Elon Musk Podcast Peter Welch Rips Into Trump And Elon Musk Over DOGE, Calls It A 'Colossal Failure'
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Mar 3, 2025 Peter Welch, a U.S. Representative from Vermont, shares his strong opinions on the failures of Dogecoin, labeling it a 'colossal failure.' He delves into how the cryptocurrency's downfall adversely impacts individuals and institutions, warning against the financial risks. Welch critiques ineffective government spending amid job cuts and emphasizes the dire consequences for farmers and veterans due to broken promises. He calls for thoughtful policy-making to safeguard public welfare, highlighting the need for accountability in tough times.
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Veterans Fired
- DOGE fired thousands of veterans, including researchers working on cancer treatments and opioid addiction.
- This demonstrates DOGE's disregard for vital services and the well-being of veterans.
Broken Contracts with Farmers
- Farmers entered into contracts with the government under the Inflation Reduction Act, often taking out loans.
- DOGE then broke these contracts, leaving farmers in debt, demonstrating a disregard for agreements.
DOGE's Real Plan
- DOGE claims to cut waste, fraud, and abuse, but its actual plan is simply firing people.
- This approach decimates essential agencies like FEMA, the Department of Agriculture, and the NIH.