Elon Musk's explosive dialogue: Actually, I don't want to die, the next blow is aimed at the Federal Reserve!

Wallstreetcn
2025.02.21 08:06
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Elon Musk stated that the plan to cut government spending on DOGE is still ongoing, with the Federal Reserve also being a target. He has repeatedly criticized the personnel at the Federal Reserve for being "severely excessive." He also candidly mentioned that he "does not have a death wish" and revealed that the estimated amount of fraud in U.S. government spending is conservatively around $700 billion

Since Elon Musk took office at DOGE, a storm of government spending cuts has erupted, starting with massive layoffs in the U.S. government, followed by revelations of Social Security fraud, and recently considering a $5,000 tax rebate for every household...

On the 20th local time, at a conservative political action conference held in the suburbs of Washington, Musk made an appearance to kick off a "rock star" style "political performance."

First, Musk shocked the audience with his "dark gothic MAGA" outfit, holding a chainsaw and shouting, "This is the chainsaw against bureaucracy," pushing the atmosphere to a climax.

He then revealed that the DOGE plan to cut government spending is still ongoing, with the Federal Reserve being one of the targets. Musk has repeatedly criticized the personnel at the Federal Reserve as "seriously excessive." He also candidly stated that his security team is "not strong enough," and he does "not have a death wish," expressing his determination to push through the reforms at DOGE. Regarding the fraud in the U.S. government, he stated that looking at the $7 trillion in government spending, the fraud rate is at least 10%, which could conservatively amount to $700 billion.

He also believes that war is "sending people into the meat grinder for money," and hinted at the presence of corruption and bribery. He defended Trump's handling of the Russia-Ukraine conflict, stating that Trump is "compassionate." Musk also refuted claims that he is an "asset" of Russian President Vladimir Putin, saying, "Putin can't afford me."

Here are the key points from Musk's remarks:

  1. A large amount of U.S. government funding flows to so-called non-governmental organizations and traditional media companies, which essentially comes from taxpayers' money but is used to support some anti-American narratives. This phenomenon must be stopped. This is also one of the reasons I invested $44 billion in the X platform.

  2. U.S. government officials are indifferent to the waste of huge amounts of money; they seem to have no empathy for taxpayers' hard-earned money and even consider the waste of millions of dollars as trivial.

  3. I must tell you, I do not have a death wish; it is not easy to lock those thugs in prison without dying.

  4. I am also considering auditing the Federal Reserve; waste is almost everywhere. People will ask, how can you find waste in Washington, D.C.? It's like being in a room where the walls, ceiling, and floor are all targets. You just need to push a little, and you can save billions of dollars.

  5. A large amount of money has flowed out of the Social Security Administration and other welfare programs. According to rough estimates from the Government Accountability Office, fraudulent payments exceed $500 billion annually. Looking at the $7 trillion in government spending, I believe the fraud rate is at least 10%. Conservatively, this could amount to $700 billion.

  6. People always like to say that I am an asset of Putin's board; I want to say that Putin can't afford me!

  7. War is like a huge machine of corruption and bribery, disgusting. Those sent to the battlefield are actually dying for money. That is what is actually happening. People need to stop dying, and the war machine must also stop.

Here is the full text of the remarks:

Everything I do is to restore America's core values - freedom and opportunity

Host: Expressed love for the audience after the opening.

Musk: Thanked the audience and asked them to take their seats, then began to talk about his feelings.

Host: You have become a kind of cultural phenomenon over the past year, even being spread as a meme. How do you feel about that?

Musk: Yes, I almost live in memes, as if I am in a dream. This seems to be what is happening right now. However, this phenomenon also makes me realize that certain things in reality are becoming increasingly absurd.

Host: If someone had told you a year ago that you would be working with the president at SEAPAC, even trying to completely change the status quo of the government, would you have believed it?

Musk: It is indeed hard to believe, but it seems cool now. I am very grateful for everyone's support. We are working hard to do the right thing while also enjoying the fun and humor in it. However, the left seems to be trying to make comedy "illegal," as if nothing can be mocked, which makes me feel that comedy itself has become dull. We need to regain our sense of humor and revive free speech.

Host: In the past few months, we have witnessed a significant cultural shift, especially after that election.

Musk: That's right, the return of free speech allows us to enjoy life again. We should enjoy life, shouldn't we?

Host: This is a great moment, especially for conservatives. The past four years felt like a nightmare, and now everyone finally feels relieved.

Musk: Indeed. President Trump winning the election and having a Republican majority in the Senate is crucial for America. None of this would be possible without everyone's support.

Host: You have always maintained political neutrality, but now it seems you have clearly taken a side. What prompted you to make this shift?

Musk: When I realized the absurdity of certain phenomena, I decided I had to stand up. I may have leaned towards the Democratic Party in the past, but now I am more focused on restoring America's core values - freedom and opportunity.

Host: We see many freedoms gradually disappearing in Western countries, and Europe seems to have experienced this regression earlier than we have. Are you also trying to prevent this from happening in the U.S.?

Musk: That's right. In Europe, there are even people who have been imprisoned for posting memes, which is utterly absurd. We must be vigilant against this trend spreading in the U.S.

Host: They are collapsing; it is a society that is collapsing. France seems a bit better; I think you can question that.

Musk: But it is really beautiful. But thank you. I really just want to do something useful, like basically building products and providing good products and services. It’s not about being interested in politics, just like there was no choice at some point.

Host: What does it feel like to go from political neutrality to being attacked by the media?Elon Musk: When they attack me or even call for my "death," I do feel a bit uncomfortable. But most of these statements are baseless and just attempts to attract attention by creating topics. I am more focused on creating value for society through actual actions.

Host: What do you think about the government's efforts to cut waste? You seem to have played an important role in this.

Musk: The government has long had issues with waste, fraud, and abuse, and all I am doing is trying to cut these unnecessary expenditures. Americans support this because they are well aware of the severity of this waste. We need to use taxpayers' money more efficiently instead of letting it be wasted unnecessarily.

Host: What do you think about the phenomenon of the left supporting its agenda through government funding?

Musk: A large amount of funding has flowed to so-called non-governmental organizations and traditional media companies, which essentially comes from taxpayers' money but is used to support some anti-American narratives. This phenomenon must be stopped, and that is one of the reasons I invested $44 billion in the X platform.

Host: What do you think about federal funding flowing to media companies, leading to a uniform narrative in traditional media?

Musk: This phenomenon indicates that bureaucracy is eroding the essence of democracy. We need to be vigilant about this trend to ensure that the foundations of democracy are not shaken.

Host: This week, everyone is discussing the issue of dividend checks. You have stated support for issuing $5,000 checks to the public, which would come from cutting government spending. What do you think about this proposal?

Musk: This is an opportunity to recover funds from "destructive spending." By cutting government waste, we can return this money directly to taxpayers, which is not only a respect for them but also a stimulus for the economy.

Host: I heard that the IRS (Internal Revenue Service) laid off 6,000 employees today, and some even suggested shutting down the IRS. Do you think such cuts are reasonable?

Musk: The scale of government spending is shocking, especially in areas lacking efficiency and accountability. By optimizing management, we can save a significant amount of money. Such cuts are not only reasonable but necessary.

Host: What do you think about government officials' reactions to spending cuts? They seem indifferent to wasting huge amounts of money.

Musk: This attitude is indeed perplexing. They seem to have no empathy for taxpayers' hard-earned money and even consider the waste of millions of dollars as trivial. This phenomenon reflects their extreme disrespect for public resources.

The reason for strengthening security is that I don't want to die

Host: What do you think about the president surviving two assassination attempts? Do you believe there are deeper motives behind these events?

Musk: These events are indeed unsettling, but our understanding of the motives behind them is still limited. We need more transparency and investigation to ensure public safety and the right to know.

Host: Last question, what is your view on the current security situation? You seem to have increased the number of security personnelElon Musk: The security situation does indeed need to be taken seriously. Although the current security measures are sufficient, I believe we may need to strengthen them further in certain cases.

Host: I want to ask, how concerned are you about your own safety? After all, you are a wanted person, right?

Elon Musk: I am open to the idea of enhancing security. I must tell you, I do not have a death wish. It’s not easy. I do enjoy taking risks, and I have even encountered people like Salvadoran President Bukele, who has imprisoned 100,000 people like criminals. He called me once and said he was worried about my safety. I asked him, "Are you really worried about my safety?" That shocked me. However, I do not have a death wish.

Host: Yes, it does take courage to do those things and still survive. Just like me.

Elon Musk: I was thinking at the time, how did he do it? Imprisoning those thugs without dying. It’s not easy.

Host: Yes, a senior lawyer for the president is investigating, for example, Chuck Schumer's threats to the Supreme Court. Congress members, especially on the Democratic side, are basically saying, we will bring you a fight. I think you are messing up some things that shouldn’t be messed up.

Elon Musk: We are working hard to ensure that many things do not happen.

Host: Those who really do not want this to happen.

Elon Musk: Yes, we are in a fierce battle with the matrix. This must be done.

Host: What about your mom? Is she involved too? Tell me about Fort Knox. It’s in Kentucky, a military base that houses a large amount of gold—5,000 tons of gold buried underground. It’s a very secure place. I want to go see it.

Elon Musk: By the way, that is exactly your goal.

Host: That’s the public’s goal. Do you think the gold isn’t there?

Elon Musk: I don’t know, but I do want to go see it. We need to confirm that it hasn’t been sprayed with lead or anything else. Is the gold real? The bars might not be there, but to be honest, part of it is just for fun. The oldest goal of Fort Knox is the public’s goal. It’s your goal. I think you have the right to see it.

Host: Go for a visit.

Elon Musk: Yes, I think we should do that. Like a live tour, open the doors and see what’s inside.

Host: Yes, I think I will go see it. What does 5,000 tons of gold mean? How big is that?

Elon Musk: Quite large.

Host: That must be a lot.

Elon Musk: I have other things in there too. I haven’t even put other things in there.

Host: Are you also considering auditing the Federal Reserve? This is obviously part of the routine oversight of the economy.

Elon Musk: Yes, of course. Waste is almost everywhere. People will ask, how can you find waste in Washington, D.C.? It’s like being in a room where the walls, ceiling, and floor are all targets. You just need to push a little, and you can save billions of dollarsHost: It's wild and scary, isn't it?

Musk: Yes, if you add care and capability, how much better things could be. We've discovered a lot of very crazy things, and we're sharing everything we've learned with the public.

Host: Yes, it's wild.

Musk: We just checked the Social Security database and found over 400 million eligible Americans. We found one person who is 360 years old. That's obviously impossible. I think that's a dangerous signal.

Host: Is there any indication that these people received checks?

Musk: Well, a large amount of money has flowed out of the Social Security Administration and other welfare programs.

Host: $72 billion wasted over 7 years, about $10 billion a year.

Musk: According to rough estimates from the Government Accountability Office, fraudulent payments exceed $500 billion each year.

Host: What is the annual amount of fraud?

Musk: Looking at the $7 trillion in government spending, I think the fraud rate is at least 10%.

Host: Conservatively, that could be up to $700 billion in fraud.

Musk: It seems very easy to exploit the federal government. During the COVID-19 pandemic, fraudsters took about $200 billion in COVID payment fraud abroad. I wonder, did we not notice?

"Assets bought by Putin? He can't afford me!"

Host: Let's talk about immigration issues. Trump's latest move is to cut funding, especially the funds that ultimately end up in the hands of illegal immigrants. If these sanctuary cities and states continue to fund hotels, that money actually comes from federal funds. In New York, many hotels are packed with immigrants, and that funding does not come from the state government but is obtained through some sort of cover-up. Trump's plan to cut all this funding and deport 15 million people is indeed very difficult.

Host: The current action seems to be letting immigrants leave on their own, especially if they can't get hotel rooms and funding, they might choose to go back, especially if there are no job opportunities.

Musk: I think it's very important for people to understand how the Biden administration is using funds. If they can send money to promote and expand illegal immigration, they will do so. They even took money from the Federal Emergency Management Agency (FEMA) that was originally meant to help Americans in distress and used it to pay for luxury hotel accommodations for legal immigrants in New York. Although the president signed an executive order to stop this practice, the so-called "deep state" bureaucrats are still insisting on sending funds to places like the Roosevelt Hotel in New York. Now they're angry because the funds have been cut off, and they even want to restore that funding through lawsuits.

Host: Are they trying to create a new voter class by opening the borders? Is their goal to grant these people citizenship and add them to the voter rolls?Elon Musk: Many times, you don't need to assume a grand conspiracy. Just look at the basic incentives and benefits. If the probability of illegal immigrants eventually voting for the Democrats is high (whether through cheating or eventually becoming citizens), then the incentive is to maximize the number of illegal immigrants in the country. That's why the Biden administration is working to bring in as many illegal immigrants as possible and spending every dollar to support them, because everyone is a potential voter. This is essentially a massive voter input scam, very obvious. Additionally, they created the CVP border app, allowing people to fly in, which is unimaginable in other countries.

Host: They are even sending planes.

Musk: Yes, they are even airlifting immigrants to swing states. If the victory margin in a state is small, and you airlift a large number of immigrants to that state, it will change the election outcome. It's just a matter of time, it may take four to eight years, but it will ultimately change the numbers.

Musk:

It's just a matter of time. It may take a year to get a green card, instead of five years to get citizenship. This is an investment that will definitely pay off; it's just a matter of time.

Host: Everyone remembers who brought them in and who kept them here.

Musk: I think many people don't realize this is a real large-scale scam aimed at tilting the balance of American democracy.

Host: This is treason.

Musk: Yes, treason.

Host: Regarding Biden, I remember when they pushed electric vehicles, they always tried to exclude you, even if you had the only popular electric vehicle. Do you think Biden left the astronauts in space because he didn't want to give you a chance to save them, to embarrass NASA, and to make the establishment look better?

Musk: No, absolutely not. The Biden administration is attacking me, especially the Department of Justice. Someone sued SpaceX for not hiring asylum seekers, but in reality, under ITAR rules, our rocket technology is considered advanced weapon technology, and we can only hire permanent residents or citizens. So, we can't hire asylum seekers; otherwise, it's illegal. Nevertheless, the Department of Justice still sued SpaceX, which is a confrontational situation.

Host: Why doesn't the Biden administration want you to help the astronauts return to Earth, even though you support them?

Musk: Because the Biden administration doesn't want anyone who supports President Trump to look good. That's the problem. Those astronauts were supposed to be there for eight days, and now they've been there for eight months. We could obviously bring them back faster, but they don't want that.

Host: Many people are now saying you want to get into Social Security, Medicare, and the Treasury because you are looking for personal information and trying to make more money. But I've never seen someone as wealthy as you who doesn't care about money. Don't you care about money?

Musk: Actually, if I took money from Social Security, I could finally buy good thingsHost: Regarding social security and healthcare issues, they are also talking about you wanting to end these programs. I don't think there has been such a conversation with the president. That's the point.

Musk: No, in fact, the actions we are taking with the support of the president and institutions will save Medicare and Social Security. Because if the country goes bankrupt, all the money will be spent on repaying debt interest, leaving no money left. That's why I'm doing this, because I see the big picture and feel it's a bit out of control. The interest payments on national debt now exceed the entire budget of the Department of Defense, which is unsustainable.

Host: In one year, the interest on our debt reaches up to one trillion dollars, it's unbelievable.

Musk: Yes, national overspending and national bankruptcy are the same as personal overspending and bankruptcy. Addressing these issues is not optional; it is essential.

Host: So, we are going bankrupt. Russia also has a huge driving force.

Musk: Yes, but people always like to say I'm a board asset of Putin, and what I want to say is that Putin can't afford me!

Host: So what? You are trying to end a war. War always means you have to compromise and negotiate with your opponent. That's the fact. Now they criticize the president for trying to end this war that has lasted for three and a half years in a different way. They say Trump blames Zelensky for the invasion; how do you deal with all the negative emotions towards him trying to end this war?

Musk: First of all, we should sympathize with those who have died on the front lines. That is the most important thing. People have been dying, and how many more years will this continue? Imagine if that were your son or father, what are they dying for? The front line, which has hardly moved, has changed little in two years. That's the cost of people dying in the trenches. I tell you, it's like a huge machine of corruption and bribery, it's disgusting. Those sent to the battlefield are actually dying for money. That's what's really happening.

Host: Trump is very pragmatic about this. He just looks at it and says this is Ukraine, not our country. It's not a NATO ally. I just want to see people alive. I want to see both sides alive. Think about how many young people are dying in Ukraine to the point that the army is starting to age. The army is aging because people in their 20s are either being killed or disabled. That's the reality. If you are a humanitarian, you just need to end the war.

Musk: Yes, people need to stop dying, and the war machine must stop. I think many people do not realize that the president has a lot of compassion; he really cares, he is a good person.

Host: I have one more question. I have been fascinated by you for a long time. I just want to ask, what does your inner self feel like? Like this, only 1,000 miles per hour? Do you feel like it won't stop? Do you sleep? How long do you sleep? Paint us a picture of a genius's inner world.

Musk: My mind is a storm. But let me tell you something. I grew up in South Africa, but my moral values were shaped by America. I read comic books, played Dungeons and Dragons, and watched American TV showsThe United States seems very concerned about doing good and doing the right thing, which is actually quite unusual. So I say, you want to be as good as possible, you want to stand on the good side. You want to care about what is right and what is just. That is my belief.

Host: In this world, that is indeed very unusual.

Musk: Yes, it is indeed unusual.

Host: Finally, I gave you a tough challenge. Thank you very much, Elon Musk