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July 1, 2025 - The Truth Central - Dr. Jerome Corsi
44:58
The Big, Beautiful Bill Battle

Six Senators say they may not support the Big Beautiful Bill, which has met opposition by some of President Trump's longtime supporters over the addition of $5 trillion or possibly more  to the national debt celling and the increases in spending. Corsi Nation looks at both sides of the argument and whether this year's spending is necessary to improve the nation's financial situation in the coming years, it the spending should be slashed or if there could be a reasonable compromise. .Visit The Corsi Nation website: https://www.corsination.comIf you like what we are doing, please support our Sponsors:Get RX Meds Now: https://www.getrxmedsnow.comMyVitalC https://www.thetruthcentral.com/myvitalc-ess60-in-organic-olive-oil/Swiss America: https://www.swissamerica.com/offer/CorsiRMP.phpGet Dr. Corsi's new book, The Assassination of President John F. Kennedy: The Final Analysis: Forensic Analysis of the JFK Autopsy X-Rays Proves Two Headshots from the Right Front and One from the Rear, here: https://www.amazon.com/Assassination-President-John-Kennedy-Headshots/dp/B0CXLN1PX1/ref=sr_1_1?crid=20W8UDU55IGJJ&dib=eyJ2IjoiMSJ9.ymVX8y9V--_ztRoswluApKEN-WlqxoqrowcQP34CE3HdXRudvQJnTLmYKMMfv0gMYwaTTk_Ne3ssid8YroEAFg.e8i1TLonh9QRzDTIJSmDqJHrmMTVKBhCL7iTARroSzQ&dib_tag=se&keywords=jerome+r.+corsi+%2B+jfk&qid=1710126183&sprefix=%2Caps%2C275&sr=8-1Join Dr. Jerome Corsi on Substack: https://jeromecorsiphd.substack.com/Visit The Truth Central website: https://www.thetruthcentral.comGet your FREE copy of Dr. Corsi's new book with Swiss America CEO Dean Heskin, How the Coming Global Crash Will Create a Historic Gold Rush by calling: 800-519-6268Follow Dr. Jerome Corsi on X: @corsijerome1Become a supporter of this podcast: https://www.spreaker.com/podcast/corsi-nation--5810661/support.

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It's Drone Coursey, and today it is Tuesday, it's July 1st, 2025.
Thanks for joining us on CourseyNation.com.
You can find us also on X at Coursey Jerome1.
And on Substack, it's dromecourseyphd.substack.com.
Our website is CourseyNation.com.
A couple of stories I want to cover today in some detail.
Number one is the budget bill, which is going, the big, beautiful bill going through the Senate right now.
And of course, there's a lot of debate over this because it's a spending bill.
And when Congress gets an opportunity to spend, Congress spends.
Now, Trump's argument is that we are in a situation where with all the spending that's been done by the Democrats, with all the deficits, which are now up to, our national debt is up to $37 trillion, rapidly going to hit $50 trillion.
I mean, now we're on an exponential slope where the deficit just keeps compounding.
And the reason for that is largely the non-discretionary spending.
In other words, we have so much money in Medicare, Medicaid, Social Security, all these other programs that have to be spent because there's commitments out there.
And I've been warning about this for 20 years, 25 years, saying that the contingent liabilities on the federal budget made us really technically bankrupt years ago, maybe close to almost 50 years ago.
In other words, we funded programs like Social Security with a Social Security Trust Reserve.
And then Congress raids the Social Security Reserve in order to meet budgetary needs and puts in Treasury bills, which are just more ILUs.
When the Treasury bills come due, we have to issue new Treasury bills to cover their retirement.
And also the interest has to be paid.
So we're issuing new Treasury bills to pay the interest.
Now, why we're ever paying interest on the money we're printing has to do with central banks.
And central banks control this cartel of really artificial money today because none of it is backed by gold virtually around the world.
And so therefore, it's all fiat.
It's all just made up.
It's like cryptocurrency, especially when the governments have a downgrade by Moody's.
We've had two downgrades.
Moody's just recently downgraded the United States.
In other words, saying we're not as reliable to pay our national debt.
Now, it doesn't mean we can't pay our national debt.
We can always print more treasury bonds and try to sell them.
But the problem is, as our dollar depreciates, as our economic situation becomes more precarious because of this debt, we are printing Treasury bonds that are harder to sell.
So they take up to 5% interest to sell, which means, again, we're getting a large interest payment.
And when the Federal Reserve will not lower interest rates, because Powell wants to restrain inflation now, he says, of course, Powell was happy to induce inflation under Biden.
And Trump has a hard time firing Powell because of the nature of the Federal Reserve appointment.
Federal Reserve has created itself since Woodrow Wilson is this autonomous control over a money, and it was never in the Constitution.
It should never have been done.
If we're going to just have fiat money, John Kennedy was right.
We should just print it as treasury notes and not pay anybody interest for it.
So at any rate, we've got this big debate going on in Congress, and Donald Trump is saying the only way right now that we can solve this problem is to induce growth.
And if we don't continue spending, we're going to have a massive financial collapse.
Now, I'm going to play some things from Elon Musk and discuss the fight between Trump and Musk that continues to develop.
First, I want to prelude this whole discussion by saying, please get my book, The Coming Global Crash Will Cause an Historic Gold Rush.
And Chris will put that up.
You can get it from Swiss America.
And the number for that is 1-800-519-6268.
1-800-519-6268.
And call Swiss America because you've got a major opportunity here to talk about getting a self-directed IRA or self-directed 401k, any type of your retirement accounts in which you can buy gold and silver as an asset.
And with gold and silver continuing to trade, today gold is at $3,351 and silver is at $36.41.
So the financial markets are aware of the precarious condition of fiat currency.
And gold and silver, I'm saying to you today that you're going to see gold at $4,000 an ounce.
You're going to see silver at $40 an ounce.
If you buy it now and hold it, you'll have a gain in otherwise deteriorating dollar situations.
And don't count on the stock market because the stock market is going to get very rocky as we get into the fall with higher oil prices.
Right now, gasoline is at its lowest in four years, thanks to Donald Trump.
The Biden administration, going back to Clinton, the damage done to our economy, the damage done to our country from the open borders, the toleration of illegal activity, the pedophilia among the elites,
which is massive, the child sex trades, the corruption of the CIA in lying to the American people about almost everything, and then running our drug trade and running our child pedophilia trade, where the government is the biggest drug dealer in the world, and the U.S. government is the biggest child sex trade dealer in the world.
And, you know, we demonstrate that.
We're going to do more on that in act blue that's coming.
That's going to be a major, major topic over the next few months.
But what I want to do is focus right now on this feud between Trump and Musk because it's of historic importance.
In a sense, Trump benefited by bringing Musk in because Musk was able to demonstrate the massive fraud and waste in the federal government.
And we're getting rid of agencies like USAID.
We're getting ready to get rid of the Education Department.
We're getting ready to have Trump having massive layoffs and massive closing of departments.
This all happened in the next part of this year.
But first, we've got to get past this budget deal.
And Trump trusted Musk.
Musk has never been reliably MAGA.
Musk is very, very Silicon Valley.
And I've never trusted Musk fully because, again, this whole satanic nature of Silicon Valley is such that anybody out there who succeeds massively, that's what Craig Lund is telling us in his book on Silicon Satan, which we're featuring on our homepage.
And this is a situation where right now Musk and Trump are fighting.
So we have a clip from 2024, last year, of Musk talking about the deficit and our difficulty financially.
And Chris, let's play that.
That'll be a good way to start the discussion.
America is also going bankrupt extremely quickly.
And nobody seems, everyone seems to be sort of whistling past the graveyard on this one.
You know, the Defense Department budget is a very big budget.
It's a trillion dollars a year, DOD, Intel.
It's a trillion dollars.
And interest payments on the national debt just exceeded the Defense Department budget.
They're over a trillion dollars a year just in interest and rising.
We're adding a trillion dollars to our debt, which our kids and grandkids are going to have to pay somehow every three months.
And then students can be every two months and then every month.
And then the only thing we'll be able to pay is interest.
And it's just like a person at scale that has racked up too much credit card debt.
This does not have a good ending.
Okay, now Musk is right on this.
And it's obvious to anybody who takes a look at finance or understands economics is that you cannot pile up this much debt and sustain in any way fiscally sound.
Okay, now there are solutions to this, but they're not going to be terribly comfortable, and they're going to be difficult for most people to accept.
It's going to be a big political battle.
Now, right now, what's going on in Congress is that this big, beautiful bill has too much spending in it for fiscal conservatives.
And fiscal conservatives want the budgets cut, which is normally a very good idea.
But when you have this much dependency upon federal spending, in other words, you've got this many people who are getting food stamps, this many people who are getting Medicare, Medicaid, when you cut that off, you're going to cause a major ripple throughout the entire society that will damage the middle class significantly, more than it's already been damaged.
And the Clinton, Obama, Biden, Democrats were intentionally destroying the middle class.
Because again, if you're showing my book here on the truth about neo-Marxism, cultural Maoism, and anarchy, the Democratic Party became a communist party.
And so therefore it wanted, under the Cloward-Piven theory, two sociologists from Columbia University who in the 1970s said, you want to destroy capitalism, just spend it out of being.
Okay, and so therefore, the whole movement here on the left has been to destroy America in order to create their, you know, their utopia of socialism in the future, which has never worked and never will work.
But they think they can become transgender and transhuman and transition into a new status and all this other nonsense, which is completely ridiculous.
Okay, now that's a difficult book to read, but it's not easy.
If you really want to understand what's going on, you're going to have to master things like are in that book.
Just like my truth about the energy, global warming, and climate change.
Okay, now the shift here we're seeing with Musk and Trump has a lot to do with who Trump is.
Now, the most recent battle, and Chris, why don't you come on and we'll talk about the most recent battle for a minute because you've got some material on what's going on currently.
But Trump and Musk are firing salvos at each other.
And Trump is saying he's going to cut certain subsidies to Musk's companies that Musk is relying upon for things like his SpaceX program and other programs that he has going.
Okay, so this could cause even Tesla, could cause Tesla's board to vote control away from Musk.
And this, I think, is again detrimental to both Trump and to Musk.
But the one problem with Trump and his psychology is if you start criticizing Trump, he's going to turn on you.
And that's what he's done here.
And so now, how do you get these two once kind of lovebirds, guys who thought each other were just spectacular, you know, had Musk in the Oval Office commanding the scene while Trump was sitting at the desk?
And that's just a bad scenario.
That's a scenario which says that Musk isn't going to be around for long, just like Bannon wasn't along for long when he wrote a book saying, I elected President Trump.
And Fauci wasn't around for very long.
And now Fauci, I think, will be under a lot of examination and scrutiny for crimes Against humanity.
That's coming.
But let's talk about this because we've got to get past this Musk-Trump fight.
And I don't know that Trump will do a sensible thing, which is just to relax and let Musk have his subsidies.
Because again, we've got to continue the spending before we get a grip on this.
And I want to talk about solutions in a minute.
But Chris, what are you seeing?
What's your reaction?
You're showing us a lot of articles, and they're all good on point.
Here's something that has come to light recently.
It was for about, I suppose, a month, it was always, you spoke up against the big, beautiful bill, and you're against MAGA.
You're against Trump.
The fact is, there were some brave Congress members who just said, and this includes Thomas Massey and Rand Paul.
Rand Paul's a bigger name than Massey.
Massey's a small guy, but they said, look, we campaigned on, and Donald Trump campaigned on reducing the debt.
While we understand your point of view, and this is, it's not like they didn't understand it.
It's why we understand that you wanted to add some and hopefully try later.
Experience with government says if you give them an inch, they're going to take a lot more.
Who's to say that spending is going to decrease if we allow it to increase now?
Even Donald Trump said, yes, it's going to hurt for a little while.
So what's going on?
You're talking about a $5 trillion addition to the debt?
Well, this is, I want to, Trump has articulated a fundamental theme here.
There's a good picture of the national debt.
You can see how steeply it's risen in a short period of time.
I mean, since 1980, this debt has just gotten out of control, and there's no way it's going to be controlled under conventional means.
Now, one of the things that Trump has said is he said, we've been doing ideas for 50 or 100 years or 75 years that don't work.
One of the ideas has been that we can continue to fund Hamas or we can have the Palestinians in Gaza and somehow we can have a two-state solution in Israel.
That's not going to happen.
None of that works.
As long as the Muslim countries resolve that they're going to destroy Israel, all these moves, two-state solution, all these are just tactical decisions to get Israel to make concessions that make Israel weaker and easier to get rid of.
Okay, and so Trump is saying we're not going to do those anymore.
We've gotten Hamas largely rooted out of Gaza.
It's not 100% done yet.
Trump is going to stop the fighting pretty soon because Trump has other solutions in mind.
And I think Trump is on the right track.
But he's saying we're not going to let the Palestinians return to Gaza because then Hamas returns.
We've just dealt the Iranians a major blow with their nuclear program.
And now we still have the Aylatollas there.
But again, I think Trump is waiting for the next step there, the next shoe to fall.
And it's the same here with the economy.
Trump needs this bill to pass in order to keep things going for now.
Now, I'm going to give you another solution here, Chris, for a minute.
And then I want to look at a couple of the articles you posted over here.
Let's say that we, Trump has also got in this bill provisions for sovereign cryptocurrency fund, for instance, on XRP to be created.
Now, XRP is a unique cryptocurrency in that it is really a system, a formula, formulaic system for international trade that will replace the SWIFT system.
Since World War II, we've had it, international trade, you trade from one country's currency to another country's currency.
One country goes into dollars.
The dollars are exchanged to the other country.
That other country takes the dollars and put it in the national currency.
It's a very inefficient system.
It takes time to transfer money that way.
And there's arbitrage in that the value of the currency shift while the transit of the money is going on.
So you may gain or you may lose, depending upon how the value of the currency you're going into changes while the transaction is in progress.
XRP is instantaneous.
Let's say we take XRP, which today is trading at around $2, and we say to the people in these, you know, the part of the budget that has to be dealt with is the non-discretionary spending, Medicare, Social Security, et cetera.
Let's take Social Security.
We say you've got a choice.
You can get your Social Security in dollars or XRP.
Now, anybody who's under 40 taking XRP, XRP is at $2 right now.
And if it goes into becoming a sovereign wealth fund, go to $2,000 overnight.
So suddenly your $2 XRP has gained 2,000 or 1,000% in just a matter of short period of time.
And so therefore, one way to build wealth is with a true cryptocurrency where it's privately maintained and the supply can be limited in order to maintain its value.
Where the government has money that it can spend, no politician in their right mind is going to refuse to spend money that benefits their constituents and gets them re-elected.
All they care about anymore in Washington, in Congress, Senate, and House alike, is making sure they're taken care of and become wealthy.
So you have Pocahontas worth $68 million.
You have congressmen and women who come in here with no money at all and leave millionaires, multi-millionaires, able to trade on inside information on stocks and all kinds of other benefits.
So therefore, we've created massive corruption in every stage that only favors spending.
Now, cryptocurrency solutions and sovereign wealth funds change the game.
It's not doing the same over again.
You might even do Medicare Medicaid payments on XRP.
In other words, if it's on XRP, you take it off of the dollar's obligation because it's no longer dollar dependent as an obligation.
So you take these non-discretionary expenses and you move them outside the budget.
So they're no longer budget-like contingent liabilities.
Do you follow me, Chris?
I do.
I am following.
I am following Will along here.
Yeah, and I mean, this is an out-of-the-box solution.
But I think Trump is headed there because he continues to talk about cryptocurrencies and the need to have cryptocurrencies, sovereign wealth.
And he continues to understand XRP like I understand XRP.
Okay, it's not a Bitcoin.
It's a fundamentally different animal in that it is really a set of mathematical formulas that was originally designed as a transaction vehicle.
Okay, it's also a token.
It also has a stable coin.
They're also going on to these EFTs.
I mean, it's going to become very robust.
You're going to start hearing these cryptocurrencies become part of the international financial situation within the next five to 10 years.
And there's no way, I think, to avoid it right now.
I mean, it's still, I'm not encouraging people to go out and buy XRP.
It's still, you know, you better play cryptocurrency with money like you take to the casino.
Expect to lose it because it's a roller coaster ride and nothing is certain here.
So I'm not recommending people to go out and buy XRP.
It's not something that people should do on their last dollar.
Now, if you want to take money to the casino because you enjoy being in a casino and you don't mind losing it, you can afford to lose it.
Well, fine, entertain yourself.
And it's the same here with cryptocurrency.
Now, I think the ultimate solution is that our currency, the dollar and others, are going to have to return to becoming gold-based or some basket of currencies, something hard that backs them up.
Otherwise, there's no limit on what can be spent.
Modern monetary theory has got to be put down because while it makes sense in that, as long as we limit the supply, we can print as much money as we want.
There's no political reason we limit the supply.
And de Tocqueville knew that.
De Tocqueville wrote as soon as people catch on that they can benefit themselves from the federal largesse spending out of the treasury, there'll be no end to it.
Okay, so now, Chris, these are thoughts that I think are fundamentally different.
And I want to go back for a couple of these articles and look at a couple of these articles before we wrap up the discussion.
But what's your reaction to the idea we use these cryptocurrencies as solutions?
It's a double-edged sword.
As long as it's as secure as possible, I understand that we do have master hackers that can screw things up.
On the one hand, that's fine.
But you were saying that XRP also has kind of a solid base coinage system too, I suppose.
So that's something to consider as well.
Again, I'm not going to be telling anybody to invest somewhere or anything else like that, but XRP does sound promising.
Well, and I know I've talked to a lot of financial advisors in the past who have had mixed reactions or they have different opinions on other cryptocurrencies.
This one seems interesting, especially if, let's say, the U.S. and other nations start using it.
Well, it's got potential that is fundamentally different.
And that's, I think, really what's interesting and exciting about it.
Now, I want to go to the Zero Hedge article that you found here.
And let's post that up so we can talk about it for a minute.
Musk is upset that he lost the electric vehicle mandate.
What's happened is since Trump took over, all this global warming and all that climate change nonsense has been exposed as completely a farce and a joke, junk science.
And so therefore, EVs, nobody wants the EVs.
I mean, they're kind of an interesting vehicle.
They accelerate fast and they have different dynamics.
They feel different.
They ride in them.
I've now with Uber ridden in a lot of electric vehicles.
But the problem with them is that they are not efficient.
You have to charge them.
The lithium batteries can catch fire.
If they run out of juice, you can't even open the doors.
You get trapped inside one of these vehicles.
When they start burning, they're hard to put the fires out.
Electric vehicles are just, they're novelty.
They're not the way with hydrocarbon fuels that's going to be the standard.
And country after country is just going to drop this whole green agenda.
It was always just a boondoggle to get money into the hands of people who supported Obama.
And Cylinder went broke and nobody did anything about it.
Nobody went to jail.
And yet the people who got the government money in Cylinder made themselves wealthy.
All right.
So, you know, Tesla is now, with the shares sliding in the trading, with this clash between Musk and Trump coming into the public, again, Musk, long before he, Trump's saying, Elon Musk knew long before he so strongly endorsed me for president that I was strongly against the EV mandate.
It's ridiculous.
It's always a part of my campaign.
Electric cars are fine, but not everyone should be forced to own one.
Elon may get more subsidy than any human being in history by far.
Without subsidies, Elon probably would have to close up shop and head back home to South Africa.
That's what Trump wrote in Truth Social.
And it's true.
But do you want to push him that way?
In other words, Trump saying no more rocket launches, satellites, or electric car production in our country would save a fortune.
Perhaps we should have Doge take a good hard look at this.
Big money to be saved in cutting Elon Musk.
Okay, so, you know, Musk is returning, saying anyone who campaigned on the promise of reducing spending, but continues to vote on the biggest debt ceiling increase in history will see their face on this poster in the primary next year.
And, you know, he's posting then on Twitter, X now today, posters of Liar, you know, with Pinocchio, voted to increase America's debt by $5 trillion.
Okay, now they both got a point.
But my point is that it would probably do good for Trump to ease up on Musk and to allow him to have his subsidies because, again, to force Musk into a difficult situation right now is again negative in that it will help tank the economy.
And if we want to push the economy into a deep recession, it's doable right now.
And the works are here.
This bill, I think, will pass.
And it will pass with some parts of it that nobody's going to like.
In other words, you know, thanks to rhinos like Susan Collins in Maine and Murkowski in Alaska.
These are two rhinos who don't belong anywhere in the mega agenda.
And the GOP light is, you know, GOP rhinos are just Democrat light.
And they're all just socialist light.
And they all basically hate America because they're on this agenda of destroying American financially.
A country which destroys itself financially does not have long to go.
And it's part of the ancient world, part of the ancient world.
Rome collapsed largely because it just overspent its ability to be financially sound.
And once it lost the ability to be financially sound, which it gained by raiding other countries and stealing all their wealth, it's a great formula while it lasted.
But the problem is that Trump has now got to sustain the situation, keep the party going for a while in order to put in place some fundamental reforms, which are going to take new thinking and new structures, which have never been tried before.
And as far as I can see, since the dollar is backed by nothing and is crypto, it's the worst kind of crypto because Congress will just keep spending it.
So let's do private cryptos where a private company can restrain the supply and you have a cryptocurrency which has a tendency to increase value as it's more used.
Early adopters will get the biggest gains.
And so therefore, those who took social security payments today in XRP will be handsomely rewarded in the future.
And again, this moves us off of the central government being responsible for all these constantly mounting non-discretionary payments.
Non-discretionary means the law says you have to make these payments, so what are you going to do?
Chris?
It goes beyond that as well.
Think about this.
I know that one of the big fights with the six senators has to do with Medicaid and the federal government's share of Medicaid.
One argument is the state should bear more of that because we have Medicare we're dealing with.
And that's a very complicated issue.
What's not necessarily complicated is this debt chart here.
Take a look at this.
Now, I know that debt's been out of control since 1980s.
You'll notice one of the, this was the curve was flattened for the period when the Republicans took over Congress after 1996.
Well, 1986.
That was Newt Gingrich and the others.
They came out with their budget package.
And they had, and yes, we're trying to get a, but now that we're continue, because the war is here during the Bush era, then look at this.
2009, and nobody talks about this.
The media never mentions it.
And even we on the conservative side, Obamacare was mandated.
And the federal government now and the taxpayer has to take the burden of that, which includes probably things we shouldn't be spending money on.
But that has to be in the budget every year.
So the debt skyrockets.
Yeah, Obamacare was fundamentally a massive Coward pivot scheme, which took all of this health care and largely destroyed private health insurance.
And that's a COVID spending, which is over there.
COVID spending, COVID spending, which is another steep curve up.
And if you look at that curve in MSAN mathematics, you're approaching what they call an asymptotical curve.
An asymptote approaches the axis infinitely fine, but in a steeper curve.
It never quite gets there, but the approach is very, very steep.
And it's illustrated in principles like golf.
A lot of people can qualify to be nearly pro.
But to get the one or two strokes, you have to additionally take off your game in order to be pro takes an enormously hard amount of work.
So it's a very steep curve that very few can get up.
So that's where you get the one or 2% or less that can be professional golfers, even though a lot of people are very good amateur golfers.
You know, there may be scratch amateur golfers.
Trump's a good amateur golfer, and especially for his age, but he's never going to become a, he never could become a pro because that extra bit requires exceptional talent.
It's just like, you know, very few people know anybody who, despite all, you know, the vast majority of boys playing baseball and football as kids, most of us don't know a single pro football player or baseball player because there's so few.
You know, and that's the nature of this.
But what we're dealing with is we're dealing with now a fundamental phenomenon that most people don't understand.
And again, I'll make one more mathematical point, which I often make, and that is a difference in scale is a difference in phenomenon.
In other words, just because it's bigger doesn't mean it's going to operate the same as it did when it's smaller.
You can't take a bumblebee, make it 10 times as big and make it fly because the aerodynamics don't work anymore.
And so when we get into this range that we're going into now with budget deficits, it doesn't operate like a smaller deficit did.
Suddenly, a smaller deficit could be easily handled, 1950s, 1960s, but deficits of the nature we've got today are crippling and they're only going to get more crippling.
So in a sense, the senators who are holding out have a legitimate point.
But what they don't understand is that, you know, it's gotten to the point where right now we don't have a choice.
And Trump is right.
If we don't pass this bill, then watch out, gold will be at 4,000 Before you know it.
And the bill is precarious right now because it's got to get through Congress and it's not assured that it will.
Okay, so for instance, there's an article on Newsmax, which is saying that these holdouts, for instance, Susan Collins is not committed to voting for the bill.
And she is introducing amendments that don't have any chance of passing.
You've got the same with Ron Johnson of Wisconsin and Rick Scott of Florida, Mike Lee of Utah and Cynthia Loomis of Wyoming.
They all want a vote on an amendment that would slash Medicaid further by changing the formula to determine what share of the program's bills are paid by the federal government.
Now, they've got a legitimate point.
But if you cut Medicaid that hard and cut off the flow of money, you're going to have dramatic consequences for not only the people dependent on Medicaid, which are people who are already below middle class, but you're going to have a big impact on the economy as a whole.
So again, these are not easy questions.
And, you know, finally, there's a Elon Musk, I'm going to return for one minute to the clip that we played.
He's right.
We have to reduce spending.
But it's not going to be easy because we're going to have to some way or other continue Medicare, Medicaid, Social Security, and other transfer payments.
And Social Security is different because we're supposed to have paid into it.
So that was Franklin Roosevelt's original idea.
We put some of our money earning now in.
So when we retire, we have that money back and the gains of that money being invested.
But that money is being stolen by the federal government to pay for other programs that we can't afford.
And this entire big house of cards of spending, Trump's balancing act is, I think, the only solution, which is to pass this bill, keep the spending going, but then introduce solutions which are different in kind, not just cutting spending, because cutting spending is never going to pass, not in any fundamental big way.
We're going to have to take some of these obligations off of the federal balance sheet in order to manage the growth and contingent liabilities of federal government as contingent liabilities of cryptocurrency and let it be privately managed.
That's the only way these things can be dealt with.
Okay, now that's an innovative thought, and I'm going to give people time to absorb it as we cover maybe one or two other topics.
But Chris, you want to have any final comment on this before we move on?
Looking at this, and as I said before, I do understand Senator Collins' point of view on this as well, like you were discussing as far as Medicaid is concerned.
Medicaid is concerned.
Sometimes I get the two confused, but they were trying to cut the share for rural hospitals, apparently.
And that's something that Republican senators have to keep an eye out for, because you see rural hospitals losing out.
They're going to lose out, these senators.
So I believe there's going to be a little more back and forth to this.
The House may even have more problems with this when the bill comes back.
I'm pretty sure the July 4th hopeful deadline is out of reach.
I could be wrong, but this could take another month to fix or at least to hash out here.
And I do agree with both sides on this to an extent.
On the one side, yes, you have to spend to take care of some things.
On the other hand, why that much?
And honestly, maybe you can find ways to cut a little bit more anyway while you're spending.
Well, it's just not going to happen with cutting spending.
And all the good arguments for cutting spending, it's just not going to happen.
There's too much money in Congress.
Too many Congressmen are getting on the take one way or the other.
There's too much lobbying.
There's too much money being passed around by China and by, you know, the dupe, you know, basically ahead, Ukraine with passing around a lot of money.
I want to shift to those topics now.
There's several things going on.
Trump's going to get past this, and I think he's going to get his bill passed.
Be a lot of arm twisting in the next few days and a lot of complaining, but I don't think people right now in Congress can resist Trump because Trump is extremely powerful.
I think Trump is actually maybe one of the most brilliant presidents we've had.
And I'm just, you know, I have one guy who's so hating Trump.
He hates everything Trump does.
And he sends me 75 messages about everything that's wrong with Trump.
And it becomes an obsession.
Trump has this ability to key people into obsessive derangement.
Okay, so now once Trump gets this budget issue, there's not much going to happen until this budget is done.
And I just, they'll get something through.
It'll be like usual, making sausage.
It's going to be a mess, but we'll go forward.
Now, Trump will then turn his attention onto international politics.
Now, he's going to get Netanyahu back, and Netanyahu is going to probably stop the attack in Gaza.
So Trump gets the shooting stopped in the Middle East.
And that's very important.
People say, well, we've got the Mullahs right now on their knees.
Why don't we decapitate and kill the Mulahs?
And then we'll just take over Iran and make sure it goes back to the Shah and renounces this radical Islam.
Well, it's not that simple.
And nothing ever is.
But the Mullahs weren't killed, so they can sign the agreement.
And Trump's going to force an agreement.
Trump will go into hard negotiations now.
And with regards to Ukraine, which has dropped out of the news, you can see that Trump is now ready to cut Zelensky's funding.
And Zelensky, who's nothing but a cheap punk, you know, like a comic actor who thinks he's president, even though he won't hold elections.
And he wears these stupid fatigues as if it's a costume.
And might as well wear a clown suit.
And The guy has no comprehension of what he's doing, except he's taking so much cocaine, I don't know whether his mind functions any longer.
But the point is, you're dealing in terms of someone who is out of their league.
There's no way Russia is going to give back the territory Russia has in Ukraine.
The Western Ukraine are all neo-Nazis with neo-Nazi brigades and Nazi symbols.
And Zelensky was sending them over into these provinces that speak Russian in order to kill Russian-speaking freedom fighters who wanted these provinces to be independent.
Then Zelensky started killing clerics from the Russian Orthodox Church.
And Putin had enough.
Putin had enough of the incendiary actions of NATO trying to expand to his border, putting CIA stations, 35 of them, on the border with Russia, having a Wuhan-like lab on the border with Russia.
I mean, the Obama-Biden people were insane.
And I'm convinced that one of the reasons Hillary was not investigated for, or not charged for her private email server, was that they all knew that, you know, all these Obama-Clintons were all pedophiles.
They were Podesta and Pizzagate was not to be dismissed.
And they couldn't have their sins revealed.
If they did, we would have known that for the last 50 years, the Democratic Party has been nothing but a party of corruption.
And the CIA has been in control, running the country with drug money and child sex trade money.
It's evil.
And the evil's huge.
All right, now what Trump is going to try to do, and it got little notice, but Trump is saying the UN, you know, we're not paying you anymore.
So the UN's panicking.
Where's our money?
Well, forget it.
We'd be better off making that piece of land on the East River into a parking lot than having it be the UN.
Because UN is nothing but an anti-American organization.
The same with NATO.
It's outlived its usefulness.
And the European countries that were saying, oh, we'll send armies into protect Ukraine.
We've got to fight Putin.
Well, France could more send an army to fight in Ukraine that could hold a transgender parade down the Champs-Élysées, combined with a pride parade, and they can all prance around naked with children and sacrilegious sex and everything else that they want to make a demonic display of.
That's about as good as French army would be in Ukraine.
And the same for Great Britain, which is now overrun by Muslims.
And we have a Muslim socialist running for mayor in New York after the Democrats in New York rigged their primary so that this guy, Mondami, whatever he is, would win.
And now we've got Mondami prouncing around saying, I'm going to have government grocery stores.
We're going to have this free.
We're going to have that free.
And the subway is going to be free.
And everything's going to be free until he takes over.
And then he'll impose whatever totalitarian idea he's got really in his head.
So Trump is going to move next to say to the Mullahs, you're going to face severe sanctions.
And probably the, I believe, the generals will take out the mullahs.
And Trump will get the mullahs signing an agreement or the mullahs will all be dead.
Because I think Iran is really done with the mullahs.
We have one more chapter to play here.
But the mullahs had their big wad when the Ayatollah Khame said, tomorrow you're all going to wake up and I'm going to be famous because this will be a world historic day.
Iran had two nuclear warheads, which as I reported yesterday, China flew airplanes into Iran and took the nuclear warheads and the highly enriched uranium back to China.
And they did that at the behest of the Iranian generals who knew that Ayatollah Khomeini had just decided to commit suicide.
Now, what's going to happen through this period of time is we're going to get the Abraham Kords expanded throughout the Middle East.
Chris, come on back.
I'm going to have you comment in a minute.
Abraham Kords expanded, and Trump is going to reach out to countries like Libya in order to have Libya come in and be part of the expanded coalition that will accept the existence of Israel as a Jewish country and start working with Israel to produce prosperity.
And Libya will create, will take Palestinians.
And if Trump does it the way I believe he will, he's going to understand that with government guarantees, private capital will develop the Middle East.
Now, we're just about up at the point here of quitting.
And I know you've got to an obligation right in about one minute, Chris.
So any final comment as we wrap up?
Well, let's see how they hash this out because, again, I understand the increase in spending may be necessary, but who really trusts the government when they increase spending one year to tell you, yeah, we're not going to increase spending next year, then another circumstance or something else comes up.
Unless we have a fundamental break, say that, okay, we've got to have a fundamental different solution, I'll say cryptocurrency or XRP, then you're right.
But what I'm betting on with Trump is Trump has in mind a fundamental change of kind, not just more of the same.
We'll see.
Okay, this is Dr. Jerome Coursey, and we're going to wrap up.
And the end God always wins.
Thanks for joining us.
We'll be back tomorrow at CourseyNation.com.
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