Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (58) |
Author: ptheland 🐝  😊 😞
Number: of 84358 
Subject: Re: More on USAID Expenditures of Taxpayer Money
Date: 02/04/25 11:35 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
But the audit is just getting underway. There are reports that T&E in USAID may be 40-50% of Agency expenditures.

I’m sure there are such reports. But if those reports were actually true, it would be trivially easy to find those T&E payments. Sort the payments coming out of USAID by size and look at the top 5% or 10%. T&E payments would be all over that selection.

I am a self described terrible auditor, but even I know how to find something that large.

So why did these minuscule payments come out first in the headlines and not those supposedly massive T&E payments?

I’ll tell you why. Because payments of that size don’t exist. If they did, that would be the headline. Those report you refer to are just lies to get you riled up.

Quit falling for the lies, Mike. You are smarter than that.

—Peter
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to ptheland here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (58) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community