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Mama Cecilia oooooooo, FG not Tinubu has shared N3 trillion the highest allocation so far courtesy of fuel subsidy removal. 2: FG: N1.14 trillion; states: N943.35 billion and Local govt: N673.64bn 3: no bank Manager dey get call abeg loan us small money. Dem put BM’s number for archived jare

26,719 görüntüleme • 17 gün önce •via X (Twitter)

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Taiwo Oyedele is trending because the Minister of Finance revealed that FG saved ₦15.8 trillion from subsidy removal since June 2023. As promised last month, the Minister outlined how it was spent: • FG: ₦5.4T (34%) • State Govt: ₦6.5T (41%) • LG: ₦3.9T (24%) He added that this money doesn’t reflect in the federal account as “Subsidy Savings” because it was generated from reforms. What he simply meant was, there was no cash deposit of ₦15.8T. But as the petrol subsidy was removed and the naira floated, FG stopped paying subsidies, while Customs, the Nigeria Revenue Service and oil related taxes generated more naira from the same dollar revenues. Because, before the naira was floated, $1 was valued at ₦460. After the floating reform, the same $1 became worth ₦1,004. So, if an agency had $1 million in dollar revenue, it was worth ₦460 million before the reform. After floating dollar became ₦1,004/$, that same $1 million automatically became worth ₦1.004 billion, an increase of ₦544 million in naira terms. The same applies to taxes and other government revenues collected in dollars; when converted at the new exchange rate, they generated more naira. This is what he meant by subsidy reform impact. This ₦15.8T is what was accrued from June 2023 to December 2025. Taiwo Oyedele added that, FG generated about ₦20.4T during this period from the reforms, extra taxes/revenue, and borrowing. But expenditure was at ₦30.64T. Of which ₦9.39T went to wages due to the minimum wage increment; ₦9.37T went for debts, while ₦6.5T was spent on infrastructure. Follow Trending Explained for daily explanations!

Trending Explained

27,541 görüntüleme • 16 gün önce

Nigerian President Bola Tinubu (Bola Ahmed Tinubu) was employed as Treasurer of Mobil Oil Nigeria Ltd. when, according to U.S. Department of Justice FBI DEA HQ records, he was alleged to have been connected to a criminal organization involved in smuggling heroin from #Nigeria into the United States. Mobil later became part of the corporate lineage of what is today ExxonMobil. Funds associated with Tinubu were seized as proceeds of drug trafficking by the DOJ, but strangely, Tinubu was allowed to leave the United States without being criminally charged. As Nigeria's President, #Tinubu’s government has maintained significant relations with ExxonMobil, including direct engagement with the company and major policy, regulatory, and investment decisions affecting its Nigerian operations. Reports show that ExxonMobil has benefited tremendously under President Tinubu through major state reforms: The Fuel Subsidy Removal: The elimination of the multi-trillion-naira fuel subsidy freed up national revenues that allowed Nigeria to pay its obligations and joint-venture cash calls to major international oil operators like ExxonMobil. The $1.28 Billion Seplat Approval: President #Tinubu's administration broke a long-standing regulatory deadlock by officially greenlighting ExxonMobil’s asset divestment to Seplat Energy, clearing the firm's capital path out of older shallow-water assets. Deepwater Tax Breaks: President #Tinubu introduced massive tax credits—up to $11.50 per barrel—enabling ExxonMobil to shift its full operational weight toward more profitable, export-heavy offshore projects. Production Pledges: Following direct meetings with the presidency, ExxonMobil has reinvested in local operations to bring an additional 40,000 barrels per day (bpd) into the Nigerian crude stream. Disclaimer: The information above is presented for public-interest, research, and commentary purposes. References to President Bola #Tinubu and historical drug-trafficking allegations concern allegations and matters reflected in U.S. government and court records. Nothing in this post should be interpreted as asserting that ExxonMobil participated in, had knowledge of, or was connected to any alleged criminal activity. The references to actions benefiting ExxonMobil are not intended to allege a quid pro quo or unlawful conduct by ExxonMobil.

Von Batten-Montague-York, L.C.

123,756 görüntüleme • 15 gün önce

Catherine Austin Fitts: "The big picture is right now we are in World War III, and we have factions in the United States who are fighting bitterly... [but if we said] I am not going to bank at the banks that stole $55 trillion [of taxpayer money], there would be a revolution." This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from a discussion with Mel K (The Mel K Show) posted to Rumble on January 10, 2026. ----------------Partial transcription of clip--------------- "The big picture is right now we are in World War Three, and we have factions in the United States who are fighting bitterly, and that fight goes all over the world. So a lot of the fight in Ukraine is between different factions in the United States. It's not between us and the Russians. It's between us and us. So you have this asymmetrical warfare of factions fighting all over the world. "And the thing to know is all of those different factions, none of them have the knowledge. None of the leadership of those factions has the knowledge, experience, or cultural power to succeed at leadership. And so you're watching a fight of factions, and all of them are destined to fail. And that means we are trying to live our lives among a very dangerous and messy situation. "And, so that's why it is imperative that we say they don't have what it takes to lead. We have to stitch together, collaborating what it takes to lead. And we have to lead. We have to lead through. We have to turtle through this extraordinary World War 3 and build the kind of world that's worth living in, because they won't, and they can't. And we can't vote our way out of this either. "[But] there are amazing people all over the country who are now running for local office. I've met some of them. So if 5 to 10% said, you know, I've had it with these big banks, who's, you know, there's $21 trillion missing from the federal government through 2015, then it went dark. So we don't know what the number is after that. And then. And then there's $29 trillion missing on the bailouts. That's $50 trillion. Then $5 trillion injection during the Going Direct Reset, that's $55 trillion. "So the numbers are very clear. And if we don't, what can I say? The time has come to take over. And what I see all over the country is when you understand you can't vote your way out of this although you can get huge amounts done in state and local government and a few federal people are getting huge amounts done and we should talk about them, but you realize you've got to push back because what these guys, all the different factions are planning on building is a world we don't want to live in "And if you look at how much they've been stealing, if we could just stop them parasiting each one of us one family at a time... it would make a huge difference and if 5 to 10% of us said I am not going to bank at the banks that stole that $55 trillion, there would be a revolution. I can't tell you how many people I meet and they're still banking with these banks and so the message is you can steal $55 trillion from us, and I'll still give you my money. It's like—"

Sense Receptor

37,251 görüntüleme • 7 ay önce

Barry Sternlicht recently went on an EPIC rant about the Fed, predicting when they'll lower rates and the challenges the US is facing "Inflation will fall below 2% as soon as the rent component catches up to the data. The question is, when will the Fed lower rates? But here's where it gets really tricky... The economy is too strong. It's too strong because of public spending. It's not too strong because of private spending. Private spending is rolling over.... Everyone's laying workers off. But the federal government's hiring them.... They're spending enough money to keep these guys employed. So the Fed keeps using this really blunt, horrible instrument 5.5% interest rates with two huge victims, because we have a $34 trillion deficit, and the debt is going to roll over. A third of our debt rolls over this year. He can pay 5.3% on it, or he can pay 3% if he lowers rates. That's $200 billion. That's a quarter of the defense budget, which is the largest component of our budget. So he has a choice. Pay $300 billion on $13 trillion, or pay $500 billion on $13 trillion. It's up to you, right? So it's 3% or 5%. So that's one problem. Second problem is the regional banks. He's blown a hole through their balance sheets. There's $1.9 trillion of real estate loans in the regional banks... there's only $800 billion in the money center banks, and he blew their banks to garbage. These banks are out of business. They can't make money offering us 5.5% CD rates. So he's gonna have the next crisis if he doesn't lower rates. It's a serious mess in the capital markets and real estate and fixed income... anything that was yield related. Will he keep rates here? Yes, unfortunately. Why? He's up for, he's leaving in January. Powell's out. He's not going to be the guy who let inflation come back... I don't think we'll get the March cut. I think the data, as soon as inflation falls below 2%, there'll be a lot of pressure on him. That might be May. So I think June, you'll see cuts. It'll become very obvious that the private sector is struggling as the consumer runs out of money... And why has this economy kept going? Not only his spending, people have jobs. And b/c they have jobs and employment rates are good, so they're spending. But they're spending money they don't have. It's not in their savings account. It's all gone. And now they're on the credit cards. [And now] Americans are willing to live on Affirm. Now we have new ways to spend money we don't have."

Triple Net Investor

334,305 görüntüleme • 2 yıl önce

Catherine Austin Fitts: "You think DOD is going to say, 'Oh, guess what, nobody gets any retirement. We stole [$20 trillion of taxpayer money]...&...sent it to Basel, Switzerland'?" "The pandemic was a military operation...implemented by the people who stole the $20 trillion." This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts ), is taken from an interview with Dr. Jane Ruby (DR JANE RUBY™️) posted to The Dr. Jane Ruby Rumble channel today, June 18, 2025. For reference, Fitts is describing how she and MSU professor Mark Skidmore discovered that the Department of Defense has stolen at least $20+ TRILLION of U.S. taxpayer money. (That number was as of 2015, and it is likely much larger now.) Fitts notes that the DOD was also in charge of "the pandemic" here in the U.S. and that COVID—including the supposed "vaccines" for the disease (see full interview)—have been used to lower life expectancy in order to avoid a reckoning regarding Americans' missing pension money. ----------------Partial transcription of clip--------------- "The moment they started the financial coup, they started to implement policies that made life expectancy go down. Because if you can't balance the budget by putting more funding behind the retirement system, the only way you can balance the— Well, you can, you can extend retirement, the date of retirement, or you can lower life expectancy, or both. But that's— You have to— if the population and the Congress refuse to do the financially responsible thing, then your only other choice is to is to lower life expectancy. "He [Mark Skidmore] was like, I don't understand what you're talking about. So when the pandemic hit, I knew exactly what it was. Because if the pandemic was a military operation, it is being implemented by the people who stole the $20 trillion. "Do you really think that DOD is going to say, 'Oh, guess what, nobody gets any retirement. We stole all the money... and we sent it to Basel, Switzerland'? Or wherever they've got a stockpile, or we sent it offshore, we send it wherever the money went, whatever it funded. "The American people, if you're the President of the United States, every day, every week, the primary dealers working with the New York Fed go out and borrow money. So they sell treasury bonds and treasury bills to your IRAs and your retirement accounts and your pension funds. Okay. So I sell a treasury bond to a pension fund. And so you work all your life, you put your cash in your pension fund. The pension fund buys a Treasury bond, the money goes into treasury, the bank account at the New York Fed for Treasury. And then it disappears out the back door. "When Dr. Skidmore documented and published a study in 2017 that 21 trillion was missing, the outstanding debt of the United States at that moment was 21 trillion. The balance sheet. So do we have too much debt or do we have a bank robbery? "But here's the thing. As a citizen now, my pension fund is not an asset, it's an IOU for myself as a taxpayer. So I've put cash into my pension fund, and my cash has been converted to an IOU that I owe myself as a taxpayer, without your consent. Because the bonds have a call on all of our assets. "If you're the Department of Defense, do you really want to tell somebody, oh, you know, we disappeared 20 trillion of your money, and so, you know, so the question is, how do you manage that situation? Anyway, so, yeah, you know, if DOD stole your money, I think it was, you know, that money disappeared out of DoD accounts at the New York Fed...."

Sense Receptor

151,758 görüntüleme • 1 yıl önce

🚨DEBT CRISIS: Why Are We Funding Israel While Drowning in $34 Trillion Ourselves? Let this sink in: The United States has spent over $30 BILLION defending Israel in just the last 2 years alone. And over the last 75+ years? 👉 $300 BILLION+ of YOUR taxpayer money has gone to support one foreign country. That’s not a typo. $300 billion. Israel is the single largest recipient of U.S. aid in history — no one else even comes close. So next time someone tells you, “It’s just a drop in the bucket,” they’re either lying to your face or completely ignorant of the numbers. Meanwhile here at home: 🇺🇸 We’re $34 TRILLION in debt 🚨 Our border is a disaster 🏚️ Cities are collapsing under crime & homelessness 🧓 Veterans are sleeping on the street 💰 Inflation is crushing working families 👨‍👩‍👧‍👦 Americans are taxed to the bone just to get by And yet... politicians from BOTH parties are writing blank checks for endless foreign conflicts — while ignoring the crisis in our own country. Why is Israel’s security more important than yours? Why are American troops protecting their skies while ours are invaded daily? Why are we sacrificing our future for a country that’s not even in our hemisphere? This isn’t about left vs. right. It’s about AMERICA FIRST — and waking up before there’s nothing left to defend at home. Our money. Our soldiers. Our future. 🇺🇸 Not for sale. Not anymore.

Project Constitution

13,356 görüntüleme • 11 ay önce

#WATCH | Delhi: On ethanol, Vikram Gulati, Country Head and Executive Vice President (Corporate Affairs and Governance) of Toyota Kirloskar Motor, says, "...I think there is a lot of misunderstanding about the fuel. For example, if you look at it from the automotive sector, there is a lot of myth that if you use E20 blended fuel, vehicles will get damaged. It's a myth. It doesn't happen this way. There's a lot of myth about the amount of mileage loss or the fuel efficiency loss. Yes, there is some fuel efficiency loss, no doubt. But it is not so big as it is being made out to be...E85 and E100, that is, 85% ethanol and 100 % ethanol, are not meant for regular cars. It is meant for a different type of technology, which is called a flex fuel vehicle. This vehicle can take any mix of ethanol. So people need not worry. E20 is the standard fuel that will be available, and it is compatible with old vehicles and new vehicles. All vehicles sold after 1st of April 2023 are fully materially compliant with E20. And people need to be reassured that in 2021, before we went into E20, there was a very detailed scientific study done by the leading automobile testing agency in the country, which is ARAI (Automotive Research Association of India). It clearly established that the possible damage to cars and two wheelers which are old is not there. It's very insignificant. And it also established that the fuel efficiency loss is to the extent of 2 to 4 per cent, not significant." On ethanol, he says, "As per the latest statistics from the government, the program so far has helped save 1.9 trillion rupees. Out of that, 1,60,000 crores has gone to farmers. So in the case of India, it's not only helped us to in some way mitigate the energy crisis, but it's also helped us to help the farmers...The reason why not just India, but many other countries are doing it is for energy security, for the agrarian economy, as well as for fighting climate change and environmental purposes."

ANI

547,183 görüntüleme • 2 ay önce

Big Tech just forced the US government into bailing ITSELF out. This morning the US Treasury announced it will at least double the size of its own bond buybacks, because for two months almost nobody else wanted them. The 30-year Treasury bond hit its highest yield since 2007 last Thursday, then did it again yesterday. The long end has been in a buyers' strike since late June, meaning the pension funds and insurers who normally absorb 20 and 30 year government paper stopped showing up. This morning it auctioned $16 billion of 20-year debt at the second-worst yield since that bond was reintroduced in 2020. So the Treasury tore up a schedule it had published two weeks earlier. It doubled the maximum size of each long-bond buyback from $2 billion to at least $4 billion, and went from two operations a quarter to four. The 30-year yield fell 9 basis points within minutes. Stocks rallied. By early afternoon the 10-year had given almost all of it back. BUT the thing is, this operation changes almost nothing, because the underlying problem is untouched: The tidal wave of hyperscaler debt sitting on top of very large government deficits. Hyperscaler means Google, Meta, Microsoft, Amazon, Oracle and Nvidia. The Wall Street Journal went through the footnotes of 9 tech companies' filings on Sunday and found roughly $3 TRILLION in AI commitments sitting outside their balance sheets. That is 5x the $600 billion of capital spending those same companies reported over the past year. Alphabet alone discloses $811 billion in purchase and contractual obligations. Three months earlier it was $332 billion. All of it has to be funded somewhere. And this is where it collides with the government: Data centers, chip supply agreements and 20-year power contracts are long-duration assets, and long-duration assets get financed with long-duration debt. That is the exact product the US Treasury sells. There is a finite pool of investors willing to lend money for 30 years at a fixed rate. That pool does not get bigger because Meta needs another campus in Louisiana. So when the largest companies in history issue hundreds of billions of long-dated debt at the same moment the Treasury needs to roll a national debt approaching $40 trillion, both sides are bidding for the SAME buyers. One of those bidders can offer whatever yield it takes and book it as growth. The other one is the US government, and this morning it folded. Treasury does not create money for these buybacks. It funds them by issuing shorter-dated debt instead, so the obligation does not disappear. It gets pulled closer to the present, to be refinanced at whatever rate exists in a year or two. The government is buying back the debt nobody wants by selling more of the debt people still take. The 30-year Treasury yield is the number that prices your mortgage. The average 30-year fixed sits at 6.67% today. But there IS a real argument on the other side: Buybacks are routine, and $4 billion is nothing against a $30 trillion market. Plenty of serious people will call today housekeeping. But housekeeping shouldn’t require tearing up your own published schedule two weeks after you release it. The AI buildout is now financed at a scale that competes with sovereign borrowing, and the sovereign is losing bidders. Nobody voted on that, and people will pay for it in their mortgage rate long before anyone calls it a crisis. What do you think?

Ricardo

60,043 görüntüleme • 16 gün önce

Alex Krainer (Alex (Sasha) Krainer) explains why Saudi Arabia, after watching the West freeze nearly $300 billion of Russian assets, is now paying a protection racket to Turkey and Pakistan. The Gulf states understand their own trillions in Western-held sovereign wealth are next. The new alliance is not about defending Israel—it is about acquiring new protectors before the imperial system loots everything. Host Zulfikar, who has direct access to the relevant deliberations, confirms the assessment as simply “protection money.” Krainer: “Everybody saw how the Western powers didn’t hesitate a moment to freeze almost 300 billion dollars’ worth of Russian assets in the Western financial institutions. If they are brazen enough, if they are ruthless enough to do this to the number-one nuclear power in the world, then what is Saudi Arabia to them? It’s nothing. It’s a maggot they will squash whenever they choose to do so. Saudi Arabia not only has far more than Russia—last I looked they had something like 800 or 900 billion dollars in direct assets in the United States—but they also have these enormous sovereign wealth funds. The combined assets of the Saudi, UAE, Qatari, Bahraini and Kuwaiti sovereign wealth funds in the West are something close to five trillion dollars. One thing we can take as a near-100% certainty is that before the Western empire fails, it is going to loot all of that money and take it for its own ends. After Ukraine and after what they did to Russia, these rulers may be corrupt, they may be brutal, they may be ruthless and oppressive, but they are not stupid. They see the writing on the wall. They see what is coming their way. The way I interpret this new alliance between Pakistan, Turkey and Saudi Arabia is that Saudi Arabia is deciding to pay a protection racket to Turkey and Pakistan. Two of these three nations are major military powers; one of them is a pipsqueak. Why would Pakistan and Turkey sign an alliance with Saudi Arabia—an attack on one is an attack on all? If somebody attacks Turkey, is Saudi Arabia going to come to their aid? That’s a joke. I think the Saudis initiated this by saying: we are already screwed. We are going to get skinned alive. All our sovereign asset funds—we are probably never going to see them again. So what we can do is, since you are already at least on paper allied with the United States, you can become our protectors. We will pay you for it with these funds that are in the United States. If we say ‘send us a trillion dollars,’ Trump is going to say no—why don’t we send you a trillion dollars’ worth of Patriot missiles that we will deliver in 2046? But if Turkey or Pakistan say ‘send us a trillion dollars,’ the United States may have to send the money. Saudi Arabia gets new protectors, and these new protectors get some of the Saudi money.” Zulfikar: “Alex, a lot of nonsense has been said about this, but you have cut to the chase. You have uttered the words that are the truest words describing what has just taken place. I say this sitting in a position where I have actually listened to the deliberations between people who put their names on the piece of paper. I am that close to the scene. Exactly what you have said is the truth. It is very simple. Saudi Arabia is buying protection. It is protection money. Easy, very simple to understand. And Saudi Arabia watched with great dismay the destruction of the United States by Iran—under 50 years of sanctions.” The Gulf states have read the writing on the wall. Paying a protection racket to real military powers is their attempt to escape the coming looting of the imperial system.

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

61,330 görüntüleme • 21 gün önce

BREAKING: Elon Musk is days away from filing the largest IPO in human history. $75 billion. One raise. Bigger than Saudi Aramco. If it prices where he wants, he becomes the first person ever worth $1 TRILLION. And he just told Wall Street he's rewriting their rules... Here's what's actually happening and why it affects every investor in America: According to The Information and Reuters, SpaceX is aiming to file its S-1 prospectus with the SEC as soon as this week. More than 21 banks are working on the deal, with roles split by investor channel and region. Target valuation: $1.75 trillion. That would instantly make SpaceX one of the ten most valuable companies on earth. Bigger than Walmart. Bigger than Exxon. Bigger than Meta. On day one. For context, Saudi Aramco held the record for the largest IPO ever at over $29 billion in 2019. SpaceX is reportedly looking to raise more than $75 billion. That's not beating the record. That's more than doubling it. And it could be more money than every single US company raised through IPOs in 2024 and 2025 combined. Now here's the part that has Wall Street losing its mind. Elon Musk wants to allocate up to 30% of the IPO shares to retail investors. Normal IPOs give retail 5% to 10%. The rest goes to hedge funds, pension funds, and institutional investors who get first pick at the best prices. That's how Wall Street has worked for decades. Musk said no. He wants everyday investors to get three times the normal allocation. SpaceX's CFO Bret Johnsen has reportedly already shared the proposal with the investment banks. Each bank is getting a narrowly defined role based on regional strengths rather than the usual broad competition for the same institutional clients. Why would Musk do this? Because Tesla investors made him. Tesla has consistently been one of the most purchased stocks on Robinhood for years. Retail investors believed in Tesla when Wall Street was betting against it. They held through the short seller attacks. Through the production hell. Through the skeptics calling it a bubble. Musk remembers that. Now he's returning the favor with SpaceX. He wants retail investors in early. Not after the institutions have already taken their profits on the first day pop. Let's talk about what SpaceX actually IS right now. Because the company filing this IPO is not the same SpaceX from five years ago. In February 2026, Musk merged xAI into SpaceX in a deal that valued the combined entity at $1.25 trillion. So the company going public now spans three major businesses: SpaceX: the rocket and satellite company that has dominated global launch activity in recent years. Starlink: the satellite internet network that has become SpaceX's largest revenue driver, with millions of subscribers worldwide. xAI: the artificial intelligence company behind Grok, now being integrated into SpaceX operations and Starlink network management. Six weeks after the merger, the IPO target jumped to $1.75 trillion. That's a $500 billion increase in six weeks. Here's the financial picture as we know it. SpaceX reportedly generated roughly $15 to $16 billion in revenue last year. About $8 billion in profit, according to Reuters, driven primarily by Starlink. At a $1.75 trillion valuation, that puts the price to sales ratio somewhere between 90x and 110x depending on the revenue figure used. For comparison: Apple trades at about 9x sales. Microsoft at about 13x. Even Nvidia at the peak of AI mania traded around 40x. SpaceX is asking for roughly 100x. That is an extraordinary number. But here's the thing about Musk. People have been saying his companies are overvalued for 15 years. They said Tesla was overvalued at $50 billion. Then at $100 billion. Then at $500 billion. Tesla hit $1.5 trillion. The people who bet against Musk's valuations have lost more money than almost any other trade in market history. SpaceX has dominated global rocket launches in recent years, with a cadence no competitor comes close to matching. Starlink is by far the largest satellite internet provider operating at global scale. The company holds billions of dollars in government contracts, including work with NASA and the Pentagon. And Starship, the most powerful rocket ever built, is getting closer to full operational status with every test. No other company on earth can do what SpaceX does at this scale. Not Boeing. Not Lockheed. Not Blue Origin. Not anyone. That kind of dominance is what justifies paying a premium...

Surmount

26,794 görüntüleme • 5 ay önce

Former Assistant Secretary of HUD Catherine Austin Fitts describes how the U.S. government stole $50 trillion of taxpayer money, used Epstein to launder it, and then poisoned Americans to shorten their lifespans: "We hit the Great Financial Crisis, and then we have $29 trillion of bailouts. So we had $21 trillion of missing money from the US government, and now we have $29 trillion in bailouts. That's $50 trillion. Okay? So we're talking about putting the United States in a debt trap, and somebody walks off with $50 trillion... "[And] Jeffrey Epstein made his first visit to the Clinton White House arranged by Bob Rubin, who was the Secretary of Treasury when the money started to go missing. Okay? And at the time he was national economic adviser. [So] I believe Jeffrey Epstein ran the SWIFT system on the missing money, is my guess what he was up to. And... the sex was just part of creating related control files that they used." This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), and combat correspondent Michael Yon (Michael Yon: Callsign BIG HONEY), as well as journalist Masako Ganaha (我那覇真子 Masako Ganaha), is taken from a video posted to Yon's eponymous YouTube channel on February 16, 2026. ----------------Partial transcription of clip--------------- "And it's important to understand that we're not talking, I mean on one hand we're talking about a financial coup. So let me show you our. I just made a new chart on what I call the financial coup because I want to put a little history to this thing. "And we went through this the other night, you know, what happened in the mid-90s. We, had at the end of the, all the fraud during the '80s, we had a big reform effort and one of, part of the reform, and I know because I wrote it was, it was basically a series of reforms we instituted at HUD and then helped OMB take them government wide. "But it required the covered agencies, the top 24 agencies, to produce audited financial statements. So a process began where the government started to confess that they couldn't produce audited financial statements, but they would explain what their undocumentable adjustments were, which was transactions that weren't documented, that weren't, you know, that made it impossible for them to produce financial statements. "The people who ran the financial system tried to come up with a plan to balance the budget, including the retirement, you know, Social Security and retirement. And that led to a big bust up in 1995 when the budget deal cratered. And this event was, or this period was described to me by one of the largest pension fund guys in the country. He said, they've given up on the country. They're moving all the money out, starting this fall. "He told me that in April '96. And that's when enormous amounts of money started to disappear from the federal government. So you're increasing the debt and then money's disappearing out the back door. So think of the treasury as a laundry device that's sucking money. You know, the treasury gives bonds to the pension funds, gets money, the money disappears out the back door. "Now the taxpayers are liable to the pension funds. It's just a laundry device, okay? Anyway, so if you look at this chart, what you'll see is by 9/11 there was, you know, trillions of dollars missing from HUD and DOD. DOD is the big one. "And, in fact, Rumsfeld, the Secretary of Defense, stood up and said, you know, the DOD is missing $2.3 trillion. It's worse than terrorism. It's a greater national security threat than terrorism. Of course we know what happened with 9/11, the Patriot Act passes. But money keeps going missing until finally in 2015, $6.5 trillion was missing. "And Dr. Mark Skidmore, who's a budget expert professor at MSU heard me talking about it and said, 'Oh, she has to be wrong. That's impossible. The army can't be missing many multiples of its budget one year.' "Well, actually, if you look at how the federal credit is managed, can be. And and so he called me, he went to the financial statements and discovered I was right and he called me. And as a result he did a complete survey that was finished in 2017. And he and his students, I had the number up to $12 trillion missing. He found another $9 trillion "And so $21 trillion as of 2017, guess what the outstanding debt of the United States was when he published his report? $21 trillion. So imagine, you know, if you think it's a scam, we use debt to issue the currency, when we could just issue the currency without debt. It's really a scam when the money you raise with the debt disappears out the back door. "[And] it's a no-brainer. All you have to do is issue $21 trillion in treasuries and you finance it. And then you steal it. "So, if you go back to this chart, in 1993, Jeffrey Epstein made his first visit to the Clinton White House arranged by Bob Rubin, who was the Secretary of Treasury when the money started go missing. Okay? And at the time he was national economic adviser. I believe Jeffrey Epstein ran the SWIFT system on the missing money, is my guess what he was up to. And the, you know, the sex was just part of creating related control files that they used. "But in 1995, 1994, the New York Fed and the Fed, which had been members of the BIS from the beginning, had taken the position that being a shareholder was conflict of interest. And they reversed that position in 1994. They bought shares in the BIS. And, you know, my guess, this is a guess, I think, you know, the BIS has sovereign immunity and can move money and hold it on its balance sheet behind, in secrecy, behind sovereign immunity. "And I think the perfect way to launder this money would have been through Fed to the BIS is my guess. But there are thousands. If you look at the ways that they could have laundered this money out, it's like the joy of cooking. There are hundreds of recipes. "And with $21 trillion, you'd need many different ways. For example, my guess is Enron was one of the Laundromats. But I think also if you look at the, money disappearing, then suddenly you have all these sovereign nations around the world who are making huge donations to the Clinton Foundation. And my question is, did that money just get pulled out of HUD, moved through the BIS, over to Norway, and they just give it back? "Okay, so anyway, whatever. We hit the Great Financial Crisis, and then we have $29 trillion of bailouts. So we had $21 trillion of missing money from the US government, and now we have $29 trillion in bailouts. That's $50 trillion. Okay? So we're talking about putting the United States in a debt trap, and somebody walks off with $50 trillion. "Now there are many. You know, we could have a long conversation about where that money might have gone. But one of the things to understand is coming into 2019 in the pandemic because you have, instead of putting the retirement systems on a stable foot, you've decided instead you're going to give up on the country and you're going to take the money and run. It's like a bank robbery. "But now the retirement systems are coming due. What are you going to do? And it's pretty clear what happened next. The first thing they did was they got rid of Epstein. That's the second thing they did was they reviewed the Going Direct Reset, and they started into a reset, a central banking reset. And that reset dramatically lowered life expectancy, which had been dropping ever since 1997 when the financial coup started. "But this is all part of, you put the government in a debt trap. You've moved all the money out someplace else, and those assets and that money is someplace else. So now the government doesn't have the assets it's got, you know, but it owes the debt. You now have it in a debt trap. And now essentially what you do is you turn around to the population, say there's no money, but you weaken the population dramatically and you start depopulating, right?"

Sense Receptor

154,168 görüntüleme • 6 ay önce

The government just admitted it has been hemorrhaging money for decades. And nobody is talking about what's actually inside the fraud machine. 🚨 🚨 🚨 STEPHEN MILLER JUST SAID WELFARE FRAUD ALONE COULD BALANCE THE ENTIRE FEDERAL BUDGET — HERE'S WHAT THE NUMBERS ACTUALLY SHOW 🚨 🚨 🚨 The White House Task Force to Eliminate Fraud held a press event on May 26, 2026. Miller's exact words: "The amount that has been fleeced from us is in the HUNDREDS OF BILLIONS of dollars." And: "We could balance the federal budget if the only dollars that went out of the treasury went to individuals who were properly, lawfully, correctly eligible to receive them." That's not a talking point. That's a math claim. So let's run the math. THE WEAPON: → GAO FY2025 improper payments: $186 billion across 64 federal programs → That's a 15% increase from FY2024 — the problem is getting WORSE, not better → GAO historical annual range: $233 billion to $521 billion per year → Cumulative improper payments since FY2003: approximately $3 TRILLION → HHS alone — Medicare and Medicaid — estimated $90.6 billion in overpayments in 2025 → DOJ National Fraud Enforcement Division: $6.3 billion in suspected fraudulent contracts uncovered → SBA: 562,000 fraudulent loans totaling $22 billion identified → Over 10,000 suspected fraudulent immigration student work programs flagged THE TARGET: → CBO FY2026 federal deficit projection: $1.9 TRILLION → Miller's claim: proper eligibility enforcement alone could close that gap → GAO upper bound of $521 billion annually doesn't close the full $1.9T — but it eliminates more than a quarter of the deficit without cutting a single legitimate program THE MATH: → $3,000,000,000,000 lost since 2003 — that's $3 trillion while Congress debated spending cuts → $186,000,000,000 in improper payments in FY2025 alone — in one year → $90,600,000,000 from Medicare and Medicaid overpayments — one department → Minnesota: Center for Immigration Studies data shows ~80% of Somali refugee-headed households on at least one welfare program — Miller called it "the largest fraud scheme in U.S. history" Read that again. 💀 The government has been tracking this since 2003 and the number has only grown 💀 $521 billion in a single year — the GAO's own upper estimate — and the "honor system" kept running 💀 Every agency audit is finding the same thing: billions gone, no eligibility verification, no clawback mechanism ⚠️ The task force was created by a March 2026 executive order — meaning this has been known and unaddressed for years ⚠️ The $186 billion FY2025 figure is what was officially reported — the actual number is likely higher ⚠️ This isn't a rounding error. This is a structural failure baked into how the programs were designed. They're showing you the press conference. They're NOT showing you that the GAO has been publishing these numbers every single year since 2003 — $3 trillion in cumulative improper payments — and the "honor system" Miller referenced was never an accident. It was the design. You don't lose $186 billion in a single year across 64 programs because of clerical errors. You lose it when eligibility verification was deliberately never built into the system. Process that. Most people won't see this. RT to change that. 🔥 I'll keep you updated. Turn on notifications. 🚨

🇺🇸 Edward T. Winslow

14,857 görüntüleme • 3 ay önce

Trudeau’s government is wasting $10.7 billion—here’s exactly where your money is going You ever notice how Justin Trudeau’s Liberals can never seem to find the money to give hardworking Canadians a break? They say there’s no cash to cut taxes, no relief for skyrocketing grocery bills, and no way to ease the burden of carbon taxes. But somehow, when it comes to throwing billions at pet projects, shady corporate handouts, and failed socialist experiments, the money never runs dry. A new report from the Fraser Institute exposes just how badly the Trudeau Liberals are wasting $10.7 billion this year alone on programs that don’t work and never will. That’s $10.7 billion in taxpayer money flushed down the drain while regular Canadians struggle to pay rent. So, where’s all this money going? Let’s take a look at the worst of it: $1.5 billion – The Regional Development Agencies Slush Fund These agencies are supposed to stimulate local economies, but in reality, they’re just government bureaucrats handing out taxpayer dollars to businesses they think deserve it. There are seven of these agencies spread across the country, employing 1,977 bureaucrats whose job is to "support" the economy by deciding who gets free money. In 2024-25 alone, they will burn through $1.5 billion. There’s zero proof that any of this actually helps businesses grow, but it sure does keep Liberal-aligned companies well-fed! $1.7 billion – Liberal Media Bailouts The federal government has been pouring $1.7 billion into propping up legacy media that nobody watches or reads anymore. That includes: • $1.4 billion straight into the CBC—which, let’s be honest, has become little more than Trudeau’s personal propaganda arm. • $86.5 million for the Canada Periodical Fund, which props up dying newspapers. • $154.1 million for the Canada Media Fund, which funds “diverse voices” that all just happen to parrot Liberal talking points. • $65 million for the Journalism Labour Tax Credit, basically paying journalists' salaries so they can continue pushing Trudeau’s agenda. And yet, despite these bailouts, newsrooms are still closing and journalists are still losing their jobs. Maybe because nobody wants to watch state-funded propaganda? $600 million – EV Rebates for the Rich Trudeau is using $600 million of your tax dollars to subsidize electric vehicle purchases for people who can already afford them. The reality? Most of these subsidies go to the wealthiest 20% of households. Meanwhile, everyday Canadians struggling to put gas in their vehicles get hit with a carbon tax instead. $340 million – The “2 Billion Trees” Scam Trudeau promised two billion trees to fight climate change. Sounds nice, right? Well, surprise surprise—his government is nowhere near hitting the target. An audit found they had only planted 2.3% of the trees promised—despite already blowing $480.5 million on the program. Where did that money go? Bureaucrats, consultants, and failed contracts, of course. $3.5 billion – The Canada Infrastructure Bank Disaster Trudeau created the Canada Infrastructure Bank (CIB) in 2017, promising to "build" the country’s economy. Seven years later, they’ve only completed TWO projects worth a grand total of $93.2 million—out of $13.2 billion in approved investments. That means less than 1% of the money has actually gone to infrastructure, while CIB executives and bureaucrats pocket six-figure salaries. What a joke! $2.4 billion – The “Strategic Innovation Fund” Corporate Giveaway This fund is supposed to drive “innovation,” but what it really does is pick winners and losers in the economy based on political connections. Since 2017, it has handed out $9.5 billion to 129 projects—most of which are non-repayable. Meaning: corporations get free money, while regular Canadians get stuck with the bill. $202 million – The “Global Innovation Clusters” Boondoggle Trudeau’s government set up five “innovation clusters” that were supposed to add $50 billion to Canada’s GDP. But even the Parliamentary Budget Officer admitted the real number is closer to $18 billion—and that’s optimistic. Meanwhile, nearly $2 billion has been poured into these clusters since 2018, and there’s zero proof they’ve accomplished anything. $530 million – The Green Municipal Fund (GMF) “Climate Grift” This fund hands out money to municipalities to supposedly support “green projects,” but half of the money doesn’t even go to projects that reduce emissions. The government has funded climate activism, diversity mentorships, and home tours of “climate-friendly” houses. This isn’t about reducing carbon—it’s about funneling money to Liberal-friendly activist groups. The Bottom Line? Trudeau’s Government is Burning Your Money. These eight programs alone waste $10.7 billion this year. And that’s just the tip of the iceberg. Meanwhile, the Liberals tell us there’s “no money” to lower taxes. “No money” to scrap the carbon tax. “No money” to stop inflation from driving families into food banks. REPORT by Sheila Gunn Reid:

Rebel News

35,452 görüntüleme • 1 yıl önce

$315 BILLION in stablecoins are now backed by US Treasuries. And I don't understand why no one's questioning this. Goldman's David Solomon and former Treasury Secretary Steve Mnuchin just did a victory lap on stablecoins. Their pitch: Stablecoins strengthen the dollar, create demand for Treasuries, make it easier for people outside the United States to hold dollars. Sounds great. Until you look at what's actually happening underneath... The GENIUS Act passed in July 2025. First federal stablecoin framework in US history. Stablecoin market cap has grown 50% year over year. Tether alone holds $141 billion in US Treasuries, making it one of the largest holders of American government debt on the planet. Washington's pitch is simple: every time someone in Argentina, Turkey, or Nigeria buys USDT, they're buying Treasuries by proxy. Dollar dominance strengthened. Problem solved. And here's the part they REALLY love... The US ran an $1.8 trillion deficit in fiscal 2025. CBO projects $1.9 trillion this year. National debt just crossed $39 trillion. Interest payments alone now exceed $1 trillion annually. Meanwhile, the biggest foreign buyers of Treasuries (China, Japan, Canada) have been pulling back for years. ARK Invest found that the share of Treasuries held by the largest foreign creditors dropped from 23% to just over 6% in the past 13 years. The Fed is STILL running down its balance sheet. So who's going to buy all this debt? Washington's answer: stablecoin issuers. Treasury Secretary Bessent said it himself: "A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries and help rein in the national debt." Think about what that actually means. The government is counting on a $315 billion crypto product (run largely by a company in El Salvador that just got its first real audit last week) to help finance a $1.9 TRILLION annual deficit. Stablecoin issuers currently hold less than 2% of outstanding Treasury bills. Even if the market hits $2 trillion by 2028 like Standard Chartered projects, that's still just a rounding error against $39 trillion in total debt. This is literally a NARRATIVE designed to make the debt problem sound manageable. But the Federal Reserve published a study showing that for every $1 that moves from bank deposits into stablecoins, bank lending contracts by roughly 50 cents. Stablecoin issuers can't make loans. The GENIUS Act prohibits it. They can ONLY hold Treasuries, reverse repos, and cash equivalents. So when deposits leave banks and flow into stablecoins, that money stops funding mortgages, small business loans, and commercial credit. It starts funding government debt instead. The US Treasury itself estimated stablecoins could drain up to $6.6 TRILLION from the banking system. That's not "strengthening the dollar." That's redirecting the lifeblood of the real economy into government IOUs while starving Main Street of credit. And then there's the run risk nobody wants to discuss. Fed Governor Michael Barr said it yesterday: Stablecoin issuers have every incentive to chase higher returns on their reserves. But unlike banks, they CANNOT access the Fed's discount window. If a stablecoin run happens, issuers dump Treasuries into the market all at once. Stablecoin inflows push Treasury yields down 2-2.5 basis points. Outflows spike yields UP 6-8 basis points. Easy in. Ugly out. Meanwhile, Tether is the 800-pound gorilla. $185 billion in circulation. 550 million users. And until last week, it had never had a Big Four audit. It just hired KPMG after 12 years of operating with nothing but quarterly attestations. This is the entity Wall Street is celebrating as the future of dollar dominance. A company headquartered in El Salvador that fought transparency in court twice and LOST both times. Here's what Solomon and Mnuchin are actually telling you if you listen carefully: Stablecoins create captive demand for short-term US government debt. Foreign governments don't want to hold Treasuries anymore. So Washington's solution is to get 550 million retail users in emerging markets to hold them instead through a digital wrapper called a "stablecoin." The holders get zero interest. The GENIUS Act explicitly prohibits it. The issuers pocket the Treasury returns. Tether made $10 billion in profit last year. And the real economy loses credit while the government gets cheaper funding. This is a classic Wall Street pitch to sell financial innovation as progress: "This strengthens the system. This is good for everyone." Then the leverage builds, the risks concentrate, and the people who sold you on it are nowhere to be found when it unwinds. Stablecoins are NOT saving the dollar. They're a $315 billion shadow money market fund with no Fed backstop, no deposit insurance, and run dynamics that could destabilize the very Treasury market they're supposed to support. If you want to hold dollars, hold dollars. If you want to own the asset that central banks are actually buying instead of Treasuries, you already know what that is... 🥇

George Noble

90,823 görüntüleme • 5 ay önce