Insufferable TechGods Go Banking

Billionaire TechGods hope to open a digital only bank in Columbus, Ohio.  The group includes TechGod of War Palmer Luckey, TechGod of Spying Joe Lonsdale and Superior TechGod Peter Thiel.  

Erebor, the people-less digital bank, will fill the void left by the collapse of Silicon Valley Bank.  Really, regulators are going to approve a new bank for the person who took down the old?

If it had been Apple Valley bank with regular folk the normal FDIC max of $250,000 would have held.

Erebor will be a crypto focused bank and hold stablecoins, also known as "the pretty."  Thiel already has a Bitcoin Treasury gig with Anthony Pompliano's ProCap Financial.  

Erebor's name has interesting roots.

Straight from the Underworld of Dark TechGods, the live forever, tax hating variety.  These are the people benefiting from Trump II's Big Beautiful Shirk & Jerk.  They freely take from the Treasury, but hate to give.

Erebor is a churn play by Palmer Luckey who plans to employ 4,000 workers by 2035.  Those people need a bank.  Why not a captive one?

Trump's Big Beautiful Shirk & Jerk

To celebrate the passage of Trump's big beautiful shirk and jerk benefiting the billionaire class, the Trump Organization is releasing a truly one of a kind music masterpiece.  "There really has never been anything like this.  Not in the history of the world."

Donald Trump sings the Hits of the 80's New Wave era.  

Trump noted making the record brought back memories of the 80's palling around with Jeffery Epstein and his cadre of child sex victims.  

In his sales pitch Donald noted people can download the album on their new Trump Mobile T1 phone, possibly made in America or a country that rhymes with it, or a country that does not rhyme, in which case it would be Bust dat Rhyme.  The T1 comes with a White House number pre-loaded.  It's listed under "Daddy."

Trump expects big sales of both the phone and album on Amazon.  Please buy both items ASAP as Jeff Bezos has a big wedding bill to pay.  

Trump noted that he did not touch Medicaid, Congress did with a little help from the special executive department DOUGEBAG (Department of Ungodly Greedy Executives Biased Against Government). 

Just like he did with government operations, Trump is turning over Medicaid to the TechGods.  Good luck navigating the proof of work portal, guaranteed to give one cardiac arrest or, if kicked off enough times, a major stroke.  

Which leads us back to the Big Beautiful Shirk & Jerk, benefitting billionaire private equity underwriters (PEU) and their new TechGod brethren.

TechGods are coming after your language and cognitive skills.  Just in case they are already having an impact, the Trump sings the 80's is a joke, DOUGEBAG is a takeoff on DOGE, but pretty much the rest is accurate.

Insider Money Funnel on Hyperdrive

DOUGEBAG could not find hundreds of thousands in wasteful spending, specifically $600,000 for golf carts and $80,000 for portable toilets (as it would not be right for nonmember Secret Service agents to use club facilities.)

The insider money funnel continues pumping huge sums to government officials with full time jobs like Governor Kristi Noem who got $80,000 for fundraising.  Noem did not declare this money when she became Homeland Security Chief.

Former Congressman Matt Gaetz has been offered a home run payment of $2 million for a major deliverable, one requiring Gaetz use all his connections to Trump II, the digital Caligula.

So while the Red Team was circulating serious green a citizen in Miami was rounded up by police and thrown out of a meeting.  Their offense?  The expectation that a question would be answered.

That citizen failed to show up with green fuel for the insider money funnel.  No acknowledgement of you...no answers as you are not really there.

New Party Time in the Schism

The dynamic duo of Pablum and Doink has deteriorated to the point that one must go.  The two billionaires paired orbits to get Pablum elected and Doink the opportunity to impart his mark on government via DOUGEBAG (Department of Ungodly Greedy Executives Biased Against Government).

DOUGEBAG employed the private equity underwriter (PEU) playbook.  That includes substituting people for crappy, incapable and unreliable technology.

Their two massive egos eventually repelled one another.  Pablum created his own new universe which takes common words in use for centuries and brands them as new on his social media site.  I expect he'll eventually put them all in a book and sell it, Creations by Pablum:  Usurped from Webster.

Doink returned to his six five companies and his six five part-time CEO jobs.  A former business partner said this of the fractured relationship between Trump and Musk:

“Knowing Elon the way I know him, I do think he’s going to do everything to damage the president.”

That appears to be underway.  Pablum is known for punching back harder, so this could quickly get out of hand.  How long before the two go supernova?  Beware the blast radius.

Update 7-2-25:  Jesse wrote:

I have trouble finding reliable sources of information these days. 

 And when it comes to making careless, clickbait statements of speculation, excess is considered the rule. 

 This is the age of puffery. And the cheeto-bandito is the puffiest.

And I thought Pablum nailed Trump II, the digital Caligula.  Add Puff Daddy Cheeto-Bandito to the list.