Friedberg
๐ค PersonAppearances Over Time
Podcast Appearances
Why do you think the leadership is not up in arms on the obvious fraud that you've demonstrated so clearly?
Why are the government officials within Minnesota not throwing their hands up saying we have to make this stop right away?
Why are they taking a defensive posturing?
They're like incompetent or do you think there's like complicit behavior here?
That's why I double clicked on it.
Yeah, and I'll tell you where I have the most concern as a citizen.
I'd be most concerned about these members of the government
that are complicit or turning a blind eye to allow this capital to flow to individuals who then turn around and use that capital to make donations to those government representatives' campaigns.
If that paper trail is found that the government representatives are causing money to flow basically back into their own pockets or their own campaign coffers, that to me is the most offensive thing as a citizen.
That not only are they enabling fraud, but the- Of course that's happening.
Probably two things.
So this is like everyone pocketing the silverware as the Titanic is sinking because the spiraling spending, the lack of audits, the lack of accountability effectively enables an environment like this because we've basically increased government spending so much
to basically try and grow the economy, prop up the debt, keep the debt service payments flowing, etc.
So as a result, anytime you have a bubble, and in this case, we have a bubble in government spending, you have frothy, fraudy behavior.
There's, my guess, tip of the iceberg.
Elon's estimate was 20% of federal spending falls under this kind of fraud camp.
could be more.
And then when you add in state and local spending, and you start to do the accounting on all of this, we're probably talking about a sizable percentage of overall GDP that is effectively theft.
through government agencies or government checks being written.
And I think that's going to be the great uncovering of 2026 is we're going to see on the order of trillions of dollars.