Trump II's ballroom cost $200 million in July 2025 and the project was completely funded by private donors. It's now $600 million with the U.S. taxpayer picking up $300 million.
Wednesday, June 17, 2026
Trump II Ballroom Price Rises 200% in Less than a Year
Trump II's ballroom cost $200 million in July 2025 and the project was completely funded by private donors. It's now $600 million with the U.S. taxpayer picking up $300 million.
Tuesday, June 16, 2026
PEU-TechGod Connections Go Back
In June 2014 I wrote:
Economic power buys political power, which then sets favorable rules and telegraphs money making opportunities for the already wealthy.That year a secret group of private equity underwriters (PEU), TechGods, elected officials and members of the media attended Dialog, a tech focused Bilderberg Group like meeting put together by Peter Thiel. It gathered 150 people to change the world.
Lisa Randall sent her confidential invitation to Epstein for advice on attending, asking "Is this worthwhile?"
Epstein responded with "sundance is nice ,, go"
Randall replied "So let me understand. You are suggesting tourism?"
The message made it clear the invitation was not transferrable and shared:
"the invite is only for Lisa Randall and is not transferable as we are limited to only 150 participants. There are no sponsors. We increase the retreat fee weekly to reward the people that sign up early. And this retreat is 100% off-the-record. /"
A second contact regarding the meeting came from Ian Osborne. Ian forwarded his invitation from Auren Hoffman to Epstein with the following comment:
"Same shit. Peter doesn't even attend. I will tell him that they should stop them from using his name."
Ian got on the list per a recommendation from TechGod Chamath Palibapitiya.
Epstein tried to work up dinners with Ian Osborne and Peter Thiel. It's not clear if he sandwiched such an occasion in between meeting with Ehud Barak and Leon Black. Very private, no agenda.
Politicians Red & Blue love PEU and their TechGod brethren. Increasingly, more are one. What was disturbing twelve years ago is systemic today.
The Carlyle Group located in Washington, D.C. in 1987 because its founders understood the highly profitable connection to political power. TechGods did likewise as Trump II ran for his second term.
Dialog may now own D.C. area real estate to continue their "150 people changing the world" meetings. How does a secret society end up owning real estate big enough to host at least 150 people and conduct multiple breakout sessions? It does so when those people are billionaires and aim to become trillionaires.
Monday, June 15, 2026
Dominari's SpaceX Fund: Open and Closed
The Trump Boys had another winning week. Don Jr. and Eric each hold nearly 1.2 million shares in Dominari Holdings and serve on the firm's Advisory Board.
Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq: DOMH), is pleased to announce the successful launch and closing of the American Ventures Opportunity QP Series IV – SpaceX Fund, (hereinafter, the "Fund").The Fund successfully raised approximately $200,000,000.00 from qualified investors and deployed that capital to directly acquire 1,481,481 IPO shares of SpaceX at a price of $135.00 per share in what the Wall Street Journal called the smoothest IPO in recent history, as well as the largest IPO ever. Unlike many other banks that received little or no IPO share allocation, Dominari's allocation was significant, marking another milestone in the firm's private markets platform.In addition, Dominari and its affiliates had previously completed eight (8) pre-IPO investment rounds in both SpaceX and xAI, representing an aggregate investment of approximately $50,000,000.00, in addition to the approximate $200,000,000.00 raised in the IPO. The carried interest from these investments may eventually exceed $40,000,000.00 for Dominari and underscores the firm's ability to consistently source, structure, and execute differentiated private market opportunities.
Not only did Dominari have the gravitas to get in SpaceX when it was private, it garnered a significant allocation of the oversubscribed IPO.
How many different ways will the boys profit from Dad's executive branch priorities? Let someone please count the ways.
Sunday, June 14, 2026
"Trump Turns 80" Event to Pay UFC Fighters with His USD1
The Ultimate Fighting Championship (UFC) announced on Friday that it will pay bonuses to fighters in a form of cryptocurrency issued by Trump family business World Liberty Financial at the heavily publicized White House mixed martial arts event on Sunday.The development connects the Trump family’s financial interests to the high-profile UFC competition being promoted on government property.
"In my experience, what is real are the things that are still there, even after you stop believing in them."Trump II has replaced White House ethics with depositable "checks" and financial statement "balances." As paid fighters add to their accounts so will the wider co-founding Trump family. Does this make them moneychangers?
Saturday, June 13, 2026
Premiere TechGod Elon Musk
TechGod Peter Thiel posted an homage to fellow TechGod Elon Musk as our world christened its first trillionaire. I took the liberty of adapting it.
These self made, libertarian TechGods from South Africa did what few Americans have done, enrich themselves obscenely while destroying key democratic and societal foundations.
Trump II gave TechGods their own bank when his administration approved a bank charter for Erebor Bank. Ordinary people cannot sign up.
The Virginia Declaration of Rights, written by Thomas Jefferson, included:
That no free government, or the blessings of liberty, can be preserved to any people but by a firm adherence to justice, moderation, temperance, frugality, and virtue and by frequent recurrence to fundamental principles.TechGods destroyed wage structures in various industries with their overuse of gig workers. They harmed children by facilitating contact from sexual predators and having their AI bots suggest self mutilation and suicide.
Founders Fund is not Founding Father no matter how hard Peter Thiel tries. The idealistic younger Jefferson turned into a leveraged CEO when he used his slaves as collateral for a loan.
Ordinary people can become extraordinarily rich on the backs of ordinary people. It's a story as old as the founding of our nation from European migrants.
Before Elon Musk, there was Jakob Fugger. Europeana reported:
The Fuggers were one of the most influential families of the era. Jakob 'the Rich' is considered one of the wealthiest individuals in history, with an estimated fortune equivalent to 400 billion euros today. With this great wealth came great power.Fugger owned mines, a currently hot area for investment. Who knows maybe an IPO or two would have gotten Jakob over the Elon mark?
One of Europe's wealthiest families, the Fuggers created kings, gave life to cities and led to a split within the Church.
Elon financed Trump II's return to the White House.
Musk's mother has Switzerland in her family tree while Fugger was German. While not related in kin, the two men shared a title of "richest man."
Due to the Fuggers’ industrial activities, people flocked to Schwaz, making it the largest mining metropolis in the world in the first half of the 16th century.
The population boomed, which meant that the parish church in Schwaz had to be enlarged. A brick wall in the central aisle was built to separate miners from wealthier individuals.The separation of the ordinary from the extraordinarily wealthy continues today in the houses of TechGods. Elon's home in Austin, Texas is gated. Austin allows 6 foot fences with setbacks. Elon built one more than twice that height on the property line.
The current 16.5-foot fence was installed sans (without the required) permit, an oversight from the property manager at the time of its installation.
A neighbor does not consider the property a home.
....slammed the property's use as security as opposed to a residence, alleging there is around-the-clock shift changes, employees coming and going from the property at all hours, excess trash cans and blockage of the roadway for staff coming and going on site. "They think they own the world," the gentleman said, adding the tall metal gate utilized as the employee entrance to the property better resembles a fortress and not a single-family residence.Remember the Virginia call in 1776 for justice, moderation, temperance, frugality, and virtue. It's nowhere to be seen in our world where politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren. Increasingly, more are one.
The neighbor chastised Musk for being guilty of building things and then asking for permission, and forgiveness, later.
That general warrants, whereby an officer or messenger may be commanded to search suspected places without evidence of a fact committed, or to seize any person or persons not named, or whose offense is not particularly described and supported by evidence, are grievous and oppressive and ought not to be granted.
TechGods tag teamed with Uncle Sam to turn our country into an endemic spying state. TechGods get the money while the government gets the information. They grieve and oppress us. Frankly, it's extraordinary in scale and scope, as is their wealth.
Elon and Peter, modern day brother Fuggers.
Friday, June 12, 2026
Bank of TechGods to Donate 2 Hours Community Service per Year
Erebor Bank, National Association (the “Bank”), is a de novo national bank chartered by the Office of the Comptroller of the Currency (“OCC”) and granted deposit insurance by the Federal Deposit Insurance Corporation on February 6, 2026. The Bank’s mission is to address gaps in the banking sector by developing banking products and services focused on serving the innovation economy on a national scale. The Bank is organized as a national banking association with its main office located in Columbus, Ohio and administrative offices in New York, New York and Newport Beach, California. The Bank will not operate any physical branches.As a federally insured depository institution, the Bank is subject to the Community Reinvestment Act (“CRA”). Enacted by Congress in 1977, the CRA requires regulated financial institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (“LMI”) neighborhoods, consistent with safe and sound operations. The OCC, as the Bank’s primary federal regulator, is responsible for assessing the Bank’s record of meeting its obligations under the CRA.1.2. Bank ProfileThe Bank’s products and services are focused on supporting the innovation economy including technology companies focused on virtual currencies, artificial intelligence, defense, and manufacturing as well as payment service providers, investment funds and trading firms (e.g., registered investment advisers, broker-dealers, proprietary trading firms, and futures commission merchants). The Bank also serves select individual consumers who work for, or invest, in such companies, and provide certain deposit and payment services to qualifying foreign banking organizations. The Bank offers credit products; deposit products; stablecoin-related services; and other services including data processing, treasury management, credit card issuance through bank-partnership arrangements, and payments services. The Bank does not provide any fiduciary custody activities.1.3. Commitment to CRAThe Bank is committed to supporting the credit and community development needs of its Assessment Area through community development loans and qualified investments, community development grants and donations, and community development services. These commitments reflect the goals and performance standards established in this Plan and will be carried out in a manner consistent with safe and sound banking practices and the objectives of the CRA.
Erebor Bank is not a retail institution and does not seek to serve the general consumer market. Its services are strictly curated for high-net-worth individuals, venture-backed startups, and institutional investors within the innovation economy. The bank targets a small number of relationship-dense, high-balance clients rather than pursuing mass-market scale. This selectivity allows relationship managers to provide high-touch service and technical underwriting that broader commercial banks cannot replicate.The primary sectors served by Erebor include defense technology, robotics, artificial intelligence, and advanced manufacturing. Potential clients often have complex operational needs, such as firms building AI-powered factories or aerospace companies conducting low-gravity pharmaceutical production. These firms frequently hold assets that traditional banks struggle to value, such as specialized machine tools for high-precision components or inventories of advanced AI chips.Additionally, the bank is a destination for virtual currency participants and crypto-native firms that require a regulated banking partner. Because the bank internalizes its blockchain capabilities, it can serve companies that need to settle payments on-chain or move treasury funds between fiat and digital asset rails without relying on third-party middleware. This makes it particularly relevant for founders and executives who are deeply integrated into the Web3 ecosystem but require the stability of an FDIC-insured national bank.
Erebor has offices in New York City and Newport Beach, California but those areas were left out of their community impact plans. Goals #1 and #2 relate to community development loans and assets.
Erebor also has a wholly owned subsidiary, Atticus Digital, Inc., which was merged into the bank structure at openingMany of Erebor's investors backed Atticus, which facilitated the combination like Elon combines companies.