More lies from Musk, DOGE and the media.

The following article ran in the Epoch Times. It expresses frequently promulgated, but entirely wrong, beliefs about federal financing.

US Agencies Terminate 103 Wasteful Contracts With $4.4 Billion Ceiling Value: DOGE In total, more than $200 billion in taxpayer funds have been saved by the DOGE initiative. Reporter Naveen Athrappully, 11/3/2025

Government agencies terminated and descoped 103 wasteful contracts over the past five days, with a ceiling value of $4.4 billion and savings of $103 million, the Department of Government Efficiency (DOGE) stated in an X post on Nov. 1.

Exactly ZERO taxpayer funds were saved for one simple reason: The federal government does not spend “taxpayer funds.”

The federal government is Monetarily Sovereign. It creates all its spending funds simply by pressing computer keys. Even if total federal tax receipts were $0, the federal government still could continue spending forever and paying all its bills on time.

Rather than paying for federal spending, federal taxes have just two purposes:

1. Assure demand for the U.S. dollar by requiring all taxes to be paid in dollars and
2. Help the government control the economy by taxing what it wishes to discourage and giving tax breaks to what it wishes to encourage.

All federal tax dollars collected are destroyed upon receipt at the U.S. Treasury, and new dollars are created to pay bills.

I should mention that, unlike federal taxes, state and local taxes (i.e., taxpayers) do pay for state and local spending. These governments are monetarily non-sovereign and do not have the unlimited ability to create dollars.

Understanding the difference between federal financing vs. state/local financing is fundamental to understanding economics. Most media writers don’t, so what they wrong is far too often wrong.

In short, when Musk claims to have saved taxpayers money, he is wrong with regard to federal taxpayers. I am sure that Musk, the world’s richest man, understands Monetary Sovereignty. If he does, then why does he lie about it?

I suspect the reason is the same as why the politicians, the media, and even some economists lie about it. They do not want the public to understand that the federal government has the unlimited ability to provide benefits.

That is: The federal government easily could fund free, comprehensive, no-deductible Medicare for every man, woman and child in America, without collecting FICA from paychecks.

Additionally, the government could fund a generous Social Security benefit for every American of all ages. Why don’t the elite want you to know? Because providing these benefits would narrow the Gap between the rich and the rest, and it is the Gap that makes them rich.

If there were no Gap, no one would be rich; we all would be the same, and the wider the Gap, the richer they are.

So they lie to keep you uninformed, relatively poorer, and themselves richer.

The canceled contracts included “a $13.4M VA consulting contract for ‘coaching support and dashboard services’, a $43k State Dept. educational training contract for ‘crucial influence and getting things done courses’, and a $44k State Dept. educational training contract for ‘crucial conversations and power of habit courses,’” the department said.

According to the official DOGE website, the initiative has saved an estimated $214 billion for taxpayers as of Oct. 4, through actions such as asset sales, deletion of improper and fraudulent payments, and contract/lease calculations and renegotiations.

Typically, when you save money, you should have more money. So, have you seen any of that mythical $214 billion? No? Well, don’t hold your breath. You won’t see it because it doesn’t exist. It’s all a gigantic lie.

The agencies that have registered the most savings include the Department of Health and Human Services, the General Services Administration, the Social Security Administration, the Office of Personnel Management, and the Small Business Administration.

And none of these so-called “savings” has gone to you, or will they, ever. But it gets even worse.

Gross Domestic Product (GDP), the most common measure of the economy, includes Federal Spending + Non-Federal Spending + Net Exports. Those so-called federal “savings” reduce Federal Spending with reduces GDP, thus weaking economic growth.

The federal government, which has infinite money, needs to pump dollars into the economy for the economy to grow.

Imagine you have a giant warehouse filled with infinite amounts of food — food the people depend on to prevent starvation. Imagine further, that you decide that giving some people food is “wasteful,” so you cut your food shipments, and boast about the “savings.”

The result: You save food that you don’t need to save, while people starve.

During an Oct. 31 interview with Joe Rogan on his podcast “The Joe Rogan Experience,” former DOGE head Elon Musk discussed the challenges faced in running the initiative.

DOGE continues to reduce waste and fraud, Musk said, adding that the initiative has become less publicized because people who oppose it no longer have a singular individual to target following his exit.

No, it is less publicized because there is no benefit. It has only negative repercussions on the economy, without any positives.

Musk exited DOGE in May after his 130-day mandate as a special government employee ended.

“You turn off the money spigot to fraudsters, they get very upset, to say the least.

“My death threat level went ballistic, you know, was like a rocket going to orbit. But now that I’m not in D.C.,

“I guess they don’t really have a person to attack anymore,” Musk said.

Like all egomanics, Musk thinks everything is about him. No, Elon, it’s not about you. It’s about the ham-handed way your DOGE idiots fired good people, hurt families, children, parents who need steady jobs just to scrape by. To the world’s richest man, none of that registers.

All you care about is you.

DOGE is facing considerable criticism from Democrats. In September, Sen. Gary Peters (D-Mich.) released a report accusing DOGE of operating outside of federal law and having “unchecked access” to the personal data of Americans, the lawmaker’s office said in a statement released on Sept. 25.

There are several whistleblower disclosures regarding DOGE staff allegedly copying sensitive Social Security and employment data of Americans into a cloud database without any verified security controls, the statement said.

DOGE operatives work across various agencies simultaneously without having the required training or adhering to privacy protections and cybersecurity protocols, the statement added.

“DOGE isn’t making government more efficient—it’s putting Americans’ sensitive information in the hands of completely unqualified and untrustworthy individuals,” Peters said.

“They are bypassing cybersecurity protections, evading oversight, and putting Americans’ personal data at risk. “We cannot allow this shadow operation to continue operating unchecked while millions of people face the threat of identity theft, economic disruption, and permanent harm. The Trump Administration and agency leadership must immediately put a stop to these reckless actions that risk causing unprecedented chaos in Americans’ daily lives.”

Trump and his political team will have good (bad) use for your personal data handed to them by DOGE.

In a recent interview with Fox News, Secretary of Agriculture Brooke Rollins said 21 states have refused to hand over data regarding the Supplemental Nutrition Assistance Program (SNAP) to authorities, including DOGE, to verify whether illegal immigrants were receiving benefits.

“Twenty-nine states stepped up. Twenty-one blue states refused—and two SUED US FOR ASKING! And guess what? In just the states that cooperated, we’ve already uncovered massive fraud,” she said in an X post on Nov. 2.

The phony “massive fraud discovered” is a perfect reason why such data should not be turned over to Trump’s idiot. Those states and their citizens are being punished for cooperating with Musk’s bunglers.

“There’s a new sheriff in town. @POTUS will not tolerate waste, fraud, or abuse while hardworking Americans go hungry.” 

And therein lies the hypocrisy. By firing thousands of good people, POTUS has ensured that “hardworking Americans” go hungry.

DOGE has accomplished nothing good, everything harmful, and is typical of this administration.

Rodger Malcolm Mitchell

Monetary Sovereignty

Twitter: @rodgermitchell

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A Government’s Sole Purpose is to Improve and Protect The People’s Lives.

MONETARY SOVEREIGNTY