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@StevenLegacy411 - 𝕊𝕥𝕖𝕧𝕖𝕟 𝕄. 𝕃𝕖𝕘𝕒𝕔𝕪 🇺🇸
@elonmusk Thank God We now Have DOGE to Help Dig us out of the Hole Big Government has Created.. Less than 2 weeks & Already Saved US Tax Payers over 1 Billion by Cutting out Useless DEI Programs! https://t.co/xuuRtqcXZP
@elonmusk - Elon Musk
The @DOGE team discovered, among other things, that payment approval officers at Treasury were instructed always to approve payments, even to known fraudulent or terrorist groups. They literally never denied a payment in their entire career. Not even once.
@robbystarbuck - Robby Starbuck
The highest ranking Treasury official, David A Lebryk, is resigning rather than complying with a request by @DOGE for access to audit where they’ve spent trillions of dollars a year. Why would career bureaucrats fear an audit by @elonmusk and @doge to see where we can save money? https://t.co/lccLXJOL6M
@elonmusk - Elon Musk
Absolutely. The federal government has squandered your hard-earned tax money. It’s an outrage.
@elonmusk - Elon Musk
The corrupt politicians “protesting” outside the USAID building are the ones getting money from USAID. That’s why they’re there – they want your stolen tax dollars!
@GuntherEagleman - Gunther Eagleman™
BREAKING: Trump just called for investigations to find out who's getting kickbacks from all the ludicrous money spent at USAID. Now you know why Democrats are sweating. They know the Hammer of Justice is coming. CC: @DOGE https://t.co/nKeih6m6Cq
Video Transcript AI Summary
每个人都在这里，大家都是彼此的一部分。我们生活在这个共同的环境中，互相影响和支持。人与人之间的关系是重要的，我们的生活与他人息息相关。无论我们是谁，大家都在这个地方共同生活，分享彼此的经历和感受。我们都是这个社会的一部分，彼此连接，构成了我们共同的生活。
Everyone is here, and we are all part of each other. We live in this shared environment, influencing and supporting one another. Relationships between people are important, and our lives are interconnected. No matter who we are, we all live together in this place, sharing experiences and feelings. We are all part of this society, connected to one another, forming our shared life.
Full Transcript
Speaker 0: 的 一 个 人 都 是 在 这 里 的 一 个 人 的 一 个 人 都 是 在 这 里 的 一 个 人 都 是 在 这 里 的 一 个 人 的 一 个 人 的 人 都 是 在 这 里 的 人 的 人 都 是 的 人 的 人 都 是 不 是 我 们 的 人 的 人 也 是 不 是 我 们 的 人 的 人 都 是 我 们 的 人 的 人 的 人 生 活 的 人 的 人
@elonmusk - Elon Musk
🫡
@MichelleMaxwell - Michelle Maxwell
I don’t understand why all Americans aren’t rejoicing in finally knowing how our tax dollars are being spent. Are you glad DOGE is shining a light? https://t.co/5ycjSMmUy1
Video Transcript AI Summary
Doge's government transparency initiative is an accountant's dream. For the first time, we're seeing exactly where our tax dollars are going, and it's shocking. We've always been told what people *wanted* to hear, not necessarily what we *needed* to hear. Now we have the documentation to see the reality. I'm baffled by the lack of public outrage. This is our money, earned through a lifetime of paying taxes. Where our money is being spent is unacceptable. I'm astounded by the misuse of funds. We need to understand where our tax dollars are being allocated.
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Speaker 0: Y'all. Doge is an accountant's biggest dream to go into the government and go through every single piece of dollar and tell the American people where it's going. I this is commendable. From an accountant standpoint, I'm like, nobody has ever told us where our tax dollars were going. They told us what we wanted to hear.
They didn't necessarily tell us what we needed to hear. And now that we're in this position to where they're telling us what we need to hear and me just viewing the documentation and seeing where this money has been going, I don't understand why people aren't outraged. This is our money. We spend our life paying taxes, and this is where they decide to spend it? We're dead, Carlos.
@WallStreetApes - Wall Street Apes
Say it louder 🔊🔊🔊 “If you find yourself angry that an unelected billionaire is getting paid $0 to audit unelected bureaucrats who spend billions of your tax dollars, you might just be a moron.” Elon Musk and DOGE are saving America from bankruptcy. They’re stopping the fraud https://t.co/AmXkjmrioX
Video Transcript AI Summary
Feeling angry about an unpaid billionaire auditing unelected officials who spend billions of taxpayer money? You might be considered foolish.
Full Transcript
Speaker 0: If you find yourself angry that an unelected billionaire is getting paid $0 to audit unelected bureaucrats who spend billions of your tax dollars, you might just be a moron.
@elonmusk - Elon Musk
Well, maybe this explains why the Democrats don’t want @DOGE to investigate. Biggest fraud operation in human history!
reSee.it AI Summary
I'm frustrated with the Democrats' opposition to DOGE, especially since Elon Musk's audits are igniting anger among Americans. It feels like every branch of our government has been defrauding us, and we're just scratching the surface of this audit. Meanwhile, many of us are struggling to make ends meet, with some even living in tents during harsh conditions. I demand accountability—let's start naming those responsible. I'm convinced that our entire national debt, all 36 trillion dollars, is rooted in fraud, abuse, and waste.
@WallStreetApes - Wall Street Apes
Democrats are fighting so hard against DOGE because Elon Musk’s DOGE audits are making the American People furious “Like is there any part of our government, any branch of our government that has not been defrauding the American people because we're just barely getting started with this audit. I'm already saying the answer is no. There is no portion or part of our government that has not been robbing the American people blind this entire time.” “All while we can barely afford to live living paycheck to paycheck. People are still freezing in wor Western North Carolina in tents” “I want arrests, name names who did this, start naming them.” “I am 110% convinced at this point that the entirety of our national debt, all 36 trillion with a T are fraud, abuse and waste”
Video Transcript AI Summary
I'm nearly convinced that our entire national debt of $36 trillion is due to fraud, abuse, and waste. A staggering $2.7 trillion was improperly sent overseas as Medicare and Medicaid payments. How is this even possible?
Is there any part of our government that isn't defrauding the American people? We've barely scratched the surface of this audit, and it already seems the answer is no. It feels like every branch of government has been robbing Americans blind while we struggle to make ends meet. People are still freezing. I want to see arrests, and I want the names of those responsible revealed.
Full Transcript
Speaker 0: I am a 10% convinced at this point that the entirety of our national debt, all 36,000,000,000,000 with a t, are fraud, abuse, and waste. 2,700,000,000,000.0 with a t was improperly sent to overseas recipients who shouldn't have had it for Medicare and Medicaid payments. How does that happen? Like, is there any part of our government, any branch of our government that has not been defrauding the American people? Because we're just barely getting started with this audit, and I'm already saying the answer is no.
There is no portion or part of our government that has not been robbing the American people blind this entire time. All while we can barely afford to live, living paycheck to paycheck. People are still freezing in more Western North Carolina. Intense. I want arrests.
Name names who did this. Start naming them.
@WallStreetApes - Wall Street Apes
You’ll NEVER be able to make this make sense “Democrats want to audit you for a $600 Venmo payment, but when Elon Musk audits the trillion dollar government - they're ready to storm the castle. The government's been robbing us blind.” - Jesse Waters DOGE is NOT controversial https://t.co/TSUQyChyXx
Video Transcript AI Summary
We're cutting the deep state. Over 40,000 federal bureaucrats have taken buyouts, saving Americans millions. Elon and his team are streamlining agencies, Secretary of State Rubio fired 90% of USAID administrators, and the media is calling it the Trumppocalypse.
Federal workers are worried about payback, but what about the rest of us who've had to deal with DEI and cancel culture? CNN is crying for feds who don't want to return to the office, but they didn't weep for Keystone Pipeline workers.
Democrats are shocked we're putting the government on a diet, but Trump and Musk campaigned on it and won. Elon says the fraudsters are complaining the loudest. We're catching them, and Elon Musk is helping.
We're spending millions on things like tourism in Egypt, Iraqi Sesame Street, and trans surgeries in Guatemala. Biden paid billions to unnamed foreign sources. This is a government theft ring, and we're putting an end to it.
Full Transcript
Speaker 0: The Doge father's on the loose, and no federal job is safe. Their plan for the deep state gut it all. Over 40,000 federal bureaucrats have already taken buyouts, and we're only in week three.
Speaker 1: We expect that number to increase, and that that alone, just the 40,000, again, we expect it to increase. It's going to save the American people tens of millions of dollars, and we encourage federal workers in this city to accept the very generous offer. If they don't wanna show up to the office, if they wanna rip the American people off, then, they're welcome to take this buyout, and we'll find highly competent individuals who want to fill these roles.
Speaker 0: Elon and his nerd army have been combing through agencies blasting away bloat. 20 year old dozers are clashing with lazy old timers who don't know how to use a computer and are calling them idiots. And breaking news, secretary of state Marco Rubio has just fired 90% of the administrators at USAID. They took a 10,000 man agency and streamlined it to 300 employees. The media is calling it the Trumppocalypse.
CNN cast off, Oliver Darcy, says the American experiment is convulsing before our eyes, and he's flabbergasted that the media hasn't gone into round the clock special coverage. Quote, media executives need not fret about being the boy who cried wolf. The wolf is now in the barn and mauling the livestock. The Democrats in the media have never seen a president execute a mandate with speed and precision. The country voted for change, and we're watching representative government in the twenty first century.
The feds, they call that war.
Speaker 2: Nobody wants to work in this type of condition where we're gonna be in a psychological warfare for how long?
Speaker 3: Other federal workers not revealing their names because of concern over retribution described to NBC News fear and panic, an Orwellian nightmare.
Speaker 0: Federal workers are worried about payback and psychological warfare. How do you think the whole country's felt for the last twenty years? Having to tiptoe around DEI, hauled into HR for jokes, canceled for an opinion, watching Black Lives Matter light us on fire. A guy wearing a dress raped a girl in the girl's bathroom, and the girl's dad got arrested for raising his voice. A DEI bureaucrat at the Department of Justice making 6 figures who's gonna get a buyout with an eight month severage deal, they're not a victim.
CNN's putting spot shadows on feds like their lives are in danger.
Speaker 4: What is the general feeling across government amongst your fellow federal workers right now?
Speaker 5: Grief. They're angry, many that are confused, but all kind of grieving in their own way.
Speaker 4: How does it feel to be targeted for the work that you're so passionate about? It's okay. You could take your time.
Speaker 5: It actually makes me proud of the people that I've worked with and the things that we've done.
Speaker 0: CNN's spot chatting a woman who's worked from home, and now she's crying because she doesn't wanna go back to the office? This is insane. CNN just laid off hundreds of employees to cut costs because their books aren't balanced because no one's watching them. No one's interviewing fired CNN staff, not even Don Lemon. Getting fired isn't a war crime.
I've been fired four times, and thank God because it turned out alright. Since when has CNN cared about people losing their jobs? They didn't weep when Biden waxed the Keystone Pipeline Workers. CNN's been trying to get everybody fired at Fox for years. If CNN doesn't like what you say, they call your boss, they call your advertisers, They try to bankrupt you and boycott you.
Random Americans who crack jokes on Facebook. CNN was putting them on blast, trying to get them canceled. CNN cheered on Biden for firing army officers who didn't get vaxxed. Guys who are willing to die for this country. CNN said, good.
Get them out of here. CNN's boss can lay off people. Why can't Trump? Bill Clinton fired almost 400,000 federal workers. That wasn't a constitutional crisis.
The government had to slim down. Bill and Newt cut the fat, balanced the budget, and Democrats are acting like we're witnessing a genocide.
Speaker 6: Let me remind you who set the house on fire. It was y'all. It feels as if y'all have just decided that y'all are gonna castrate your constitutional duty and hand it over to someone who is unelected.
Speaker 0: Fire Elon Musk. Elon Musk took control of our country's financial nuclear codes.
Speaker 7: House Republicans have allowed billionaire Elon Musk and his gang of thieves to enter the US Treasury Department, fire the people entrusted with secret private information about Americans, and give them that access.
Speaker 0: Elon Musk is destroying our federal government. He feels he bought himself a president.
Speaker 8: Now we've got Donald Trump and his co president, Elon Musk, and they're just running a wrecking ball through it.
Speaker 0: Democrats wanna audit you for a $600 Venmo payment. But when Elon audits the trillion dollar government, they're ready to storm the castle. Why are Democrats shocked? We're putting the government on a diet. Trump and Musk campaigned on it and won on it.
Speaker 5: We're gonna be very open and transparent and be very clear about this is what we're doing. Here are the issues. The this is this is the the math for what what's being spent and and what, you know, and and we're we're gonna make it we're gonna make the spending lower. And if if somebody's got a better idea for how to make the spending lower, we're tell us. But but if we don't, we're gonna bankrupt the country.
Speaker 9: I will create a government efficiency commission task with conducting totally eliminate fraud and improper payments within six months. This will save trillions of dollars, trillions.
Speaker 0: Democrats aren't surprised this is Trump's agenda. They're surprised he's able to execute it because after years of incompetence, no one thought anyone was capable of doing anything in Washington. Elon says there's a way to know when you're over the target.
Speaker 5: One of the things I remember from the PayPal days was that, you know, who complains the loudest, is the fraudsters. Okay? So, like, the so so when when somebody was trying to commit fraud or PayPal, where we would see the most amount of righteous indignation, like, it would be like immediate over the top righteous indignation was from the fraudsters, not from honest people. Because honest people are like, oh, I think there's something wrong with my account. I guess I wonder what's wrong.
Let me inquire. And and but the fraudsters will come at you immediately. The the this is it's like a it's like a tell you that that someone's actually doing fraud because the level of of sort of foe outrage is way over the top.
Speaker 0: Elon doesn't care about bad press. He's trying to save the republic. It's good cop, bad cop. Trump's the good cop. He's the bad cop.
Speaker 9: We're catching him left and right. We're catching him. We're catching him to a point where they don't know what the heck is going on. They can't believe they're getting caught. And I have great respect for the people that are doing it.
Elon Musk is helping us on it, and he's pretty good. He's pretty good.
Speaker 0: The government's been robbing us blind. We've been writing checks, 6,000,000 for tourism in Egypt. Like, Egypt needs help with that. They have the pyramids. We should be spending money on cleaning up California so that tourists can vacation in California.
Two million to help the BBC value the diversity of Libyan society. We're bribing the BBC to cover Libya better? Why? A million for a gay group in Armenia. There it is.
We paid 20,000,000 for Iraqi Sesame Street. You paid for Bert and Ernie in Baghdad. Weren't we just bombing these people? Now we're paying for their Muppet shows? We're sick.
There is something sick with us. You also paid for an Irish DEI musical.
Speaker 10: On behalf of ambassador Cronin, it is an honor to welcome all of her guests to Deerfield tonight for this important event. Increasing access to opportunity and equity is a cornerstone of the Biden administration, and we're so proud to play a small part in that here.
Speaker 0: This is a government theft ring. We spent $2,000,000 for trans surgeries in Guatemala. I'm gonna go out on a limb. One Guatemalan dude got breast implants, and we probably kicked back the rest of the cash to a crooked Guatemalan politician and the corrupt liberal CEO of the group they laundered the money through. Because all this money we're spending, we could have turned the whole world trans.
We could have made every man a woman and every woman a man with this kind of money. Do you really think it costs 20,000,000 to produce an episode of Sesame Street? You could hire Tom Cruise to play Oscar the Grouch for that money. Check this. Biden paid nearly $5,000,000,000 to unnamed foreign sources.
Whoever's getting our money is so shady, our government can't even put it in writing. They just call it aid. I bet a lot of this money is to bribe foreign officials to win bids for American companies or to bribe foreign politicians just to have in our pockets or just to subsidize far left foundations. Most of the people getting money from these grants aren't in the country. They pump it into overseas organizations, and then we never see them.
Any liberal with an international women's studies degree can launch a five zero one c three, apply for a government grant, and spin it off into a left wing piggy bank. USAID paid $235,000,000 to the National Democratic Institute. K. Well, that sounds benign. No.
Millions of that money went to executive compensation, meaning salaries for all the liberals with no skills. I bet most of that money didn't go to supporting democracy. It went to supporting liberal lifestyles. Democrats have been sucking off the teat of government for decades, and Trump caught them. As one Trump insider says, you bring USAID to heal and you end the Democrat gravy train.
USAID is just the beginning. You start peeling back at the layers of every agency, and all you find out is pork that winds up in the wrong people's pockets.
Speaker 11: The White Coat Waste Project exposed more than $10,000,000 in taxpayer funds that were spent creating transgender mice, rats, and monkeys. The Biden Harris administration spent 2,500,000.0 taxpayer dollars, 2 point 5 million taxpayer dollars to study the fertility of trans gender mice. We spent over a million dollars, to find out if female rats receiving testosterone therapy, were more likely to overdose on a date rape drug.
Speaker 0: One of those multimillion dollar studies was at the University of Michigan. How much do you wanna bet? A Democrat wants to go to a game at Ann Arbor. Front row seats. Anyone from the Biden team wants to land at Ann Arbor.
Here's an office, a campus, an apartment, and a no show job with benefits. Governments fed the pigs so much it turned into a hog. You know what happens to hogs? They get slaughtered. And the American people love a good butcher.
Speaker 12: This political party, the Democratic party have lied to us about everything. What the last several weeks have proven to us all is that this was a part this is a cadre of criminals and losers and spoiled children of affluent parents
Speaker 7: who were more
Speaker 12: concerned about looking good than actually doing good. Now we come to USAID being probably the largest money laundering operation in American history. Congratulations, Dembs. You've outdone you've outdone even Bernie Madoff.
@mike_maloney - Michael Maloney
Hi @DOGE I'd like to report the largest fraud and waste the USA has ever seen. I've broken it down into 7 easy steps so that anyone can understand the source of plunder. Start here. https://t.co/yuSNqYtVHN
Video Transcript AI Summary
You're about to learn the hidden secret of money and how the banking system truly works. Politicians create deficit spending, which leads to the Treasury issuing bonds, essentially IOUs that become our national debt. Banks buy these bonds, then the Federal Reserve buys them from the banks with counterfeit checks, creating currency out of thin air. Banks then use fractional reserve lending, loaning out most of your deposits while only holding a fraction in reserve, further expanding the currency supply.
This system enriches the banks and indebts the public, leading to inflation because more currency causes prices to rise. Taxes are then used to pay interest on these bonds, perpetuating the cycle. The Federal Reserve, a private entity, benefits immensely from this fraud. This system requires ever-increasing debt and will eventually collapse under its own weight. Sharing this knowledge is crucial to building a better future.
Full Transcript
Speaker 0: You are about to learn one of the biggest secrets in the history of the world. It's a secret that has huge effects for everyone who lives on this planet. Planet. Most people can feel deep down that something isn't quite right with the world economy, but few know what it is. Gone are the days where a family can survive on just one paycheck.
Every day it seems things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today. The powers that be do not want you to know about this as this system is what has kept them at the top of the financial food chain for the last one hundred years. Learning this will change your life because it'll change the choices that you make. If enough people learn it, it'll change the world because it'll change the system.
For this is the biggest hidden secret of money. Never in human history have so many been plundered by so few and it's all accomplished through this, the biggest scam in the history of mankind. They say that money doesn't grow on trees but the truth is that the modern banking system creates currency far faster than trees can grow most people don't have a clue how currency is created economists and bank make it sound so complex that people think they can't understand it but I'm going to strip our monetary system down to its essence so that you can see the scam behind the curtain and just how it affects you every modern society creates currency in pretty much the same way but since the US dollar is the majority of the world's currency I'm gonna use The United States as our example. It all starts when some politician says vote for me and I'll make sure the government provides you more free stuff than my opponent will but there's no such thing as a free lunch so to provide that supposedly free stuff the politicians vote for the country to spend more than its income this is called deficit spending to pay for that deficit spending the Treasury borrows currency by issuing a bond So what's a bond?
If you think about it a bond is really nothing but a glorified IOU. It's a pretty piece of paper with numbers printed on it that says loan me a trillion dollars today and I promise over a ten year period I'm gonna pay you back that trillion plus interest but what you need to understand is that Treasury bonds are our national debt these glorified IOUs are to be paid back by you and I and our descendants through future taxation therefore when the government issues a bond it steals prosperity out of the future so that it can spend it today the Treasury then holds a bond auction and the world's largest banks show up and compete to buy part of our national debt and make a profit on it by earning interest you'll notice that as we move through this process the big banks are there taking a cut every step of the way this isn't by chance as you'll see shortly then through a shell game called open market operations the banks get to sell some of those bonds to the Federal Reserve at a profit to pay for the bonds the Federal Reserve opens up its big old checkbook and writes bad bogus counterfeit checks that should bounce because they're drawn on an account that always has a zero balance there isn't 1p in there.
To quote from the Boston Federal Reserve when you or I write a check there must be sufficient funds in our account to cover that check but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check it is creating money. The Fed then hands those checks to the banks and at this point currency springs into existence. The banks then take that currency and buy more bonds at the next Treasury auction. But what is a check?
A check is also an IOU. When you write a check you're making a note that says here's my IOU for cash all you have to do is go to the bank and pick it up. Now it's very very important that you understand this process because we're going to come back later and show you the devastating effect this has on you. The treasury issues IOUs, bonds. The banks then buy those IOUs with currency.
The Federal Reserve then writes IOUs, checks, and hands them to the banks in exchange for the Treasury's IOUs, the bonds, and currency is created. So what's really happening is the Federal Reserve and the Treasury are just swapping IOUs, using the banks as middlemen, and abracadabra presto currency magically springs into existence. This process repeats and repeats over and over again enriching the banks and in debting the public by raising the national debt. The end result is that there's a buildup of bonds at the Federal Reserve and currency at the Treasury. This process is also where all paper currency comes from.
The Federal Reserve and the government mistakenly call it base money because they didn't watch episode one of this series and they don't know the difference between money and currency. But I will correctly refer to it as base currency because it is not money, it is currency and as we've learned there is a big difference. Money has to be a store of value and maintain its purchasing power over long periods of time. We learned in episode one that earlier in our history our paper currency was just a claim check. It was a representation for real money of intrinsic value, the gold and silver was held on deposit at the treasury.
You could walk into any bank and slap your currency like say a $20 bill on the counter and redeem it for real money a $20 gold piece. But now this base currency that's piling up back here is really nothing but a receipt or a claim check on an IOU that bond so it's really nothing but a supply of numbers. The treasury then deposits the newly created currency into the various branches of the government and the politicians say hey thanks for that and the government does some deficit spending on public works, social programs, and war. The government employees contractors and soldiers then deposit their pay in the banks. Now this may come as a shock to you but when you deposit your currency with the bank you're not actually depositing it into an account to be safely held in trust for you.
Instead you're actually loaning the bank your currency and within certain legal limits they can do with it pretty much anything they please. This includes gambling in the stock market and loaning it out at a profit of course. Now this is where the machine of currency creation really gets cranking because this is where something called fractional reserve lending comes into play. Fractional reserve lending is exactly what it says, the banks are allowed to reserve only a fraction of your deposit and loan the rest out. Although reserve ratios may vary I'm going to use a 10% reserve ratio as our example.
If you deposit $100 in your account the bank can legally take $90 of it and loan it out without telling you. The bank must hold $10 of your deposit in reserve just in case you want some of it. These reserves are called vault cash. But why does your bank account still say you have $100 if the bank has stolen $90 of Because the bank left IOUs it created called bank credit in its place. Now I know this sounds crazy but here it is in black and white from the Fed.
Commercial banks create checkbook money when they grant a loan simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU. These are nothing but numbers that the banks type into their computers and even though these bank credit IOU numbers are very different from base currency numbers because they only exist in computers, they are still currency. So now there is $190 in existence. Now the reason people take out loans from the banks is to buy something they're going to buy a house or a car or something like that so the borrower takes the $90 that the bank loaned to him from your account and he pays the seller of the item but then the seller deposits that currency into his account and his bank loans out 90% of that and leaves bank credit numbers in its place so now there's $271 in existence This process repeats and repeats until under a 10% reserve ratio an initial deposit of just $100 can create up to $1,000 of bank credit all backed by $100 of vault cash just 10% but as I said reserve ratios vary wildly on some deposits it's 10% on others it's 3% and on some forms of deposits reserve requirements are zero the result is that expansion of the currency supply by the banks is far greater than even this example would lead you to believe so once again when currency is deposited in the banks the banks get to lend it out and then it gets redeposited and relent redeposited and relent, redeposited and relent over and over again creating bank credit all the way.
This is where the vast majority of our currency supply comes from. In fact 92 to 96% of all currency in existence is created not by the government but here in the banking system. Now massive amounts of currency spewing into society may at first sound like a fun idea that is until you remember one of the most important hidden secrets of money from episode one that the prices of everyday goods and services act as a sponge on an expanding currency supply. The more currency we have, the more prices rise. This is where inflation comes from.
The true definition of inflation is an expansion of the currency supply. Rising prices are merely the symptom. So our entire currency supply is nothing but a couple of bucks whipped up in this hocus pocus scam where the treasury and the federal reserve swap glorified IOUs and a bunch of numbers that the banks just type into their computers. That's it. That's our entire currency supply.
It's nothing but a supply of numbers. Some of them printed, most of them typed, and is nothing else. But if you thought that was crazy, get ready to enter the twilight zone of modern economics. We work for some of that currency supply. True wealth is your time, but we trade away moments of our lives hour by hour, day by day, and year by year for numbers that somebody printed on pieces of paper or just typed into a computer.
Now those numbers represent our blood, sweat, tears, labor, ideas, and talent. We are what gives the currency its value but here comes the really cruel joke, we work hard so that we can save some of that currency so that we can pay the tax collector in The United States known as the IRS they then turn it over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check drawn on an account that has nothing in it. Now let's do a recap on this section because this is where the system begins to rob you and I on a massive scale. Much of our taxes are not used for schools, roads, and public services but to pay interest on bonds that the Federal Reserve bought with a check drawn on an account that has nothing in it. The Federal Reserve is committing fraud but here's one of the biggest secrets of them all: before the establishment of the Federal Reserve there was no need for personal income tax.
The Federal Reserve was created in 1913 and that very same year the constitution was amended to allow income tax. Do you really think this was just a coincidence? Ask yourself how much income tax you've paid over your lifetime. Much of it has been silently siphoned away into the hands of those who own the system. Yes, this system has owners.
Who they are is an even bigger secret that we'll get to shortly but first we need to understand the mumbo jumbo of the so called debt ceiling. It's all based on a huge paradox. There was interest due on that bond and there was interest due on every one of those loans that the banks made. That means that there is interest due on every dollar in existence. Let me ask you something.
If you borrow the very first dollar into existence and that's the only dollar that exists on the planet but you promise to pay it back plus another dollar's worth of interest, where do you get the second dollar to pay the interest? The answer is that you have to borrow that one into existence and promise to pay it back with interest as well so now there are $2 in existence but you owe 4 and so on and so on. The result is there's never enough currency to pay the debt. There is always more debt in the system than there is currency in existence to pay the debt. Therefore the whole system is impossible.
It is finite. It will come to an end one day. What would happen if the government stopped borrowing to do deficit spending? Are the payments on those treasury bonds going to stop? What would happen if the public stopped borrowing and going deeper into debt?
Are your house and car payments going to stop? No, there is a payment due every month on the principal plus the interest on every dollar in existence and those payments do not stop. If we stop borrowing then no new currency is created to replace the currency that we used to make those payments. Whether you're making a payment on a loan or paying tax to make a payment on a bond the portion of the payment that goes to pay off the principal extinguishes that portion of the debt but the debt also extinguishes the currency. Currency and debt are like matter and antimatter.
When they meet they annihilate each other. If we just pay off the principal only on all the loans and bonds that exist the entire currency supply just vanishes so if we don't go deeper into debt every year look what happens the whole thing goes into a deflationary collapse under the weight of those payments politicians and pundits alike talk about balancing the budget paying down the debt, and living within our means. They don't understand that that is deflationary. It is impossible to do under our current monetary system without collapsing the whole economy. This is why any talk of a debt ceiling is not only ridiculous, it's delusional the system is designed to require ever increasing levels of debt just to continue and that's why politicians will always kick the can down the road and raise this so called debt ceiling over and over again until the whole system finally collapses under its own weight.
In other words, they don't want it to collapse on their watch. The founding fathers of The United States knew the dangers of central banking and fought to free themselves from this very thing. The Revolutionary War started out as a tax revolt but now we must pay tax just to have a monetary system. Having just suffered through the hyperinflation of the continental dollar which was printed into oblivion to finance the revolutionary war they understood the dangers of fiat currency and debt based monetary systems. So to protect future generations from institutional theft and out of control government they wrote into the constitution that only gold and silver can be money for the simple fact that you can't print them Our current system is not only unconstitutional but it robs us of the liberty and prosperity our forefathers fought and died for.
We are all feeling the effects of ignoring the constitution right now by forcing more currency into circulation our purchasing power is diluted inflation is a slow and insidious stealth tax that is simply the result of this debt based monetary system This system empowers and benefits those who create the currency and receive it first as they get to spend it into circulation before it has an effect on the economy. They're stealing purchasing power from you and transferring it to the banks and the government every hour of every day because of this false monetary system and it's not like the people at the top don't know this. To quote the The decrease in purchasing power incurred by the holders of money due to inflation imparts gains to the issuers of money. This is a fraud. It is a pyramid scheme.
It is a Ponzi scheme. It's a scam and it's a lie. Our entire monetary system is nothing but a form of legalized theft. But here's the biggest con job of them all. The Federal Reserve is not federal.
It has stockholders. There is no federal agency that has stockholders. What's a stockholder? A share of stock represents a percentage of ownership in a corporation. So the stockholders are the owners of that corporation therefore the Federal Reserve is a private corporation with owners and you can see it for yourself if you go to the Federal Reserve's website and it will say the stockholders receive an annual dividend of 6%.
Now we know that the stock in the Federal Reserve was originally issued to the largest banks in The United States but because of mergers and acquisitions through the years you can't actually trace who owns the stock in the Federal Reserve that's a very closely guarded secret my guess would be that the owners are those primary dealers the banks that get to make a profit by selling part of our national debt those bonds to the Federal Reserve who buys them with a check for nothing then we pay tax to pay the principal and the interest on those bonds so that the Federal Reserve can pay the banks a 6% dividend don't be alarmed if you don't quite comprehend the deception of this system at first glance very few people do it is purposely complex the economist John Maynard Keynes once wrote by this means government may secretly and unobserved confiscate the wealth of the people and not one man in a million will detect the theft I believe that presented correctly anyone can understand this system regardless of how complex it is so let's do a recap and break it down even more the way the system works is that step one the government creates glorified IOUs.
These bonds increase our national debt and put the public on the hook to pay it back. Step two: IOUs are swapped to create currency. The Treasury sells the bonds to the banks the banks then turn around and sell our national debt at a profit to the Federal Reserve which they probably own the Federal Reserve then opens its checkbook that doesn't have a penny in it and buys those IOUs with IOUs that it writes checks on a checking account that has a zero balance then they give those checks to the banks and currency just springs into existence and then the whole process repeats this results in a buildup of bonds at the Fed Reserve and currency at the Treasury which is really just a supply of numbers the Treasury then deposits the numbers in the various branches of the government and we get to step three the government spends the numbers on promises, public works, social programs and war. Then the government employees, contractors and soldiers deposit their pay into the banks and we get to step four where the banks multiply the numbers by magically inventing more IOUs through fractional reserve lending where they steal a portion of everyone's deposit and lend it out that currency gets redeposited and then a portion is stolen again and the process repeats over and over magnifying the currency supply exponentially then we work for some of those numbers which brings us to step five where our numbers are taxed we pay tax to the IRS who then turns our numbers over to the Treasury so the Treasury can pay the principal plus the interest on bonds that were purchased by the Federal Reserve with a check from nothing.
Then we get to step six: the debt ceiling delusion. The system is designed to require ever increasing levels of debt and will eventually collapse under its own weight because politicians always kick the can down the road. They don't want it to collapse on their watch. And finally step seven: the secret owners take their cut. The world's largest banks own the Federal Reserve those banks make a profit selling our national debt to the Fed they make a profit when the Fed pays them interest on the reserves held at the Fed and the Fed pays them a 6% dividend on their ownership of the Fed.
This system is fundamentally evil it funnels wealth from the working population to the government and the banking sector. It is the cause of the artificial booms and busts of modern economies and it causes great disparity of wealth between the rich and the working class. And it is only possible because we no longer use real money, we use currency. But worst of all, it is a form of enslavement. Bond is the root word of bondage.
Whenever a government issues a bond, it is a promise to make us pay tax in the future. Nobody asked you if you wanted to pay tax today for the prosperity we all enjoyed in the last century. Nobody is asking our children if they want to work hard in the future to pay for the prosperity we're enjoying now. George Washington once wrote to James Madison no generation has the right to contract debts greater than can be paid off during the course of its own existence by stealing prosperity from tomorrow so we can spend it today we enslave ourselves and future generations Now this all sounds pretty bad but there is great hope for you are the greatest threat to this false monetary system. This system relies on the public being ignorant of its workings.
Please share this knowledge with everyone you know because an informed public that fully understands the system can build a better future for generations to come and now I leave you with this quote widely attributed to a former director of the Bank of England The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin. Bankers own the earth. Take it away from them but leave them the power to create money and control credit and with the flick of a pen they will create enough money to buy it back again but if you want to continue as the slaves of bankers and pay the cost of your own slavery let them continue to create money and to control credit this is the Federal Reserve in Washington DC it's located on Constitution Street and that is just as much of a joke as the New York Fed being located on Liberty Street both of them are unconstitutional both of them limit our liberty and they transfer wealth away from us every second of every day to the Federal Reserve, the government, and to the banking sector.
You are now among the one in a million who can detect the theft of your prosperity. So the big question is, what can you do about it? One, watch this video until you can describe and teach it to others. Those who understand this system can make preparations for its unavoidable collapse and protect themselves. History shows that those who don't will probably be wiped out.
Two, share this video with everyone, especially those you care about. All it takes is a mouse click or two to get this message in front of millions. Post this video on Facebook, tweet it, email it to loved ones, please share it wherever you can. Three, join the conversation. The current world monetary system is based on a 300 year old design meant to enrich a few at the expense of the many.
There must be a better way. At hiddensecretsofmoney.com we've created an open source platform for the design and development of a new world monetary system. We're calling on every economist, every student, every college, every bright mind and anyone who cares to join the discussion. In educating ourselves and each other, we can prevent the further loss of our freedoms and maybe, just maybe, win some of them back.
Speaker 1: I think your episode four is very beneficial, very helpful. It's gonna introduce these ideas to a lot of people and like I've just been talking about, we have to change people's mind and the more they understand it, the better. And I think we're at this point now where more people in the last several years, four, five years, have thought about the Fed than they ever have in the last the previous ninety five years. So I think, an explanation and diagrams to show it is very helpful because quite frankly, they're not going to get it in their grade school, they're not going to get it in their high schools, they're not going to get it in college unless they're in a very rare circumstance to understand how this works.
Speaker 2: You know, for years before I got involved in really studying gold and some of the things I write and talk about today, was a monetary economist for decades. Know in your video you talk about the primary dealers. I was Chief Counsel and Chief Credit Officer, one of the largest primary dealers for ten years. So I had an inside seat on the Treasury market and have the privilege of working with several former Vice Chairman of the Board of Governors, Manly Johnson and David Mullins, going back to the 80s and 90s. I'm very immersed in what you were talking about.
I thought it was extremely accurate, extremely clear. I didn't think you were stretching on any points. Was really like something out of a PhD course except that it was very easy to understand. I think it's accessible. I think we're seeing a little bit of a revolution in communications in the following sense.
You know, as you point out, the Fed was created in 1913. Well, in 1913 there was no web, there was no YouTube, no Twitter. There was really no one to kind of stand up and oppose the Fed or call them out if you will or really get into a discussion that everyday Americans could follow. That's not true now with social media and everything else. You can reach out to millions and tens of millions of people and tell them what's going on.
I think you've done that. You've done it successfully. I applaud it. I think this is a great video. I look forward to seeing it again.
I know millions of people will enjoy it.
Speaker 3: Well, we know, the Federal Reserve believes it can create money out of thin air, not realize money is supposed to represent real products and services. And what people don't realize is when the Fed does that, in effect as Keynes pointed out, it's a form of taxation. It's a form of confiscation. And because people don't see it, the politicos get away with it, but it also undermines social trust. It just is corrosive throughout society.
We're going to have a lot of turmoil in the coming years but it's going to be the kind of turmoil that leads to positive things. So don't despair, get out there and fight because the tide is going to turn. This is going to be the status last stand.
Speaker 0: Thank you.
Speaker 4: This episode of Mike Maloney's Hidden Secrets of Money was brought to you by GoldSilver.com and the new Silver Pegasus round. To learn how to protect your family and turn the coming economic storms into opportunity, visit goldsilver.com.
reSee.it AI Summary
I'm gearing up for @DOGE to expose the fraud in Washington. @elonmusk and 'Big Balls' discovered millions of tax dollars wasted on projects in Kosovo, Egypt, and more. The left and media aren't happy about cutting waste; they're more focused on defending government excess and censorship.
@JesseBWatters - Jesse Watters
Get ready — @DOGE is forklifting the fraud out of Washington. @elonmusk and ‘Big Balls” found millions of your tax dollars going towards recycling in Kosovo and Egypt, a women empowerment hub, voter confidence in Libera, voter turnout in India, and “social cohesion” in Mali. The left and the media aren’t taking any of the waste-slashing well. The media’s not defending the taxpayers — they’re defending our bloated government and German censors instead.
Video Transcript AI Summary
Doge is uncovering massive fraud, triggering panic among Democrats who fear their misuse of power will be exposed. We're talking trillions potentially saved by cracking down on fake identities used to steal taxpayer benefits. Remember when Biden hired 87,000 IRS agents and then had the IRS audit Hegseth? Now, we're auditing the auditors, upgrading outdated software.
We're also scrutinizing questionable spending like millions on gender equality hubs, strengthening political landscapes in Bangladesh, and voter turnout in India and Liberia. Why are we spending so much money on other countries' elections?
While we're cutting headcount and saving money, the media is busy defending the indefensible like Germany's censorship and wasteful government spending. The left is defending the indefensible and the Democrats have become so toxic that Politico is warning them to stay out of the way.
Full Transcript
Speaker 0: Even the holiday weekend couldn't slow Doge down. There was a huge exodus over at the National Archives for snickety librarians were getting Doge'd silly. The Dewey Decimal System's next. It was pink slip city at the FDA, Medicare, and Medicaid, and the IRS is on deck.
Speaker 1: These are foreign nationals who come into The United States, they use fake Social Security numbers, they use fake identities to steal billions in taxpayer benefits. There's no way to know until Doge gains full access exactly how much money we're talking about. But over a ten year normal budget window, you could be talking about saving over a trillion dollars by clamping down on massive fraud in our tax and entitlement systems, including, again, those carried out by organized fraud and theft rings.
Speaker 0: Biden hired 87,000 IRS agents, gave them guns, and were getting ripped off to the tune of a trillion bucks. Because Biden had his sights set on America's real enemy, Pete Hegseth. Right before inauguration day, Biden's IRS audited Pistol Pete. Biden's son's a tax cheat, and he's auditing Hegseth, the incoming defense secretary who doesn't have enough on his plate keeping America safe. So now Elon and Big Balls are going to audit the auditors and upgrade the software because they're using programs from the nineteen sixties.
Democrats are hysterical that Elon and Big Balls are opening up the books because they assume Elon will just abuse their power like they did and audit their political enemies. You remember, like, Lois Lerner? And then she fried 24,000 emails so congress couldn't investigate. Democrats leaked Trump's tax returns to Maddow. Maddow's, like, waving them live on TV.
That's a felony. And they're worrying about Musk? Democrats are already in prison for doing what they're accusing Musk of. Whose tax returns is he gonna leak? Hunters?
He didn't file any. Almost a thousand people have full unmasked access to taxpayer data. 20 of them are student researchers. Basically, interns have access to your tax returns. Democrats don't care.
They only care when the guy who has access might find fraud. Like all good detectives, Doge is following the money. Next up on the list, Fort Knox, home to the largest gold reserve in the country, and we go years without sending inspectors in. How much gold does Fort Knox hold? Only one way to find out.
This all happening while massive amounts of gold bullion are being flown in from London vaults. It can't all be because judge Janine's going jewelry shopping, can it? Dozers are still sniffing out the bacon. Here's what they found this weekend. 35,000,000 for a gender equality and women empowerment hub, a girl hub where women hang out and pump each other up.
Sounds like a sorority. 29,000,000 to strengthen political landscape in Bangladesh. That is so generic. It could be anything. Strengthen the political landscape.
It's vague for a reason. Doge says we spent 21,000,000 for voter turnout in India. Now imagine if the Indian government spent $21,000,000 for voter turnout in America, and Trump won. When they do it, it's election interference. When we do it, it's strengthening the political landscape.
1 and a half million for voter confidence in Liberia. What are we doing? Giving pep talks to Africans before they cast ballots? You got this. We got this.
It's gonna work this time. Why are we spending so much money on other countries' elections while we're still counting votes in California? Those also found 14,000,000 for social cohesion in Mali. Mali is run by mercenaries and plagued by ancient ethnic warfare. Not to mention landmines, torture, sexual violence, and child marriage.
I'm sure that 14,000,000 is just what Mali needs to be socially cohesive. And 2,000,000 to help Kosovo and Egypt recycle. We don't even recycle here. What are we? Just buying them blue bins?
We just bombed the bejesus out of Kosovo, and now we're telling them to recycle. A new report says the government's already nearing a trillion dollars in the hole for the year. Democrats should not fight this. Their boys, Bill and Al, were for Doge before Doge was cool.
Speaker 2: Mister president, if you wanna know why government doesn't work, look behind you. The answer is at least partly on those forklifts. Is this the way it has to be? Well, the good news is that it doesn't have to be this way. We can cut it dramatically.
We can downsize government by 12%, reducing the bureaucracy by 252,000 positions.
Speaker 0: Doge is forklifting the fraud out of Washington. So what are Democrats doing? Sheryl Crow says she's selling her Tesla and donating the money to NPR. And RINOs are roaring at Democrats to do something.
Speaker 3: So I just like to see somebody wake the hell up and get excited about the fact that your country is under assault. They're bare they're not at the gate anymore. They're in your bedrooms. They're in your living rooms. They're in your businesses.
They're got they got your data, dumbass. They got all your stuff. Elon Musk has his tentacles in everything you're doing, not just off of x, but now he's in the treasury department. He's in the labor department. He's in the department of homeland security, and nobody seems to give a damn.
So that's all I want somebody to show that they care enough to get off their fat ass and say something about it.
Speaker 0: What Steele is saying is the Democrats believe the government's theirs. It's not your government. It's theirs. To them, it's like Doge is auditing the DNC. So this is just another Watergate.
They're acting like Trump didn't win the election, and he has no right to run the government. Instead of defending the taxpayers, the media is defending the government. Here's sixty minutes.
Speaker 4: People are really scared. I think that, you know, twelve days ago, people knew where their next paycheck was coming from. They knew how they were gonna pay for their kids' daycare, their medical bills, and then all gone overnight.
Speaker 2: All gone overnight for Christina Drai and Adam Dubard fired this month in the chaotic shutdown of foreign aid.
Speaker 0: They're not looking for competency. They're not looking for if you're good at your job. They're looking for pure loyalty tests. And if you don't give it, you you will be punished. There was no process.
Speaker 2: No one explained to them why they were being relieved.
Speaker 4: To my knowledge, they received an email. And then if they didn't leave the building, they were escorted out of the building.
Speaker 0: These people got generous buyouts. Eight month severance. I'm sorry. But did CVS interview the fired Keystone Pipeline workers? The fired army officers who refused the needle or black Americans who lost their job to migrants?
No. That one lady was Samantha Powers' speechwriter. She's no random civil servant. She's the top flack for the USAID chief. Just last week, this same lady told ABC she was pocketing her pride flags.
The networks are using the same victim over and over.
Speaker 5: Which was in the building. We started we took down our pride flags. We took down I took out any books I felt would be incriminating. No one was talking. We heard they started taking transcripts automatically of all of our Google Meets.
We they unplugged the news in the little kitchen galleys. It didn't feel good. And then Saturday, all of the websites went down, and then I lost complete access to my computer.
Speaker 0: Sixty Minutes is CBS's premier investigative unit, and they never mentioned the 20,000,000 for Iraqi Sesame Street or sex changes in Guatemala or DEI operas or all the dough spent on failed coups. Never mentioned it. We're 36,000,000,000,000 in debt. We're cutting headcount just like media organizations do to balance their books, just like Clinton and Gore did. Last week, Vance was in Germany and told the chancellor to knock off the censorship and step up their NATO spending.
And the American media sided with the Germans and called Vance Hitler.
Speaker 6: He was standing in a country where free speech was weaponized to conduct a genocide, and he met with the head of a political party that has far right views and some historic ties to extreme groups. The context of that was changing the tone of it. And you know that, that the censorship was specifically about the right. No.
Speaker 7: I have to disagree with you. Free speech was not used to conduct a genocide. The genocide was conducted by an authoritarian Nazi regime that happened to also be genocidal because they hated Jews and they hated minorities and they hated those that they they had a list of people they hated, but primarily the Jews. There was no free speech in Nazi Germany. There was none.
Speaker 0: It was illegal to criticize the Nazi government. It was against the law to tell a joke about Hitler, and he had a dumb mustache and one testicle. Couldn't joke about it. Newspapers were shut down. Books were burned.
Radio stations were censored. Free speech didn't trigger the holocaust. CBS's crack research team's too busy editing the Kamala interview to learn that. On the same day, CBS celebrated an armed raid in Germany because a guy posted a cartoon.
Speaker 8: It's 06:01 on a Tuesday morning, and we were with state police as they raided this apartment in Northwest Germany. Inside, six armed officers searched the suspect's home, then seized his laptop and cell phone. Prosecutors say those electronics may have been used to commit a crime. The crime, posting a racist cartoon online. And it's a crime to insult them online as well?
Yes. If somebody posts something that's not true, and then somebody else reposts it or likes it, are they committing a crime?
Speaker 9: In the case of reposting, it is a crime as well because, the reader can't distinguish whether you just invented, this or just reposted it.
Speaker 0: Germany is letting migrants into the country who are committing gang rape, and they have cops kicking down doors over a cartoon. CBS is defending Germany, a country who started two world wars that cost millions of lives and who tariff our automobiles quite unfairly, I might add. They're defending a country who boos our national anthem, Canada. Trump renamed the Gulf Of Mexico the Gulf Of America, and the media is defending Mexico. The media is defending the IRS.
The media is defending cockamamie spending like millions for Egyptian recycling. Trump has the left defending the indefensible. The Democrats have become so toxic that Politico's warning them to just stay out of the way. Quote, despite this intense daily barrage of negative reporting, Trump's drive to slash the size of the US government remains one of his most popular policies, and there's no sign of it stopping anytime soon. Trump's in the driver's seat, and Democrats are getting lapped.
reSee.it AI Summary
I can't help but feel a mix of anger and disbelief when I think about the staggering amounts of money that can be lost or wasted. Losing $4,700 would hurt, but $47,000 would ignite fury. Imagine losing $4.7 million or even $4.7 trillion—an amount that represents our hard-earned tax dollars. It's infuriating to think that some in the government might treat our contributions so carelessly, as if they could just throw it away. I'm grateful for @DOGE and what it represents in this context.
@JustineBateman - Justine Bateman
How would you feel if someone who worked for you had stolen $4,700 from you. That would smart. How about $47,000? Fury. $4,700,000? If you had that much cash, maybe it wipes out your entire family savings and you may never recover in your lifetime. Bigger? $4,700,000,000. How about that? over 4 billion dollars. $4,700,000,000,000. That's 4.7 trillion dollars. It isn't some made up number in a movie. It's an incredible amount of money, comprised of all of our tax dollars. Money we worked hard to earn, and paid in taxes that maybe put a big strain on our budgets that year. And some individuals in the government thought they could just burn it. Just throw it in the trash. That's what they thought of the results of our hard work. Thank God for @DOGE.
@libsoftiktok - Libs of TikTok
DOGE just revealed the Government sent $4.7 TRILLION in untraceable payments. 4.7 TRILLION DOLLARS 🤯 https://t.co/y41OS9h5ML
@RepNancyMace - Rep. Nancy Mace
Sorry to interrupt the meltdown tantrums over @DOGE, but to our colleagues on the other side of the aisle—do any of you have any idea where $100 billion in U.S. military aid went? Why is it missing? Anyone?
@libsoftiktok - Libs of TikTok
“There may be something rotten in the state of New York under Governor Kathy Hochul” - DEMOCRAT Rep Ritchie Torres Kathy Hochul’s Medicaid fraud scandal with CDPAP is so deep that Rep Torres wrote a letter to the Inspector General of the U.S. Dept of Health asking them to investigate
@EndWokeness - End Wokeness
This is a must watch. Trump lists off a bunch of insane scams that US taxpayers were funding before DOGE: https://t.co/8CfrKboiQl
Video Transcript AI Summary
Here's a glimpse at some wasteful spending I've uncovered. We're talking $22 billion from HHS for housing and cars for illegal immigrants, and $45 million for diversity scholarships in Burma. Millions more are going towards initiatives like sedentary migrant inclusion, LGBTQI+ promotion in Lesotho, and indigenous empowerment in Central America.
I've also found $8 million allocated to making mice transgender, $32 million for a left-wing propaganda effort in Moldova, and $10 million for male circumcision in Mozambique. There's nearly $2 billion tied to a decarbonization committee, plus millions more for fish monitoring, voter confidence in Liberia, and illegal alien hotel rooms in NYC.
Other questionable expenditures include vegan climate action in Zambia, social change in Uganda, public procurement in Serbia, learning outcomes in Asia, and a record-breaking $101 million in DEI contracts at the Department of Education.
Full Transcript
Speaker 0: Just listen to some of the appalling waste we have already identified. $22,000,000,000 from HHS to provide free housing and cars for illegal aliens. $45,000,000 for diversity, equity, and inclusion scholarships in Burma. Forty Million Dollars to improve the social and economic inclusion of sedentary migrants. Nobody knows what that is.
$8,000,000 to promote LGBTQI plus in the African nation of Lesotho, which nobody has ever heard of. $60,000,000 for indigenous peoples and Afro Colombian empowerment in Central America. 60 Million Dollars. 8 Million Dollars for making mice transgender. This is real.
$32,000,000 for a left wing propaganda operation in Moldova. Ten Million Dollars for male circumcision in Mozambique, Twenty Million Dollars for the Arab Sesame Street in The Middle East. It's a program. $20,000,000 for a program. $1,900,000,000 to recently created decarbonization of homes committee headed up, and we know she's involved.
Just at the last moment, the money was passed over by a woman named Stacey Abrams. Have you ever heard of her? A $3,500,000 consulting contract for lavish fish monitoring. $1,500,000 for voter confidence in Liberia. Fourteen Million Dollars for social cohesion in Mali.
Fifty Nine Million Dollars for illegal alien hotel rooms in New York City. He's a real estate developer. He's done very well. $250,000 to increase vegan local climate action innovation in Zambia. Two Million for social and behavior change in Uganda.
Fourteen Million Dollars for improving public procurement in Serbia. Forty Seven Million Dollars for improving learning outcomes in Asia. Asia is doing very well with learning. You know what we're doing. We should use it ourselves.
And $101,000,000 for DEI contracts at the Department of Education. The most ever paid, nothing even like it. Under the Trump administration, all of these scams, and they are far worse, but I didn't think it was appropriate to talk about
@thatsKAIZEN - Kaizen D. Asiedu
DOGE just confirmed what many suspected - there’s a tremendous amount of waste, fraud, and abuse in our government. Including voter fraud, using illegal immigrants, under Biden. https://t.co/7dRAypSX1j
Video Transcript AI Summary
Doge's revelations allegedly expose significant waste, fraud, and abuse within the US government. Antonio Gracias claims the Biden administration's policies link illegal immigration, voter fraud, and Social Security. He alleges a surge in Social Security numbers being issued to non-citizens, facilitated by administrative offenses at the border and a system that defaults to "max inclusion" for benefits.
Concerns are raised about non-citizens registering and voting, potentially impacting elections. The Heritage Foundation estimates a net fiscal deficit of $14-15,000 per unlawful immigrant household annually.
Doge's findings also highlight government waste, including the NIH's 700 disparate IT systems and a billion-dollar 10-question survey. There are twice as many active government credit cards as employees, and archaic systems hinder efficiency. $4.7 trillion in government spending is reportedly untraceable due to optional rationale fields.
Elon Musk claims that cutting waste, fraud, and abuse could improve government benefits. He alleges Social Security fraud is preventing legitimate recipients from receiving benefits. Doge aims to cut a trillion dollars of waste, fraud, and abuse and improve government services. The speaker emphasizes the need for technological solutions and accountability to address the national debt crisis.
Full Transcript
Speaker 0: The last few days of revelation from Doge have given us extremely specific details that confirm what many of us have suspected for a while now. The US government is full of waste, fraud, and abuse. So first, let's talk about the fraud. Today, Antonio Gracias, a self made billionaire and friend of Elon Musk, walked us through exactly how under the Biden administration, illegal immigration, voter fraud, and Social Security are linked. I want you to watch this.
Speaker 1: We started at the top of the system mapping the whole system of Social Security to understand where all the fraud was, and there's a lot of great people there that showed us really a lot of waste. And so that came with a big list of stuff they're working on. You've heard some of already. But this is what jumped out at us. When we saw these numbers, we're like, what is this?
In '21, you see 270,000 people goes all the way to 2,100,000 in '24. These are noncitizens that are getting Social Security numbers.
Speaker 2: Yeah. This this is a mind blowing chart.
Speaker 1: Yeah. Just this this literally blew us away. Like, we went there to find fraud, and we found this by accident. This number, what this is, is when you come in the country, if you're illegal, there's a couple ways to come in. You come in through a port of entry, and you can tell them you're afraid.
You'll get they'll give you an asylum asylum case. Get an interview, then you get in. That's one way to do it. Another way to do it is to just go to the border. Literally, this happened.
I talked to border patrol myself. Elon was there too. I went to Laredo, and I went to Brownsville. Elon went to Eagle Pass. You walk up to a board patrol officer, and you tell them you wanna come in.
They have a couple of choices. They could charge you with a misdemeanor or a felony under $13.25, or they can make an administrative offense, like a parking ticket, basically. They were told to do that, make an administrative offense on the last administration. And you go walk across the border, they do what's called a release of your own recognizance, and they give you an NTA, a notice to appear, which to appear to judge. The wait times on judges are like average six years.
Look at Guroc, you'll see it on immigration judges. There's only 700 of them. This is 5,500,000 people. Okay? So what happens then?
Once you're in the country and you've got asylum through one of these pathways, we map the whole thing out, you can apply for a work document. You file a seven six five. It's the work form. You get this form called the seven six six. That's the authorization.
And then Social Security Administration automatically sends you in the mail your Social Security number. No interview. No ID.
Speaker 2: This is worth, like, just reiterating. It it it's not that it's not people sometimes think that under the Biden administration that that he was simply asleep at the switch. He wasn't asleep. They weren't asleep at the switch. It it it was a massive large scale program to import as many illegals as possible, ultimately to change the entire voting map of The United States and disenfranchise the the American people and make it a permanent, deep blue, one party state from which there would be no escape.
Speaker 1: Look. If I hadn't seen this myself, I'm not sure I believed it. I went through it myself and mapped it. And Elon is right. This is true.
The defaults in the system from Social Security to all of the benefit programs have been set to max inclusion, max pay for these people and minimum collection. That's what's happening. We found 1,300,000 of them already on Medicaid as an example. We've gone through On every benefit program we went through, we found groups from this particular group of people, this 5,500,000 people, in those benefit programs. And then what was really, really disturbing us was why.
We're asking ourselves why. And so we actually just took a sample and looked at voter registration records, and we found people here registered to vote in this population. Yes.
Speaker 2: And who did vote?
Speaker 1: And and we found some by sampling that actually did vote, and we have referred them to prosecution at the Homeland Security Investigation Service. Yeah.
Speaker 0: Okay. So what does this mean? Let's break down exactly what we were just told. Step one. So you notice that spike on the chart that Antonio had up?
That shows that the Biden administration allowed people to enter the country illegally in increased numbers prior to the twenty twenty four election. Whether it was by design or incompetence is a question, but what is not a question is that there were increased numbers of people entering the country illegally prior to that election. Step two, the administration gave many of those illegal immigrants a light slap on the wrist instead of a misdemeanor or a felony. And, effectively, they got to stay here for years without consequence. And the way this works is that those illegal immigrants, rather than being turned away, which would be the ideal thing, or getting charged with a felony, they essentially just got an administrative offense, which is like a parking ticket, and they would just have to show up at a court hearing that might not happen for a long time, maybe even years, because the court system is so overwhelmed.
It takes years for the case to be heard. And in the meantime, that illegal immigrant gets to just stay in the country. Step three, them a Social Security number so that they can get Medicaid and other benefits using taxpayer money. And here, the rejoinder is often, oh, well, they don't get full benefits, and they pay taxes. Yeah.
Illegal immigrants do pay some taxes. That's a fair point. But it's not as much as they receive in benefits. The Heritage Foundation estimated that the average unlawful immigrant household receives about $25,000 in government benefits and services while only paying about $10,000 in taxes. So that's an annual fiscal deficit of around 14 to $15,000 per household.
So now that these people are in the country, step four, remove voter ID requirements at a state level so that citizenship can't be verified. I live in California. I experienced this directly. In fact, funny story, on election day, I literally tried to show my ID and had it refused. I was like, let let's see.
Maybe this is just like an Internet thing. Like, you know, surely, I can't I literally cannot not show my ID. Nope. That's exactly what happened. I tried to show my ID and had it refused.
And on top of that, we've seen explicit moves to allow noncitizens to vote. In 2021, the New York City Council allowed approximately 800,000 noncitizens, specifically lawful permanent residents, but noncitizens to vote in municipal elections like mayor and city council. They passed a bill that would allow this provided that they had resided in the city for at least thirty days. Now the law never took effect because it was challenged immediately, and it was finally struck down on March twentieth of this year, twenty twenty five. But it shows the Democrats' willingness to extend voting rights to noncitizens.
Imagine if he had been in power. Do you think they might have extended that right even further? It's worth contemplating. And then there's the issue of, well, did some noncitizens and, in fact, illegal immigrants vote in the twenty twenty four election? Because according to Antonio, they found outright evidence of illegal immigrants actually voting in that election.
He found a significant portion of his Social Security numbers that were given to illegal immigrants also were registered in the voter rolls. A step five is illegal immigrants now vote on a smaller scale in states where voter ID isn't required. And how would voter fraud work? Because, look, I think a lot of time people are saying, it's ridiculous. There weren't millions of illegal immigrants voting.
You don't need millions. You don't need a massive amount of voter fraud to swing an election. In the twenty twenty election, two key swing states, Arizona and Georgia, were won by roughly 22,000 votes respectively. That is a tiny amount considering the tens of millions of votes that are cast. So if that had happened at sufficient scale in a few key swing states, step six would have been you just win the election.
And with that power that you have over the executive branch and maybe over the legislative branch, you give citizenship to illegal immigrants so that they can vote on a larger scale. And that's what the Biden administration tried to do in 2021 with The US citizenship act. That act would have given illegal immigrants an eight year path to citizenship. So you allow illegal immigrants into the country. You let them stay here longer than they should because you give them a court date that is gonna be years in the future because the judicial system is overrun.
You give them benefits. They stay here. You give them citizenship. Guess who they're gonna be loyal to? The same people who let them in.
Step eight is now presidential elections are just like California elections, just different shades of blue. And as someone who lives in California and just had to evacuate his home due to the LA fires, I see what happens when your state goes so deep blue that even when disasters happen, you still get to hold on to power. If that sounds conspiratorial to you, so be it. Maybe it's just gross incompetence and a bunch of disconnected events. But here's the thing.
Extreme incompetence is indistinguishable from genuine malevolence. And even if you dispute that all of this was planned intentionally, what can't be disputed is that all of this was happening simultaneously. So intentional or not, it is an attack vector that needs to be closed. And anyone who exploited that attack vector at any scale needs to go to prison because it's treason. That's the biggest fraud bombshell.
But I mentioned fraud, waste, and abuse. So now let's talk about the waste and the abuse. Because Thursday, Elon and the Doge team did an interview, and they detailed some of the most insane findings from Doge's efforts so far. Here's a compilation of some of the wildest findings. The NIH has nearly 700 different IT systems.
Most of them don't talk to each other.
Speaker 3: There's 700 different IT systems today at NIH.
Speaker 4: Seven hundred different IT systems.
Speaker 3: IT software systems.
Speaker 2: They don't connect.
Speaker 3: They can't speak to
Speaker 2: each other.
Speaker 4: They say they don't talk to one.
Speaker 3: They have 27 different CIOs. And so when you think about making great medical discoveries, you have to connect the data.
Speaker 4: Time out. Time out. You said 27 different chief information officers?
Speaker 3: Correct. Correct.
Speaker 2: Most of them are nontechnical.
Speaker 4: So there's a lot there.
Speaker 2: So what
Speaker 3: saying? There's a lot of opportunity. It will make science better, not worse.
Speaker 2: And when I say that our job is tech support, I really mean it. Yeah. We have to fix the computers. If the computers can't talk to each other, you can't get research done. If the computers can't go stay online, people won't receive their social security.
So what we have here are a bunch of failing computer systems that are preventing people from receiving their benefits, that are preventing people from preventing research from happening, that are, extremely vulnerable to fraud, and we're fixing it.
Speaker 0: Our government spent a billion dollars implementing a 10 question survey.
Speaker 2: Literally, 10 question survey that you could do with SurveyMonkey cost about $10,000, was, the government was being charged almost a billion dollars for that. For just the survey? A billion dollars for a for a simple online survey. Do you like the national park? And then there appeared to be no feedback loop for what would be done with that survey.
So the survey would just go to nothing.
Speaker 0: There are twice as many active credit cards than there are government employees. There's over 5,000,000 government employees and twice as many credit cards. And the process for retiring government employees literally involves processing files in an underground mine. Like, that's how archaic our systems are. And that means that even if you're genuinely trying to lay off many government employees quickly so that you can improve government efficiency, you can only do that at a rate of about 10,000 employees a month due to, I kid you not, limitations on how slow the elevator is that goes up and down into this mine.
Crazy. This is on top of earlier findings like finding out that $4,700,000,000,000 of government spending over the last several years that the treasury department has issued is untraceable. We don't even know how that money was spent or why it was spent. Because the field where government's employees are supposed to mark how that money was spent was optional instead of being mandatory. Many of you have either worked in corporate life or maybe you're you still work in the corporate world.
I used to be in the corporate world. There was no situation where I was allowed to spend the company's money without it having explicitly detailed rationale in a modern digital system where I could be held accountable. So just think about this from first principles. If the government doesn't have accountability because, first of all, even the president can't fire the majority of government's employees. They have a ton of civil service protections that protects their jobs.
Having a government job is one of the most secure jobs you can have in the world, which is great for the employees, but for the people who are paying those employees who, functionally, we are the boss, not only do we not have transparency, we don't have levers of accountability. Because even if things and funds are mismanaged, what can we actually do about it? I mean, the elected representatives are barely accountable to us. What about the unelected public servants? So do I think that majority of government's employees are corrupt?
Absolutely not. There's definitely some bad apples, but I think a lot of them are just caught in a system that is not accountable. It's not incentivized to be effective. It's not incentivized to be efficient, and it's just not serving the American people. So it's basically like a company that has been running a multitrillion dollar debt for years, but the company can never shut down.
There's never any accountability. It's madness. So what's a high level takeaway here? Right now, we will focus on the government fraud, waste, and abuse. The thesis is that there's enough of that for Doge to be able to reduce government spending by a trillion dollars.
Democrats are complaining that this means removing tons of benefits and services that Americans rely on, but it is obvious that there's tremendous amounts of waste in the government. And in fact, as a result, Elon has made the opposite claim, that we can cut a trillion dollars of waste, fraud, and abuse and actually make government benefits and services better. For example, I want you to see what he just said about Social Security fraud stopping people from currently receiving their Social Security benefits. Check this out.
Speaker 2: And and they they steal people's Social Security is what happens. Is they they call in, they say, they claim to be a retiree, then they they and they convince the post the social security person on the phone to change the where the where the money is flowing. It it actually goes to some fraudster. This is happening all day every day. And and then and then somebody doesn't receive their Social Security.
It's because of of all the the fraud loopholes in the Social Security system.
Speaker 4: How do you reassure people that what you all are doing is not gonna affect their benefits?
Speaker 2: No. In fact, what what we're doing will help their benefits. Legitimate people, as a result of the work of Doge, will receive more social security, not less. Wanna emphasize that. As a result of the work of Doge, legitimate recipients of social security will receive more money, not less money.
Speaker 4: Alright. I wanna
Speaker 2: emphasize that point and and and and let the record show that I said this, and the it will be proven out to be true.
Speaker 0: There's more than just waste in the government. There's outright fraud. Many people have been victims of identity fraud and have someone who's stolen their Social Security number and identity getting checks that they should be getting. So if we can solve a lot of these problems, we get a better government, not just a smaller one. And don't you guys want a smaller, better government?
And on another note, you know, it's very easy to focus on the federal layoffs. And my heart goes out to any federal government employee who has lost their job. Because on a human level, it doesn't matter what all the abstract conceptual reasons are. Losing your job is a scary thing. It's very scary.
Now I'll note that less than one percent of the people who were laid off did not receive some sort of severance. Many of those packages were eight months severance, which is actually really generous in the corporate world. So these people are not just having the table flipped over and told, okay. Good luck. But it's still a traumatic experience to lose your job, and I totally get why some people are just emotionally distraught over it.
But at the end of the day, the point of the government is not to provide people jobs. The point of the government, among other things, is to create an overall ecosystem where everyone has jobs and their needs met, but not be bigger so that we have more people in government. Like, that's not how we're supposed to be doing this thing. So, yeah, that's what the efficiency effort requires. Like, yes, we do need to be laying people off.
If a hundred people are doing a job that one can do, or if we have 700 different IT systems when we could replace them with five. And on a final note here, you know, before Elon entered the picture, it seemed like everyone agreed that there's a ton of waste, fraud, and abuse in the government. And it reminds me, just like before Trump ran for president the first time, everyone agreed that politicians were corrupt and there's a swamp that needed to be drained. But somewhere along the line, people became so fixated on the people who are solving the problem that they seem to miss the enormity of the problems those people are solving. And another thing that's being revealed here is how much of this problem isn't simply a matter of slashing budgets.
A lot of it is about outdated software and complicated money trails. So what does that actually mean? A lot of this is actually technological, technical, and coding problems, and that's why Doge is so revolutionary. We've had five major efforts to create government efficiency since 02/2001. In fact, there's a great clip from 2011 of Obama announcing a Doge like effort to bring government efficiency headed by your buddy Joe Biden.
So it's no wonder it wasn't so successful. Right? And none of those efforts, none of those five efforts have produced more than $25,000,000,000 of savings. So for all the things that people complain about Doge for, having a bunch of self made billionaires involved and young genius coders involved, those things that they're critiquing are actually Doge's strength. The bureaucrats have not been able to solve this problem for the last twenty five years.
Many of these problems can be solved with just better systems. It's not about cutting some money here and cutting some money there. You need to rearchitect these entire systems. So if Elon, the most successful technologist in the world, surrounded by a bunch of other geniuses who have made billions of dollars by delivering billions of dollars of value and solutions to humanity's problems, like one of the cofounders of Airbnb. He's involved.
If these people can't solve this problem, who can? Joe Biden? AOC? Bernie Sanders? Who who's gonna solve this problem?
Do you trust any of these politicians to solve this problem? So you don't have to like Elon. You don't like to have his approach. You don't like to like the fact that a bunch of 20 year old coders are in the Social Security Administration databases. But if they don't solve the problem, I don't see who else can.
So I hope that detractors of Doge and Elon see this, because a lot of the fears that they have about his influence are vague and general, and they're risks that are worth keeping in mind. It's important to have guardrails around anyone, and I understand the concerns, but a lot of these are vague general concerns that fall away when you realize just how wasteful our government is and know the specifics of how they're wasting our money. And you can do your part to help people who are in fear and talking about vague things like oligarchy and fascism just to focus on specifics and ask them, hey. Are any of these things that Doge has uncovered things that you want your money going toward? Any of these things.
Okay. So you have general fears about the people. Do you have any specific concerns about the specific problems that they've uncovered? And better yet, do you have an alternative? Do you have a different point person you can point to in the world and say, yeah.
They'd be better equipped to solve these problems than Doge. If you don't have a better solution, then stop focusing on the people and start focusing on the bigger problem because we have approaching $37,000,000,000,000 of debt, a consistent $2,000,000,000,000 deficit. We basically have a national credit card that we are running up the balance on, and our interest payments are now over a trillion dollars a year. If we don't get to figure this out, we're gonna be talking about more than layoffs. In fact, we're gonna be talking about more than a recession.
We're gonna be talking about a second great depression. So if we don't have great solutions to that, it's time to stop complaining. So if you're watching this, the best thing that you can do as a citizen is share this info with people who don't know. In a vacuum of information, fear is what thrives.
reSee.it AI Summary
I’ve uncovered shocking revelations: $5 trillion in untraceable payments have vanished, leaving a massive hole in the budget. Additionally, Social Security issued $72 billion in bad checks, indicating fraud, leading to the resignation of its head to evade termination. For decades, trillions of taxpayer dollars have been misappropriated, and now the truth is coming to light. This is why there’s a concerted effort to silence figures like Elon and Trump. The truth is out, and I believe arrests are on the horizon. Why would anyone oppose this?
@TheIntelSCIF - The SCIF
DOGE has uncovered $5 TRILLION dollars in UNTRACEABLE payments. There's no records of where it went. Just a gigantic whole in the budget that they were covering up. A $5 TRILLION dollar blank check. DOGE also uncovered that Social Security sent out $72 BILLION in bad checks. In other words, FRAUD. The head of the Social Security administration has quickly resigned to avoid being fired when she was called in to be canned. Folks, they have been stealing TRILLIONS of our taxpayer dollars for DECADES, and now it's all being exposed. This is why they're doing everything possible to shut Elon and Trump down. The gig is up. Arrests are imminent. Why would ANYONE be against this?
Video Transcript AI Summary
The speaker claims $5 trillion in untraceable payments exist with a blank budget line, while authorities are concerned about Bitcoin. They allege $72 billion in bad checks were issued by Social Security, and the head of Social Security resigned. The speaker finds the resignation suspicious.
Speaker 1 questions why Speaker 0 isn't celebrating cuts and reforms if they agree there is waste, abuse, and corruption. They assert billions of dollars are being saved. Speaker 0 attempts to de-escalate, stating they are not having a debate. Speaker 1 insists they are not trying to debate and will express themselves as they want regarding saving Americans billions of dollars.
Full Transcript
Speaker 0: $5,000,000,000,000 in payments that are untraceable. The budget line is blank, and they're worried about your Bitcoin. 5 trillion. Trillion. Untraceable.
No idea where it went and how it was spent. A $5,000,000,000,000 blank check. Social Security sent out $72,000,000,000 in bad checks. Guess who resigned last night? The head of Social Security.
Right when Doge asked Michelle King to have a seat because she was about to get canned, she says, you can't fire me because I quit. And the press is acting like this isn't suspicious.
Speaker 1: You may assert there's no waste in the Pentagon. You may assert there's no waste in treasury.
Speaker 0: I'm not a You may assert there's no waste in HHS. Stephen. Stephen, I don't think anyone Then
Speaker 1: why are you not celebrating these cuts? If you agree there is waste, if you agree there is abuse, if you agree there is corruption, why are you not celebrating the cuts, the reforms that are being instituted every day that no action is taken? The entire salaries of American workers that are taxed disappear forever.
Speaker 0: Steven, let's calm down. This is not We're not this we're not having a debate
Speaker 1: no reason
Speaker 0: about whether there are places
Speaker 1: trying to debate me, and I I will be as I want to be about the fact that we are saving Americans billions of dollars.
@its_The_Dr - Johnny Midnight ⚡️
Thank God for Doge, 2.7 Trillion Dollars. We desperately need people in jail for all of this. Needs to happen SOON! https://t.co/Rmu1z7nFPG
Video Transcript AI Summary
The Doge report reveals that US healthcare corporations spent 95% of their income on shareholder payouts, totaling $2,600,000,000,000 over the last 20 years. US taxpayers reportedly pay about 70% of these fees. Additionally, $2,700,000,000,000 in taxpayer money has been improperly paid out in Medicare and Medicaid to people outside of the United States.
Full Transcript
Speaker 0: The Doge report, health care edition. So just found that The US health care corporations spent 95% of their income to share payouts. Mhmm. Not on more research, not on staffing issues, not on infrastructure, but shareholder payouts. That totaled about $2,600,000,000,000 over the last twenty years.
Fun fact, The US taxpayers pay about 70% of those fees. Also just breaking, if that wasn't enough to make you too fit to be tied, 2,700,000,000,000.0 again, $2,700,000,000,000 has been improperly paid out in Medicare and Medicaid to people outside of our country. I hope you heard me. I didn't say million. I didn't say billion.
I said $2,700,000,000,000 of taxpayer money has been improperly paid in Medicare and Medicaid to people outside of The United States. Thank god for Doge, for exposing this, for showing you how they are robbing us blind.
reSee.it AI Summary
I recently shared a series of posts revealing shocking government spending abuses uncovered by Elon Musk and the DOGE team. They exposed a $4 billion COVID fund in the Department of Education that was misused, and the United States Institute of Peace, which ironically had loaded guns and questionable contracts. The Small Business Administration even issued loans to deceased individuals. I also visited a limestone mine where retirement paperwork is still handled on paper. Throughout, we met Big Balls, a key figure in rooting out fraud in federal payments.
@VigilantFox - The Vigilant Fox 🦊
🚨 Your tax dollars have been set on fire by the government—and it’s much worse than you think. Jesse Watters just sat down with Elon Musk and the DOGE team to pull back the curtain. What they uncovered will leave you speechless. And yes, you finally get to meet Big Balls. His backstory did not disappoint. 🧵 THREAD
@VigilantFox - The Vigilant Fox 🦊
📍Don't forget to bookmark this thread. You'll want to remember what the bureaucracy spent your money on before DOGE stepped in. Now, onto the clips!
@VigilantFox - The Vigilant Fox 🦊
It kicked off with a bombshell. Elon Musk and his DOGE team had uncovered one of the most outrageous COVID-era scams inside the Department of Education. There was a $4 billion fund sitting there—and no one had to provide a receipt to use it. As one DOGE staffer explained, “There was a four billion-dollar COVID fund in the Department of Education. There was no receipt required so people could just draw down on it.” Naturally, the money went everywhere it shouldn’t have. “When people looked into it—they found that money was being used to rent out Caesars Palace for parties, rent out stadiums, et cetera.” To stop the abuse, DOGE made one change. “The one change that DOGE made with the Department of Education, is we had the simple requirement that if you draw down money you must first upload a receipt.” That’s it. Upload a receipt. “That was the only change made—you must upload your receipt—and upon doing so nobody drew down money anymore.” The grift dried up overnight.
Video Transcript AI Summary
A $4 billion COVID fund in the Department of Education had no receipt requirements, allowing people to draw down money freely. Upon investigation, it was found that the funds were used to rent Caesar's Palace and stadiums for parties.
The Department of Education implemented a simple change requiring recipients to upload a receipt before drawing down money. Although the receipts were not checked and could be fake, requests for money stopped entirely.
Initially, fraud starts small and is concealed, but if left unchecked, it grows more brazen over time, eventually escalating to renting out stadiums.
Full Transcript
Speaker 0: There was a a $4,000,000,000 COVID fund, in the Department of Education, and there was no receipts required. So people could just draw down on it. And when people looked into it, this wasn't just us before us. They found that money was being used to rent out Caesar's Palace parties, rent out stadiums, etcetera. And so the one change that Doge made with part of education is we had the simple requirement that if you draw down money, you must first upload a receipt.
That was the only change that was made, you must upload your receipt And upon doing so
Speaker 1: Yes.
Speaker 0: Nobody drew down any money anymore.
Speaker 1: Yes. But we we didn't say that we'd check the receipt. You could send a fake You could send a picture of your dog. Anything. Anything.
Anything. And and they but as soon as we asked for anything at all, suddenly the requests were like, oh, we don't need it anymore. That's interesting. They were renting Caesar's Palace. Yes.
They were, like, basically partying on the tax share of money. Stadiums? Yes. Leasing stadiums. Leasing stadiums.
For what? For parties, basically.
Speaker 0: For parties?
Speaker 1: Yes. That's a big party. It's a big party. You'd think if you were stealing, you'd start small. They do start small.
But then over what happens is over the years so, generally, the fraud starts out small and they try to hide it. But then year after year, if nobody stops the fraud, it gets more and more brazen, and and every year it gets bigger until they're literally renting out stadiums.
@VigilantFox - The Vigilant Fox 🦊
But that was just the beginning. Next up: the United States Institute of Peace—a government agency with “peace” in the name that turned out to be anything but. “We went into the agency and found they had loaded guns inside of their headquarters. Institute for Peace,” a DOGE staffer said. Musk put it bluntly: “Any organizational name is going to kind of be the opposite of the title.” And according to the team, that proved to be true. “It was by far the least peaceful agency we’ve worked with, ironically.” But the deeper they looked, the worse it got. “Additionally we found they were spending money on things like private jets and they even had a $130,000-dollar contract with a former member of the Taliban. This is real. We don’t encounter that in most agencies.” Guns. Jets. Taliban contracts. All tucked under a banner of “peace.”
Video Transcript AI Summary
The United States Institute of Peace was described as the least peaceful agency encountered, with loaded guns found inside its headquarters. The agency was allegedly spending money on private jets and had a $130,000 contract with a former member of the Taliban for generic services with no clear description. It is unclear what the money was for. Since the country's founding, the number of agencies has increased from four to over 400. President Trump signed two executive orders to reduce the number of agencies, including the Institute of Peace, prompting an investigation that uncovered weapons and payments to the Taliban.
Full Transcript
Speaker 0: United States Institute of Peace, is definitely the agency we had the most fight at. We actually went into the agency and found that they had loaded guns inside of their headquarters. Institute for Peace. I mean, given company any given organizational name is gonna be it's gonna be the opposite of the title. Right.
Yeah. Yeah. And so it was the by far the least peaceful agency that we've worked with Yeah. Ironically. Of course.
Additionally, we found that they were spending money on things like private jets, and they even had a 130,000 contract with a former member of the Taliban. This is this is real. We don't encounter that in most agencies. Yeah. What was the money going to the Taliban for?
So it was a contractor. They received a hundred and $30,000 for generic services. And to Elon's point, there was not actually a clear description of what the contractor services were for. Was it for opium? Unclear.
Or weapon or weapons? Or nothing. Or or nothing. Or or abroad. Or, yeah, nothing.
And and you naturally have to ask the question, how did we get here? Like, when the country was founded, there were only four agencies. Today, there are over 400. So there's been a 100 x increase in the number of agencies since the founding of the nation. And thanks to president Trump, he's now signed two executive orders to start to reduce the number of agencies in the government, and the Institute of Peace was one of them, which is why our team went in to try and understand what was going on.
And that's when we found all of the craziness, like the weapons in their armory. We found the payments to the Taliban.
@VigilantFox - The Vigilant Fox 🦊
Before we roll the next clip: if you’re not following me, you’re missing out on critical updates. Hit the bell 🔔 to stay sharp and informed. → @VigilantFox Now, back to the story you came for. https://t.co/lvNXgz2ciS
@VigilantFox - The Vigilant Fox 🦊
But the Institute of Peace saga went deeper. Just when you thought it couldn’t get more surreal—the cover-up began. DOGE had barely walked through the doors before the agency started deleting records. “Just a few hours we got into their headquarters we found their chief accountant had actually deleted over a terabyte of accounting records from several years.” The obvious question came up: why? “You would have to ask the question, well why would somebody do that? The DOGE team was fortunately able to recover that data with the help of a few great employees at the Institute of Peace.” Once they had the files back, the full picture emerged. “They received $55 million a year from Congress and on the money that went unspent, instead of returning that to Congress, they would sweep it into a private bank account which has no congressional oversight and that’s what they would use to fund events at their headquarters and the private jets.” For the DOGE team, this wasn’t just an example of government waste—it was something far worse. “I think it’s a great example because most Americans don’t know what’s going on at a lot of these smaller agencies and this is—I think this is the most extreme case of some of the wasteful spending we are finding.”
Video Transcript AI Summary
Shortly after arriving at the Institute of Peace headquarters, the speaker's team discovered that the chief accountant had deleted over a terabyte of accounting records. The team recovered the data with help from Institute of Peace employees. The speaker alleges that the Institute received $55 million annually from Congress, and instead of returning unspent funds, they transferred it to a private bank account without congressional oversight. These funds were allegedly used for events at their headquarters and private jets. The speaker believes this exemplifies wasteful spending within smaller agencies. Another speaker claims agencies are hiding money and sending it to the Taliban, and that there were loaded weapons in the Institute of Peace buildings. The deletion of financial information is characterized as a cover-up.
Full Transcript
Speaker 0: So just a few hours after we got into their headquarters, we found that their chief accountant had actually deleted over a terabyte of accounting records from several years. So you'd have to ask the question, well, why would somebody do that? And the Doge team, fortunately, was able to recover that data with the help of a few great employees at the Institute of Peace. And I think the most troubling thing was they received $55,000,000 a year from congress, and any money that went unspent instead of returning that to congress, they would sweep it into a private bank account which had no congressional oversight, and that's what they would use to fund things like events at their headquarters and the private jets. And so I think it's a great example because most most Americans don't know what's going on at a lot of these smaller agencies and this is, I think the most extreme case of some of the, a wasteful spend that we're finding.
Speaker 1: So the agencies are hiding money from you. They're sending it to the Taliban. They have loaded weapons in the department buildings.
Speaker 0: At the Institute of Peace.
Speaker 1: At the Institute of Peace. Yeah. That's right. So this is a cover up when you guys roll in?
Speaker 2: This one, yes, a cover up.
Speaker 1: It's a cover
Speaker 2: did delete a vast amount of financial information. That's really a definition of a cover
@VigilantFox - The Vigilant Fox 🦊
Then came something so ridiculous it sounded like satire. The Small Business Administration had sent out over $300 million in loans… to people who were already dead. And that’s not even the wildest part. A DOGE staffer detailed: “Is the Small Business Administration giving loans to dead people, people over the age of 120? The answer was yes and it was around $330 million in total.” Musk followed up with the part that shocked everyone at the table. “And also people with birthdays in the future.” “Like, the birthdate I think in one case was like—we’re talking about your great grandchildren. With the birthdate, like, of 2165.” “More than a century from now was the birth date.” “Because your birthday is in the future, the far future. Not like next year. This is either fraudulent or we have your birthday wrong.” Billions in taxpayer money—and no one bothered to check the dates.
Video Transcript AI Summary
The Small Business Administration reportedly gave loans to dead people and people with impossible ages, totaling around $330 million. Some recipients had birth dates placing them over 115 years old, while others had birth dates in the future, such as 2165. These errors suggest potential fraud or incorrect data entry. The question is whether these discrepancies are due to typos or identity theft.
Full Transcript
Speaker 0: Is the small business administration giving loans to dead people, people over the age of 20? The answer was yes, and, it was around $330,000,000 in total.
Speaker 1: So People with a birthday that could not possibly be real.
Speaker 0: Yeah.
Speaker 1: Meaning, they're they're over a hundred they're 15 years old or older. The oldest living American is 14. So it's safe to say if anybody is in the in the system as a hundred and 15 years or older, that is fair. And and also people with birth dates in the future. What does that mean?
Well, in one I mean, I think the like, the birth date birth date, I think, in one case was like Fetuses? We're getting No. Not even. No. Really really sort of a you're talking about, like, your great grandchildren.
Like like with the birth date like of I think it was like 2165. So more than a century from now was the birth date. George Jetson was getting paid. Yes. Because your birthday is in the future.
Like the far like the far future, not like next year. Right. And we either this is either fraudulent or we have your birthday wrong. It's either a typo or someone stealing. Which is it?
Yeah. Right. Yes. You should you should at least ask which is it.
@VigilantFox - The Vigilant Fox 🦊
But there is a light at the end of the tunnel...or mine in this case. One of the most bizarre symbols of government inefficiency is a limestone mine in Pennsylvania—where retirement paperwork is still handled the old-fashioned way: on paper. Joe Gebbia, co-founder of Airbnb and now part of DOGE, decided to see it for himself. “I had a chance to go to the mine and so I took a golf cart through security down into the side of the mountain and I entered this whole space of caverns and roads. And we get to a metal door and I open it up and there in front of me is a sea of filing cabinets from the 1960s.” He painted the scene: “I’m walking around, it’s super chilly and smells like paper. I realize, for a mine, it’s a great mine. It’s secure, it’s well-lit. Temperature controlled——The question we why are we still using paper in 2025?” He even brought along replica folders to show just how outdated the system is. “I would rather do my taxes in the dark, than have to go through this.” But this story had a win. “What we are doing is we are bringing some process online with modern software. I’m excited to share that as of tonight we have 25 retirees going through an entirely online retirement process in the government for the very first time.”
Video Transcript AI Summary
Speaker 0 visited a mine used for storing physical media, specifically filing cabinets dating back to the 1960s, containing retirement paperwork. The speaker questions why paper is still used in 2025, showing an example of a retiree's case folder, which is compiled by hand and moved through the mine. Speaker 1 adds that the retirement process can take over six months due to the manual compilation and storage of paper documents, with calculations also done by hand. Speaker 0 states that the paperwork is extensive and difficult to process. They are implementing modern software to bring the retirement process online, and currently have 25 retirees going through an entirely online retirement process for the first time.
Full Transcript
Speaker 0: Help me out with retirement, and a few weeks ago, I had a chance to go to the mine. And so I took a golf cart through security down into the side of a mountain and entered daylight left, and I entered this whole space of caverns and roads. And we get to a metal door, and I open it up and there in front of me is sea of filing cabinets from the nineteen sixties. And I'm walking around, it's super chilly, smells like paper. And I, you know, I realized for for a as a mind, it's a great mind.
It's secure. It's well lit, temperature controlled. And so the question we're not ask we're asking is not is this a good place to store physical media, which it is. It's amazing for that. The question is, why are we still using paper in 2025?
So I brought something to show you Yeah. Of what's inside the mind.
Speaker 1: And and only the the normal process for retirement is over could be over six months. So once you file your retirement papers, that's why it takes six months.
Speaker 0: Mhmm. What what is that? So these are replica case folders that people use to retire from the government. And so these are all compiled by hand, moved around on carts through the mine. It takes many months to do that, and this one is a single retiree's paper required to leave the government.
Speaker 1: Wants to retire, they can't because it takes six months to compile the paper and carry the paper into a mine where it is stored. And also, all the calculations are done by hand.
Speaker 0: Everything has to Reconciled, adjudicated, this is thicker than the Word of the Rings trilogy.
Speaker 1: Yeah.
Speaker 0: And if I had to process this, I would rather do my taxes in the dark than have to go through
Speaker 1: this. Yeah.
Speaker 0: And so what we're doing is we're we're bringing this process online with modern software. And, I'm excited to share that as of tonight, we have 25 retirees going through an entirely online retirement process in the government for the very first time.
@VigilantFox - The Vigilant Fox 🦊
And finally, we got to meet the legend himself: Big Balls. For months, he was a mysterious figure inside the DOGE operation—known only by his nickname. Then Jesse Watters asked, “Who’s Big Balls?” A voice from across the table answered without hesitation: “That’s me.” Musk leaned in: “That should be obvious.” The nickname, it turns out, started as a joke on LinkedIn. He wanted to stand out in a sea of suits who played it safe. He didn’t expect anyone to notice. They noticed. But there’s more to Big Balls than a meme. He plays a key role in the team, hunting down fraud buried in federal payment systems. “I’m working on some payment computer stuff,” he said. “We started looking into the payment computers to root out fraud and waste.” And what they found was staggering. In many cases, you could pull up a line item for $20 million—and find no record of where it went. No trail. No explanation. Just holes in the system. That’s what DOGE is trying to fix. And Big Balls is leading the charge.
Video Transcript AI Summary
The speaker uses "BigBalls" as their LinkedIn username to avoid being perceived as overly serious or risk-averse. They didn't expect anyone to notice it.
Currently, the speaker is working on payment computer-related tasks, specifically aiming to eliminate fraud and waste. The initiative involves examining payment computers, revealing a lack of accounting for where payments are directed. For instance, a $20,000,000 line item lacks a clear destination, a common issue in many payment systems.
Full Transcript
Speaker 0: Big balls. It's big. That should be obvious. Why do they call you Big balls? I just said it as my LinkedIn username.
Okay. Well, people on LinkedIn take themselves, like, super seriously, and they're pretty adverse to risk. And I was like, well, I wanna be neither of those things. So I just I said it, and honestly, I didn't even think anyone would notice. Yeah.
When you clicking this so cringe. What does BigBalls do? Right now, I'm working on some payment computer stuff. So one of our initiatives is to root out fraud and waste. And to do that, we started looking at the payment computers.
And as mentioned earlier, like, there is no accounting of what payments actually go to the payment computer. So, like, we you look at a specific line item, like $20,000,000. You're like, okay. Well, what is this money going to? And for the majority of payment systems, it's like, well, we don't really know.
@VigilantFox - The Vigilant Fox 🦊
Thanks for reading. If you appreciate this kind of reporting, follow me for more daily threads. —> @VigilantFox Looking for another 🧵? Victor Davis Hanson just revealed the real reason Trump’s enemies are spiraling. https://t.co/CbXl1wCZjc
@VigilantFox - The Vigilant Fox 🦊
🚨 Victor Davis Hanson just revealed the real reason Trump’s enemies are spiraling. 1. The polls are a lie. 2. The Democrats have no backup plan. They’re trapped on a sinking ship—and they know it. Then VDH names the one weapon they’re still clinging to. And suddenly, everything makes sense. 🧵 THREAD
@VigilantFox - The Vigilant Fox 🦊
Massive shout-out to @overton_news for cutting together that first clip in this thread! They’re hands down one of the best news accounts on X! Do yourself a favor and give them a follow. —> @overton_news https://t.co/ZteULmww5d
reSee.it AI Summary
China is attempting to shift blame for the COVID-19 outbreak onto the U.S., claiming the virus may have spread in America before detection. In response, Dr. Jay Bhattacharya strongly refutes this, asserting that the Wuhan lab's experiments, partly funded by the U.S., led to the leak. He promises full transparency at the NIH, complying with congressional subpoenas for all COVID-related documents, while criticizing China's lack of cooperation. Bhattacharya emphasizes the need to learn from past mistakes to prevent future pandemics.
@VigilantFox - The Vigilant Fox 🦊
🚨 China is blaming the U.S. for the Covid outbreak. But NIH Director Dr. Bhattacharya says they’ve already been caught red-handed. And now he’s dropping a bombshell. In the wake of the lab-leak confirmation, he’s vowing to release something that could change everything. 🧵 THREAD
@VigilantFox - The Vigilant Fox 🦊
📍Remember to bookmark this thread. The truth is finally coming to the surface after years of secrecy.
@VigilantFox - The Vigilant Fox 🦊
So what’s the backstory here? As more evidence points to a lab leak in Wuhan, China is now trying to flip the script—blaming the United States for the origins of COVID-19. In a lengthy government paper, Chinese officials claim the virus may have been spreading in the U.S. before it was ever detected. They accuse Washington of ducking responsibility and demand accountability. “The US should cease from shifting blame and evading responsibility, stop finding external excuses for its internal malaise, and genuinely reflect on and overhaul its public health policies,” the paper states. “The US cannot continue to turn a deaf ear to the numerous questions over its conduct.” But this response didn’t come out of nowhere. It followed a fearless move by the Trump administration. They updated the official government website on Covid—not to double down on old narratives, but to expose the truth. The revamped site walks through the case for a lab origin: how Fauci pushed the natural spillover theory, how Biden later shielded him, and how early pandemic policies like masking and distancing were rolled out.
@VigilantFox - The Vigilant Fox 🦊
Dr. Jay Bhattacharya isn’t letting China get away with it. He spoke to Laura Ingraham and pushed back hard on their attempt to blame the U.S. “It’s shocking, Laura. I guess, what can you do?” he said. Then he laid out the facts. “What happened was that the Chinese lab in Wuhan conducted some mad science experiments.” “Unfortunately, partly funded by the American government. In fact, by the agency that I can now currently lead. That experiment went astray. It leaked and caused the havoc that we faced for years.” “For China to now turn around and say well, the U.S. is to blame—well, I mean, it’s ridiculous, it’s absolutely ridiculous.” He unleashed the truth: “The Chinese were responsible for allowing these experiments to happen in a low security lab. It leaked. They covered it up. And that’s just a fact.”
Video Transcript AI Summary
A Chinese lab in Wuhan conducted mad science experiments, partly funded by the American government. The experiment went astray, leaked, and caused havoc. China is now claiming the U.S. is to blame, which is considered ridiculous. The Chinese were responsible for allowing these experiments to happen in a low-security lab. The lab leak occurred, and they covered it up.
Full Transcript
Speaker 0: It's shocking, Laura. I mean, it I mean, I guess, what can you do? What happened was that the Chinese lab in Wuhan conducted some mad science experiments, unfortunately, partly funded by the American government, in fact, by the agency that can now currently lead. And that that experiment went astray. It it leaked and caused the havoc that we faced for years.
And for China to now turn around and say, well, The US is to blame and and and that well, I mean, it's ridiculous. It's absolutely ridiculous. The Chinese were responsible for allowing these experiments to happen in a low security lab. It leaked. They covered it up, and that's just a fact.
@VigilantFox - The Vigilant Fox 🦊
Before we roll the next clip: if you’re not following me, you’re missing out on critical updates. Hit the bell 🔔 to stay sharp and informed. → @VigilantFox Now, back to the story you came for. https://t.co/cG24L0QoDa
@VigilantFox - The Vigilant Fox 🦊
But that’s not where it ends. In a moment that could change everything, Bhattacharya promised something Americans have waited years to hear: full transparency. “That’s exactly what I’m doing at the NIH,” he said. “I have gotten congressional subpoenas for all of the documents at the NIH that are related to Covid-19.” “I’m complying with every single one.” Every document. Every memo. Every internal conversation from before and during the pandemic—he says it’s all being turned over. “We are going to have, at least from the American side, all the things that we knew and were talking about—the U.S. Government was talking about at the time and in the years running up to the pandemic.” But this only works if both sides come clean. And China won’t. “The problem is that the Chinese government won’t give those same things to us,” he explained. “For instance, the NIH tried to get the lab notebooks from the Wuhan experimenters and they wouldn’t share that lab notebook with us.” So while Bhattacharya is opening the vault, China is locking theirs tighter than ever.
Video Transcript AI Summary
Speaker 0 believes all COVID documents under seal in the United States should be unclassified. Speaker 1 agrees and states they are complying with congressional subpoenas for all NIH documents related to COVID-19. This will reveal what the U.S. government knew and discussed leading up to the pandemic. However, the Chinese government is not providing the same level of transparency. For example, the NIH requested lab notebooks from the Wuhan experimenters, but they were not shared.
Full Transcript
Speaker 0: All the COVID documents that are currently under seal in The United States should be unclassified. So we we really get the full sense of this.
Speaker 1: Yeah. Absolutely. I I completely agree with that, Laura. And that, in fact, that's exactly what I'm doing at the NIH. I've gotten congressional subpoenas for all of the documents of the NIH that are related to COVID nineteen, and I'm complying with every single one.
We're gonna have, at least from the American side, all the things that we knew and we're talking about, the US government was talking about at the time and then the years running up to the pandemic. Problem is that the Chinese government won't give those same things to us. We won't we for instance, the NIH tried to get the lab notebooks from the Wuhan Experimenters, and they wouldn't share that lab notebook with us.
@VigilantFox - The Vigilant Fox 🦊
And finally, he ended with a warning. Transparency is just the first step. What matters most is what we do with what we find. If we don’t learn lessons from our mistakes, then what was the point of all of this? “What we need to do actually, and this is, again, something President Trump is going to deliver and is delivering, that we have to never again act in the ways that we did in the run-up to the pandemic.” He pointed straight at the risky experiments that triggered this crisis. “In ways that put all of the world in danger of causing a pandemic by doing mad science experiments.” That’s the line he’s drawing—not just for the history books, but to stop the next global disaster before it starts.
Video Transcript AI Summary
President Trump promised to deliver the full American story of what led to the pandemic and is keeping that promise. The goal is to let the chips fall where they may and ensure the American people know the truth. Trump is also delivering on a commitment to prevent future pandemics caused by dangerous scientific experiments. The aim is to never repeat the actions that endangered the world in the lead-up to the pandemic.
Full Transcript
Speaker 0: President Trump, he made it one of his, his promises to the American people. He's he's delivering. We are going to make sure that the American people know the full story, at least as far as the American side is concerned, of what led to the pandemic. And let the chips fall where they may. What we need to do actually and and this is again something that president Trump is going to deliver and is delivering, is that we have to never again act in the ways that we did in the run up to the pandemic in ways that put the all of the world in danger of causing a pandemic by doing mad science experiment.
@VigilantFox - The Vigilant Fox 🦊
Thanks for reading. If you appreciate this kind of reporting, follow me for more daily threads. —> @VigilantFox Looking for another 🧵? 🔥 Musk and DOGE pull back the curtain on the insane examples of your tax dollars at work! https://t.co/O20Ef4ajxl
@VigilantFox - The Vigilant Fox 🦊
🚨 Your tax dollars have been set on fire by the government—and it’s much worse than you think. Jesse Watters just sat down with Elon Musk and the DOGE team to pull back the curtain. What they uncovered will leave you speechless. And yes, you finally get to meet Big Balls. His backstory did not disappoint. 🧵 THREAD
@DrInsensitive - Dr. Insensitive Jerk
Musk says the Big, Beautiful Spending Bill Undermines His DOGE Work. Musk is trying to prevent a US government default, while Trump is optimizing for it. https://t.co/t1plVYl6PV
@DrInsensitive - Dr. Insensitive Jerk
Trump is Playing 4d Poker DOGE is making headlines, yet Trump is helping congress blow the savings on more spending. What the hell? Here is my theory: DOGE is not about cutting government spending; it's about killing the woke mind virus by pinching off the cash firehose that sustains it. Trump didn't try to cut spending in his first term either. IMO, Trump has decided that Americans are simply too soft, so there is no way to cut government spending until we default on the debt. Any politician who tries will be voted out, so he won't try. Instead, he is optimizing for the default scenario. When you know bankruptcy is inevitable, what do you do? I think Trump has resolved to screw the bondholders as hard as possible, to benefit the rest of us. So he is running up the credit card to buy Infrastructure. Did it seem weird to you that Trump promoted infrastructure spending in his first term, and now again in his second, when we have nothing to show for Obama's trillion-dollar "Infrastructure" packages? Maybe Trump believes that, under his leadership, infrastructure spending will actually buy us some infrastructure. But again, why? The answer is: Infrastructure is a durable good that can't be repossessed. All other forms of government spending are like throwing cash into the wind, and after the default, they will mean nothing. But we will still have the bridges and roads to help us rebuild. If I am correct, Trump will not try to cut spending. Instead, he will try to spend as much as possible on projects that will still be worth something after we default.
@CL4WS_OUT - 𝕿𝖍𝖊 𝕷𝖎𝖔𝖓𝖊𝖘𝖘™️
White House releases net worth numbers from DOGE's Congressional Audits. THESE PEOPLE NEED TO BE INVESTIGATED NOW! #DOGE https://t.co/0bwGAJINqF