Vivek Ramaswamy indicates massive government job cuts in US
Washington, Nov 16: Entrepreneur-turned politician Vivek Ramaswamy, who along with Tesla owner Elon Musk has been nominated in-charge of the Department of Government Efficiency, has indicated a massive cut in federal government jobs in the United States.
"Elon Musk and I are in a position to start the mass deportations of millions of unelected federal bureaucrats out of the DC bureaucracy. That, too, is how we're going to save this country," Ramaswamy, an Indian American, said at an event in Mar-a-Lago in Florida on Thursday.
"I don't know if you've got to know Elon yet, but he doesn't bring a chisel. He brings a chainsaw. We are going to be taking it to that bureaucracy. It's going to be a lot of fun,” he said.
“We've been taught to believe over the last four years that we have become a nation in decline, that we're at the end of the ancient Roman Empire. All we have is to fight over the scraps of some shrinking pie. I don't think we have to stay as that nation in decline. I think with what happened last week, we're back to being a nation in our ascent. A nation whose best days are actually still ahead of us,” Ramaswamy said.
"It is going to be morning in America, the start of a new dawn, the start of a country where our kids are going to grow up and we're going to tell them and mean it, that you get ahead in the United States again with your own hard work and commitment and dedication, that you're free to speak your mind at every step of the way, that the best person gets the job regardless of their colour," he said.
Meanwhile, Musk and Ramaswamy announced that they will livestream every week to update the American public on the progress of the works by the Department of Government Efficiency (DOGE).
"Our goal is to shave the size of government and to be as transparent as possible with the public. Weekly 'Dogecasts' will start soon," Ramaswamy said.
“DOGE's job is to create a government of a size and scope that our Founders would be proud of. Elon Musk and I look forward to fulfilling the mandate given to us by President Trump,” he said.
Ramaswamy, however, argued that too much bureaucracy means less innovation and higher costs. "That’s a real problem with the US Food and Drug Administration (FDA), Nuclear Regulatory Commission (NRC), and countless other 3-letter agencies," he said, adding, "They are utterly agnostic to how their daily decisions stifle new inventions and impose costs that deter growth."
"We are assembling the brightest minds in the country. This is the equivalent of a modern Manhattan Project. I think the major problem holding our country back is a federal bureaucracy. Target that cost, save the money, restore self-governance," Ramaswamy said.
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Three company directors held in Rs 100-crore investment fraud in Kochi
Kochi (Kerala) (PTI): Police on Sunday arrested three directors of a firm accused of cheating hundreds of investors of over Rs 100 crore through a fake investment scheme linked to agricultural tourism here, officials said.
The accused were identified as Muraleedharan, Ashik Murali and Akhil Murali, all natives of Thrissur.
The arrests were made by the Kalamassery police in connection with a fraud involving ATCOS (Agri Tourism Cooperative Society), a firm headquartered at Pathadipalam here.
Police said the company had promised high returns by collecting investments from the public in the agricultural tourism sector, but allegedly cheated hundreds of people and fled with the money.
ATCOS was registered under the Multi-State Cooperative Societies Act and operated 13 branches across various districts in Kerala, besides a branch in Coimbatore in Tamil Nadu, officials said.
When investors failed to receive their promised returns or the invested amount, complaints were filed with the police.
Officials said around 54 cases have been registered against the firm in 32 police stations across the state, including 29 cases at the Kalamassery police station alone.
Following instructions from Kochi City Police Commissioner K S Mahesh Kumar, a special investigation team was formed under the supervision of Deputy Commissioner of Police (Law and Order) Shehensha and Thrikkakara ACP Manoj Kumar.
The team traced the accused to an apartment in Amala Nagar in Thrissur, where they had been hiding after secretly renting the flat, officials said.
The bank accounts of the accused have been frozen, and steps have been initiated to trace their assets, officials said.
Police also conducted a raid at the company’s office at Pathadipalam and seized several documents related to the case.
The accused were produced before the Judicial First Class Magistrate Court in Kalamassery, which remanded them to judicial custody and sent them to Kakkanad jail.
Police said they would seek the custody of the accused for further interrogation as the investigation continues.
