Bessent

The Golden Age of Trump Is More Like The Age of Pig-Iron

Posted on by Helena

THE GOLDEN AGE:

Tariffs.  Trump continues to push his net tariff income of trillions when the net collection after rebating Big Corporations is $61 Billion. The COST to American’s who picked up 90% of the Tax – hundreds of BILLIONS.  The accounting for the Tariffs is placed within four different federal agencies guaranteeing that they don’t interact and can easily manipulate the numbers:

  • US Customs and Border Protection collects the tariffs at ports. Commissioner, Rodney Scott. Workforce – 67,000.
  • The Office of US Trade Representatives develops overall trade and policies. Ambassador, Jamison Greer. Workforce – 240.
  • The US International Trade Commission oversees the plot and takes trade injury complaints. Chairman, Brett Doyle. Workforce – 1200
  • The International Trade Administration handles enforcement. Under Secretary, William Kimmitt. Workforce – 2200

The Overseer for these four agencies is Howard Lutnick as Commerce Director – and Trump Handler. Lutnick was instrumental in advising Trump on his Cabinet picks including Scott Bessent from the Soros Fund Management. But it was Larry Kudlow, Bannon and Roger Stone who told Trump to nominate Scott Bessent. 

Larry Kudlow: With barely a degree in history, Kudlow’s first job was at the Federal Reserve as a financial analyst. He then joined the Reagan Administration as a financial analyst in the Office of Management and Budget. Kudlow was born and raised Jewish and converted to Roman Catholicism in late 1990 as he entered rehab for cocaine and alcohol addiction. His Net Worth is estimated to be in the range of $2 million to $80 million…

Steve Bannon: Self proclaimed Zionist is the brawn behind finding a means of a Trump 3rd term in direct conflict with the US Constitution. Several ideas have been verbalized, but none are legal. He has also been a prominent voice in the anti-immigration movement.  Demographically, 73% of ICE deportations are not criminals, they are men ages 15 to 45, no criminal record, place of origin – Mexico and Central America. Of those with a criminal record, 93% were convicted of a nonviolent misdemeanor, such as a traffic incident.

The question remains – Why would Bannon, Kudlow and Stone encourage Trump to appoint a George Soros protégé to Secretary of The Treasury? Bessent was at Soros side when they broke the Bank of England and hailed it as a Victory! 

Peter Navarro plays a role in Trump’s trade policies and the Golden Age hype. Navarro is responsible for the fringe belief that canceling trade with countries which produce a US Trade Deficit. A statement that is righteously mocked on social media as devoid of intellect. But Trump has the economic acumen of a toad and continues to parrot the claim that canceling all trade with 100 countries contributing to the US Trade Deficit would save America $1.5 Trillion…

  • Trade deficit for 2025 was $901.5 Billion including goods AND services (Personally opposed to including services). The services surplus was $340 Billion meaning the Goods Deficit was actually – $1.24 Trillion. Translating to – Manufacturing.
  • The concept of ‘trade’ is to import what you don’t have, what you don’t manufacture, and what isn’t available internally. Cancelling those imports without having another source in place is economic death.

While Trump’s personal choice for the Fed Chairman was Warsh, he now acts as though the rate hike effected by Warsh is anti-Trump. Gaslighting comes to mind.  Warsh is Jewish, a lawyer, and incompetent  to serve in this position – but that would pertain to 100% of Trump’s picks via his Advisors.

The claim is that Warsh raised the reserve rate due to ‘stubborn inflation’.  IF Trump wasn’t aggrandizing the Golden Age, IF Trump had released truthful employment numbers, IF Bessent hadn’t forced Japan into spiraling interest rates which triggered T-Bill selloffs and a hyper interest Bond Market, IF Bessent, in all his incompetence didn’t buy back said T-Bills with money the Treasury had to borrow – we still wouldn’t have a Golden Age – maybe more like a Pig-Iron Age.

But Trump’s narcissistic Ego is yugely larger than his love of America.

Golden Age:  The concept originally comes from ancient Greek and Roman mythology, where poets described a time of ultimate innocence and peace before human society declined.  Hesiod is considered the first to coin the phrases and adoption of metals to describe different histories of civilizations. He is though to have been alive during the time of Homer 650 BC.  The oldest manuscript of his work Theogony is dated from the 13th or 14th century AD.

The concept was further refined by Ovid who lived between 43 BC and 17 AD, in his Metamorphoses, which spans the history of the world from its creation to Caesar.  He assigned four “metal ages” (golden, silver, bronze, and iron).

The Genius Act: Trade, Stablecoins, & The US Treasury

Posted on by Helena

Trump’s antagonism of Canadian Prime Minister Carney backfired stupendously!  Instead of the people turning toward Trump and against Carney as Trump anticipated – they rallied behind their sovereign state, its people, and its government against a Bully. Retaliatory Tariffs are now being levied on $20 billion of Canada’s trade goods in increments of 15% 25%  and 50%. While Trump now threatens to isolate Canada completely while posting a slew of mems including Canada, Mexico and Greenland absorbed into America.

It is a global embarrassment that this is how our President communicates – portraying himself as the Messiah, as God, as a General, as King, and the list goes on and on ad-nauseum. However, the psychosis displayed is expanding the reaction of cringe-disgust is only amplified when Mike Johnson calls on Americans to vote for Trump otherwise he will be impeached and go to prison… A threat we can only pray befalls him.

The bond market that the Soros protégé, Bessent, purposefully sent into a massive tailspin is not getting enough attention.  The Bond market is wreaking chaos – interest rates are up impacting our debt payment and in a sidecar moment initiating greater earnings for Social Security which is directly tied to T-Bill rates and becomes a liability for the government.  The amount of outstanding foreign T-Bills is now $9.6 Trillion. Bessent thinks he can manipulate the trajectory by buying back $4 billion…= .04%.

When our T-Bills are worthless because the Trump regime keeps an inflation hyper-spike in motion causing our ‘faith in government debt’, to collapse – the motive is to wipe the slate clean and start over with digital payments, ie stablecoins.  Which is worth less than the paper bills. Paper you can burn like firewood to heat the house. Anywho, apparently the Treasury already initiated the “Genius Act”.

The Genius Act will take effect January 18, 2027.  It was introduced on 5/1/25 by Senator Haggarty and became law as of 7/18/25.  A ‘stablecoin’ is backed by 1 US Dollar. They will be a commodity of the tech industry instead of banks – wholly unregulated – and wholly uninsured by the FDIC.

The Verbiage:  “Stablecoins are issued when an entity locks up reserve assets and uses blockchain smart contracts to mint a corresponding digital token.”  All transactions will occur via wallets. The Wallet middleman has not been appointed. What could possibly go wrong?  August 3, 2026; thousands of Bitcoin wallets were hacked within a half hour – $88 million GONE.  No Insurance.

August 13, 2026; Nearly 14,000 crypto holders face security threat after data breach.  September 7, 2026; 4000 BTC vanishes as hackers make heist worth $320 million. Gone. No Insurance.  January 19, 2026 – criminals stole $719 million crypto.  Translation:  THEFT is easy and common with absolutely no restitution – in fact that theft could even come from our own government, ie the CIA.  If the CIA et al can create the largest terrorist entities in the world, become the Mafia drug trafficker of the world, and parlay in global coups and assassinations… they can certainly hack a wallet.

The most High-Profile case of Bitcoin hackers taking control of wallets occurred in 2016 by Ilya Lichtenstein and his wife worth at the time $72 million:  

An Ashkenazi Jew, Ilya was sentenced to 5 years and his wife was sentenced to 18 months.  2019 – 2022 Ilya became an investor in startups. In 2022 Ilya became an FBI consultant for 4 years. In 2026, he founded Stealth AI Startup.   He has a BA in psychology.  Of the $72 million stolen, the US claims it could only find roughly $300,000. What happens to the Bitcoin when seized by the government?  When the US government seizes Bitcoin from hackers or criminals, the funds are moved to government-controlled digital wallets, processed through legal forfeiture, and eventually sold or reallocated. “Reallocated”?  A Side-Hustle For Government Profit.

In May 2026, Bessent went on a bragging spree announcing that he had seized $1 billion in Bitcoin via digital wallets connected to the IRGC.  Yet according to the Treasury Daily Statement of Receipts and Disbursements – the total accrued amount in the Forfeiture Column of receipts = $671 million for the entire Fiscal Year. Estimates for FY 2026 which ends in 13 days was $2.6 Billion.

How much has been “Reallocated”? And to whom?

Despite billions in collections, the Treasury Balance Sheet does not show Bitcoin confiscations. In fact there is no line item of any such asset forfeitures. Why?  “Bitcoin is not on the U.S. Treasury’s official general balance sheet because the federal government has not enacted a statutory mandate or congressional appropriation to acquire and hold it as a standard reserve asset.”  Simultaneously, the Treasury claims to manage hundreds of thousands of Bitcoin. Apparently – all off the Taxpayer books and into the pockets of the Shrewd and Lude.

Odd.

When Trump claims that he just might halt all reciprocal trade with Canada – because it creates a $20 billion deficit, he doesn’t have the vaguest idea what Canada provides the US including electricity for 14 northern states!  In addition, potash (fertilizer), cars, car parts, etc… all of which are not available unless we cross an ocean or two.  Threatening Carney, humiliating Carney, will never bring about anything but abject disrespect – but that would be Trump’s BullyPit version of the Art Of The Deal.