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Steve’s Marketplace: On Pam Bondi

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By Steve Nicklas, 2-18-25

Pam Bondi is loved in the free state of Florida. However, she is loathed in the deep state of America.

As Florida attorney general, Bondi was revered for her no-nonsense, no-holds-barred legal approach. She now holds the same position on the federal level in the new Trump administration.

She is an integral component of Trump’s cabinet, tasked with rooting out corrupt bureaucrats and serving up justice. So that each reprehensible offender pays a hefty price for wrongdoing, with no slaps on the wrist. Only handcuffs.

Trump nominated Bondi for her impeccable credentials and ethics. Trump has assigned her to prosecute what he calls rampant “waste, fraud and abuse” running through the federal government like the Potomac River. The blatant misappropriation of taxpayer money is egregious, even sickening. (How about $2 million for sex-change surgeries in Guatemala?).

In seeking her new position, Bondi boldly promised to investigate the conflicted investigators of the Biden administration. Her nomination hearings were contentious, not tame.

She sparred like a courtroom brawler with censured Adam Schiff, now a U.S. senator. She doesn’t back down; she doesn’t waver. She is the deep state’s worst nightmare.

Meanwhile, the Department Of Government Efficiency (DOGE) is finding fraud and improprieties like catching fish in a barrel. Not even the “My Pillow” guy could alleviate the sleepless nights ahead.

In a recent development, the acting head of the Social Security Administration resigned over a dispute with Elon Musk, the head of DOGE. Resignations – and subsequent prosecutions – will become as common as road rage. As the DOGE audits roll on.

Musk has assembled a crack team of computer whiz kids who rifle through financial data with precision, speed and dexterity. The audits have exposed fraud and/or misspending in every department, with a dirty laundry list remaining.

Don’t say this at home, kids, but one of Musk’s best fiscal disciples goes by the moniker “Big Balls.” Even Musk has gotten into the taunting, changing his “X” platform name to “Harry Balls.” While liberal heads explode.

The thefts and misappropriations are mind-boggling. DOGE reports it has saved taxpayers $50 billion in spending already, cancelling contracts and leases, axing administrative expenses, and highlighting abuses. And it has only just begun.

Before leaving office, Environmental Protection Agency officials were figuratively “dropping gold bars” worth $20 billion into the NGO abyss. The money can reportedly be linked to former vice president Kamala Harris, along with Biden and Obama officials. Meanwhile, only one party is protesting DOGE’s cost-cutting acts, like hitting a nerve with a sledgehammer.

One enterprising congressman working alongside DOGE says every dollar will be tracked. Every fingerprint will be recorded. And every culprit will be prosecuted. Maybe this can explain how bureaucrats come to Washington, D.C. making $30,000 and leave with a $3 million net worth.

The reckoning and dismantling of the deep state have begun. Conservative pundits call this a historical event, the likes of the American Revolution. And former House speaker Newt Gingrich calls Trump “the most consequential president since Abe Lincoln.”

This is big-league stuff, history buffs. And Bondi is chosen to oversee and coordinate and administer it. Most people are already tired of nauseating amounts of taxpayer money being wasted; now get tired of seeing corrupt bureaucrats taken away to jail.

It’s a bureaucratic bloodletting. With the fallout of Chernobyl. 


Steve Nicklas is a decorated financial advisor and an award-winning columnist. He has written columns for the New York Times newspaper group as well as for Community Newspapers Inc. He has also done financial reports on radio stations around Jacksonville including National Public Radio. He has been an adjunct instructor at University of North Florida, and has taught financial classes at Florida State College in Yulee. He can be reached at 904-753-0236 or at [email protected].

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