions. We all get the opportunity. Start the year fresh, set goals, tackle new challenges. This new year, I encourage you to learn something new. With Hillsdale College, they have more than 40 free online courses. More than 40, 40 free online courses. Learn about the works of C.S. lewis, stories in Genesis, the meaning of the U.S. constitution, the rise and fall of the Roman Republic, or the history of the ancient Christian church. With Hillsdale College's free online courses. They're really incredible. I've been enjoying lately American Heritage. It examines the history of America from the colonial era to the present, including the major challenges to the Founders principles and great controversies in America's history, including the current crisis of progressivism. They have centered around the meaning of those basic foundational principles. These Courses are self paced so you can start whenever and wherever you like. So go today to Hillsdale Edu Dan and enroll. There's no cost, it's easy to get started and you'll get smarter by the day. You'll become a better debater too. That's Hillsdale Edu Dan to enroll for free. Hillsdale Edu Dan. The courses are great. Check them out. The Roman Republic one is fantastic too. Here, I want you to play this clip with Elizabeth Warren Pocahontas, who's lied about everything to get ahead. A woman with no life skills other than making powwow chow. I want you to listen to this segment about banks where she throws out a completely ridiculous, absurd, obscene charge that banks under the last three weeks of Donald Trump are now free to scam people. I'm going to play the response in a second, but this is the left in a post truth world just fabricating charges to scare banks out there because they want to be paid off to get to. Yes, check this out.

[Elizabeth Warren]

By forcing the CFPB not to do its job, President Trump, Elon Musk and the Author of Project 2025 Rust Vote are giving Wall street banks an unlimited get out of jail free so they can cheat working families even while community banks continue to play by the rules. You know, for any Americans who have money deposited at J.P. morgan or Wells Fargo or any other of the giant banks, they should now know that there is no one on the job to make sure that those banks are not scamming you.

[Dan Bongino]

Here's the response from Senator Mike Rounds where he asked a really simple question of Jerome Powell. Jerome Powell is running our Fed. I don't think he's doing a particularly good job, but they of course oversee the banking system in some respect. He's like, so this senator who's living in a post truth liberal, Adam Schiff Eric Swalwell type world is suggesting that banks are now free to scam people. That's a serious charge. I mean, she is a US Senator, correct? Is there any actual evidence to back that up? And by the way, Powell's not even a Trump guy. I want you to listen to the answer because she just made it up, dude, like everything else the liberals do. Check this out. Gestion that the ranking member has made here is that the big banks can now scam individuals right now. Any change in the laws regarding how they're supposed to be treating the individual consumers out there or anything along that line?

[Elizabeth Warren]

Law changes?

[Dan Bongino]

No, I'm not aware of any changes. Any rules that they would have to follow? Not that I'm aware of. Are they still audited and do they still have the regulators in watching all of their businesses just as they did before? Well, they'd have all the regulators except for the CFPB if in fact, in the hypothetical, the CFPB weren't carrying that out. All right, just. I want you to digest what I told you yesterday in the podcast and the radio show. You are qualitatively better than them. The quality of your material on social media and elsewhere, this vast Maga army, Bongino army, the conservative crew, the Tea Party. You're better than them. They lie about everything all the time because that's all they have. And then when they don't lie, what they do is they engage in emotional meltdowns by the idiocracy. Listen, we have dumb asses on our side too. Okay, I get it. Get it. Got it. Good. We do. We have some people in the Republican Party screw up all the time. I could mention names, but I prefer not to engage in Republican on Republican political violence right now because there's so much stupidity on the Democrat side. Here's what I'm talking about. Here's Jasmine Crockett, who is in Jim's Dumbest Member of Congress. A March sadness thing is coming out soon, but Jasmine Crockett is probably going to get a number one seed. She has rapidly moved up the ranks. I want you to listen to what she says. Put aside. I know you're going to laugh in advance because but pretend this is a serious person for a second. She's making the case here, or attempting to, that we should not have people with a tech background go in and analyze the government's technology. Because like, why? Like the government that's probably using smartware from 1980 is better at tech stuff than the actual tech companies. This is the Hill you want to die on. The answer is yes. Here, check this out.

[Jasmine Crockett]

If you are trying to conduct audits and figure out where the waste, fraud and abuse is, I don't know why you would go to some tech guy. In fact, it was only techies that were sitting there at inauguration. We didn't have auditors. I would welcome auditors to come in and do forensic audits. In fact, he sat there in the Oval Office yesterday and he admitted that he was lying and he was using his propaganda machine to do it. When he said that we sent millions of dollars to Gaza for condoms, that was a lie. So let me tell you something. The gentle lady's time is expired. The gentle lady's time has expired Reign in this world Rogue actor no gentle lady's time has expired.

[Dan Bongino]

So you don't want technology people to come in and actually observe the technology used to pay out $7 trillion of government spending. You guys work here, right? When we brought. We brought Jazz, not Jasmine Crockett. We have a Jasmine. She's actually smart. One of the first things I asked her to do. Do you guys remember with the inventory thing? Folks, we have, like, seriously, like, four or five people that work here. That's it. We're not. We're not spending $7 trillion. Bongino Inc. We said, hey, we have a lot of equipment for roadshows, and some of the stuff was missing. Can we get an inventory system? And you know what we did? We're gonna use, like, technology. This is a $7 trillion government. And this dip wad wants to make the case that we can't have tech people analyze the tech. I will never forget my first few days being an agent. I had left the nypd, which had its own technology problem, of course, you know, government. And we had these things called TNAs. Time and Attendance Record. TNA can mean a lot of. This is not an Eric Swalwell segment. There was time in attendance. We had these TNA things. You'd fill them out, and we would punch them in this computer on this program called Smartware or something. And I went home to Paula, who was my girlfriend at the time, and she was a database developer. And I said, do you know what smartware is? She's like, isn't that from, like, the 70s or something? I go, yeah, we use it in the Secret Service. She laughed. She couldn't believe it. She was like, why? I'm like, because it's the government. That's why. But Jasmine Crockett does not want actual tech people going in there. Why put up that thing again about the net worth? Because, folks, there are a lot of really stupid people getting really rich off government payouts. The gravy train, the influence operation, the. And the reason they don't want you picking up the rock and saying, hey, man, let me look under this and see what's living under there is because they know when you see that the government bookkeeper is corrupted and stealing money, that you're never going to trust the bookkeeper again. Listen, I got to make this point again today because it's really important. I've been getting a lot of questions on Rumble and Facebook and Twitter and elsewhere. A lot of people have been asking me this. The essence of the question is this, Dan, if you follow the money, and a lot of these politicians are getting really rich off government, shady, fraudulent, maybe criminal payouts, then I don't understand why they wouldn't actually like the Doge. Because the Doge would clean up fraud and it would be eventually, when they get back in power, more money for them. Right? Like if you're a criminal and you have mob bosses fight all the time, it's not that they're objecting to mob behavior, they're the mob, too. It's like they don't want the mob taking their money. Fair question. Correct. Why would government, people getting rich off government not want at least some fraud being detected so that it's more money for them? And the reason is what I just told you. Once people see, possibly for the first time with this dynamic duo, like the wild Samoans from the old WWF of Trump and Elon, how bad the government has been spending your money, what do you think is going to happen with Social Security recipients who were told in 10 years, hey, we can't afford to pay you your full payout anymore. You get it? Now you see what's going on? You got people on Social Security their entire life who busted their ass. Listen, folks, the program was designed poorly. Put that aside a second. The program was designed poorly, but you have people who busted their ass their entire lives. You got a guy who worked in a coal mine for 30 years, probably got black lungs, he finally retires, maybe he enjoys five years of retirement, maybe sees it, goes on a vacation once in a while, busted his ass, he paid into this crap broken system forever. And all the money's gone. They're going broke in 10 years. Don't. Don't take it from me. Read the Social Security actuary's own report. You see why they're so afraid now of turning the rock over. There will be a freaking revolt in this country of seniors and Medicare recipients when they find out that trillions of dollars over decades were wasted on fraud, scumbag schemes, mob tactics, and all this other crap. So they'd rather just make the whole thing go away. Don't ever forget, folks, it's the same. Sorry. I know I have a lot to get to, but I love this government stuff, like cracking the whole government code for you. There's a reason the adage in D.C. a program for the poor is a pro. Poor program is real, too. Why do. Why do people who are really rich, why do they need Social Security? I'm talking about really rich folks. I'm not talking about people who even make a millionaire. I'm talking about people who make like 10 million. You ever do ever wonder that you don't need it. It's like you leave that as a tip in a restaurant. Why do even liberals think about this? I'm going to give you a second. Some of you in the chat may have heard this before. You may know this. Why do liberals themselves even fight for the fact that rich people should get Social Security? The reason is a program for the poor is a poor program. Why? Because they know rich people. You ever hear this, Michael? They know rich people have a lot of influence in Congress. And they know that they will fight to keep the program alive as long as they get to dip into the pot too. They don't give a shit if the program goes bankrupt. All they care about is that they control the money. So that was a clip from the Dan Bongino Show. You can watch the full show on Rumble. All you have to do is go to rumble.com bongino where we go live every weekday at 11am eastern time. Hope to see you there.