🔥🔥 FIVE ALARM FIRE: ELON MUSK COUP 🔥🔥

After consulting with former Treasury officials, we have sent this "worst
case scenarios" memo to members of Congress. We wanted to share – and
encourage you to share with others.

One person responded, "Brilliant memo! This is material and scenarios I
have not seen anywhere else. Thanks for being vigilant."

It shows the potential impacts of Elon Musk's hostile takeover – including
his ability to strangle Social Security, trigger the debt ceiling, and
enrich himself with your money.

Read it below.

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this petition to Senate Democrat "Leader" Chuck Schumer telling him to
SHUT DOWN THE SENATE until Elon Musk’s coup ends.

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dangers of Trump/Musk and pressing Democrats to fight with BACKBONE.
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[9]Progressive Change Institute

A Layman’s Explainer on Elon Musk’s Seizure of the Bureau of Fiscal
Service, and Some Worst-Case Scenarios

Elon Musk and his [ [link removed] ]associates from the so-called Department of
Government Efficiency (DOGE) have [ [link removed] ]gained control of the federal
payment system at the Treasury Department, seizing [ [link removed] ]access from David
Lebryk, a longtime career civil servant, who has now departed.

This memo offers a layman’s explainer on how the system now in Musk’s
possession is the “Financial Nuclear Codes.”

The system that Musk seized is a computer system that receives files of
everyone who should be paid by the government and the amount that they
should be paid, and then processes those payments. The system is designed
to process funding allocated by Congress and by the agencies.

We spoke with several former Treasury employees to understand the
extremely dangerous impact of placing this system — responsible for over
$6 trillion in annual payments, including Social Security, Medicare,
Medicaid, veterans’ benefits, and tax refunds — along with the private
data of hundreds of millions of Americans, under Musk’s control.

Here is a quick layman’s explanation of what’s possible under the
worst-case scenarios:

* Elon Musk now has the ability to choose what government bills to pay
and what not to pay. He can cut off spending to any federal program,
from Social Security to Head Start to SNAP. He can achieve the same
aims as the “funding freeze” memo from the Office of Management and
Budget — but at the source, and without a paper trail. This is
functionally an impoundment, but he can do it without transparency,
without involving the agencies, and without the evidence of a memo.
Keep in mind that the Treasury Department — and the people running
this system — do not have the legal authority to decide what should or
should not be paid.
* Elon Musk can gain access to sensitive data about almost every
American. When the Treasury payment system receives files from
agencies, the data includes millions of people’s information,
including their bank account and home address. IRS data includes a
wealth of identifying and financial information about almost every
American. Musk and his corporate allies will now have access to this
data, which creates massive privacy concerns in terms of how this data
could be used, and whether it will be stored and accessed in ways that
make it vulnerable to hackers and identity thieves.
* Elon Musk could implement a new list of individuals or organizations
who would not receive Treasury payments. There is currently a “Do Not
Pay” master system, which draws from a number of different government
lists — there are lists of individuals who have died or been
sanctioned, for example, or lists of businesses with outstanding tax
liens which are ineligible for government contracts. Before new
payments are processed, the computer system "pings" these lists to
ensure the government isn't paying anyone that it shouldn't. With
OMB’s cooperation, individuals and organizations could be added to “Do
Not Pay” for improper reasons.
* Elon Musk could damage or break the payments system by giving access
to unqualified associates. This system is incredibly complex, and
[ [link removed] ]interference in the code could threaten the federal government’s
ability to make payments reliably and on time. A 25-year-old Musk
associate reportedly has "[ [link removed] ]read and write" access, meaning he has
the ability to rewrite the code on the Payment Automation Manager
(PAM) and the Secure Payment System (SPS).
* Elon Musk can make political, damaging, or self-dealing decisions
around the debt ceiling, potentially destroying the full faith and
credit of the U.S. Treasury. David Lebryk and his team have been the
ones who monitor the U.S. debt and run Treasury auctions and
redemptions in ordinary times, who work closely with the Treasury
Secretary when the debt ceiling is approaching, and who run
extraordinary measures to create more space for negotiations when
we’ve reached our limit. This close monitoring and prudent planning
ensures that the full faith and credit of the United States is never
questioned and that the U.S. Treasury’s status as the world’s reserve
currency is protected.
* Elon Musk can implement new forms of payment. A large part of running
the payments system is making decisions about how payments are made,
in order to actually get the money into people’s hands — through
everything from direct deposit to prepaid debit cards to Direct
Express for unbanked beneficiaries. Elon Musk could (in theory) send
payment to VA beneficiaries in a bitcoin wallet through a random
private Fintech company with inadequate operational security.
* Elon Musk may be able to cut off payments to specific destinations,
including specific states. He can cut off important benefits to blue
states, for example, immediately crashing the economies of those
states. This creates a form of economic warfare that can be weaponized
by the federal government against the states.
* Elon Musk can choose not to pay his competitors. Musk is the
beneficiary of billions of dollars in government contracts, and he
competes against other companies for billions more. In theory, he
could use this enormous power to exert leverage, extract concessions,
and even disrupt the operations of his competitors through
non-payment.
* Even amidst the economic catastrophe caused by a debt ceiling breach,
Elon Musk will stand to profit. If Elon Musk is running this system,
in a scenario in which the U.S. Treasury is running out of money, he
could choose to pay SpaceX before paying veterans benefits or Social
Security. Federal transfers also have an enormous impact on the
American economy, as money from programs like veterans benefits and
Social Security circulate immediately back into the economy.
Disruptions to our payment systems can reverberate across the economy
and the globe.

Recommendations for Elected Officials, and What the Grassroots Should
Demand:

1. No political interference with payments — hands off the payment system.
Any permissions given to Elon Musk’s cronies must be reserved and the
payment system must be continued to be controlled by experienced career
civil servants.

2. The Fiscal Assistant Secretary of the Treasury must continue to be a
career position. The lives and livelihoods of millions of Americans — not
to mention the full faith and credit of the United States — depend on it.
If he is willing, David Lebryk must be reinstated, or another career
executive must be brought into this position.

This development is a serious national emergency, and we call on every
elected official from both political parties — as well as anyone invested
in the U.S. financial markets — to take immediate action.

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Share this memo [ [link removed] ]on Facebook, [ [link removed] ]on Instagram, [ [link removed] ]on Bluesky, [ [link removed] ]on
Twitter (X), and please forward it to as many people as you can. (Get a
PDF version to share [ [link removed] ]here.)

[ [link removed] ]You can also sign this petition to Senate Democrat "Leader" Chuck
Schumer telling him to SHUT DOWN THE SENATE until Elon Musk’s coup ends.

(Please also consider [ [link removed] ]donating to our work engaging Congress about the
dangers of Trump/Musk and pressing Democrats to fight with BACKBONE.
Donate here.)

Thanks for helping spread the word.

-- The PCCC Team (Follow us on BlueSky: [ [link removed] ]@BoldProgressives.org)

 

 

 


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