Air Force One is headed to meet its possible replacement, a luxury flying palace currently owned by the Qatari Royal Family. It's not clear when the two planes may meet.
I worked for a CEO like this. Nothing that existed when they were installed was good enough. Everything needed to be replaced, redone, removed, refurbished and all for the new CEO's glory.
Every personnel interaction was also to reflect on the CEO's genius, handsomeness and impeccable dress and decision making abilities. Gifts were expected and none of that trashy stuff.
Trump II, the digital Caligula, is headed to the Middle East, specifically the area where the Trump family is doing the most business, real estate, crypto, speaking fees, private equity underwriting (PEU).
The White House stated it's not clear if the "Sons of Monarchy" are coming along. Don Jr. will be in Qatar for the Qatar Economic Forum on May 21, speaking on "Investing in America." His partner on the stage is his PEU partner at 1789 Capital and these two are the lead investors in "Executive Branch", a D.C. club that promotes access to the Trump Cabinet and other political heavyweights. No opposing political parties or press!
The Trump family's other PEU is Jared Kushner's Affinity Partners, which currently manages $4.8 billion for the very same countries the President is visiting.
It's not clear if Affinity Partners is investing alongside the Trump Organization and Dar Global by taking an equity stake or providing debt funding.
PEUReport has done a number of pieces on Trump conflicts and below are four prior graphics mashed into one. I took the liberty of adding the relevant country to each slide
If Trump is getting a $400 million plane in public watch out. Something bigger or darker is going on behind the scenes. The World Economic Forum is about to be schooled on the appearance of "deal making."
I imagine something like this should the very stable genius get asked about his new WLF coin:
Trump: USD1 stablecoin? I have nothing to do with that. Oh, is that my image on the graphic from WLF? It looks the same as on my new tiny statue in the Oval Office.
Reporter: That is does sir. Are you firing the dollar next?
Trump: Maybe, you just watch me....
He's remaking the world in his image and for that we suffer. Anyone need an Unstablecoin? It is the Era of the Savage Whim.
Update: Air Force One left this morning to haul Trump II to Saudi Arabia, Qatar and the UAE. He mocked the Constitution once again by disparaging those questioning the wisdom of his whimsy. Follow or Uphold? "I don't know that I do....
Update 5-24-25: Funding Trump's Big, PEU-tiful Bill's growing deficit is the new reason to enact crypto regulation. Stablecoins, the monetary Swiss Army knife, are being lauded as the new buyers of Treasuries as foreign investors dump U.S. assets. Trump's World Liberty Financial has the USD1 stablecoin, complete with his profile.
