The Biden Administration Enabled the Fraudsters

President Joe Biden greets Gov. Tim Walz, elected officials and base leadership, Monday, April 3, 2023, at Minneapolis-Saint Paul Joint Air Reserve Station in Minnesota. (Official White House Photo by Cameron Smith)

You may have seen, between bites of Christmas ham, that investigative journalist Nick Shirley has uncovered what appears to be massive fraud perpetrated by fake daycare centers in Minnesota. These daycare centers are funded by tax dollars, but appear not to be doing any real work.

If fake daycare centers in Minnesota were the only instance of people fraudulently scamming taxpayer dollars, it would be news, but not a crisis. The problem is that these daycares are the tip of an iceberg of fraud and mismanagement of taxpayer funds that can only happen when the government has grown to the bloated proportions it has today.

When the goal of politicians like those in the Biden administration is to simply redistribute your taxpayer dollars, fraudsters are more than happy to help. The NY Post’s editors explain the Biden administration’s failures, writing:

Minnesota wasn’t the only place where scammers swiped billions from taxpayers: Turns out the Biden Department of Housing and Urban Development rushed $5 billion in rental assistance to “ineligible” tenants, including dead ones, and others with “non-conforming Social Security numbers.”

The more government shells out, the more that gets ripped off.

A new audit report from HUD’s inspector general notes, practically as an aside, that more than 200,000 tenants with “eligibility issues” were granted $4.3 billion in “questionable payments” through non-federal housing providers.

These payments added up to more than one quarter of the $16 billion committed to rental assistance to non-federal parties.

Team Biden “placed substantial trust and responsibility” in these providers, but “did not provide HUD with effective tools, technology, or access to the evidence necessary to verify” that the payments were correct.

Action Line: The best way to reduce government fraud is to reduce the size of government, and that applies to federal as well as state governments. If you are living in a state where the government plan is to redistribute your wealth to anyone and everyone, it may be time to look for a better America. You can start your search with Your Survival Guy’s 2025 Super States, and click here to subscribe to my free monthly Survive & Thrive letter, and be among the first to see my 2026 Super States.

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E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.