What’s transpiring with the nation’s financial landscape under the Biden administration? It appears the public purse is subject to manipulation by a cadre of corrupt individuals within the so-called Deep State—an observation that is hardly new.
The U.S. government, bolstered by lobbyists and insiders, has been draining its resources for many years. Although attempts were once made to conceal these actions, they have devolved into unabashed misappropriation.
Elon Musk, the notorious DOGE influencer, claims that during Biden’s tenure, the federal government distributed hundreds of billions to fraudsters and fictitious entities. The destination of these funds, particularly when allocated to non-existent individuals, remains perplexing.
Estimates from the Government Accountability Office reveal that the U.S. government made $236 billion in improper payments in fiscal year 2023. These improper payments refer to funds that should not have been distributed or those that were issued in incorrect amounts.
Remarkably, this $236 billion reflects an improvement from fiscal year 2022, which saw an estimated $247 billion in improper payments. Furthermore, these figures do not encompass the Department of Health and Human Services’ Temporary Assistance for Needy Families—an initiative notably plagued with fraud.
Musk is frustrated by this rampant fraud and waste. He advocates for efficiency and seeks to uncover the truth behind these exorbitant sums of money. His desire to halt wasteful spending aligns with the improvements that American workers and taxpayers have long sought.
But why is Musk taking a stand now? What motivates his involvement?
To Mars, and Beyond
As the world’s richest man, Musk had an extraordinary year in 2024. According to Fortune, his net worth soared from $229 billion at the beginning of the year to $442 billion by year’s end—an astonishing increase of $213 billion.
The article notes that this substantial gain was largely influenced by Musk’s relationship with Trump, suggesting that his wealth surged following Trump’s presidential success. But is this coincidental?
Musk’s bond with Trump does grant him considerable sway within the President’s inner circle. However, does this partnership primarily revolve around financial interests? What is Musk’s ulterior motive?
Musk harbors grand ambitions of reaching Mars, viewing it as crucial for the survival of humanity. He champions this endeavor as “life insurance for life.” The overarching goal is for humans to persist on Mars in the event that they cease to exist on Earth.
His timeline for this monumental journey aims to send humans to Mars by the decade’s end. But once they arrive, what will they do? Will they seek shelter, locate water sources, cultivate crops, or even establish community spaces? The logistical challenges of Martian colonization are vast.
So why does Musk invest time in aligning with Trump? Is it merely for financial gain and influence?
Retribution
Musk openly acknowledges his Asperger’s syndrome and admits to his social awkwardness. He often misreads social cues and displays intense focus, but this intensity can also make him unpredictable.
He has a tendency to speak his mind, often at inopportune moments, and expresses little patience for nonsense. This attitude places him at odds with the establishment.
In this current era, elites are preoccupied with causes steeped in ideology—Diversity, Equity, and Inclusion (DEI), Environmental, Social, and Governance (ESG) principles, gender issues, and Critical Race Theory (CRT) among others. Musk perceives much of this as absurd—and he’s unafraid to vocalize this perspective. After acquiring Twitter, now rebranded as X, he utilizes the platform to challenge mainstream narratives constantly, earning significant criticism in the process.
Many of his detractors label him arrogant and brash, accusing him of being a bully, or even more harshly, a “Nazi.” They contort his influence and wealth into accusations of overreach and disregard for regulations.
Musk’s contentious relationship with his critics has fostered a desire for retribution. Rather than contentment with his vast wealth, he seeks to counter the Deep State, aiming to halt the flow of government funding that has historically benefitted its operatives.
Breaking the Deep State
“My preferred title is just ‘Tech Support,’” Musk declared on X recently.
In just three weeks into Trump’s administration, Musk and DOGE have already initiated significant actions to dismantle the Deep State’s grip. He has gained access to federal payment systems, dismantled an entire agency, and presented federal employees with a stark choice: resign or face termination. Over 40,000 individuals have heeded his ultimatum.
Musk has branded USAID, an agency previously responsible for disbursing billions in taxpayer funds, as a “criminal organization.” In fiscal year 2023, USAID alone paid out $44 billion, with $16 billion directed to Ukraine. This agency was also known for its funding of media organizations such as Politico, the Associated Press, and the BBC, among others.
The Deep State supporters are in a state of panic. Ilhan Omar expressed concern, stating this is “what the beginning of dictatorship looks like!” Jamie Raskin claimed Musk’s actions signify “illegal seizure of power over the financial payment systems of the United States Treasury.” Musk responded by asserting:
“What Raskin actually means is that he wants kickbacks and bribes to continue.
“US lobbying/law firms who launder foreign donations need to be investigated and shut down.”
The era of USAID’s slush fund, piled with fraud at taxpayer expense, has officially ended. Musk and DOGE are now shifting their focus to the Medicare payment systems.
“This is where the big money fraud is occurring,” Musk stated.
Legal battles are already brewing, but these challenges will likely illuminate the pervasive corruption that has flourished for decades under the Deep State’s influence. Musk’s endeavor to dismantle this power structure is underway.
We support his initiatives.
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Sincerely,
MN Gordon
for Economic Prism
