While Trump drives up gas prices, Illinois is pausing our motor fuel tax.
While Trump cuts SNAP, Illinois is addressing food deserts and funding school lunches.
While Trump is building an UFC arena, Illinois is building out our infrastructure and housing.
I am the personal financial advisor to the 47th President of the United States.
I have made him $4.05 billion in one term.
Let me say that again. Four point zero five. Billion. One term. The presidency of the United States, upon proper management, outperforms every asset class in recorded financial history, including venture capital, petroleum futures, and the sovereign wealth fund in Abu Dhabi that manages $1.7 trillion and employs nine hundred analysts. I benchmarked it. We beat them with a staff of four and a leather binder.
I keep a binder in the residence. I call it The Number. The Number was $3.4 billion in August. The Number is $4.05 billion now. The Number has never gone down. I update it every Friday at 6 AM, before the briefing, like a surgeon checking vitals on a patient who can only get healthier. The cover is leather. The tabs are color-coded by sector: Crypto, Finance, Hospitality, Media, Other. "Other" includes a Boeing 747-8 valued at $400 million, gifted to him by the Emir of Qatar while he was sitting President. There is no asset class for that. I invented one. I call it EAGLE-7.
Crypto is seventy-five percent of the portfolio. $3.02 billion. I want you to sit with that figure. Three billion from digital tokens and stablecoins. From a man who in 2021 called Bitcoin "a scam against the dollar." His words.
The flagship holding is Trump Media's bitcoin stockpile. He holds 42% of the company. The company sold shares to institutional investors. Used their capital to purchase bitcoin. His personal stake from that maneuver alone: $1.15 billion. He drafts national cryptocurrency regulation from the Resolute Desk. Signs executive orders on digital asset policy. Handpicks the SEC chair who will enforce them. His bitcoin goes up when he does these things. The investors' stock goes down.
That's a conflict of interest.
I'm kidding. I've never used those words in that order. That's the investment thesis.
Then there is Alt5 Sigma. I need you to understand Alt5 Sigma. Alt5 Sigma was previously known as Appliance Recycling Centers of America. Founded in 1991. In Minnesota. It recycled dishwashers. Then it became a biotech. Then a digital payments company. Then Zach Witkoff, son of the President's special envoy, became chairman, and it became the primary vehicle for purchasing World Liberty Financial tokens. In 1991 it recycled dishwashers in Minnesota. In 2025 it funneled $562 million to the President's family through a Rwandan subsidiary convicted of money laundering. The CEO was removed. The CFO was fired. The auditor was replaced. Twice. The stock went from $8 to $2. We received $562 million from it. I put it in the binder.
I logged it in the binder on a Thursday. I used Garamond. It felt appropriate for a company whose journey from kitchen appliances to international money laundering spanned exactly thirty-four years.
The stablecoin is where the architecture gets beautiful. USD1. $136 million in projected interest over the remaining term. I will show you the math because the math is the point. $3 billion in circulation. Times 4% annual return. Times three years remaining in office. Times the family's 38% share. The UAE purchased $2 billion of USD1. Then Binance promoted it. Pumped circulation from $2 billion to $5 billion. Binance's founder had pleaded guilty to money laundering violations.
He received a presidential pardon in October.
I pardon you. You promote my stablecoin. My stablecoin generates $136 million. The pardon cost nothing. The coin cost nothing. The oath of office cost nothing. The entire apparatus of federal clemency was converted into a revenue instrument and nobody filed a complaint.
That's yield.
TRUMPcoin. $385 million. A memecoin with the President's face on it, launched days before inauguration. Every person who bought TRUMPcoin at launch and held it has lost 90 cents of every dollar. Every person who bought it made the President $385 million richer on the way in. That's the product. The product is not a coin. The product is belief. We are very long belief.
His sons received a 13% equity stake in American Bitcoin. A New Yorker investigation determined they contributed, and I quote, "nothing else of obvious value." I would characterize their contribution differently. They contributed the single most valuable commodity in American commerce, worth more per ounce than lithium, more per gram than fentanyl, more per syllable than any word in the English language. Proximity to the man who pardons people.
That's due diligence.
Hospitality. $271 million. Mar-a-Lago now generates $50 million a year. It generated $10 million when he took office. Initiation fee: $1 million. You are paying $1 million to eat dinner in the same room as the man who controls the Department of Justice. I set that price. It is undervalued.
Saudi Arabia. The Crown Prince visited the White House. Then Dar Al Arkan signed licensing deals estimated at $10 billion. Hotels in the Maldives. Golf clubs in Riyadh. A tower in Jeddah. He sat next to the man who ordered a journalist dismembered and said, quote, "He knew nothing about it." Then he signed the hotel deal. I have the term sheet. Our fee is 2-10% of revenue. We do not ask what happened to the journalist. That is not in our mandate. $106 million is in our mandate.
That's client retention.
Finance: $340 million, predominantly Persian Gulf sovereign wealth fund arrangements structured through intermediaries whose names I am not going to say in this format. Media: $116 million. Legal fee fundraising and branded merchandise: $128 million. The Qatari jet: $150 million. I have already mentioned the jet. I mention it again because a sitting foreign head of state gifted the sitting American President a $400 million flying palace with gold-plated fixtures and a master suite, and not a single member of Congress has asked a follow-up question. Not one. Not in committee. Not in writing. Not on camera. Five hundred and thirty-five legislators. Zero questions.
Now. I am required by my own conscience, which is vestigial at this point, to disclose downstream performance.
Every public-facing investment vehicle associated with this portfolio has collapsed for outside investors. I will read them.
TRUMPcoin. Down 90%.
American Bitcoin. Down 80%.
Trump NFTs. Down 80%.
Trump Media stock. Down 60% since inauguration.
Alt5 Sigma. Down 75%.
The family's positions were structured to extract value before these declines materialized. The retail investors' positions were structured to supply the value being extracted. There were approximately 600,000 retail wallets holding TRUMPcoin at peak. Retirees. Day traders. People who believed the branding. Their aggregate losses capitalized the portfolio. Their savings became his tab in the binder.
That's liquidity.
I want to address the competitive landscape. I am a financial professional. I benchmark everything.
In 2016, the President stood at a podium and called Hillary Clinton "the most corrupt enterprise in political history." He said she "turned the State Department into her personal hedge fund." The accusation that ended her career was $153 million in speaking fees. Combined. With her husband. Over fifteen years. Goldman Sachs paid her $225,000 per speech. He said the word "crooked" so many times it became her legal name.
$153 million. Fifteen years. Two people.
I made him $4.05 billion. In one term. By himself.
A 26-to-1 ratio. I wrote it on the whiteboard in the residence.
Then there was the Biden family. "The Biden Crime Family," he called them. He held rallies about it. He got impeached over investigating it. The Republican House spent two years and $3.5 million in taxpayer funds to uncover, per their own final report, approximately $24 million in Biden family income over five years. Hunter Biden's Burisma salary was $1 million a year, later reduced to $500,000. The Chinese payments were $664,000. The House Oversight Committee called it "influence peddling at the highest level."
$24 million. Five years. Ten family members.
My client made that in two days. I have the math. $4.05 billion divided by 365 days is $11.1 million per day. The entire Biden investigation, the impeachment, the hearings, the Fox News segments, the "CRIME FAMILY" hats, all of it, for an amount my client earns before his Wednesday morning briefing.
The ratio is 168 to 1. I put it on the whiteboard next to the Clinton number. The President saw it. He laughed. He did not ask me to take it down.
"Drain the swamp," he said in 2016. I drained it. Into the binder. The swamp is now a portfolio. It is the highest-performing portfolio in the history of public office, and the man who built it ran for President on the promise that he would stop people from doing exactly what I help him do every single day.
That's positioning.
When the New Yorker published the full accounting, $4.05 billion across five sectors, and asked the President whether he saw a conflict of interest between the office and the fortune, between the pardons and the profits, between setting crypto policy and holding $3 billion in crypto, he told the New York Times six words.
"I found out that nobody cared."
He was right. He has been right about that singular fact since the beginning. Nobody cared when he launched the coin. Nobody cared when he pardoned the convicted money launderer who pumped his stablecoin. Nobody cared when a dishwasher recycling outfit in Minnesota became a $562 million pipeline to his family through a subsidiary that had been convicted on three continents. Nobody cared when 600,000 wallets evaporated so the leather binder in the residence could gain another tab.
He found out nobody cared. Then he monetized the finding at a rate of $11.1 million per day, every day he has held office, including Sundays, including holidays, including the morning he sat next to the Crown Prince and said the murdered journalist had it coming.
$4.05 billion. One presidential term. Zero indictments. Zero congressional hearings. Zero audits. Zero consequences of any kind for any person at any level of the operation.
The chart goes up. It only counts his money.
There is another chart. It has 600,000 wallets on it. Retirement accounts. People who believed a dishwasher recycling company in Minnesota was a sound vehicle for their savings.
We do not publish that one. I filed it under EAGLE-7.
It's really funny how debt is forgivable when it's tied to yachts, hedge funds, or failed businesses, but suddenly becomes a character flaw when it's tied to education, healthcare, or survival.
Forget those GooGooDolls 90s Reels feels and go support your public radio stations that play stuff like this: Fishbone, “Sunless Saturday,” 1991. https://t.co/roUpjR0Ipc
Threatening to wipe out an entire civilization is an immediate disqualification, not an “oops” you can cancel out with a 14-day truce. He’s volatile, he’s dangerous, and he’s unfit to continue. Remove him.
You know the illegal war in Iran is a disaster when the FCC chair is threatening to revoke broadcaster licenses unless they censor. Too many Americans have died & gas prices are skyrocketing.
What's next? Censor X posts, FB, TikTok, Instagram. You can't hide the truth. https://t.co/aOhaPMa08F via @NYTimes
I used to wonder how it was possible that Trump could have won in 2016, and then again in 2024, given how emotionally toxic and depraved he is.
I don’t wonder anymore. I think he won for that exact reason. Because he carried at least one broken shard to reflect the broken shards in millions of others.
If you’re a racist, you found your guy. If you’re a misogynist, you found your guy. If money is your only religion, you found your guy. If your heart is armored shut, you found your guy. If you mock the disabled, you found your guy. If intelligence makes you insecure, you found your guy. If you’re a sexual predator, you found your guy. If you trade in humiliation and conspiracy and filth, you found your guy.
If you’ve never done a single hour of emotional inventory, you found your guy. If you cheat, stiff contractors, bankrupt your obligations, and call it savvy, you found your guy. If you lie as easily as you breathe, you found your guy. If cruelty feels like strength, you found your guy. If white grievance is your comfort food, you found your guy. If your ego is a black hole no title can fill, you found your guy. If warmongering fuels your ego, you found your guy, If empathy feels like weakness and dominance feels like oxygen, you found your guy.
If he’d only carried one or two of these pathologies, he might have been dismissed as just another loud, damaged man. But he carried a buffet of them. That was the appeal. Millions could locate themselves somewhere in the wreckage. They didn’t have to agree with all of it. They just had to recognize a piece of themselves in it.
It was never really about him. It was about the validation. The absolution. The permission. He didn’t invent the resentment; he amplified it. He didn’t create the cruelty; he normalized it. He gave millions the intoxicating relief of hearing their ugliest impulses echoed back at rally volume.
Trump is a symptom. The deeper illness is collective. If there’s one sentence that defines his power, it’s this: “He says the things I’m thinking.”
And that’s the part that should chill us.
Because what does it say about us that so many were thinking those things? That tens of millions of Americans harbored resentments so deep, so seething, that they were simply waiting for a demagogue to baptize them as virtue? That after decades of supposed progress on race, gender, and equality, so many white men felt so threatened, so displaced, so furious, that cruelty became a political platform?
Maybe we were living in a fool’s paradise, mistaking silence for healing, politeness for progress.
Now the mask is off. Now we know.
And knowing is a far more dangerous place to stand.
– Michael Jochum, Not Just a Drummer: Reflections on Art, Politics, Dogs, and the Human Condition.
I helped to establish DHS in 2002 and 2003 and later had the homeland security portfolio as a White House Counsel and served as General Counsel of the Department.
I am enraged and embarrassed by DHS’s lawlessness, fascism, and cruelty.
Impeach and remove Trump—now.
This Minneapolis resident just said what everyone should be feeling right now:
“This started as a pretext about immigration and fraud… it’s WELL beyond that now.
It’s your 2nd Amendment, your 4th Amendment, your 6th Amendment.”
“We’re performing CPR on what may already be a corpse called the Constitution.”
Wake up. This isn’t just Minneapolis. It’s ALL of us.
Statement from the family of Alex Pretti, Michael and Susan Pretti:
“We are heartbroken but also very angry.
Alex was a kindhearted soul who cared deeply for his family and friends and also the American veterans whom he cared for as an ICU nurse at the Minneapolis VA hospital. Alex wanted to make a difference in this world. Unfortunately he will not be with us to see his impact. I do not throw around the hero term lightly. However his last thought and act was to protect a woman.
The sickening lies told about our son by the administration are reprehensible and disgusting. Alex is clearly not holding a gun when attacked by Trump’s murdering and cowardly ICE thugs. He has his phone in his right hand and his empty left hand is raised above his head while trying to protect the woman ICE just pushed down all while being pepper sprayed.
Please get the truth out about our son. He was a good man. Thank you”
In the press conference, Homan used the word "brandishing." That's a legal term. It means to display all or part of the firearm, or otherwise make the presence of the firearm known to another person, in order to intimidate that person, regardless of whether the firearm is directly visible to that person. Given the video, that's not what Alex Pretti was doing when he was shot & killed.
Even my most conservative friends are saying Kristi Noem is lying and ICE messed up. MAGA podcasters stopped defending the killing after the lady in pink video was released. And influencers deleted their posts en masse. This one is bad. It’s clear ICE murdered an American today.
Okay so,
1) an American citizen exercises his First Amendment right to peaceably assemble and his Second Amendment right to bear arms, out of apparent concern that a tyrannical federal government is violating basic protections afforded under the Constitution
2) after coming to the aid of an unarmed woman who's been shoved to the ground by a masked federal agent, the citizen -- impaired by pepper spray, holding nothing but a cell phone -- is dragged to the ground by a group of other masked agents
3) during the scuffle, shortly after one masked agent removes the weapon from the restrained citizen's person, several other masked agents open fire, unloading 10 shots from close range and killing the unarmed citizen
4) despite video evidence, a spokesman for the federal government says the citizen approached agents with a gun, provoked a violent confrontation, and planned to "massacre" law enforcement
You really want to defend this? Go ahead. Just know, you look like an absolute fool.
One of my former research assistants was killed by ICE in Minneapolis today😢
Alex was the kindest, sweetest human and a ICU nurse with a bright future ahead of him
May his soul rest in peace and this senseless carnage stop💔
RIGHT NOW: Minneapolis is SHUT DOWN.
20,000+ people have flooded the streets in an emergency protest after federal agents killed ICU nurse Alex Pretti.
This was an execution. And the city is responding like it knows it.
There is an insurrection in Minnesota.
3,000 white supremacists descended on Minneapolis in an array of rental cars & govt SUVs, kitted out in Amazon cop gear like they were trying to take Fallujah.
They’ve kidnapped, beaten & shot people—including murdering a mother of 3.
They’ve broken hundreds of car windows trying to illegally gain entry, knocked people unconscious and dragged their bodies through the street, yanked handicapped people out of their cars and hogtied them, and gassed babies & kids in their cars trying to leave a violent situation.
They’ve illegally entered numerous homes without a warrant, brutalized the occupants, and stolen people’s property & sold it. They’ve gassed entire neighborhoods out of rage and spite, and used flash bangs and crowd munitions that can kill—on peaceful lawful protesters.
The government itself does nothing but encourage it, escalate it, justify it, and lie about it—after manufacturing a racist reason to do it in the first place.
Donald Trump said Renee Good was murdered for being “disrespectful to ICE.”
There is an insurrection. It’s being directed from the White House. Just like the one on January 6th.
He will never leave. Not voluntarily. Everything is about that now.
Time to think outside of the box.
ICE agents are stalking the streets of Minneapolis demanding that random brown people provide proof of citizenship.
We good with that, America?
I thought we learned this lesson back in World War II, but I guess not.