Bought Media, $40 Trillion in Debt, and the Two Fixes Washington Will Never Vote For

Let Me Tell You What the Financial Media Actually Is

I used to go on these networks. Regularly. I had relationships with people at CNBC, at Fox Business, at other outlets. And I watched, over time, what happened to them. The editorial pressure. The sponsor relationships. The narratives that were simply off limits.

Now I refuse to go on them. Not because I do not have things to say. Because I will not dress up propaganda as analysis. The networks that once pretended to give you financial news are now full-time narrative management operations. They tell you what their sponsors, their parent companies, and their political allies need you to believe.

NewsNation is the one exception I have seen making a real effort. One channel. That is what we are working with.

Conventional Wisdom Is the Product They Are Selling You

Here is the con. Conventional wisdom is not wisdom. It is the agreed-upon story that keeps money moving to the right places and keeps you from asking inconvenient questions. Every time a financial commentator tells you to just stay the course, just trust the market, just listen to your broker, someone is profiting from your passivity.

I have spent my career doing the opposite of what conventional wisdom says. Not to be contrarian for sport, but because the evidence has consistently shown that the consensus exists to serve institutions, not individuals.

$40 Trillion. Read That Again.

We are approaching $40 trillion in national debt. This is not a partisan talking point. This is a financial reality that will shape every investment decision you make, every retirement you plan, and every dollar you try to hold onto over the next twenty years.

Inflation, interest rates, currency purchasing power, all of it flows downstream from this number. And the people responsible for it have zero incentive to fix it because fixing it requires telling voters things they do not want to hear.

So instead they borrow more, spend more, and let the bill land on you.

Two Fixes That Would Actually Work

Governor DeSantis is leaving office this fall and has made it clear his post-gubernatorial mission will focus on two constitutional amendments:

• Term limits for members of Congress
• A balanced budget amendment

I have been calling for both of these for decades. Literally decades. And if you want to understand why they have never passed, just follow the incentives. The people who would need to vote for term limits are the same people whose entire power structure depends on staying in office indefinitely. The people who would need to vote for a balanced budget are the same people using deficit spending to buy votes.

Think about the trillions of dollars that flow through congressional decisions. That is not just money. That is power on a scale most people cannot comprehend. And like any addict, Washington will not give it up voluntarily.

I would go one step further than DeSantis. When your term ends, you are done. You cannot walk into a lobbying firm and cash in on every connection you built while pretending to serve the public. You do not get to monetize public service. You served. Now go home.

The Bottom Line

You are operating in a financial environment where:

• The media is not going to tell you the truth about markets, debt, or the economy
• The institutions managing your money have their interests, not yours, as the priority
• The political class has built a system designed to perpetuate itself at your expense
• The debt load we are carrying is a slow-moving crisis that most commentators refuse to discuss honestly

Understanding this is not cynicism. It is the starting point for making real financial decisions in the real world.