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Showing posts sorted by date for query biden. Sort by relevance Show all posts

Monday, July 6, 2026

Trump's PEU Nemesis


It's a matter of time before Trump II goes after the Washington Monument, given he has decimated every other entity formerly chaired by Carlyle Group co-founder David Rubenstein.  

Trump's takeover of the Kennedy Center has been well documented.  Courts have prevented permanent renaming and ordered the Trump name removed from Kennedy Center facilities and materials.

The White House has accused The Smithsonian of having a political agenda.  The institution argues otherwise:
"For more than 180 years, the Smithsonian has served the American public with nonpartisan and independent scholarship, and we remain committed to doing so.”
Former President Joe Biden called the Washington Monument "the Rubenstein" after the Carlyle Group co-founder donated funds for its restoration.  

Don't be surprised if one morning a wrecking ball shows up on the National Mall.  Trump appears to hate anything Rubenstein.  Trump II even formed a new foundation to rival Rubenstein's Kennedy Center Foundation, the Trump-Kennedy Center Foundation.  Shills make shells.

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.  The leader of the Red Team expects all PEUs and TechGods to bow at his feet.  To not oblige incurs the wrath of Trump II.

Trump also treats his supporters poorly, because he can.  He dicked TechGod Brad Gertsner this morning in his Trump accounts press session.  Appear with Trump and prepare to be diminished, minimized, usurped and fleeced.  It is Trump's essential being.  The man is a giant sucking hole.

Friday, May 15, 2026

Trump II Traded TechGods & PEUs


Trump II's financial disclosure indicated millions in stock trades in the first quarter of 2026.  He bought and sold shares in private equity underwriters (PEU).  They include:

  • Apollo Global Management
  • Blackstone, Blackstone Secured Lending, Blackstone MTG TR Inc. REIT & Invitation Homes
  • Blue Owl
  • Carlyle Group
  • KKR 
TechGod stock purchased/sold by Trump II include:
  • Apple 
  • Amazon
  • Alphabet
  • Broadcom
  • Intel
  • Meta
  • Microsoft
  • NVIDIA
  • Oracle
  • Palantir

The filing shows gobs of trades on 2-23-26.    

Trump II and Bibi Netanyahu attacked Iran five days later.  That conflict remains unresolved.  Trump II alternates from "needing help to resolve it" to not needing any.  

Lurch, he does.  

Trump II loves PEU and their new TechGod/CryptoBro brethren.  He loves them so much they are in and out of his portfolio.  

Trump II loves them, he loves them not.  He loves them a little and then something happens.  He really loves them NOT.

Update 5-16-26:  Anyone with Trump Discernment Skills (TDS) can see this as his latest egregious, grand, in-your-face violation of historical norms within top political leadership.

Previous presidents divested assets or took other steps to avoid conflicts of interest or even the appearance of ethical issues while in office.
Trump II is a alone in his own ethical ether:

Federal law only required officeholders to report transactions involving securities after the passage of the STOCK Act in 2012, which strengthened disclosure requirements for executive branch officials and members of Congress. 

 Neither former President Barack Obama, whose money was invested in Treasury bills and broadly diversified mutual funds, nor Joe Biden traded stocks or bonds while in office. Trump is the first president who triggered the disclosure requirement.

There is no conflict of interest according to White House officials as the concept has gone the way of race in Crackerland.  Neither one exists anymore in Trump world, the place where liars cheat and cheaters lie.  

Trump usurped the White House to further his business at every possible turn.  

Tuesday, May 5, 2026

Milken Conference Midway


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.

Friday, April 3, 2026

Carlyle Co-Founder Power100 Honoree


PRNewswire
 ran the following:
Power100 is proud to announce a featured fireside chat at the 2026 Power100 Honoree Dinner with David Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group and host of Bloomberg Presents: The David Rubenstein Show. The conversation will be led by Ken Kencel, Chief Executive Officer of Churchill Asset Management. 
The Power100 Honoree Dinner will take place on May 3, 2026, at the Beverly Wilshire, A Four Seasons Hotel. The dinner is invite-only and attended by a curated group of leaders from across the investment ecosystem who gather to reflect, connect, and emerge as a collective force in shaping the investment management industry. 
Each year, the event is oversubscribed and attended by more than 150 allocators and consultants overseeing collectively over $10 trillion in assets. Yet the numbers only begin to tell the story. What truly defines the room is the convergence of intellect, resilience, and vision demonstrated by the allocators, asset managers, advisors, and industry leaders who participate in the weekend's events.

The last time Rubenstein and Ken Kencel appeared in PEUReport was in regard to Elle Rubenstein's implosion as a board member for the Alaska Permanent Fund titled "PEU Arrogance Beyond Comprehension:  Alaska Big."   

Since then another Rubenstein daughter, Alexa, started Hobe Mountain Partners in Palm Beach, Florida.  Hobe Mountain is a spin off from Dad's Declaration Partners, his home office and Carlyle Group conflict of interest.  

Ken Kencel left Carlyle during a turbulent time (leadership turnover) but remains a friend and admirer of Mr. Rubenstein.  Power100 included a picture of Rubenstein with President Joe Biden.  Biden stayed at Rubenstein's Nantucket estate over Thanksgiving for many years (over a decade).

Remember who else loves private equity underwriters (PEU)?  Our curated group of elected officials, politicians Red & Blue.  They have the intellect, resilience and vision to keep supporting the greed and leverage boys to the detriment of the common person.  

Monday, March 30, 2026

Trump's Iran War: March Good to Two Generals


Face the Nation
interviewed General Frank MacKenzie regarding Trump II's war of choice on Iran.  I searched for any private equity ties.  General MacKenzie added two new jobs since Trump II attacked Iran on Saturday, February 28th (other than his recent naming as President of The Citadel).

WestExec Advisors added MacKenzie as Principal on March 12th, while Teneo announced MacKenzie's Senior Advisor role on March 27th.  Another general, James Hecker, was added to the same two firms in the same roles as MacKenzie.


Teneo was founded by Doug Band, Declan Kelly and Paul Keary.  Two of the three left the firm after uncomfortable news broke.

Doug Band left in December 2020 to focus on his family office (generational wealth created in part from PEU consulting).  He broke the Larry Summers "insiders don't say bad things about insiders" rule.

Teneo's connected consultants help private equity underwriters (PEU) who lever political relationships as well as equity.  


Declan Kelly left Teneo in 2021 after behaving boorishly at a fundraiser.


Kelly started his own advisory firm complete with a captive PEU, Consello Capital.   Founder Keary managed to avoid a nasty exit and is currently Teneo's CEO.

The other firm employing the two Generals is WestExec Advisors.  This firm supplied a number of Biden cabinet members, as did Pine Island Capital, another PEU.  WestExec has two former Red Team Congressmen on board.


 Teneo has bipartisan stripes, long a PEU staple in their employment stable.  


Bill Clinton and Tony Blair once acted as paid advisors to Teneo.  

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  The whole sodden lot wants to remake the world in their favor, not yours.  That's the nation we face.

Update:  The Carlyle Group is returning to its roots and offering a new defense fund (Bloomberg)

Saturday, February 28, 2026

Trump's Hostile Takeover of Iran Underway


Trump II's pursuit of global assets expanded greatly this morning with the latest U.S./Israeli attack on Iran.  Trump overloaded the region with military might and decided to use it in the midst of negotiating with Iran over a program he obliterated.  He did virtually the same thing last June, attack mid-negotiation.

Donning a USA golf cap Trump II announced his goals for the war this morning from Mara-Lago, Florida's new Wall Street where the deals keep on coming.

Trump II posted the video on his Truth Social account.  It has a George W. Bush/John McCain feel to it.  Our bombing makes others free.  Ask the Iraqis or the Libyans how that worked.

There is nothing on the official White House website about the attack on Iran (under "News"), so Truth Social has the exclusive video.  What a media win for the possible spin-off!

Trump expects citizens sheltering in place to leave their doors, pick up the pieces and takeover the government when he is done violating their country.  Just as in Venezuela, Trump II will decide who leads, not the Iranian people.

Trump II's envoys, Jared Kushner (Affinity Partners) and Steve Witkoff (The Witkoff Group) are skilled in the art of the hostile takeover as private equity underwriters (PEU).  Iran has many desirable assets and western economic powers want in (PEUs and TechGods).   Recall that PEUs stack the Board of Peace (Pieces of Eight) where Trump II is Chairman for Life.

The rapidly changing global political environment provides economic opportunity for the well placed.

Greed has its own siren call.  Violence creates more violence.  Destruction and killing are not empowerment. 

Operation Epic Savage Whim is underway in conjunction with the USA's 51st state Israel.   

Iranians see the taking of Gaza and the West Bank by Israel and Trump II.

Trump told Iran's military and police, total surrender or death.  It had an Elon Musk "resign with pay or be DOGEd" feel to it.  Which is the lesser of the two evils?  Isn't that always the deal presented by Trump II, TechGods and/or PEUs to the little people?  

The Iranian people will decide.  Given Trump is the most aloof of our recent Presidential "regime changers" (W., Obama and now the Donarch) I'll be shocked if they erect a giant statue of Trump in the middle of Tehran.  However, Jared's "New Iran" promo video may show one.

Lord, hear our prayer.  Watch over and protect those in harm's way because of greedy, impulsive leaders.  God bless us all.  Help us Lord, survive their savage whims.

Update:  Truth Social's video post is now nine hours old.  Trump II also posted it on Elon Musk's X, formerly Twitter.  


The White House posted the video under Live News.  One has to click on Livestream and then scroll down on the Live News to find the video, which is also posted on YouTube.  It was posted around the time the video hit Truth Social and X.

Trump II's plummeting poll standing is similar to Obama's where Trump offered in 2012:


As for Obama's bombing Syria, Trump once thought Congress had a vital role:
“What will we get for bombing Syria besides more debt and a possible long term conflict? Obama needs Congressional approval,” Trump tweeted in August 2013.
Familiar story for the Reds & Blues.  Our guy does it, that's OK.  Your guy needs approval.  

Trump II excels at diversion, cruelty, destruction and taking.  A Red Team member of Congress called the attack on Iran an "act of love" on CNN. Nonsense. 

Now we know why elected officials never did anything about Jeffrey Epstein's long lasting pedophile operation. Politicians can justify anything with the most bizarre statements.  

The American people do not like war as much as our Presidents have over the last few decades.  Trump's signature promise was to keep the U.S. out of foreign entanglements and drop the pattern of imposing regime change.  That must be quite the temptation given politicians Red & Blue have repeatedly succumbed to its siren call.  

Politicians Red & Blue love PEU and their new brash TechGod brethren.  Trump is imposing their unrestrained will on the world.  

Greenland, Cuba, Canada .... the list of acquisition targets is a biblical scroll.  

I expect the world to spit it all back up.  If it does not, the darkest days lay ahead.  

The U.S./Israeli attack on Iran killed Iran's Supreme Leader Khamenei (*Trump II Truth Social).  He wrote:
...the Country has been, in only one day, very much destroyed and, even, obliterated. The heavy and pinpoint bombing, however, will continue, uninterrupted throughout the week or, as long as necessary to achieve our objective of PEACE THROUGHOUT THE MIDDLE EAST AND, INDEED, THE WORLD!

So exactly when are the Iranians to come out of their homes and join with surrendered military and police forces?   The heavy hand of willful destruction, uninterrupted throughout the week, is the very antithesis of peace.  

Trump II wants fealty and an ever growing net worth.  His PEU/TechGod sponsors want access to markets and more of Uncle Sam's wallet and government protections.  

Update:  Bombs killed Iran's Supreme Leader Khamenei.  That's one way to oust a Chief Executive.

Update 3-1-26:  Pope Leo XIV offered:

"Stability and peace are not achieved through mutual threats, nor through the use of weapons, which sow destruction, suffering, and death, but only through reasonable, sincere, and responsible dialogue."
Trump II does not do the latter.

Update 3-4-26:  White House Press Secretary Karoline Leavitt said Trump II went to war "on a feeling based on fact."  Ah yes, the Trump savage whim.  We know it all too well.

Trump II is disconnected from reality. The political Red team needs to wake up and realize the Digital Caligula is wearing a coat made of cryptocurrency and his inadequate password is showing. 

The Pentagon is using AI in Trump II's War of Choice on Iran.  It just switched AI providers mid-war, going from Anthropic to OpenAI.  

All those libertarian TechGods who thought Biden wanted WW3 have a sock in it for Trump II, their frequent panhandler.  At some point they may prefer taxes over frequent phone calls to fund pet projects, including Trump's meme-coin and other family boondoggles.

Update 3-17-26:  A Semafor newsletter stated:
Admiral James Stavridis, the former supreme allied commander of NATO and a vice chair at Carlyle, told Semafor last year that a postwar Iran could be “the big investment opportunity in the Middle East.” An educated population of 90 million people with good demographic trends and a strong national culture — “they believe in themselves as Persians,” he said — could “look like the reconstruction of the Korean peninsula after the end of the Korean War.”
TechGods and PEUs want to profit from the war as well as its aftermath.  

Update 3-25-26:  Iran refused to deal with Trump's PEU negotiators, Jared Kushner and Steve Witkoff.  They want a different PEU/TechGod, J.D. Vance.

Update 3-30-26:  The Carlyle Group is returning to its roots and offering a new defense fund (Bloomberg)

Update 4-1-26:  Trump II offered in a prime time speech to the nation:
“We’re going to bring them back to the Stone Age where they belong,” the U.S. president said. “Regime change was not our goal. We never said regime change. But regime change has occurred.”
The stone age quote was applied to Iraq before Iran.  Trump said regime change on day 1 of his war of choice on Iran.    

He is consistent in one thing, "how great I art."
“Tonight I’m making a little speech at 9 o’clock, and basically I’m gonna tell everybody how great I am,” Trump said at a White House Easter lunch this afternoon. “What a great job I’ve done. What a phenomenal job, what a phenomenal job I’ve done.”

Update 4-5-26:  DOGE slashed staff at the Energy Department that would have helped the U.S. navigate tricky energy markets in the midst of Trump's/Netanayhu's war of opportunity on Iran. 

Tuesday, January 6, 2026

Polymarket Wager on Maduro: Insider Trading Encouraged


Futurism
reported

....an unidentified user bet tens of thousands of dollars on various predictions that Venezuelan president Nicolás Maduro would be imminently “out” or that the US forces would show up “in Venezuela by” a specified date during the runup to the incursion. 

The account “existed for only one week and quickly became the biggest ‘yes’ holder in the Maduro out market,” Brody tweeted. The evidence of insider trading is compelling, to say the least, given the highly suspicious timing. 

The account invested over $30,000 less than two days before the United States launched its invasion to kidnap Maduro and his wife and “profited $400,000 in less than 24 hours,” as sports entrepreneur Joe Pompliano calculated in a post on Bluesky. 

“Seems pretty suspicious!” he added. “[Secretary of defense] Pete Hegseth making some beer money on the side?” Brody joked. 

Insider trading is not only allowed on prediction markets; it’s encouraged,” Pompliano argued.

Polymarket may not care but federal employees have ethics standards they are required to meet.  I imagine that $370,000 profit is taxable under federal law.  Self reporting is required.   

So who was the insider?  Was it an insider's insider?

Polymarket, the world's largest predictions market, has received an investment from Donald Trump Jr.'s venture capital fund, 1789 Capital.  Don Jr. also joined Polymarket's Advisory Board.
Was the tip passed in the Executive Club, an exclusive high dollar club promoting access to Trump administration officials?  Don Jr. and his 1789 Capital peers are owners of the Executive Club.  

If it was a U.S. user Polymarket should know their identity:

The U.S. Requirement: Full Identity Verification 

If you are a “Polymarket Bro” based in the United States using the new regulated app, the rules are different.  To comply with federal law and CFTC regulations: 
Mandatory KYC: You must complete full identity verification before you can deposit a single dollar. 

What You’ll Need: Be prepared to provide your full name, date of birth, residential address, and your Social Security Number (SSN). 

Document Upload: You will likely need to provide a photo of a government-issued ID (Driver’s License or Passport).

I look forward to learning who the new account holder was.  It would be rich if the insider knowledge profiteer was a Trump son, given the harangues delivered over Hunter Biden.  Yes, that was part of Trump's whipping up the crowd five years ago on Jan. 6, 2021.  

The political Red Team does double standard better than anyone.  It's danged near perfection.

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.

Update 5-19-26:  The Guardian reported on harm being done to people via prediction markets:

Most gamblers lose money, and prediction markets are no different. Seven in 10 traders record losses on Polymarket, according to the Wall Street Journal, and a tiny percentage of accounts make 67% of profits. (Polymarket declined to comment on the journal’s numbers.) Kalshi told the journal that there were 2.9 unprofitable users for every profitable one in April. 
Kalshi and Polymarket have powerful allies: Donald Trump Jr serves as an adviser to both, and Truth Social is developing its own prediction market called Truth Predict.

Friday, December 5, 2025

Sons of Donarchy Ride Into Another SPAC

Don Jr. and Eric Trump landed another Advisory Board position with New America Acquisition I Corp. The company just completed a $300 million IPO for the SPAC. The filing is dated 12-3-25.

Donald J. Trump Jr. has received an indirect interest in 2,000,000 founder shares through membership interests in our sponsor (New America Sponsor I LLC), Eric Trump has received an indirect interest in 3,000,000 founder shares through membership interests in our sponsor. 
Dominari Securities served as a book running manager for the IPO and received 1,100,000 shares of Class A common stock as a result.  Once a target is found Dominari and the other underwriter have a bigger payday.
We will pay the representatives a cash fee for such services upon the consummation of our initial business combination in an amount of $15,000,000 or, if the underwriter’s over-allotment option is exercised in full, $17,250,000 
Don and Eric have a big equity stake in Dominari so they can profit in fractal fashion.

New America Acquisition I Corp is yet another Yorkville SPAC.  Yorkville has done a number of deals with Trump related organizations.

The sole member of New America Sponsor I LLC is Kevin McGurn, CEO.  McGurn is also CEO of Yorkville Acquisition Corp (another Trump related SPAC), Blue Water Acquisition Corp III (Yorkville) and Texas Ventures Acquisition III (Yorkville).  


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.  

The SEC lists McGurn's address as that of Yorkville Advisors in Mountainside, New Jersey.  A Sono Group filing shared this about McGurn:
Mr. McGurn, age 52, currently serves as the Chairman of the board of directors, Chief Executive Officer and Chief Financial Officer of New America Acquisition I Corp., a special purpose acquisition company, since July 2025. Mr. McGurn has also served as Chief Executive Officer of Yorkville Acquisition Corp., a special purpose acquisition company, since March 2025 and is a member of its board of directors. 
It only shared the most recent SPAC CEO slots.  Back to the filing:
Prior to then, Mr. McGurn most recently served as Vice President of Advertising Solutions at T-Mobile, where he led initiatives across digital and programmatic advertising platforms. Prior to that, from 2018 to 2023 he was President at Vevo LLC, a global music video platform jointly owned by Universal Music Group and Sony Music Entertainment, where he was responsible for monetization, sales strategy, and global partnerships. Earlier in his career, from 2007 to 2013, Mr. McGurn served as Senior Vice President of Advertising Sales at Hulu, where he helped to launch and scale the company’s ad-supported streaming business. He has also held an independent board role at Zype, Inc., a video infrastructure platform that was acquired by Backlight, a portfolio company of PSG Equity. 
One could consider McGurn a Junior TechGod.  Finishing the filing:
Mr. McGurn currently serves in an advisory capacity to Trump Media and Technology Group, supporting the company’s diligence and strategy around mergers and acquisitions, subscription video on demand (SVOD) and social networking platforms, including Truth+ and Truth Social. 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. Mr. McGurn has cultivated extensive relationships across media, entertainment, technology, telecommunications, and music industries. 

McGurn sounds like a private equity underwriter (PEU).  His advisory work for Trump Media & Technology Group was announced in early August.  Five days ago he offered this via a press release

“CRO is a high-performance token, and Trump Media Group CRO Strategy, which will 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.”

McGrun is performing three major roles for New America Acquisition I, Chairman, Chief Executive Officer and Chief Financial Officer, according to their S-1.  At some point SEC filings will reveal McGurn's pay for his five CEO, one Chairman and one CFO slots.  

A sixth CEO role slipped out of his hands a year ago when his job at Triller was cancelled at the last minute.

The Trump boys are insiders cranking out deals faster than Hunter Biden can finish a painting.  Kevin McGurn is an insider with multiple full time jobs while many people struggle to find one stinking job that pays enough to live.  

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one and the sons shall be far richer than their fathers.  These things, they do not want you to know.

Don Jr. told FBI Director Kash Patel:

“I’m sort of a free speech absolutist on that and, frankly, I’ve been, you know, pretty conspiratorial over the last, lets call it decade, and rightfully so.”

They need you to look away, so you don't see what is before your very eyes.  Don't fall for it.  Stare directly into the son's...

Update 12-6-25:  Jesse wrote:

I just don't have the words to describe my disappointment with the anti-human actions of this government, and the Western elites in general. 

 And it seems as though the majority of the public now tends to agree. 

Change will come. The darkness ebbs and flows, but it will never finally prevail.

Update 12-11-25:  Dominari stock opened today at $4.41 per share.  It announced a $10 million dividend which is roughly 44 cents per share.  That's a 10% dividend.  

With Dominari's 44 cents per share dividend, each older Trump son will get a check for $438,300.

Update 2-28-26:  Spinoff!


Trump II and his buddy Bibi had their militaries attack Iran this morning in the midst of negotiations.  Hostile takeover!

Update 8-6-26:  Kevin McGurn resigned as CEO of New America Acquisition I Corp.  He currently is hawking insider information from Trump II via Truth Social.

Thursday, December 4, 2025

Feds to Send $670 Million to Don Jr.'s Vulcan Elements


The Pentagon Office of Strategic Capital will provide a $620 million loan to Vulcan Elements and the Commerce Department will add another $50 million for Vulcan via the CHIPS Act.

Don Jr. joined Omar Malik's 1789 Capital in late 2024.  1789 Capital invested in Vulcan in August.  


It's amazing how quickly a 1789 Capital investment turns into federal business.  Don Jr, told the world how that happens at the recent Saudi Investment Conference in Washington, D.C.


Don Jr.'s understanding is that private equity underwriters (PEU) run the world and he is one.  PEUs are also in Pentagon leadership and staff the War Department's Office of Strategic Capital (SC).


OSC Chief Investment Officer Ryan Lindner began his role in August as 1789 Capital was investing in Vulcan.  Lindner came from a Greenwich, Conn, PEU, Marblegate Asset Management.  Lindner thanked Under Secretary Emil Michael and Deputy Secretary of War Steve Feinberg in the November 21 press release.  
"These commitments demonstrate that OSC's federal financing tools can successfully scale private capital investment in sectors vital to our economic and national security," said Mr. Ryan Lindner, Chief Investment Officer, OSC. "I am immensely grateful to Under Secretary Michael (TechGod), Deputy Secretary Feinberg (PEU), and Secretary Hegseth for their support in executing these commitments, which are part of the Trump Administration's whole-of-government effort to secure domestic critical minerals production, revitalize the U.S. industrial base, and ultimately achieve peace through strength."
Feinberg is also a PEU and infamous for harming New England healthcare via Steward Health.


Undersecretary Emil Michael is a TechGod, having been an executive at Uber and an investor in many tech firms, including AI.  TechGods are most excited about the prospect of garnering huge chunks of the federal budget and it helps to have people on the inside.   

DOGE's original unmentioned mission was implanting TechGod products/services in the federal government.  That's why it saved no money.  DOGE ended and now the Genesis Mission (Uncle Sam AI) begins.

Trump II is using the federal budget to provide debt and equity to strategic industries.  The Pentagon is but one area.  A simple hint to family and friends that "now is a good time to invest in ____ " easily fits within Trump's pathological personality.  Don Jr. revealed the trick to the Saudis.

Did the Saudi Crown Prince get an invitation to visit Don Jr. and Omar Malik's private club in Georgetown called the "Executive Branch?"  It's frequented by Trump II's cabinet members.  


Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  The Red Team is really out-PEUing itself with the amount of money it shamelessly steers to family and friends.

Trump II savages Biden and the CHIPS Act, so it's salt in the wound time with Don Jr.'s Vulcan Elements getting $50 million from that pot of money.  

Also, the Pentagon money is part of a $1.4B government partnership with ReElement Technologies, led by a shady self dealing group of executives, some former PEUs.  That's a perfect match for Trump II, the shadiest of self dealers.

Update:  The Trump boys understanding of Daddy's plans should help their latest venture, New America Acquisition I Corp.  The company just did a $300 million IPO for the SPAC.  The filing is dated 12-3-25.
Donald J. Trump Jr. has received an indirect interest in 2,000,000 founder shares through membership interests in our sponsor (New America Sponsor I LLC), Eric Trump has received an indirect interest in 3,000,000 founder shares through membership interests in our sponsor.

Dominari Securities served as a book running manager for the IPO and received 1,100,000 shares of Class A common stock as a result. Once a target is found Dominari and the other underwriter have a bigger payday.

We will pay the representatives a cash fee for such services upon the consummation of our initial business combination in an amount of $15,000,000 or, if the underwriter’s over-allotment option is exercised in full, $17,250,000

Don and Eric have a big equity stake in Dominari so they can profit in fractal fashion.   

Tuesday, November 25, 2025

DOGE Has Been Integrated, Genesis Kicks Off


Former Andreessen Horowitz Managing Director Scott Kupor, now the head of the Office of Personnel Management indicated DOGE is no more.  Kupor said DOGE "doesn't exist" and is no longer a "centralized entity."  Translation: 
 DOGE succeeded in overseeing the secret infiltration of TechGod AI into and across government functions.  
DOGE was staffed by TechGods and private equity underwriters (PEU).  Many remain and they are scattered through various departments.  DOGE used the PEU playbook to establish an AI beachhead.  

Now it's time to mine and monetize, which brings us to Trump II's latest Techexecutive Order, the Genesis Mission.  


It is:
"a dedicated, coordinated national effort to unleash a new age of AI‑accelerated innovation and discovery that can solve the most challenging problems of this century. 
The Genesis Mission will build an integrated AI platform to harness Federal scientific datasets — the world’s largest collection of such datasets, developed over decades of Federal investments — to train scientific foundation models and create AI agents to test new hypotheses, automate research workflows, and accelerate scientific breakthroughs."
It's the federal dataset giveaway.  TechGods hate paying for intellectual property and to date they've mostly stolen it.  

Heading up the effort is Michael Kratsios, White House Chief Science & Technology Officer.  Kratsios is a protégé of live forever TechGod Peter Thiel.


AI pinheads want everything for free or at a steep discount.  So far it's power, water, land, intellectual property, federal loan backing, escape from state regulation, access to Uncle Sam's wallet, regulatory protections, tax avoidance...

Genesis will prioritize the following areas in their addressing the "challenging problems of our century":


It seems we can add government sponsored R&D to their list of free to low cost needs, a list that likely never ends.  Who pays while TechGods benefit?

Politicians Red & Blue love PEU and their new TechGod/Cryptobro brethren.  Increasingly, more are one.  

We have government of the PEU/TechGod/Crytobro, by the PEU/TechGod/Cryptobro and for the PEU/TechGod/Cryptobro.

Update 11-26-25:  Two recent stores on endangered species and air pollution show those areas not to be Trump II priorities.


Apparently Uncle Sam has not subsidized businesses enough for the likes of the PEU/TechGod class.

As for what TechGods plan to do with the AI they've already installed, Homeland Security will soon have access to Medicaid data:
The Centers for Medicare & Medicaid Services (CMS) published a Federal Register notice yesterday officially authorizing the sharing of Medicaid applicant data with the Department of Homeland Security beginning today. The notice rescinds previous “interagency integrity” firewalls.
Blasting away interagency firewalls is such a TechGod thing to do.  

Trump is also not interested in protecting your retirement account.  Bloomberg Law reported:
Labor Department to end defense of 401(k) investment-advice regulation. The Employee Benefits Security Administration no longer wants to defend the Biden administration’s fiduciary rule regarding one time rollover advice.

Insurance companies challenged the rule.  PEUs have made significant forays into insurance firms, such that they can steer those capital pools toward their private equity and private credit offerings.

Add another non-priority to the "won't make it" on the list of the "most challenging problems of this century."  It's not species loss, air pollution, maintaining firewalls between federal data sets or preventing retirement account abuse.    

Update 12-1-25:  Musk tried to explain why DOGE accomplished so little using baby pandas.  It was bizarre and nonsensical.

DOUGEBAG did insert AI deep inside federal databases at significant profit for Musk, David Sacks and his fellow "All Pinhead" podcast hosts, as well as other TechGods.

DOUGEBAG - Department of Ungodly Greedy Executives Biased Against Government

Update 12-21-25:  TechGods plan to put political money behind the people they can control.
Update 2-23-26:  WhiteHouse.gov added more benefits for the billionaire AI clans.
...new U.S. initiatives to accelerate global adoption of the American AI stack through the American AI Exports Program, including: 

The American AI Exports Program’s National Champions Initiative: The Commerce Department will incorporate partner nations’ leading AI companies into their customized American AI Export stacks, demonstrating that American technology directly strengthens and builds domestic AI capabilities. The 

U.S. Tech Corps: A new initiative of the Peace Corps, the U.S. Tech Corps will provide volunteer technical talent with import partners to provide last-mile support in deploying powerful AI applications for enhanced public services. 

New International Financing: The Treasury Department is launching a new fund at the World Bank to help countries overcome AI adoption barriers, in addition to new financing programs launched at the Export-Import Bank, the U.S. International Development Finance Corporation, the State Department, and the Small Business Administration. 

NIST/CAISI’s AI Agent Standards Initiative: The Commerce Department’s National Institute of Standards and Technology (NIST) announced it will facilitate the development of interoperable and secure standards for agentic AI, giving the public confidence in this next-generation technology.

As the Trump Administration unveils a whole-of-government strategy to promote American AI exports, it brings to the India AI Impact Summit a clear message: American AI is the gold standard, and we are sharing it with our partners to secure our shared future.

Friday, November 21, 2025

Bessent Usurps PEU Firm e-VAC Magnetics


Two days after Trump II threatened to fire Treasury Chief Scott Bessent for not bullying Fed Chair Jay Powell sufficiently, Bessent waved a small magnet on television.  He bragged about the Trump economy and the number of potential jobs at a Sumter, South Carolina rare earth magnet factory.

Trump II threatened Bessent, a gay man, at the U.S. Saudi Investment Conference where he offered his usual drivel that a year ago "our country was dead", "the economy was dead."  

What happened a year ago under the Biden administration?  That Sumter, South Carolina magnet plant received the "2024 Energy Transition Deal of the Year" from IJ Global.
Ara Partners, a global private equity firm dedicated to decarbonizing the industrial economy, announced that e-VAC Magnetics, LLC (“eVAC”) has been awarded IJ Global’s 2024 Energy Transition Deal of the Year (North America). The award recognizes eVac’s $335 million non-recourse financing for their first-of-its-kind U.S. permanent magnet manufacturing facility in Sumter County, South Carolina.
Investopedia states:
Non-recourse finance involves a loan where repayment comes only from the project's earnings. Such loans are generally secured by collateral. 

Non-recourse loans are commonly used to finance commercial real estate and projects with long lead times. Unlike conventional loans, the repayment depends on the success of the project being funded.
Scott Bessent bragged about a Biden era sweetheart deal for a PEU affiliate that include giant federal grants and tax credits.
This landmark transaction, undertaken by Ara Partners and its portfolio company Vacuumschmelze GmbH & Co. KG (“VAC”), strengthens the domestic supply chain for electric vehicles, aerospace and defense, renewable energy, and other critical industries. 
The project has also received strong federal and state support, including a Defense Production Act Title III grant from the Department of Defense and a $111.9 million Qualifying Advanced Energy Project Tax Credit.
Politicians Red & Blue love PEU and their new TechGod/Cryptobro brethren.  Increasingly, more are one as in the case of Scott Bessent (Key Square Group).

Trump II will usurp anything and anyone.  Bessent is a quick study given he snatched a 2024 PEU sweetheart deal of the year and dragged it into Trump's Rule of 47.  

Threatening to fire the gay guy in front a group of homophobic Saudis?  That's piece of cake for Trump.  

At some point Bessent will tire of eating Trump's verbal defecation and get his soul back.  Until then, I trust our Treasury Secretary will continue to enjoy Trump's special buffet of discounts, derision, backhanded compliments, abuse, insults, snubs, barbs, slurs and punchlines.

Saturday, November 1, 2025

Manchin Rewarded for PEU Service


Former West Virginia Blue Team Senator Joe Manchin told CNN's Michael Smerconish that the filibuster enabled the Senate to produce better legislation by including the minority.  

Smerconish credited Manchin and Arizona Senator Kyrsten Sinema for saving the filibuster under the Biden administration.  The filibuster specifically saved private equity underwriters' (PEU) preferred "carried interest" taxation for what feels like the tenth time.


Weeks after retiring from the Senate Manchin landed several plum PEU positions.  Manchin became an advisor for Apollo, a PEU giant and joined the board of Athene, a massive capital pool controlled by Apollo.


A month after exiting public service Manchin joined Bondi Partners, a D.C. based strategic advisory firm which markets itself as connected to PEUs and even has its own 1941 Fund.

Bondi's founder noted:
Washington DC is the modern day Rome, it’s the epicentre of politics, and Joe Manchin has been in the middle of it for more than two decades....
The Manchin decades saw the meteoric rise of PEUs, whose founders learned how to steer government policy while mining Uncle Sam's wallet.


Three months after leaving the collegial U.S. Senate Manchin joined the Ramaco Resources Board of Directors.  Ramaco is 25% owned by Yorktown Partners, an energy focused PEU.  A Ramaco proxy statement from April 30, 2025 noted:
Joseph Manchin III, age 77, has served as a director of our Company since April 18, 2025. He has served on the Board of Athene Holding Ltd. since February 2025 and is a member of Athene’s legal and regulatory committee. Senator Manchin has served as an adviser to Apollo since February 2025.

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  Manchin chose "the public servant to PEU advisor" route at the age of 77.  Others choose to bring their greed and leverage skills to the federal government.  

If the filibuster is being used to keep this power dynamic in place I would have to disagree with Manchin.  It does not produce better legislation for the common citizen, who they ostensibly are there to serve. 

Update 1-11-26:  Former Senator Kyrsten Sinema  co-founded the AI Infrastructure Coalition, which pushes AI data center development.