Remember, Washington is one of the largest crime scenes in the history of the world! Furthermore, this crime scene has been active for DECADES (40 years??)!
Elon Musk estimated that as much as 100% of all the outstanding debt of the U.S. was created by government waste, fraud, and theft. He was able to glimpse into the Washington crime scene by participating through the DOGE exercise AND the accounting audit activity during the government shutdown in the fall of 2025. If his estimate ("guess") is correct, then approximately the entire $38 TRILLION of outstanding U.S. debt is due to fraud!
Catherine Austin Fitts is another person that has participated in audit activities in Washington. She was the Federal Housing Commissioner and U.S. Assistant Secretary of Housing and Urban Development under President George H.W. Bush. She estimates that the fraud and theft of taxpayer money totals $20 Trillion to $25 Trillion dollars!
This situation gets more infuriating because the people who stole this money are charging U.S. tax payers interest on the money STOLEN FROM US! The interest expense on this fraud in JUST 2026 will be >$1 Trillion! Think about it: Someone steals your car then charges you for the the full price of the car, the maintenance, and gas for that car!
Solution: If ALL of the U.S. outstanding debt is due to theft, then should it be written off as an uncollectible expense? The rules of accounting state that when an expense becomes uncollectible, then it should be recorded as a loss and written off.
Remember, Washington is one of the largest crime scenes in the history of the world! Furthermore, this crime scene has been active for DECADES (40 years??)!
Elon Musk estimated that as much as 100% of all the outstanding debt of the U.S. was created by government waste, fraud, and theft. He was able to glimpse into the Washington crime scene by participating through the DOGE exercise AND the accounting audit activity during the government shutdown in the fall of 2025. If his estimate ("guess") is correct, then approximately the entire $38 TRILLION of outstanding U.S. debt is due to fraud!
Catherine Austin Fitts is another person that has participated in audit activities in Washington. She was the Federal Housing Commissioner and U.S. Assistant Secretary of Housing and Urban Development under President George H.W. Bush. She estimates that the fraud and theft of taxpayer money totals $20 Trillion to $25 Trillion dollars!
This situation gets more infuriating because the people who stole this money are charging U.S. tax payers interest on the money STOLEN FROM US! The interest expense on this fraud in JUST 2026 will be >$1 Trillion! Think about it: Someone steals your car then charges you for the the full price of the car, the maintenance, and gas for that car!
Remember, Washington is one of the largest crime scenes in the history of the world! Furthermore, this crime scene has been active for DECADES (40 years??)!
Elon Musk estimated that as much as 100% of all the outstanding debt of the U.S. was created by government waste, fraud, and theft. He was able to glimpse into the Washington crime scene by participating through the DOGE exercise AND the accounting audit activity during the government shutdown in the fall of 2025. If his estimate ("guess") is correct, then approximately the entire $38 TRILLION of outstanding U.S. debt is due to fraud!
Catherine Austin Fitts is another person that has participated in audit activities in Washington. She was the Federal Housing Commissioner and U.S. Assistant Secretary of Housing and Urban Development under President George H.W. Bush. She estimates that the fraud and theft of taxpayer money totals $20 Trillion to $25 Trillion dollars!
This situation gets more infuriating because the people who stole this money are charging U.S. tax payers interest on the money STOLEN FROM US! The interest expense on this fraud in JUST 2026 will be >$1 Trillion! Think about it: Someone steals your car then charges you for the the full price of the car, the maintenance, and gas for that car!