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Elon Musk suffered a total collapse on the Joe
Rogan podcast. The topic of the Nazi salute
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came up. The topic of Social Security came up.
The topic of Elon being assassinated came up.
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And this is about as bad as you could imagine
it being. Let's start with Joe Rogan saying,
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how could it be that you buy Twitter for
billions. And then people call you a Nazi
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and Elon explains he is definitely not a Nazi.
When you're going through all this USAID stuff,
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here's what's weird. First of all, what is it
like to buy a company for $44 billion and then
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people call you a Nazi on that same thing
that you bought? I did not see it coming.
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Isn't that funny?
This is classic.
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So funny. Rogan's just in stitches.
People will gobble anything down. Yeah
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he's never going to stop. What is it
like, like all this? People used to,
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the left was in love with you, and now the
same idiots are calling you a Nazi. It's
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the most bizarre thing I've ever seen in my life.
You know, one of the things they they love talking
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about is people used to think one thing about
you and now they've changed what they think.
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And that's crazy. But sometimes the opinions
of people change based on what the person
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does. Elon used to be this sort of doofusy,
awkward kind of antisocial tech guy. who
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dramatically accelerated electric vehicles by
his actions at Tesla and so on and so forth.
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And so we saw him as a kind of benign guy who
was doing some good things. Now all of a sudden
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he's wrapped up in political extremism. He's
getting involved in all sorts of. You know,
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he said something about how his son died
because of the woke mind virus. All this
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crazy stuff. And so, yes, it is a different Elon
Musk. So people's opinion of him have changed.
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That's not crazy. I mean, there's so many.
Yeah, people saying my heart goes out to you
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a little doozy as I'm Yeah. Sure
sure. That probably wouldn't be
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recommended with hindsight. with hindsight.
Yes, but it was obviously meant in the most
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positive spirit possible. Yes.
Yes.
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Yeah, obviously obviously
But it's so strange where people
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want to think that you are openly, publicly
doing secret Nazi, seetheil hand motions.
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It's it's openly, publicly,
secretly, openly, publicly, secretly.
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And now I can never point at things diagonally.
I can only point at things there and there. And
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then I see you have to divide that because
that's where the spaceship is over there.
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That's ridiculous. It's ridiculous.
When, um, CNN, when I was in all my
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trouble. Absurd. CNN when I was in all my
trouble Every time CNN used a photo of me,
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it was one of the photos from the UFC weigh -ins,
where I go like this, welcome to the weigh -ins,
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so every photo is me. Welcome to the
lay -ins, so every photo is me. Every
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photo is me with it. It's absurd. It's absurd.
It's so crazy. It's deliberate propaganda. So
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they... It's so crazy. They know it was
obviously not meant in a negative way,
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that I'd literally said my heart goes out to you
and it was very positive, the entire speech was
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All right. So it's all cool.
But then more substantively,
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Elon drops this bomb about how Social Security
is a Ponzi scheme. Listen to what he had to say.
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I mean, the government's one big
permit scheme, if you ask me.
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Yeah, well, you can tell me better than
anybody. You can tell me better than anybody.
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Social Security is the biggest Ponzi scheme
of all time. Well, explain that. So people
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pay into Social Security and the money goes
out of Social Security immediately, but the
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obligation for Social Security is your entire
retirement career. So you're you're paying the
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kind of people you're paying, like, like, if you
look at the future obligations of Social Security,
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it far exceeds the tax revenue. Far. If
you ever looked at the debt, the debt
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Elon is so incoherently explaining this that
I'm just going to take over. So so he says
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social security is a Ponzi scheme because the
money that's paid in by the people still working
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immediately comes out. Now a Ponzi scheme would be
there's really no money invested. OK, so the way
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a Ponzi scheme works would be investor number one
invests a million dollars and you think that it's
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invested in a mutual fund, for example, and it's
not right. Just like the people running this fund
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are just taking the money. The next person comes
in and invests $2 million. And then when the first
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investor wants to pull their money out, their
supposed earnings come out of that $2 million
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that the second investor put in. But there's
never really any underlying investments like
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it eventually collapses when there aren't enough
new investors to pay the returns. That's a Ponzi
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scheme. It's a very defined type of scam. Social
security is a pay as you go system. So that's what
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Elon is kind of getting at here. Current workers
pay into it and that funds benefits for current
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retirees. It's not, it's not a Ponzi scheme.
It's not designed to generate profits. It's
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just a system based on the full faith and credit
of the U S government. The U S government has the
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authority to tax it as the authority to borrow.
It's not a secret that it's pay as you go. Social
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security is designed to be self -sustaining
over time. Now, the issue we are coming up
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against. is that as more people retire, if
you have more retirees relative to workers,
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you can have an insolvent or partially insolvent
Social Security Trust Fund right now if nothing
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is done right. This is this is if you do nothing,
the trust fund would be depleted in the mid 2030s.
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That's if you make no changes, but it would still
be able to meet. 75 to 80 percent of scheduled
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benefits. So it would be depleted in terms of
accumulated money, but everybody would still be
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able to get 80 percent of their promised benefits.
It's not a collapse. It's just a shortfall. Now,
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with some small adjustments, we've talked about
a slight raise to the cap. There's a bunch of
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different ways to do it. You solve the problem.
That's not a Ponzi scheme. It's the system as
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designed with a growing imbalance of workers to
retirees, which needs to be addressed. not the
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Ponzi scheme that Elon makes it out to be. Now,
another at another moment during this interview,
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they spoke to Grok. Grok is the Twitter AI chat
bot sort of version of chat GPT. Very funny stuff.
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No, she's just a pain in my a
Yes! What are you doing?
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Isn't that funny? It's just, it's a
really, really funny stuff. And finally,
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Elon Musk says some of the stuff he's up to, some
of the stuff he's talking about, it could get him
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assassinated. And what other methods
I mean, this is really going to get me
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assassinated. It's like, I'm not lengthening
my lifespan by explaining this stuff,
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to say the least. I mean, I'm supposed to go back
to D .C. How am I going to survive? This book is
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going to kill me for sure. So, in fact, I do
think like there's, it's like I actually have
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to be careful that I don't push too hard on the
corruption stuff because it's gonna get me killed.
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If he really, this is why he won't be able to root
out corruption because he's ready to do it. He's
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ready to do it, but they'll kill him.
Um... uh... You know, it's a study.
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Uh, that the fact that this guy is
arguably the most powerful person in
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American government right now, if it doesn't
terrify you, you must not be paying attention.