Crypto-fascist history & propaganda

The financial press is buzzing over bitcoin’s performance as compared to the bond & stock markets since Trump again took office. Banks and other corporate institutions are looking to cash-in on the new crypto gold rush. What a story, blah, blah, blah…

Meanwhile, there is virtually no mention or analysis of crypto-fascism in the fake media. Any sensationalist crypto tidbit is fine to report in the corporate media, but the dangers of Trump-Musk crypto fascism must be kept quiet. Crypto-fascism is an issue that could topple the entire economic & political house-of-cards, it is that murky-murky. Crypto is probably tied into ICE disappearances of visa students & even US citizens to Central American prison hellholes. Constitutional rights and due process have been thrown out the window by the crypto-fascists, while traditional finance & the CIA Democrats sit on their hands and do nothing.

There is massive popular resistance to fascism in any form, but it is being marginalized & politically suppressed by the corporate-union apparatus. Polling data can’t be relied upon, as all their numbers are clearly faked upwards to boost whomever is US President. As a rule, I cut all “in favor” or “support” poll numbers in half– at least. Corporate polling has class bias favoring the upper-middle-class & ultra-wealthy, meaning it doesn’t accurately reflect popular sentiment because it excludes working class & the poor, ie- the great majority. There are plenty of non-voters who are disgusted with Trump & the Democrats, but their voices are silenced by the two-party straitjacket.

Corporate America installed Trump in 2024 and therefore they must bow to his wishes, unless he goes too far as he did with his steep tariffs, then Trump zig-zags somewhat. To illustrate who is in charge, just two days ago Amazon threatened to post the cost of Trump tariffs online, provoking a tantrum from the führer who immediately called Jeff Bezos to demand a retraction, which happened. In this vein, favorable reporting of crypto is primary for Trump. Crypto connections to murky fascist third-world prison camps is NOT on the White House agenda for the corporate press. Legitimizing bitcoin and playing up its “benefits” as a ‘reserve currency’ is the crypto-fascist propaganda line.

Crypto exchanges recommended by Google/Investopedia (as of this publication) are: Kraken for lowest fees; Gemini for best experienced traders [!]; Coinbase for beginners [!!]; Crypto.com for bitcoin; and Bitmart for altcoins. These listed exchanges are proven frauds, most were given wrist-slap punishments for their malfeasance during the Biden administration. But even that limited government oversight is now deemed too harsh for Trump-Musk and his crypto fascist cohorts.

To correct myself on a bitcoin anecdote I shared yesterday, according to crypto folklore in 2010 a bitcoin owner offered 10,000 bitcoins for two pizzas, which is the first claimed transaction in crypto. Of course, there are no receipts or proof-of-purchase documents, just online hearsay, but Kool-Aid drinkers are very sensitive & particular about bitcoin history so to avoid hysterics I wanted to set the record straight on that. It wasn’t just a “few bitcoins” as I wrote, it was ten thousand– supposedly.

I read now that January 3, 2009 is considered the bitcoin launch date. Color me skeptical there too, as bitcoin price data first became available only in July 2010. Kool-Aid drinkers keep trying to push bitcoin development & historical dates backwards in time (18 months) to give it more longevity. This supposedly helps in selling crypto’s legitimacy. As a side note, I suspect many pro-crypto online comments are now being generated by Elon Musk AI bots.

In terms of crypto history, 2017 was the year bitcoin exploded into popular consciousness, especially on social media. Bitcoin started at ~$1,000 and went crazy from there, maxing-out at over $19,000 by December. But bitcoin crashed (again) in 2018, ending the year at ~$3,700. If there is any single repeating trend in bitcoin history, it’s its boom-bust cycle. That keeps getting overlooked by crypto proponents, as does the FTX/SBF crypto fraud of 2022, etc.

Satoshi Nakamoto conceived a maximum of 21 million bitcoins ever being created or “mined,” which is crypto gospel. This fixed supply creates an ever-increasing demand among Kool-Aid drinkers (who don’t understand where money comes from or how it is a store of value), which perpetually inflates the crypto bubble. Libertarians all believe in supply-and-demand as a store of value, while entirely ignoring commodity use value, which means bitcoin goes to zero when the crypto bubble bursts.

As of this publication, the total number of bitcoins created is 19,857,590.625. This means there are over 1.1 million bitcoins remaining to be mined. Crypto whales own all the bitcoin, and here are the numbers to prove it. The top 8% of crypto wallets own ~99% of all bitcoin in circulation. The top 1% of crypto wallets control over 90% of the bitcoin.

Currently, it costs ~$137,000 in electricity for a small-scale operation to mine a bitcoin. Gizmodo estimates the most optimal cost for whales mining a bitcoin to be ~$82,000, up from ~$56,000 last September. Rising interest rates and/or energy costs put all bitcoin mining operations into the red, no matter how large their scale. Then you have to store bitcoin on a slow & bulky blockchain which is another energy hog in terms of computer use. The costs of crypto never end.

The only way bitcoin can remain viable is for its price to keep rising. That is the definition of a pyramid scheme. The pressures on bitcoin are immense, as it is requiring huge flows of billionaire capital just to keep the crypto Ponzi scheme from collapsing. There are plenty of fascists with nine zeros in the bank accounts, so lack of capital won’t be the direct cause of the final bitcoin collapse. It will more likely be a mass public awareness of the dangers of crypto-fascism that eventually brings down bitcoin. In any case, the big crypto crash is inevitable and it is coming soon.

Investigating basics & tips: When following & investigating crypto, you have to do an initial deep dive into the subject, then pull yourself out of the muck while learning to see macro-trends over time. Don’t take your eye off the ball, which is bitcoin. I’ve posted all the crypto shortcuts you need (and you need them), so start here, here & here. For the record, my first article on crypto was in December 2017, so I’ve been following long enough to know what goes on.

A seminal event in the Trump-Musk administration was the White House crypto summit on March 7, previewed the week of here & here, then reported here.  One can’t understand crypto-fascism without understanding the importance this recent political event, which most of the media ignored or at best only took lightly. Now they are rushing to catch up.

By mid-2023 US crypto banks Silvergate, Silicon Valley Bank & Signature had collapsed (reported here & here) and as a consequence, Coindesk cut their staffing dramatically. Since then their crypto reporting has turned into headlines only or bland AI-generated content. They even limit the number of free articles per month now, something they never did in their prime. For years before that, Coindesk was the best place to go for anything news in crypto. Now it’s probably Cointelegraph. What I learned at Coindesk is that you definitely need to be young to survive in crypto, as I believe the speed of it all is part of the addiction. When crypto was dead-in-the-water by mid-2023, every Kool-Aid drinker looked towards Donald Trump as the white knight who would ride in and save crypto, when he is actually the conman who rides away with all the loot.

Things happen at such dizzying speed in crypto, and everything is mutable, especially its history. For instance, I typically use Coindesk’s bitcoin tracker, but sometimes I’ll use bitcoin data from another source, as I did above. Often when I compare historical tracker data, there is a significant difference in bitcoin price. Kool-Aid drinkers always rattle on about ‘secure blockchains’ and their ‘immutability’ yet I’ve seen & reported bitcoin tracker data manipulated. Bitcoin falling to $26 on Coindesk’s tracker on July 2, 2019 was proof positive that crypto is entirely a scam. Coindesk covered up their own blockchain tracker data meltdown with generic garbage and pretended that no one noticed– and most didn’t. That’s how crypto has gotten so far.

Understand you don’t see that level of blatant manipulation & fraud with any fiat currency or exchange-traded commodities– these exchanges all list the same prices, always. There are ‘reputable’ trackers for different crypto, and it’s been boiled down to a few (Blockchain Explorer & Coindesk) since Fed interest rates were lifted, but now they mostly share their data to maintain “industry continuity” which (in their mind’s eye) burnishes their public veneer of legitimacy. In other words, crypto Kool-Aid drinkers assume you are too stupid to ask questions and brazenly go ahead from there. Once confronted with facts & rational understanding crypto fascist Kool-Aid drinkers can be neutralized by their own poison.

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Real gold & “digital gold”

Bitcoin is a modern day Jesus story. Divined by Libertarian ideologists post-2008 crash, it was a murky conception in online forums where its creator shared his vision with computer programmers. From this starting point, over an indefinite period of years, bitcoin became an online presence. The first bitcoin transaction anecdote (it’s all anecdotal in crypto) I read about was a few bitcoins being used to pay for a pizza delivery around 2011 or so. Is that story true, who knows? But the point was to establish a comparative market value for bitcoin, and from there it could be pushed up by Kool-Aid drinkers on social media. That’s how crypto started.

It feels very similar from what I’ve read, to the way Paul preached the gospel of Jesus in the first-century CE. At first only a few believed such amazing tales, and early Christians were persecuted as heretics by the Romans, but eventually Paul’s apostles founded the Catholic Church becoming the most powerful institution in human existence through the Middle Ages, only yielding somewhat during the Enlightenment and the rise of capitalism out of medieval guild, trade & manufacture.

Eric Trump in Dubai today: “If banks don’t watch what’s coming, they’ll be extinct in 10 years [!!]… The modern financial system is broken, it’s slow, it’s expensive,” lauding decentralized finance (crypto) as a way to bypass the supposed ‘inefficiencies’ & ‘lack of privacy’ with traditional banks.

Crypto is the ‘alternative’ to the US dollar that the Trump-Musk administration is planning. A ‘bitcoin reserve’ is completely hare-brained, and entirely for the self-enrichment of these crypto-fascists who are moving forward on this at warp speed as red flags pop-up everywhere.

Gold is the ‘safe haven’ for traditional finance, while bitcoin/crypto is where fascist billionaire capital is now pouring into, and it’s a life-or-death struggle between these two camps of late-stage capitalism. Trump-Musk are insisting on crypto as viable money to be used as a mechanism to achieve police state fascism, and as long as bitcoin is price-surging the de-fi crypto-fascist camp has juice.

I have been routinely Googling “crypto” since the Trump summit in early March. At first, I turned-up only the usual-type industry stories on Cointelegraph, Coindesk, etc, with little connecting to Trump. But in the past three weeks (& since the Trump tariffs were announced), I’ve seen an explosion in Trump-connected crypto stories from heavy-weight financial publications– Barron’s, Bloomberg, WSJ, etc. The NYT just did another (not very revealing) in-depth piece on Trump-crypto, and it had over 1,100 comments as of this publication. Crypto is the unreported story people are most-interested in knowing more about, because it has so much of Trump’s attention and is being kept so secret. This is why bitcoin/crypto deserves more investigation & serious analysis.

Crypto Kool-Aid drinkers consider bitcoin to be “digital gold.” With Trump now sipping the crypto Kool-Aid, bitcoin compares to real gold in this economic struggle among the bourgeoisie– traditional finance vs de-fi crypto-fascism. The most frequent comment I see (& infer) from readers is how difficult it is to understand crypto. I’ve done the best I can to explain crypto in basic terms without getting too bogged down in details or leading into rabbit-holes which the industry tries to do to investigators.

To simplify, bitcoin rules crypto, so only follow that price– which is all-important in crypto. The rest, from etherium to all the stablecoins, memecoins, etc, are second-rate & third-rate crypto, as they all follow in the wake of bitcoin. Trump crypto is ‘third or fourth rate’ value by industry standards. Most crypto isn’t “mined” as tokens are usually made up with computer code and dumped onto a blockchain to prove legitimacy. If only Karl Marx had known how easy it is to make money, he wouldn’t have needed to write Capital (1867).

With bitcoin being the ‘gold standard’ in crypto, everyone in the industry creates their own tokens, which they pump & dump turning them into bitcoin whenever possible, which they can always cash out for dollars. Crypto is always about pushing up bitcoin, which is the only crypto that is coveted. Manufactured pseudo-events such as bitcoin halving, token unlocks, etc, are nothing more than money flowing to the person at the top of that crypto pyramid. Understand that Kool-Aid drinkers who own bitcoin are all on the Trump train.

Real Marxists have published valuable essays critical of Frankfurt school post-modernism. The central tenet of this fraudulent philosophical system is that there is no objectivity, everything is subjective in the “mind’s eye,” etc. The ideological implications of post-modernism are now stretched to their most extreme limits when de-fi crypto fascists claim bitcoin to be “digital gold.” Gold, perhaps the most ancient & still-valuable commodity extracted from human labor power is now compared to a Ponzi scheme built on super-computers solving complex mathematical puzzles to “mine” bitcoin. Bitcoin/crypto under Trump-Musk is post-modernist thought applied to capitalist political-economy.

As far as who will be the next Fed chairperson in May 2026, since Trump gets to pick, the key question will be: What is their stance on crypto? Reuters reported today the Fed has already signaled a one point rate decrease by year’s end, which is crypto-friendly Fed policy that keeps Trump happy. Recall that Trump appointed Jerome Powell in February 2018. So what has fundamentally changed since then to cause such White House animosity? Answer: Trump’s stance on crypto.

What this means as far as White House economic policy goes is the strength of the US dollar is still the most important macro-economic factor for Trump, with the bond & stock markets secondary. Trump has a very poor understanding of all this economic inter-relatedness, which means his ‘crypto vision’ is analogous to a child playing with matches. Note that bitcoin is always denoted in US dollars, and therefore is intimately connected to it in the mind’s eye of all crypto Kool-Aid drinkers. The US dollar can take a small hit in the process of Trump building his crypto empire through a policy of legislative deregulation & industry manipulation, but ultimately he needs the US dollar to be stable to convert his crypto gains into cash. That’s crypto-fascist economic policy.

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Crypto-fascism & police-state fascism

Steve Witkoff is crypto-connected, serving Trump-Musk as US Special Envoy to the Middle East. What isn’t being reported in the media, but crypto fascist theory predicts, is the establishment of a global network of crypto-fascist back-channels with governments, NGO’s & powerful international institutions such as FIFA.

Trump-Musk crypto-fascists are using bitcoin for its black ops, dirty tricks, etc, in the same lawless manner as the CIA. No US President has ever acted this way before, not even first-term Trump. Trump-Musk crypto-fascism is being kept secret to the public, but its blatant bias is practically out in the open now. To not see & understand these invisible tentacles of crypto-fascism is political blindness & revolutionary negligence.

The global hubs of crypto are Singapore, Hong Kong, Dubai, El Salvador, and now the US– which is the qualitative change. Another qualitative change is how quickly Trump-Musk arguments have moved out of the legal realm and into the arena of combat to defend workers & students against ICE snatch & grab goon squads.

To defeat Trump-Musk crypto-fascism, this murky phenomenon must be ruthlessly exposed & politically attacked for all its criminality & social pathology. Crypto is surely being used by Trump-Musk to fund the Proud Boys, etc, as crypto-fascism is now the open (& dirty) secret that no one in Washington or the fake media wants to discuss.

When Hitler took power in Germany in 1933, police state fascism was the form of Nazi government that terrorized the population with its Gestapo & SS. ICE is a limited form of that power in the US today under Trump-Musk, but it doesn’t have complete Nazi reach– yet. To achieve a fascist takeover, nefarious means are required and a chief vehicle for that end is crypto which allows fascism is slowly creep-in without too many people noticing– until its too late. That’s the Trump-Musk crypto-fascist plan which must be countered & defeated.

Crypto-fascism 101: The US dollar is under pressure along with the bond & stock markets. In the wake of the extreme Trump tariffs, gold & bitcoin have become the “safe havens” for excess capital, which is becoming divided into two camps: traditional finance & crypto fascism. As of this publication, bitcoin is now over $94K as crypto is entirely supported by billionaire fascism– an objective social phenomenon.

The financial headlines today should read: “Trump calls off Fed attacks as bitcoin rises again,” but every economist & financial journal overlooks it for some unexplained reason. Serious economists understand the bond market freeze of March 2020 as a significant event leading to a massive taxpayer bailout, but bitcoin’s recovery in 2020 was just as remarkable, although more hidden so let’s review.

COVID infected the world by March 2020, as bitcoin sank to under $10k and was going nowhere. Then in October 2020, bitcoin began a meteoric rise to ~$60K that took six months to achieve, where it then yo yo-ed for about a year until it crashed again in March 2022 to ~$16K as crypto ventures began to fail left & right, culminating in the FTX collapse in November 2022. SBF & Silvergate, etc, crypto bank failures in March 2023 should have been the deathblow for crypto, but in September 2023, bitcoin began to skyrocket again and now it’s at $94K. What accounts for bitcoin’s resiliency & spectacular rise? Billionaire fascism.

Note that it was rising interest rates which started bankrupting crypto firms in the spring of 2022. It started when “stablecoin” TerraUSD fell to US$0.10, losing its peg overnight and never regaining it. The Fed halted its interest rate increases because capitalists were screaming bloody murder, none louder than the crypto fascists. The Fed’s idea was to cull the economic weaklings in order to save the whole, but the biggest weakling (crypto) found political support when Trump teamed with Musk which happened around this time. Coincidentally that’s when bitcoin took off and Grayscale beat the SEC in the US Supreme Court, etc.

At the March 7 summit, Trump proclaimed the crypto gospel, “Never sell your bitcoin.” He’s repeated that a few other times since, much more than any rational on the strength/weakness of the US dollar, I’ve noticed. Crypto Kool-Aid drinkers all know you don’t sell your bitcoin, because if you do, the price goes down. That’s how Ponzi schemes operate. It’s about inflating a very fragile market, highly manipulated by a few whales. One large bitcoin dump at the wrong time will crash crypto and Trump tends to panic when stressed, so… In revolutionary terms, taking down bitcoin is part of how to win.

The war between Trump-Musk crypto fascists and Federal Reserve Chairman Jerome Powell is a life-or-death struggle among the decrepit bourgeoisie. If the Fed decides to raise interest rates another point or two, then bitcoin death spirals to zero– meaning the end of crypto. Bitcoin-to-zero is the dagger that kills Trump-Musk crypto fascism.

Congressional legislation related to crypto and all the related political angles needs to be explained & analyzed. As far as tracking of crypto transactions goes, Trump-Musk and all their known crypto associates need to be tracked for wallet & blockchain activity– particularly El Salvador’s president who is deep into crypto. That murkiness exposed becomes raw meat for an angry public.

Classical Marxist economic theory must now be augmented with this dialectical conquest because the US government is now controlled by Trump-Musk crypto fascists, which is a qualitative change from what came before. Be aware there is a faction (flavor) of original crypto Kool-Aid drinkers who are upset over their ‘de-fi’ dreams becoming a Trump-Musk fascist monopoly. ‘De-fi Kool-Aid drinkers’ are the people most likely to be helpful to left-wing crypto detectives, but be careful about making noise when going into their forums. That’s the dialectical double-edge on that.

What I’ve outlined in the past weeks is how we got here with crypto, how to get through the looking glass dialectally, and where to go from there. It’s not easy gaining a historical materialist understanding of something as immaterial as crypto, so take any shortcuts you can find. Researching crypto is to enter the heart of darkness. This is naturally scary & daunting to humans, so to be effective in this domain, learn to behave like an arachnid. The idea of the crafty spider is to connect nodes by casting a web in the dark. Silently hone in on suspicious activity, while interconnecting and learning to interpret crypto web vibrations. This is how to achieve success at crypto investigation. Stick with the process, do the work, and you will be amazed at what you catch.

Marxist conclusion: The final take-home point theoretically is that Trump-Musk crypto fascism is not a stable regime. Its reliance on crypto makes it a “stablecoin transitional regime” attempting to establish a fascist dictatorship. Crypto is the hidden vehicle being used by Trump-Musk to achieve police-state fascism in America. Crypto-fascism is highly unstable and can blow up at any time so be prepared.

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Trump-Musk crypto-fascism

The narrative is: Trump is pushing against Fed Chairman Jerome Powell which is weakening the US dollar. But for what purpose? Why does Trump want Powell replaced? Let’s be clear: Trump doesn’t care about the stock markets, the trade deficit, a strong dollar, or the nearly $37T national debt. These are vehicles Trump first appeases, and then uses to impose his will– nothing more. If you asked Trump to explain his tariffs and what impact they have on the US dollar, etc, he would just mumble more garbage, because he doesn’t really understand or even care.

The all-mighty bond market only gets Trump’s attention when it is under duress and JPMorgan Chase CEO Jamie Dimon speaks out. Apple complains about China tariffs hurting iPhone sales and the tariff gets withdrawn, etc, but that’s as much as Trump will acquiesce. He still holds a gun to all their heads and no one knows what he will do next. How is this to be explained?

Historically, Donald Trump only invests in his own ventures (real estate, casinos, airlines, reality TV, etc), and currently the Trump family is all-in on crypto. This is revealed in two separate, but related macroeconomic processes: the rise in the price of gold & a surge in bitcoin.

Gold is anti-crypto. Gold has had material use value for eons and thus will continue to retain its value. Gold can be used for dental fillings, jewelry, conductors & semi-conductors, etc. Gold doesn’t tarnish or rust, and it highly malleable, having many industrial uses. Gold is where wealthy crypto skeptics are putting their money now, which accounts for its increase, as the stock & bond markets continue to be under pressure from the tariff policies of Trump-Musk crypto-fascism.

Trump calling for the removal of Fed Chairman Jerome Powell is nothing less than a power struggle to control the global money supply. In simplistic terms, Powell & the Federal Reserve Bank represent the CIA Democrats & Warren Buffet, ie- traditional capitalist finance. Trump-Musk crypto fascism is something new, a bankrupt attempt to redefine what money is. It’s a struggle to the death between these two camps of elite capital, and it’s still undecided.

If the Fed decides to raise interest rates another point or two, then bitcoin death spirals to zero– meaning the end of crypto. Bitcoin-to-zero is the dagger that kills Trump-Musk crypto fascism. This is at the heart of the current Trump-Fed conflict.

Trump tariffs are provoking the most serious conflicts among elites, most of which are kept behind closed doors. Media leaks are become prevalent on White House crypto policy as the crypto-fascist character of the Trump-Musk administration becomes more & more clear to everyone.

Crypto-fascism is a secret & murky form of political-economy where foreign/domestic policies & intentions are kept hidden from the public and are increasingly paid for through illicit crypto back-channels. Trump-Musk connections with El Salvador’s president are among the most striking examples, yet to be fully uncovered. Crypto is now seeing massive inflows of billionaire capital to prop up the flagging industry, which entirely accounts for the rise in bitcoin.

Crypto elevates fascism to an extreme level of unaccountability, which is the political danger. Traditional financial paper-trails are eliminated by virtual wallets & private blockchains. It is extremely difficult for investigators, who aren’t familiar with computer coding, etc, to follow the money in crypto– and that’s by design.

Trump-Musk crypto-fascism is what follows the Biden-Harris plutocracy. It is the next logical step in the illogical process of late-stage capitalist degeneration. Today we exist in a fake economy that produces little innovation & value in every sphere: education, healthcare, art, film, music, sports, manufacturing, technology, etc. What is valuable, such as AI technology, is monopolized by big capital and used against the workers. The economic wasteland, created by decades of bipartisan class war, has opened up the terrain for Trump-Musk crypto-fascism.

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Trump tariffs & crypto

Import tariffs are collected by U.S. Customs and Border Protection agents at ports of entry and are paid for by American businesses. Importers pass on the cost of the tariffs to consumers through higher prices so it is essentially a public taxation. The Treasury Department gets to spend the money collected from US tariffs, and currently Trump is stirring a major conflict within the Treasury Department through Elon Musk.

Trump also attacked Fed Chairman Jerome Powell last week, saying he should be fired immediately, instead of being replaced at the end of his term, which can’t come soon enough, etc. CNN has reported that Trump is considering former Fed governor and crypto startup investor Kevin Warsh to be Fed chairman once Powell’s term ends in May 2026.

In whatever manner Trump decides to use import tariff proceeds, it is to be at his discretion, as Trump has usurped the Congressional power to tax & spend. That is an overlooked aspect to Trump’s tariff strategy. No one asks Trump the obvious question, “What are you going to do with the tariff money?”

Politically speaking, Hitler & Trump are historical equivalents and both are compulsive gamblers who go all in. Crypto is how to read Trump’s next move. Now we’re beginning to seeing proof in the corporate media. Since I published my Trump-crypto theory last week here & here, the bourgeois press (for the first time) has taken up the issue. For example, the New York Times featured an Op/Ed the weekend titled: “What Trump Is Doing With Crypto Should Worry Us All.”

“Crypto crooks congregate & conspire in the White House” was published on my site on March 7, 2025, where I outlined Trump-crypto. In a surprise & rambling opening announcement to that meeting, Trump touted a sponsorship deal with FIFA for World Cup 2026 to be played across North America and apparently crypto will be the product. As with all Trump schemes, details were sketchy, but why else would FIFA be at Trump’s White House crypto summit? FIFA is a powerful international organization, so them partnering with Trump on crypto was serious news, yet no one in the bourgeois press analyzed or discussed it.

Since then bourgeois economists, business executives, etc, have been confounded & bewildered by Trump’s policy moves. Big business needs to be able to read Trump, which is why my Trump-crypto theory is now gaining popular traction– in a diluted form & without me being mentioned– of course. It takes a Marxist to figure it out, which is what they hate.

Trump is clearly addicted to crypto, which is driving his policy decisions. Crypto is extremely unpopular with the public, as I estimate ~95% of Americans believe it to be a Ponzi scheme– which it is. Just review readers’ comments on any mainstream soft-soap crypto article and you will see the popular disdain for bitcoin/crypto. Businesses & consumers paying more for goods so Trump can convert his crypto into cash via tariffs deposited into the US Treasury is an explosive revelation. That’s why it is kept secret in the media & the White House.

Marxists are materialists so we judge Trump and his fascist cabal by what they do, not what they say to the press, because that’s all lies. Since I struck upon this Trump-crypto theory long ago, I haven’t seen one political action from him & his cronies that contradicts the premise. Everything Trump does & tweets reinforces his crypto criminality which he hides.

Sunday afternoon post-script: I’m watching the first weekend of the NBA playoffs on ABC while being bombarded by crypto propaganda. For instance, the LA Lakers & Clippers play in Crypto.com Arena. The crypto app Robinhood is displayed on the Memphis Grizzlies jerseys. Coinbase is running commercials claiming it is the “future of money.” These companies were under SEC investigation & faced prosecution for their criminal activities only a few months ago. Now that Trump is President again, they’re all running ads to promote their new found legitimacy.

Final conclusions for now: In macroeconomic & biologic terms, crypto whales are eating what’s left of the krill– ie, de-fi Kool-Aid drinkers remaining in crypto. Today there is virtually no new grassroots money moving into crypto; it’s all venture capital, hedge funds, big corporate, with banks looking to get back in after the Silvergate, Silicon Valley Bank, etc, crypto bank crashes of 2023.

None of these sober lessons, nor those of FTX/Sam Bankman-Fried in 2022, are to be mentioned under new Trump crypto policy. Crypto criticism could eventually get you snatched & grabbed off the street in the name of ‘national security’ and sent to a terror prison in El Salvador for the cost of a few Trump tokens. Who knows?

PAC money buys not only politicians’ votes, but favorable corporate media bias, which explains the media soft-soaping of crypto in the past few months after blanket skepticism from the DOJ/SEC/FTC, etc, under the Biden-Harris administration. Barron’s, Bloomberg, the WSJ, etc, all seem much more open to crypto now, isn’t that something?

Too many blockchains is the biggest logistical problem in crypto right now. After bitcoin is “mined” by a supercomputer, it lives on a computer generated blockchain, which supposedly provides an ‘immutable digital fingerprint’ for security. Some blockchains are public (open source) and some private– which means casual users with high computer aptitude can’t check private blockchain code to see if there is any hanky-panky going on with that crypto.

Blockchains usually aren’t compatible with other blockchains, meaning bridges, roll-ups, crosschain aggregators, etc, are needed to move crypto from one blockchain to another, or to trade one form of crypto for another because bitcoin & etherium, etc, aren’t on the same blockchain. None of this was worked out when these cryptocurrencies were concocted, as every blockchain owner was too excited about making money for themselves to care about the ecosystem.

This spawned half-baked solutions such as “wrapped tokens” which are cryptocurrencies usable on different blockchains. For example, “wrapped bitcoin” is coded to operate on other (non-bitcoin) blockchains. This leads halfway, but no further, to the main technical problem in crypto today which is too many blockchains that don’t integrate. I don’t have these problems when I try to move US dollars in & out of my bank account. I just enter a PIN at the ATM and it spits out cash & a receipt. How is “blockchain technology” better? No one in crypto can answer that question with a straight face.

These interfaces (bridges, roll-ups, etc) between native blockchains are vulnerabilities that malicious hackers can exploit to steal crypto. Crypto is stored in a digital wallet, with a code key that must be remembered & safeguarded or else the crypto in that wallet becomes inaccessible & lost forever.

Some crypto requires creating a new wallet for that brand. The list of requirements for crypto security are seemingly endless, and still fraud is the industry norm. Friction among crypto users is high because of these critical issues which haven’t been solved. Basically the crypto industry has become an anarchist wasteland and that’s why they are looking towards Donald Trump as their savior.

Fragmentation (too many blockchains) of already thin liquidity levels of consumer investment has stifled support for an idea that was originally to be “de-centralized finance,” meaning anyone from anywhere could access the ‘crypto de-fi pool’ to trade tokens or cash out. Everyone was going to be a winner according to bitcoin economic theory. Instead there are thousands of isolated blockchains starving for capital, unable to efficiently link up and rally support amongst themselves as a ‘crypto community’ which they proclaim to be– but in fact aren’t.

Today, most crypto tokens aren’t worth trading or cashing out. Transaction fees, trade slippage, etc, eat up crypto profits for the krill, as they have to remain vigilant against rug pulls, fake wallets & other SBF-type flim-flams just to survive. The BIS has just stated that crypto increases global economic inequality, which predictably [!] has incited a hysterical denunciation from the Trump administration.

The crypto market changes so rapidly, allowing whales to manipulate large transactions while delaying krill trade orders into insolvency. Whales hogging digital bandwidth with their large transactions during times of financial duress is one method of crypto chicanery. Blockchains are bulky and therefore take more time to super-compute buy/sell/trade orders. The people who control the blockchains & platforms know all the dirty tricks and have all the power in crypto. It’s a completely rigged industry, based on nothing of value, while wasting billions in energy costs in order to maintain financial parasitism.

Trump-Musk crypto fascism: In marine ecological terms, the crypto whales have depleted the ocean’s krill by gobbling it all up, while turning up the temperature until all the plankton & phytoplankton necessary for life sustenance– dies. The biggest current problem according to crypto industry leaders is not being able to access those small remaining blockchains of tasty krill. Nothing else matters to these sickly-bloated whales.

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Convicted felon Trump decides who & what is “criminal”

Someone whom on May 31, 2024, a New York jury found guilty of 34 felony charges in a scheme to illegally influence the 2016 presidential election through a hush money payment to a porn actresses is now deciding who gets snatched & grabbed by masked ICE agents and sent to a terror prison in El Salvador for the rest of their lives. Below is the Trump 2023 mugshot for federal racketeering and related charges in Atlanta.

Trump is surely a much bigger criminal than all of these abductees put together. Trump is a criminal, where these people who were “disappeared” by the Trump-Musk dictatorship mostly have no criminal convictions and very-little-to-no supporting evidence to back absurd government claims of them being a terrorist threat. These are simply test cases for a Gestapo police state under Trump.

Trump crypto connections to El Salvador are troubling & hard to ignore. How (& how much) is the government of El Salvador being paid for taking these US abductees? The White House initially said $6M and nothing since. Is there a crypto back-channel between Trump & Nayib Bukele? The less public information available, the more likely it’s crypto. Apparently this black site was Bukele’s idea to Trump, the same President of El Salvador who tried to make bitcoin into national currency a few years ago and failed miserably. Bukele’s proposed “Bitcoin City” funded by “volcano bonds” was perhaps the most insane proposal in crypto’s 15-year history– which is saying something.

When you accept this theory on Trump & crypto, everything starts to fit politically. Crypto allows Trump to go ahead with CIA-type operations because no one in the corporate media can find the money trail. Everything is “unverifiable” and thus any analysis is “unsubstantiated reporting” etc, even as clusters of red flags pop-up everywhere. Nayib Bukele visited the White House on Monday and while sitting next to Trump insisted Kilmar Abrego Garcia and all the others who were abducted by the ICE Gestapo would not be return to the US. I’m convinced crypto has played a nefarious role in these murky operations.

Bourgeois economists who don’t understand crypto are dinosaurs in their field… and then the meteor struck on January 21, 2025. The US President traditionally defends the bond market at all costs, while minimizing losses in the riskier stock markets. That’s what the ruling class demands. The Fed plays its crucial role by adjusting interest rates to loosen or tighten the money supply per ruling class whims, thus affecting inflation & the relative strength of the US dollar as the dominant global currency.

Those are the most sacred institutions of capitalism, but since bitcoin rose to prominence in the 2010’s a ghost money market has appeared known as crypto- not a black market, but a gray market. Right now the bond & stock markets are falling, while the US dollar is losing legitimacy as the primary global currency, and gold has reached a record high. And what is bitcoin doing? It’s holding at $84K, a key price point, by its fingernails. Massive injections of capital are now supporting crypto because of Trump’s policy stance & private ventures including World Liberty Financial– a crypto platform owned & run by the Trump family.

That’s Crypto 101 and its driving Trump’s every move because it’s all about the free money he can conjure up and directly translate into political power for himself. The bond market (and definitely the stock markets) are of secondary importance to Trump verses crypto, which is unbelievable, but apparently the case. Crypto explains Trump’s partnership with Elon Musk, in deep cutting federal funding for every civilian sector. The money “saved” will be looted largely through crypto criminality if Trump-Musk get their way with upcoming Congressional legislation. The PAC money has been spent. Crypto is Trump’s secret weapon and his Achilles’ heel if exposed & exploited, it’s a dialectical double-edge.

When you turn your felony mugshot into a memecoin, you’re bankrupt in every sense. Trump supporters are now insisting to Trumpians in Congress such as Marjorie Taylor Greene that they reign in their fuhrer’s excesses. These calls from the working class Republican constituency have been met with mocking derision & police violence by Trump’s loyal cadre in Congress. Trump should have been impeached and removed from power already in his second term. With the Supreme Court locked up for Trump (the ultimate get-out-of-jail-free card) and the Democrats sitting on their hands, the working class is the only political force that can stop fascism.

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Trump’s crypto playbook

Donald Trump bankrupts everything he touches and that is a business fact– casinos, airlines, online universities, even football leagues have failed under his control. Then came reality TV, where Trump re-branded himself as a shark entrepreneur which helped him win the US Presidency in 2016. He lost in 2020, tried to overthrow the Constitution in 2021, then retreated to his Mar-a-Lago compound and hatched a new plan which included re-taking the Presidency & crypto.

Trump needed money during his inter-presidential years. He faced lawsuits of every type and was virtually bankrupt until he was once again bailed out, this time by his Truth Social IPO, which attracted billions from venture capitalists & hedge funds. Basically it was a ruling class tithe to Trump on his political future.

This is when Elon Musk became more & more tied to Trump. After buying Twitter, Musk allowed Trump back onto the platform which he had been banned since 1/6, which Trump then refused because he was now invested in Truth Social. Elon Musk was the primary economic force that rescued Trump from financial ruin after his electoral defeat in November 2020 to Joe Biden. That’s why he’s now Trump’s closest White House advisor.

Not coincidentally, Elon Musk, the largest bitcoin/crypto whale in the world, has turned Trump onto crypto. A bevy of legislative efforts are currently under way federally and in individual states meant to provide a regulatory framework that ensures no consumer protections while providing institutions federal bailout protections in case of industry insolvency. These are the purposes behind the GENIUS Act and other rubbish Libertarian nostrums currently being moved through both houses of Congress. The purpose of the Trump-Musk crypto campaign is to raid federal & state treasuries and replace their dollars with crypto. There is virtually no reporting or analysis of any of this in the mass media.

Meanwhile, SEC & FTC investigations & prosecutions into crypto criminality are being halted & abandoned as an economic policy of the Trump administration. Examples include:

Justin Sun, the Chinese-born crypto billionaire, inventor of the TRON crypto token and the USDD stablecoin. Justin Sun recently donated $75M in crypto tokens to World Liberty Financial (WLF)– Trump’s crypto platform. This made yet another SEC crypto investigation disappear, and WLF now owns huge stashes of TRON, etc. Take a look at this WLF portfolio screenshot:

Here’s an interesting reader comment I read on Yahoo: “Imagine if President Obama and his daughters were being funneled 75 million dollars from a Chinese national through crypto mined for and held in an account the Obama’s owned, so the Chinese national could have an SEC investigation in to his company scuttled. It would be on Fox News 24/7 and there’d be an immediate impeachment inquiry, likely with a few Dems on board. But when Trump does it it’s expected and tolerated. His diehards probably think it’s edgy and cool. The rest of the GOP is essentially complicit in this open crypto-corruption. It’s a pay to play admin and nobody will do anything about it. Notice how this story has zero traction.”

Recall that Justin Sun is the clown who bought a piece of “conceptual art” consisting of a banana duct-taped to a wall in late November 2024 and then ate the fruit a few days later. This “artwork” sensationally claimed to have sold for $6.2M, was paid for entirely in crypto, which was ridiculously overvalued then with bitcoin at ~$95K. So in crypto terms, Justin Sun paid 65.25 bitcoins for a duct-taped banana, not 6.2 million dollars as was widely reported. In terms of gauging the modern art market, 65 bitcoins is what a duct-taped banana is worth.

Gemini faced SEC allegations that the crypto firm offered and sold unregistered securities through its Gemini Earn program. In February, Cameron Winklevoss stated that the regulator had closed an investigation into a separate matter involving Gemini. Additionally, the company agreed in January to pay a wrist-slap $5M FTC penalty over “false and misleading” statements related to 2017 bitcoin futures contracts. Tyler & Cameron Winklevoss’ Gemini crypto exchange just opened a Miami office, as the lure of Florida for crypto companies is clearly linked to its ‘Wild West’ regulatory environment under Trump stooge governor Ron DeSantis, along with the absence of state income tax for residents. According to Bloomberg, Gemini filed confidentially for an IPO earlier this year.

Binance, is the largest crypto exchange in terms of daily trading volume. Binance was founded in 2017 by Changpeng Zhao, a software CEO who served four months in prison last year after pleading guilty to violating U.S. laws against money laundering at the world’s largest cryptocurrency exchange. “CZ” is still considered one of the most powerful players in crypto.

Coinbase was founded in 2012 by Brian Armstrong and is the largest U.S. based crypto exchange and biggest bitcoin custodian, holding 12% of the total supply. The SEC has agreed on February 27 to dismiss its lawsuit against Coinbase alleging that it was operating an unregistered exchange and facilitating the trading of unregistered securities. This signaled a major shift in US government policy on crypto.

David Sacks is Trump’s AI & crypto czar. Co-founder of Paypal, David Sacks has been a key figure in the tech industry for over two decades and is reportedly close with Elon Musk. Both Sacks & Musk surely helped Trump in taking over the crypto platform World Liberty Financial in 2024-25, finally getting the Donald a ‘respectable’ foothold in the crypto industry.

Everything in crypto now is moving towards stablecoins, which are tokens pegged to the dollar or some other currency at a 1:1 ratio. A recent Bank of International Settlements study of 60 stablecoins revealed they all lose their peg at some point, meaning they are the opposite of stable.

‘WLFI’ is Trump’s latest crypto token, and what is it worth you ask? Google AI has an answer: A World Liberty Financial (WLFI) crypto token is currently US $0.00000000000007093, with a 24-hour trading volume of $N/A. A Trump stablecoin (USD1) is in the works, with tokens to be minted on the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains– all owned & controlled by all DJT’s crypto cronies.

The Trump family gets 75% of net revenues from World Liberty Finance token sales, and WLF tokens are non-tradeable with holders not able to share in the profits. It’s the craziest disclosure agreement you would ever want to review, basically telling the buyer to “fuck off” after their money and/or crypto is transferred to WLF. Basically, the Trump empire will take whatever you want to trade in return for his worthless made-up crypto tokens.

What happens then? Since Trump was inaugurated, the TRUMP and MELANIA memecoins (Melania above) have lost 83% and 95% of their value, according to Coindesk. If you are looking for an indicator for which way things will go in crypto, Coindesk reported yesterday, “The TRUMP memecoin will undergo a major token unlock next week, with the team behind the project set to receive $320 million, around 20% of the circulating supply. The unlock might be another blow for the thousands of investors who reportedly lost a collective $2 billion after purchasing the token in January… Token unlocks are typically bearish events, as they involve flooding the market with fresh supply without providing incentives to drive demand.”

Apparently on April 9, Trump panicked and sold off large holdings of ETH at a huge loss just as his tariff hikes went into effect and as the financial markets were melting down. The Coindesk headline read: Trump-Backed World Liberty Financial Begins Selling ETH as Losses Top $125M– It sold ETH at $1,465 after buying it at $3,259. “Great time to buy,” was what Trump posted on Truth Social the day he was dumping ETH at a heavy loss. The next day (4/10), the Trump team denied their crypto dump publicly in order to restore investor confidence in crypto. What will the Trump position on crypto be tomorrow, who knows? It depends on which way the wind is blowing.

On February 5, 2025, Anthony Scaramucci, former Trump White House communications director tweeted, “Now anyone in world can essentially deposit money into the bank account of the President of the USA with a couple clicks. Every favor — geopolitical, corporate or personal — is now on sale, right out in the open.” The entire press media has resolutely declined to comment on this state of affairs.

The Senate Banking Committee is expected to soon mark up the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a Republican-led bill co-sponsored by Sen. Kirsten Gillibrand (D-NY). Gillibrand has worked for years to push crypto-friendly legislation through Congress, and reportedly now has a critical mass of Democrats (bribed with millions from crypto PACs) ready to collaborate with the Trump White House.

Final thoughts: Crypto is the perfect vehicle for a billionaire mafia heist of treasury funds, 401K pensions, etc. Trump, Musk, Sacks and the rest of these crypto-criminals want everything for themselves and they now have the keys. This executive bourgeois criminality must be exposed & punished collectively by an organized international working class armed with a revolutionary socialist program. Historically speaking, crypto will be seen as the most extreme distortion of economic reality in late-stage capitalism. Materially speaking, most things that are fake actually had something real at some point, but completely bankrupt from its inception, crypto is unique in that it NEVER had any legitimate use value. To understand how & why we are where we are now is to understand crypto.

The half-baked Libertarians who contributed to the original bitcoin ‘white paper’ post-2008 crash have seen their de-centralized finance (de-fi) dream turn into a Trump regulatory money-making monopoly. Irony? Not really, these pseudo-revolutionary pencil-necks can’t see past next week– politically & economically speaking. This is the bitter end of a reality that began for the crypto industry when interest rates started going up after 10 years at near zero created an incubator for crypto. ‘De-fi communities’ once thrived online, spreading their bitcoin gospel incessantly on social media which became the primary grassroots driver for crypto legitimacy. Elizabeth Warren (D-MA) has reluctantly & all-too-late taken up the torch of liberal resistance in Congress, as she is about to be swallowed whole by crypto PAC money. Leading CIA Democrat Mark Warner is among those supporting Trump on crypto.

** Asterisk comments on the duct-taped banana Justin Sun purchased last fall. First, he ate the banana (not the original banana duct-taped to the wall because that one had rotted), but the question remains what did Justin Sun do with the duct-tape? He paid a lot of bitcoin for that, and there’s no mention of the duct-tape in the media reports I’ve surveyed. It’s all about a replacement banana and artistically speaking I can’t understand the duct-tape disconnect. Isn’t art supposed to be about the whole? Justin Sun has got a roll of duct-tape from which he can make a shitload of memecoins and what is he doing with it?

More importantly, does Sotheby’s accept bitcoin for their auctioneer fees? The actual sale price (in US dollars) was ~$5.2M, payable in crypto, which translated into 55 bitcoins. I suspect Sotheby’s doesn’t accept crypto for their cut, so the artist gets paid in bitcoin from the buyer, while the art house gets paid a million US dollars– a crystallization of capitalist art market economics.

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Wasting human capital

Reuters/Markets headline: Treasuries, U.S. dollar sell off as Trump trade war drives recession fears

In Succession (2018-23) Logan, Kendall, Roman, Shiv & Conner constantly bounce stupid half-baked ideas back-and-forth, always choosing in the end to lean politically to the right towards fascism– and that’s how it ends up.

Two years later, we have in real life with the Trump administration the result of what was depicted in that HBO political drama series. In Succession, the 1%, and especially the 0.01% are clueless & impotent, back-filling their limitations with hysterics & rage. The power of money buys them everything, yet they still aren’t satisfied.

The most likable characters in Succession are the human throw-aways including: Tabitha, Jess, & (my favorite) Karolina. These minor characters are serious people who are intelligent & very good at what they do, but get no respect or love from those they dutifully serve. Without such talent, this parasite class would immediately shrivel up & die. These fictionalized conflicts wonderfully portrayed in Succession are actually real and are happening every day in all the institutions of bourgeois power.

Many of monied class don’t understand where money comes from at all, they simply perceive money as a divine right to be held by themselves. Inform them that money is a congealed expression of the value of human labor power, and the 1% gets hysterical and starts screaming for a fascist strongman.

It’s all very convenient for the puppet-masters of international finance & commerce. Their authority is never to be questioned, along with the 2-party political set-up and elite-biased court system. International law is ignored & attacked by US imperialism to further its predatory ambitions of world conquest and that’s how it is we are told. We are always fighting the evil Russians because of 1917, and we must submit because we are mere mortals compared to our demi-god leaders who are infallible.

The Frankfurt School of post-modernism provides the ideological justification for much of this propaganda, based on pre-fascist philosophers such as Friedrich Nietzsche in their writings on the “overman-superman”, etc, expressing an admiration for a strongman leader. German soldiers received copies of Nietzsche’s Thus Spoke Zarathustra as gifts during World War I, as a conscious attempt by the far right to divert the working masses from the Marxism of Lenin & Trotsky. The social Darwinism of ‘survival of the fittest’, Malthusianism depopulation, and the rest of this epoch’s pseudo-science are simply genocide-enabling bourgeois rationalizations.

Spinoza & Hegel are the philosophical & ideological influencers of Karl Marx. There is no ‘overman’ or ‘fuhrer principle’ with socialism, as that Nietzsche garbage belongs in the dustbin of history. What we currently have in the White House is a cabal of Nazis who think they can enslave the world and are determined to do so. The popular resistance they face is massive and unconquerable, yet the fascists insist on this fight to the death. The Democrats are aware and doing everything they can in their service of fascism to disarm & misdirect the working population.

The international youth & working class must organize itself independently from existing capitalist political forces, which are all lined-up for battle against the working masses. These hostile camps include the DSA & Greens, the union bureaucracies, and NGO’s/non-profits with their million ties to big business & the military-police state.

The police are of no help to the working masses, in fact they are brought in by criminal corporate & government officials to drive worker leaders out of the factories while arresting anti-genocide student protesters exercising their right to free speech on campus. I can’t remember the last time I heard of a real cop acting heroically, I suppose it happens, but I mostly read about police shooting & arresting people without cause and then being protected by the courts. I wonder why police abuse & terror and legal system corruption is never seriously discussed in the media? A lot of other people do to.

Deep in the Oval Office everyday, fascists are meeting and plotting their next attack on the population. Elon Musk & Stephen Miller appear to have the most influence over Trump at this point, which means anti-immigrant scapegoating, tariff wars & crypto. All these reactionary policies are implemented in a series of chaotic fits, then modified by unexplained zig-zags and walk-backs intended to placate political resistance until the death squads can take over. It’s remarkable to note that Biden-Harris had over a year to question Trump on all this during their election campaigns, but never seriously did so. Now the Democrats are acting surprised by Trump. For the rest of us, it’s like being forced to watch a hideously bad TV show every day.

A final word on acting: I’ve now seen Succession twice all the way through. It’s a beautifully done series on some really ugly issues and probably the best streaming content since House of Cards (2013-17). You certainly have to be in a certain mood to watch & appreciate it. Succession perfectly cast three amazing actors for extremely difficult roles in bringing humanity & likability to deeply-flawed characters in Jeremy Strong, Kieran Culkin & Sarah Snook. Succession viewers takes turns hating Kendall, Roman & Shiv, while fitting in touching human drama involving the human capital they are wasting & abusing. The Hollywood trap is to romanticize these characters into real life, instead of learning the political lessons, and thus absolving the ruling class from mass criminality.

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The president is on gool

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!

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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