In 48 hours EVERYTHING changes for the U.S., Trump is Ready - Elon Musk’s Last WARNING
- 00:00 I mean frankly I can't believe I'm here doing this. It's kind of bizarre. You know there's been a tremendous amount of of Wast and for in the in the government um you know when you're part of the government. You you you saw a lot of that and and it's and there there's been uh you know if you look at the Inspector General reports and the government accountability office um. Th there have been many audits that have pointed out uh that there's tremendous amount of waste and for in the government. In fact there was a report uh issued by by the ga GAO. The government accountability office um last year so dur during the Biden Administration which estimated the the federal government fraud to be uh half a trillion dollars so just to be clear that's that's not a trump Administration thing. That's a Biden Administration thing so what we're trying to do is uh get that number down to a much smaller uh figure um save money for the American taxpayer. Uh stop money being spent on things that are that I think very few tax SP would agree makes sense um and uh the president gone through a long list of of ofur things. Elon Musk sounds the alarm on America's Financial chaos exposing half a trillion dollars in government waste and fraud from bloated bureaucracies to unchecked spending on NOS musk breaks down how taxpayer money is Vanishing into a black hole and why politicians don't want to fix it. Why is Washington. Ignoring this crisis how did interest payments on the national debt surpass the entire defense budget and is America heading toward economic collapse if nothing changes musk doesn't just talk. He's taking action watch now for his eye-opening breakdown of what's really happening behind closed doors right well. We just basically uh follow the money uh you know.
- 01:53 We look at the president's executive orders um and and we also just follow the money. So we started looking closely at your C because they were completely violating the president's executive orders uh to suspend uh foreign foreign aid. You know what what's called foreign aid but in our view is a lot of corruption um. So what we saw. There is just a tremendous amount of money being sent uh to uh non-governmental organizations but actually. It's a this by the way is I think one of the biggest sources of fraud in the world is government funded non-governmental organizations. This this is a gigantic fraud Loop pole uh where the government can give money to um an NGO uh and then that that there are no controls over that NGO. So they've given billions of dollars in that we estimate tens of billions of dollars to NOS that are essentially scams. When people criticize say what doge is doing. We say well which part specifically because we put all of the actions of do of the Doge team on the Doge Dogo website um and on the Doge handle on X so we post the receipts. So it's like this. This action has been taken. This action has been taken so when when we get criticism we say like of what of what which which line do you disagree with like which which C which cut which cost saving do you disagree with and then people usually can't think of any no uh you know so. It's transparent line by line. It's transparent line by line which is quite remarkable right and so and and then with respect to U the treasury. For example um we we the the two main recommendations we uh suggested which have now been implemented was that any payments going out of the treasury um especially the treasury's main payment computer which is called PM um uh think it's like payments account manager or something like that. But it's like almost 5 trillion a year so about a billion an hour um that the payments uh be coded with the Congressional appropriation and that there be an explanation for the pay very basic stuff um and just doing that we estimate we'll save $100 billion a year.
- 04:05 We're really uh trying to be uh sort of will refer to ourselves as as tech tech support you know we're really U helping the uh Department uh get a handle on things because what actually happens here is you've got this. This sort vast Federal bureaucracy and then you've got this a very thin layer on top of the the of the politically appointed officials um and what tends to happen is that the bureaucracy frankly is in control um and they largely ignore the the politically appointed people. The president is the elected representative of the people and if the president cannot get things implemented as a reflection of the will of the people then what we have is not a democracy. We have a bureaucracy. We have rule of the bureau not rule of the people and that's what we're trying to defeat. Here is uh the bureaucracy and have rule of the people um. You know the uh and as you mentioned the uh. The bureaucracy is overwhelmingly uh Democrat. So uh Washington DC was 92 and a half% I believe voted for CA. So this overwhelmingly uh a de a deep blue situation. I mean frankly. I can't believe I'm here doing this. It's kind of bizarre. But I I kind of think that the you we've got this enormous federal budget deficit and it's a it's a true trillion dollar deficit. It keeps growing um our interest. Payments are higher than our defense department budget that's that's I think was the real wakeup call for me was looking at seeing that the interest payments on national debt exceeded the defense Department budget and that was only growing over time which meant if if we didn't do something about this uh then there won't be any money for anything we'll just be servicing debt.
- 06:12 I'm just here trying to make uh government more efficient uh eliminate waste and fraud and so far we're making good progress actually. So our uh savings at this point exceed uh $4 billion a day mhm. So it's it's pretty significant. I mean I think we can sort of look at this as a complaint minimization optimization so so basically if the government sends money out to whether it's a waste FL or for filant nobody complains if they receive money. But but they do they do complain if they don't receive money and the people that complain the loudest are the ones receiving the the fraudulent money I mean just like so the goal. The goal here is let's not have America go bankrupt uh with waste and fraud um so that's what I'm here for. And uh we're making good progress well. We're we're just getting things done as opposed to writing a report like say reports don't mean anything you just you got to actually take action yes um so the I mean the the waste ort in in entitlement. Spending you know which is all of the which is most the federal spendings entitlements um so that that's that's like the big one to eliminate.
- 07:31 That's the sort of half trillion maybe 6 700 billion a year. So this is why the Democrats are so upset about the situation because they're losing you know if we turn off this gigantic money magnet uh for illegal immigrants. Then they will leave and they'll lose voters without the president's support. We couldn't we couldn't make any progress here um but um yeah. I mean where you'll see the biggest outcry is from the the the Democrats who are um. They don't want the waste and P to be turned off because it is uh a gigantic magnet to attract illegal immigrants and have them stay in the country. Um I mean you see some of the crazy stuff like where money from FEMA you know which is meant. FEMA is an agency that's meant to take care of Americans in distress um and a bunch of their money was being sent to pay for luxury hotels in New York for illegal immig and and that was happening even after the president was elected and even after he signed an executive order saying that needs to stop so we actually made sure that that money did stop going because it's obviously. It's outrageous that American taxpayer money is spent on luxury hotels for legals. But you have to say like why was that being done. We simply cannot sustain as a country $2 trillion deficits. The interest rates that just the interest on the national debt now exceeds the defense Department's spending. We spent a lot on the defense department but we're spending like over a trillion dollars on interest. If this continues the country will become de facto bankrupt. It's not an optional thing. It is an essential thing best. The reason I'm here if we don't do this America will go bankrupt. That's why it has to be done and I'm confident. At this point we can actually find a trillion dollar in savings that would be roughly 15% of the $7 trillion budget and obviously that can only be done with the support of everyone.
- 09:33 In this room I'd like to thank everyone for your support. Thank you very much this. This can only be done with with with your support so this is. It's really do. It's a support function for the president and for the the agencies and departments to help achieve those savings and to effectively find 15% in reduction in caud and and waste and and we bring the receipts. So people say like well is this real just go to Doge du go we we item by light on WE specify each item. We will make mistakes. We won't be perfect but when we make mistake we'll fix it very quickly he reveals shocking inefficiencies dead people on payrolls fictional employees collecting government checks and departments that can't even respond to a basic email. His solution radical transparency accountability and a Relentless pursuit of savings but will Washington Embrace real change or is the system too broken to fix but we do need to move quickly uh. If we're if we are to achieve a a trillion deficit reduction uh in in financial year 2026. It requires saving uh $4 billion per day every day from now through the end of September. But we can do it and we will do it. President Trump has put together I think the best cabinet ever this. This is an incredible group of people. Uh I don't think that such a talented team has actually ever been assembled. I think it's literally the best cabinet that the country has ever had and I think the compan should be incredibly appreciative for the people. In this room.
- 11:10 I think that email perhaps was misinterpreted as a performance review but actually it was a pulse check review. Do you have a pulse do you have a pulse and two neurons so if you have a pulse and two neurons you can reply to an email. This is you know. I think not a high bar is what I'm saying this is should be any could this but what we are trying to get to the bottom of is. We think there are a number of people under the government payroll who are dead which is probably why they kept respond and some people who are are not real people like they're literally fictional individuals that are collecting paycheck well. Somebody's collecting paychecks on a fictional individual. So we're just literally trying to figure out are these people real are they alive and can they write an email which I think is a reasonable expectation for theer you. The American public would have at least that expectation of someone in the public seent I guess. It was like last week. President encouraged me by a TR social and also by a phone call to be more aggressive and I was like okay you know yes sir Mr President. We will indeed do that the president is the commanderin-chief I I do what the president asks so and I said can. We send out an email to everyone just saying what did you get done last week. The president said yes so it did did that and you know we got to a partial response. We're going to send another email but are is not to be capricious or or unfair uh. It's we want to give people every opportunity to send an email and the email could simply be uh what I'm working on is too sensitive or classified to to describe like Lally just that would be sufficient.
- 12:46 You know. I think this is just common sense. We wish to keep everyone who is doing a job that is essential and doing that job well. But if the job is not essential or they're not doing the job well they obviously should not be on the public. Baral I will never dream of your love to take me. There you take me there you.
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In 48 hours EVERYTHING changes for the U.S., Trump is Ready - Elon Musk’s Last WARNING
Government Fraud and Spending
π¨ Q: How much federal government fraud was estimated in the 2024 GAO report?
A: The Biden Administration estimated $500 billion in federal government fraud according to the 2024 Government Accountability Office (GAO) report, highlighting the need for increased transparency and accountability in government spending.
πΈ Q: What is a significant source of government fraud?
A: Government-funded NGOs are a major source of fraud, with billions sent to scams that have no controls, as revealed by Inspector General reports and GAO audits.
National Debt and Economic Concerns
π° Q: How do federal interest payments compare to the defense budget?
A: The federal government's interest payments on the national debt have surpassed the entire defense budget, with over $1 trillion spent on interest, making it an essential issue to address to prevent economic collapse.
Government Accountability
π️ Q: What issues exist with the Department of the Treasury's payment system?
A: The Treasury's payment system is unaccountable, with payments coded without Congressional appropriation and no explanation, potentially resulting in $100 billion annual savings if basic transparency measures were implemented.
Political Landscape
π³️ Q: What is the political makeup of the federal government bureaucracy?
A: The federal bureaucracy is overwhelmingly Democrat, with 92.5% of Washington DC voters supporting the Democratic party, highlighting the need for bipartisan solutions to address government waste and fraud.
Trump Administration
πΊπΈ Q: How does the speaker view President Trump's cabinet?
A: The speaker claims President Trump's cabinet is "incredibly talented" and "the best team ever assembled", emphasizing the importance of strong leadership in addressing government inefficiencies.
Summary for: https://youtu.be/Xg3QjI9PKzM by Noiz — Download YouTube Subtitles
In 48 hours EVERYTHING changes for the U.S., Trump is Ready - Elon Musk’s Last WARNING
Government Waste and Fraud
π¨ Q: How much government waste and fraud was estimated during the Biden Administration?
A: The Government Accountability Office (GAO) estimated $500 billion in government waste and fraud during the Biden Administration.
πΈ Q: What specific issue with non-governmental organizations was identified?
A: Tens of billions of dollars were sent to non-governmental organizations that are essentially scams, with no controls over how the money is used.
Cost-Saving Measures
π» Q: What simple coding change could save billions in government spending?
A: Coding payments with Congressional appropriation and providing an explanation for the payment can save $100 billion annually.
π Q: How much could be saved by addressing waste in entitlement programs?
A: Eliminating waste and fraud in entitlement programs could save $500-700 billion annually, helping reduce the $2 trillion deficits.
Trump Administration Goals
π― Q: What is the Trump cabinet's deficit reduction goal?
A: The Trump cabinet aims to achieve a $1 trillion deficit reduction in fiscal year 2026 by saving $4 billion per day through September.
Transparency and Accountability
π Q: What approach is suggested to expose government inefficiencies?
A: Radical transparency, accountability, and relentless pursuit of savings can expose issues like dead people on payrolls and fictional employees collecting checks.
Summary for: https://youtu.be/Xg3QjI9PKzM by Noiz — Transcript From YouTube Video
In 48 hours EVERYTHING changes for the U.S., Trump is Ready - Elon Musk’s Last WARNING
Government Fraud and Spending
π¨ Q: How much federal government fraud was estimated by the Biden Administration?
A: The Biden Administration estimated federal government fraud to be $500 billion in a report issued by the GAO last year.
πΈ Q: What's the issue with government-funded NGOs?
A: Government-funded NGOs are described as a "gigantic fraud loop" where the government gives money with no controls, resulting in estimated scams of tens of billions of dollars.
National Debt and Entitlement Spending
π° Q: How does interest on the national debt compare to defense spending?
A: Interest payments on the national debt have surpassed the entire defense budget, growing over time, potentially leading to the country becoming "de facto bankrupt" if not addressed.
π³️ Q: Why are Democrats opposed to eliminating waste in entitlement spending?
A: Democrats are upset about efforts to eliminate waste and fraud in entitlement spending, estimated at $500 billion to $6.7 trillion per year, as it would "turn off the money magnet" for illegal immigrants and potentially lose voters.
Immigration and Taxpayer Money
π¨ Q: How was FEMA money being misused for illegal immigrants?
A: FEMA money was being sent to pay for luxury hotels in New York for illegal immigrants, even after the president signed an executive order to stop it, which the speaker argues should not be funded by American taxpayers.
Presidential Cabinet
π️ Q: How does the speaker view the president's cabinet?
A: The speaker claims the president's cabinet is "incredibly talented" and the best ever assembled, and should be "incredibly appreciated" for their work in achieving savings.
Summary for: https://youtu.be/Xg3QjI9PKzM by Noiz — YouTube Summary With ChatGPT & Claude
Elon Musk highlights the urgent need for accountability and transparency in government spending to combat significant waste and fraud, which could lead to economic collapse if not addressed.
- 00:00 π° Elon Musk warns of $500 billion in government waste and fraud, urging accountability to avert economic collapse.
- There is significant waste and inefficiency in the government, as highlighted by various audits and reports.
- Elon Musk highlights half a trillion dollars in government waste and fraud, questioning why politicians ignore the financial crisis and emphasizing the need for accountability to prevent economic collapse.
- 01:53 π° Significant corruption in foreign aid is exposed, while the Doge team responds with transparency and plans to save $100 billion annually.
- The speaker highlights significant corruption in foreign aid, particularly through government-funded NGOs that lack oversight, resulting in billions of dollars potentially being misused.
- Doge team addresses criticism by providing transparent, detailed records of their actions and has implemented recommendations to save $100 billion annually from treasury payments.
- 04:05 ⚠ Efforts are being made to prioritize the people's will over bureaucratic dominance, as concerns grow over the federal budget deficit surpassing defense spending.
- Efforts are underway to challenge the dominance of a bureaucratic system that undermines democratic representation by prioritizing the will of the people over political appointees.
- Washington DC's overwhelming support for California highlights a growing concern over the federal budget deficit, where interest payments on national debt now exceed the defense budget, threatening future funding for essential services.
- 06:12 π° Efforts to eliminate waste and fraud in government spending are yielding over $4 billion in daily savings, aiming to prevent bankruptcy from entitlement misuse.
- 07:31 π° Democrats fear losing voters if financial aid for illegal immigrants is cut, while the U.S. faces imminent bankruptcy from $2 trillion deficits, requiring $1 trillion in savings.
- Democrats are concerned about losing voters if financial support for illegal immigrants is cut, as it serves as a significant incentive for them to remain in the U.S.
- The U.S. faces imminent bankruptcy due to unsustainable $2 trillion deficits and rising interest payments, necessitating a collective effort to find $1 trillion in savings.
- 09:33 π‘ Radical transparency and accountability are essential for achieving significant government savings and addressing inefficiencies, but it remains uncertain if Washington will embrace the necessary changes.
- 11:10 ⚠ Concerns grow over potential fraud in government payrolls, prompting the President to demand better communication and updates from the team.
- Concerns are raised about potentially deceased or fictional individuals on government payrolls who may not be fulfilling basic communication expectations.
- The President urged a more aggressive approach in communication, prompting the team to request updates from everyone on their recent work, allowing for sensitive or classified responses.
- 12:46 π Essential workers should be retained, while those not performing well or in non-essential roles should be let go.
Summary for: https://youtu.be/Xg3QjI9PKzM by Noiz — YouTube Transcript Generator
