Remember that presidential candidate who said he could shoot someone in broad daylight on Fifth Avenue and get away with it? Seems the same guy is planning an epic theft to take place in broad daylight. Funny that mainstream media fails to bring this up. Fortunately there are still some slices of media that are paying attention, such as Chris Hayes at MSNBC:
(6:37)
What Hayes is telling you is something that we at BFIA warned you about prior to the election. Trump made no effort to stop his skimming and scamming throughout the campaign. He is still doing it during the transition. In short he is making it fully known that he cares little about.
Back in September we noted that Trump was starting his own crypto company. This seemed like an almost certain step in an effort to move money from us to him under some legalese that Trump will claim is covered under the. “Get out of Jail Free” card he was given by his hand picked SCOTUS last summer.
As the media droned on and on about as supposed assassination attempt gone awry, the Trump men – DonOLD, Junior, Eric and Barron – quietly announced on X that they were jumping into the world of cryptocurrency. Considering that family’s propensity to stretch the law to its breaking point and cryptocurrency’s use to avoid money laundering and tax laws this could be their hugest scam ever.
And think how much huger it could be with the power of the presidency, the protection of immunity, a totally spineless and corrupt MAGA congress, and an extreme right wing, very corrupt SCOTUS to give approval to any laws passed by said congress or issued through executive order. Throw in that Trump recently stated that the President should have some control over the Federal reserve policy just to add to the conglomeration of power. The mind just boggles.
So not only would Trump first return to the trickle-down model with big tax cuts for the wealthy, he will then pivot to what? Manipulating the currency of the US to include cryptocurrency in which he will have a major stake. I am telling you, folks, this could be by far the biggest crime ever conceived.
Trump moves since then seem to be calculated to set us up for the huge move to crypto. Clearing the way for Kash Patel to head the FBI where Patel will do nothing to stop the Trump crime family. Patel will be under AG Pam Bondi who is scared of Trump.
A final hint was to put large crypto investor Elon Musk in charge of a phony “committee” that is charged with recommending spending cuts. Trump even made sure he gave a wink and a nod to Musk’s love of crypto by naming the committee after Musk’s favorite crypto coin, the DOGE. (Department of Government Efficiency). Breaking campaign laws like Musk did to buy the presidency for Trump must have a payoff.
In discussing the Trump move to crypto, Tom Sullivan on Hullabaloo talks about the Senate bill setting up the implementation of bitcoin in the US. He notes that while he doesn’t understand bitcoins themselves he understands the rationale of the rich behind the move:
I’m neither rich enough nor libertarian enough to have invested my time in deciphering how cryptocurrency works, much less invested any of my money. But uber-rich crypto investors, Chris Hayes reports, now have a president-elect ready to backstop their funny money with public money. Even after watching his Friday night report, I still don’t understand how crypto works. But he confirms how oligarchy does.
Like much libertarian dogma, protestations by these shrugging Atlases that government stay out of the way of their Randian penis-enhancement schemes is so much Trumpian puffery. Government is not their enemy. It’s a tool of the moneyed class for making more money.
Matt Taibbi in his heyday understood this. He wrote in Griftopia (2011), “There are really two Americas.” For the grifter class, government is “a tool for making money,” while “in everybody-else land, the government is something to be avoided.”
Elon Musk invested — what other word is there for it? — over a quarter billion dollars in getting Donald Trump reelected. Now it’s time for Trump to pay dividends. Not from his own stash, of course. From America’s. “They’re just backing the truck up to the government,” Hayes warns.
As I discovered when I was very young, when a rich man has a hell of a deal for me, I grasp tightly onto my wallet and back quickly away.
Pay attention and get those letters to your senators and reps ready even if they are Republicans. Now is the time to resist.
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