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.