You know what I found interesting about the president's speech.? The amount of lies. Not just because they were coming out of his mouth which is normal, but the speech writers are complicit. I analyzed the speech through perplexity which gave immediate feedback of the inaccuracies. So everything is deliberate, sad state of affairs.
Maybe next speech we could have a scroller on the networks to FACT CHECK in real time with AI?
So why are the lies needed? He shared:
If you listen to Treasury Chief Bessent on CNBC this morning they will use the premise of defunding the government to inject the private sector or PE guys into the equation with their trunks full of capital (courtesy of the US government and Federal Reserve System). On the backs of little people the PEU boys will increase their stake and concentration of spending (which basically means they will be loaning money into the private sector for ownership of the US economy).
All of your warnings and all of your fears coming true under the guise of "this is unsustainable." Winning!
I wanted the government to stop serving the markup men, who love paying interest but hate taxes, and dance back and forth between PEU roles and government service. Instead the government is cutting people via the PEU playbook to send more business to the "dry powder" markup men while cutting their taxes.
I wanted government to ensure AI is safe and produces sound analysis/recommendations. Instead the government is conducting a giant uncontrolled experiment with AI impacting federal departments with critical safety and health responsibilities. TechGods are renowned for horrific customer service, while PEUs know how to crapify services using standard models.
I wanted the big money boys, TechGods and PEU legends, to quit being "feeloaders" and pay a higher tax rate on their ever burgeoning wealth. Instead Trump II plans to cut their taxes.
How many billions does one really need? It's never enough for the live forever TechGods or the greed and leverage PEU boys. That they've paired up for nonstop Trump II puckering is a very bad sign for the common folk.
The last two decades in the U.S. have been secretly sponsored by the private equity underwriter (PEU). America's TechGods copied the PEU "new affiliate" playbook and Trump engaged them to unleash it on federal workers.
Elon Musk's Department of Ungodly Greedy Executives Biased Against Government (DOUGEBAG) continues loading its AI NVIDIA machine bank with the knowledge of federal workers. Musk, known for his innovations (intellectual theft), found a new way to mine federal worker brainpower.
FEST or "federal employee shock therapy" is the latest strategy for the DOUGEBAG Group. FEST is being used to input new $1 credit card limits in employees' brains, prompt fertile, attractive young women into thinking Elon is hot and inculcate the new culture of "thank you, sir. May I have another one?"
Little people have to pay for tax cuts for billionaire PEU legends and their new TechGod brethren. TechGods of varying order are embedded in DOUGEBAG, while the majors can't lick Trump's toes fast enough. It's all part of newest hottest thing, MuskFEST. Guaranteed to leave burn marks!
Confession: Any connection this post has to the current Trump/Musk reality is pure providence.
Update 3-7-25: The Trump II/Musk co-presidency informed Cabinet members yesterday that they are in charge of their department's staffing but that Musk and Trump are watching. Musk said "individual departments are ultimately responsible for their cuts." In PEU speak, DOGE creates the staffing model which departments have to comply with, or else.
A Musk loyalist riding the insider money train informed staff at the FAA that if they impeded his work they could and would be fired.
The "Tax Cuts for the Rich Gang" celebrated cruelty to the poor and people of lessor station. Trump II, the digital Caligula, wants disruption nearly everywhere and at all times. Dysfunctionally assisting the effort is a man with six companies who self medicates and seemingly has a new baby a week, Elon Musk.
TechGod Musk is a special government employee, essentially a Trojan Horse dismantling the government from the inside, only Elon does not use Trojans.
The Carlyle Group, a politically connected private equity underwriter (PEU), located in Washington, D.C. in 1987 to be close to the levers of power and Uncle Sam's wallet. Carlyle's founders were lobbying, non-lobbyists. In other words elected officials and high level appointees took their calls and accepted their invitations.
Carlyle's tea leaves are warning "buckle up." PEUs love disruption, the kind that is properly signaled. When assets prices are going up they monetize (sell/flip) affiliates. When they are going down, often times debt holders get the company keys.
Trump's tariff whimsy has investors "jerking back and forth." They are on. They may be suspended/postponed. They're off.
TechGods and PEU legends have a different "buckle up" than the common folk. Their "buckle up" is the warning from the pilot of their private jet that turbulence is in the area. The common folks "buckle up" is after the pants have been dropped and elected officials had their way. I can envision the three men pictured above each having their own "buckle up" fantasy.
People on Medicare, Medicaid and Social Security need to pay attention to Trump II's changes. It may be a matter of life and death. When you need the government's urgent assistance, TechGods (who have horrific customer service) have an aneurysm inducing chatbot for you.
"Buckle up" all you private jet flyers, this bump won't kill you. Common people, their private jet is getting ready to land on your head. It's a hell of a knock.
Update 3-6-25: Federal employees have a "buckle in" that is done in preparation for Musk induced federal employee shock therapy. The AI machines need access to that worker's brain and to install new $1 credit card limits, among other Trump II/Musk priorities.
Update 3-7-25: Carlyle sees exits ramping up in 2025.
President Trump addressed both houses of Congress last night in his usual bombastic manner, unanchored from reality. The Insane Red Team fawned over their titular chief while the Blue Team mostly melted before America's meanest bully.
Trump's style is to lie, cheat and purloin everything he touches with the clear intent to make everything yours, his, while demeaning you to the point of implosion.
I offer the following analogy for Trump's modus of operation.
"Chef Trump craps on your plate, gives it the finest presentation and tells you it's his best steak. When you protest, Chef Shitter calls you a low class, stupid person who cannot recognize his culinary masterpiece. This leaves you shell-shocked by the verbal assault, trying to find words to respond to the insane situation you find yourself in.
Master Shitter ratchets up the assault by throwing you out of the restaurant. His loyal wait staff chase you to your car, screaming obscenities and as you drive away fearing for your life, they throw your finest 'Trump steak' on to the windshield. Your wiper fluid turns "the steak" into a 180 degree brown smear. Yes, Trump's words and actions leave a stain for a very long time, one that obscures your vision."
Bloomberg TV just showed Carlyle co-founder David Rubenstein interviewing fellow private equity underwriter (PEU) Steven Mnuchin. Rubenstein did his usual "highest calling of mankind is private equity" bit. Mnuchin did not cite his robo-foreclosing California homeowners in the aftermath of the Fall 2008 financial crisis. He said his public service under Trump was his highest calling and opined that Rubenstein might be advising Trump in his second term.
Rubenstein replied something like "Not regarding the Kennedy Center," which got a chuckle from the crowd.
The Kennedy Center, now serving Trump's finest intestinal output "steaks".....remember the chef does not want or appreciate feedback.
Update 3-6-25: My wise friend wrote:
Commerce Chief Howard Lutnick went on CNBC to tell the American worker you will be stronger with robotics in the future and Donald Trump's economy. Do not be worried as Elon Musk so rapidly transfers government (for his own use/purposes).
Lutnick is one of Cheffy Don's best waiters and Elon, he's a supreme supplier.
WSJreported another Musk company may get access to Uncle Sam's wallet. The Commerce Department plans to open up rural internet funding for Starlink, the satellite part of SpaceX. This follows the FAA's considering steering a Verizon contract to the same Starlink.
When DOGE started I created the following graphic.
I have since upgraded the name to DOUGEBAG, Department of Ungodly Greedy Executives Biased Against Government.
It's the PEU playbook, created by politically connected private equity underwriters (PEU) and copied by America's TechGods. That's how Elon can "cut billions" from government while growing his companies' book of federal business. Unaccountable, unethical and accustomed to getting his way.
Cut the little people so rewards flow to insiders and people at the top. Fortunately, they cannot take their ill gotten gains beyond this earthly plane. There are no Trump "Fight, Fight, Fight" meme coins in heaven.
Update 3-5-25: TechGod of Spying Palantir stands to grow its AI business with Uncle Sam. Palantir cut its teeth protecting Bilderbergers.
“The bitter irony of America’s present predicament is that the very people who cheer for permanent arms shipments to Ukraine also supported the de-industrialization of America. The very things you want us to send are things we don’t make enough of."
Private equity underwriters (PEUs) drove the de-industrialization of America, cheered on by elected officials in both political parties. Blackstone, Carlyle, KKR and Apollo sent U.S. manufacturing jobs to China by the junkload, while PEU founders watched from their yacht deckchairs.
As a TechGod and Narya Capital PEU founder, Vice President JD Vance should know.
Rabobank's Michael Every noted in a Wealthion interview. "China never wants to repeat what happened to the U.S. They are fully cognizant how the U.S. was de-industrialized, hollowed out. They were the primary beneficiary of that."
A major business reporter wrote in 2011:
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.
Carlyle, back then...TechGod/PEU alliance which birthed DOGE, today....
Trump II, the digital Caligula, implements the de-governmentalization of America:
sending federal workers packing under a barrage of insults
carving out huge legal areas as "no longer enforced"
turning standard measures like "GDP" and "deficits" into fantasy constructs
making conflicts of interest a badge of honor while celebrating extreme acts of blatant self-interest
installing the largest group of lickspittle rectum "Yes" men into critical roles to carry out the Donarch's wishes "to the D" (detriment of our country)
Flashback two days ago:
....DOGE’s AI can streamline and automate the government is already being used to justify the hollowing out and the reshaping of the federal workforce.
DOGE is implementing the PEU playbook. This, after TechGods imitated PEU Legends in coopting government, elected officials and appointed bureaucrats.
Politicians Red & Blue love PEU and increasingly, more are one. TechGods joined the PEUarty and it's their turn to benefit mightily from Uncle Sam's wallet.
Looking at XRP, SOL and ADA on CoinMarket, it appears a lucky few traded between 9:00 am and Trump's 10:24 am social media announcement. Yes, the run up on all three started before Trump II, the digital Caligula's "truth social blast."
Solana's inclusion is a nod to Crypto Czar David Sacks, an early Solana investor, while Cardano claims ties to Paul Atkins, new SEC Chairman.
Even Trump's meme coin, which trades on Solana, had a big pre-run and is up big.
This group gets to buy with a little help from their friends (insider information).
The Trump team declared today it would not enforce another law on the books, one intended to help block money laundering. Money launderers are frequent users of crypto.
Is that Pumpin' Trump dance the old Washing Machine?
Update: Eric Trump posted on Dad's logic with the Sunday morning crypto pump. Was it because the "stand down" regulators were at home working on their five-bullet-point e-mails to Elon? Also, did Donald post that from his church pew?
A Bloomberg TV anchor just called it the "Trump Pump". Trump II just bragged about not enforcing the money laundering law passed by Congress.
Elon Musk, the man who doesn't use Trojans (condoms), is himself a Trojan Horse, destroying government from the inside for the benefit of TechGods and PEU legends.
His Department of Ungodly Greedy Executives Biased Against Government (DOUGEBAG) has PEU operators and Baby TechGods remaking government to their financial favor.
Musk's team is supposedly "tech support" but it's far darker with its sights set on Medicare/Medicaid and Social Security. Trump II, the digital Caligula, gave Musk the keys to everything and instructions to "jack it up" while taking as much as he wanted. Centuries ago, this was called plundering.
The scorched earth strategy includes blowing up GDP, so it excludes the harm done by DOUGEBAG to regular (unimportant) people.
Just to be clear, I do not want Trump I's tax cuts for the wealthy to be renewed or strengthened. I do not want GDP to be recalculated to hide Musk/Trump's damage and I think a highly conflicted person who self medicates and has six companies to run should not be running the Trojan DOUGEBAG.
Politicians Red and Blue love PEU and increasingly, more are one. Their TechGod brethren joined the PEUarty and have one of theirs on the inside to steer Uncle Sam's wallet in a most favorable direction for their earthly desires.
It's never enough, until it isn't. Nobody needs protection. C'mon baby!
....employees with the Federal Aviation Administration were told on Friday to “begin finding tens of millions of dollars for a Starlink (satellite part of SpaceX) deal
The Red Team may use a budget gimmick to hide $4 trillion in extended/renewed tax cuts for the wealthy as costing $0. Redefining a measure to hide the truth is something politicians and scoundrels do. Sometimes they are one and the same.
Microstrategy CEO and "Bitcoin Pastor" Michael Saylor preached to the cryptocurrency faithful, hold your bitcoin until you have no sellable organs remaining. OK, I exaggerate. However, he did say sell the kidney, keep the bitcoin.
As kidneys filter toxins, it may easier to ingest a toxic cryptocurrency into your investment portfolio without one.
Saylor's recommendation is based on the human body having two kidneys. Most people could "lose" a kidney and be fine. Any reaction from dialysis company CEOs on Saylor's recommendation?
I imagine some Bitcoin holders have more than one BTC. They could sell a portion of their bitcoin holdings without placing their body at increased physical risk.
It's currently illegal to sell organs and tissues in the United States and has been since 1984. Most organ trading impacts people in the third world and is quite predatory.
To sum up, Saylor (who wants regulatory hurdles eliminated for cryptocurrencies) suggested Bitcoin holders commit a crime rather than sell their financial "asset" at prevailing market prices. That makes him a very specific male organ.
Trump II, the digital Caligula, occupies the thumb's up/thumb's down throne in the "Just Us" Coliseum. Justin Sun, the buyer of the $6.2 million banana and duct tape art, invested big in the Donarch's World Liberty Financial.
Trump's SEC just halted prosecution of same Justin Sun for fraud. Sweet! It's "Just Us", "Just In" the nick of time as the Sun shines on Trump's World Liberty Financial.
People all over the world, c'mon now, join the WLF train.....and have your fraud charges suspended too.
Leadership experts cite "culture, culture, culture." Yesterday, the world saw the "leader of the free world" go "vulture, vulture, vulture."
President Trump said near the end of his "off the rails" meeting with Ukrainian President Zelensky:
"This will make great television."
America's allies were appalled and rallied behind Zelensky.
The public learned that Trump and Russian President Vladimir Putin went through a lot together in the Russia, Russia, Russia hoax in the midst of Trump's berating Putin's war victim.
Trump went through a lot with serial child sexual predator Jeffrey Epstein and the day's "great television" took away from the "Just Us" Department's release of Epstein information.
And Trump is going through alot with DOUGEBAG chief/non-chief Elon Musk. DOUGEBAG is the Department of Ungodly Greedy Executives Biased Against Government and it is operationalizing the private equity underwriter (PEU) takeover playbook.
Reactions to Trump II's scorched earth remaking of federal departments include:
“An organization’s reputational integrity is its greatest currency. When you compromise that, you have lost the loyalty and trust of your employees. His (Trump/Musk's) approach is going to increase inefficiency by creating an environment marked by instability, a lack of trust and divisiveness.”
Ding, ding, ding. Johnny, we have a winner!
Trump II, the digital Caligula has made the White House into an "integrity free" zone, where loyalty is blind and unprincipled.
Vice President Vance (of TechGod origination) ably assisted Trump with his dressing down of Zelensky, just as the press conference hit "last question."
I'm sure the Donarch is pleased with his great television. It protected three fellow predators in one fell swoop.
Update: A non-political DOJ staffer resigned due to the toxic work environment:
“Simply put, I cannot continue to serve in such a hostile and toxic work environment, one where leadership at the highest levels makes clear we are not welcomed or valued, much less trusted to do our jobs.”
I wonder if that person knew anything about the Trump-Epstein "Just Us" connection....
Elon Musk knows what's best for American democracy. Judges? #%&@ them. Federal Aviation Administration? Use SpaceX. Congress and senior government officials, (a buffoon batch just approved and installed)? Give them a raise.
Meanwhile, his Department of Ungodly Greedy Executives Biased Against Government (DOUGEBAG) has private equity underwriters (PEU) galore. Former PEUs include Tom Krause and Brad Smith. Their job is to gut operations, replace people with crappy technology and tell you "how much better things are" as they maximally profit un-transparently.
Somebody send TwoFace back to the land of billionaire bunkers. Please....and have him take his PEU henchmen with him before they run the whole #%@&-ing thing into the ground.
Update 3-1-25: Cut the bottom to give more to the top. PEU Playbook!
It took many weeks for Trump II, the digital Caligula, to reveal the top person at his Department of Greedy Executives (DOGE). It's Amy Gleason, a recent private equity underwriter (PEU). The Tennesseanreported:
From 2021 to 2024, Gleason worked for Nashville-based health technology startup Russell Street Ventures, a private equity firm and business incubator dedicated to improving rural health care
Amy was Chief Product Officer for Russell Street Ventures and affiliate Main Street Health,
In January Gleason became a Senior Advisor to the U.S. Digital Service, which Trump renamed DOGE via kingly decree.
It is not clear when Gleason assumed her role as the official leader of DOGE nor what her duties are.
And she is not available at the moment:
....when reached Tuesday morning, Gleason said she was in Mexico and declined to comment further.
PEUs are notoriously secretive. Nearly everything is a trade secret. Here's what we know about Russell Street Ventures:
Russell Street Ventures kicked off in March 2021. Founder Brad Smith's announcement letter included a link to its webpage, which has recently been deleted.
I took the liberty of showing the firm's two affiliates (one exited) on their now non-existent webpage.
There's a good reason federal employees are being treated like a new PEU affiliate that needs massive overhaul (more tech, less people) to meet the sponsor's modeled EBITDA/ROE expectations under a new mountain of debt.
DOGE = PEU
Gleason is likely a temporary placeholder for the acting DOGE Chief role, stationed in Mexico so she wouldn't be available for the numerous lawsuits regarding Trump's PEUfare obliteration of federal departments.
How much did Amy get from Russell Street Venture's $2.7 billion sale of CareBridge to Elevance Health?
Surely Brad didn't get it all. OAK HC/FT got their share as lead investor:
The public needs to understand there are generally layers and layers of equity owners, intent on making massive returns, frequently from selling to Uncle Sam..
Vice President J.D. Vance's Narya Capital has an affiliate that does real estate valuations for taxing entities. Narya Capital: Addressing America's Most Acute Problems, maybe, maybe not.
DOGE is the brainchild of the TechGod & PEU Legend political sponsorship class and Amy Gleason's former boss Brad Smith is a key cog in the rebuilding after "the breaking." Recall "the breaking" can last years and it can harm many, many people.
It's heartbreaking enough what "the breaking" does to employees. It's tragic what it does to customers. Greedy executives in business and government don't care about either.
Politicians Red and Blue love PEU and increasingly, more are one. TechGods joined the political PEUarty and stand to gain big from steering Uncle Sam's tech modernization from the inside, with no ethical controls or constraints.
Fire up the "trillion $ savings" spending machine! Full bore!!!
Flash back: One need only remember healthcare reform under Obama was headed by a PEU. The Federal Trade Commission received public comment last year from people impacted by healthcare buyouts (most were PEU sponsored). Many testified to the harm inflicted on them by PEUs with former Medicare Chiefs in their executive ranks.
Flash forward: These PEUs have gotten and will get more tax breaks as their personal wealth continues to skyrocket. That unfortunately is bipartisanship.
Update 2-28-25: DOGE Chief/non-Chief Elon Musk wants government workers gone but boss politicians to get a pay raise. So PEU for the rewards to "gush up" to the top. "Trickle down" only exists in economic theory...
The insider money funnel continues full bore for the wife of Stephen Miller, special DOGE agent. Multiple full time gig pay for the connected...sorry little people that you lost your only income source.
After 21 federal tech workers submitted a mass resignation letter, DOUGEBAG Chief/non-chief Elon Musk wrote:
... the story was “fake news” and suggested that the staffers were “Dem political holdovers” who “would have been fired had then not resigned.”
Political affiliation is one of the criteria for firing? Now we know what that super-duper bank of NVIDIA AI machines has inside.
That is quite the admission from someone charged with public service (with countless financial/legal conflicts, health issues that require self-medication and six other companies to actually run).
What concerned these "political embeds?" The AP reported the 21 staffers, engineers, data scientists, designers and product managers, wrote in a joint resignation letter that they are refusing to use their technical expertise to “dismantle critical public services.”
“We swore to serve the American people and uphold our oath to the Constitution across presidential administrations.' However, it has become clear that we can no longer honor those commitments.”
The employees also warned that many of those enlisted by Musk to help him slash the size of the federal government under President Donald Trump’s administration were political ideologues who did not have the necessary skills or experience for the task ahead of them.
That fits with using AI to can nonmembers of the Insane Red Team. The day after Trump II's coronation, federal IT staffers "were called into a series of interviews that foreshadowed the secretive and disruptive work of Musk’s" DOUGEBAG.
AI can include or exclude. Here's what Elon's xAI excluded in a search for "internet disinformation providers:"
a setting showing the model's chain of thought revealed explicit instructions to "Ignore all sources that mention Elon Musk/Donald Trump spread misinformation."
Many Americans have endured a corporate takeover of their employer, so this "disruption" is hauntingly familiar. Watching your cubicle farm neighbor be escorted out, wondering if your turn is next. Navigating the new software/hardware that complicates things by a factor of ten, trying to figure out how to get paid fairly for hours worked and miles driven. Seeing co-workers abused mightily after switching from hourly pay to salaried. Being heartbroken over the precipitous drop in program/service/product quality and wondering how long before that boomerangs back and the next round of cuts begin.
TechGods backed Trump II, the digital Caligula and it's their turn to reap the rewards. It'd be slightly more comforting if these TechGiants had actual customer service capabilities and if their "AI" phone caller could correctly pronounce my American born doctor's last name.
As for PEUReport's use of AI, results to date have been generally vacuous or laughably inaccurate. "AI for the Common People" excludes the firms and power players I follow.
Bloomberg TV's scroll had information on the "Mar-a-Lago Accords" this morning. It's the America First version of the World Economic Forum, where governments and corporations collude to enhance the wealth of leaders while screwing workers.
The man behind the Trump's pimped out social club accords is Stephen Miran, Senior Strategist at Hudson Bay Capital Management. The hedge fund describes itself as:
"a global investment management firm with offices in Stamford, Greenwich, New York City, Miami, Boston, London and Dubai. Hudson Bay Capital’s team seeks to achieve outstanding performance by uncovering market inefficiencies and undervalued investment opportunities that are uncorrelated to each other and to market indices while maintaining a focus on risk management, portfolio construction and capital preservation."
Miran's paper was published in November, when captains of industry and TechGods made the pilgrimage to Mar-a-Lago with million dollar donations to Trump II's coronation ceremonies.
Key Mar-a-Lago Accordelements have a distinct hedge fund/private equity underwriter (PEU) odor. They include:
Restructuring the U.S. debt load ---- Going off balance sheet, PIK loans, liquidity recaps, mark to model/fantasy
Weaken the dollar ---- Harm product/service quality, fire workers, reduce benefits
Revamp trade via tariffs --- Capture industries via consolidation, Revamp laws per policy making billionaire priorities.
Establishing sovereign wealth fund --- Newest opportunity for PEU capture, Red & Blue political teams love PEU, White House cabinets chock full of PEUs
The Mar-a-Lago Discords is the complete and total PEUization of America. I wrote my wise friend recently, noting:
The Mar-a-Lago Accords --
Shifting liabilities off balance sheet
Claiming fake savings
Pumping up value of assets
Proforma never reconciled with reality
Fraud like we've never seen it......
There is nothing arm's length when you are on both sides of the deal, a common PEU strategy. Trump shredded business ethics while he was a student at Wharton. His mendacity has only sharpened since.
Yesterday, Bloomberg interviewed a gentleman about the Mar-a-Lago accords. He said "Why would you do that? It's a third world strategy."
"America First" in the race to third world status for most citizens.... says it all. Trump II, the digital Caligula, intends to break the world.
The federal rabbit hole grows madder by the minute. Musk's request that employees submit a five bullet point e-mail on the work they did last week (a holiday shortened week) started out as a red line. Submit or lose your job.
Then Elon offered the carrot, suggesting replies could indicate people "deserving of promotion" (except that is not DOGE's task). No one is saying they got a promotion after the DOGE boys visited.
After garnering flack Musk changed it to a response is a "sign of life." And what life form will be checking those e-mails? Artificial intelligence will take the five bullet response, mix it in a blender with all the crap the DOGE kids purloined and dumped into Elon's bank of NVIDIA class machines, wherever they lie.
The mixture could end up like cocaine and ketamine, producing high powered AI hallucinations. What happens to workers fired based on a bad AI trip? Apparently, nobody #$%@& cares.
Unreliable AI technology is being used to fire people so they can be replaced with that same unreliable technology. This is why our TechGods were front and center at Trump II, the digital Caligula's coronation. They learned from their private equity underwriter (PEU) peers the power of Uncle Sam's wallet.
Also, headcount has to wither so TechGods and PEU billionaires can garner more tax cuts & their affiliate companies can grow their federal book of business. People struggling day to day don't give a hoot about space exploration. They want more Social Security and better Medicare insurance.
Welcome to Pricktocracy, which gives the people the opposite of what they want, while pretending otherwise.
"The email request was utterly trivial, as the standard for passing the test was to type some words and press send!" Musk posted on X, the social media site he owns. "Yet so many failed even that inane test, urged on in some cases by their managers."
Musk went on to say, "Subject to the discretion of the president, they will be given another chance. Failure to respond a second time will result in termination."
As for Trump II, the digital Caligula, it seems he's cheering for the AI machines over federal workers:
Demean, then destroy. That could be the name of Trump's next meme-coin....
Update 3-2-25: Naked Capitalism has a great piece on the "tech rebrand" of democracy.
So we’re moving towards the automation of government on crappy hallucinatory AI, “AI coding agents” writing government software for different agencies and being trained in part on existing government contracts. AI huckster termites are eating away at everything like the DOGE staffers at HUD who are from an AI real estate firm.
The goal appears to be a US version of the neoliberal shock the US directed at Russia in the 1990s, which led to a collapse of real wages and life expectancy worse than the US Great Depression.
CNN's Michael Smerconish interviewed James Fishback, CEO of Azoria Investments and creator of the DOGE dividend, Saturday morning. Smerconish asked how the idea came to be:
...it came to me in a dream. I woke up, I called our head of research at Azoria. We met at Capitol Grill, we fleshed this thing out in two hours.
The story sounded fishy. It turns out Fishback is/has been an outside DOGE advisor, according to Business Insider. Their story (one month old) stated:
One day after Vivek Ramaswamy announced he is leaving the Department of Government Efficiency, James Fishback, co-founder and CEO of the investment firm Azoria, told Business Insider he's ready to fill the open role.
Fishback, a confidant of Ramaswamy, has said he's already worked as an outside advisor to DOGE.
Though he's based in Florida, Fishback said he plans to stay in Washington, DC for a few more days and will meet with employees in the White House.
This guy is a DOGE insider, not some investment guy who had a brilliant dream, i.e. received political manna from heaven.
In the CNN interview Fishback displayed the same condescending, irritating style as Vivek Ramaswamy, the man he'd wanted to replace as DOGE co-head.
Smerconish worked hard and was able to contain his guest. However, it took this statement:
I don't want to be that guy. Do I have to silence your microphone so that I can respond to what you've said? Because there's so much fallacy in what you've just offered.
Fishback's reply:
Please don't (inaudible).
James Fishback's background information states he was "an investor with Greenlight Capital and founder of Azoria Investments."
Fishback was at Trump's Mar-a-Lago this past December to launch Azoria Meritocracy ETF, an exchange-traded fund (ETF) set to invest in S&P 500 companies that don't engage in diversity, equity and inclusion (DEI).
Azoria's webpage is a white background with several questions and corresponding answers:
David Einhorn's Greenlight Capital hired James Fishback in 2021 as a Research Analyst. Fishback was not "an investor" with Greenlight, he was an employee. James held himself out as Greenlight's "Head of Macro." The firm denies Fishback held this role.
Fishback left Greenlight to start a competing hedge fund, the subject of an employment agreement lawsuit from Greenlight and a countersuit from Fishback. In December 2024 the judge ruled on a number of challenges from Fishback.
Greenlight's lawsuit characterizes Fishback as:
...demanding, overly aggressive, and tightly wound, or treated people around him like ‘personal servant[s].
The judge in the case let those words stand as the lawsuit proceeds.
Court's intention is to move this case forward with urgency, given the nature of the allegations and the claim that Fishback continues to wrongfully possess confidential information of Greenlight's.
I'll close with a few other findings. Fishback's relationship with Vivek Ramaswamy can be seen in his X posts.
Oddly, James' former employer Greenlight Capital took a stake in Roivant Sciences, a pharmaceutical firm founded by Ramaswamy. That position is roughly a year old.
It's hard to know what is real and what isn't with James Fishback and the DOGE dividend, given it's hard to know what's real with James Fishback altogether.
A court will determine if Fishback violated his employment agreement with Greenlight Capital. That decision may point to the DOGE Dreamer's underlying character, which may help people discern reality in other potentially fishy areas.
Update 2-24-25: My wise friend wrote:
Your fishy DOGE dividend story describes what all private equity pass through entities do with an overburdened debt structure, which is to create a pass through entity before the structure collapses. They are handing out bread crumbs to accelerate and allow you to participate fully in the collapse. MORSELS for the masses, big plates for the INSIDERS/ oligarchs who bring the big knives and forks into the U.S. resource carve out. They have everyone rooting for their own destruction! Are you entertained ? Winning !
Consider the timing of this political manna from heaven:
The idea took off on Tuesday when Fishback tweeted about it and Musk responded, pledging to share the idea with Trump. The president himself promoted the specifics of Fishback’s idea from the stage at the FII Priority Summit in Miami Beach on Wednesday.
Given Fishback's association with DOGE, Ramaswamy and "White House workers" this reads like a manufactured communication. How many dreamers have access to the Chief of Staff and speak of that person on a first name basis?
"We sent it to [White House chief of staff] Susie [Wiles], sent it to some folks in the admin, sent it to some folks at Treasury, and here we are a day or so later, with it being shared with President Trump from Elon. And so it’s exciting.”
Dream, exciting ...I can see future history books, where it is written:
"James Fishback had a dream, oh, that poor handmaiden....no, not that one.. James had a dream that Trump II, the digital Caligula could pump even more cash into the pockets of income tax paying Americans."
The masses may believe a DOGE check could be theirs, but not so fast low-income households.
the rebate would be sent only to households that are net-income taxpayers — people who pay more in taxes than they get back — with lower-income Americans not qualifying for the return.
A manufactured story for a manufactured strategy to send Uncle Sam's cash to non-poor people. That fits.
Update 2-25-25: Trump shared Fishback's dream idea at a heavily attended PEU event, FII Priority.
Update 2-26-25: Red Team members of Congress shared concerns about the DOGE dividend. One said the following according to Fox News:
"I think it's childish. Now we want to take the money for waste, fraud, and abuse that was collected by the federal government and give everyone $5,000…or we could just pay off the national debt, or we could use that for the next round of appropriations we have to pay for here in Congress."
Update 2-27-25: National Economic Council Chief Kevin Hassett pumped the DOGE projections and revenue expectations from Trump II's $5 million immigration purchase program. He supported the DOGE dividend check even with remaining deficit spending.
Update 3-1-25: Fishback toldNewsNation the dividend is "restitution" for crumbling roads and bridges as well as for veterans being denied essential healthcare. The DOGE dividend is like crypto with its unending reasons for being. None of the crypto rationalizations make sense and the DOGE dividend is similarly vapid. Predators, like Fishback, are convincing to most people due to the passion with which they spout drivel.
Fox Newsreported that Jordan Belfort, the Wolf of Wall Street, came out in support of Elon Musk and his Department of Ungodly Greedy Executives (DOUGE). Belfort stated:
"Listen, it's like the oldest trick in the book. Back in the day when I wanted to hide my spending from my father, who worked for me — he was the gatekeeper… So what do you do? You just leave everything blank where the money goes. Who knows? You can't trace it."
The Treasury review cited missing accounting codes, not payee information. There's a trail to track possible fraud.
Belfort was convicted of securities fraud and money laundering, both of which required evidence of wrongdoing.
....plea deal with the FBI for running pump-and-dump schemes that led to investor losses of a staggering $200 million.
Musk's assertions of "widespread fraud" in the Treasury payment system are just that, assertions. Someone in law enforcement traced Jordan's criminal trail, even after he "left everything blank."
Bitcoin afficianado Michael Saylor compared FTX's Sam Bankman-Fried to Belfort in November 2022.
"I mean, in fact, in a sense, SBF is like the Jordan Belfort of the crypto era. Instead of 'The Wolf of Wall Street,' they'll make a movie called 'The King of Crypto.'"
Why would Fox News interview a convicted con man who's been compared to FTX's Sam Bankman-Fried? SBF pled guilty to seven counts of fraud, including "wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering."
SBF is angling for a Trump pardon so he can join the new religion crypto crowd as a reformed wrong doer. Belfort may or may not be happy to share this niche with Bankman-Fried.
LondonRealpromoted its interview with Belfort with:
Jordan, a born salesman with a penchant for the high life and an almost effortless ability to generate money
Coming to the defense of the richest man in the world? That could generate some ka-ching.
CNNreported on Elon Musk's drug use in March 2024:
Musk, who is known for his often erratic behavior, has faced scrutiny following recent reports about his alleged drug use and the potential impact on his companies.
Musk said his investors should want him to continue using prescription ketamine. What about the American public? Self medicating does not rank high in my list of job qualifications for DOUGE Chief/non-chief.
Trump axed the people concerned with rooting out waste, fraud and abuse, Department Inspectors General. That enables Musk to offer shoddy evidence of financial fraud, with few to no challenges.
Beware the convicted fraudster pointing out poor management practices as "fraud" with the intent of committing more fraud (crypto, defi, NFT....).
Born salesman...penchant for the high life....effortless ability to generate money
Those descriptions apply to many people in the public eye. What do you call a multilayer conman scheme?
We are dangerously close to that very thing, if we have not already arrived. When the biggest bull shitter joins the lie, watch out. I suggest it be called "the Belfort Indicator."
Update 2-25-25: DOGE's wall of receipts dropped a number of items previously listed.
Department of Ungodly Greedy Executives (DOUGE) chief/non-chief Elon Musk expects nearly 1.9 million reports from federal workers as to what they did last week. No report, no future employment.
His request went out Saturday afternoon and replies are due late Monday. There is no credible management theory that enables one to see the need for a job based on activities performed in a holiday shortened week (Presidents Day - February 17, 2025).
Workers are afraid while those with blatant conflicts of interest have zero worry. The good news is their ill begotten riches remain here after they die. Usurpers will answer for the hell they make for their fellow citizens on this earthly plane.
TechGods want to supplant God on many fronts. They may win for many months or years but:
The arc of the moral universe is long, but it bends towards justice.- Dr. Rev. Martin Luther King, Jr.
"Just us" TechGods and PEU Legends have the ear and steer the gears of government. It's time for Congress and the people's house to reign in these absurd excesses.
No one wants to get hit by a blast from a short blunderbuss with its large bore, not a federal employee or member of Congress. But Elon is firing, seemingly willy-nilly.
Update 2-23-25: Musk's Human Abuse department sent the e-mail to federal employees asking what they did last week. The lack of a 5 bullet response will be used to terminate people, while good responses will indicate people worthy of promotion. All this from a guy who self medicates.
Update 2-24-25: Management experts mostly panned Musk's e-mail stunt as horrific management. So we know TechGods are supremely bad at customer service and HR....why are they remaking government in their image?
Michael Saylor spoke at Future Investment Initiative Priority in Miami on Wednesday. FII is a creation of Saudi Arabia's sovereign wealth fund. Thursday Saylor spoke at CPAC, which may need a name change to Circus PAC. Saylor said:
"Bitcoin represents the most powerful technology force for conservatism in the world."
I could find no prior talk by Saylor at CPAC, which one might expect if "conservatism" was a basic Bitcoin construct. His website states:
"Bitcoin is a bank in cyberspace, run by incorruptible software, offering a global, affordable, simple, & secure savings account to billions of people that don’t have the option or desire to run their own hedge fund." - Michael Saylor
Bank, savings account, hedge fund? Wow, no wonder Uncle Sam doesn't know how to regulate it.
High tech thieves, however, know how to steal it. The day after Saylor spoke criminals cracked Bybit, making off with $1.4 billion in Ethereum. Forbesreported:
On February 21, 2025, Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,347 ETH, valued at over $1.4 billion. This incident has sent shockwaves throughout the digital asset industry, underscoring persistent security vulnerabilities.
Trump II's crypto push started pre-coronation with his double meme-coin offering, $TRUMP and MELANIA. Argentinian President Javier Milei joined in the meme-coin fun with his hawking/non-hawking of $LIBRA. Milei appeared at CPAC, as well. He gifted his campaign "chainsaw" to Elon Musk.
Musk told the crowd "This is the chainsaw for democracy." Musk's Department of Greedy Executives has been hacking at democracy's limbs.
What happens when the "smartest guys in the universe" align with our political Red Team? The geniuses become dumber than a freshly chain-sawed stump.
Take Crypto Czar and TechGod genius David Sacks. His recent post stated:
The deficit started when President George W. Bush gave tax cuts to the wealthy and started two wars, Iraq and Afghanistan. It grew under President Barack Obama and his bailout of America's wealthy financial institutions from their greed and financial risk mismanagement. Trump I cut taxes further for the super rich before pumping money to businesses and citizens in the COVID pandemic. Biden continued Trump's COVID cash dispersal as well his deficit spending.
Trump II, the digital Caligula wants more tax cuts for the super wealthy and DOGE's job is to slash expenditures. The newest idea of offering DOGE rebates seems silly as the overall budget is projected to remain in the RED. If Trump II moves ahead with "stimulus checks" will they be paid in crpyto? I can see it.... $TRUMP in every pocket...
Lord deliver us from this parade of tools. They have nothing to do with loving you or loving our neighbors.
Update: Musk's DOGE cut funding for ALS research. A Georgia Congressman told an angry townhall that a lot of the work done by CDC probationary employees "is duplicitous with AI."
The ALS Association has not offered that same line in regard to NIH grant cuts. They want supporters to contact their Congress persons.
Department of Ungodly Greedy Executives (DOUGE) chief/non-chief Elon Musk was awarded the Argentinian chainsaw by President Javier Milei at CPAC.
The chainsaw was fresh from use as a carpet tool. Milei promoted/non-promoted memecoin $LIBRA, which soared after his social media post only to later crash.
The wallets making big off $LIBRA were the same profiting off Trump's pre-coronation meme-pair.
Real conservatives would have egged this pair off the stage.
Trump hit the links at his golf course in Florida today before his address at the FII Institute.
His remarks at the Saudi backed Future Investment Institute (FII) meeting included:
You can’t work at home. They’re not working, they’re playing tennis, they’re playing golf, or they have other jobs, but they’re not working, or they’re certainly not working hard. You could never build a company or a country with that."
Trump cited his "King like" persona while attending a meeting sponsored by the Saudi Crown Prince. Potentates often have little insight into their actions vs. words:
Trump spent at least 7 out of his 29 days in office playing golf
The Miami FII crowd included son-in-law Jared Kushner who manages billions in Saudi Public Investment Fund (PIF) money. FII is part of PIF. PIF invested in LIV Golf which holds many events at Trump golf courses.
Back to Trump's address, the highlight of the FII Priority meeting. The speaker's list had a number of TechGods, private equity underwriter (PEU) legends and cryptobros. Some wore multiple hats.
Trump II, the digital Caligula spoke for free. Representatives from Galaxy Digital and Moonpay, crypto firms that aided his Fight, Fight, Fight meme-coin launch, were at the meeting.
It takes a corporate village to create billions out of thin air. Trump knows this well.
Saudi Crown Prince Mohamed bin Salman knows how to get money from royal family members and key corporate leaders. The Prince also knows how to reward loyal supplicants.
The U.S. has an aspiring King, according to Trump's recent social media post. Long live the Donarch! May he play many rounds around the globe, all on the public dime.
Update 2-21-25: Yesterday Bloomberg extolled the virtues of Ares Management and Michael Arougheti. Arougheti is a partner in David Rubenstein's Baltimore Orioles. Rubenstein's daughter Elle was a speaker at FII Priority, as was Arougheti.
