Friday, August 22, 2025

State of the PEUnion - August 2025


Our PEUnion has never been in finer shape.  The masses are adding private equity and private credit to their 401(k)'s.  Private equity underwriters (PEU) are able to lever commitments from continuation funds to return cash to investors.  The public remains unaware of the decades long catering to the greed and leverage boys by our leaders in Washington, D.C.  Politicians Red and Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.

Why should the alignment of politics and PEUs matter?  What would happen if people became aware of this back stage behavior?  

Knowledge is prediction.  It requires theory and testing of that theory.  It is explanatory.  It is not a market, although markets can be studied. It is not probability, although that too can be modeled and sold.

Artificial intelligence is inference and utilizes the vast information and garbage that has been digitized.  Shifting through the internet garbage is a massive job and AI queries often correspond with "garbage in-garbage out."

Politics is garbage.  It distorts data for electioneering purposes.  It operates government for political advantage in the "never ending campaign" cycle, which renews every millisecond.  It changes the meaning of words such that they have no meaning.

Our current President operates the Red Team's political garbage truck, filling the back as he drives.  In goes Trump's gross errors in perception, as well as his wasteful, expensive and theatrical interventions that do nothing to address the roots of the miniscule reality portion of his misidentified issues.   Trump is able to extend his neck as he drives and vomit into the rear receptacle his patented "venal preemptive haymakers" aimed at his perceived political enemies, most of whom are just doing their jobs.  Many of those haymakers are sins Trump himself has committed. even charged with actual criminal behavior.

The checks on this significant personality disorder are virtually nonexistent.  Congress is morally and ethically absent without leave, endorsing "his malevolence" at every turn.  The Supreme Court generally approves Trump's venality on an interim basis while turtle walking major Constitutional issues.

The public can only hope that Trump's molestation of American democracy requires him to exert so much effort to achieve his $200 billion profit-gasm that he collapses in exhaustion.  Rest assured, like his first term in office, Trump will spend and spend and spend public money for his personal issues and private gain.  

Trump's cruel actions show he has a bad heart.  Blood circulation in his lower legs is constricted.  He is about 5% of his way to his $200 billion net worth goal for 2028.  That's a lot of pumping for a 79 year old man.  I hope his vessels and vassals can take it.