Executive Summary
Federal prosecutors describe Minnesota's entitlement fraud as 'industrial scale' with $9 billion stolen over seven years—half the state's total entitlement spending. Nick Shirley's viral investigation exposed daycare centers collecting millions while displaying 'leering' instead of 'learning' on their signs, with windows blacked out and no children present. The fraud operates as political patronage: Somali community receives government funds, organizes bloc voting, and politicians turn blind eye...
Key Investment Opportunity
AI Infrastructure Consolidation
Nvidia's licensing deal with Groq validates the pre-fill/decode architecture thesis and demonstrates how legitimate partnerships scale technology infrastructure efficiently
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