This picture says it all…
President Joe Biden welcomed President-elect Donald Trump to the Oval Office.
Once again, America has proven why it’s the greatest democracy in the world.
The 2024 presidential election is behind us, and the transfer of power is happening peacefully, just as it has for over two centuries.
No chaos, no drama — just democracy working as it should.
This is what makes our country unique. Leaders on both sides of the aisle show respect for the process and prioritize the people’s will.
The outgoing administration is cooperating with the incoming one, ensuring a smooth transition that keeps America moving forward.
It’s a powerful reminder of what makes our system so unique.
No matter how tough the campaigns were or how heated the debates got, the peaceful transfer of power shows the strength of our Constitution and the character of our people.
As we look ahead, let’s not take this for granted. It’s a testament to the enduring power of democracy — and a reminder of what makes America exceptional.
Now is the time to unite and look forward. For investors, the stock market is about to enter a pro-business boom.
DOGE Aims to Unleash America’s Economic Potential
Elon Musk and Vivek Ramaswamy have a plan to reduce U.S. government spending by eliminating “waste,” potentially saving over $2 trillion.
These two business titans, handpicked by President-elect Trump, are bringing an entrepreneur’s mindset to streamline government operations.
The Department of Government Efficiency (DOGE) is a novel idea created to keep the U.S. government responsible for wasteful spending and help make better use of taxpayer money.
The mission is clear: slash waste, shrink the federal workforce and roll back unnecessary regulations.
Here are just a few examples of government waste…
- In 2022, the State Department awarded $20,600 to a center in Ecuador for 12 drag theater performances and a short documentary.
- In 2021, the NIH granted $549,000 to a Russian lab for experiments on cats, including brain removal to test their ability to walk on treadmills.
- In 2023, the federal government wasted billions due to errors and fraud. It sent $1.3 billion in checks to deceased individuals and $171 million to prisoners. Medicaid and Medicare paid $101 billion improperly, mainly from fraud, while tax cheats cost the IRS $546 million.
Here’s a long list of wasteful spending compiled by Congressman Bill Posey (R-FL). It’s enough to make your stomach turn.
While many Americans are having trouble putting food on their table, this is where our tax dollars are going. DOGE will eliminate this kind of wasteful spending.
These aren’t just lofty promises — they’re backed by Supreme Court rulings like West Virginia v. EPA and Loper Bright v. Raimondo, which allow for the removal of rules that overstep Congress’s authority.
Musk and Ramaswamy are determined to implement these rulings and reduce the bureaucracy that has strangled businesses for decades.
On November 20, 2024, Musk and Ramaswamy wrote an opinion column in the Wall Street Journal: “The DOGE Plan to Reform Government.”
They wrote that the federal government’s procurement system is broken, with many contracts “unexamined for years.” Large-scale audits during a temporary payment pause could save money. The Pentagon has failed its seventh audit, revealing poor oversight of its $800 billion budget.
What does this mean for the economy?
Imagine thousands of outdated regulations gone. Businesses will no longer face unnecessary hurdles, giving them the freedom to grow and innovate.
This environment will help companies thrive, driving growth for investors like us.
But DOGE’s ambitions go beyond regulations.
The initiative aims to save taxpayer dollars and make the government more accountable by trimming down the federal workforce and relocating agencies out of Washington.
The goal isn’t just efficiency — it’s about restoring trust and reducing the burden on businesses and individuals.
As Musk said, “We’re not here to cut ribbons; we’re here to cut costs.”
Investors take note: A leaner, more efficient government can unleash economic potential, opening doors for new industries and opportunities.
This isn’t just a plan — it’s a blueprint for unlocking America’s full potential.
With DOGE set to deliver results by 2026, this initiative could create a ripple effect across markets.
Keep your eyes on businesses poised to benefit from this pro-growth, pro-business environment.
Opportunities like this don’t come around every day. And we’re going to be ready to take advantage of this.
I’d like to wish each of you — and your loved ones — a Happy Thanksgiving.
May God bless each and every one of you, and God bless America.
Regards,
Charles Mizrahi
Founder, Alpha Investor
