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1. Embed this notice
   Paul Cantrell (inthehands@hachyderm.io)'s status on Tuesday, 25-Feb-2025 00:56:39 JST Paul Cantrell

   The claimed cost-cutting is “a steaming pile of DOGEshit:” a festering heap of accounting fraud, and really •incompetent• accounting fraud at that:

   “contracts…double- or triple-counted”
   “inflated the totals by billions of dollars”
   “counted contract ended under Biden”
   counted “contract worth $8 •m•illion as $8 •b•illion”

   1/2

   • Embed this notice
     Paul Cantrell (inthehands@hachyderm.io)'s status on Tuesday, 25-Feb-2025 00:57:14 JST Paul Cantrell

     in reply to

     Krugman asks:

     “Imagine that a publicly held company were to release a statement about its earnings that was riddled with major errors…making the company’s earnings look better than they are. What would you conclude?”

     “This is the kind of thing Jim Chanos, the famed short-seller, used to look for before making a company a target.”

     https://paulkrugman.substack.com/p/doge-is-the-theranos-of-cost-cutting

     2/2 #uspol

   • Embed this notice
     Paul Cantrell (inthehands@hachyderm.io)'s status on Tuesday, 25-Feb-2025 01:00:35 JST Paul Cantrell

     in reply to

     What does it look like to short-sell the entire US government and economy, I wonder?

     3/2

   • Embed this notice
     Advanced Persistent Teapot (http_error_418@hachyderm.io)'s status on Tuesday, 25-Feb-2025 01:11:05 JST Advanced Persistent Teapot

     in reply to

     @inthehands can you short treasury bonds?

   • Embed this notice
     Marsh Gardiner 💡🐝🔧 (earth2marsh@hachyderm.io)'s status on Tuesday, 25-Feb-2025 01:40:25 JST Marsh Gardiner 💡🐝🔧

     in reply to

     @inthehands "3/2" is a perfectly appropriate meta-accounting for this thread.