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The Ben Ferguson Podcast

47 Morning Update Exclusive: 1-on-1 w Elon from the White House

The Ben Ferguson Podcast

iHeartPodcasts

Politics, News, News Commentary

4.9 • 4.7K Ratings

🗓️ 17 March 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

  1. Introduction and Setting:

    • The podcast is recorded at the White House with Elon Musk as a special guest.
    • Ted Cruz and Ben Ferguson introduce the episode and highlight Musk's significant impact in the first fifty days of the new administration.

  2. Federal Government and Waste:

    • Musk discusses the inefficiencies and waste he found in the federal government compared to Twitter.
    • Examples include excessive software licenses, unused media subscriptions, and an overabundance of government credit cards.
    • Musk estimates an 80% waste to 20% fraud ratio in government expenditures.

  3. Specific Examples of Waste:

    • Instances of payments without proper coding or explanation.
    • Contracts that were supposed to be terminated but continued to receive payments.
    • The case of $1.9 billion given to Stacey Abrams' nonprofit for environmentally friendly appliances, which Musk criticizes as corrupt.

  4. Government Computers and Payments:

    • Musk emphasizes the importance of understanding government computer systems to identify waste and fraud.
    • He mentions "magic money computers" that issue payments without proper oversight.
    • Musk's goal is to save a trillion dollars in waste and fraud by FY26.

  5. Public Perception and Political Impact:

    • Discussion on Musk's shift from being a hero to the left to being heavily criticized.
    • The impact of Musk's actions on entitlements fraud and the political landscape.
    • Musk's belief that fraudulent payments of entitlements are a significant issue.

  6. AI and Future Technology:

    • Musk predicts that AI will surpass human intelligence within ten years.
    • The potential for humanoid robots and autonomous vehicles to become commonplace.
    • Concerns about the apocalyptic potential of AI and the importance of the U.S. winning the AI race against China.

  7. Personal Reflections and Legacy:

    • Musk's thoughts on his legacy, particularly his contributions to space exploration.
    • Reflections on his interactions with other CEOs and influential figures.
    • Musk's views on popular culture, including Star Wars and Star Trek

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Transcript

Click on a timestamp to play from that location

0:00.0

We saw a lot of payments going out of treasury that had no payment code and no explanation for the payment.

0:07.0

That contract was supposed to be shut off, but someone forgot to shut off that contract, and so the company kept getting money.

0:13.0

Now, is that waste or fraud?

0:15.0

You are listening to a 47 morning update exclusive with Ben Ferguson.

0:21.8

Good Monday morning.

0:22.8

It is the 47 morning update, Ben Ferguson with you.

0:26.0

And this is going to be a special episode of the 47 morning update.

0:30.6

As on Friday, Senator Cruz and I were invited to come to the White House to sit down in a lengthy conversation with Elon Musk.

0:40.1

Now, Elon Musk wanted to expose government fraud, waste, and abuse, and that's exactly what he's been doing.

0:46.2

But he shared some new information with us that is truly incredible about what he has found recently within Doge.

0:54.0

And government departments that are abusing your

0:58.0

tax dollars. Now, I am going to play for you a part of that interview right now on the 47 morning

1:04.7

update. If you want to hear the entire interview, you need to go and subscribe for free, obviously,

1:10.8

and download Verdict with Ted

1:13.0

Cruz. I co-host that podcast, Senator Cruz, and you can hear part one in its entirety. But here

1:19.3

is the beginning of that conversation for you right here. And again, do not forget, if you want to

1:26.2

hear the entire two-part series, it is with

1:29.4

verdict with Ted Cruz wherever you get your podcasts.

1:33.0

So here is our conversation with Elon Musk.

1:36.6

What surprised you about the federal government?

1:38.5

I assume you came in and assumed it was bad.

1:40.9

Is it worse than you expected?

...

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