Markets are bracing for a Democrat led anti-AI fallout – which has been predictable for some time as analysts claim shares were well overpriced. At issue are the Data Centers – the vast majority of which are financed thru TD Bank, JP Morgan, Goldman Sachs, Wells Fargo, BofA, Citibank and a handful of private investors. While the financing structure was heavily weighted on the banks as opposed to the actual company. Meaning if in fact the democrats derail what is already initiated, banks and private equity will bear the brunt with massive losses.
The unknown scale of government funding is well protected behind opaque Trump Regime funny money. The loans originate thru the Department of Energy and Department of Congress and include free federal land grants and fast track EPA permits. The Department of Interior is also allocating federal land illegally. In addition, State level incentives include sales tax exemptions, gross retail tax exemptions, electricity and equipment tax exemptions, and tax credits.
Interior Secretary, Doug Burgum, is personally profiting from Data Centers to the tune of potentially nearly $65 million, which he managed to forget to report on his previous financial disclosure. Burgum is not alone in his insider investments. According to Propublica, 380 Trump appointees have financial ties with Nvidia, 320 with Alphabet, and 280 with META. Which may explain the selloff of these companies on Wall Street yesterday while a handful of chip stocks rallied back somewhat today.
The markets are also following the belief that Iran strikes are over as oil is down some 10%. But Trump still has his ear in Bibi’s mouth and may strike simply out of revenge for his political collapse. His ego unable to accept that he is anything less than The Greatest Man on Earth.
India is undergoing talks with Venezuela and the US over $500 million in dividends it was supposed to receive from the Maduro government but didn’t as a direct result of Trump’s coup. Chevron has purportedly outlined $7 billion it intends to spend in order to make Venezuela’s infrastructure crude operational over the next 5 years. There are only 2 operational drilling rigs today with a goal of 50 necessary by 2028 for the production forecast. A drilling rig typically takes 1-3 years to build at a cost of $25 million for a conventional land rig and $1 billion for a deepwater rig.
Making Chevron’s $7 billion look rather inane and paltry in reality. But it also begs the question of Trump’s grandiose claim that he’s making billions on Venezuela oil? Especially when factoring in increased freight costs upwards of $33 per barrel due to Trump’s war on Iran. In addition, tankers are hitting mines in Hormuz making them unusable for freight. Iran claims roughly 18 tankers are out of commission while The Hegseth claims 5 Iranian Tankers total.
The Hegseth, as anticipated, is taking the heat for his failures in Iran with the potential of impeachment when the democrats take office. Gotta Blame – It’s The Game. The concessions Republican politicians who lost the gambit is likely a lifetime sentence. Certainly the NGO’s that only continue to grow and spend tax dollars will make offers to the bereaved MAGA staffers and politicians – unless someone stands tall and eliminates the entire Charitable Deduction which is so radically abused.
In a bid to hide specific donations to political candidates, AIPAC will use the name United Democracy Project instead – but it is a big secret…. We have 2 years to create a new party built on such obscure values such as honesty, integrity, and the Will of the People. To that end, Trump has fired Susie Wiles and appointed Stephen Miller to the role signaling daily quotas for ICE will be ramped up against noncriminal immigrants. Further destroying the construction market.
It is anticipated there will be others forcibly resigned and staffers who voluntarily leave for greener pastures given the democrats have threatened retaliation once they take office. The shakeup seems to be minimal although sentiment has been broken. The Maga Movement is dead and resuscitation is a waste of time and energy given it was built on Trump’s less than truthful ideologies. A new movement would necessitate possibly cooperation with the fired generals, Massie and MTG focusing on Millennials and GenZ – TPUSA not invited.
As many have acknowledged, the fallout for former Maga’s was extreme. By ignoring realty Trump was too enthralled with how much money he was making to actually LISTEN to the people – yes he has advisors – but he also has some remnant of a brain to look and act and listen and hear – which he ignored. At this juncture anyone who aligns with Trump will lose. He needs to get on a train and circuit the country meeting people and listening instead of speaking.
He’ll listen to the jews lest the Epstein videos of him raping young girls be released.