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Tom Bilyeu's Impact Theory

Elon Musk EXPOSED The Biggest Scam In History (Joe Rogan Couldn’t Believe It)

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.75.1K Ratings

🗓️ 17 November 2025

⏱️ 40 minutes

🧾️ Download transcript

Summary

What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Linkedin: Post your job free at https://linkedin.com/impacttheory HomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.com Bevel Health: 1st month FREE at https://bevel.health/impact with code IMPACT Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact BlandAI: Call it for free today: https://bland.ai Or for enterprises, you can book a demo directly:  https://bland.ai/enterprise Business Wars:  Connectteam: 14 day free trial at https://connecteam.cc/46GxoTFd Raycon: Go to https://buyraycon.com/impact to get up to 30% off sitewide. Cape: 33% off with code IMPACT33 at https://cape.co/impact Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact AirDoctor: Up to $300 off with code IMPACT at https://airdoctorpro.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In fiscal year 2023, federal agencies reported $236 billion in improper payments.

0:09.0

And that's not a one-off. In fiscal year 2024, after massive post-COVID reductions,

0:16.0

16 federal agencies alone still reported an estimated $162 billion in improper payments.

0:25.6

Since fiscal year 2003, cumulative improper payment estimates across the federal government

0:31.6

are nearly $3 trillion. That's 8% of the entire federal deficit. Pretty soon it's going to start

0:39.8

being real money. In fact, according to the Government Accountability Office, the $3 trillion

0:45.6

in improper payments we can account for are just a subset of the total problem. The real

0:52.4

number is almost certainly much higher. But even if it's not

0:57.1

much more, that still accounts for roughly 10% of the entire national deficit. That is the definition

1:04.7

of gross incompetence. But here we are. And the madness does not stop there. The Social Security Administration's Office of Inspector General found approximately 6.5 million

1:18.2

Social Security numbers belong to people, get ready, 112 years or older.

1:24.6

You want to know the real number?

1:26.2

It's 80.

1:27.2

Not 80 million or 80,000. It's just

1:30.3

80. That's 81,000 times more than the reality. It's actually more. I'm rounding down. That's

1:38.0

five orders of magnitude of discrepancy. That's so far off it's a comedy routine. It is as

1:43.7

if the government is designed to make

1:46.3

fraud easy and racist towards bankruptcy. To put it plainly, we are getting robbed and not by scammers

1:52.8

overseas, by our own government. Elon and Doge tried to warn us, but what they got in return

1:59.9

was firebombed Tesla dealerships and Uniparty

2:04.0

bipartisan support for continued spending no matter how much waste or fraud there is inherent

2:11.2

in the system. Now I want to stare directly at that because it's never hopeless. All of this is fixable if we can understand what's

...

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