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 (127) |
Author: Dope1   😊 😞
Number: of 84361 
Subject: Re: The Coup Underway and Call to Americans
Date: 02/03/25 2:11 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Wow. Senator Ernst weighs in:

X (Twitter): Autism Capital 🧩 on X: "🚨 NEW: Senator Joni Ernst said that USAID had threatened her and her staff after she started looking into them. She was told she wasn’
NEW: Senator Joni Ernst said that USAID had threatened her and her staff after she started looking into them. She was told she wasn’t allowed to access their databases and that 30-40% of USAIDs money goes towards “overhead” of rent and salaries and entertainment expenses. She later found out that even that number was understated and it was actually upwards of 50-60%

This is an agency in serious need of reform.

She's been looking at them for a while:
ernst.senate.gov - Ernst mccaul fight for accountability in foreign aid at usaid

WASHINGTON – Today, U.S. Senator Joni Ernst (R-Iowa) and U.S. Representative Michael McCaul (R-Texas), chairman of the House Committee on Foreign Affairs, are demanding answers from U.S. Agency for International Development (USAID) Administrator Samantha Power on the agency’s lackluster stewardship of taxpayer dollars appropriated for humanitarian assistance abroad.

USAID issues Negotiated Indirect Cost Rate Agreements (NICRAs) for over 300 organizations and companies, many of which are large multinational organizations headquartered outside the United States. Indirect costs, which can include rent for a partner’s corporate headquarters, lobbying costs, and other miscellaneous expenses, can easily exceed 25% of an organization’s total award. In fiscal year 2022 alone, USAID issued $14.94 billion across 5,788 transactions.

Despite several attempts by Senator Ernst to review NICRA information, USAID persistently blocked access, including by falsely claiming that congressional oversight of NICRAs would violate federal laws. As a result of USAID’s obstruction, Senator Ernst has joined forces with Chairman McCaul to send a formal oversight request to USAID to gain access to the rates.


USAID playing games is nothing new it seems.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Dope1 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 (127) |


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