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Few entrepreneurs have achieved as much as he has, demonstrating remarkable executional excellence akin to Steve Jobs. His ideas about government merit attention, as they are beneficial for everyone. If he claims he can save $2 trillion in spending, I believe him, given the significant waste in federal government spending that we all witness. This is a bipartisan issue; we all recognize the inefficiencies. If we empower him with a mandate, history shows he delivers results. He has consistently accomplished extraordinary things. We should leverage this potential.

Elon and I have resolved our differences after a long chat at one of our conferences. I admire his work with SpaceX, Tesla, and Neuralink, and I want to support him and his companies. Many people view the government as ineffective, especially regarding issues like inner-city education and stagnant income for the bottom 20% over the past two decades. We deserve a better government, and simply sending more money to Washington won't solve the problem. Government needs to be more accountable and efficient, focusing on outcomes. It's a complicated system, but I hope we can contribute positively to it.

People are saying Elon is going to steal everyone's money, but that's not what he's doing. He's a super genius who's been messed with by three-letter agencies. Because he helped Donald Trump get into office, he started looking into corruption. These agencies messed with the wrong guy because Elon is going to hunt them down and find out what's going on. This is a good thing for everyone. We have a brilliant mind examining these corrupt systems and bringing in a bunch of smart people to help.

The federal government isn't a company to dismantle. It requires constitutional adherence, not a Shark Tank takeover approach. The government is fat and hasn't been scrutinized in a century. An individual is willing to do this work for free, but isn't cutting enough. In private equity, when dealing with a broken company, you cut deep and fast, then rehire. He should cut 20% more. It's all fat and waste. You can't be surgically precise, you have to cut more because you don't know. We've never audited government for a hundred years.

I split my time evenly between Tesla and SpaceX. I speak with conviction, just like when I was broke. Success for Tesla is accelerating the advent of electric cars by at least 5 years. We weren't supposed to make it past 25, but we're still alive. We don't care what people say.

To Elon and Vivek, my advice is straightforward: cut to the chase. In Argentina, we've delegated powers from Congress to the executive branch, allowing us to make swift changes. Our regulation minister has a counter showing how many days these powers remain in effect. We have divisions focused on deregulation, cutting public spending, and reducing government structure. Daily, we eliminate around 15 economic restrictions. My recommendation is to push limits and remain vigilant. This agenda isn't politically motivated; it’s about removing privileges. While some will complain, those losing privileges must justify their stance to society, which can be uncomfortable for them.

To understand Elon Musk's impact on the federal government, look at his actions at Twitter. He reduced expenses, leading to lower tax revenue needs. Increased profitability at Twitter suggests similar potential for the government, allowing for debt reduction and increased service provision. However, this isn't just about money; it's about the direction of funds. Government spending allegedly fuels discord and supports destructive activities, funding organizations that promote censorship and unrest. Infowars claims to offer truthful reporting, contrasting with other media outlets. They emphasize the importance of supporting independent media to counter globalist influence, urging viewers to purchase products and become VIP members to help sustain their broadcasts.

I spent over an hour and a half with Vivek and Elon, discussing numerous ideas that left us both laughing and shaking our heads at the waste we uncovered. It's clear that the introduction of Doge is timely. We're committed to implementing pro-growth economic policies while also tackling government waste, fraud, and abuse. Our system is shifting from a democracy to a bureaucracy, and that needs to change.

Elon Musk is a remarkable figure with his ventures in SpaceX, Tesla, and Neuralink. It's rational to view our government as ineffective, and simply sending more money to Washington won't improve it. We deserve a government that is accountable and efficient, focusing on outcomes department by department. The federal government is complex, and while it will be challenging, I hope to contribute positively to its improvement.

During our last discussion, we focused on freedom and the stakes for the U.S. in the upcoming election. I admire a particular individual for his unconventional intelligence and charm. He is closely engaged with our ministry of deregulation, which aims to eliminate regulations. He collaborates with another individual who shares a similar approach, and they plan to replicate our model from Argentina. Donald Trump is also enthusiastic about reducing regulations and cutting public spending, which promotes more freedom for the people. I am optimistic about Trump's victory, believing it will benefit the United States, Argentina, and the world. Overall, the world is in a better place now than it was just a few days ago.

There's a lot of inefficiency in government that needs addressing. When it comes to which agencies to shut down, I'll let Elon Musk share his thoughts, as he's eager to discuss this. Musk is not just known for his work in science and rockets; he's also an excellent businessman and cost cutter. He often shares innovations, like a new titanium screw he's developed, which showcases his focus on efficiency and improvement.

The speaker says they are aligned with Elon Musk's actions and that moving fast is necessary to overcome vested interests in Washington D.C., where 25% of the U.S. GDP pulsates. Musk believes he's taking back the American people's cheese, not just moving someone's cheese. Changes cause immediate perception of cuts, while benefits take months to materialize. The speaker clarifies it's the Department of Government Efficiency, not extinction, aiming to improve operations without demonizing federal employees. Major savings will come from reducing reliance on contractors. One firm, Booz Allen, receives 98% of its revenue from the government, indicating poor risk management. Despite rules for six-month contracts, some individuals have been in place for twenty years through continuous renewals. The administration's transparency is crucial for taxpayers to understand the extent of the "grift."

The speaker says they are aligned with Elon's actions and that moving fast is necessary to overcome vested interests. Within a ten-mile radius, 25% of the US GDP pulsates, and everyone wants to "skim a little." Elon believes he's moving the American people's cheese, not someone else's. Changes cause people to come after Elon and the administration, and the benefits of cuts aren't immediately visible, creating a perception challenge. The speaker clarifies that it's the Department of Government Efficiency, not extinction, aiming to improve government operations without demonizing federal employees. Two significant savings will come from cutting contractors. One organization, Booz Allen, receives 98% of its revenue from the government, indicating a risk management failure and entrenched interests. Despite a six-month contract limit, some individuals have been in place for twenty years through repeated contracts. The administration's transparency in exposing this "grift" is crucial for taxpayers to understand the extent of the issue.

People paint me as an oligarch trying to raid the government for wealth, but since joining the administration to improve government efficiency, my net worth has dropped by $133 billion. Besides the financial hit, there's been vandalism targeting Tesla across the country, like Molotov cocktails at dealerships and burned charging stations. Tesla's stock recently experienced its biggest one-day drop since September, marking the seventh consecutive week of losses. So, why make these sacrifices? While wealth, power, and fame motivate many, I already possessed these before my current role. This initiative has only cost me personally. Therefore, consider that, much like my goals of putting a man on Mars or electrifying vehicles, I view this as a mission to put the United States on sound financial footing.

To understand Elon Musk's actions with the federal government, look at his Twitter takeover. He implemented cost-cutting measures: mass layoffs, reduced real estate, and employee buyouts—similar to a recent federal government email. This mirrors his "zero-based budgeting" approach. While Twitter's revenue decreased after these changes (partially due to an advertising boycott), its profitability increased significantly. Adjusted EBITDA rose from $682 million to $1.25 billion, even with reduced revenue. This demonstrates that eliminating unnecessary spending can increase profitability, leading to taxpayer savings and reduced government debt. Ignoring the negative narrative, Musk's methods could benefit the federal government, resulting in lower taxes and improved services for the American people.

I recount a meeting I had with a board at Safeguard Scientifics, where a firm co-located with them had a board member present. I demonstrated what was possible if we reengineered the government money, arguing there was enormous opportunity to build vast financial equity gains and capital gains, and that pension funds could profit by reengineering how the federal budget worked to create a more productive economy. The president of the largest pension fund in the country attended and told me, “you don’t understand.” He explained that this is what they had tried to do when he was younger, working with a group of activists, and they were able to stop them. I naively said, “you didn’t have the Internet. You couldn’t get the learning speeds up locally high enough to jump the curve.” He froze, looked at me, and said, “you don’t understand. It’s too late.” I asked, “what do you mean it’s too late?” He replied, “it’s too late. They’ve given up on the country and they’re gonna move all the money out of the country starting in the fall.” He said, “you’ve got to get to Nick Brady.” Brady had been the chairman of the firm I was a partner at on Wall Street and later became secretary of the treasury in the first Bush administration, known as a leader in how the financial system runs. So the instruction was to get to Nick Brady. I thought the message meant we had been directed to reallocate equity in the pension funds to emerging market investments, which made sense because growth rates in Asia and emerging markets exceeded those in mature economies. But then, at the outset, he mentioned “they’re moving all the money out starting the fall.” That fall marked the beginning of fiscal 1998, when enormous amounts of money began disappearing from my old agencies, HUD and the Department of Defense. What I later came to believe, and we have a website dedicated to presenting documents and analysis on this, is missingmoney.salaire.com. I realized that what he was referring to was a financial coup—an attempt to end the system where bankers controlled monetary policy while the people’s representatives controlled fiscal policy, and instead move to a process in which bankers controlled both. Rather than pursuing new legislation, they would leverage debt, issue vast debt, and siphon money out the back door, effectively conducting a financial coup d’etat, which is what I think has happened.

In just under a month, the Department of Government Efficiency has already saved over $55 billion, and this is only the beginning. We're on track to eliminate trillions of dollars in waste, which will lead to significantly lower inflation and interest rates. This will also result in reduced payments on mortgages, credit cards, and car loans, and a much stronger stock market. I anticipate the stock market performing exceptionally well. Our strategy involves rapidly expanding the economy by significantly reducing the size of the federal government, and this is a crucial step we must take.

The panic in DC stems from the fact that we're cutting off the funding to politicians who prioritize personal financial gain over the American people. Elon Musk is being targeted because he's cutting off their lifeline. There is no reason why federal employees should get rich off their service. They're not screaming about other billionaires, they're screaming about Elon because he's hitting them where it hurts. Their reaction shows we've hit their Achilles' heel, and we will continue to hit them. We will address why our children are not educated, why they have an increase in ADHD, why our borders aren't safe, and why we have a fentanyl crisis. Elon is triggering insecurity because they're worried about us looking at exactly what they've done and how much they've made. And that is now stopping.

The West's only hope lies in observing the actions of Elon Musk, Donald Trump, and their associates. Keir Starmer's preference for a struggling Europe over a dynamic, deregulated America is concerning. Musk's actions are revealing widespread fraud within Western governments, a consequence of excessive central planning and quantitative easing. This central planning breeds fraud. By exposing and eliminating this fraud, Musk aims to unleash private enterprise, sparking innovation and growth, allowing the West to return to its strengths. We will innovate and grow again once we get rid of the fraud.

The speaker joined the Trump campaign and administration due to alarm over high government spending, unprecedented outside of war or recession. The Biden administration continued this spending, which was uncriticized due to its allocation towards green programs and overseas engagement. The current goal is to correct course by deleveraging the government and releveraging the private sector through spending cuts and lowered interest rates. Deregulating the banking system will allow banks to lend to the private sector, especially Main Street and community banks. As the government shrinks, the private sector will expand, with the private sector absorbing excess labor from the government.

At Elon Musk's suggestion, who has given his complete and total endorsement, a government efficiency commission will be created. The commission will conduct a complete financial and performance audit of the entire federal government and make recommendations for drastic reforms. Elon Musk has agreed to be on the task force.

We discussed specific areas with Elon Musk, and I'm encouraged by his disclosures. There's potential here that hasn't been fully realized. There's definitely pushback from those who would be implicated if the truth comes out. This town is crooked, and it looks like Elon Musk might be the one to straighten things out. I think using the decision package process is a good avenue to pursue. America will demand action. As for getting in touch with Musk, just send up the bat signal. I encouraged him to move as fast as possible. We also discussed the VA, specifically those 50 and older drawing checks. I believe waste, abuse, and fraud can offset the cuts, especially as people return to work. I'd like to see codification happen as soon as possible.

In under a month, the Department of Government Efficiency has already saved over $55 billion, and this is only the beginning. We're targeting trillions of dollars in waste, which will lead to significantly lower inflation and interest rates. This will also bring down payments on mortgages, credit cards, and car loans, while boosting the stock market. I believe the stock market is going to perform exceptionally well. Our strategy involves rapidly growing the economy by dramatically reducing the size of the federal government, a necessary step for our nation's prosperity.

The federal government isn't a company to dismantle like on Shark Tank; it must be run constitutionally, and the current administration is restoring services and jobs that have been disrupted. The government is fat and hasn't been scrutinized for a century. Finally, someone is willing to address the waste. However, cuts aren't deep enough. In private equity, when fixing a bankrupt company, you must cut severely and quickly, even 20% more than initially planned, then rehire to minimize trauma. There's so much waste in the federal government that needs addressing. You can't be surgically precise when auditing the government. You have to cut more because you don't know where all the waste is. We've never audited the government before.