Monthly Archives: March 2025

The president is on gool

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Editor-in-chief of The Atlantic, Jeffrey Goldberg, published an expose’ yesterday titled, “U.S. national-security leaders included me in a group chat about upcoming military strikes in Yemen.” It begins, “The world found out shortly before 2 p.m. eastern time on March 15 that the United States was bombing Houthi targets across Yemen. I, however, knew two hours before the first bombs exploded that the attack might be coming. The reason I knew this is that Pete Hegseth, the secretary of defense, had texted me the war plan at 11:44 a.m. The plan included precise information about weapons packages, targets, and timing. This is going to require some explaining…”

Secretary of defense Pete Pete Hegseth has vehemently denied this report, replying, “You’re talking about a deceitful and highly discredited so-called ‘journalist’ who’s made a profession of peddling hoaxes time and time again.” White House National Security Council (NSC) spokesman Brian Hughes confirmed the veracity of the Signal group chat, which Jeffery Goldberg said included Pete Hegseth, Vice President JD Vance, White House national security adviser Mike Waltz and Secretary of State Marco Rubio.

The NSC is in complete denial that a US-backed war on the Houthis of Yemen destabilizes international security and will eventually blowback to America. No journalist or citizen is allowed to question the Trump administration on this. His spokespeople always lie & deflect all serious questions. Meanwhile, they are sharpening their knives behind closed doors to crush any dissent.

Remember that Trump primarily came to power through his abuse of the legal system. Every business venture he’s ever been connected with went bankrupt, yet he’s allowed to skate free because he rigs the courts through bribery, blackmail & violent intimidation. That’s how Trump and his fascist cabal avoided prison after 1/6.

Election 2024 was a thoroughly fixed affair, with only three politicians allowed to run. Fake primaries for both parties of capitalism in 2024, with Trump running unopposed and threatening to ruin any challenger for the Republican nomination– it was over long before it began.

The Democrats, led by semi-senile president Joe Biden insisted that Biden-Harris was a winner again in 2024. RFK, Jr a billionaire with a deep family history in the Democratic Party, was shoved out of the primary by Biden-Harris early on. The Joe Biden illusion (which wasn’t fooling anyone) was revealed as a fraud to the world during his June 27 debate with Trump. It was only then that calls for candidate Biden’s removal as the head of the Democrat ticket were now heavily leaked into the media.

It took weeks for Joe Biden to comprehend this reality & acquiesce to the inevitable. After weeks of bitter political infighting Kamala Harris was named the replacement. Less than a month later Kamala Harris was nominated by the Democratic Party for US president despite not receiving a single vote in the primary [!].

Meanwhile, third party candidates were systematically shut out of the media and denied ballot status due to onerous signature requirements, etc, for their candidates– who actually received votes for president in the 2024 primaries [!!]. It is this Democratic Party contempt for democracy & the US Constitution that paved the way for Trump in 2016 & 2024. Trump repeatedly claims he has a mandate, when in fact the 2024 election was entirely stage-managed & rigged, bought by billionaires who allow no left-wing politics to enter their orbit.

Democrats & Republicans are united in support of their anti-immigrant war in America and persecution of the Israel-Palestine War in the Middle East which has been going on since 1947. Both parties of imperialism are united in support of the US/NATO-provoked Ukraine-Russia War which has been going on since the Cold War unofficially started in 1945. Killing has been good business for the US stocks & bond market since WWII, and “anti-communism” was the imperialist buzzword of the McCarthyist era. Since, 9/11, “agents of Russia/Putin” is how socialists & anti-war activists are labeled & attacked by the US State Department & big tech.

Normally, high-ranking government officials use “national security” as the catch-all legal reason to deny information to the public. Much is being made in the corporate media about the leaked Signal app texts not being secure, etc, while ignoring the reactionary nature of the discussion itself. What this highly revealing incident proves is that the “national security” argument used by bureaucratic leaders is entirely bogus.

This strategic information was released to the public two hours before the US military struck Houthi targets in Yemen and no US lives were lost or US security jeopardized. If journalists can know about this type of military action in advance, and then publish it a week later, why can’t we the public know about everything else being kept secret?

National security is comparable to being ‘on gool’ as a kid. Gool is defined by inventive children as an imaginary sanctuary where no one can touch you. You just tell the bully on the playground, “I’m on gool,” and you’re safe. You would be surprised how often it works. It’s the audacity of the idea that gets you and apparently it works the same way for these overgrown children in government. Whenever someone asks Biden or Trump a serious question about imperialist foreign policy, it’s always shot down in the name of “national security.” The president is on gool.

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Impeach Trump!

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Articles of Impeachment against US president Donald Trump should have been drawn up, debated & voted upon weeks ago. Instead Senate minority leader Chuck Schumer (D-NY) just gave Trump-Musk a blank check for another six months.

This once again implicates the Democrats as Donald Trump’s prime enablers, as a government shutdown would have triggered a mass confrontation between the fascist administration (struggling to get a public foothold with its anti-democratic policies) and the working masses who are ready to fight.

The only mandate Trump has gotten is from the Democrats. Tens of millions who voted for Trump are now beginning to realize his betrayal. Those who voted Biden-Harris mostly knew the danger, but let themselves be trapped by the Democratic Party. What is brewing now is mass discontent with both major parties of capitalism and a growing realization that organized revolutionary action is necessary.

For the record, the corporate media has been an astonished & defenseless narrator of events since Trump’s second inauguration. Nazi salutes, etc, mean little to them and are played-down in the media. Donald Trump flagrantly violates the Constitution every day, since vowing to become a dictator on day one, yet the complacent fake left preaches patience with congress, the court system, etc– the same patience they asked for with Joe Biden & Kamala.

Trump has had a hand-picked loyalist majority in both houses of congress since election day. Trump also has complete control over the US court system all the way up to the US Supreme Court. That was established in July 2024, when the US Supreme Court ruled that the US president can’t be prosecuted for any crimes whatsoever. Clearly if Trump can’t be prosecuted or impeached by congress over a coup attempt to overthrow the US Constitution on 1/6/21, then Trump is indeed above the law.

Trump has declared all this and is acting accordingly. The collaborative Democrats have given him a mandate to do whatever he wants, and thus no one is allowed to press Trump-Musk on any serious issue. If anyone does so, they are violently ejected by Trump-Musk. To even question a US president is now a prosecutable crime. All information & proof requests are denied under vague “national security” declarations. All the Constitutional branches of US government has been hijacked by an elite group of fascists who are seeking to take control and do their worst. It is the Democrats’ job to help Trump-Musk in deceiving & suppressing the working classes.

Targeting Gaza anti-genocide protesters has become a primary weapon of propaganda warfare & population control. “Anti-semitism” is now officially re-defined as criticism of Zionism. Nazi extermination of Jews is no longer considered anti-semitic by the ruling political class. It is a system of mass media messaging, assisted by police, military & legal resources used to intimidate the working population into acquiescence.

Despite its monopoly power over government resources, data gathering, AI-bots & drones, etc, I don’t expect this US imperialist strategy to work. There is no mass base for any of Trump’s fascist policies. The title above is not a recommendation to congress, but a revolutionary battle cry. It is what the Vichy Democrats refuse to say & do, as “Impeach Trump” now means down with capitalism!

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Crypto crooks congregate & conspire in the White House

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The Trump ‘crypto summit’, the first event of its kind was held this afternoon at the White House. Trump led the press conference afterwards, leaning on crypto czar David Sacks for legitimacy or whatever. Crypto kingpin & bitcoin whale Elon Musk has been conspicuously absent & silent on Trump’s new crypto policy since it was publicly announced with great fanfare last week.

Trump started the public live-streamed part of the ‘crypto summit’ by going completely off subject in mumbling about the World Cup which is to be held in North America in 2026. Apparently the idea of the World Cup being a shared host event among Canada, the US & Mexico was to be overlooked, as was the fact that the World Cup is the largest foreign visa event in the world which happens every four years and people love & demand that diversity. The inherent message of sportsmanship & international brotherhood cuts across Trump’s anti-immigrant campaign, so it was omitted.

A new World Cup trophy has been constructed with Trump’s approval, and frankly it is an abomination in comparision to the standard set by Jules Rimet. The Jules Rimet Cup was the first FIFA World Cup trophy, used from 1930 to 1970, named after Jules Rimet the third president of FIFA. It was stolen under murky circumstances and its whereabouts are still unknown. Documentary movies have been dedicated to this fascinating sports story with political intrigue throughout its history. In this context, Trump explained to the current FIFA kingpin how much better his new trophy is.

Apparently FIFA was part of the ‘crypto summit’ so Trump actually didn’t go off message, but it was an extended diversion and how was the viewer to know? How many people know bitcoin & FIFA well enough to figure out this corruption when it is presented in front of them? And then, how many of will speak & publish publicly against this corruption when it is safer & more profitable to stay silent? The entire corporate media line on crypto right now is complacence.

Anyway, this new FIFA World Cup trophy is designed to easily become a memecoin, so look for FIFA commercial tie-ins with bitcoin & crypto during World Cup 2026. That was the opening crypto message from Trump, and it was very clunky & bizarre to witness. Trump then called upon people sitting around him to thank him for his leadership & genius, which they all did.

It barely lasted an hour, told the public nothing, and no questions were allowed from the media afterwards as the livestream was ended. How much bitcoin & crypto does Elon Musk hold? How does establishing a ‘federal bitcoin reserve’ from the confiscated digital wallets of indicted & convicted criminals create a viable sector for economic growth? Is this the first step towards making bitcoin redeemable in US dollars? How much does Elon Musk stand to gain in all this?

Politically & economically, there are major concerns about a ‘bitcoin reserve’, both on the right and the left. Bitcoin is a Libertarian Ponzi scheme that has been embraced by Trump. Even with all this political support from the highest office, bitcoin is barely hanging on and that is a reflection of the true opposition to crypto that Trump-Musk seek to silence– meaning the vast majority.

Since FTX & SBF became widely known in November 2022, what was remaining of the crypto buzz has worn off. FTX was endorsed by Tom Brady, Steph Curry, Shaquille O’Neal, Naomi Osaka, Larry David, etc, and was still semi-legit up until the FTX collapse. But tolerance for crypto is no longer a public sentiment. Everyone sitting around Trump at the ‘crypto summit’ was hyping FTX, until November 2022. So what does that say about crypto industry expertise?

Trump even admitted near the end of his ‘crypto summit’ that he doesn’t know what will happen with bitcoin, turning to the camera, “Do you? We’ll just see how far it goes… and do everything we can to see that it is a big success,” etc. Trump claims the US Treasury would benefit from a ‘bitcoin reserve’ gained from the digital wallets of convicted pornographers, drug cartels, sex traffickers, gun runners, etc. The idea is: the more bitcoin reserves the US government builds, the stronger we’ll be as a country and it will Make America Great Again…

It is public awareness that Trump-Musk are attempting to swindle the US Treasury into elevating bitcoin and other named cryptocurrencies largely owned & controlled by Elon Musk & David Sacks. As I discussed last week here & here, stablecoins (crypto pegged to the US dollar at a 1:1 ratio) are being pointed to by industry leaders that gathered around with Trump as a gateway into crypto becoming fiat currency & US legal tender. That is the objective of Trump-Musk-Sacks in this ‘crypto reserve’ scheme.

As predicted here last week, the Gemini twins, Tyler & Cameron Winklevos, met with Trump at the ‘crypto summit’ and spoke to him fawningly & with great excitement. Trump referred to Tyler & Cameron Winklevos as “high-IQ individuals”, both of whom Trump just saved from a SEC criminal indictment of the crypto fraud Gemini, which is owned by these two high-IQ individuals. Everyone seated at the ‘crypto summit’ table appeared happy & pleased.

Among the masses, crypto has the support of no more than 5% of the population. Crypto is split more broadly among the ruling class, with perhaps up to a third in support of bitcoin. In objective terms, what this ‘crypto summit’ left out were the voices of over 95% of the population and that is why this isn’t going to get very far politically. In many ways this ‘crypto front’ emboldened by Trump’s public embrace is an ambitious and far reaching projection of presidential privilege into dictatorial power. It reveals the extent of Elon Musk’s influence on Trump which is immense.

Elon Musk is so influential in crypto that his name was NEVER mentioned by any of the high-IQ speakers in front of the media– before, during and after the ‘crypto summit’. Elon Musk is unquestionably the Black Hand controlling Trump policy on crypto and just about everything else.

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The Trump-Musk ‘crypto strategic reserve’ swindle

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Trump announced late Sunday (3/2/25) that he wants to establish a strategic reserve of cryptocurrency. This will be done in the name of economic growth & national security for America.

It’s quite remarkable how Elon Musk’s name isn’t mentioned by Trump or in any of the press articles recently published on Trump’s crypto summit or his plans for a “strategic reserve” of crypto. The acronym of DOGE was taken from Elon Musk’s proprietary crypto coin [!], yet the lapdog corporate media pretend they don’t know Elon Musk is by far the largest holder of crypto in the cyberworld.

Liberals grumble about conflict of interest, etc, but don’t connect it here as it’s happening. The bourgeois press, including its liberal wing, are now reporting much more favorably on crypto, which was surely a Trump edict to the corporate press. Cryptocurrency is fake money, created largely by Elon Musk’s “magical money computers” which is now being floated as a “strategic reserve currency” more valuable than gold [!] due to its uncanny ability to always rise in price.

Of course, all this “value” was created by manipulation of Ponzi scheming supercomputers, but that is to be overlooked. The crypto industry is extremely wasteful as far as electricity consumption goes, thus crypto is a Libertarian environmental disaster that is vulnerable to energy price spikes and other real-world economic forces. Crypto has no store of value, and is only priced in relation to other fiat currencies, mostly the US dollar. Its only use value is to conceal illicit transactions, making it useful to pornographers, criminals & state intelligence agencies.

Crypto depends entirely on near-zero interest rates and a constant inflow of new money. The federal funds rate is currently 4.33% and projected to stay in that range. This is the biggest obstacle to another crypto boom. Trump can’t dictate to (or fire) Federal Reserve chairman, Jerome Powell, at least until next spring which makes that his biggest institutional impediment in Trump’s bid to establish a presidential dictatorship and a US “crypto reserve.”

Trump’s “reserve of crypto” could only come from the biggest crypto whale anywhere: Elon Musk. This “strategic reserve” plan is simply a swindle by Trump-Musk to bilk the US taxpayers into buying hundreds-of-billions of dollars in worthless crypto from Elon Musk. This is how Musk plans to cash out his worthless crypto empire and turn it into billions of US dollars, and he’s being enabled do it with presidential complicity & immunity. If Trump-Musk are allowed to do this, the US dollar will become grossly devalued, and fewer workers will be able to afford the inflated cost-of-living expenses, etc. The Trump tariffs are already creating this effect.

Trump & Musk have executive power, which they abuse at will, but the bond market is infinitely bigger than either of them. The bond market runs the world because it owns the world, especially the US government. That $36T in federal debt is owed to ultra-wealthy bondholders who demand redemption. These debts are owed to the Black Hand and can’t be cancelled, for if they were, the very foundation of modern capitalism would come crashing down. If that happened, a reorganization of the global economy would be required, meaning an international socialist revolution. This is why federal debt must be re-paid, no matter how much it hurts the working masses & youth.

The billionaire bond market is split on crypto. As I’ve explained in earlier cryptocurrency articles, particularly in my SEC v Grayscale reporting, there is a ‘Warren Buffet faction’ of capitalism that recognizes crypto as a fraud and wants it banned. Their argument is that crypto is too unstable to be an institutional pillar in monetary economics and has the potential to bankrupt the entire system. That analysis is fundamentally correct. But the Elon Musk pro-crypto faction opposed this thinking and has won out for the moment.

Typical Yahoo pointed comments on Trump’s ‘crypto strategic reserve’ plan, which the corporate press is too complacent to seriously criticize include:

— How you going to justify making crypto holders rich with tax dollars?
— Trump steals our money to buy fake tokens. Typical.
— We have witnessed why cryptocurrencies are far too volatile for any country to establish a reserve of any consequence. For BTC to go from almost $110k to the upper $70s and then bounce back to about $91k in a handful of days is just ridiculous. [This happened in the past week]

— So the plan is to invest real money into fake money… What could go wrong?!

Conclusion: It’s time to take these Nazis by the throat and make them cough up all their personal & financial information, including exactly what & how much crypto Elon Musk owns. You don’t get to declare an answer and insist it is correct without showing proof. The teacher downgrades lazy students for that in school, or at least they used to. Trump & Musk can’t be bothered with such meticulous work & proofs, they were never good that sort of stuff. These conmen sell you dreams– from Riviera casinos in Gaza to the colonization of Mars. None are economically, scientifically or materially possible but they keep selling and too many keep buying because they see no hope anywhere else.

The Trump-Musk koolade is starting to wear off for his working class voting base. The right-wing militias such as the Proud Boys are still solid, but young working men & women with high school & college degrees that need good jobs & fulfilling career opportunities are already feeling bitter disappointment in Trump. This creates a political vacuum for the SEP/WSWS to grow in numbers & political force, by offering a leftist solution to war, inequality, genocide & dictatorship.

The Democratic Party koolade is weak piss that has been rejected by the masses. Bernie Sanders is still trying to corral the left, but all he gets are upper-middle class philistines who want to record some camera-phone soundbites then post to social media. Celebrity worship meets vicarious activism for fake left Democrats. Their strategy is to reach out to Republicans disaffected with Trump’s oversteps, particularly his cutting off US military aid to Ukraine after the Trump-Zelensky shouting match in the Oval Office last Friday. That Ukrainian military aid cut-off announcement was made official by Trump yesterday. Media pundits pontificated whether Ukraine military aid could be ended by Trump, or if it needed Congressional approval, etc… and while these scarecrows babbled about that, Trump went ahead and did it. Fait accompli.

The pace at which humanity is being hurled towards WW3 has quickened. Only a politically conscious mass movement of workers linked internationally can stop imperialist fascism from destroying us all. We need a global sitdown strike organized & led by the most class conscious rank-and-file workers to bring capitalism to its knees & slay the dragon. It is a dialectical process, meaning the seeds of revolution are sown in all this capitalist madness, so make sure to take an increased class consciousness & seriousness in your words & actions as this movement towards world revolution culminates. This is a chance for the youth & workers of the world to unite & express their historical voice, so tell your friends & don’t miss it.

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The Trump-Musk White House crypto summit

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Elon Musk recently stated on a Joe Rogan podcast that Social Security is the biggest Ponzi scheme ever. Will anyone from the press ask Elon Musk before, during or after this upcoming crypto summit how bitcoin, NFT’s & the rest of cryptocurrency aren’t a Ponzi scheme?

The new Trump administration has already dropped SEC lawsuits against crypto frauds Coinbase & Metamask, while killing SEC investigations into Robinhood, Gemini & Open Sea. Many of these pardoned criminals will be welcomed at the first White House “crypto summit” to be held this Friday, March 7.

Trump-Musk talk big about “fighting fraud, waste & abuse” by cutting Social Security, Medicare & Medicaid, and that’s why Elon Musk needs access to every American’s information, etc. But Elon Musk is the world’s biggest holder of Bitcoin, the most overvalued of all the cryptocurrencies. That’s a serious conflict-of-interest in allowing the largest crypto tycoon to dictate government spending & monetary policy.

Crypto is fake money, worthless to its ethereal essence. You still can’t buy a Big Mac with it and for good reason, but Trump-Musk are seeking to change that. These fascist crypto fanatics have no real imagination or ingenuity, so they want to make bitcoin and other select crypto currencies (surely controlled by Musk), into US legal tender. That is a MAJOR shift in White House economic policy, and it wasn’t even discussed on this Sunday’s Meet the Press on NBC.

The FTX collapse in November 2022 and the criminal exposure of its ‘genius boy wonder’ Sam-Bankman Fried proved to most of the world that crypto is a fraud. It was the most damaging event that hit the crypto industry since in the onset of the COVID pandemic, along with the raising of interest rates.

By December 2008, the Fed had lowered the Fed funds rate from 5.25% in September 2007 to near zero. Rates were kept near zero until they were increased back to ~5% during the Biden administration. The entire crypto boom, from inception to today has been fueled by low interest rate speculation and political favoritism, now in the form of Trump-Musk.

When the Supreme Court ruled on the SEC v Grayscale case in August 2023, crypto became sanctified as a valid tradable commodity that can be backed by the US government if an industry crisis occurs. This has set the stage for Trump’s crypto con as US President.

Elon Musk is also the whale for most of the other leading crypto industry staples including Dogecoin and probably stablecoins such as Ether, Etherium, etc. Only Musk knows all the answers here, but no one will ask him and demand a serious answer.

All this crypto is worthless, so Musk’s true worth is probably negative with all his debt, but no one is allowed to audit him or ask him such questions. Fascists don’t allow themselves to be insulted like that, and that’s why they surround themselves with yes-people & armed security loyalists. That’s how fascism works, with collaborative help from the imperialists (CIA Democrats) which extends through the corporate media.

Bernie Sanders did appear on Meet the Press the Sunday as the Democratic Party has rolled him out again to bellow his fake left anti-oligarchy message to anyone who will listen. Bernie is set to tour Wisconsin & Michigan this week, holding rallies in districts where Republicans unexpectedly beat Biden-Harris in 2024. In Wisconsin, this meant skipping working class Milwaukee for a UW venue in Kenosha & then moving on to wealthier areas west of Madison. This is where liberal leader Bernie Sanders believes he can be most effective.

Trump has pledged to make the U.S. the “crypto-capital” of the world. The Trump family now has various crypto ventures in the works and others that are delivering revenue. Eric Trump delivered a keynote address at Bitcoin Mena 2024 in Abu Dhabi, stating “You’re going to have the most pro-crypto president in the history of America.” In response to the deluded Trump-Musk crypto faction, historical materialists reply, “The history of America is infinitely more significant and of weight than the advent of bitcoin ~2010.”

This is where the “American economy” is heading: more Trump tax cuts for the ruling oligarchy, more anti-immigration propaganda & enforcement– all paid for through massive cuts to Social Security, Medicare & Medicaid.

Trump’s heated argument with Zelensky in the White House on Friday has CIA Democrats & EU imperialists in crisis. Trump is being criticized for telling the truth to Zelensky publicly, where everyone saw it. Trump told Zelensky that he is losing the war (which he is) and can’t last for a week without US support (he can’t). This exposure of such truths to the American & working people everywhere infuriates CIA Democrats who privately advocate hostility towards Russia above all else. “Humanitarian intervention” & “defending democratic rights” was always a lie and now is worn out propaganda to the Trump administration.

This Trump shift in Executive priority on US foreign policy has evoked a virulently hostile reaction in the corporate press, particularly from the liberals. Trump doesn’t see Russia as an enemy, he prefers to launch a world war against China instead. Not seeing Putin as the primary enemy is an unforgivable betrayal to strategic CIA imperialists. The Democrats insist on unending war with Russia, and that is the difference between the CIA Democrats and the Trump fascists. It’s his racial hatred of Asians that fuels Trump’s foreign policy shift, and he did this during his first administration so it’s no surprise. Of course, all this is covered up in the media, who want to claim they are being blindsided and that US foreign policy is being wrecked & compromised by Trump.

The idea for Trump is to keep attacking immigrants & Palestinians as neither have an army to defend themselves against imperialism and a fascist police state while no bourgeois politician will defend them. Defending the democratic rights of Palestinians in Gaza would be “antisemitism” according to the Orwellian semantic inversion of the US corporate-government propaganda machine. This messaging keeps the coming world war distant to most Americans, so people aren’t completely discontent. The message is: Things will get worse as far as jobs & inflation goes, but Trump will magically make it better in the end. Just continue to believe in our fuhrer.

It should go without saying that fascism needs to be exposed for its inherent evils & then ruthlessly opposed through its defeat, but unfortunately it still needs to be stated & repeated. NBC’s Meet the (Lying) Press is filled with collaborationists, fascist sympathizers, and fake leftists who are the most dangerous enemies of the working class. It requires total war from organized & disciplined working masses internationally to defeat fascism which has now developed into an international phenomenon of the bourgeoisie.

Musk accuses the US government of having “magical money computers” that has led to its $36T debt. This debt, mostly owed to billionaire bondholders has ballooned since the 2008 federal bailout of the banks & financial system. This bailout for the rich gave rise to bitcoin, the first cryptocurrency created by magical money computers into instant wealth.

He started with Tesla & SpaceX, but crypto is how Elon Musk became the richest person on the planet and able to overpay for Twitter & buy his way into the White House. Musk calls government fraud “sheer madness” that must stop, without showing the American people any proof, as he continues his semantic inversions, big lies & distortions of facts, particularly in terms of the value of the US dollar based on an economy that produces goods & services and collects taxes on its GDP, versus the crypto Ponzi scheme of which Elon Musk sits atop the pyramid.

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