Trump Frees Santos - Former Digital PEU from Prison

Trump released from prison the comically inept criminal & former Congressman George Santos of the political Red Team.  It's part of the Trump II "Just Us" creeps, imbeciles and bullies "All In - All of the Time" program.  

Prior to his election to Congress Santos was a digital private equity underwriter with Harbor Capital.

Santos is just the man to help 401(k) retirement account holders invest in private equity and cryptocurrencies, a signature Trump II, the digital Caligula, push.  

I imagine George will land somewhere around Mar-a-Lago where the new MAGA financial center is metastasizing.

Politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one.  It's a grand time to be in charge for the taking is unfettered. 

Politics is an insufficient way to explain our world, given its ever shifting sands, serial mistruths and mind numbing double standards.  Trump II's freeing of George, the ethical black hole, should be viewed in that light.

NewsMax Goes for Trump Meme-coin

Newsmax reported on the company's planned crypto treasury:

Newsmax also plans to add official Trump Coin to its strategic crypto reserve. The popular meme coin was launched earlier this year by President Trump and the circulating coin value exceeds $1.2 billion today with a total coin market value of around $6 billion, according to figures from Coinbase. 

"Bitcoin is fast becoming the gold standard of cryptocurrency, and we believe it would be an important company marker to add this asset to our company reserves," Newsmax CEO Christopher Ruddy said. 

"We are also excited to add Trump Coin to our cryptocurrency plan, as we believe the coin's value should track the success of the Trump presidency, which so far has been impressive," Ruddy continued. 

After making such a purchase, Newsmax expects to be the first NYSE company to purchase Trump Coin.

NewsMax's Board might not be the sharpest given the poor performance of the Trump meme coin after its initial pop (to $46).   Trump's cryptobro dinner ran the meme coin from $7.50 to $15 in May but its value has gone down since.  That decline occurred with Trump II, the digital Caligula, in the White House.

Newsmax has a 10 percent owner that is a Qatari Sultan with a London based investment firm.  Middle East monarchs are used to buying influence and Trump II is used to selling it.  

President Donald Trump and his family are taking part in self-dealing cryptocurrency schemes and right-wing media are mostly fine with it.

Fine might not be the correct word for Newsmax pumping money into "DT Marks DEFI LLC, an entity affiliated with Donald J Trump and certain of his family members."

It's a match made in a very special hellhole, the darkest black where ethical light can only be absorbed and not reflected.  

Update:  There is no pop in Trump meme coin after the Newsmax announcement.  The coin is currently trading at $5.90.  

Update 10-17-25:  Trump meme-coin trades at $5.76 after going as low as $5.64 overnight.  Trump II recently said "Newsmax is doing a very fine job."  Yes, buying a declining asset so an entity affiliated with Donald J. Trump can make even more than the $1 billion in crypto profits cited by Eric recently.

WideOpenAI's CHATXXX Expects Christmas Debut

It's coming in December warned Bloomberg.  The new AI de-evolution-  AH, artificial horniness - is marketed as erotic content for the purpose of selling ads.  

You might ask yourself "is this OpenAI's duty to humanity?  Hardly.

My wise friend wrote:

Yay decay because the boys make hay in a degenerate economy. 

At least the peep shows in New York City were contained to a certain area. Our kids are going to be so screwed up but at least somebody's making money off them, right....

Dongs up.  Cash flow up.  Intelligence & birth rates down.

I get to pay more for electricity to power the national porn addiction?  Where's Congress when you need them?  "Up the TechGods' rectums," also the name of a new AH WideOpenAI CHATXXX video.

Polticians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more are one and together they are milking our national spirit as well as pocketbook (just like porn).

Hey Congress, GET BACK TO WORK!  Otherwise the Capital may get rented out for CHATXXX freakoffs.  

Alternative Investments, OK for 401(k)

Retirees face more choices in how to invest their 401(k) retirement funds and Congress is doing its part to anchor Trump II, the digital Caligula's executive order granting "access to alternative assets."

You have to have real income to open a new 401(k) or add to an existing one.  Those lacking sufficient income may even be robbing their 401(k) for today's living expenses. 

I shared this with my wise friend regarding local conditions in West Texas:  

Combine the plight of farmers with a dead oil field and many people are struggling to get by. Meanwhile the poorly paid city workers get to pay more for their crappier health insurance coverage. The old bottom plan is now the "buy up" plan.

My wise friend wrote:

You have to earn real income in an inflationary market while they live on a valuation in a money losing enterprise with a bubble valuation . Seems like a good system, no? LOL. We have the Private Equity Model of removing standard of living for the workers to build the sponsor's net worth. Welcome to the new plantation, same as the old plantation. Just be thankful you didn't have to forcibly contribute your 401K into their alternatives, at least not yet.

As stated before, out here oil and cotton are king.  Here's the five year picture for both commodities:

Both are well below peak prices and recent averages.  With operating costs rising rapidly in the farm belt I'm sure cotton margins are way down.  

Neighbors talk about the lack of work in the oil field and how quiet things are.  Drilling is nearly nonexistent as oil field yard after yard have parked equipment.  

Access to alternatives may not be a boon for those in the financially destroyed category.  Those with ample resources may already have a smattering of alternative investments outside their retirement account.  I'm sure some 401(k) holders are thrilled with the opportunity to invest in private equity, private credit, venture capital, hedge funds, crypto, real estate and commodities.  

Be sure to remember who took care of the investment sellers and left struggling people without a lifeline.  That could change when Congress reconvenes but I doubt it.

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more are one and it's clear they are about self service.

Update 10-16-25:  Trump doubled the Argentina bailout to $40 billion while farmers suffer from Milei's soybean deal with China.

Economy Pinches another Billionaire

The billionaires just keep winning.  Fortune reported on a new member of the club.

On Tuesday, the New York Stock Exchange’s parent company, Intercontinental Exchange, invested $2 billion cash in Polymarket, skyrocketing the company’s valuation to $9 billion post investment and making CEO and founder Coplan a billionaire at the age of 27, according to the Bloomberg Billionaire Index.

Also benefiting from the massive valuation rise - Peter Thiel and his Founders Fund which led a $150 million round that valued Polymarket at $1.2 billion earlier this year.  

That's a 666% increase in less than a year for Thiel.  

That number is appropriate given Thiel's recent focus on the antichrist, which could be any person or group that challenges a TechGod's ability to harm people, purloin information, surveil the workplace/society and endlessly enrich themselves with no concern for any social obligations, like taxes. 

Polymarket is a betting site, pure and simple, and for most an unprofitable one.

To sum up, the parent company of the NYSE put $2 billion into a site that takes most people's money.  The investment made a new billionaire and an existing billionaire even richer.  And they pretend this is knowledge generation.  

A knowledgeable generation would stay away from Polymarket and its extrinsic titillation. 
Think of B.F. Skinner's rat and the bar.  Only 12.7% of the time the rat gets the pellet.  87.3% of the time it gets shocked.  That's a lot of Poly-losers.

Staying away from Polymarket is required in order to sustain one's intrinsic cognition/learning skills.  The company will not tell you that as they fleece your wallet.  

PEU Kids Have Big Week

Don Trump Jr. and Alexa Rachlin Rubenstein made the news.  Don Jr. of 1789 Capital was the subject of another reprehensible story involving the beleaguered Scott Bessent, whose lips must be worn out from his ceaseless Trump II butt kissing.  

Fresh from saving Trump II's Quasimodo like economic twin, Argentinian President Javier Millei, with a $20 billion currency lifeline, Bessent has to deal with sleazy promises made by the President's elder son.  Don Jr. is a partner with 1789 Capital, a private equity underwriter (PEU).  

Don Jr.'s PEU firm approached America's TechGods for yet another cash infusion.  Surely, these people have a limit.  It's been nine months since Trump II's inauguration and the administration and family have perpetually had their hand out, expecting $ millions a pop.

The new financial center is around Mar-a-lago and that brings us to Alexa Rachline Rubenstein of West Palm Beach.  Alexa's father is PEU legend David Rubenstein, co-founder of The Carlyle Group and founder of Declaration Partners, which has roots as his family office.  Declaration birthed Hobe Mountain Capital, which will focus on buying and selling PEU secondary offerings.  

How many secondaries came from Declaration itself?  If any, that doesn't sound like an arm's length deal at all given father and daughter would have gotten together to decide the marks.

These two stories are but markers along the way.  Politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one and their sons (as well as daughters) are slated to become far richer than their fathers. It's a grand time to be in charge for the taking is unfettered.

Update 10-16-25:  Trump doubled the Argentina bailout to $40 billion while farmers suffer from Milei's soybean deal with China.

Raistone, Synapse: Fintechs with Vanishing Funds

Reuters reported:

Trade finance company Raistone, a creditor of First Brands, asked a court on Wednesday to appoint an independent examiner, claiming that as much as $2.3 billion "simply vanished" from the bankrupt U.S. auto parts supplier.  

First Brands had earlier appointed a special committee of independent directors to probe its off-balance-sheet financing and whether invoices were factored more than once.

Raistone provides factoring services, buys accounts receivable at a discount, and helped First Brands with its balance sheet.  Thus, it had a key role in First Union's problem areas that led to its collapse.

First Union believed it had an unpaid $2.3 billion hole on its balance sheet related to third-party factoring arrangements when it filed for Chapter 11 proceedings. Factoring is a financing method used by companies to sell outstanding customer invoices to investors in return for cash. 

First Brands collected roughly $1.9 billion of factored receivables without remitting it to the proper owners, according to the filing.

Fintech Raistone's announcing significant missing funds follows fellow fintech Synapse, which lost up to $96 million in customer money while pretending to be have FDIC coverage.

Raistone's pitch includes:

Raistone enables the financing of billions of dollars in transactions every year. Its best-in-class technology coupled with unparalleled access to institutional capital extends financing to companies of all sizes, fully integrated with the same software platforms they already use. As the world's largest business-to-business embedded finance provider, Raistone works to ensure that all businesses have access to their money, on their terms.

Does that include businesses doing unethical things to illegally lever money "on their terms"?  You'd think credible technology and creditor due diligence could ferret that out.

The Synapse debacle remains unresolved to this day after TechGod Marc Andreessen walked away from its stinking carcass.  Raistone does not yet belong in in Synapse's category, as much forensic financial work remains to be done.  Fintechs and missing money, is it a series of one off events or a potential pattern?  

If Raistone becomes the next Synapse will its "full-service broker dealer, $30 billion family office, a $900 billion wealth manager, and international bank" backers walk away like Andreessen?  

Gaza Peace: It's Here! Sniff, Sniff....

Trump II, the digital Caligula, declared a new "golden age of the Middle East" before the Israeli Knesset.  Thank the Lord for the release of hostages and the cessation of the Gaza War.  This joyous day should stand alone given its relief for so many and the potential to create better societies for everyone.

However, it's important to remember who negotiated the peace deal, Affinity Partners founder Jared Kushner and Steve Whitkoff, "one part developer, one part investor and one part landscape-changer."  A private equity underwriter (PEU) and real estate magnate aligned Middle East monarchies to strike a grand deal.  

Gaza peace will go from PEU negotiated to PEU overseen.  That's the odd odor emanating from the soon to be signed sheets of paper

Trump the Obliterator is now Trump the Savior.  Ask the greed and leverage boys, now putting big money to work in the region.

Dubai is the perfect home for PEUs, VCs and hedge funds.

No regulatory capital required and access to Future District Funds.  Sweet!  

Why are Middle Eastern monarchs attracting VC and PEU firms and their associated digital/tech sectors?  They want the latest high tech toys to monitor and control their citizenry.  They crave the latest in war fighting technology as at least one revered monarch in their lineage rose to power via violence and they need to defend their crown against internal/external threats. 

TechGods and PEUs want a role in the rebuilding and as major contractors to governments throughout the region.  TechGods cut their teeth on creative destruction and creating workforce surveillance states.  PEUs became legendary via nonlobbying political connections and tapping Uncle Sam's wallet.  Combine these predilections/skillsets and one can see where the "golden age of the Middle East" is going.  

People will have the freedom to line up squarely in support of the monarch.  Anything otherwise will result in the loss of freedom.  And yes, it will be a very profitable freedom for a select few.

Media Consolidation Rally Cry!

The brutal declothing of Vice President and Junior TechGod J.D. Vance by George Stephanopolous ended with Vance trying to get in the last word.  He punctuated "No, No George" before his microphone was cut off.  The transcript failed to include Vance's punch back attempt.

This should serve as a rallying cry for TechGods and private equity underwriters (PEU) to further consolidate the media landscape so such indignities to one of their own never occurs again and retaliation be enacted (yet another lawsuit, firing, etc.).

TechGods Peter Thiel and Elon Musk expect their views of the world to become universal and widespread.  AI combined with media mergers can accelerate their plans.  

Thiel has been lecturing about the antichrist to those willing to pay $200 and promise not to record anything during the sessions.  His version of the antichrist is anything or anyone impeding the TechGod "liability free" takeover of societies around the globe. 

As only fate can provide, a recent image of Trump II shows him with devil horns. 

 

The Book of Daniel states in Chapter 7, Verse 20:

19. “Then I wanted to know the meaning of the fourth beast, which was different from all the others and most terrifying, with its iron teeth and bronze claws—the beast that crushed and devoured its victims and trampled underfoot whatever was left. 

20.  And I wanted to know about the other horn that grew up later. It caused three of the ten horns to fall out. It appeared to be stronger than the others. It had eyes. And its mouth was always bragging.

AI is the beast that tramples underfoot, that which is left from damage done by social media.  The horn with the mouth that is always bragging?  That may well be the person whose behavior displays no discernable following of Christ's gospel despite his annual speeches at the National Prayer Breakfast.  

Warriors need a war cry and TechGods have a new one in defense of one of their own.  "No, No George!...No, No George!....No. No George."  Storm the media via ownership.  Rally the billionaire checkbooks!

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one and their sons are slated to become far richer than their fathers.  It's a grand time to be in charge for the taking is unfettered.

Politics is an insufficient way to explain our world, given its ever shifting sands, serial mistruths and mind numbing double standards.  That's what George Stephanopoulos revealed in this morning's interview with VP and former Peter Thiel apprentice J.D. Vance. 

Go George Go!

Update 10-13-25:  John Oliver noted same:

Steve Schmidt of The Warning cheered on George as well.

Book of Days for Dominari & Trump Boys

Trump II is not slowing down in his drive to achieve a net worth of $200 billion by January 2029 and neither are his boys.  

Barron has been floated as a possible Tik Tok USA board member.  Don Jr. and Eric add a new crypto venture almost weekly.  The latest comes  via Dominari Holdings, where both men sit on the board of advisors (alongside other Trump Organization executives) and have huge stakes in another Dominari investment, American Bitcoin.  

Dominari celebrated its approval as a NYSE limited underwriting member on Thursday.  Today it added another crypto venture to its stable.

Bloomberg Law noted:

American Ventures, of which Dominari Holdings is the majority member, also made a strategic investment in Hemi blockchain.

Coindesk reported:

The joint venture between Dominari and Hemi will allow institutions to invest in BTC-centric markets via the HEMI token. 

As part of the joint venture American Ventures LLC, of which Dominari is a member, made an undisclosed investment in the Hemispheres Foundation, the principal stewards of the Hemi project. 

Hemi's goal is to transform the possibilities for decentralized finance (DeFi) on Bitcoin by unifying it with Ethereum into a single "supernetwork".

If Bitcoin is killer on its own and Ethereum rules too, what could be better than a combo?

Hemi is building infrastructure to make Bitcoin more compatible with DeFi, thus harnessing its $2.4 trillion market cap for the betterment of the wider digital asset industry.

A bankable combo.  Step right up to American Ventures LLC Series XXIII Hemi.  

Trump + Crypto + DeFi + 110 Front Street, Suite 300, Jupiter, Florida - Real Bank = Huh?

Who the heck knows as that address is a co-location office, renting virtual and real space as small as a desk and phone.

Ring... ring...  "Hello you've reached Suite 300.  For Total Life Learning press 1, CooperRx Strategy press 2, Regus Virtual Offices press 3 or American Ventures LLC press 4?"

My wise friend commented on the NYSE portion of the story: 

They built a desert for us and created an oasis for themselves. Because they were debanked, LOL    

KLEPTO NOSTRO - A new model of government where every avenue of rent seeking through extortionary measures creates flow for the shakedown artists known as the Trump family.  

Please sweet Jesus,  Take Me Already!

It's strange to see so much material focused on image vs. substance but that is the current way of our world.  If Jesus were here I'm pretty sure he would flip tables of digital coin hawkers, call out Trump II who speaks of faith at the National Prayer Breakfast while never mentioning Christ's name and tell Peter to re-sheathe his knife, lest that stir the National Guard.

Unfortunately there's a different Peter who has Trump and the economic world's attention, the "live forever on this earthly plane" version.  

TechGod Peter Thiel's recent lectures appear to mark an intensification of his anti-christ ideology and attempt to pitch it on a grander scale. The recordings offer new detail about how the billionaire seems to place those who would critique or regulate tech developers into a religious good-vs.-evil worldview, where the future of all creation depends on giving innovators free rein.

The Guardian reported: 

Thiel believes the harbinger of the end of the world could already be in our midst and that things such as international agencies, environmentalism and guardrails on technology could quicken its rise.

He said that international financial bodies, which make it more difficult for people to shelter their wealth in tax havens, are one sign the antichrist may be amassing power and hastening Armageddon, saying: “It’s become quite difficult to hide one’s money.”

And they shall turn their brains over to AI, beat their swords into autonomous weapons and unsign The Giving Pledge.  TechGods have now usurped Revelations and intend to use it to herd the masses while manipulating the economic and political levers of power, as their PEU forefathers did before them.  

There once was a custom where people viewed paying their fair share in taxes as an important responsibility.  No more.  In the olden days government stepped in when businesses caused widespread harm and instituted regulations to keep workers, citizens, children and communities safe.  That's gone.  Long ago, money was money and a man's word was his bond.  This too, fell away.

How did it happen?  Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one and their sons are slated to become far richer than their fathers.  It's a grand time to be in charge for the taking is unfettered.

Update:  Local pastors pointed out Trump II's complete disconnection from Christ's teachings prior to his re-election.  Yet Peter Thiel thinks the "anti-Christ" will be some force that prevents TechGods from exercising free reign over all of society while tapping Uncle Sam's wallet for $ billions more than the grossly obscene amounts they've already purloined by subjecting the people who use their products to regular harm.  Thiel is a live forever creep imported from South Africa, like other major TechGods, Elon Musk and David Sacks.

Update 10-17-25:  Dominari issued a press release on the spate of deals the firm has done in 2025.

Skydance Paramount Courting Apollo for Warner Bros. Deal

NYPo reported:

Paramount Skydance chief David Ellison is in talks with major private equity firms to join his possible bid to buy Warner Bros. Discovery – a megadeal that could cost upwards of $60 billion, The Post has learned. 

Potential investors weighing the WBD deal include Apollo Global Management – the buyout giant

The man working with Ellison is "new legal chief, Makan Delrahim, the former Trump DOJ antitrust chief recently hired to do deals."  Delrahim's bio includes:

Prior to joining Paramount, Makan Delrahim was a Partner at Latham & Watkins LLP, where he has advised multiple clients navigating complex mergers and transactions, government investigations, and high-stakes crisis situations. Delrahim's clients have included, among others, private equity firms Apollo, Hellman & Friedman, KKR, and Silver Lake, Caesars Entertainment, Cox Media Group, Eldridge Industries, Endeavor/WME, FanDuel, LIV Golf, Oak View Group, Omnicom, Searchlight Capital, Ultimate Fighting Championship, and World Poker Tour.

Makan Delrahim also worked as an Assistant Chief of the Antitrust Division of the Justice Department where he was:.

"highly regarded for his effective leadership of the division's work in entertainment, media and sports, restructuring the antitrust division to create sections that oversee media and entertainment as well as fintech and financial services."

If Delrahim had been tougher regarding antitrust would he be in the position he is now?  Doubtful.

PEU "dry powder" has been a Lebron James pregame clap boon for sports investing.   Look under the hood of any professional sports league and one is liable to find a PEU, maybe several.  That league may also be bolted to a Middle East sovereign wealth fund.

The thought of the greed and leverage boys joining with the son of a TechGod to determine what entertainment is available, well that's Halloween level frightening.  

Remember Apollo co-founder Leon Black provided $170 million in funding for Jeffrey Epstein and paid another $62.5 million to settle any criminal liability with the Virgin Islands.  Combined that's enough money to tip a Presidential election (like TechGod Elon Musk in 2024).  Speaking of such, Trump II does not want the Epstein files released and he would need to approve a Paramount Skydance buyout of Warner Bros. Might a condition be no news coverage of Epstein's victims during their predator name release? 

On the surface there is much unnerving about any deal and its players.  Underneath, it's likely far more disturbing than even PEUReport can imagine.

Gaza: Board of Piece (of Shiny PEU Silver)

The "peace" that private equity underwriters (PEU) brought to your workplace teamed up with Middle East monarchs to "save" the people of Gaza.  

Affinity Partners Jared Kushner helped design the plan.  Affinity hold billions in Saudi PIF funds and similar vast amounts from the United Arab Emirates and Qatar.  Kushner is not the only greed and leverage boy in the mix.  

BBC reported two members of the proposed Board overseeing Gaza:

"Board of Peace" headed and chaired by Trump and involving former UK Prime Minister Tony Blair.

Tony Blair has long been a PEU fan boy and made serious money since his public service.  He also has a sixteen year history of tampering in Gaza.

Trump II is doing every job other than his current one.  The man who "solved a 3,000 year war" can't get a budget deal from a Congress? 

We'll see how long the Trump PEU solution lasts in Gaza.  Economic "freedom" is holding so far in China, Saudi Arabia and other oppressive countries as rights are lost left and right in established democracies.

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one and their sons are slated for wealth far greater than their fathers.  It's a grand time to be in charge for the taking is unfettered.

Barron Trump: Record Rise of the PEUtocracy?

A close Trump advisor threw Barron Trump's name in the ring for a Tik Tok USA board seat.  Naming the 19 year old son of our current president to such a board would eclipse the record set by Chelsea Cliinton.  Chlesea was named to the IAC board at the age of 31.  Even before obtaining his undergraduate business degree Barron could on the board of a private equity underwriter (PEU) affiliate "club" deal.

The PEUtocracy has been working hard on behalf of their sons.  Nearly every deal has a Lutnick, Witcoff or Trump offspring associated with it.  Throw in a Middle East sovereign wealth fund and things get even less meritocratous for the average person.

Ladies and gentleman, forecasters predict severe turbulence ahead.  Buckle up and ready the barf bags.

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

K, K, K : What Does Your 401 Say about PEUs?

Two articles highlight the current state of the private equity underwriter (PEU).  First, PEUs have proliferated exponentially since the early 2000's.  Like a Big Mac I consider them the plaque in our economic and political sclerosis.  

Second, all these PEUs bid up asset prices to fill out their funds and they need another step level rise and interested buyers to exit their positions.

 

Trump II, the digital Caligula, opened your 401(k) for private equity and private credit investments.  Many investment advisors have willingly pushed those products as appropriate for a portion of retiree account holdings.  We can quibble over the size of that allocation but it should be money that you can 100% lose.  

Why are so many rolling the dice in the PEU space?  Because it's been a profitable game for the secret fee charging PEU.  What happens when that shifts?  

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.  Trump II's latest deal shows TechGods and PEUs as new investors in Tik Tok USA.  With that tool, will the greed and leverage boys finally get their message across?  Time will tell, tick, tock, tick, tock...

Another Trump Coin? It's Real!

Treasury Chief Scott Bessent's "praise the boss without ceasing" campaign entered new territory with the proposal of a Trump $1 coin issued by the U.S. government.  The Trump family has panned the federal currency and America's banking system with a series of memecoins, tokens and stablecoin offerings.  

Who knew Trump II, the digital Caligula, appreciated the hard currency?  Anything with his face and name on it is an opportunity to earn a deal or licensing fee.  

The just announced TrumpRx came out of Health and Human Services and its Center for Medicare/Medicaid Services.  Details are sketchy but that's expected as appointees slather to set up perpetual fee generating arrangements for the wider Trump organization.

The pressure is on within the Trump cabinet to beat their peers in the "praise without ceasing" category.  Praise includes compliments, name rights and licensing arrangements/deal fees.   

this first draft reflects well the enduring spirit of our country and democracy, even in the face of immense obstacles.

Yes, the immense obstacle of young men immersed in a digital world of violent video games, irony and manipulated by evil forces to make their mark by assassinating someone influential.  

Also Congress passed a law in 1866 that prohibits living Presidents from appearing on U.S. currency. 

“No coin issued may bear the image of a living former or current President,” says the federal law − 31 U.S. Code 5112 regarding coin denominations, specifications, and design

Laws mean nothing to Trump II and little to the Supremes.  Thus, there may be yet another Trump coin.  How long before he's the face on the $1 trillion bill?

Trump the AI Creeper

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Trump II posted an AI video of himself as the Cowbell King of Death. He unleashes OMB Chief Russ Vought to harvest federal jobs as a Grim Reaper.  It echoes decades of job slashing by private equity underwriters (PEU) and TechGods.  

Trump and AI are perfect for one another as both are rife with errors but pretend to offer perfection. 

Trump II's Reign of Ignoble Irreality is clear for those with eyes to see and ears to hear.

Politicians Red and Blue love PEU and their new TechGod brethren (who've decided to play the same political influence game).  Increasingly, more are one.  

Update:  AI video has quickly joined social media in proliferating widespread harm:

“Synthetic media machines, whether designed to extrude text, images or video, are a scourge on our information ecosystem,” Bender said. “Their outputs function analogously to an oil spill, flowing through connections of technical and social infrastructure, weakening and breaking relationships of trust.”

Trump II is a voracious consumer and spreader of same.  TechGods suck.

Leavitt Admits PEUs Are Government

Media enforcer Caroline Leavitt got indignant when asked about the President's son-in-law advising on Middle East affairs that impact countries which have over $2.5 billion invested with Jared Kushner's Affinity Partners.  Those countries are Saudi Arabia, Qatar and the United Arab Emirates.  Kushner started his private equity underwriter (PEU) shortly after leaving the White House.  

The Kushner move is a variation of the Red Team White House dads, Trump II and Steve Witkoff, running around the globe creating massive profit opportunities for their boys.  Jared has already made serious bank so he can "donate" back to the U.S. government while setting himself up for greater profits down the road.  

That is the way of the private equity underwriter.  Red and Blue White House cabinets have been populated by the PEU boys and an occasional girl.

This just in!

Hunter Biden to Advise White House on Ukrainian Natural Gas: Pro Bono!

If the headline were true under a Biden White House MAGA hoards would've been livid.  

The Red Team barrels along in a clown car of conflict of interest.  And Caroline Leavitt earned her red nose.  Wear it proudly!

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

Politics is an insufficient way to explain our world, given its ever shifting sands, serial mistruths and mind numbing double standards.  Follow the PEU...

So Much Sowing for PEU/TechGod Class

 Jesse wrote:

The recklessness of a childishly selfish, shockingly arrogant few are going to be the catalysts for a potentially highly destructive outbreak of renewed conflict. 

They have no shame or fear, and have convinced themselves that there will be no judgement or consequences. This is the fruits of sustained moral hazard. We are in a period of elevated, and highly mispriced risk. 

Do not be deceived. For God is not mocked. What a man sows, so shall he reap.

And the U.S. government is now shut down because elected officials are not willing to do their jobs.  The Red Team is in control and intent on the kind of deal making that turned vast portions of America into an economic desert.  Dealmakers get deal fees and Trump II intends to have a $200 billion net worth come January 2029.  How much will TrumpRx contribute to that unseemly goal?

Trump II just saved Argentina so that country could concoct a soybean deal with China and devastate U.S. farmers.  By doing his boss' bidding Treasury Chief Scott Bessent may have been played.  

Questions have arisen around Bessent's Epstein ties as both Soros (then Bessent's boss) and Epstein invested in Israeli intelligence companies.

The political Blue Team finally "found a spine" to save U.S. healthcare that it already turned over to private equity underwriters (PEU) and their new TechGod brethren.  My wise friend wrote:

If the Democrats were so worried about the health care system they would not have gotten on their knees to private equity and big business many, many, many years ago and stood by and watched patients go under. They gutted everything from the day you were pulled into this world up until the time you land in a nursing home (from soup to nuts).

School choice is but the latest way for the greed and leverage boys to harm employees and customers, in this case children.

Media consolidation is rapidly occurring under the ownership of PEU Legends and TechGods of the first order.  Israeli Prime Minister Bibi Netanyahu noted his charm plans for Israel aligned TechGod owners of Tik Tok & Twitter/X.  Bibi expects his messages to be proliferated worldwide.  He who controls the algorithms...  

According to Responsible Statecraft, the money is already flowing:

Being paid by Israel to post on social media is also very lucrative. According to previously unreported recent documents, these influencers are likely being paid around $7,000 per post on social media such as Tik Tok and Instagram on behalf of Israel.

As for the TechGods, their superyachts need support yachts.  Hold that image in your mind for a minute.

The Fed has heavily supported the greed and leverage boys for the last few decades (alongside Congress, the White House & Supreme Court-Citizens United)

The newest Fed Governor wants to accelerate support for the PEU/TechGod class. 

 

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

Update 10-3-25:  Trump II posted a Grim Reaper video for his administration's planned harvesting of federal jobs under the government shutdown.

Update 10-7-25:  Morningstar reported the AI bubble is massive, 17 times dot com and 4 times subprime.

Update 10-14-25:  Blue Team Governor Gavin Newsome had the TechGods back and vetoed legislation imposing penalties for tech firms that spread information that results in actual physical harm to real people.  

TechGods Writing Checks

Trump II, the digital Caligula, got Google for $22 million for his new ballroom as he sets his sights on LinkedIn's Reid Hoffman, TechGod of the Blue Lucy variety. 

 

Hoffman failed to join the Palo Alto "All In" prick parade to the Insane Red Team in summer 2024.  

Google paid $24.5 million for locking America's lead insurrectionist out of his YouTube account.  The boys at Rumble welcomed Trump with open arms in June 2021, so he had a video platform to spew his nonsense.  

TechGods and PEU Legends better keep their checkbooks open.  Trump II's need for cash is insatiable.  

Eric Schmidt Bifurcates Tech Future

Fortune reported:

Eric Schmidt, who was top boss at Google for a decade in the early 2000s, said during a conference interview published by the All-In podcast Wednesday that he doesn’t believe in remote work in part because it’s not helping U.S. tech companies compete with China’s cutthroat work culture. 

“If you’re going to be in tech and you’re going to win, you’re going to have to make some tradeoffs,” Schmidt said. “Remember, we’re up against the Chinese; the Chinese work-life balance consists of 996, which is 9 a.m. to 9 p.m., six days a week

Whoa! What happened to the promise of AI?  It was supposed to relieve us of the burden of work, not add more.  CNBC reported:

 Eric Schmidt’s family office, called Hillspire, has made investments in 22 private AI firms since 2019

Schmidt has a family office.  Hillspire LLC is essentially his personal private equity underwriter (PEU). 

But there's more.  He co-founded Innovation Endeavors, a venture capital firm.  Eric and Wendy Schmidt have multiple layers of foundations.  

This upstanding TechGod encouraged Stanford students to steal from others, develop their project and when it appears to have a profitable future, hire lawyers to negotiate a settlement.

Intellectual property theft is foundational to AI, according to Schmidt   Why would a storied executive and TechGod make such a suggestion to students?  Because he is a member of the group that does not have to follow the rules.  As a matter of fact, Schmidt has been making them for quite some time, alongside other noted TechGods.

Listen to Eric.  He knows.  The worker's future is 72 hour weeks.  The benefits of AI will accrue to the same folks making bank over the last twenty five years.

Don't expect elected officials to do anything about it.  Politicians Red and Blue love PEU and their new TechGod brethren.  Increasingly, more are one.

Digital ID: TechGod & PEU Bonanza

The Independent reported:

Every working adult in Britain will be required to have a new government-issued digital identity card as part of a fresh attempt to crack down on illegal migration.

Former UK Prime Minister Tony Blair pushed for such an ID when he was in office.  Blair showed his love for private equity underwrites (PEU) while Prime Minister.   

A report from Sir Tony Blair’s think tank, The Tony Blair Institute (TBI), published this week, also suggests there is growing public support for a “super-digital identity card” which would allow people to access public services and report problems in their local area.

The news prompted me to do a search on digital ID companies and Google provided a list (seen in the image at the top of this post).  I then researched the owners/investors of these companies.  To no surprise most of the equity holders are PEUs, venture capital firms or investment arms of major tech firms.  In the case of ID.me, Ares provided debt financing.  A former Blair advisor works for Ares.  Charles Steel notes:

I started out at Goldman Sachs in London in 1997, switched to investing at The Carlyle Group and subsequently launched the private equity business of Ares Management in Europe.

IDNow just went through a continuation vehicle and secondary sale so limited partners could get their money back. 

The public is well aware of who wins and who loses when government contracts with PEUs and their affiliates.

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

Update 9-27-25:  PEUReport is not the only one concerned about digital ID.  Larry Ellison sees AI integrating everything under digital ID (total surveillance).  Ellison and Tony Blair see eye to eye in this regard.  Tony Blair's son is the CEO of Multiverse, which could have a role in the UK's digital ID.  TechGod wankers and PEU bankers...

Update 9-28-25:  My wise friend wrote:

Isn't it funny how Tony Blair and Larry Ellison merge for a financial outcome tied to digital IDs? Almost as funny as Tony Blair with Bill Clinton and Sam Bankman-Fried with cryptocurrency.  Note how the financial gains accrue to both sides of the political aisle. 

All of this fostered by putting Trump in the king's throne. Each side can blame the other but in reality through all the fog of chaos the destination was always clear, their pockets. To depict Trump as an outsider Is a complete misnomer, He was the necessary but unpalatable useful idiot to force and seal the deal. It's their golden age but the masses get golden showers.

Update 10-14-25:  Palantir will not bid on the UK digital ID project. 

"All In Summit "Targets the Vain

Vanity Fair reported on the fourth year of the All In Summit, hosted by the four hosts of the All In podcast.  The summit came after most of Silicon Valley shifted alliances to the political Red Team.  I guess pathology attracts pathology.  

The "no assholes" corporate rule from the 1990's is long gone, replaced by the greater the rectal behavior, the better.  Palantir co-founder Alex Karp epitomizes this new feature as a giant government contractor that repeatedly states inane things.  Fortune did a story on Karp's "batshit crazy" statements.

The rise of the TechGod follows decades of government manipulation by a different class of billionaires, private equity underwriters (PEU).  The greed and leverage boys coopted government, landing key Cabinet and other government positions, hiring former elected officials for non-lobbying influence, buying affiliates that did or had the potential to do large amounts of business with Uncle Sam and dictating a preferred tax policy that remains in place today (despite being highly unpopular).  

TechGods gathered for what?  The article states:

Summit-goers spoke the language of revolution. The West was dying; it was actually killing itself. Still, it could be saved. The people here, in fact, would save it. “This is not an audience committing suicide,” Palantir CEO Alex Karp said from the main stage. “This is an audience fighting to win.” What would save us exactly, was not completely clear, but it had something to do with ambition, the new political drift, cryptocurrencies, AI, and getting to Mars.

When politicians and billionaires get together, the little people pay.  I don't want cryptocurrencies, AI or to go to Mars.  All three things need huge subsidies and safe haven (regulatory, tax and liability).  Trump World is most accommodating in these areas while pursuing an obscene amount of conflicting business ventures.  

The vain showed up in droves to rub elbows with the boys who legitimized Trump II and now serve at the feet of our digital Caligula President.  

The pod has lately become a kind of kingmaker’s pulpit, with the Besties dropping casual hints that the concerns of All-In’s guests—entrepreneurs, VCs, billionaires—might find their way into public policy. Or, as one attendee put it: “This podcast is like a direct line to the administration.” 

“You were at a dinner with a bunch of private equity and venture assholes..."

TechGods play a mean game of PEU imitation.

Update 9-26-25:  Trump II, the digital Caligula, went after TechGod Reid Hoffman, one of the few remaining Blue Team supporters.  Hoffman has the resources to play Trump's lawsuit games and pursue them to the bitter end.

Retirement Account Alert re: PEU Secondaries

Bloomberg reported private equity underwriter (PEU) deals and exits are down through Q2 2025.  Limited partners (those with the big money) are tired of hearing ever changing reasons why their PEU has not returned capital.   The problem is with affiliate valuations and a lack of buyers for those companies.  

The article suggests a number of firms may fail.  They offer a Sixth Sense analogy that some firms are dead but do not know it.  Experts did not offer which PEUs they believe are ghosts or walking corpses.

If the U.S. Treasury can bail out Argentina, I'm sure the PEU boys can use their political heft to steer federal funds their way.  

Treat PEU offerings the same as cryptocurrency for your 401(k).  Invest only what you can afford to lose.

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

CEOs Pan Trump as "Bad for Business"

Fortune reported on a recent CEO gathering where private positions are much different than public statements.  These are mostly members of Trump's political Red Team.  The article stated:

Business leaders at our forum worry that Trump is undermining an economic system that took decades to build and has long benefited the U.S. more than any other country, under both Republican and Democratic administrations, all for short-term gains. They see what’s happening as a hollowing out of U.S. economic foundations and institutions. In this free-to-speak environment (a loaded topic these days), they said that while they approve of bringing manufacturing back to the U.S. and bolstering economic and national security, they fear for America’s international standing amid the degradation of national security at the FBI, the CIA, and the Pentagon.

As for hollowing out, many of us remember a private equity underwriter (PEU) takeover and its impact on our company.  Flashback to July 2011 when a major business reporter wrote:

I have seen so many people -- particularly those in their 50s - 70s -- taken apart by what has happened in their industry as greed has hollowed out the economy. These are people took pride in their jobs and held themselves to this invisible standard that we all just took for granted, but is being wiped out. 

 The Carlyle Group scares me more than anything I've ever seen on Wall Street. It seems to exist to corrupt politicians and it's hard to know who they even represent.

That has occurred thousands of times for thousands of companies over the last fifteen years.  Private equity's reach, money and influence penetrated both political parties to the point I began closing posts with:

Politicians Red & Blue love PEU and increasingly, more are one.

When the TechGods jumped on board and executed the PEU political playbook I adapted:

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

Six months ago I wrote:

At some point TechGod wankers and PEU bankers will beg to pay more in taxes just to be away from Trump's toxic tampering, grandiose delusions, vicious takedowns and vacuous flip-flops.

That day may already have arrived.  If so, it's a kick in the ballroom for the Trump brand.

Comedians Can Reflect

The year of living dangerously continues for comedians.  The Daily Show's Jordan Klepper spoke the mission of PEUReport.

I would go farther than Klepper and suggest that many of these billionaires are PEU legends who have exercised levers of political power and tapped Uncle Sam's wallet for their financial windfall.  That spawned the term "policy making billionaire."

TechGods are employing similar strategies in a more obvious and clumsy manner than their refined PEU peers.  

Who can beat Carlyle co-founder David Rubenstein's belief that "private equity is man's highest calling?"  That gives me a chuckle every time.

My wise friend wrote:

Comedians are great at exposing Societal Malevolent Transformations with great poignancy. Each day the Overton window for normalcy shifts as we accept the administration's shocks to the system as perturbations instead of a great crack. 

Even the Romans tolerated Juvenal's cryptic messages through comedy for a time. We have seen this deterioration for a long time but probably never thought it would reach this level. 

What are we going to do now?  Bring Back Caesar?  LOL

Who needs Caesar when we have Trump II, the digital Caligula?  Trump II wants far more than a beach house.  He wants a $200 billion net worth come January 2029.

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