Monday, June 22, 2026

The Hollowing: Part Trois


Private equity underwriters (PEU) have long leveraged political connections to make big money off Uncle Sam's wallet.  TechGods noticed and abandoned their Libertarian leanings to support Trump II's orgy of greed.  Put all that together and we have the new U.S. state sponsored enterprise.

The people of Albania recognize a crap sandwich when placed before them.  They do not want their natural resources apportioned for the super rich, the aforementioned PEUs and TechGods.  Thus, they want a new government.  A Guardian story described the revolt as:
a spasm of disgust over the perceived excesses of "a rotten oligarchic class"
Not so, here at home where politicians Red & Blue love PEU and their new TechGod brethren.  The Undersecretary of War founded Cerberus Capital.  The Secretary of Army ran Flex Capital.  

Trump's older boys scattered their equity seeds across the defense industry landscape and Pete Hegseth's Department of War is personally doing the watering with his alcohol tainted urine.  

The Trump's contempt for basic ethical norms, practices and requirements could not be more clear.  Jared Kushner's financial disclosure is months past the deadline.  His last filing was in early 2021.  Jared's father has been able to submit three since his ambassador appointment under Trump II.

The federal government has gone from writing tax/other laws preferential to PEU's and spending money on products/services provided by PEU affiliates to providing capital for equity stakes in specific enterprises.  

Elected officials have funded this boondoggle via debt for decades and Trump II is spending like there is no tomorrow.  I expect the insatiable PEU boys and their disfigured TechGod twins to win again here in the U.S.  

That said, I can cheer loudly for the Albanians in their fight against Affinity Partners and Atlantic Incubation Partners.  Three cheers for the Pink Flamingo revolution.  Yay, yay, yay!!!