DOGE: best thing ever.
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Dog Wonder
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Dog Wonder
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Fact Check: Did DOGE save any money
Executive Summary DOGE’s claim to have “saved” large sums for the U.S. government is substantially disputed: independent analyses find the headline totals...
KCFlyer
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I remember back in March/April when the "savings" claimed was just over $1 trillion. Here it is today. In other news....Trump is giving Argentina about 20% of the DOGE savings.
WeAAsles
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Why was I 100% positive that you were going to chime in with your real handle on this one Dogwonder.
Anyway I don’t give a damn if the DOGE people find 1 Trillion, 100 Trillion or even 1 Dollar. 💵
Every drop of money being saved into that bucket 🪣 is a chance that our Social Security benefits don’t have to get cut.
But you’re so so so so TDS that you can’t even understand that.
Let me ask you. Would you be happy with a 23% cut to your benefits if you can say “Well at least Trump didn’t get his way”?
This is why people like you get labeled as Libtards.
WeAAsles
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Grok: 15 Sources/ 10 Posts
The phrase “giving money to Argentina” likely refers to recent U.S. financial support for the country’s economy, announced in late 2025 amid a government shutdown and domestic backlash in the U.S. This isn’t a direct cash handout or grant—it’s a combination of loans, currency swaps, and coordinated private financing designed to stabilize Argentina’s peso, bolster its foreign reserves, and prevent a broader economic collapse.
Argentina has a long history of financial crises (including 23 IMF programs since 1958), but this package builds on reforms under President Javier Milei, a close ideological ally of U.S. President Donald Trump. Here’s a breakdown of what’s happening and why.
The Financial Support: What and How Much?
• IMF Program (Multilateral, U.S.-Influenced): In April 2025, the International Monetary Fund (IMF)—where the U.S. holds the largest voting share—approved a 48-month Extended Fund Facility (EFF) worth $20 billion for Argentina. This included an immediate $12 billion disbursement, with another $2 billion slated for June 2025 (subject to review). By late 2025, most of this had been disbursed, focusing on fiscal tightening, deregulation, and rebuilding reserves.
• U.S. Bilateral Currency Swap ($20 Billion): In September-October 2025, the U.S. Treasury, under Secretary Scott Bessent, committed $20 billion from the Exchange Stabilization Fund (ESF)—a rare direct U.S. intervention not seen since the 1995 Mexico bailout. This acts as an emergency credit line: Argentina gets dollars now to defend its currency, but it must repay in pesos later (with interest). It’s not “free money” but a swap to provide liquidity without depleting U.S. taxpayer funds outright.
• Additional $20 Billion (Private/Public Mix): The U.S. is coordinating another $20 billion from banks, sovereign wealth funds, and partners like the World Bank and Inter-American Development Bank, bringing the total package to around $40 billion. This “adjacent” tranche involves loan guarantees and private lending, reducing direct U.S. exposure while tying funds to policy benchmarks.
In total, this could exceed $60 billion in international support (IMF + U.S./private), but the U.S. portion is framed as policy-conditional loans, not bailouts. Repayment is expected over years, with Argentina already owing the IMF $4.8 billion in 2026.
Why Is This Happening?
Key Reasons
The support addresses Argentina’s acute vulnerabilities—hyperinflation hit 211% in 2023 before Milei’s reforms brought it down to ~40% by mid-2025, but the peso remains volatile, reserves are low (~$40 billion, barely covering imports), and debt payments loom.
Broader motivations include:
1. Economic Stabilization and Reform Support: Milei’s libertarian agenda (slashing subsidies, deregulating markets, and boosting energy/mining exports) has shown early wins like disinflation and growth recovery. The funds help “bridge” to midterms (October 2025) and full market access, unlocking investments in lithium, gas, and agribusiness. Without it, a peso devaluation could trigger hyperinflation again, risking regional contagion.
2. Geopolitical Strategy: Trump views Milei as a bulwark against left-wing populism in Latin America and Chinese influence (Argentina sold billions in soy to China and had a prior $5 billion swap with Beijing’s central bank). The aid reinforces U.S. dollar dominance, counters de-dollarization efforts, and aligns with “America First” by fostering pro-U.S. allies. As Bessent put it, it’s about “good policy” to prevent a “sudden stop” in inflows.
3. U.S. Domestic and Global Leadership: Historically, the U.S. uses tools like the ESF to avert crises that could spill over (e.g., migration, trade disruptions). IMF head Kristalina Georgieva called it a way to “strengthen the program,” potentially ending Argentina’s serial defaults. Critics argue it’s favoritism for Milei, but proponents say it reduces long-term U.S. costs by stabilizing a key partner.
Criticisms and Risks
• Domestic U.S. Backlash: Amid the 2025 shutdown, Democrats (e.g., Sen. Amy Klobuchar) slammed it as hypocritical—costing ~$40 billion while ACA subsidies expire and food lines grow. Some Republicans echo this, questioning why U.S. needs go unmet. On X, users call it a “bailout” enriching hedge funds (Bessent’s old firm has Argentina ties).
• Historical Skepticism: Argentina burned through $50+ billion in prior IMF aid; defaults could recur if reforms falter post-elections.
• Conditions: Funds require fiscal anchors (e.g., no deficits), structural changes (e.g., labor deregulation), and reserve rebuilding.
Failure triggers cuts.
In short, this is strategic lending to avert chaos, not charity—tied to reforms that could make Argentina a U.S. economic outpost. If Milei succeeds, it pays off; if not, it’s another chapter in Argentina’s boom-bust cycle. For real-time updates, check IMF or Treasury announcements, as disbursements hinge on reviews.
The phrase “giving money to Argentina” likely refers to recent U.S. financial support for the country’s economy, announced in late 2025 amid a government shutdown and domestic backlash in the U.S. This isn’t a direct cash handout or grant—it’s a combination of loans, currency swaps, and coordinated private financing designed to stabilize Argentina’s peso, bolster its foreign reserves, and prevent a broader economic collapse.
Argentina has a long history of financial crises (including 23 IMF programs since 1958), but this package builds on reforms under President Javier Milei, a close ideological ally of U.S. President Donald Trump. Here’s a breakdown of what’s happening and why.
The Financial Support: What and How Much?
• IMF Program (Multilateral, U.S.-Influenced): In April 2025, the International Monetary Fund (IMF)—where the U.S. holds the largest voting share—approved a 48-month Extended Fund Facility (EFF) worth $20 billion for Argentina. This included an immediate $12 billion disbursement, with another $2 billion slated for June 2025 (subject to review). By late 2025, most of this had been disbursed, focusing on fiscal tightening, deregulation, and rebuilding reserves.
• U.S. Bilateral Currency Swap ($20 Billion): In September-October 2025, the U.S. Treasury, under Secretary Scott Bessent, committed $20 billion from the Exchange Stabilization Fund (ESF)—a rare direct U.S. intervention not seen since the 1995 Mexico bailout. This acts as an emergency credit line: Argentina gets dollars now to defend its currency, but it must repay in pesos later (with interest). It’s not “free money” but a swap to provide liquidity without depleting U.S. taxpayer funds outright.
• Additional $20 Billion (Private/Public Mix): The U.S. is coordinating another $20 billion from banks, sovereign wealth funds, and partners like the World Bank and Inter-American Development Bank, bringing the total package to around $40 billion. This “adjacent” tranche involves loan guarantees and private lending, reducing direct U.S. exposure while tying funds to policy benchmarks.
In total, this could exceed $60 billion in international support (IMF + U.S./private), but the U.S. portion is framed as policy-conditional loans, not bailouts. Repayment is expected over years, with Argentina already owing the IMF $4.8 billion in 2026.
Why Is This Happening?
Key Reasons
The support addresses Argentina’s acute vulnerabilities—hyperinflation hit 211% in 2023 before Milei’s reforms brought it down to ~40% by mid-2025, but the peso remains volatile, reserves are low (~$40 billion, barely covering imports), and debt payments loom.
Broader motivations include:
1. Economic Stabilization and Reform Support: Milei’s libertarian agenda (slashing subsidies, deregulating markets, and boosting energy/mining exports) has shown early wins like disinflation and growth recovery. The funds help “bridge” to midterms (October 2025) and full market access, unlocking investments in lithium, gas, and agribusiness. Without it, a peso devaluation could trigger hyperinflation again, risking regional contagion.
2. Geopolitical Strategy: Trump views Milei as a bulwark against left-wing populism in Latin America and Chinese influence (Argentina sold billions in soy to China and had a prior $5 billion swap with Beijing’s central bank). The aid reinforces U.S. dollar dominance, counters de-dollarization efforts, and aligns with “America First” by fostering pro-U.S. allies. As Bessent put it, it’s about “good policy” to prevent a “sudden stop” in inflows.
3. U.S. Domestic and Global Leadership: Historically, the U.S. uses tools like the ESF to avert crises that could spill over (e.g., migration, trade disruptions). IMF head Kristalina Georgieva called it a way to “strengthen the program,” potentially ending Argentina’s serial defaults. Critics argue it’s favoritism for Milei, but proponents say it reduces long-term U.S. costs by stabilizing a key partner.
Criticisms and Risks
• Domestic U.S. Backlash: Amid the 2025 shutdown, Democrats (e.g., Sen. Amy Klobuchar) slammed it as hypocritical—costing ~$40 billion while ACA subsidies expire and food lines grow. Some Republicans echo this, questioning why U.S. needs go unmet. On X, users call it a “bailout” enriching hedge funds (Bessent’s old firm has Argentina ties).
• Historical Skepticism: Argentina burned through $50+ billion in prior IMF aid; defaults could recur if reforms falter post-elections.
• Conditions: Funds require fiscal anchors (e.g., no deficits), structural changes (e.g., labor deregulation), and reserve rebuilding.
Failure triggers cuts.
In short, this is strategic lending to avert chaos, not charity—tied to reforms that could make Argentina a U.S. economic outpost. If Milei succeeds, it pays off; if not, it’s another chapter in Argentina’s boom-bust cycle. For real-time updates, check IMF or Treasury announcements, as disbursements hinge on reviews.
Dog Wonder
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Ask Grok how you can get a date.
WeAAsles
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WeAAsles
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Still lying
Fact Check: Did DOGE save any money
Executive Summary DOGE’s claim to have “saved” large sums for the U.S. government is substantially disputed: independent analyses find the headline totals...
Here you are you Mental Case. You’re a really really stupid idiot aren’t you. Moron.
KCFlyer
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You realize Grok was reprogrammed after it gave too many results that differed from Elon's view.
Dog Wonder
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Weezie wants his computer to think for him.
WeAAsles
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Dog Wonder
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And both of them make you look dumb.
