Elon Musk reveals that the federal government has a “magic money computer” and can send taxpayer funds “from thin air” without proper monitoring.
Musk released shocking information during an interview with Senator Ted Cruz (R-Texas) in his latest episode Podcasts“Verification with Ted Cruz” was released on Monday. This episode was part of a two-part series recorded at the White House.
“They just send money from nothing.”
Musk told Cruz the waste discovered within the federal government by the government's Department of Efficiency is even worse than he expected.
“All government departments – I say 'everything'. Because we haven't found a single exception yet. I say there are too many software licenses and media subscriptions,” Musk says.
He explained that there are often more licenses and subscriptions than the number of individuals working in the department.
“We have discovered an entire situation with zero login software license or media subscriptions,” Musk added. “No one ever logged in.”
Musk was asked if it would produce waste that was derived from incompetence or fraud.
“In my opinion, if you say, 'What is the ratio of waste to fuel to fuel?', it's like 80% wasted and 20% scam,” he replied. “But you have this kind of gray area.”
He highlighted how the federal government sends money to nonprofit organizations with little surveillance and accountability. Musk explained that so-called charities give leadership.
Cruz replied, “Living like a king or queen in the taxpayer's royal family.”
“The right thing,” Musk added. “And this is happening on a massive scale. It's not just one or two. We see this everywhere.”
After that Cruz I asked A musk explains “Magic Money Computers.”
“I've never heard of it until you raised it,” Cruz told Musk.
“You might think that government computers all talk to each other, they're in sync, they add up what they're doing somewhere and that's something that's consistent,” Musk explained. “And the numbers you're being presented as a senator, for example, are actually real.”
“Who do you think it is,” replied Cruz.
“They aren't. They're not completely wrong, but they can probably be 5% or 10% off,” Musk continued. “I call a magic money computer any computer. It can make money from a thin air. It's magical money.”
Cruz asked Mask how the computer works.
“We're just going to issue payments,” Musk said.
He said most of the computers he refers to are in the Treasury. Similar computers are also reportedly similar to the Department of Health and Human Services, the Department of State and the Department of Defense.
“I think we've just found 14 Magic Money Computers,” Musk said. “They just send money from nothing.”
He declared that the only way to eradicate waste and fraud within the federal government is to “look at the computer and see what's going on.”
“To recognize waste and fraud, we need to coordinate our computer databases,” Musk said.
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