Felon Musk Addresses Trump's First Cabinet Meeting

Trump and Musk wall-to-wall lying and bullshit.

DailyBeastie.Com

2/28/20258 min read

Elon Musk claims U.S. "WILL GO BANKRUPT" without $2 trillion DOGE BUDGET CUTS

Felon Musk is lying. The U.S. will NOT go bankrupt FOR ANY REASON, much less if whether or not DOGE makes $2 trillion in cuts.

Musk is an idiot. Musk - like Daddy Trump and Republicans, foolishly believe that the U.S. government should be run like a corporation that has limited funding and must balance a balance sheet of debits, credits, expenses.

Such is not the case with the federal government.

Elon Musk has vowed to cut $2 billion a week from the federal budget until he cuts one trillion from the U.S. Budget.

Such a goal is not only unattainable without cutting Medicaid, Medicare, Social Security but serves as hard proof of Republicans desire to inflict serve and extreme pain on Americans while raising the debt by awarding themselves a four and a half trillion dollar tax cut.

Republicans have no new ideas - just repackaged old ideas:

*Trillion dollar tax cuts for billionaires and mega-corporations is the best solution; the Trickle-down theory works;

*Federal workers are lazy, useless and need to be fired;

*DEI provides unneccessary and unearned advantage for blacks and minorities.

The U.S. Government does not have to sell bonds or sneakers or anything else to raise money.

Congress has the constitutional authority to utilize U.S. currency instrument funding to pay off our $37 trillion debt and start using currency instrument funding instead of the old Rube Goldberg arrangement of the Federal Reserve selling paper to debtors and foreign investors to fund U.S. government operations.

Again, Congress doesn't need to sell U.S. paper to fund the government, but deposit U.S. paper to fund the government.

Congress depositing U.S. paper eliminates the middle man and ends spiralling debt and deficits.

Recognizing The Real Problem with U.S. Finance

Musk insists that the U.S. will go bankrupt if we don't let him make $2 trillion in cuts of his own choosing. This South African needs to go back to South Africa. He's out of his mind.

The truth is Democrats and Republicans will never pay down the national debt but will use the threat of budget constraints to cut social programs that Republicans don't approve of while always increasing defense spending and giving trillion dollar tax cuts to the rich.

Republicans always use their excuse of "paying down the debt" to tax the wallets and purses of the American people to pay for Republican trillion dollar tax cuts. Always - it's a rule.

How long is this supposed to go on? Until Democrats and Republicans pay off the $37 trillion national debt?

Democrats and Republicans will never pay down our $37 trillion debt by cutting a few trillion and continuing to borrow money from the Fed.

It doesn't make sense for our government to create a currency instrument called a Treasure bill or savings bond and trade those U.S. currency papers for U.S. currency papers.

In other words, We The People need to cut out the middle man and stop borrowing money and selling paper to stack paper.

We The People need to discontinue the Rube Goldberg arrangement known as borrowing money from the Federal Reserve to fund the government when instead Congress can DEPOSIT THE PAPER IN A U.S. GOV'T BANK ACCOUNT (at the U.S. Treasury Dept.) INSTEAD OF SELL THE PAPER TO INVESTORS.

We The People don't need "investors" financing U.S. government spending.

We are the United States of America who has no need to borrow money or sell bonds to raise operating funds for the U.S. government.

So what's the alternative? Is there an alternative?

Yes. The solution originates in Congress constitutional authority to create currency at will and how we fund government spending.

Thinking about US gov't spending as debits and credits on a corporate balance sheet that must balance at the end of the day or a period of time is good for corporations, but inappropriate for the U.S. government and government financing; precisely because a corporation cannot create currency and is limited to available currency; whereas the U.S. Government can constitutionally create currency instruments at will as Congress sees fit.

Our Founding Fathers did not leave England to sail across the oceans to build a new government in a new land based on borrowing money from a central bank.

Our Founding Fathers detested theocratic government, central banking and organized religion.

That's why our Founding Fathers gave Congress the constitutional authority to create U.S. currency.

Instead of borrowing money and selling U.S. bonds to foreign investors to balance a balance sheet, I recommend Congress create and deposit a currency instrument into a U.S. Gov. bank account at the U.S. Treasury Dept. and use those funds to pay off the $37 trillion debt and and deficit to clear out the national debt once and for all.

But wait a minute? Don't we still need money?

Does this mean that from now on our U.S. Gov't should only spend the amount of money accrued through tax collections, in order to keep our national debt at zero?

No. That's what got us in this mess in the first place. That and selling U.S. Treasury bonds to raise money.

The U.S. Government does not have to sell bonds or sneakers or anything else to raise money.

Congress has the constitutional authority to pay off our $37 trillion debt and use currency instrument funding instead of the old Rube Goldberg arrangement of the Federal Reserve selling paper to debtors and foreign investors to fund U.S. government operations.

Again, Congress doesn't need to sell U.S. paper to fund the government, but deposit U.S. paper to fund the government.

Congress depositing U.S. paper eliminates the middle man and ends spiralling debt and deficits.

Republicans do not believe in eliminating the poverty class in America as Republicans believe that poverty is necessary to force lazy Americans - blacks and minorities - to go to work for reduced wages.

Republicans absolutely detest the thought of using government spending to improve the lives and net worth of the poor and middle class.

The only money Republicans want poor and middle class Americans to have is reduced labor wages. Republicans believe the financial power of the U.S. government is FOR WHITES ONLY.

Republicans only problem with Social Security, Medicare, Medicaid and gov't benefits is that Republicans cannot hang a WHITES ONLY sign on it.

Republicans absolutely equate cutting government benefits as hurting blacks and minorities, even though white people collect government benefits - especially wealthy Republicans who enjoy trillions in tax breaks.

You won't hear that on TV, but incredibly stupid and racist Republican beliefs and prejudices do drive Republican domestic policy.

What about taxing billionaires?

Yes we must sufficiently tax billionaires as their voting power grossly exceeds one person one vote.

We need a new political party to pass legislation featuring federal funding of ALL federal campaigns and a limited 60-day federal campaign season.

The billion dollar bi-partisan consultation industry has too much control of public opinion for year-to-year campaign propaganda.

Until We The People create and support a new political party that will actually pass public financing of ALL federal campaigns, billionaires and special interests will finance their favorite politician's campaigns.

Gross domestic product (GDP) is the total value of all goods and services produced in a country over a specific period of time.

Remember, about 90% of GDP is consumer spending - not billionaire investment, but CONSUMER SPENDING.

Inflation is when prices increase over time, which reduces the value of money and purchasing power. It can be measured for a country's overall cost of living, or for specific goods and services.

Inflation is when prices increase over time, which reduces the value of money and purchasing power. It can be measured for a country's overall cost of living, or for specific goods and services.

How is inflation measured?

  • Inflation is usually calculated as the average price increase of a basket of goods and services over a year.

  • The U.S. Department of Labor's Bureau of Labor Statistics measures inflation using various indexes.

  • Central banks use inflation indicators to measure price stability.

What causes inflation?

  • Inflation can be caused by a number of factors, including wage pressures, rising energy and food prices, and a tight labor market.

Thanks to U.S. Currency Instrument Funding We The People will never again have to suffer debtors, growing debt and deficit.

Thanks to U.S. Currency Instrument Funding we can control inflation.

Thanks to U.S. Currency Instrument Funding we can control rising prices by federally-subsidizing a two-year price freeze.

We should consider government spending as an expense, cancelled debt - not a debit.

Since we borrowed nothing, we owe nothing.

We keep track of our expenses not as a debt owed but as a measuring tool in calculating economic ratios.

One of the best uses of government spending would be to federally-subsidize a two-year price freeze.

Unfortunately Democrats and Republicans are committed to borrowing money from the middle man and never paying off an ever-increasing national debt.

Democrats and Republicans will never unleash the power of the U.S. government for We The People as they maintain control of U.S. finances through borrowing and budgeting in the interests of mega-corps and billionaires.

Trump, Musk and Republicans enjoy using the false premise and unattainable goal of paying off the national debt as justification for imposing austerity measures and personal pain on people Republicans don't like.

The truth is wealthy powerful Republicans in government and business are for the most part racist White Supremacists who gain great pleasure and satisfaction out of inflicting as much harm and suffering as possible on blacks and minorities or poor white people.

The last thing Democrats and Republicans want to do is say goodbye to BIG DONORS AND BIG DONOR CASH.

It's going to take a new political party to take BIG MONEY out of politics and all federal elections by ending all donations and instituting equal federal funding of all federal campaigns.

It's going to take a new political party to raise the standard of living for the poor and middle class by unleashing the great power of the U.S. government to serve the will of We The People.

It's going to take a new political party to end rising prices, control inflation and corporate greedflation while increasing the standard of living for the poor and middle class.

It's going to take a new political party with new policies to MAKE THE REAL CHANGES that Democrats and Republicans aren't willing to make.

Thanks to U.S. Currency Instrument Funding We The People can finally reap the full benefit and power of the U.S. Government - our government that We The People have worked for since Day One in America.

Until We The People END BIG MONEY DONORS IN POLITICS by instituting federal funding of all federal campaigns, We The People need to tax billionaires at a very high rate. Elon Musk is not one jackass, one vote.

Thanks to U.S. Currency Instrument Funding we can finally do the following things:

  • End federal income taxation for the poor, middle class and any individual earning less than $50 million per year and any corporation with less than $250 million in corporate assets and holdings.

  • subsidize new construction of millions of new homes and neighborhoods

  • build a national underground power grid and fiber optic network hardwired to every address in America to provide solar power and free public superfast internet and communication services to each household in America.

  • build national hydrogen grid/charging stations

  • institute single payer healthcare for all, including dental and nursing care, mental healthcare

  • significantly increase disability, SSI and Social Security payments

  • fully subsidize childcare, adult daycare

  • fully subsidize public education and trade schools and private tutoring

  • subsidize price freeze for groceries, products and services