It seems rather counterintuitive that a billionaire like Donald Trump or Elon Musk would essentially work for our Federal government for free. After all, they did not get rich giving their intellect, products, and services away. Of course, the liberal Democrats, never ones to experience anything close to charity, had to paint a picture whereby these billionaires were gaming the system to rip off our government in the future. That is not the case.
People who really understand and know money and how to make it know the big picture of finance and that would be both global and national economies. Simply put, if our Gross Domestic Product (GDP) is outpaced by our national debt (money we borrow from our future selves and/or others) we begin a death spiral scenario whereby we cannot pay our debt down.
At the rate the U.S. is borrowing against our future now, the U.S. will owe 50 trillion dollars by 2035. Today we are at 36 trillion dollars. Elon Musk sounded the alarm when he noted the amount we produce in GDP to pay down our national debt is now outpaced by the interest rate on our debt alone.
To put it in simple terms, America now finds itself like those Americans who have so much credit card debt they cannot make a payment without having their card debt increase more each month.
Some financial experts are openly discussing how it has been commonly thought in this country that when your debt to GDP ratio goes over 90%, your country is in trouble. Right now, America sits at 130%!
In the past we have discussed how there is this financial convention known as the Cloward-Piven Strategy whereby some could intentionally topple a country by way of destroying its economy. Simply put, it involves outnumbering makers with takers such that the economy is not self-sustaining. Put in more direct terms; If you have less people making things, like in manufacturing, and more people living off the government (taking), like in entitlement programs, you country is going to fail. Essentially you have diminished GDP.
There is another interesting phenomena explaining our debt crisis the mainstream media is ignoring. They neglect reporting the missing TRILLIONS of American dollars from our Federal government as noted here:
“September 10th, 2001 – RUMSFELD: ‘We cannot track 2.3 TRILLION dollars in transactions’” – CSPAN
and here:
“Musk’s DOGE Uncovers $4.7 Trillion Untraceable Payments” – Biz Doc Podcast
To give you a sense of perspective as to how big a trillion is: California is the state with the highest value by GDP (for now) at around $4 trillion annually. In 2024 the national GDP was $29 trillion.
CONCLUSION:
The very excellent journalist podcaster Tucker Carlson recently had a lady guest on who told some most disturbing stories. One story resembled the very definition of treason. It also could explain, in large part, how our National Debt has increased so dramatically over the past few decades.
“Catherine Fitts: Power Grids, Bankers vs. the West, Secret Underground Bases, and Extinction Events” – Tucker Carlson
Former Bush administration official Catherine Austin Fitts explained how America’s leaders gave up on the country in the 1990s and began stealing trillions of dollars while building a digital (monetary) prison to control the population.
Fitts talks about many frightening things but the one that caught my attention was around the 52 minute mark:
“The Senate the, um, House, Republican and Democrat all of them together instituted issued an administrative policy called Federal Accounting Standards Advisory Board Statement 56.
What that policy said is as a matter of administrative policy we do not have to obey the Constitutional provisions related to financial budgeting and disclosure, we do not have to obey the laws, and we do not have to obey the regulations. What we can do is appoint a secret group of people by a secret process to move money out of the financial disclosures of the United States and 150 so it’s the 24 covered agencies plus approximately 150 governmental entities and when you throw in the classification laws and the, um, the national security laws it also applies to the big banks and contractors working for the US government.
Now let me explain what this means as a matter of investment. When I look at the U.S. large cap stock market, or the U.S. bond market, the Treasury market… I have no financial disclosure that have any meaning. Everything’s secret. I have no idea what it means if I pick up the financials of a New York Fed member bank that is running New York, the U.S. Treasury Department’s bank accounts, or if I pick up the Treasury financial statements, they’re meaningless. They don’t mean anything. What’s missing?
You can’t know all you can know if a secret group of people can move whatever, make whatever they want, go missing and you can’t know what it is. It’s all secret.”
From fiscal years 1998 to 2015 some $21 trillion is said to have gone missing from the U.S. Departments of Defense and Housing and Urban Development (DoD and HUD). A Catherine and Professor Mark Skidmore published several bombshell reports documenting how the government forestalled any further research into the missing money. Then, in October 2018 the Federal Accounting Standards Advisory Board Statement 56 (“SFFAS 56” or “FASAB 56”) was passed. FASAB 56 is an administrative policy that essentially lets the government keep secret books in violation of the federal financial management laws enshrined in the Constitution.
People ask: Why is nobody talking about this missing money?
In early 2019 journalist Matt Taibbi did. After the implementation of FASAB 56, Taibbi not only gained mastery over the topics of “classified money-moving” and “failed Pentagon audits” but wrote two articles about these developments at Rolling Stone.
Full Report: Hero of the Week Matt Taibbi
People should support Donald Trump and Elon Musk and the DOGE team. We essentially have people working from within this country to destroy it. Their attacks seem to be twofold; Rip us off in secret and overload our entitlement programs.
Both, of course, are leading our National Debt to a cliff.
President Trump needs to revoke FASAB 56 by Executive Order as un-Constitutional act. He then needs to order FBI Director Kash Patel and Attorney General Pam Bondi to track the trillions of dollars missing from the taxpayer coffers starting some 25 years ago. Those who understand crime and criminals know it cannot be easy to take and hide American dollars numbering in the TRILLIONS!
The recovered money could easily erase most of our national debt which is scaring our richest Americans today because they understand money in ways most of us do not.
© 2025 by Mark S. Schwendau
