The Runaway Train
We have kicked the financial can down the road as far as it will go – but is there a solution?
Elon Musk and DOGE are trying to eliminate the $2 trillion budget deficits that are now built-in to the current federal government spending regime. Musk promised trillions in savings, but that isn’t going to happen. Last week Musk said he is striving for a $150 billion cut in FY 2026. But Trump wants to increase “defense” spending by $150 billion in his “big, beautiful bill,” exactly offsetting the DOGE cuts.
That means another $2 trillion deficit for fiscal year 2025, unless a miracle happens.
On the other hand, Trump seems very optimistic about the financial and economic future of the country. As President he has more information than the rest of us, and is presently trying to adjust the imbalances in the system of international trade. The goal is bilateral trade negotiations, bypassing global institutions like the World Trade Organization that are run by elites. This has some promise, I think. Will trade re-alignment be enough to rebalance the nation’s finances? Well, we have three and a half years to find out.
Meanwhile, the mainstream news media is united in their disgust of Trump’s tariffs, particularly the 145% tax on China’s goods. I think that the tariff on China is America’s retaliation for the CCP’s ongoing 20-year Unrestricted Warfare campaign against the US. This campaign was outlined by two People’s Liberation Army colonels in 1999. It has been very successful. You can read their book here.
Moreover,
“Alexander Gray, CEO of American Global Strategies and a senior national security official under the first Trump administration, thinks China’s behavior will weigh more in allies’ considerations than the United States’ behavior. “[Trump] has put China in an untenable position of revealing what many of us already knew: the PRC has built an economy designed to wage economic warfare for the perpetuation of the regime,” he told The Epoch Times in an email. “Beijing’s unwillingness and inability to change behavior reveals the CCP for what it is and puts the U.S. and its allies and partners in a unified bloc opposing Xi’s malign activity.”
— Terri Wu, The Epoch Times
We’ll see.
My take is that Trump is acting forcefully now because, if nothing changes, unsustainable $2 trillion budget deficits (or more) are going to be the norm every year. These deficits will have massive financial consequences.
Interest on the national debt
The interest on the national debt – money that has already been spent – is already over $1 trillion per year, fully one-fifth of what the government will collect this fiscal year in taxes and fees. And it will go up year after year if government spending continues on its present course. Treasury bonds and securities mature and have to be paid, and interest rates are several points higher than they were before the massive spending increases during Covid. It’s going to cost the federal government more to borrow than it did when interest rates were close to 1%. If the printing presses continue to pump out more fake money to cover increasing deficits, massive inflation will result.
Here’s a graph that shows how much the federal government spent yearly on interest on the national debt since 1990:
Data from the St. Louis Federal Reserve bank. Graph at https://cms.zerohedge.com/s3/files/inline-images/interest%20expense%20march%2025.jpg?itok=xZCoTD4h
The graph shows that the interest on the national debt began to accelerate rapidly in 2020–21. Out-of-control government spending has been the norm since then, using Continuing Resolutions that peg this year’s spending equal to last year’s, and it all gets thrown into a gigantic Omnibus Spending Bill that passes before anyone in Congress reads it.
DOGE discovered during its investigation of Executive Branch agencies that the system is set up to loot the Treasury. This process will likely continue until Congress wakes up and starts to do its Article 1, Section 7 and 8 duty, or this administration somehow pulls off a fiscal miracle.
I’m an optimist, so I believe (on faith) that everything will turn out all right in the end. But neither hope nor faith is a strategy
At this point in our nation’s history, we have kicked the financial can down the road as far as it will go. If nothing is done to cut spending, soon a financial reckoning will occur.
Trump is off to a good start with his bilateral trade re-negotiations, which have the added benefit of getting the nations of the world in communication with the US (over 75 countries as of this writing on April 11th are sending representatives to DC). More communication means more understanding, and the possibility of resolving other serious intra-national problem as well.
The 9 billion pound gorilla
But there’s a huge X-Factor in all this, which surfaced during Trump’s press conference on April 9 in the Oval Office. Trump said,
“We’re very powerful, this country is very powerful. It’s far more powerful than people understand. We have weaponry that nobody has any idea what it is, and it is the most powerful weapons in the world…more powerful than, it’s not even close.”
WTF is Trump talking about? I think he’s talking about super-high tech developed by our private defense contractors that exist in our hidden black programs.
The disappearance of Flight MH370 in 2014 gives us some idea about this technology. Here is a thermal video taken from U.S. military sources, of MH370 (thank you Ashton Forbes). Watch what happens at the end. It’s frankly unbelievable.
The best guess is that the three orbs in the vid are non-equilibrium plasmas that can generate tremendous charge densities around an object. If these charge densities become great enough, a tear in the fabric of spacetime occurs and an Einstein-Rosen bridge, or wormhole, is created. According to physicist Eric Davis, a wormhole is a teleportation device.
This is some serious technology.
A country that can disappear an entire Boeing 777 aircraft – 11 years ago! – probably has other exotic technology that no one has ever heard of. Such as the extraction of energy from the quantum vacuum. That’s a game-changer for our entire civilization because it would mean an unlimited supply of clean energy that can make everyone on this planet energy-independent. No more poverty. No more war. It’s unbelievable to even think about.
Seen in this framework, the collapse of the government’s finances isn’t catastrophic, because a civilization-changing solution is available. The problem is that it might take a while to roll out the new technology in an economy based on primitive fossil fuels, solar arrays, and wind turbines.
Trump wasn’t kidding at his press conference on Wednesday, when he said that the US has technology that is so powerful no one would believe it. I think this statement was a sort of soft Disclosure, and went much further than the nothing-burger UFO hearings in Congress. A UFO, by the way, is a zero-point energy craft – whether it is man-made or alien.
Dr. Steven Greer has been talking about the frontier physics tech in our black programs for three decades, but this is the first time a President gave it a serious mention. It was a public acknowledgment that in our black programs, we have advanced very, very far. Far enough, perhaps, that accessing energy from the zero-point energy field is possible in a practical way.
If Greer is correct then almost every “UFO” in our skies is a man-made one. But where do these craft come from?
Breakaway civilization funded by U.S. debt?
The money to build these things comes from the trillions diverted to the black budget. Catherine Austin Fitts estimates that there are at least 170 Deep Underground Bases (DUMBs) around the world, which are essentially top secret factories for building zero-point energy craft and who knows what else. These DUMBs are for all intents and purposes a separate breakaway civilization, whose goal is unknown. Needless to say, these facilities are fanatically guarded and no public access is possible.
I think Trump knows more about this exotic technology than he is saying publicly. Greer has briefed everyone interested in the Trump administration – as he has with other Presidents and administrations.
Who or what is behind the runaway financial train and its massive debt?
In 2021, Professor Mark Skidmore of Michigan State University and Catherine Austin Fitts, a former HUD executive, reported that tens of trillions of dollars have gone missing from the Department of Defense. From solari.com:
“On January 22, 2020, Bloomberg posted an article written by Anthony Capaccio, “Pentagon Racks Up $35 Trillion in Accounting Changes in One Year” (https://www.bloomberg.com/news/articles/2020-01-22/pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year). In the article, the author reports that the Department of Defense recorded enormous “accounting adjustments” for fiscal years 2017, 2018, and 2019:
FY2017: $29 Trillion
FY2018: $30.7 Trillion
FY2019: $35 Trillion
Total: $94.7 Trillion
“As described in previous reports and updates (Skidmore and Fitts, 2017), accounting adjustments are typically a small fraction of authorized spending, not many multiples of spending. Prior to this Bloomberg article, Skidmore and Fitts (2017) compiled government reports indicating that government had accumulated $21 trillion in unsupported journal voucher adjustments over the 1998-2015 period. The $21 trillion figure was so large at the time, bigger than the United States economy, that it resonated with the public. As a result, the “missing money” issue received considerable attention from both the alternative and legacy medias.
“The $94.7 trillion figure dwarfs the $21 trillion, and yet to our knowledge no other news outlets picked up the story, and in fact we did not learn about the Bloomberg piece until January of 2021, thanks to Rob Kirby who brought the article to our attention. How is it that $21 trillion could make waves in the media and yet $94.7 trillion in account adjustments went largely unnoticed?
“Focusing on fiscal year 2019, $35 trillion in accounting adjustments is 47 times the $738 billion in authorized DOD funding in that year, and 1.6 times U.S. GDP of $21.4 trillion. The enormity of the accounting adjustment defies any rational explanation.”
Certainly, $94 trillion in accounting adjustments does not mean $94 trillion was actually spent. But this begs the question: Why are you making such massive adjustments?
It appears that the U.S. Treasury is being looted to the tune of trillions of dollars. Go on the website from the links above and read all about it. This story is almost as unbelievable as the MH370 video and the claim that the US has zero-point energy craft.
How could this have happened? Your guess is as good as mine, but we do know that in 2018, the accounting rules for all federal government executive branch agencies – and the secret black budget programs – were changed to allow the federal government to “misstate and move funds in order to hide expenditures if it is deemed necessary for national security purposes.”
This is another unbelievable story.
FASAB 56 Statement
“On October 4, 2018 federal government officials accepted the recommendation of the Federal Accounting Standards Advisory Board (FASAB) that the government be allowed to misstate and move funds in order to hide expenditures if it is deemed necessary for national security purposes. The new guidelines are to apply to all agencies, not just the black budget.
“With the change in accounting guidelines, which is a full departure from Generally Accepted Accounting Principles (GAAP), only a few people with high level security clearances have the authority to determine what is deemed a national security issue, and these same people will now be allowed to restate financial reports in order to conceal actual expenditures without any disclosure. No one but those few people would know that such modifications were made, thus making evaluation of government financial statements impossible. From this point forward, the federal government will keep two sets of books, one modified book for the public and one true book that is hidden.
“The FASAB recommendation effectively institutionalizes non-transparency in federal financial reporting. While many aspects of federal finances are non-transparent now because government has failed to comply with existing financial reporting laws, at least citizens had the laws working in their favor. Now citizens have no recourse; non-transparency is going to proceed as a matter of executive branch authority and policy.”
[emphasis mine]
This accounting regulation is called FASAB Statement 56.
Well, there you are. The looting of the U.S. Treasury is the source of funding for a shadow government or a breakaway civilization, and is certainly contributing to the federal government’s $37 trillion deficit.
The diversion of funds has been ongoing for decades, but FASAB 56 made the looting of our Treasury official.
What happens if the US collapses financially?
It is obvious that Musk and DOGE are just sniffing around the edges of government corruption. The biggest scams always remain hidden, simply because they are too unbelievable.
(For an overview of the current situation with Catherine Austin Fitts, go here.)
Because most of the missing money has gone into the Pentagon, a FULL audit of the DoD and the black budget must discover where the missing dollars went (and are going).
The key player, as always, is the United States. If we do nothing to solve our own debt crisis, the rest of the First World is probably toast along with us.
For Third World countries, the collapse of the corrupt fiat-money debt system used to control them might eventually be a good thing.
On the bright side, a financial collapse may also bring with it a collapse of the polarity and hatred that infests our society. Without the endless printing of fiat money, the worldwide control system will starve and implode, and so will the criminals who have been looting our country. That might be a good thing, because the adults in the room could then begin to implement a saner civilization.
Conclusion
The scope of the corruption makes a mockery of the democratic process and the entire human race.
Why is this information coming out now? Well, I guess it’s because the human race has been sleeping for millennia. But now we are waking up.
The world is going to be a different and much better place once hidden knowledge becomes public information.