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Speaker 0 claims a "financial coup" began in 1997, re-engineering government by creating a debt trap. By 2015, there were $21 trillion in "undocumentable adjustments" in government financials. During the Kavanaugh hearings, Federal Accounting Standards Advisory Board Statement 56 was issued, allegedly allowing a secret group to move money out of financial disclosures, impacting 24 agencies and about 150 governmental entities, plus big banks and contractors. This makes US large-cap stock and bond market financials meaningless because a secret group can make anything go missing. Systemically important institutions are allegedly free to break the law, only needing to kick back profits to the Department of Justice. The central banking bureaucracy, especially the BIS, runs the debt and transaction system. The speaker identifies the Harvard Corporation as a major investment syndicate with a self-perpetuating board controlling a $50 billion+ endowment. US universities are now a terrible investment for parents because they are bloated and off track. The unipolar model failed because the US lacks a culture and human capital to manage it, and is not "agreement capable."

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Speaker 0 argues that the system is a scam, noting that retirees living on $2,000–$3,000 a month is impossible because money is spent as it comes in. He cites $35 trillion in debt and $2 trillion in American taxpayers’ credit card debt, warning of a looming run on the city and questioning why Social Security money is taxed again. He reflects on personal pension and union involvement and asserts that people will need to work longer. Speaker 1 counters by outlining the history and current state of Social Security. He notes that Social Security began as a 2% tax with a promise it would never exceed 6% of income, but now it takes 12.4%, with projections (CBO or Social Security trustees) suggesting 15.8% to 17.5% in the future. He states that originally promised tax caps were not maintained and that money taken from workers’ paychecks has been spent immediately to pay promised benefits for the past thirteen years. He argues that the system benefits higher earners disproportionately and imposes a larger burden on lower-income workers, who have less left to save for retirement, and highlights disparities in life expectancy, noting that one in four African American men may die between 45 and 64 after paying into the system. He asserts that lower-income and African American workers risk receiving little or nothing in return. Speaker 0 asks for a solution. Speaker 1 proposes shifting toward a universal benefit system, bending benefits for middle and upper income earners while increasing them for lower-income earners, indexing retirement age to life expectancy, and using a more accurate inflation index. He suggests workers should have an option to invest money in something that earns a positive return and cannot be spent by Congress. Speaker 0 shares a personal perspective about his two young sons paying into Social Security and questions whether they will receive any benefits. Speaker 1 responds that younger workers will likely see some benefits, but not what has been promised. Speaker 2 adds that pensions and Social Security both provide guaranteed income, and introduces protected retirement solutions with step-ups and lock-ins that address market volatility. He credits Secure Act 1.0 and 2.0 for enabling these options and advocates adding at least one of four types of plans—401(k), 457, 403(b)—to provide Americans with retirement options and assurances about what they will get in retirement. Speaker 0 notes that young people ask why they can’t invest in their own 401(k) instead of Social Security, and Speaker 2 responds positively, stating there is a place for Social Security, pensions, and 401(k) plans, and that the right questions about savings are being asked.

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In 1994, the Federal Reserve deepened ties with the Bank of International Settlements. A year later, a large pension fund began moving money out of the country. Simultaneously, billions began disappearing from HUD and the Department of Defense, totaling $21 trillion between 1998 and 2015. Around the same time, we saw the rise of OxyContin and predatory lending, targeting low-income neighborhoods. Leading up to 9/11, a reporter was covering the missing money, but on 9/10, Rumsfeld announced $2.3 trillion was missing. After 9/11, the Patriot Act passed, and the missing money issue faded. In 2015, $6.5 trillion went missing in one year. Dr. Skidmore's research revealed the missing money matched the US national debt. Despite pressure, the DOD refused audits. Then, FASB 56 allowed the government to keep secret books, enabling unlimited secret funding, which I believe facilitated events like the COVID-19 operations.

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Politicians promise more "free stuff," leading to deficit spending, where the government spends more than it earns. To cover this, the Treasury borrows money by issuing bonds, which are essentially IOUs. These Treasury bonds constitute the national debt, requiring repayment by current and future taxpayers through taxation. Therefore, issuing bonds allows the government to spend today by stealing prosperity from the future. The Treasury then conducts a bond auction involving the world's largest banks.

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Speaker 0 asserts that there are two F’s that come to mind: fraud by design and financial Armageddon. - Fraud by design: This, according to Speaker 0, was not an accident or a happenstance event. It is described as a system that is designed by the left for people in their social circles. The claim traces the system back to the top of the federal government, beginning with the Obama administration and being promulgated even more by the Biden administration. It is said to run down to the states, including governors across the country, specifically naming governors Waltz and Mills. The speaker also mentions the local level, noting bad actors and headlines in Maine and Minnesota. The overarching assertion is that this situation is “the tip of the iceberg.” - Financial Armageddon: The second F is financial Armageddon. Speaker 0 argues that if the Trump administration does not take the issue seriously, listeners are “probably on another planet.” The speaker contends that the problem will have implications for the state of Maine amounting to “billions with a b of dollars,” and that this will spell financial Armageddon for the state. The speaker emphasizes the urgent need to get a handle on the problem. In sum, Speaker 0 portrays a systemic, politically driven pattern of fraud across federal, state, and local levels, described as the tip of the iceberg, and projects drastic financial consequences for Maine unless the issue is addressed, asserting that the Trump administration is serious about taking action.

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The financial situation in the United States is misunderstood. High taxes are often blamed, but they don't truly fund the government. Instead, the government relies on Treasury bonds, primarily purchased by the Federal Reserve, which prints money to buy them. This creates an illusion that taxes are necessary for funding. In reality, the government is financed by money printing, leading to a precarious bubble that could burst. If the public realizes this, confidence in the dollar could collapse, threatening Western civilization. Urgent policy changes are needed to prevent repeating past mistakes and to stabilize the economy before it's too late.

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Total feedback matched the Skidmore survey, indicating a concerning trend towards population reduction. Skidmore previously highlighted $21 trillion missing from the federal government, which sparked my collaboration with him in 2017. He often questioned why I persisted in exposing financial mismanagement and legal violations within the government. I explained that the Treasury was being misused to siphon funds from retirement accounts, leading to a potential solution of lowering life expectancy to balance the budget. When COVID injections emerged, Skidmore demonstrated that life expectancy was indeed declining. Notably, the Department of Defense, responsible for Operation Warp Speed and the COVID rollout, was also linked to the missing funds, suggesting a troubling connection between financial mismanagement and public health outcomes.

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Catherine Austin Fitz discusses the United States’ “missing money.” She cites that by 2015 there was “$21,000,000,000,000” missing, with the debt rising to “$37,000,000,000,000” and “undisclosed liabilities.” She explains the mechanism: money borrowed from pension funds and “disappears out the back door” through the New York Fed, the BIS, and private banks. She references the “Federal Accounting Standards Advisory Board statement 56” and says “we can keep secret books,” noting that “the books went dark” after 2015. She describes a “breakaway civilization” funding “underground bases” via a “public private partnership” with Palantir, DHS, ICE, and HHS, creating “biometric surveillance of the entire population” and a “ring doorbell” surveillance network. She portrays a “public private criminal syndicate” and a “tapeworm economy,” asking “Who is mister global?” They discuss health concerns (including “turbo cancers” and rising mortality) and spiritual dimensions: “angels and demons” and “interdimensional intelligence.”

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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.

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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.

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The speaker discusses the national debt and how it has grown over the years. They question who the debt is owed to and how it is being paid back. They explain how the Federal Reserve controls the money supply and manipulates the economy. The speaker also highlights the impact of debt on individuals and the economy. They urge listeners to be aware of the system and make changes in their own lives to avoid falling into debt.

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Speaker 0 argues that Elon’s estimate of 20% of federal spending being part of a fraud camp could be higher, and when including state and local spending, the accounting suggests a sizable percentage of overall GDP is effectively theft through government agencies or checks. He predicts a “great uncovering” in 2026, with trillions of dollars of this behavior across the economy, and notes that on the other side, nothing will happen because the cost will be so significant it will feel like staring into the abyss. Speaker 1 asks how to differentiate between legal theft and illegal theft, noting that Somali daycares’ actions were outright fraud and illegal, while Stacey Abrams’s NGO receiving $2,000,000,000 late in the Biden administration is technically legal but clearly a different kind of theft and fraud. Speaker 0 responds with a test: “Would you throw up in your mouth when you heard the news? That’s the test. If you don’t pass the common sense vomit in the mouth test, it doesn’t matter whether it’s legal or illegal. It’s up. And you’ll realize that pretty quickly.”

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The speaker discusses the national debt and how it has grown over the years. They question who the debt is owed to and how it is being paid back. They explain how the Federal Reserve controls the money supply and manipulates the economy. The speaker also highlights the impact of debt on individuals and society, urging listeners to break free from the cycle of debt. They emphasize the need to be aware of the system and make conscious financial decisions.

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Not tax dollars, but our lives have been stolen. It's time to recognize this as theft, not just waste. These funds represent our hard work and years dedicated to earning them. The misuse of money isn't trivial; it involves specific individuals benefiting from fraudulent activities. This is corruption and a betrayal of the American people. We have been made economic slaves, and the years of our lives taken by those in power must be addressed. The accountability of those responsible is crucial, as countless years of American lives have been lost to the actions of the elite.

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The speaker explains that the Federal Reserve is a private bank owned by private stockholders, not the government. They discuss how the Fed loans money to banks and the government, which must be paid back with interest. The speaker questions where the Fed gets its money and reveals that it is printed by the United States Mint. They argue that the Fed's control over printing money is unconstitutional and leads to the devaluation of the dollar. The speaker also mentions a secret meeting in 1910 where the plan for the Federal Reserve was devised. They criticize the creation of the IRS and how taxes are used to pay back the Fed's debts.

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Speaker 0 presents a sequence of large-scale financial figures: - From 1998 to 2015, undocumentable adjustments at DOD and HUD amount to 21 trillion. - Bailouts between 2008 and 2012 amount to 29 trillion. - Adding 21 trillion and 29 trillion yields 50 trillion. - Going direct injections after the going direct reset began in 2019 during the pandemic amount to another 5 trillion, bringing the total to 55 trillion, not counting quantitative easing. - He concludes, “we don't have a financial problem. We have a bank robbery.” - He notes that in the annual wrap-up, a new chart was created and released on social media showing the numbers.

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In 1994, the New York Fed and the Federal Reserve bought shares in the Bank of International Settlements (BIS). The BIS is described as the central bank of central banks in Sweden/Switzerland, said to operate above the law, with sovereign immunity, the ability to receive and hold money secretly, and to keep money on its balance sheet secretly. The Fed’s purchase allegedly made their relationship with the BIS closer. In 1995, a budget deal “crashed and burned,” and in October there was a claim from the president of the largest pension fund that “they, whoever they are, have given up on the country and moving all the money out starting in the fall.” It was around October 1997 that money purportedly began to go missing from HUD and the Department of Defense. The speaker asserts that from 1998 to 2015, $20,000,000,000,000 was missing from COD and $1,000,000,000,000 missing from HUD. With money going missing, the speaker describes the onset of the “great poisoning.” The argument continues that the next month after the budget deal collapse, OxyContin was approved, HUD predatory lending began, pill mills started, and targeting of low-income neighborhoods intensified, with roundups from the private prison movement. The speaker notes undocumentable adjustments rising sharply. By 09:11, the speaker claims, a reporter had been covering missing money and a large spread was planned for Insight magazine about $3,300,000,000,000 missing, demanding accountability and identifying which private corporations and banks ran the payment systems. The story was expected to run on 09/15/2001. On 09/10/2001, Donald Rumsfeld held a press conference at the Department of Defense stating that the DoD was missing $2.3 trillion (or $3 trillion, depending on version). The next day, 9/11 occurred. James Corbett later released a video, “Nine Eleven Trillions,” describing how offices blown up at the Pentagon and World Trade Center related to securities and financial operations connected to the missing money. The speaker asserts that the Pentagon office blown up housed the Office of Naval Intelligence Research Group investigating the missing money. The Patriot Act followed, DoD received large appropriations, and attention to missing money diminished. Fast forward to 2015, the financials allegedly showed the greatest missing money in one year: the DoD was missing $6.5 trillion in that year. Dr. Mark Skidmore, a budgeting expert at Michigan State University, investigated, and, after reviewing DoD financials, confirmed substantial undocumentable adjustments. He contacted the speaker to help conduct a complete survey of all financial statements from fiscal 1997 to 2015. The survey yielded figures increasing from $12 trillion to $21 trillion missing. When Skidmore published his 2017 report (at missingmoney.solari.com), it was found that the amount missing from the U.S. Treasury matched the total outstanding debt of the United States on the books—$21 trillion. Authorities reportedly pressed the DoD to produce audited financial statements; DoD refused. The Kavanaugh hearings are cited as the moment when the Federal Accounting Standards Advisory Board (FASB) Statement 56 was issued, allowing the government to keep books secret as a matter of administrative policy, extending to private companies and banks doing business with the government. The result, according to the speaker, is that much of the disclosure in the U.S. securities market is meaningless due to government secrecy. The speaker notes that COVID-19 operations could not have happened without FASB 56, claiming it enabled access to unlimited secret money. A quoted anecdote is that one month after FASB 56 passed, Moderna reportedly raised $500,000,000.

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The speaker discusses the national debt and how it has grown over the years. They question who the debt is owed to and how it is being paid back. They explain how the Federal Reserve system works and how it controls the money supply. The speaker also highlights the manipulation and control that banks have over the economy. They emphasize the negative impact of debt on individuals and society as a whole. The speaker urges listeners to be aware of the system and make changes in their own lives to avoid falling into debt.

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The speaker discusses the national debt and how it has grown over time. They question who the debt is owed to and how it is created. They explain how the Federal Reserve system works and how it controls the money supply. The speaker also highlights the impact of debt on individuals and society, emphasizing the need to break free from the cycle of borrowing and interest. They urge listeners to be aware of the manipulation and control exerted by banks and to strive for financial independence.

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The speaker claims that high taxes are not the core financial problem in the United States. They argue that taxes don't truly fund the government, which is instead financed by treasury bonds purchased by the Federal Reserve. The Fed buys these bonds by printing money, which is backed by the bonds themselves. Taxes exist, according to the speaker, to maintain the illusion of government funding. The speaker contends that the government is funded by printing money backed by paper, creating a bubble. If the public were to realize this, confidence in the dollar would collapse, potentially leading to the fall of Western civilization. The speaker urges the next president to implement necessary policy and structural changes to avoid this outcome.

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High taxes in the U.S. are often blamed for financial issues, but the real problem lies in how the government is funded. While taxes are high, they don't truly finance the government. Instead, the government relies on treasury bonds, primarily purchased by the Federal Reserve, which prints money to buy them. This creates an illusion of funding through taxes, but in reality, the government is financed by money printed out of thin air. If people understood this, confidence in the dollar could collapse, leading to severe consequences for Western civilization. Urgent policy changes are needed to prevent a financial crisis similar to past mistakes. There’s still time to act before the situation worsens.

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The speaker explains Social Security in terms of deductions, retirement timing, and the perceived value of benefits. They state that about $25,000 is taken from each paycheck annually as a non-optional contribution for retirement. This deduction continues for roughly fifty-two years, assuming continued employment. By the time a person reaches retirement age, which the speaker notes “keeps getting pushed back,” the total contributions appear to amount to about $1,300,000 of the individual’s own money. The speaker then describes the retirement period, using an example where retirement occurs at age 65. They claim that after contributing more than a million dollars over a working lifetime, the retiree is given about $1,600 each month in Social Security benefits, which the speaker converts to roughly $19,000 per year. They extend the scenario to cover fifteen more years of life, around age 80, stating that during that entire span Social Security would have paid back roughly $288,000 of the $1,300,000 that was taken. From these numbers, the essential question the speaker raises is: where did the other million dollars go? They argue that the family does not receive it, it is not passed down, and it does not return to the retiree in any other form. Instead, the speaker asserts that the money “disappears into the system.” The claimed mechanism is that Social Security finances are “spread the taking across a lifetime so you never feel robbed,” while the benefits received are labeled as a “benefit,” or a favor, rather than a direct repayment of the contributions. The speaker emphasizes that, per person, the missing money accumulates quickly, and once the math is examined instead of the promise, it becomes difficult to view the program as primarily about helping someone retire. The presentation concludes with a caveat that this is a theory, not a fact, signaling that the statements are presented as a perspective rather than an established truth. Key figures highlighted include: $25,000 annual payroll deduction; approximately $1,300,000 contributed over about 52 years; retirement benefits of about $1,600 per month ($19,000 per year); total benefits over 15 additional years totaling around $288,000; and the assertion that roughly $1,000,000 of the contributed funds do not get returned to the individual or their family. The overarching claim is that the apparent discrepancy between contributions and received benefits calls into question the nature of Social Security as a retirement program, described here as a theory rather than a fact.

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The speaker discusses the issue of taxes and the lack of transparency in how the government uses the money. They argue that this is a sign of the United States moving towards fascism, as private corporations are increasingly running governmental operations. The speaker also mentions that pension and retirement funds are investing in these corporations, but there is no reporting back on where the money goes. They bring up the example of S&P downgrading the US Treasury in 2011 and how the Department of Justice went after them, suggesting that rating agencies can no longer rate the US Treasury due to the potential consequences.

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The speaker claims $5 trillion in untraceable payments exist with no record of where the money went. They allege Social Security sent out $72 billion in bad checks, and the head of Social Security resigned. The speaker finds the resignation suspicious. Speaker 1 asserts there is no waste in the Pentagon, Treasury, or HHS. Speaker 1 asks why Speaker 0 is not celebrating cuts and reforms if they agree there is waste, abuse, and corruption. Speaker 1 claims billions of dollars are being saved. Speaker 0 attempts to calm Speaker 1 down, stating they are not having a debate. Speaker 1 insists they are not trying to debate and will speak freely about saving Americans billions of dollars.

The Rubin Report

CNN Host Actually Thought She'd Outsmarted Shapiro, Until He Asked This
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After a month away, The Rubin Report returns with a brisk examination of how online communities intersect with traditional media. Clips of Ben Shapiro on Abby Phillips’ CNN segment illustrate a core tension: hawkish foreign policy versus media narratives, and the way the audience may receive different versions of reality depending on where they watch. Rubin argues the collision between online voices and televised punditry reveals a broader gap between algorithm-driven audiences and TV formats that tend to simplify complex ideas. The discussion highlights how online discourse often feels more real to many viewers, even as it travels through a different gatekeeping system. Ben Shapiro’s pushback against Abby Phillips anchors a perceptual split Rubin keeps returning to: the online world is more willing to expose contradictions, while TV hosts distill conflicts into a narrative with clear villains. The segment revisits how foreign policy debates are framed, how double standards are invoked, and how audiences respond when a prominent online voice challenges a mainstream reporter. The bottom line Rubin emphasizes is that the friction between these media ecosystems shapes public perception, influence, and the speed at which ideas move from digital feeds to prime time. Economic themes surface as the conversation turns to Social Security and the nation’s long-term debt. Shapiro argues that Social Security is not a blank check and that longevity increases the system’s cost, while benefits often exceed what workers contribute over a lifetime. Abby Phillips counters, and Rubin walks through the logic: government borrowing to pay benefits compounds the deficit, and demographic shifts amplify the pressure. The exchange clips into a broader debate about defense spending, entitlements, and how policy choices in Washington shape household finances. Beyond domestic policy, the show surveys global discourse on crime, immigration, and free speech. Rubin notes a push‑pull between federal intervention and local governance in Chicago, where six people were killed and dozens more shot over a weekend, and he questions the optics of political posturing from Chicago’s mayor and Illinois’s governor. The Minneapolis Catholic school shooting is discussed with victim names and the shooter’s identity, and European voices warn that immigration and crime are reshaping public life while free speech protections collide with online enforcement. The episode closes with a reminder that shared American values can endure amid polarized rhetoric.
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