Softening the Great Intrusions

Trump II brought the worst aspects of private equity underwriting (PEU) to light with his Presidential personal profit machine.  PEUs have long levered political contacts for gross monetary gains and government protection, especially in the tax arena.  However they did so quietly, behind the scenes.  

Their lobbying group even changed names from the Private Equity Growth Capital Council to the American Investment Council.  Private equity became man's "highest calling" and storied newspapers wrote of "policy making billionaires."  On this blog, I suggested otherwise.

Trump II's "blatantly obscene pilfering" is recast as "honest graft" by the Wall Street Journal.  Horse Hockey!  The Presidency isn't supposed to be a "deal makers make deal fees" job.

Trump rug-pulled his meme-coin followers, front ran key strategic decisions across multiple arenas and usurped powers the Supremes had yet to grant him.

All of Trump II's pardoned fraudsters together could not have come up with such a scheme.  

1.  Win a second presidency when you botched the first.  

2.  Do it all in the daylight with taxpayer money in an orgy of financial excess

3.  Conduct the scheme across currencies and using offshore vehicles

Brilliant, if you are Lex Luthor, Dr. Doom, Todd Blanche or Thanos.  

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one and that's why they won't lift a finger to stop Trump II's wealth engorgement army.  For all this, the little people suffer.

SPACEX to Pay Grimes County $20 million Annually in Lieu of Taxes

Grimes County negotiated an economic development agreement with SpaceX.  In return for 100% tax abatement SpaceX will:

After negotiation, a $10 million upfront payment and a fixed PILOT of $20 million per year for 35 years. 

There are provisions to protect the environment, requiring SpaceX to comply with all environmental laws, and provisions to protect water. They verified it is not their intention to use groundwater. Provisions to protect the grid, they will be providing their own electricity through power plants. In fact, they will be putting more energy, in excess of their needs, back onto the grid. Noise and light pollution were addressed.

NOTICE OF PUBLIC HEARING Grimes County, Texas The Commissioners Court of Grimes County, Texas, will convene in public session at its regularly scheduled meeting on June 3, 2026 at 9:00am at the Grimes County Commissioner Courtroom, located in the Grimes County Justice & Business Center, 270 FM 149 W., Anderson, Texas, at which the County Commissioners will consider approval of a property tax abatement agreement as described below. 

Name of property owner and applicant for the tax abatement agreement: 

Space Exploration Technologies Corp., a Texas corporation 1 Rocket Road, Starbase, Texas 78521 

Name and location of reinvestment zone in which property is located: 

SpaceX Reinvestment Zone No. 1 – 2026-001 will be located at the Gibbons Creek Reservoir and surrounding areas.

A general description of the nature of the improvements in the agreements is as follows: 

SpaceX proposes construction of a multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility, which would represent a transformative investment in domestic semiconductor manufacturing capacity. 

Estimated cost of improvements or repairs: 

Estimated capital investment for the initial phases is $55 billion, with an estimated total capital investment (if additional phases are constructed) of $119 billion.

During the June 3rd meeting:

Motion by Chad Mallett to Approve a Tax Abatement Agreement between Space Exploration Technologies Corp and Grimes County pursuant to Chapter 312 of the Texas Tax Code and allow County Judge as signatory. Seconded by Phillip Cox. 

Record vote: Commissioner Mallett-Yes Commissioner Tullos-No Commissioner Raska-Yes Commissioner Cox-Yes County Judge-Yes

In Favor: 4 Opposed: 1 Motion Passed

In the same meeting the Commissioners' Court moved and passed the following by the same 4-1 vote:

Discussion and action on approving a Section 381.004 Economic Development Program and Agreement between Space Exploration Technologies Corp. and Grimes County, Texas.

There was no specific information relative to the economic development program and agreement with SpaceX in the meeting background packet, nor was any presented during the meeting.  

Even local politicians love TechGods and their PEU (private equity underwriters) brethren.  Increasingly, more are one in our "self service" oriented world.

Trump II's Obscene Financial Engorgement

Trump II brought shypto to the New World and made an obscene fortune doing so.  His fleet of shypto ventures includes $TRUMP of DTTM Operations LLC & Celebration Cards.  The $TRUMP memecoin website states: 

CIC Digital LLC, an affiliate of The Trump Organization, and Fight Fight Fight LLC collectively own 80% of the Trump Cards, subject to a 3-year unlocking schedule. CIC Digital LLC and Celebration Cards LLC, the owner of Fight Fight Fight LLC, will receive trading revenue derived from trading activities of Trump Meme Cards.

Trump II launched $TRUMP just days before his inauguration.  He reported $635 million in income from the sale of his Trump meme coins 

World Liberty Financial provided even more, $800 million.  That included more than $520 million from crypto token sales and more than $250 million from the partial sale of his ownership in the World Liberty business.  World Liberty's disclosures include:

DT Marks DEFI LLC, an entity affiliated with Donald J. Trump and certain of his family members, owns approximately 38% of the equity interests in WLF Holdco LLC, which holds the only membership interest in World Liberty Financial LLC, a Florida limited liability company and developer of the WLF protocol and operates the WLF governance platform. WLF Holdco LLC holds all of the rights to net protocol revenues from the WLF protocol (other than net proceeds from the sale of $WLFI tokens) pursuant to the terms of agreements with World Liberty Financial LLC. None of Donald J. Trump, his family members or any director, officer or employee of Trump Organization or of DT Marks LLC is an officer, director or employee of, WLF Holdco LLC or World Liberty Financial LLC. DT Marks DEFI LLC along with certain family members of Donald J. Trump also holds 22.5 billion $WLFI tokens, and DT Marks DEFI LLC is entitled to receive fees from World Liberty Financial LLC pursuant to a service agreement, equal to 75% of $WLFI token sale proceeds after deduction of agreed reserves, expenses and other amounts. Any references to or quotes or imagery attributed to or associated with Donald J. Trump or his family members should not be construed as an endorsement or representation or warranty with respect to any product or service offering. $WLFI tokens and use of the WLF protocol and governance platform are initially offered and sold solely by World Liberty Financial LLC or its affiliates. WLF Holdco LLC, DT Marks DEFI LLC, World Liberty Financial LLC, the WLF protocol, the WLF governance platform and $WLFI tokens are not political or associated with any political campaign.

Shell companies, royalties and vanity offerings  -- all worthy of and fit for a King.   Christians who preach the prosperity/predatory gospel would grant this person deity status.

The Trump family made at least $2.3 ​billion from crypto-related projects since Trump returned to the White House in 2025.

Trump II ceaselessly shatters tenants of leadership while trashing Christ's gospel teachings.  The Digital Caligula marches on, usurping all in his path.

Update:  CNN's Erin Burnett reported:

Former Trump White House lawyer Ty Cobb on Trump earning over $1 billion last year from crypto ventures: “We are seeing the greatest onslaught of corruption in the history of mankind.”

Cobb's statement brings my AI art adjustments to life.

My wise friend noted:

Everything's broken. Trump is a kleptomaniac with the flare for ARSON. 

DC's burning. Both parties are to blame. Truly sick   And they laugh it off all the way to the bank

Trump's language of excess for the other's minor action is contrasted by his minimization of his gross schemes.  We used to call these people dicks and a prior management mantra was "no assholes."  Today they are everywhere and travel in packs (as an entourage).  

"Sponey is Meech" According to the Supremes

The PEU-ization of America has been furthered by the U.S. Supreme Court, hereafter referred to as the Supremes.  Campaign finance restrictions continue to come down as "money is speech."  

Former private equity underwriter (PEU) J.D. Vance (Narya Capital & Mithril Capital Management) helped bring the campaign finance lawsuit in 2022 when he was a member of the Senate.  

The 2024 election saw TechGod Elon Musk spend over $290 million to get his favored candidates elected.

The Carlyle Group located in Washington, D.C. in 1987 to access Uncle Sam's wallet and lever their political contacts for preferential treatment across the board.  Carlyle was legendary for hiring former government officials would could lobby their contacts without officially being a lobbyist.  TechGods have recently copied Carlyle in this regard.  

Carlyle hired the former General Counsel for the CIA as it launched a new defense fund, Carlyle Defense and Reindustrialization Partners, based in Luxembourg.  

The Supremes "money as speech" does not have an elevating history in the U.S.  Thomas Jefferson drafted the Declaration of Independence as a young man.  The elder version used his slaves for collateral for a loan, when he had access to riches from the estate of a dear friend.  The one condition for Jefferson to access the proceeds?  Free his slaves.  

Founding Father Jefferson borrowed money so he could keep his slaves, even using them as a seizable asset to garner the loan.  That's a suppression of freedom for the "lesser people" of that time as slaves counted as one third of a person.

Speech is speech.  Money is money.  Conflating the two seems to be a form of garbage, which is currently widespread at the ruling class level.  

Speech is money bolsters the current power structure where politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one and for that the common person suffers.

Vivek's Irrevocable Virtuous Pettiness

Vivek Ramawsamy, Ohio candidate for Governor for the Red Team, suggested all Ohioans should revel in his obscene wealth, even those struggling to get by.  

If you are not for his absurd wealth then you are worthy of derision as you are simply jealous, bitter and/or envious.  

Vivek is running to keep Ohioans paying billions to TechGod companies in economic development incentives.  Ramaswamy was in line to co-head DOGE (which I've renamed DOUGEBAG) but we know the billionaire boys, like their political sponsor Trump II, do not play well with others.

Here's what struggling Ohioans don't know and don't care about, Vivek's litany of shell companies as revealed by Strive SEC filings.

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Cicero, who wrote De Officiis, the treatise on virtue, noted:

… [L]et those who are to preside over the state obey two precepts of Plato, — one, that they so watch for the well-being of their fellow-citizens that they have reference to it in whatever they do, forgetting their own private interests; the other, that they care for the whole body politic, and not, while they watch over a portion of it, neglect other portions. For, as the guardianship of a minor, so the administration of the state is to be conducted for the benefit, not of those to whom it is intrusted, but of those who are intrusted to their care. -- Marcus Tullius Cicero

A virtuous Ramaswamy would want all the Epstein files released so as to ascertain the treatment of minors under the sexual predator's control.  I doubt Cicero would endorse a candidate insulting the very public he wishes to serve. 

Who isn't pushing their own book in the age of Trump II?  And what politician is not helping them?

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasing more are one, a position envied by Ramaswamy.  

Update 6-30-26:  Apparently TechGods weren't despizable enough for making kajillions off the federal government while paying little to no taxes.  That's one benefit of being a billionaire libertarian.  TechGods went "all in" on the political Red Team and the Reds have the gods' back.  

The Reds are calling anyone concerned about a system that funnels even more money to people already obscenely wealthy "envious", "impotent" and a member of a "cult."  Lovely.  

Trump II's Regurgance

Trump usurped the broad swath of the Christian religion with his Religious Liberty Commission, comprised mostly of conservative Christians.  The Daily Beast reported:

President Donald Trump declared that his second term has sparked a “tremendous resurgence” of religion in America.

When times turn difficult and dark, many people turn to faith.  

These are times where very few corners of our society emit any light at all.  Private equity underwriters (PEU) and TechGods have turned the economy into obscene wealth generating platforms for themselves, ably aided by compliant and subservient elected officials, as well as "prosperity gospel" churches.

America has been transformed into an operating model for investors and lenders, complete with government funding, preferred taxation, backstopped lending and regulatory forbearance.  

One just need please the king, the pope, the healer, world ruler or whoever he envisions himself the day of supplication.  

One of the least recognizable followers of Christ's teachings is claiming he brought on the religious renewal.  He is partly right.  His darkness, cruelty, violence and overall dickishness has turned many to God and his Son,  

I expect many more will do so in the future because Trump's spiritual hole is gaping and he will ceaselessly try to fill it with anything that glimmers, money, investments, buildings, women, food, precious metals, golf, medals, awards, prizes....

Trump II is as earthy as it gets.  He will continue to accumulate spoils like no other.  However, all his riches will remain on this plane when God calls him home.  Until then, the accumulation game is full on.  Beware the overeating.

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

Update 6-30-26:  Moneychanger Trump II's meme-coin traded at this price a number of times over the last few days:

Trump's attacks at the Pope boosted the pontiff's reputation/image.  It has not done the same for his $TRUMP meme-coin.

Dominari: Three Auditors for Three Fiscal Years

A Dominari SEC filing reported  

...on April 25, 2025, Marcum LLP was dismissed, and CBIZ CPAs was appointed as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2025. 

On June 24, 2026, Dominari Holdings Inc. (the “Company”), with the approval of the audit committee of the board of directors of the Company (the “Audit Committee”), dismissed CBIZ CPAs P.C. (“CBIZ CPAs”) as the Company’s independent registered public accounting firm. 

On June 24, 2026, the Company engaged Grassi & Co., CPAs, P.C. (“Grassi”) to serve as its independent registered public accounting firm for the fiscal year ending December 31, 2026.

For fiscal year ended December 2024 Dominari used Marcum as its public accounting firm,  It shifted to CBIZ in 2025 (after CBIZ acquired Marcum in late 2024) and then to Grassi for 2026.  

A rotating auditor roulette wheel can sometimes be a red flag for forensic auditors and investors.  A financial bear hug with Trump boys can also signal potential malfeasance.  Time and actual whistleblowers may shed further light on these developments.  Then again, they may not.  

Malfeasance and mendacity are now strategic imperatives, according to private equity underwriter (PEU) and junior TechGod Vice President J.D. Vance.  Vance said Watergate today would be an eight hour story.  

Is that because J.D.'s boss orders people to commit crimes all the time, ones far deeper in complexity and longevity?  A yes answer would not surprise me.  

J.D. is also from the TechGod class whose "automation" facilitated crimes against children (social media) and regularly commit moving violations with legal immunity (robotaxis).   Their algorithms steered kids to violence, self harm and suicide.  And TechGods want to broaden their legal immunity

Politicians Red a& Blue love PEU and their new TechGod brethren.  Increasingly, more are one and it behooves this alignment if the cops on the beat are dismissed, coopted, intimidated, given no authority and no assignments.  

It feels like the U.S. is rapidly approaching the complete subjugation of law enforcement to the insider class.  That is distinctly un-American (in theory) and uniquely American (in practice).