Former stockbroker Jordan Belfort, known for his memoir "The Wolf of Wall Street," recently commented on the Department of Government Efficiency's (DOGE) findings of trillions in nearly untraceable government funds. Belfort, speaking on "Jesse Watters Primetime," likened the situation to his own past attempts to conceal spending from his father, stating that leaving spending records blank is a classic tactic for obscuring financial activity. He argued that the sheer scale of untraceable funds, amounting to $4.7 trillion routed through a budget line item with an often-omitted Treasury Access Symbol (TAS), points to intentional obfuscation, not accidental oversight.

Belfort highlighted other DOGE discoveries, such as Social Security payments to deceased individuals and questionable research funding, as further evidence of widespread waste. He specifically cited a million-dollar study on the effects of cocaine on the sexual conditioning of Japanese quail as an example of frivolous spending. He lauded Elon Musk and DOGE for bringing these issues to light, describing the level of potential fraud, waste, and abuse as "biblical proportions" and suggesting that without such efforts, the country could face financial ruin. Belfort expressed hope that the findings would lead to accountability and consequences for those responsible.

He compared the situation to past corruption scandals in Argentina, but emphasized that the scale of potential wrongdoing in the United States is significantly larger. Belfort asserted that if no one faces consequences for this level of financial mismanagement, it would represent a profound loss of faith in the system. He stressed the importance of following the money trail to uncover the full extent of the waste and fraud.

Elon Musk speaks at the White House. (AP Images)

Elon Musk listens during a meeting at the White House. (AP/Alex Brandon)