Sunday, January 4, 2026

Plethora of Trump Related Products Confusing


It's hard keeping the various Trump branded money making initiatives straight.  Trump Media made two year end announcements that further muddied the picture.  

The first involved Truth Social Funds and its five new ETFs.


These are different than the three Truth.Fi ETFs announced last year in conjunction with crypto.com.  Those are yet to come to market.  Truth Social Funds are a collaboration with Yorkville America and Commonwealth Fund Services.


Truth Social Funds showed a Richmond, Virginia address.  That address houses a number of funds.  It probably has a long way to go to equal the Ugland House (Caymans) but at the rate Trump named products are hitting the market I believe they can get there.

Trump Billionaires Club game was released at the end of December.  It pushes the $TRUMP meme-coin, not to be confused with $WLFI token, USD1 or the yet to be released DJT (Trump Media) digital token for shareholders (the other announcement).  All four are Trump related crypto products.

That's not all.  Don't forget:
Trump Media Group CRO Strategy, will focus on acquiring CRO tokens from the Cronos blockchain ecosystem. The end result will be a $6.42bn digital asset treasury company.

2025 ended with a merger announcement between Trump Media and TAE Technologies.  Trump's digital scattershot enterprise will combine with nuclear fusion, clean power/storage and small molecule cancer treatment.  

It has the same feel and consistency of U.S foreign policy.  Cobble a bunch of whims together and sell the hell out of it.  We'll see who buys outside the MAGA faithful and billionaires wanting to indirectly funnel money to Trump II and his family.  This too shall pass.

Insufferable, Conflicted Sacks is Window into Trump II


Trump II's Crypto/AI czar David Sacks holds stakes in hundreds of AI related companies through Craft Ventures, Valor Equity Partners, direct investments, the Production Board, Beldore Capital, Sequoia and AL Ventures.  

His financial disclosure shows 30 investments with AI in the company name under Craft Venture Funds.
David Sacks is co-founder and partner at Craft.

Sacks recently cited widespread fraud in government programs.


This occurred during an "All In Podcast."  

The country is being "eaten alive" by little people gaming the system.

Wow, I thought VC's new how to analyze financial numbers.  The deficit has been caused by the government spending far more money than it takes in and has done so for decades under both Red and Blue political teams.  


"Stolen money maybe leading to stolen elections."  Really, David?
Silicon Valley poured more than $394.1m into the US presidential election
The latter half of the podcast focused on California's billionaire tax, an upcoming ballot measure.  The measure imposes a 5% tax on assets.  CBS News reported:
Craft Ventures, a venture capital firm co-founded in 2017 by billionaire tech investor David Sacks said on December 31 that it had opened a new office in Austin, Texas. The firm added that Sacks, who also serves as a White House adviser on AI and cryptocurrency, had relocated to Austin earlier that month, although it didn't mention the proposed wealth tax. He had previously resided in San Francisco.
Sacks isn't the only one scoping out new locations:
Peter Thiel announced on Dec. 31 that his private investment firm, Thiel Capital, has opened a Miami office.
Fraud is fraud and should be investigated, with charges brought based on evidence.  Crypto is historically fraught with fraud.  One might expect Sacks to be laser focused in that area, especially has his favored Solana has been a source of frequent "pump and dumps" and "rug pulls."

Trump II has gutted many federal financial investigative bodies.  He has blown through historical ethical norms around public servants declaring and disposing of conflicting assets.  

Trump II's giant money grab for his family and friends is concerning for this independent voter.  That money grab comes with a price, fealty and constant complimenting of the boss.  It also requires giving way to offensive comments, rude actions, manipulative behavior and sexual creepiness by that same boss.  I'm sure the "All In" Crowd thinks it is worth it.

The time will come for them to atone for their earthly behavior.  I'd love to be alive to see that final "All In" Episode.  "How did we do with our time on this plane?"  

Title it:  "TechGods meet the real God."  I doubt the term "winning" comes up.  

And the last shall be first......

Friday, January 2, 2026

The Un-Revisable Donald Trump


The toxic sludge of 2025 is oozing into 2026.  The ending of a year is supposed to be a time to take stock of what went well, what is not working or going poorly, and how to make changes going forward.  

Trump II, the digital Caligula, is undeterred in his efforts to turn the U.S. government into a money funnel for his family and friends.   That means holding Congress for the Red Team in the 2026 midterms.  

Blackstone Group co-founder Stephen Schwarzman has long been a Red Team political supporter.  Private equity underwriters (PEU) have sponsored politicians of both stripes for decades, preferring to do so quietly, behind the scenes.  Trump II added a new big money group to his side, TechGods.

TechGods are far brasher than PEUs (aka the greed and leverage boys).  Never mind that their products harm children or have criminal early adopters.  Meta had a policy that forgave child sex predators fifteen times.  TechGods know that their federal immunity from criminal liability would be long gone based solely on public will. 

PEUs have a similar benefit, highly unpopular with the American electorate.  It's their preferred "carried interest" taxation which enables billionaires to pay lower tax rates on income than their secretary or gardener.  Both political teams have run campaigns on eliminating this benefit, but can never get together to actually implement those promises.

In 2025 Trump II granted PEUs their wish to enter worker 401(k) retirement accounts.  Retirees can now chose to invest in private equity, private credit and other alternative investments.  One can now have a Bitcoin IRA.  

Why should anyone put supposedly safe retirement money into a speculative cryptocurrency?  It only makes sense if the U.S. economy is morphing into a giant casino.  That leads us to a recent TechGod offering, prediction markets.  They market user opinion as knowledge in order to avoid the stain of wagering.  Nearly 80% of the public has no interest in using prediction markets.  

Trump II is a salesman and is selling on behalf of TechGods (in addition to subsidizing them).  

Only 38% think AI will improve health, whilst 36% think AI will improve the national economy, 31% see a positive impact on the job market, and 37% believe it will enhance their own jobs.
The Trump boys are profiting far more directly from their father's executive orders and budgetary priorities than Hunter Biden ever did selling a few paintings and sitting on the Burisma board.  Don Jr., Eric and Jared's take is in the billions in Year 1 of Trump II.

The New Year pump is on for $TRUMP now that Trump Billionaire Club game has launched.  $TRUMP rose from $4.70 to over $5.00.  


Trump family companies make money three ways, by owning the vast majority of Trump meme-coins, earning licensing fees and a cut of trading revenues.  

$TRUMP's trend line has mostly gone down, but several events caused a bounce.  His "dinner with the President" competition for top $TRUMP holders spiked the meme-coin from $12 to over $16.  The Saudi Crown Prince's visit ran it from $6 to $9.  Time will tell what Trump Billionaires Club game does for his meme-coin.  

A Bloomberg columnist derided Trump II's impact on norms.  I decry his impact on knowledge, which requires theory.

"One failure of a theory requires its modification" - Dr. W. Edwards Deming

Trump's irreality has him doubling down on false facts and nonsense narratives.  He is incapable of revising his beliefs that have no basis in reality.  As a wise physician once told me, "That person is refractory to learning." 

Why should anyone care that our President is incapable of ingesting new information and revising his theories about the world as his mind is overloaded with hubris, greed and self aggrandizing?  Because like attracts like.  Because the President is a role model for youth

Trump is un-revisable.  For most of us that requires endurance, awareness and naming that which is going on.  Thus, having closed out a 2025 PEU Year, we enter 2026, the Year of the society harming TechGod.  

Independent voters may have ditched Trump II, but the PEU boys and their TechGod brethren remain firm supporters.  They have the money and technology to manipulate people and intend to do just that.  Please revise your world view to incorporate this.

Thursday, January 1, 2026

Closing Out 2025 PEU Year with Sprinkles


It was the best of times for private equity underwriters (PEU) and their TechGod brethren in 2025, as long as they aligned themselves with Trump II, the digital Caligula.  Trump II, freshly installed, brought disruption and dislocation to the federal government, dumping workers in exchange for expensive technology.  

The Department of Ungodly Greedy Executives Biased Against Government (DOUGEBAG) fell far short of its goal of saving $2 trillion.  Federal employee headcount decreased by 271,000 workers but overall federal spending rose by $435 billion.  Trump II may be loathe to spend money on people but he knows how to turn a monetary firehose at his priority projects.

It was the worst of times for employees of Sprinkles Cupcakes, a private equity affiliate of KarpReilly.  The chain of cupcake shops closed for good on New Year's Eve (12-31-25).  At best, employees got a day's notice of the closure.  Little warning of job loss during the holidays sounds like a PEU move.

Trump II, in addition to bringing the PEU model to government, dismantled regulations and enforcement mechanisms for what remains.  All in all, 2025 was a very PEU year.

Tuesday, December 30, 2025

Biggest, Hottest Trump Billionaires Club Available


Trump Billionaires Club Game is now available for download.  $TRUMP currently trades at $4.91 per memecoin.  


We shall see if 2026 breathes life into $TRUMP.  Son Eric Trump said his dad saved Christianity.  Surely, he can do likewise for $TRUMP.

Update 1-1-26:  Gemini noted for Trump Billionaires Club game:
User ratings are generally polarized, with some enjoying the idle mechanics despite ads, while many find the ad saturation unbearable. 
As of January 2026, the Trump Billionaires Club mobile game has received mixed to negative feedback from users following its late December 2025 launch. While it maintains a moderately high average on some platforms, specific user complaints highlight significant technical and usability issues.
$TRUMP was in the low $4.70's before bouncing back to $4.80 per meme-coin.

Update 1-4-25:  It turns out Trump Billionaire Club Game s a lot like Truth Social, as both are overloaded with ads.


$TRUMP is up to $5.41 per meme-coin.

Monday, December 29, 2025

SkyBox Coming to San Angelo


San Angelo City Council Member Patrick Keely will hold a Data Center Development Community Meeting on Monday, December 29, 2025 from 5:30-6:30 pm at the Downtown Library in the Brooks & Bates Room.  The subject is the proposed Skybox Data Center on Highway 67 just north of city limits.  Council approved the sale of 350 acres of city owned land to Skybox in March 2025.  

Issues are noise pollution, water use, appropriate zoning, need for city services while residing outside city limits, traffic safety and electrical power use for the proposed 1.5 million square foot development distributed across six buildings (each of which is four stories high).

A flyer for this public meeting states the item will be voted on at Council's next meeting on January 13, 2026.  

Mayor Tom Thompson has been circumspect in his communications regarding the proposed data center, calling local information inaccurate without providing any meaningful information on the project or parameters Council plans to use to balance citizen needs with data center desires.  

The City has chosen thus far to prioritize Skybox's need for privacy regarding proprietary information and trade secret claims over sharing information with the public (based on the City's response to my 12-8-25 public information request).  

Developers are usually not the end user of any project.  West Texas has been through a number of boom and bust cycles.  When projects go underwater, the owner hands the keys over to the bankers (the entity that provided the financing).  The Carlyle Group, a financial juggernaut, already compared data centers to shale.  

Enough communities have been through the data center development process for San Angelo's City Council to use an open, up front process where citizens' needs are clearly prioritized.  A Chamber of Commerce video and an interview with the Mayor discounting social media information do not meet that standard.

Council may rise to the occasion on January 13, 2026 but citizens should be prepared to nudge them if they don't.   

Note:  This was also posted on StateoftheDivision, my local oriented blog, the evening of 12-28-25.

Update:  Baxtel.com states:

Skybox Datacenters is a joint venture between Rugen Street Capital and Bandera Ventures.

Concho Observer reported on an expert's assessment of Skybox's plans.   It's hard to believe anyone can assess the situation given what little information has been released to date.  The expert is from a think tank whose board is loaded with people from vested TechGod interests, Founders Fund (Peter Thiel), Patreon, & Paladin Capital.  The positive "lack of abatement ask" is simply due to the project's location being outside city limits.

ConchoValleyHomepage ran a story on the community meeting.  It indicates Skybox is yet to purchase the land for any data center development.  

Update 12-30-25:  Concho Valley Homepage reported on the meeting.  Concho Observer also ran a piece on the meeting.

Friday, December 26, 2025

Golden Goose Now Giant China Club Deal


M
reported the latest news regarding private equity underwriter (PEU) ownership for Golden Goose, the luxury sneaker maker:

Golden Goose closes its sale and passes into Chinese hands. Private equity funds Permire and The Carlyle Group have reached an agreement for the sale of a majority stake in the Italian brand to HSG (a fund called HongShan in China, formerly Sequoia Capital China) and Tamasek. The deal values Golden Goose at about $2.5 billion. 
The purchase would be positioned as the most important luxury acquisition of the year, doubling the value of the sale of Versace to Prada, a transaction worth €1.25 billion. 
Both Permira and other former Golden Goose shareholders, such as the U.S. fund Carlyle, will also hold minority stakes in the Italian footwear company.

The most important luxury acquisition of the year is headed for majority Chinese ownership.  Who said the greed and leverage boys have not taught the Chinese anything....

How long before the whole stinking mess offs the golden goose?