Buyers beware: if you bought Trump's campaign line about grocery prices and eggs and gas at the pump, he cares not a twit about consumers. He never had powers to roll back grocery prices or even gas at the pump.(crude oil supplies and price per barrel are set in world markets controlled by international cartels) You were conned. He does have the power to raise consumer prices and he thinks he has the power to end protections from financial institutions screwing consumers. He guts the CFPB that protects you from bad-acting financial institutions, raises costs of living by high tariffs, and favors business interests so far in every instance. Trump has admitted consumers will feel the pain from tariffs, but "it will be worth it".Worth it for whom? Not the consumers. For investors, maybe. His announcement regarding a 25% tariff increase for steel and aluminum will further hit consumers with higher prices. Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty - ABC News.
https://www.forbes.com/sites/saradorn/2025/02/10/trump-vs-cfpb-russ-vought-orders-consumer-financial-protection-bureau-to-stop-work/ So what now. Here is what those innocent doze boys have done: engineered the largest data breach of personal data held in the Treasury computers. Good work boys. And today, we learned as the Consumer Finance Protection Agency was being shut down, we got invaluable private consumer data and information. Good work, boys. Four young staffers working under Elon Musk gained access to highly sensitive personal data held by a consumer protection agency before shutting it down. Musk allies given access to private consumer data before shutting down agency: sources
Billions and billions of fraud shouts Musk...he's got the receipts. One was not a an 8 billion dollar contract; it was revised to a 8 million contract ....Typo....Musk. It was caught in an audit and corrected in 2023. 125 year ods getting ssoi checks? er that, too, was found in a 2023 because it used an obsolete coding system (COBOL) that a geek friend of mine would have been picked up by a second year IT student...and that Musk and his hackers didn't understand that was
"hilarious". Here's the 2023 1875 audit report A 2023 Social Security audit regarding the year "1875" primarily found that a significant number of records contained inaccurate data, often using "1875" as a placeholder for missing birth dates, leading to an inflated count of extremely old beneficiaries receiving benefits, which ultimately concluded that the system needed improved data quality checks to prevent such errors from occurring.
Key points about the "1875" audit finding:
Data inconsistency:
The "1875" date was frequently used in records where a person's birthdate was missing, creating a large number of seemingly very old recipients in the system.
System limitations:
This issue likely arose due to coding limitations in the Social Security system, where a missing date field might default to an arbitrary year like 1875.
Impact on calculations:
While not representing actual beneficiaries, this data inconsistency could skew calculations related to program costs and demographics.
What the audit concluded:
Need for data quality improvements:
The audit highlighted the necessity for enhanced data validation procedures to identify and correct inaccurate birthdates.
System updates:
Recommendations were likely made to modify system coding to prevent automatic "1875" entries when birthdate information is missing.
Are 150-year-old Americans receiving Social Security checks ...
1 day ago — For that reason, under some coding systems, a missing value for a date will default to 1875 — which in the year 2025 prod...
Poynter
What is Social Security?
What is Social Security? Designed to pay retired workers age 65 or older a continuing income after retirement. needs-based program...
Social Security Administration (.gov)
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Are 150-year-old Americans receiving Social Security ...
Poynter
1 day ago — The explanation for apparent 150-year-olds receiving checks could relate to arcane coding practices, experts said.
White House budget director Russell Vought ordered wider access to Consumer Financial Protection Bureau materials by staffers working for the so-called Department of Government Efficiency over the weekend before agency chief operating officer Adam Martinez ordered all its employees to stay home for the week, reported Bloomberg News.
MUFTIC FORUM BLOG: Musk's return on investment in Trump has just begun
The 'more sinister' reason behind Musk's attack on consumer protection | Opinion
MUFTIC FORUM BLOG: Wise up, consumers, to the price of eggs and gas at the pump updated 2/3/2025..
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