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The National Assembly quietly abandoned several high-profile probes into suspected financial irregularities, dimming prospects of recovering at least Sh115 billion in potentially lost public funds. Investigations MPs Abandoned Include: - Sh21 billion in fictitious claims at the Social Health Authority (SHA, formerly NHIF). - Sh15 billion in doubtful VAT...

16,522 views • 7 months ago •via X (Twitter)

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The NZ$2B BlackRock renewable energy fund: A failed promise for NZ’s green future? From 2023 to 2025, millions of taxpayer dollars have been lost & the promised jobs have failed to materialise. In Aug 2023, the Ardern's Labour party (led at the time by PM Hipkins) partnered with BlackRock to launch a $2 billion climate fund, aiming for 100% renewable electricity by 2030 via solar, wind, green hydrogen, & battery storage. Hailed as a world-first, it promised jobs and innovation. The fund drew on taxpayer money via NZ Green Investment Finance (NZGIF), a Crown entity funded by public resources incl: ACC, KiwiSaver, & the NZ Super Fund. By using NZGIF, the government exposed taxpayers to risks of financial loss if investments failed-& they did. The first investment was SolarZero- a high-risk company with potential. (With better due diligence, this investment would not have gone forward.) The company was first acquired by BlackRock in Nov 2022 for approximately $110M. However, BlackRock later injected a further $147.8M into the business, bringing total capital involved to roughly $257.8M. Of this, NZGIF provided a $145M debt facility, & BlackRock contributed $112.8M. SolarZero aimed to scale solar energy in NZ with a pay-over-time model. But on Nov 26, 2024, BlackRock placed it into liquidation after it missed sales targets. Of the $145M facility, only $115M had been drawn down by the time of collapse. The full $257.8M was not "lost" as a single sum; the total recovery outcome remains uncertain. The collapse left around 160 staff jobless, with $4-5M in unpaid obligations. The loss of at least $115M of taxpayer money — representing roughly 5.75% of the $2B fund ,this was a huge blow to its credibility, leaving taxpayers with little hope of full recovery. Despite SolarZero’s failure, BlackRock charges fees reported at 1.5% annually on invested capital. While the total $50.57M fee figure is (not verified in public records), it is confirmed that BlackRock charged $4.35M on NZGIF’s $145M commitment, taxpayer money for a failed project. The fund now “seems to have gone nowhere,” with no new major projects announced and roughly $1.69 billion idle. BlackRock’s Auckland office, opened in July 2023 with around 10 staff, has delivered nothing new, appearing only to manage the fallout while fees continue. MBIE, overseeing NZ’s energy strategy, has offered no public updates. The lack of transparency raises questions about the government’s choice to partner with BlackRock, potentially delaying NZ’s 100% renewable goal. The financial losses, fees charged on taxpayer money, & lack of outcomes have led to perceptions of a “renewable investment scam,” eroding trust in BlackRock and the government. January 2026: BlackRock abandoned the $2 billion NZ Climate Infrastructure Fund. The fund is now dead. With $1.69 billion left, there was potential to salvage the fund, but this remains a sad tale of risks with global asset managers & taxpayer funds. Claims have also emerged during this time-including allegations of government officials receiving kickbacks from the deal, with a Ardern being named. No evidence has been provided to support these claims. NZGIF has advanced $314,000 in taxpayer money to fund legal investigations into whether SolarZero hid money from creditors by shifting assets into separate trusts before collapsing. NZGIF's chance of recovery in drawn-down funds hinges entirely on whether the court agrees those payments were improper. If the liquidators win, some money may be clawed back. If not, money is likely gone for good.. 2026 BlackRock has abandoned NZ Climate Infrastructure Fund. The fund is now dead.

Neil Edwards

11,512 views • 3 months ago

Nebius will be a trillion dollar company (Save this). The neocloud market, purpose-built AI cloud infrastructure, separate from legacy hyperscalers generated roughly $25 billion in revenue in 2025, up 223% year over year. Synergy Research projects it will approach $400 billion by 2031, compounding at 58% annually one of the fastest sustained growth rates ever recorded for an infrastructure category of this scale. The CEO's explanation for why they win is worth understanding in detail. GPU compute is scarce and that part everyone knows but Nebius is not simply renting GPUs by the hour and marking them up, which is what most neocloud imitators do. They have built their own physical capacity for inference, optimized the full technology stack from the software layer all the way down to the rack hardware and recently acquired a company called Agen specifically to push inference latency even lower and throughput even higher. The CEO frames the core problem directly that in 2026, every product you build is powered by tokens, AI intelligence and while you can get those tokens from OpenAI or Anthropic via a simple API call, the moment you want to run open source models, specialized vertical models, or anything other than the two dominant frontier labs, you run into a wall. You can download the weights from Hugging Face and assemble the pieces. But getting those workloads to run at scale, at the economics you need, with the reliability your product requires, is an extraordinarily complex engineering challenge that most companies cannot staff or afford to solve in-house. That is the problem Nebius is solving, and that is why their inference product called Token Factory exists. The financial results are among the most dramatic growth numbers reported by any public company this year. In Q1 2026, Nebius posted $399 million in revenue, a 684% increase from the same quarter a year earlier. In the span of twelve months, the company swung from a $104 million net loss to $621 million in net income. Cash from operations went from negative $184 million to positive $2.26 billion in the same period meaning this is not growth funded by burning investor capital, it is growth that is now generating its own fuel. For the full year 2026, Nebius is guiding for an annualized revenue run rate of $7 billion to $9 billion, with pipeline creation tracking to surpass $4 billion. The contracted backlog sits at $49 billion, anchored by a $27 billion agreement with Meta, a deal worth up to $19.4 billion with Microsoft, and a public endorsement from Jensen Huang at NVIDIA's GTC conference in 2026. The current market cap is approximately $56 billion. A company with $7 to $9 billion in annualized revenue, growing at 684%, turning cash-flow positive, sitting on $49 billion in contracted backlog, operating in a market compounding at 58% annually toward $400 billion, that company has a credible path to 20x from its current valuation if execution holds. That is the trillion dollar case, and it does not require any heroic assumptions and it requires Nebius to keep doing what it is already demonstrably doing. Milk Road Pro called this one early. Our analysts added Nebius to the portfolio when it was still flying under the radar, and we are sitting on a massive gain on that position right now. If you want to see what else we are building conviction on before the rest of the market catches up, come join us at Milk Road Pro using the link below!

Milk Road AI

28,622 views • 2 months ago

Elon Musk just told lenders he's paying back $17.5 BILLION in debt across X and xAI. Including $3 billion in high-yield bonds being redeemed early at 117 cents on the dollar. NOBODY knows where the money is coming from. And nobody seems to care. Let me explain why you should: Morgan Stanley has been calling existing lenders and telling them everything gets repaid in full. The X debt from the Twitter buyout. The xAI bonds from June. All of it. The bonds were structured to stay outstanding for at least 2 years. They're being called back less than a year later at a 17% premium. Bondholders are thrilled. Of course they are. They're getting paid above par on junk paper. But here's the part that should make you uncomfortable: xAI lost $1.46 billion in a single quarter last year. Burned through $7.8 billion in cash in the first 9 months of 2025. Revenue for the September quarter was $107 million. That's a company hemorrhaging roughly $1 billion a month. On a standalone basis, xAI exited 2025 at about a $500 million annualized revenue run rate. Even with optimistic projections, they might hit $2 billion in 2026. So where does $17.5 billion come from? xAI raised $20 billion in a Series E round in January. That's the most likely answer. Take the money investors gave you to build AI infrastructure and use a huge chunk of it to retire debt. But that's NOT a sign of strength. That's financial engineering. You raise $20 billion from investors who think they're funding the next frontier of artificial intelligence, then you turn around and use most of it to clean up the balance sheet before an IPO. Because that's what this is really about. SpaceX is targeting a confidential SEC filing as early as this month. IPO could come in June. Valuation targets exceed $1.75 trillion. The combined SpaceX-xAI entity currently carries about $18 billion in obligations. You can't take a $1.25 trillion company public with $18 billion in legacy debt from a money-losing AI startup and a social media platform that was acquired with leveraged buyout financing. So you nuke the debt. Clean the balance sheet. Present a simpler story to IPO investors. Smart? Absolutely. But let's be honest about what it actually is. SpaceX proper generated about $15 billion in revenue and $8 billion in profit in 2025. xAI generated roughly $250 million in six months and lost $2.5 billion doing it. At a $1.5 trillion IPO valuation, you're looking at roughly 94x trailing sales and 500x trailing earnings for the combined business. Those are not rational multiples. Those are lottery ticket multiples with better branding. And the $17.5 billion debt payoff doesn't change the underlying economics. It only changes the optics. xAI is still burning close to $1 billion a month. Grok still has a fraction of ChatGPT's market share. The revenue doesn't come close to justifying the infrastructure spend. What this reminds me of is the classic pre-IPO playbook taken to an extreme: Use private capital to dress up the financials, time the listing for maximum enthusiasm, and let public market investors hold the bag if execution falls short. The companies that need to clean house before going public are rarely the ones that reward you for buying on day one. My positioning hasn't changed. The AI infrastructure spending boom is real. But the returns aren't materializing for the companies actually deploying the technology. That gap between spending and results is where fortunes get destroyed. Stay skeptical. Stay disciplined. And remember: If the source of $17.5 billion in repayment capital is a mystery, it's a WARNING.

George Noble

471,809 views • 5 months ago

This is Waterfalls, a medium-density suburb in Harare, with big houses on large stands. In colonial times, it was mainly a white suburb. In London terms, you could compare it to somewhere like Croydon, and in Johannesburg to a place like Norwood. Now look at the road in this video. Here is the joke. The Minister of Transport, the man responsible for this disaster, was recently declared Minister of the Year in Zimbabwe. In other words, he was judged the best minister in the entire cabinet under Emmerson Mnangagwa. Just imagine how catastrophically useless the rest of them must be to be beaten by someone presiding over this level of decay. When we talk about incompetence, corruption, and the looting of public funds, some people think we are just politicking. This is what we are talking about. This is supposed to be a relatively affluent suburb. Yet motorists are forced to abandon what is meant to be the road just to get where they are going. Sometimes they have to drive on the wrong side because it is slightly less destroyed, and then they get fined for it. This is not an accident. This is what happens when a country is run by an incompetent, corrupt, and ruthless mafia. This is today’s Zimbabwe. Perhaps it is important for me to share a bit of history. When Zimbabwe became independent in 1980, roads were controlled, repaired, and maintained by local authorities, the city councils. When the ZANUPF government realised how much money was coming from motorists, they took over control of the roads and of the taxes that are supposed to ensure that roads are properly maintained. These include vehicle licence fees, tollgate fees on highways, carbon tax, and taxes from fuel. Every dollar spent at the fuel pump includes a portion that is supposed to go to road maintenance. This is a revenue stream close to a billion dollars every year. There is no shortage of money. Zimbabweans pay four different taxes just to own and use a car. The problem is that this money is looted. This is the money that should be fixing these roads. Instead, it is being stolen. They do not just steal the road tax money. They also steal from motorists again when people are forced to repair damage caused by this dilapidated road infrastructure, and then they congratulate the minister responsible with an award for it.

Hopewell Chin’ono

93,359 views • 7 months ago

Greg Brockman, President of OpenAI, said there is not enough compute in the world to satisfy AI demand, and OpenAI itself cannot launch products it has already built because it cannot find the infrastructure to run them (Save this). OpenAI is spending $50 billion on compute in 2026 alone and it still is not enough. That is the setup but here is the trade. Nebius is one of the most asymmetric infrastructure plays in public markets right now, and most people have never heard of it. Q1 2026 revenue came in at $399 million, up 684% year over year, with AI cloud revenue specifically growing 841% in a single quarter. The company entered 2026 with an exit ARR of $1.25 billion and is targeting $7 to $9 billion by year end, a number that would make it one of the fastest revenue ramps in the history of public infrastructure companies. The contracted backlog sits at $50 billion anchored by a $17.4 billion agreement with Microsoft through 2031 and a $27 billion five-year deal with Meta. They are decade-scale infrastructure commitments from the two largest enterprise AI spenders on earth, signed before the demand curve has even reached its steepest point. Nvidia took a direct equity stake in Nebius, one of only two neoclouds it has invested in alongside CoreWeave. That relationship is not just financial but rather means Nebius gets preferential access to GPU allocation at a moment when every lab and every hyperscaler is competing for the same constrained supply. Contracted power capacity now exceeds 3.5 gigawatts, with expansion plans targeting 5 to 6 GW by mid-2029. And power is the other binding constraint in AI infrastructure, you cannot build a data center without it and Nebius has already secured the capacity that competitors are still fighting to acquire. At full ramp, analysts project revenue in the $15 to $25 billion range by 2029, against a current market cap the contracted backlog alone already dwarfs. Come join Milk Road Pro and get our full Nebius deep-dive, the exact price levels we are watching, how we are sizing the position against the backlog and power capacity timeline, and our full AI thesis. link below!

Milk Road AI

14,578 views • 1 month ago

Senegal Debts and Kenyan lessons. Senegal is currently in turbulence in debt management. Upon assuming office, the current government led by President Diomaye Faye and PM Ousmane Sonko realised that the previous government led by President Macky Sall had borrowed around $13Bn in Secret loans "Off the Book". Meaning the amount was not included in the mainstream Debt book. We must as a country avoid falling in that kind of an abyss. The National debt in Kenya is now over Ksh 12.5 Trillion. This is the loan book. We are borrowing Ksh 3.5Bn to Ksh4Bn every day. I mean Net borrowing. What is borrowed to pay previous loans not included. Unfortunately, on top of this and besides the mainstream borrowing, the Government is also for the 1st time borrowing off the Book without transparency. 1. Securitisation - The government has already borrowed Ksh 175Bn by offering as security fuel levy that is to be collected for the next 7 years. The process is underway for another over 100Bn on the same. 2. Talanta Bond - GoK borrowed through a bond Kah 44.5Bn, offering as security money that is to be collected by Sports Fund for the next 15 years. The interest alone for the Ksh 44.5 Bn loan will be 100Bn after that period. 3. Tourism Fund. The fund is effectively also on the same line and path. 4. Plans are underway to take around Ksh 400Bn loan by offering Housing Levy that is to be collected in the next many years as security. Basically collecting Housing Levy in advance. 5. The National Treasury is also in the process of forming an "Infrastructure Fund" which will is also a vehicle of borrowing more off the book. This is how it is working - Create a fund, then institute levies, then use the history of the Levy collected to borrow secretly off the book. This while is illegal also contrains the future flexibility of the country's fiscals or funds. All these Funds and institutions are fully owned by GoK. You cannot therefore treat loans taken by any of the government institution differently, especially non commercial institutions. If the institutions are unable to pay, GoK will pay. That's why w e must not do these kinds of implementation. It is important that Kenyans know this. Ramifications will definitely come. I hope sanity reigns and we avert a catastrophe by acting differently. We are African and Africa is our Business..

Ndindi Nyoro

132,211 views • 9 months ago

‼️‼️🇩🇪🇷🇺 Germany has officially notified NATO of a record-breaking surge in its national defense commitments, detailing a historic allocation of €124.7 billion for 2026. This monumental figure represents a staggering 25.5% expansion compared to the previous year, when expenditures stood at approximately €99.3 billion. The absolute increase of €25.4 billion marks the largest single-year jump in military spending in the history of the Federal Republic, positioning Berlin as the second-largest financial contributor to defense within the alliance, trailing only the United States. According to official NATO projections released ahead of the leaders' summit in Ankara, Germany’s defense expenditures will reach 2.69% of its gross domestic product (GDP), a sharp rise from the 2.22% recorded in 2025. This rapid scaling is part of a broader trajectory to meet NATO's revised core defense guidelines well ahead of schedule. To aggressively finance this historic remilitarization and modernize its armed forces, the German government is implementing an expansive long-term borrowing strategy, planning to issue more than €800 billion in debt by 2030. As part of this fiscal push, Berlin will unleash a massive wave of state bonds worth over €200 billion in 2027 alone—a 12.5% increase in borrowing compared to current-year levels. These mobilized funds are earmarked to consistently reinforce the core defense budget, which is projected to climb to an unprecedented €183.6 billion annually by 2030 to ensure the Bundeswehr is fully equipped to act as a formidable deterrent in Europe. See the latest updates with us: Visioner

Visioner

54,004 views • 1 month ago

Motu proprio inquiry: National Grid Corporation of the Philippines The 40% ownership of the State Grid of China in NGCP is one of the many things we should blame on former President Gloria Macapagal Arroyo. And in the middle of the tension in the West Philippine Sea, the former President Duterte downplayed the possibility of the security implication of this in 2020. During the time of Former President Duterte, the Senate investigated the security implications of the ownership. Senator argued that if China can promise 9 billion dollars in loans and just 924 million, what is the assurance of President Duterte that China will honor its words regarding our power? Also, who in their right mind would give that much stake to vital and essential needs such as electricity to a country with a very obvious conflict of interest? Apparently the only two China-friendly Presidents (at least of recent history), Rodgrigo Duterte and Sara Duterte’s confidant Gloria Macapagal Arroyo. In 2023, NGCP admitted that Php 15 billion out of their Php 20.3 billion net income went to dividends, distributed to the investors. This is despite the long list of delayed vital projects which we are being charged monthly —- a clear injustice as these projects are not done yet. Days before Christmas, the House of Representatives conducted a hearing regarding the franchise of NGCP. Through that, the solons were baffled by the number of obvious franchise violations including failure to open 20% of its shares to the public. Deputy Speaker Jayjay Suarez moved to conduct a Motu proprio inquiry regarding the franchise of National Grid Corporation of the Philippines. And knowing how important power/ electricity is to us consumers, the businesses, our economy… I support this. May the good legislative work of the House do us great with this motu proprio. We should amplify this.

Just

20,440 views • 1 year ago

The quintessential question every Kenyan must grapple with today is: What is the purpose of government in Kenya? Let's take a look at Baringo County as we try to answer that question. Baringo County has a poverty rate of 47%. This is despite the fact that it has received KSH 60.3 billion since devolution. This county can only raise 3% of its budget, or KSH 250 million. 11 years into devolution. Its 45 MCAs in 2024-2025 consumed 10% of the entire budget on themselves. 10% of the entire budget. This county, after raising KSH 250 million locally: Spends 55% of all revenue on salaries for the 1% of people in government. The legal limit is 35%! That gimmick alone - 55% vs 35% - robs citizens KSH 1.5 billion in 2024-2025 alone. In the last three years, citizens have lost KSH 3.3 billion that way. Now, watch the attached video of a healthcare facility - collapsing because of corruption, incompetence, and indifference. This KSH 3.3 billion went to 1% of those in government. And, it does not include the money lost to corruption in the shameful facility under discussion. After raising KSH 250 million locally, or 3% of its budget, the county drops KSH 381 million on travel. Travelling in style. Where to? "Benchmarking exercise" in Tanzania. "Smart (more appropriately, "dumb") governance" in Dubai. "Empowering excellence" in Dubai. "Digital conference" in Rwanda. "Retirement planning" in Tanzania. "Leadership and integrity" in Tanzania. I mean - you gotta hand it to them. They are trolls per excellence. Leadership and integrity? The point is - this county that started by taking 55% of all revenue on salaries, drops KSH 381 million travelling, for absolute nonsense. ZERO VALUE FOR CITIZENS. The governor is taking home a basic income that is a whopping 75 times the income earned by the average citizen. The MCA? 15 times. All this information can be found on the last attachment. This county, in 2024-2025, spent KSH 0 on bursaries - in a county where one in two people cannot afford two meals in a day. It total, it spent only KSH 170 million on education in the county, which was about 1.9% of the budget. For all the children in the county. 55% on salaries, 1.9% on education. After all that wastage and greed - believe it or not, the county has a lengthy list of stalled projects. Look at the the third attachment here. Many of the stalled projects list: "Inadequate funding" has the reason that the project failed. The stalled projects include healthcare facilities and schools. Let that sink in. Our laws tell county governments - do not spend more than 35% of revenue on salaries for yourselves - because you are not the purpose for devolution. You are not the purpose for the existence of government. But - that doesn't mean anything. They spend 55% on salaries - on a tiny fraction of the county - less than 1% of the county population. In three years alone, this theft through illegal spending on salaries amounts to KSH 3.3 billion! They then take KSH 381 million for travel. The County Governor's office, is allocated KSH 3.9 billion, out of a county budget of about KSH 9 billion. Crazy, right? The Governor's office's budget is larger than: The county assembly; Roads department; Health services department Agriculture department; and Water and irrigation. COMBINED! The question I said we need to grapple with is: What is the purpose of government in Kenya? Devolution as currently set up will not work, without significant reform. What you see above is not government. It is not devolution. It is extraction. Pure and simple. We as Kenyans need to love our country better. And when you love anything, you want the best version of it. We cannot spend 70% of every single shilling in our name on 3% of Kenyans, and act like we are a country with a government. Our country owes KSH 12 trillion, for which the future of this country is in serious jeopardy. A country where about 50% of all citizens are youth - is spending over 80% of all revenue on debt service, perpetuating this type on insanity. And when Kenyans ask questions, they are called merchants of anarchy. Their patriotism is questioned. They are told they are not educated. Change Must Come. Baringo County Govt. Abdi Nasambu

Bonnie Mwangi, CPA, LLM, MBA

10,019 views • 4 months ago

When you listen to people like Sakaja Arthur Johnson - you begin to understand the depth of our problem as a country. Listen to him try to articulate why he is unable to build drainage systems. He says - he lacks the capital. And this right here is just about the dumbest thing anyone can say - when you know the facts. I urge you to read my analysis of the absolute chaos and mayhem that is Nairobi County Finances. That analysis is below. But let me point out just a few examples of the sheer stupidity that is devouring Nairobi County. In 2023-2024, Sakaja Arthur Johnson had KSH 33 billion in revenue to serve 4.6 million people who call Nairobi home. Provide healthcare. Transportation systems. Social services. Sanitation and drainage services. How did he spend this money? (1) He spent 56% of this revenue on salaries - against the law, which caps such spending at 35%. That was KSH 18 billion. By so doing - he stole KSH 6.7 billion in money that should have gone to build drainage systems. This is not rocket science, Sakaja Arthur Johnson So citizens lose KSH 6.7 billion in one fell swoop. This KSH 18 billion went to 16,000 people who are 0.3% of Nairobi's population. That leaves KSH 15 billion. Right? He then dropped KSH 1.2 billion travelling to any foreign capital or exotic place that had any event where incompetent county politicians and their lackies could burn money. Such as: A trip to Marakech Morocco study "proactive management" at the cost of KSH 37 million. For two weeks, 19 people stayed in a resort destination in Morocco studying non-sense. A trip to Vancouver, British Columbia to study "Conflict Resolution" at the cost of KSH 10.9 million. 14 People! A trip to Dubai, to study "personal branding". Cost? KSH 9 million. And on, and on, and on. KSH 1.2 billion gets wasted that way. 100% wasteful. Look at the third attachment here. It tells you that Nairobi County spent KSH 6.3 billion on legal fees to 4 lawyers (am working to bring you details of who these lawyers are). I think we all know by now that math is not one of your strengths - so let's help you a bit. KSH 6.3 billion, Sakaja Arthur Johnson - is 20% of the County Budget. And it went to 4 lawyers. That is despite the fact that Nairobi County had a team of lawyers who cost citizens KSH 267 million in 2023-2024! And worse - read the Auditor General's comment: It was related to cases of corruption, incompetence in managing contracts, and other shenanigans like those. Point is - it was avoidable. 100% avoidable. What could KSH 6.3 billion worth of infrastructure look like in Nairobi? You lose KSH 6.7 billion in a salary heist to 0.3% of those in government. Lose another KSH 1.2 billion on foolish travel. And lose another KSH 6.3 billion to 4 lawyers. That, Sakaja Arthur Johnson is KSH 14 billion. KSH 14 billion. In just three easy examples of wastage. I have not even said a damn thing about the thousands of ghost workers on payroll in Nairobi. And there are thousands. Not me saying. Look on the fourth attachment. Fellow Kenyans, Allow me to quote one of our compatriots (Finiius): "We are a house where the parents sell the roof, to buy a suitcase, for a trip to ask the neighbors for a blanket" The people with the resources are wasting them right in front of our eyes - and then, they tell us that we are living in squalor because we lack resources. These people are incompetent, as hell. There is a clip of this same character somewhere telling kids that he is waiting on Ruto to buy these kids a "chapati making machine" - whatever that is. That is when those kids will eat. Meanwhile, he just gave KSH 6.3 billion of taxpayer money to four of his buddies. It's insane. Fellas - they say that stupidity is like death. When you are dead - you are not sad. Because you don't know that you are dead. But your loved ones feel the impact of your death. Same is true of stupidity. These guys in office apparently have no idea that they are stupid and incompetent. Don't you see? How else can anyone open their mouth and say with a straight face that they lack the resources to serve Kenyans, when they are losing money like drunks in a casino every which way? Lord have mercy! Senate of Kenya National Assembly KE Edwin Sifuna Dr. Miguna Miguna EACC Nasambu My Analysis of Nairobi County is available below: Bonnie Mwangi, CPA, LLM, MBA on X: "If you have 32 minutes, I will show you how Nairobi County loses 32,949,346,981. Yes, that's not a typo. KSH 32 billion. Let me walk you through a trip to hell. Data from 2023-2024. The county had KSH 33 billion to spend. To serve 4.6 million residents. The county / X

Bonnie Mwangi, CPA, LLM, MBA

22,183 views • 5 months ago

Elon Musk: Without AI and robotics, the U.S. is totally screwed. Interest on the national debt is now higher than the military budget — over $1 trillion a year. Nothing else can solve the national debt. Without AI and robots, we will go bankrupt as a country. The interest payments on U.S. debt exceed a trillion dollars. That’s more than the entire military budget. I realized if we don’t slow this down, the country fails — unless AI and robotics buy us enough time to fix it. People think you can just ‘cut waste and fraud.’ What I discovered is it’s insanely hard — even when the waste is obvious. Like 20 million people marked alive in Social Security who are over 115 years old. If someone is 115 and alive in the database, something is wrong. The GAO estimated fraud during the Biden administration at roughly $500 billion. And when the government runs out of money? They don’t stop — they just print more. Imagine the DMV, but worse — because this DMV can print money. That’s the federal government. A massive, uncaring bureaucracy running on inaccurate computers that just keep sending payments. One simple fix could save $100–200 billion a year: require every Treasury payment to include an appropriation code and any explanation. Sounds obvious — but payments were going out with no code, no link to Congress, no comment. Papers were literally being sent out from the main Treasury system with no appropriation, no accountability, and no explanation. This isn’t politics — it’s basic math.

Ian Miles Cheong

14,596 views • 6 months ago