Another Formal Party for Elite Potentates

Trump II will host a Black-Tie dinner at the White House for Saudi Crown Prince Mohammed bin Salman on Tuesday.  News reports indicate the guest list includes "business executives, lawmakers and governors."

The Crown Prince will host a U.S.-Saudi investment conference during his visit.  Saudi Arabia's sovereign wealth fund, Public Investment Fund (PIF), is headed by the Crown Prince.  It has been busy lately.  

Trump II's son-in-law Jared Kushner manages over $2 billion in Saudi money via Affinity Partners, a private equity underwriter (PEU).

At prior Saudi-U.S. investment meetings PEUs, Wall Street Giants and TechGods have been front and center.  Executives are invited to the upcoming White House dinner but the list of invitees is yet to be posted on the White House website.

Less than two weeks ago Trump II spoke at the American Business Forum in Miami.  The Saudi PIF was the presenting partner for the event.  

PIF has a Future Investment Institute (FII) and Trump spoke at the FII Priority meeting held from February 19-21, 2025 in Miami.

On May 13. 2025  Trump II might as well as have kissed the toes of the Crown Prince the way he slathered over the man at the U.S.-Saudi investment conference in Riyadh, Saudi Arabia.  Trump II brought back "trillions" in deals.  Remember, deal makers get deal fees.

Time will reveal if the guest list is made public.  It is still the People's House, although Trump II is determined to make it the PEUples'.

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  They will gather Tuesday evening to celebrate murderous tyrants.  

Update:  The Sunday morning news shows interviewed two former PEUs, now in government roles under Trump II.  Affinity Partners' Kevin Hassett was on ABC's This Week and Flex Capital's Dan Driscoll was on CBS' Face the Nation.  Hassett worked for Jared Kushner and PEU founding father Michael Milken, while Driscoll had a number of major TechGods as limited partners at Flex.  I'm sure most watchers had no idea they were being PEU'd.  

Update 11-25-25:  Kevin Hassett is at the front of the pack of five under consideration for the next Fed Chair.  Noted stock trader and former Dallas Fed Chair Richard Fisher highlighted Hassett's frontrunner status.

Update 11-30-25:  Trump II pardoned a PEU fraudster, David Gentile of GPB Capital.  Gentile defrauded more than 10.000 investors with is Ponzi scheme.

Update 12-3-25:   Bloomberg reported on a prior Trump pardon of Eli Weinstein.  Weinstein went back to committing fraud while never attempting to make restitution to prior victims.

Update 12-6-25:  Jesse wrote:

The failure of the current government in the States is becoming more evident. They can barely say anything that is not untrue anymore. 

The economy is slumping, but they are trying their best to hide it, and keep promoting the thought that 'next year' everything will be better. I doubt that it will. 

These are reivers and predators, not builders. Destroyers, rather than producers. They are in it wholly for themselves. And it shows if one has eyes to see. 

It's a shame really. But I imagine we will go through some painful times, and then bounce back once again. 

Foolishness will have its way, and will not be deterred from its own destruction.

Trump II Targets TechGod, PEUs & JP Morgan

Trump II, the digital Caligula, dined with J.P. Morgan CEO Jamie Dimon, then threw his bank under the Jeffrey Epstein bus the next morning.  Did he give Dimon the courtesy of a warning?  Doubtful.

Several months ago Trump II sought to change the Epstein narrative.  I wrote:

I imagine the Trump "Just Us" Department shopped the list of predators for Blue Team members and any never Trumpers of the Red version.

One of those Blue Team members is TechGod Reid Hoffman.  Bill Clinton is a former private equity underwriter (PEU) with Yucaipa   Larry Summers served as Managing Director for hedge fund D.E. Shaw and Special Advisor to Andreessen Horowitz (more TechGods).  

Jeffrey Epstein levered tax avoidance, money, and power just like the PEU boys and their new TechGod/Cryptobro brethren.  Epstein added illegal, underage sex, which apparently some very powerful men liked.  

Trump II has no truth for the American people, otherwise he would release the Epstein files.  Instead he's on a campaign of diversion, unjust personal enrichment and retribution, most recently to those wanting to force that Epstein release.

As for the Red Team's Marjorie Taylor Greene, Trump II may want to watch out.  She's angling for the next Speaker of the House.  There's not a Polymarket for that yet but I expect one in not so distant future.

Trump II is the boiling frog in the Epstein pot.  You can't be boiled in a pot you never jumped in.

Update 11-16-25:  Marjorie Taylor Greene offered:

“I would like to say humbly, I’m sorry for taking part in the toxic politics,” Greene said. “It’s very bad for our country.”

Speaker Greene?

Update 11-21-25:  One cannot be House Speaker if they are not in the House.  Rep. Greene announced she would leave Congress in January 2026.   Thus, no need for a Polymarket...

Update 11-24-25:  Greene did make Polymarket as a top contender for 2028 White House.  I got the position wrong.  

TechGods Offer Another Way to Throw a Fight

Americans will have another sports micro-prediction option to add to their addiction portfolio thanks to Polymarket and TKO, the parent company of UFC and Zuffa Boxing.

TechGods brought us micro-dosing ketamine, micro-betting and now micro-prediction marketing (a fancier name for wagering between two people/entities/AI bots).  CNBC reported:

“What’s exciting about our approach is you can buy and sell and you can trade just like a stock throughout the fight,” Polymarket CEO Shayne Coplan said on CNBC’s “Squawk Box” Thursday. “You can buy and sell as momentum swings we will start with that and we will take from there based on customer feedback.”

Stock is equity in an organization.  Polymarket customers have no equity in the fighter they are wagering on to win or lose.  Most Polymarket wallets are losers, 85%.  

Professional athletes have been caught recently throwing micro-bets, so what better thing to introduce in a sport with a long history of throwing fights.  

To sum up:

Social media - addicting

AI bots - addicting, even deadly

AI porn - coming....

Online Sports Betting - addicting

Micro-dosing opioids - addicting

Micro sports betting - addicting

Generally regulated and taxed -  Casino Betting - addicting....Tobacco use - addicting....Alcohol use- addicting

TechGods have occupied the unregulated and untaxed addiction zones.  Enter those at your own physical, mental and financial risk.  They do not have your best interest at heart.

transforming passive viewership into active participation

Wallet activation countdown:  Five, four, three, two.... one... 

Zero dollars left.  TechGod takeoff complete....  Thank you for your active participation.

Trump Dines with Wall Street & PEU Legends

ZeroHedge reported on a White House dinner with Wall Street executives to be held this evening.  The guest list includes private equity underwriters (PEU):

Invited guests include JPMorgan Chase CEO Jamie Dimon, Nasdaq’s Adena Friedman (former CFO for The Carlyle Group), Blackstone’s Stephen Schwarzman, Morgan Stanley’s Ted Pick, BlackRock’s Larry Fink, and Goldman Sachs’ David Solomon. 

Bankers and investors back Trump’s pro-growth agenda but remain uneasy about his tariffs, trade volatility, and pressure on the Federal Reserve.

Current Fed Chair Jerome Powell also worked for The Carlyle Group before moving on to another PEU.  Trump nominated Powell for the job in his first term as President.

Possible Fed Chair nominee to replace Powell is Kevin Hassett.  Kevin also has a private equity background having worked for Affinity Partners, Jared Kushner's PEU.  Kushner is Trump II's son in law.

Hassett received a $192,040 salary for his work with Affinity Partners.  Simultaneously, Kevin worked for the Milken Institute as Managing Director with a salary of $234,312.  

Founder Michael Milken branded leveraged buyout organizations (LBO), which is the former name for what is now called private equity.  Trump pardoned Milken, absolving the convicted Junk Bond King of his crimes.

Hassett received a salary from six other organizations, according to his financial disclosure form.  Between the eight employers Hassett received $763,045 last year.

This is how the insider money funnel works.  Big sums are thrown at the politically connected by multiple employers, each not expecting full time work production.  

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

The current Fed Chair is and the next one may be PEU as well

Update 11-13-25:  When asked about the dinner Trump II's SBA Chief told CNBC "The government is there to support them."  

That's billionaire PEU Legends and Wall Street CEOs.  She avoided the fact that PEUs exported jobs by the tens of thousands under both Red (W. Bush) and Blue (Obama) administrations.  It was clear to some by July 2011.

That was around the time child sex predator Jeffrey Epstein wrote accomplice Ghislaine Maxwell about Trump being "the dog that hadn't barked." (April 2011).  It seems the government is there to support them too.  

Maxwell enjoys extra perks in her country club federal prison as Trump II scrambles to prevent the full release of the government's Epstein files..

I imagine the public is not interested in steering more resources to policy making billionaires of the PEU or TechGod variety and voters are not keen on protecting pedophiles or their accomplices/enablers.  

White House dinner invitee JP Morgan paid $365 million to date in Epstein related settlements for its role in financing Epstein's sexual crimes against children.  PEU Apollo founder Leon Black provided $170 million to Epstein.  This is the weave Trump II wants to hide.

Update 11-25-25:  Kevin Hassett is at the front of the pack of five under consideration for the next Fed Chair.  Noted stock trader and former Dallas Fed Chair Richard Fisher highlighted Hassett's frontrunner status.

Sonder Implodes, BlackRock Largest Equity Holder

Short term rental provider and Marriott partner Sonder Holdings declared Chapter 7 bankruptcy.  Company auditor Delloite & Touche issued a going concern warning on Sonder in July 2025.  Around the same time an employee posted this on Glassdoor: 

This job started off easy and manageable, even with some clunky internal systems. But since the company was acquired by Marriott (rebranded as a “partnership” to avoid properly compensating employees), everything has gone downhill. The systems we use to do our jobs have become harder and more frustrating. 

But the real problem is the toxic, unaccountable management at both the direct and upper levels. We are now expected to juggle multiple roles — front desk, housekeeping, minor maintenance, billing, emails, live chat, in-person guest interactions, and more — all without proper training or increased pay. Management gaslights you into thinking this is normal and acceptable. When you push back, they deflect responsibility and create new rules on the fly to wear you down. The strategy is clear: overwork and exhaust the team to make us easier to manipulate. They even force you to stand for your entire shift now, as if the emotional labor wasn’t enough. 

Raises? You get a 60¢ “increase” as part of this Marriott shift — a complete slap in the face given how much more they demand from us. If you voice concerns, you’re told to be grateful or start looking elsewhere. 

The CEO “stepped down” to pursue other things, but let’s be real — this was always a sellout move. He cashed in and left the front-line workers to deal with the fallout. If you’re informed, strong-willed, and unwilling to be a pushover — you’ll be targeted. 

Sonder used to be a promising brand. But now, it feels like Marriott is draining it for all it’s worth before phasing it out completely. 

Bottom line: This job is not worth your mental health. Management doesn’t respect that you have a life outside of work. They will treat you as disposable — and expect gratitude in return. 

Advice to Management:   Prepare to be treated by the company the same way you've treated us; everyone's time comes.

Sonder began as Flatbook in 2014.  It changed names in 2016.  Sonder became public via an SPAC in 2021, valued at $2.2 billion.  Prequin reported the following sponsors:

The Gores Group, alongside Atreides Capital, BlackRock, Fidelity Investments, Moore Capital Management - Private Equity, Principal Global Investors, and Senator Investment Group

Several are private equity underwriters (PEU).  The PEU/TechGod playbook is embedded in that employee review.  Crappy technology, toxic management/executives, poor pay/benefits, excessive hours worked, top execs cashing out (getting all the rewards), no ability to move up and financial sleight of hand given the company never got close to being cash flow positive (even on an adjusted basis).  That's thirteen years of massive operating losses.  

The Real Deal noted:

....the company disclosed financial reporting errors affecting 2022 and 2023 statements

BlackRock took a number of hits on the debt side from recent bankruptcies.  Their Sonder losses are equity related, but I imagine it stings similarly.

Trump Boys' Dominari Holdings "Mining" Money

What fortune for Dominari Holdings, the Trump Tower renter that once was a bit financial player!  Thank the Trump Enrichment Accelerator.

In February the Trump boys joined Dominari's Advisory Board and participated in a private placement.  Since then Dominari has been skyrocketing.  Revenue is up over 700% in just nine months.  

Oddly, the company's website now returns an error message regarding their Board of Advisors.  Here's what it looked like months ago.

Dominari paid a dividend to shareholders in March (.32 per share) and September (.22 per share).    Together the Trump boys received over $1 million.  Each garnered over $530,000 between the two dividends (.55 per share total).

Dominari noted their profit from taking American Bitcoin public.  A SEC filing shows Eric Trump controlling over 68 million shares in ABTC.  At today's price of $5.15 Eric controls over $350 million in ABTC stock.

I'm sure the average citizen is far too busy trying to make ends meet to see the Trump administration minting money for family and friends.  Trump II, the digital Caligula, wants over $200 billion in net worth when he leaves office in January 2029.  

Deal makers get deal fees, directly or indirectly.  Remember that.  The Trump Enrichment Accelerator works 24/7/365.  It has over three more years to voraciously consume an obscene portion of economic resources.  For that many suffer.

Update 12-4-25:  Don Jr. and Eric Trump landed another Advisory Board position with 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.   

Update 12-11-25:  With Dominari's declared 44 cents per share dividend, each older Trump son will get a check for $438,300.  

Trump II Advancing Indentured Servitude

Fifteen year car loans and fifty year home mortgages are Trump II's answers to unaffordable houses and vehicles.  His advisors want to bring back the aristocracy and colonialism.  Why not add indentured servitude.  

Does the President believe these moves will help him with the general public?  If so, he is further out of touch than I thought and I did not think that possible given Trump II's irreality.  

Financiers win, but they always have.  Serf's up!

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod/CryptoBro brethren.  Increasingly, more are one.