IHIP News - Elon Musk In Ruins After Epic Faceplant; DOGE Cost Us More Money?!
Episode Date: April 28, 2025How much will Elon Musk's failures cost us?Prolon Life: visit https://ProlonLife.com/IHIP to claim your15% discount and your bonus gift.Pre-order our new book, join our Patreon Cult, and more... by clicking here: https://linktr.ee/ivehaditpodcast.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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I don't think there's a precedent for the level of stupidity in which Elon Musk has engaged.
He literally has taken a grenade and thrown it in every aspect of his life.
Axios dove in a little deeper. Let's put up this headline.
Elon Musk arrived in Washington as the most powerful political outsider ever. He's leaving with his reputation
wounded, relationships severed, companies in crisis, fortune diminished, and little to show
for Doge but chaos and contested savings. This has been an unforced faceplant of epic proportions.
And this is something very interesting that historians of authoritarianism have pointed to.
Usually you have the oligarchs over here and the autocrat here.
This is the first time that we've seen an oligarch become an insider in the government.
And it has failed spectacularly and the suffering that this man has caused
and the moral decay of America being a leader in human rights, civil rights, this man is
completely diminished.
I want to remind everybody that most people believe, his close friends, that this man
is a full-blown ketamine addict and for sure a Twitter addict and a total liar,
claims to be a free speech absolutist, which is just gaslighting. He is in fact the opposite.
Well, the veneer off of his complete and total lie of, like you said, free speech absolutist,
as long as it's for his speech and doing Nazi salutes, turns out it's not real popular here and abroad. And I look at Elon Musk and I think, this is what happens when you buy a presidency and you are corrupt.
And you want to go and use the government to make your billions of dollars and then go in and trash it and lie about it.
It's just blatant corruption. Interestingly, like during Trump 1.0, he would tweet about Elon Musk and
talk about how he was a billionaire only by government subsidies. And that Elon Musk would
get on his knees and beg Trump for X, Y, Z. And he would totally talk about how he is only a
billionaire because of subsidies. My, my, how quickly they forget. Next up, this is, I think, going to be one of the
biggest autopsies of Doge. Put this headline up. Elon Musk's Department of Government Efficiency,
or Doge, says it has saved $160 billion through its push to root out wasteful or fraudulent
government spending, but that effort may also have come at a cost for taxpayers with new analysis from nonpartisan research and advocacy group estimating that Doge's actions will cost $135 billion this fiscal year.
I'm going to go on the record to say at the end of this, when this is autopsied, Doge costs us more money just on the money aspect of it. And then the cascading
damage amortized over a timeline, five years, 10 years, it's what we're going to have to spend to
fix the things that he has broken is going to be insurmountable. I completely agree. And I also
think it's worth noting that Elon Musk wanted the power
and the recognition for Doge. But in reality, what he got in spades was he continues to
award himself government contracts and he stopped investigations into himself and his
company. So regardless of how much it costs people, he wins because he's not in prison.
And I read an article, I can't remember if it was Vanity Fair or The Atlantic or somewhere, but basically there's a biographer of Elon Musk and
Elon Musk believes that he is a reincarnated king from another life. What? Yeah. Yeah. You can Google
it. I read that article this weekend. I mean, this guy is delusions of grandeur. Another article came out
that they estimate that it's not just 14 kids, that he has over 100 kids and that his goal is
to have 5,000 kids. So on top of all of just the breathtaking obvious incompetence that he's done
with Doge and acting like he's an expert in areas wherein he is not.
He is a freaking weirdo, like an absolute morally defunct weirdo.
Moving along, we have Scott Besson.
And this just shows you how incompetent not only Trump is.
And remember, it's trickle down incompetence. So all the bottom feeders that agreed to work with a convicted felon are arriving at Trump 2.0 with the ability to do a lot of mental, moral and fiscal gymnastics.
And Scott Besson is one of these guys. Here he is bullshitting on, I believe it's ABC
News over the weekend.
Trump's strategy really has been to announce these tariffs and dial some back, pause them, make
exceptions. Explain why you see this as a good negotiating strategy. Well, in game theory,
it's called strategic uncertainty. Okay, stop right there. Strategic uncertainty. This is the
word salad that Fox claimed that Kamala Harris used. Everything they do is total projection.
Strategic uncertainty is a jet stream of bullshit that sold to the single double-digit IQ viewers
of Fox News that are like, oh yeah, it's 4D chess. This is embarrassing. This guy has made billions of dollars working for hedge
funds in the United States of America and doesn't have the decency to fight
for everybody and that's another autopsy and a lot of these S&P 500s come on
stand up CEOs stand up and fight for your customers what what's so alarming
about this is Scott Bessett knows that the market
and business growth comes from security and stability. And he's sitting there acting like
this is a good thing. What a total liar. Okay, next up, we have Citadel's, I believe his name
is Kyle Griffin, and put up this excerpt.
This is the part that I thought was really interesting.
He says, speaking as part of Stanford's View from the Top series in Silicon Valley,
Griffin argued that the U.S. should try to play to its strengths,
such as creating intellectual property and content, rather than bringing back jobs in factories that have largely automated
their production anyway. He says, these are jobs that pay a stunning amount of money as compared
to working in a factory making zippers or making home appliances or making flat screen TVs.
Griffin said he had spoken a few weeks ago with a senior Chinese government official who
questioned why US trade policy would be to foster low-paying factory jobs and
become more like China instead of being the world power that China is trying to
emulate. This right here was one of the most important excerpts I think I read all weekend. The United States government is actively trying to reorganize the economy in the way where J.D. Vance said these Chinese peasants, he wants American workers to be that.
The Chinese are completely shocked by this.
They have a population more than double the size of
America's. And our economy remained so much larger, bigger, more productive than theirs.
And they're sitting there scratching their head saying, wait a minute,
you want our economy? Your economy is the envy of the world.
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Next up, same guy, Ken Griffin with a little bit more here that I think is interesting.
At the bottom of this, he says, these jobs are not coming back to America.
And to be clear, with an unemployment rate of 4%, America has moved on. And this is a really
key important point. Trump was handed an economy where the unemployment rate was at record lows,
S&P, NASDAQ, all sky high and stable growth. Now, were there going to be
some corrections in the stock market? Of course, there were going to be some, but not like what
we're seeing right now. But think about the insanity and the mental gymnastics that they're
trying to project onto the American electorate when we have a 4% unemployment rate. And they're saying we have a jobs problem.
And they want to bring back all of these manufacturing jobs when we're better off
outsourcing those things. Furthermore, this is why China has trolled the shit out of the United
States on TikTok and other Chinese social media platforms when they show out-of-shape Americans
working in factories. Because for them, they're like, wait a minute, you outsource this stuff to us. And I will
tell you, I was probably about 10 or 15 years ago, I watched a Vice documentary. And in Alabama,
they deported a bunch of the immigrant workers in the strawberry fields. And this like redneck guy that owns, he goes,
I want my immigrants back. We got all these white guys out here and they don't work as hard.
So this is just stupidity and an authoritarian play so that there's 0.01% that hold all the
money, all the wealth, and then everybody else has these shitty jobs.
And China and other countries are just like, you guys are dumb. I mean, I could say it deeper and
deeper, but for them, they're like, how stupid are these guys? Well, the thing about it is,
I truly believe that Donald Trump, I think you're 100% right with the authoritarianism. He wants to
be an authoritarian.
So he is doing everything in an authoritarian playbook. And these people continue to vote
against their own interests. And this is my number one thing right now. You have in the S&P 500s,
you have zero CEOs speaking out and pushing back against Donald Trump. Zero out of the S&P 500 companies,
zero leadership in any CEO standing up to this fascist, authoritarian, illegal,
anti-human rights administration. And it is abhorrent. You have Harvard standing up
and we're going to start to see others, But I think we need to start putting pressure on everybody.
The people is not going to be enough.
Corporations are not going to be enough to stand up to get against this
to save our country. Everybody has to come together.
And there's a couple of Wall Street executives that are starting to crack.
Put this up.
More executives from Goldman Sachs CEO David Solomon to Virgin Group founder
Richard Branson
warned Wall Street and the Trump administration of the damage to the economy that tariffs will cause.
Branson said Trump could do lasting harm with his unpredictable trade policies
that took a booming economy and shook it to its core.
It's just such a pity because everything was going so bloody well up to
about three months ago, Branson said. I think more and more S&P 500 CEOs have got to speak
up because what is happening is they're playing this short-term game where they think they
can consolidate a lot of wealth and make a lot of money under Trump. Well, as we found
out, everybody's going to lose a lot of money. In a recession of money under Trump. Well, as we found out, everybody's going
to lose a lot of money. And in a recession, these S&P 500 companies don't do well. And Americans
have to lean on these corporations to help save democracy. We can clean up that part of it later,
but I don't think we save this democracy without the private sector stepping in and standing up to this Trump regime
in the same way that Harvard is doing? Well, we saw that last week, Walmart, Home Depot,
Target CEOs went to Trump and said, we're going to have serious issues. I read this weekend,
by May, they think shelves will be empty. The Port of Seattle importing goods, empty. So we're going to start feeling it.
And you've always said these CEOs are short-sighted. And I believe that because we're looking at,
I mean, if nobody's making any money and there's nothing to buy, they lose just as much as
the American public.
And I call on all three of those CEOs, instead of sitting down with him and still trying
to play patty cake with him, get other CEOs, get a whole legion of CEOs and then go to the steps of Congress and apply
pressure because this, we are at a precipice.
We are living in a historical moment and we are crashing the world's strongest economy
and the whole American experiment for a broken, insecure, malignant narcissist.
It's utterly chaotic and insane. All right. Please subscribe. We're getting super close
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