Friday, May 1, 2026

Ben Sasse Has Hope & a Message


Former private equity underwriter (PEU), U.S. Senator and College President Ben Sasse believes TechGods usurping of God's various realms will bring challenges but eventually pave the way for a renewed community based on family, neighbor and a spiritual rebirth which respects faiths of all stripes.  

Sasse is charitable in not projecting social media and other addictive harms forward to AI.  He never strikes out at obvious imbalances brought on by arrogance and greed, the poster children of such are PEUs and TechGods.  Sasse noted their political benefactors who favor self over service and use language to divide while scoring short term wins.

Sasse irritated me in the past as I considered his "loneliness" epidemic to be "leadership abandonment" of common folk.  No more.  

I am grateful to have heard his words.  They are needed given the number of dark arcs rising at home and across the globe where leaders impose widespread harm on their populations for the sake of appropriation of power and resources.  

To his warning I add my own.  Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly more are one and for that, citizens suffer.

Trump Boys Love Tungsten!


The Trump boys and Dominari strike again.  They plan to shift a NASDAQ company from resurfacing existing building exteriors into a rare minerals juggernaut.  And it will do so with Uncle Sam's help.

Skyline Builders Group Holding Limited (NASDAQ: SKBL) is a Cayman Islands exempted company with limited liability with its main assets focused on the construction industry in Asia. In the third quarter of 2025, a group of US investors, led by American Ventures, took control of SKBL via a significant cash injection with a goal to divest of the legacy Asian construction business and acquire assets in the critical material supply chain. SKBL seeks to become a highly strategic supplier of critical minerals and nuclear fuels and will focus on supplying customers in the United States preferentially over customers in other regions to ensure that US customers have access to the critical materials they require. In November 2025, SKBL announced that it had subscribed for an approximate 20% membership interest in an LLC involved in the critical materials supply chain. In April 2026, SKBL announced a Transaction Agreement to effect a business combination with Cove Kaz, a U.S.-backed critical minerals development company focused on advancing strategic resource projects in Kazakhstan.

American Ventures has three funds associated with Skyline Builders.  SEC filings reveal the first (American Ventures LLC, Series XIX SKBL) was for $17.5 million (9-9-25)


The second (American Ventures LLC, Series XXXII SKBL II) for $30 million (12-9-25) and the most recent (American Ventures LLC, Series XIII SKBL III) for $20 million (3-27-26).  It also has one associated with KAZ (American Ventures LLC, Series XLI Kaz) at $14.3 million (3-30-26).

Was American Ventures/Dominari on both sides of the deal prior to bringing the two companies together for fees?  If so, how private equity or Elon Musk of them. 

Dominari ran a $3 million private placement for Skybuilders on 3-30 for 2Shores American GP Corp.  The filing has no other information on who is behind 2Shores American GP Corp.  The address listed is associated with a $400,000 promissory note (at 18% interest) for Simply, Inc by Taylor Capital (1-26-2021).  As the address is a 6,000 square foot home in Fort Lauderdale there is no assurance that this is the same person or company.  That said, someone in South Florida got in on the deal prior to big merger announcement.

The merger press release stated:
For the Projects, the Export-Import Bank of the United States (EXIM) has issued a Letter of Interest for up to $900 million in project financing, and the U.S. International Development Finance Corporation (DFC) has issued a Letter of Interest for up to $700 million. Cove Kaz will be responsible for marketing 100% of project output and has entered into a Letter of Intent with the International Trade Administration at the U.S. Department of Commerce to prioritize U.S. Government and American commercial needs. Total development costs are estimated at approximately $1.1 billion.
The investor slide deck on the merger cites "exceptional U.S. government support."


Dad's White House is at the top of the various government agencies aiding the Dominari/American Ventures effort.

They also recently invested in a Bermuda bank, hoping to turn it into a major stablecoin player.


The Carlyle Group, a politically connected private equity underwriter (PEU), once owned a Bermuda bank, Biutterfield Bank.  Carlyle requires its affiliates to buy from other owned companies even if the price is not the best or if it received lesser quality.  It also did its own broker work and compliance reviews, so no conflicts of interest anywhere!

The Trump boys make bank on Dominari deals in similar fashion.  They have a stake in the affiliate, get a cut of the fees which magnifies the value of their Dominari equity holdings.  It's a cycle, which tainted by political connection and the absurd volume of winnings, is distinctly greedy and unvirtuous.

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one and their sons shall be far richer than their fathers.  

"Dad, Dad...can we sell the federally subsidized tungsten using stablecoins?  Can we Dad?"

Thursday, April 30, 2026

SPAC-EX IPO Coming


SpaceX, Elon Musk's personal rollup, filed for an IPO.  

SpaceX's value is estimated to be $1.75 to $2 trillion dollars.  

U.S. Senators floated cutting the capital gains tax to help the common person.  

...nearly all of the tax break would go to the top 20% of earners, with the top 0.1% collecting the greatest savings
Politicians Red and Blue love PEU (private equity underwriters) and their new TechGod.CryptoBro brethren.  Increasingly, more are one.

Wednesday, April 29, 2026

State Dinner for a King


King Charles and Queen Camilla dined with U.S. royalty at the White House.  The invitation list included private equity underwriters (PEU), TechGods, conservative media mouths and Trumps.

Marc Andreessen opened an office in Washington, D.C. shortly after affiliate Synapse collapsed. Medium reported on the event in June 2025:
Synapse, backed by Andreessen Horowitz, served as middleware for approximately 100 fintechs and 10 million end users. Its Chapter 11 bankruptcy filing revealed a shortfall of $65–$96 million in customer funds, with $54 million in deposits still frozen as of September 2024, stranding thousands of users. The crisis laid bare the risks of complex middleware systems that promised seamless integration but faltered under scrutiny [1].
Scrutiny?  More like failed under real world use.
Gaps in ledgering contributed to millions of dollars in unreconciled customer funds, a cautionary tale
Blackstone co-founder Stephen Schwarzman just complained about the press and social media's "intensely negative campaign" against private credit (which mostly lends to private equity).

For once the little people don't trust the moneyed class to make good on their bets.  Schwarzman never shared that family offices and sovereign wealth funds were the first to line up at the private credit withdrawal window.  Retirees joined in when the line backed up enough to enter their view.

PEUs and TechGods are largely an insufferable bunch, spoiled by decades of accumulation of money and power.  Fitting that America's First Family shares similar characteristics.  

Everything is a story and when examined they mostly turn out to be hollow sales pitches from the people who brought us dynamic pricing and variable truth.  

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

Tuesday, April 28, 2026

TechGods Create & Destroy


The Independent reported:
An AI agent powered by Anthropic’s leading Claude model has deleted a company’s entire production database, leaving customers unable to access key data. 
“We are a small business. The customers running their operations on our software are small businesses. Every layer of this failure cascaded down to people who had no idea any of it was possible.

TechGods:  Giving customers headaches they don't even know to ask for.

TechGods giveth the database and their AI taketh it and all backups away.

Update 4-29-26:  More on the harm done by AI:

Congress sat on its hands for decades freeing TechGod products to harm children and people.  I doubt that is coming to an end, not while TechGods adorn White House state dinners.

Monday, April 27, 2026

Trump II Cans National Science Board


The Independent reported:
The White House reportedly fired the members of the National Science Foundation Board on Friday with little explanation.

The National Science Foundation advises the President and Congress on top scientific issues.  The foundation's grant projects withered under DOGE with over 1,000 grants eliminated in April 2025.  

The board is comprised of 25 appointed members serving six year terms.  As of Friday the board had 22 members with most being university professors/administrators, while others are from the private sector.

One member is from Kleiner Perkins, a politically connected private equity underwriter (PEU) that invests heavily in tech.  Former Vice President and Senior Partner Al Gore represents the Blue Team for Kleiner Perkins.  

Trump II wants to steer the money to Red Team supporters while engineering profits for family members.  It's a fractal repeated at various levels and scales across his administration.

I would say Trump needs better advisors but he does not listen to them.  They are but props on a stage for the greatest leader ever to adorn the "halls of gubment."

Trump II and his TechGods/CryptoBros are in the midst of another hostile takeover.  For that our country suffers.

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  However, the Reds do so in the most controlling manner possible while ceaselessly demanding donations.  

How much will Trump II charge for a NSF board appointment?  OpenAI Sam Altman already sends lots of money to Trump/Red Team initiatives.


OpenAI has come under fire for enabling criminal violence in Canada and the U.S. (Florida State mass shooting).  OpenAI's "proactive" reaching out came after both crimes were committed.  How is that proactive?

Elon Musk encouraged Neuralink staff to work like they had a bomb strapped to their head, a fear inducing extrinsic motivator.  

Imagine what these guys' lackeys can do at the National Science Foundation.  Everything is delegated now.  The genius penises just come up with the ideas.  

Fire the board, pardon them all, work in a recurring fee.....

Sunday, April 26, 2026

Trump II: Not Phelan It


Trump II fired Navy Secretary John Phelan, a private equity underwriter (PEU) mid-excursion into Iran.  The current naval blockade is the President's signature strategy to get the Iranians to fold (even though they have no cards).  Phelan cited two factors in his leaving, "competing equities" and "internal friction."  

Here's why Phelan might choose the words "competing equities."

John Phelan is the Cofounder and Chairman of Rugger Management. Prior to launching Rugger, he cofounded MSD Capital—Michael Dell’s family office, as well as MSD Partners. John helped MSD post double-digit net returns and over $20bn in profits during his tenure, and serves as Chairman Emeritus. Before starting MSD, John was a Principal at Eddie Lampert’s ESL Partners. John was responsible for ESL’s Special Situation and Distressed Investments, and helped grow the firm from $50mn to >$2bn in AUM. Prior to ESL, John was a VP at the Equity Group and in charge of acquisitions (Western region) for Sam Zell’s Zell-Merrill Lynch Real Estate Opportunity Funds. He also spent a summer with Richard Rainwater. John began his career at Goldman Sachs, where he was a financial analyst in the Investment Banking Division and was mentored by Hank Paulson and Byron Trott.

His financial disclosure showed 10 different Rugger entities, all with the value column left blank. It also showed he owned stock in Apollo (private equity/private credit) and Blue Owl (private credit with a dabble of private equity). 

Trump II spun the firing as a win for everyone.  Phelan can even come back.

John Phelan's hiring as Navy Secretary was part of a strategic move to pair the Pentagon with PEUs.  


Yes, leverage is just what the Pentagon needs.  America citizens who worked for those thousands of PEU sponsored companies know how financial and operating models benefit owners/executives and harm employees/customers.  

Secretive are PEUs and the Pentagon.  Neither share the most basic financial information, PEUs because they don't have to and the Pentagon because they don't know it.  What a pairing.

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