Cover Needed to Seal Rushed Deals

Trump II has been busy stirring the stink after his midterm election pasting.  Why Stephen Miller as Chief of Staff and Dana White possible Press Secretary?  

Attention must be diverted elsewhere.  Also, Trump II loves a donnybrook (as long as someone else is swinging and taking the real punches).

Trump has essentially two months to press government deals that benefit his family, heavy donors and Red Team political insiders.  I expect an "all of government approach" to funneling contracts to Trump aligned companies, especially those where a Trump son or Cabinet member child has an equity stake, a senior advisor position or a board of director seat.  Just dismissed Trump Chief of Staff Susie Wiles' daughter raked in big lobbying money from those wanting insider access to the White House. Thus, lots of noise and bombastic behavior will be required of Trump's minions.

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more are one or related to one.  TechGods may finally learn from their PEU forefathers to stay in the background as they use their money and influence toward further enrichment.

Trump II wrote on Truth Social:

Democrats were targeting people “just because they happen to be Republicans, or Republican supporters.”

Look away press and political opponents with a new job to do.  Independent voters have long been sick of hyper-partisanship, especially the kind that sweeps bad things under the rug (Jeffrey Epstein).  

Trump's cruelty always occurred inside his obsession to ceaselessly grow his power and finances.  None of that changed in the last week.  

Former New Jersey Governor Chris Christie called Miller's appointment an emotional support choice by a flummoxed President.  If he just stayed Trump II's emotional support creep (ESC) I would not complain.  Stephen Miller running White House operations is a nightmare for our country and intended to keep sunlight far away.

From PEU to TechGod

In less than two years Dan Driscoll went from private equity underwriter (PEU) to a Trump II appointee to TechGod.

Flex Capital COO Driscoll accepted the call of public service, heading the U.S. Army until War Czar Pete Hegseth drove him into the waiting arms of OpenAI.

FlexCapital Chief Operating Officer - 2021 to February 2025

Army Chief - February 25, 2025 to September 2, 2026

OpenAI hiring - announced November 2, 2026

 Driscoll's LinkedIn page shows his PEU background:

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.  

Bipartisanship will likely arise from Reed Hoffman and Michael Bloomberg negotiating with their staunchly Red peers.  C'mon guys, we can all get our cut of Uncle Sam's largesse...

Legends TBD for $TRUMP Gala Dinner

Summer 2026 found Trump II's memecoin setting up three reward events for coin holders.  The first was the F1 Grand Prix race in Singapore.  

The F1 race occurred just after the TOKEN2049 cryptocurrency event which drew 25,000 people and headlined Philippine President Ferdinand Marcos Jr., Ray Dalio and Eric Trump.  Surely Eric donned his $TRUMP baseball cap and mingled with the $TRUMP leaderboard winners.

Smoke from Indonesia wildfires impacted air quality for the event.  Indonesia's President expressed interest in meeting Eric Trump in October 2025 at a Gaza Peace Summit.  

$TRUMP rose from $1.40 to $3.67 during the F1 contest period.  It traded over $2 on the last day of the contest (October 5th).

Event two is yet another dinner with the President at one of his properties.  

The midterm elections put a big dent in $TRUMP's price. It traded around $1.60 in the week prior to November 3rd.  The price fell to $1.22 yesterday and $1.11 today. 

The gala dinner may not be as big a draw.  The "Three Legends" are yet to be named and the event is just over two weeks away.

Event three is a Super Bowl experience.  The start date for this reward competition has not been revealed.

Future House and Senate leaderboards will be full of Democratic Party members.  TechGods, Middle Eastern sheiks and other people who have been throwing money at $TRUMP memecoins will need to decide if that remains a useful "investment."

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  

RePEUdiation

Fortune reported on the impotence of billionaire money in the midterm election in light of voter anger over Trump II's Iranian War and ongoing economic hardship.  

President Trump was front and center for this independent voter as I marked the ballot against all but two incumbents, both local.  

Voters repudiated the political Red Team, in part a protest against a system that seems stacked against the little person.

Trump II and his mendacious minions have but months left to craft self-serving deals before a new Congress is sworn in.  

Kalshi already signed a Blue stable of political advisors to navigate the new legislative terrain.  Private equity underwriters (PEU) are polishing or enhancing their Blue cred as are many corporations.  TechGods lurched so far to MAGA right they may have their head rattled trying to reorient.

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more have been one.  We'll see how the Blue Team legislates and holds other branches accountable.  It will be instructive.  

Update:  Blue White House hopeful and former PEU Rahm Emanuel was on Bloomberg this morning while the Reds face some internal soul searching as to how things deteriorated like cracks in a freshly redone Reflecting Pool.  

Politico weighed in on Trump II's mindset post defeat.

Politically Connected PEU Speaks on this Election

Carlyle co-founder David Rubenstein read the political tea leaves for the midterm elections.  He proposed different political priorities under varying voting scenarios.

Rest assured that Carlyle and Declaration Partners (Rubenstein's family office) are ready to play under all of those possibilities.  

My wise friend wrote:

David's very comprehensive with this political note. Thank you. He's very hopeful someone carries his interest.

Politicians Red & Blue love private equity underwriters (PEU) like Mr. Rubenstein, and their new TechGod brethren.  Increasingly, more are one.

Everybody vote.  

Parasites Unite Pre-Election

Kalshi's political Red Team connections are crème de la crème with Donald Trump Jr. as their strategic advisor.  At times it makes sense to shift a bet.  Thus, Kalshi has gone Blue recently.  

Kalshi has proven its predatory nature with nearly 3 users losing money on the platform for every long term money winner.  

"You're not just up against ordinary people on Kalshi, you're up against Wall Street."

Former Biden advisor John Bivona said this upon joining Kalshi in January 2026.

"...At a time when people feel like our financial system is rigged against the everyday person, Kalshi levels the playing field and brings more public participation to the issues that people care about most.”

Joining a wagering site populated by Wall Street does not sound like Mr. Bivona's promised de-rigging.  

Politicians Red & Blue love private equity underwriters (PEU) and their new TechGod brethren (Kalshi fits here).  Increasingly, more are one.

Kalshi knows where to place, or at least hedge, its political bets.

The Richest Bastards

The Super Wealthy can come together for a cause, albeit one very self-serving.  Asset accumulators, otherwise known as TechGods and private equity underwriters (PEU), quiver at the thought of paying their fair share in taxes to support governments that send them so much business.

PEUnity, it's an inglorious thing to watch.  Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.