ACC Friday Edition

Biden's almost $1 TRILLION in fraud, Cutting off the DoE, Fed doesn't know what it's doing, Pushback against DEI in the military, Restricting money to the UN

Federal fraud under the Biden Administration tops out at over $750 BILLION.

Actually that is just the first three years, so maybe we’ve topped a trillion at this point. Think about that. One trillion dollars.

(From Real Clear Investigations)

In its first three years, the Biden administration set a record for the amount of money sent to the wrong recipients, for the wrong reasons, or in the wrong amounts during a single presidential term – at least $764 billion. The federal government estimates that nearly 6% of its total spending has gone to improper payments during Biden’s presidency, according to OpenTheBooks.com.

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No more wasteful loans for the DoE

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"So all of this is to say that The Fed doesn't seem to have a serious theory of inflation that's theoretical and empirical... It's not obvious they acknowledge what their role is in prices, instead claiming it has something to do with wars and pandemics."

This is not encouraging. Sadly it isn’t surprising either.

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DEI is crushing military recruitment

Why would people put their life on the line if they feel they will be actively discriminated against in the military?

We can also attest that there is little confidence within the veteran community, at least in our anecdotal experience, with current military leadership. DEI is one of the reasons for this.

(From The Wall Street Journal)

Over the past three years, the Pentagon steadily erected a diversity, equity and inclusion bureaucracy. Diversity officers were installed throughout the ranks, systematically replacing Colin Powell’s “colorblind” philosophy with identity reporting up the chain of command. The Air Force issued a memorandum in 2022 setting specific race and sex quotas for officers. In 2023 President Biden stated diversity was necessary for “all successful military operations,” ordering DEI to be embedded throughout the ranks.

Our survey underscores the unpopularity of these moves among veterans. Contrary to President Biden’s claim, 57% say that diversity is “not essential” for military success, and 94% oppose race and sex preferences in military promotions. Only 14% of veterans want the military to pay more attention to DEI.

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