The 2026 Milken Global Conference is in its second day. Founder Michael Milken is the former Junk Bond King who perfected leveraged buyout organizations (LBO). LBOs have since been renamed private equity underwriters (PEU) and they turned out in droves yet again for the conference, nicknamed California Davos.
Also in attendance at the event are TechGods and elected officials of both political stripes. TechGods shifted heavily to the political Red Team, attracted by access to Uncle Sam's wallet and holding off any regulatory oversight. If TechGods are known for anything, it's their ability to harm innocents as well as offer abysmal customer service.
Any decent elected official would not offer these people carte blanche anything, much less overlook widespread intellectual property theft while continuously cutting their taxes.
Not pictured for the Red Team is Glenn Youngkin, both a PEU and former Governor of Virginia. He is at the event and was interviewed this morning on the future of American politics by none other than Rahm Emanuel. Both men have PEU ties, Youngkin with The Carlyle Group and Emanuel with Centerview Partners.
Just as PEUs can be on both sides of a deal (debt/equity), they can sit on both sides of an interview and occupy both sides of the political aisle.
Not pictured is former first lady Jill Biden and former Defense Secretary Lloyd Austin. They are also speakers.
Global tamperers gather regularly throughout the year. It's nice the Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren. Increasingly, more are one.
Update: Milken's program description stated Rahm would interview Youngkin. The actual session showed a moderator from WSJ:
I added the logos of their respective PEUs and the quote at the bottom of the slide.
Trump's memecoin ($TRUMP) may soon be renamed given its loser status. An invite to the "most exclusive crypto and business conference in the world" provided no lasting increase in his memecoin's price. $TRUMP has fallen since the event.
$TRUMP holders may be so disappointed that they come down with a case of TDS, "Trump Disappointment Syndrome." It's growing exponentially as people watch Trump II flail about.
His approval rating is sinking like a $TRUMP memecoin. That requires the big money boys to act. TechGods, PEUs and CrypytoBros may be tiring of him always calling with his hand out. Middle East Sovereign Wealth Funds are livid over Trump's jacking up of the Strait of Hormuz.
The big money boys are sending messages left and right to Trump II. LIV Golf which held events at Trump golf courses - gone. Funneling money to Trump II and his family via $TRUMP - evaporating. We'll see if those Middle East real estate ventures remain on track.
Former MAGA mouthpieces are finally waking up and saying the man isn't very Christian. Tucker Carlson asked recently if Trump is the anti-Christ (a favorite topic of TechGod Peter Thiel). At the Doha Forum in December Tucker announced his purchase of a home in Doha, Qatar.
Carlson said being around Trump is like a hashish high due to his supernatural powers. I didn't realize bullying was a supernatural power. A bully in the White House has many ways of amplifying the power differential.
When the King holds court, loyal attendants must be nearby in case they are summoned. A schedule is a plea from the supplicant and the King will address it at his leisure. He will get to you if you are important enough. If not, you can return another day.
Supplicants query as to the mood of the King. Once a person leaves the Oval Office looking as if they have been violated, the line disappears. It only reforms after an "all clear" from the King's attendant.
It's a total loss of agency. Trump usurps everything. The system is set up for the bully's will to prevail, for his image to be elevated and your voice to be diminished. The best one can do is come out with a little trinket. His enforcers will ensure they finish off whatever damage Trump started.
What took you people so long? You've been immersed in a dysfunctional, sick, twisted system for a decade. Plenty of people in that same system noticed his savage whims and worked hard to stop Trump's return to office.
The big money boys and their think tank stooges have decided Trump is done. The framing is underway. Beware the next person they tap in. They will likely be far more slick and refined.
Trump is too brash, arrogant and self-absorbed to sell the dumping of Social Security or Medicare. The public won't buy. He couldn't even sell a war against religious tyrants.
Relatively untaxed TechGods have a taste of Uncle Sam's treasure and they want far more for themselves and less for the little people (upon whom they spy, addict, harm, track, belittle and no longer employ).
That means wrapping AI in Christian missionary terms, like savior. It will create heaven on earth (or Mars). It means returning the church to its Roman days, when the church provided for the social needs of members. Did Marco Rubio preview that in his meeting with Pope Leo?
$TRUMP has a new Trump Coin Club.
How about an invitation only meeting/private dinner with the Pope? Was that Marco's play?
It's $TRUMP's third leaderboard in honor of our world bleeder of souls.
Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren. Increasingly, more are one. One side is very unhappy. The big money sponsoring American politicians is not getting value for their investment and their one skill is upending apple carts. Lots of bruising is on the horizon.
Former private equity underwriter (PEU), U.S. Senator and College President Ben Sasse believes TechGods usurping of God's various realms will bring challenges but eventually pave the way for a renewed community based on family, neighbor and a spiritual rebirth which respects faiths of all stripes.
Sasse is charitable in not projecting social media and other addictive harms forward to AI. He never strikes out at obvious imbalances brought on by arrogance and greed, the poster children of such are PEUs and TechGods. Sasse noted their political benefactors who favor self over service and use language to divide while scoring short term wins.
Sasse irritated me in the past as I considered his "loneliness" epidemic to be "leadership abandonment" of common folk. No more.
I am grateful to have heard his words. They are needed given the number of dark arcs rising at home and across the globe where leaders impose widespread harm on their populations for the sake of appropriation of power and resources.
To his warning I add my own. Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren. Increasingly more are one and for that, citizens suffer.
Update 5-3-26: My wise friend believes Sasse served the PEU class and himself and did not hear much in the way of regret on these fronts, other than the box of hotel room keys.
I find it kind of funny for a man that preaches community to always be taking away from others as part of a policy strategy. Maybe our dear friend Ben has never dealt with financial insecurity, obsolescence, and deprivation. These things create stress, especially when the leaders do all of the taking and none of the listening.
To make reference to Edmund Burke given his critique of the French Revolution (extreme inequality among the masses) in an interview to quell the polarization of the nation struck me as a dance meant for another floor.
His use of the word capitalism and regulation signified it's not the system but the player's responsibility. Oh that's right he's a Calvinist. I'm still not even sure what that word is given the predeterminism and elitism of its religious philosophy.
He spoke about technology being the core of our problems but it didn't stop him from taking money from Microsoft and Google.
I also wonder how it feels to have worked against health care for the masses and now needing so much for himself.? God works in strange ways.
I wonder how others in a similar terminal health situation do if they are not set up financially with a salary for not working and a home that doesn't require rent? Maybe I am being too harsh but I felt it's too choreographed.
My daughter went to the University of Florida So I remember the budgetary changes plus his over the top parties for friends. It's a real poor community in Gainesville. Charity begins at home. Soup kitchens anyone?
Sasse did not own up to the harms he encouraged, implemented and enabled in his various roles where money flowed to him and his various peer sets. My wise friend made that clear.
It's interesting to note the multiple themes the political realm has going at the moment:
1. The return of actually living the Gospels within Christianity (contra Trump - the penultimate Old Testament King).
2. The earthly heaven that awaits due to AI and technological advances
3. The need for the government to structure, fund and subsidize these corporate efforts while cutting actual services for people.
4. Gospel speaking Government will shift the burden of "people care" to the Church.
The pairing of the first three should be nails on a chalkboard given the widespread harm TechGods have already inflicted on society, Trump II's history of savage whims and his cabinet's buffoonery and operational incompetence.
Trump II will need to be jettisoned for the fourth shift to occur as it needs to appear to be a peer to peer transfer. Trump has no peers.
If God has predetermined that Elon Musk lives forever and garners 200 million shares of SpaceX then let it be so. I think that's earthly machinations dangled by TechGods to steer attention away from their actual magic, picking Uncle Sam's wallet and mobilizing regulatory heft toward meeting their obscene, outsized needs (to the detriment of the common person's agency. privacy and integrity).
The moral fiber of the oligarchs and financiers is negligible, and their concern for others is worse.
It's not that they simply do not care. They see the rise of lawlessness as government is undermined as an advantage.
If the great mass of people are impoverished and impaired, it makes the country all the more pliable for their depraved plans of inhuman acquisition and control.
This is being propagated from the top, from several seats of worldly power. And the weak-willed and the corruptible are being taken up in this maelstrom of malevolence.
But whatever happens, you can certainly affect how you act, how you choose to respond.
And this is what, in the end, really matters. This is what it is all about. Little will remain in the relative blink of an eye, except for your soul. That is what this is all about.
There are people who see and say something. I am grateful to them all.
The Trump boys and Dominari strike again. They plan to shift a NASDAQ company from resurfacing existing building exteriors into a rare minerals juggernaut. And it will do so with Uncle Sam's help.
Skyline Builders Group Holding Limited (NASDAQ:
SKBL) is a Cayman Islands exempted company with limited liability with
its main assets focused on the construction industry in Asia. In
the third quarter of 2025, a group of US investors, led by American
Ventures, took control of SKBL via a significant cash injection with
a goal to divest of the legacy Asian construction business and acquire
assets in the critical material supply chain. SKBL seeks to become
a highly strategic supplier of critical minerals and nuclear fuels and
will focus on supplying customers in the United States preferentially
over customers in other regions to ensure that US customers have access
to the critical materials they require. In November 2025, SKBL
announced that it had subscribed for an approximate 20% membership
interest in an LLC involved in the critical materials supply chain.
In April 2026, SKBL announced a Transaction Agreement to effect a
business combination with Cove Kaz, a U.S.-backed critical minerals
development company focused on advancing strategic resource projects in
Kazakhstan.
American Ventures has three funds associated with Skyline Builders. SEC filings reveal the first (American Ventures LLC, Series XIX SKBL) was for $17.5 million (9-9-25)
The second (American Ventures LLC, Series XXXII SKBL II) for $30 million (12-9-25) and the most recent (American Ventures LLC, Series XIII SKBL III) for $20 million (3-27-26). It also has one associated with KAZ (American Ventures LLC, Series XLI Kaz) at $14.3 million (3-30-26).
Was American Ventures/Dominari on both sides of the deal prior to bringing the two companies together for fees? If so, how private equity or Elon Musk of them.
Dominari ran a $3 million private placement for Skybuilders on 3-30 for 2Shores American GP Corp. The filing has no other information on who is behind 2Shores American GP Corp. The address listed is associated with a $400,000 promissory note (at 18% interest) for Simply, Inc by Taylor Capital (1-26-2021). As the address is a 6,000 square foot home in Fort Lauderdale there is no assurance that this is the same person or company. That said, someone in South Florida got in on the deal prior to big merger announcement.
For the Projects, the Export-Import Bank of the United States (EXIM) has issued a Letter of Interest for up to $900 million in project financing, and the U.S. International Development Finance Corporation (DFC) has issued a Letter of Interest for up to $700 million. Cove Kaz will be responsible for marketing 100% of project output and has entered into a Letter of Intent with the International Trade Administration at the U.S. Department of Commerce to prioritize U.S. Government and American commercial needs. Total development costs are estimated at approximately $1.1 billion.
The investor slide deck on the merger cites "exceptional U.S. government support."
Dad's White House is at the top of the various government agencies aiding the Dominari/American Ventures effort.
They also recently invested in a Bermuda bank, hoping to turn it into a major stablecoin player.
The Carlyle Group, a politically connected private equity underwriter (PEU), once owned a Bermuda bank, Biutterfield Bank. Carlyle requires its affiliates to buy from other owned companies even if the price is not the best or if it received lesser quality. It also did its own broker work and compliance reviews, so no conflicts of interest anywhere!
The Trump boys make bank on Dominari deals in similar fashion. They have a stake in the affiliate, get a cut of the fees which magnifies the value of their Dominari equity holdings. It's a cycle, which tainted by political connection and the absurd volume of winnings, is distinctly greedy and unvirtuous.
Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren. Increasingly, more are one and their sons shall be far richer than their fathers.
"Dad, Dad...can we sell the federally subsidized tungsten using stablecoins? Can we Dad?"
King Charles and Queen Camilla dined with U.S. royalty at the White House. The invitation list included private equity underwriters (PEU), TechGods, conservative media mouths and Trumps.
Marc Andreessen opened an office in Washington, D.C. shortly after affiliate Synapse collapsed. Mediumreported on the event in June 2025:
Synapse, backed by Andreessen Horowitz, served as middleware for approximately 100 fintechs and 10 million end users. Its Chapter 11 bankruptcy filing revealed a shortfall of $65–$96 million in customer funds, with $54 million in deposits still frozen as of September 2024, stranding thousands of users. The crisis laid bare the risks of complex middleware systems that promised seamless integration but faltered under scrutiny [1].
Scrutiny? More like failed under real world use.
Gaps in ledgering contributed to millions of dollars in unreconciled customer funds, a cautionary tale
Blackstone co-founder Stephen Schwarzman just complained about the press and social media's "intensely negative campaign" against private credit (which mostly lends to private equity).
For once the little people don't trust the moneyed class to make good on their bets. Schwarzman never shared that family offices and sovereign wealth funds were the first to line up at the private credit withdrawal window. Retirees joined in when the line backed up enough to enter their view.
PEUs and TechGods are largely an insufferable bunch, spoiled by decades of accumulation of money and power. Fitting that America's First Family shares similar characteristics.
Everything is a story and when examined they mostly turn out to be hollow sales pitches from the people who brought us dynamic pricing and variable truth.
Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren. Increasingly, more are one.
An AI agent powered by Anthropic’s leading Claude model has deleted a company’s entire production database, leaving customers unable to access key data.
“We are a small business. The customers running their operations on our software are small businesses. Every layer of this failure cascaded down to people who had no idea any of it was possible.
TechGods: Giving customers headaches they don't even know to ask for.
TechGods giveth the database and their AI taketh it and all backups away.
Congress sat on its hands for decades freeing TechGod products to harm children and people. I doubt that is coming to an end, not while TechGods adorn White House state dinners.
The White House reportedly fired the members of the National Science Foundation Board on Friday with little explanation.
The National Science Foundation advises the President and Congress on top scientific issues. The foundation's grant projects withered under DOGE with over 1,000 grants eliminated in April 2025.
The board is comprised of 25 appointed members serving six year terms. As of Friday the board had 22 members with most being university professors/administrators, while others are from the private sector.
One member is from Kleiner Perkins, a politically connected private equity underwriter (PEU) that invests heavily in tech. Former Vice President and Senior Partner Al Gore represents the Blue Team for Kleiner Perkins.
Trump II wants to steer the money to Red Team supporters while engineering profits for family members. It's a fractal repeated at various levels and scales across his administration.
I would say Trump needs better advisors but he does not listen to them. They are but props on a stage for the greatest leader ever to adorn the "halls of gubment."
Trump II and his TechGods/CryptoBros are in the midst of another hostile takeover. For that our country suffers.
Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren. However, the Reds do so in the most controlling manner possible while ceaselessly demanding donations.
How much will Trump II charge for a NSF board appointment? OpenAI Sam Altman already sends lots of money to Trump/Red Team initiatives.
OpenAI has come under fire for enabling criminal violence in Canada and the U.S. (Florida State mass shooting). OpenAI's "proactive" reaching out came after both crimes were committed. How is that proactive?
Elon Musk encouraged Neuralink staff to work like they had a bomb strapped to their head, a fear inducing extrinsic motivator.
Imagine what these guys' lackeys can do at the National Science Foundation. Everything is delegated now. The genius penises just come up with the ideas.
Fire the board, pardon them all, work in a recurring fee.....
Trump II fired Navy Secretary John Phelan, a private equity underwriter (PEU) mid-excursion into Iran. The current naval blockade is the President's signature strategy to get the Iranians to fold (even though they have no cards). Phelan cited two factors in his leaving, "competing equities" and "internal friction."
Here's why Phelan might choose the words "competing equities."
John Phelan is the Cofounder and Chairman of Rugger Management. Prior to launching Rugger, he cofounded MSD Capital—Michael Dell’s family office, as well as MSD Partners. John helped MSD post double-digit net returns and over $20bn in profits during his tenure, and serves as Chairman Emeritus. Before starting MSD, John was a Principal at Eddie Lampert’s ESL Partners. John was responsible for ESL’s Special Situation and Distressed Investments, and helped grow the firm from $50mn to >$2bn in AUM. Prior to ESL, John was a VP at the Equity Group and in charge of acquisitions (Western region) for Sam Zell’s Zell-Merrill Lynch Real Estate Opportunity Funds. He also spent a summer with Richard Rainwater. John began his career at Goldman Sachs, where he was a financial analyst in the Investment Banking Division and was mentored by Hank Paulson and Byron Trott.
His financial disclosure showed 10 different Rugger entities, all with the value column left blank. It also showed he owned stock in Apollo (private equity/private credit) and Blue Owl (private credit with a dabble of private equity).
Trump II spun the firing as a win for everyone. Phelan can even come back.
John Phelan's hiring as Navy Secretary was part of a strategic move to pair the Pentagon with PEUs.
Yes, leverage is just what the Pentagon needs. America citizens who worked for those thousands of PEU sponsored companies know how financial and operating models benefit owners/executives and harm employees/customers.
Secretive are PEUs and the Pentagon. Neither share the most basic financial information, PEUs because they don't have to and the Pentagon because they don't know it. What a pairing.
Politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one.
TechGod Elon Musk painted an image of an earthly heaven, created by AI and robots.
“Actually, AI/Robotics will mean everyone can have a penthouse if they want.”
"Movin' on up to the deluxe apartment in the sky..." - lyrics to the theme song for the TV show, The Jeffersons with main characters George and Weezy.
Elon knows he is lying just as he did for the last five years on Tesla's self driving capabilities.
Fellow TechGod Mark Zuckerberg did a number on his staff with two announcements, everyone would be tracked to train AI and 10% of the workforce will be laid off.
Hardware TechGod Jensen Huang said AI won't take your job, it will be a more oppressive boss than the insufferable gits workers have had to endure under private equity underwriters (PEU) and TechGods to date.
Decades of private equity economic metastasizing produced an assessment from an insider.
The public experienced this in workplace after workplace. People also interacted with TechGod products/apps and experienced addiction and other harms.
TechGods know what they've designed and keep their kids away.
In closing, the "penthouse" Elon Musk is referring to is:
a. in the Metaverse
b. a girlie magazine
c. in the carnival chicken coop and you are the Geek.
Those who purchased Elon's full self driving hardware can clue the rest of us in. I'm sure Elon will put them at the front of the line for those penthouses, be they a, b or c.
Update 4-25-26: Jesse's Cafe Americanshared a disappointing series of queries with ChatGPT. His clsoing words are intended for our world leaders but apply as well to the PEU/TechGod bunch driving actual policy.
...let's see what happens, what fresh madness the vain and the rapidly decaying will unleash, before they pass on to well-deserved obscurity. That which has no love scatters quickly into nothingness and dust, unmourned and ill-remembered.
Trump II's picture is next to the website banner: "One Day, One Room, The World's Power Players."
It's the "most exclusive crypto and business conference in the world" and the luncheon will occur tomorrow at Mar-a-Lago.
The superstar list lacks the major TechGods, Peter Thiel, Elon Musk, Mark Zuckerberg and Jeff Bezos. Bitcoin evangelist Michael Saylor is also missing.
Recently added "superstars" include S.Y. Lee and Luke Martin. Joey Krug is partner at Peter Thiel's Founders Fund.
Attendees are people who held large amounts of Trump's meme-coin over the last few months. The biggest holders get VIP benefits.
an exclusive Special VIP Talk on Mar-a-Lago's History.
Very, Very Special. (Only for the 29 VIPS)
Enjoy Upfront VIP Seating All Day at the Conference with other VIPS!
Digital Caligula Trump will rub elbows with $TRUMP holders who are lucky to have broken even with their trades given the meme-coin's mostly sideways moves ($2.92 at time of this post).
This should pump up Trump II's ego in preparation for his dressing down the media at the White House Correspondents' Dinner that evening.
I expect his dump on the media to be more impactful than his $TRUMP pump. We shall see if that holds (expressly not a Kalshi or Polymarket bet).
Trump Media & Technology Group announced that CEO Devin Nunes is the latest "recipient of free time" to focus on a lesser position. His resignation as CEO enables Nunes to devote time to his role as Chairman of the President’s Intelligence Advisory Board and on other ventures.
Nunes replacement? Kevin McGurn of the multiple CEO roles. Four months ago PEUReportnoted:
Kevin McGurn is CEO of four SPACs and Sono Group. Five full time jobs for someone politically connected? That should sound familiar to those tracking insiders and the massive money that moves in their direction.
McGurn is also a private equity underwriter (PEU):
He is also a limited partner and strategic entrepreneurial advisor to Revel Partners, a venture capital firm focused on B2B SaaS and media innovation, and Alpine Meridian, a venture capital fund with investments across digital media and consumer technology.
"CRO is a high-performance token, and Trump Media Group CRO Strategy, which wil aggregate CRO, is poised to unlock significant value for shareholders," said Kevin McGurn, CEO of Yorkville Acquisition Corp. "To capitalize on this opportunity, we need strong strategic partners in the industry and an experienced management team. We already had the partners; now we've added the team."
Sono Group N.V. refers to McGurn as its full time CEO. They may or they may not be getting their money's worth.
Neither Sono or TMTG (ticker DJT) have any new SEC filings related to McGurn's changed role with their firm. Most recent SEC filings on McGurn's compensation show:
Yorkville Acquistion Corp - $15,000 monthly
Sono Group N.V. - $33,300 monlthly
Texas Ventures Acquisition III Corp - $15,000 monthly
New America Acquistion I - 12.5 million founder shares in sponsor w/McGurn sole managing member
Blue Water Acquisition III - $15,000 monthly
TMTG advising or CEO compensation - no information to date
Revel Partners or Alpine Meridian compensation - no information now or ever (PEU prerogative)
Nearly $80,000 per month in income plus the chance to cash in big on founder shares? That's a pittance for the big money boys.
Politicians Red & Blue love PEU and their new TechGod/Cryptobro brethren. Increasingly, more are one.
TechGods posit that restrictions in AI development/use by governmental entities are the modern day manifestation of the anti-Christ . Therefore, constraints on AI are evil and must be fought at all costs.
AI is even posed as virtuous, moral and divine while it undresses images of clothed children and steers teens to addiction, suicide and hate.
TechGod Peter Thiel and Lecturer on the Anti-Christ launched an AI arbiter of "Truth." It is called Objection.
The algorithm scores anonymous material unfavorably:
Under the platform’s rubric, primary records like regulatory filings and official emails carry the most weight, while anonymous whistleblower claims are ranked near the bottom.
It sounds like a hegemonic tool for the people already in power.
Who needs this level of investigative knowledge unless the aim is to counter government leakers sourcing news stories?
Objection customers pay $2,000 per perceived factual inaccuracy. Their website states:
Our investigators have complete editorial independence. They use standard investigative reporting techniques, which are protected by the First Amendment. Once they take on a case, they gather all available evidence, regardless of whose interests are affected. They are like freelance investigative journalists hired by a newsroom.
So it's an Objection contract journalist vs. a media contract journalist cage match.
Here's the process:
Not sure what an AI tribunal is but it likely ends with "the TechGod tribe has spoken."
Objection's manifesto is garbage, like much of AI.
I worked with a local newspaper publisher who had one critical test before running anything. Is it true?
Objection is a tool of, by and for TechGods. It will frame issues they wish to force upon the public via their numerous avenues into our computers, eyes and brains. And to that I object!
Update 4-22-26: My wise friend wrote:
So Peter Thiel has figured away to minimize the efforts of Daniel Ellsberg (Pentagon Papers) and Mark Felt (Watergate). Operation Whistleblower White Wash.
All the news fit to remove the elite STINT!Can't go to jail using our AI scale. The incriminating data ends up in the pail.
Winning! The Anti Upton Sinclair.
Amazon may need Objection's help given its price fixing e-mails. Not sure a certificate will do anything to help ChatGPT for helping plan a mass shooting at Florida State University.
TechGods of War & Spying keep winning in the federal budget cash bonanza. And they will to lie to our faces.
Peter Thiel, Marc Andreessen and Joshua Kushner are the billionaire funders of firms living off the federal teat. Thiel and Andreessen got in early when Anduril was valued at $1 billion. Kushner got in later but has a double and a 6 bagger for Thrive's two investments.
The funding rounds are below:
Palmer is lucky to live in our world of fictions of fantasies where he (and other TechGods) can tell non-truths and deride others for knowing otherwise (that they are lying). For many of us, it's rather confusing.
Some days it helps to realize: Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren. Increasingly, more are one.
Nadia Partners is the latest private equity underwriter (PEU) to find West Texas attractive for investment. Affiliate Beacon AI Centers will hold a public meeting this evening to talk about their AI data center in Dove Creek.
I doubt any Nadia Partner will show. They may be toasting from a considerable distance (Canada). Beacon staff will entertain West Texans with their "massive scale." Residents should be concerned about the scale of water usage and electrical power. Will those be massive as well?
Beacon's other projects use natural gas fired generators for power.
According to ERCOT, two power projects are currently under development, Dove Creek Solar and Dove Creek Power. It's not clear who is behind those, however Nadia has an affiliate that does both solar power and battery backup (Dromore Energy).
Big money is behind Nadia, Beacon, Dromore and Nadia Partners' other affiliates (mostly AI). Beacon's co-chair is a former Managing Partner and Chief Technology Officer for The Blackstone Group.
The State of Texas tilts toward corporations over citizens. It's rules on surface water are a language in an of itself and favor water rights holders who regularly exercise those rights. The only excess surface water in Texas is essentially flood water.
Beacon's project is near two creeks, Spring Creek and Dove Creek. Their land likely has water rights to Spring Creek and its Rust Reservoir.
I wonder if Beacon executives realize downstream water users tend not to fare well, especially during our hot, dry summers when those rights are not accessible.
That means punching a bunch of holes in the ground which can and likely will lower the water table. Will it drop enough to stop all creek flow? That's the worry. especially if the project doubles or triples the local population during building/power plant construction.
So raise a glass of fracking fluids to Nadia, Blackstone other big name investors and their facilitator, the State of Texas. That's what our wells may be producing in ten years.
Update 4-16-26: The community of Dove Creek expressed their near universal opposition to the Beacon AI data center. County Commissioner Shawn Nanny closed public feedback by joining his constituents in opposing the project.
"Throughout the whole market structure, I have never seen so many fraudulent people make so much friggin' money off the valuation of
companies that make no money and even lose tons.
So many just plain borrow to exist,
whether it be the Trumpsters or the venture capitalists or the goose egg Private Credit/ Private Equity/money managers.
The extraordinary numbers, based on fictions of fantasies, put productive work/ labor/ salaried
people on a vessel in the sea without the ability to escape the vortex of debasement.
Every day it's cheered and no one has a clue how this
ends."
The price the West is going to pay for the egos of a few self-absorbed, psychologically unbalanced leaders and their greedy, sociopathic followers is truly astonishing. There is only one word for it.
The Saudi Public Investment Fund (PIF) may drop LIV Golf. Surely, they are tired of subsidizing "the product", which has failed to take hold.
Also, there may be a message for Trump II after his disastrous war of choice on Iran. LIV used Trump golf courses for a number of its U.S. events.
An LIV event is scheduled for Trump National from May 7-10, 2026. It is sponsored by a Saudi Mining Company. Did Don Jr. or Eric get in on that deal? They have dozens of their other ventures front-running Trump II's key strategies.
LIV, Golf but Louder.
Trump II, Don but Mafia.
Trump's protection racket may be disintegrating, like his frontal cortex. Only the Crown Prince knows for sure.
General conclusion: People don't like Louder or Mafia. And they really don't like Loud Mafia, especially if the protection isn't there. Take that to the bank.
Trump II brought down the price of VIP access for his $TRUMP meme-coin Dinner Extravaganza. It dropped from roughly $3 million to $300,000 notedDecrypt.
Deflation exists after all.
I'll be surprised if Trump II actually attends his event (luncheon on 4/25/26). He has a war and a Pope to fight as well as the White House Correspondents Dinner that very evening, complete with corporate sponsorship (Boeing, Amazon and Meta).
What's an Executive Branch Party (4/24/26) at the Executive Branch Club without the top guy with the hip-pity hop dance moves?
Nelly is the featured performing artist.
Will Trump II don his doctor robes for any of these big events? Stay tuned.
Update 4-22-26: It appears Trump II will attend the $TRUMP whale luncheon if FAA flight notices are a reliable indicator. That evening Trump returns to his great humiliation at the White House Correspondents Dinner. Expect no jokes, but a JOKER like rant from Trump II.
Trump II's second memecoin competition nears the finish line as tomorrow is Leaderboard Day. Winners get to dine with the President at Mar-a-Lago and "18 Superstars" of the crypto world.
Trump's memecoin received an initial pop from the competition announcement. It nears the finish line with virtually no change in price.
We close with the fine print on Trump II's memecoin website:
Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol "$TRUMP" and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type. GetTrumpMemes.com is not political and has nothing to do with any political campaign or any political office or governmental agency. CIC Digital LLC, an affiliate of The Trump Organization, and Fight Fight Fight LLC collectively own 80% of the Trump Cards, subject to a 3-year unlocking schedule. CIC Digital LLC and Celebration Cards LLC, the owner of Fight Fight Fight LLC, will receive trading revenue derived from trading activities of Trump Meme Cards.
May the best "nonpolitical engagers" who desire to purchase political influence win!!!
Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod/Cryptobro brethren. Increasingly, more are one.
Update 4-24-26: Tomorrow is the big day. They've added two new speakers to the lineup, SY Lee and Luke Martin.
If he shows Trump will get an adornment fix before the Digital Caligula enters the Coliseum to take on the media. Coin performance? Still flat...
ABC's This Week interviewed General Joseph Votel this morning. General Votel is Strategic Advisor and Board member for DC Capital Partners, a "sector-focused private equity firm that invests in middle market companies in the Government and Engineering markets." It has one Ambassador and six Admiral/Generals on board.
This Week also had former House Speaker Kevin McCarthy on its powerhouse roundtable. McCarthy has his own private equity underwriter (PEU) ties with defense focused Albion River..
This Week failed to disclose either man's PEU ties.
Fun fact: A former McCarthy aide now heads the PEU lobby, the American Investment Council.
Politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one.
