Summary
Rep. Alexandria Ocasio-Cortez called Elon Musk “one of the most unintelligent billionaires” she has ever met.
She criticized DOGE for placing unqualified 19-year-olds in Treasury positions and failing to do “their homework.”
Musk’s team has accessed the Treasury’s $6 trillion payment system, raising security concerns. Ocasio-Cortez warned of his “lack of intelligence and expertise,” calling him “morally vacant.”
DOGE has also shut down USAID and moved it under the State Department.
In my job I’ve dealt with a number of multi-millionaires and I’m usually struck by just how dumb and incompetent they are.
The economy does not reward hard work or intelligence, it rewards hubris and megalomania.
Those qualities occasionally help people break through to wealth, but mostly the economy rewards already being rich. Having rich parents is how you become rich.