Brent & Argus

Musk Exposes Washington’s Magic Money Machines

Contents

We all know the federal government isn’t exactly a model of efficiency. But even the most cynical among us probably aren’t prepared for just how absurdly wasteful it really is.

In a recent podcast with Senator Ted Cruz, Musk detailed a laundry list of inefficiencies, fraud, and financial black holes that make your average Ponzi scheme look well-organized.

From twice as many credit cards as employees to mystery computers issuing trillions in payments with zero oversight, Musk’s discoveries read like a dystopian comedy.

And yet, this is the actual state of affairs in Washington. If a private company kept its books this way, Musk noted, “the officers of the company would be imprisoned.”

Software Licenses for All

Musk’s first revelation? The federal government is hemorrhaging money on unused software licenses and subscriptions no one logs into.

In fact, in every department examined so far, Musk’s team has found more licenses than employees, sometimes double the amount.

“You don’t need to be Sherlock Holmes to find this stuff,” Musk quipped. “It’s like being in a room where the walls, the roof, and the floor are all targets—you can’t miss.”

Government waste is so bad that literally any attempt at reducing it is guaranteed to succeed.

A Chicken in Every Pot and 2 Credit Cards for Every Government Employee

Government-issued credit cards.

It turns out the government has issued twice as many credit cards as there are employees, each with a $10K spending limit.

Now, in the real world, if you request an extra credit card, the bank at least asks a few questions.

In Washington? Not so much.

“I still don’t have a good explanation for why this is the case,” Musk admitted. “I think it’s mostly incompetence, but at a certain point, you wonder…”

Indeed.

When there’s zero accountability, why bother explaining anything?

The ‘Magic Money’ Computers

Perhaps the most jaw-dropping revelation came when Musk described 14 government computers that just create money.

From nothing, something comes.

He calls them “Magic Money Computers,” and they’re mostly housed in the Treasury, Health and Human Services, and the Department of Defense.

“You’d think there’d be some central system tracking everything, but nope. The numbers presented to Congress are ‘probably off by 5 to 10%,’ at best.”

Let’s put that in perspective: The 2024 federal budget is $6.8 trillion.

A 5% discrepancy means $340 billion is just missing.

Get a picture on a milk carton!

If that happened in a private company, we’d be talking about forensic audits and jail time. In Washington, it’s just business as usual.

NGOs: Offshore Accounts for Political Elites

Government waste isn’t just about bad accounting, it’s also about where the money goes.

Musk pointed out that billions are funneled into non-governmental organizations (NGOs) with little to no oversight.

“One of the biggest scam portals we’ve uncovered is that the government can give money to a so-called nonprofit with very few controls, and then there’s no auditing afterward.”

One particularly egregious example, the $1.9 billion given to a fake NGO linked to Stacey Abrams for supposed “environmentally friendly appliances.”

So far, the organization has provided fewer than 100 appliances.

That’s $19 million per toaster.

I don’t know, but I’d probably just take the cash prize. No toaster is that good.

One Trillion Dollars in Waste

Musk believes at least $1 trillion in waste and fraud could be eliminated by 2026.

And yet, he warns that political forces will fight this tooth and nail because too many people benefit from the grift.

“The single biggest thing they’re worried about is that DOGE is going to turn off fraudulent payments of entitlements, I mean everything from Social Security, Medicare, unemployment disability, and small business administration loans.”

According to Elon, it all comes down to the left trying to buy the loyalty of immigrants who will eventually guarantee a permanent Democrat majority.

It’s a bold claim, but as Musk’s track record has shown, he has a way of inconveniently pulling back the curtain and exposing the malfeasance the majority refuses to acknowledge.

The Price of Transparency

The deeper Musk digs, the clearer it becomes: government spending is not just inefficient, it’s designed to be opaque.

The sheer scale of waste, fraud, and incompetence is staggering.

Yet, when someone finally steps in to clean house, they’re met with immense resistance.

“If any company kept its books like the federal government, it would be delisted immediately.”

Musk is optimistic that exposing the waste will force reform.

But if history is any guide, those benefiting from the dysfunction won’t go down without a fight.

Not just a little fight. They’ll pull out every trick they know.

And they know a lot of tricks.

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