So You Think You’re in Charge…
Nazi Stock Frauds, Fed Traps, and Another Tech Boom
Washington, DC.
Some years ago Tucker Carlson once told me that you could do cool things or you could write about cool things. Tucker’s since gone off the deep end — I wrote about it here — but the advice is still sound.
I have been doing cool things lately so I haven’t had the time to write about them as I might like.
Worse yet, I’ve been specifically instructed not to do the spaces on Twitter or X or whatever until I finish several assignments.
You might say I’ve been doing the “adventures” part of this “Thoughts and Adventures” substack. I’m frankly doing the best work of my career and I can talk about precisely none of it. *Shrugs* For the memoirs, I guess! Ironically we’re actually increasing subscribers when I write less. Go figure.
From Los Angeles to San Francisco to San Diego and back again to D.C., Uncle Chuck has been up to stuff. I’m off to New York and then the Middle East soon. You might say I substacked my way to victory. Or I posted my way to a post. More on that at a later date or perhaps never.
Thank you all for the kind messages.
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Still I have been asked quite a lot about what I think the effect of DOGE has been.
No, I don’t really think the disruption will be altogether bad or even all that disruptive especially now that the federal judges are starting to weigh in and shut it down.
American Dynamism — the conference where Tech bro J.D. Vance is scheduled to speak at the Waldorf Astoria — is neither American nor particularly dynamic. This is why it was broken in the very Israeli-friendly Axios, of course.
When you hear “privatization” or “dual use” I want you to hear “Chisrael” tech compromise. And resist it.
In a sense DOGE is really a confession of how little work Silicon Valley really does. You’re supposed to look busy for the tech hustle to continue. That’s what all that return to office stuff is really about. Look busy—or people will start to look too closely at the cult and the whole thing will unravel. The reason Elon asks “what did you get done last week” is that he genuinely doesn’t know, nor is he a smart enough manager to know. It’s all a performance, isn’t it?
Of course the purpose of government isn’t to be efficient but to protect rights. But the vary notion of rights is something that’s hard for the Russian, Chinese and Nazi oligarchs we know to, well, grok. I’ve taken to call pronounce the Department of Government Efficiency with a German accent. Go on try it yourself.
Maybe the reason the broligarchs ran to government is that they had run out of ideas and podcasting was increasingly boring…. Is this governing… or midlife crisis?
Or maybe these weird foreigners don’t really know what our country is really about.
In this view Elon is a prisoner, trapped within the government he would cut. So is David Sacks. So is Israeli-firster Howard Lutnick. All of them are closely monitored in government buildings. Believe me there are lots of countries watching. They read this Substack as does the Deep State, such as it is.
We choose our prisons, don’t we folks? And it was Elon who came up with DOGE in his interview with Trump. Don’t you get the sense that the DOGE is dog walking by another name? Is Elon Trump’s bitch? And what does that mean for the rest of the oligarchs?
Watch a documentary or two about what Putin did to the largely Russian Jewish oligarchs who descended upon the carcass of the Soviet Union.
If Trump is a Russian asset maybe that’s a good thing. Maybe he can do unto the oligarchs what Putin did onto Mikhail Khodorkovsky or what Xi did unto Jack Ma.
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I think about this a lot in the context of the news that my college roommate — Sam Corcos — is now trying to get IRS data. Yeah, I’m just as floored as you are. But, in a sense, I find it terribly revealing.
I really debated writing about this Corcos stuff. I could be a lot harsher than I’ll be — not everything I did in college do I want dredged up either — but suffice it to say I wrote his papers and he kept me in the manner to which I was accustomed. I made a lot of choices when I was a scholarship kid tussling with homelessness. I don’t regret them.
And in point of fact I’m grateful for his parents who took me in for vacations when I had very little and even to Sam who encouraged me to blog and even chauffeured me to right wing events in Southern California. I even dedicated my first book on Calvin Coolidge to the Corcos family.
Sam and I only ran into each other a handful of times in the intervening years, most recently at a natalist event thrown by some nuts I knew in New York.
Still you learn a thing or two when you read other people’s work. So I know Sam’s mind and perusing some of his voluminous postings on social media I can say confidently that he hasn’t changed much.
Since college Sam ran a Wikipedia editing business on behalf of foreign governments, served as an intern for Reason Magazine, had a string of fake startups, got married to a woman who became a man, divorced her, and then married a Russian spy with whom he has a kid. Oh and she works for a sanctioned Russian oligarch, naturally. I was invited to neither wedding. I’m told he has a family connection to Israel but I don’t know that 100 percent. Could be, wouldn’t surprise me.
Anyway, Sam is currently the CEO of a company called Levels, which is supposedly a glucose monitoring device, that he started with the son of an FBI agent and a new age doctor. OK, whatever man.
And he’s become a kind of guru, appearing online to talk about his latest productivity hacks. Right then.
I’d like to say that they’re not sending their best at DOGE but I suspect they might be. After all this network prizes cult-like loyalty about all else — even competence.
But a bunch of Russian-compromised kids are going to find that they are essentially negotiating with a mountain.
Here’s their message: “They are mere travelers here; we’re the innkeepers.”
A number of ageing Boomers are well practiced at running a resistance. It might even keep some of them alive just that little bit longer. Is there anything a Boomer loves more than a protest?
A mere two seat majority in the House makes it clear. Congress will fall in 2026.
This is rapidly becoming the Fed Trap presidency.
Imagine a room where all your questions can be posed. You invite in these strange creatures from the hinterlands — Silicon Valley, Miami, Utah — and you listen.
You have them sit in a well lit room and you keep them up for hours while you pepper them with questions. Eventually they crack and reveal who they really are. You ask them questions that can’t be answered. You probe and you push and you expose. Or at least you try.
Calvin Coolidge put it best: "You have to stand every day three or four hours of visitors. Nine-tenths of them want something they ought not to have. If you keep dead-still they will run down in three or four minutes. If you even cough or smile they will start up all over again."
But sometimes the best way to punish someone is to give them precisely what they want. And so it is that all these tech people think they are going to be somebody when they get what is essentially a fake job. Everyone serious in Washington knows it’s a fake job but it’s the sort of blue dye in the bag.
Maybe that con will work on the sovereign wealth funds as the tech investors swear that, despite their myriad failures, this time they really are powerful. Don’t you know that the Arabs and the Chinese and the Russians know who really calls the shots in America? Come on now.
David Sacks, thief and raider of the Russian Direct Investment Fund, has become the new crypto czar. Yes those closest to the criminal acts are best situated to clean it up. You can imagine how much the Russians like a Jewish czar. Oy vey!
The way cryptocurrency was explained to me is a bit like a reverse safety deposit box. You can see all the money but none of the depositors. The government wants criminals to use cryptocurrency for their transactions as they increasingly control the portals by which those currencies is invariably turned into money.
Of course were I Russia, I’d demand that those who had stolen this money be held accountable by the American judicial system as part of the negotiations around Ukraine. And were I Trump, I’d welcome Putin ridding me of these troublesome tech types. “Russia, if you’re listening…” indeed.
Oh yes, let me suggest to you that the election of President Donald Trump actually makes it easier to rein in the tech company excesses.
Don’t you get the sense that Donald Trump is deliberately tanking Tesla by endorsing the product?
“Tesla is becoming a political symbol of Trump and DOGE, and that is a bad thing for the brand,” said Wedbush Securities financial analyst Dan Ives, referring to the advisory group in charge of cutting government spending led by Musk. “You think it’s helping, but it’s actually hurting.”
Maybe the punishment for these companies is to force them to be real. To make them commit to the promises they’ve made. And if they lie to us, maybe the fault is on us for not holding them to account.
Technology has become something done to us rather than something done for us. It’s a perversion of the American dream which promised that technology would make us safer, happier, and healthier. It’s a violation of the social compact, which, in effect, promises to allow eccentricity so long as its in the service of a common good. The phrase “American original” shouldn’t be said snidely and frankly ought to be properly considered redundant.
How then do you pop a bubble? In a way the best way to pop a bubble is to enlist the person who formed it. In other words, you need Peter Thiel. He is the bubble maker.
Nowadays seemingly everyone is trying to run the Palantir playbook.
We need to seriously analyze what Palantir really is — vaporware turned into real dollars for the founders.
Tolkien scholar Joseph Pearce believed palantirs were used as a kind of propaganda, a kind of feint — a psychological operation, not a technological one. Directed against whom? I suspect against the American public — and the public markets.
Palantir has had it own problems with the NSA. “As many of you know, the SSDA’s recalcitrant,” Palantir CEO Alex Karp, using a Palantir codename for the CIA, said in the August 2015 meeting. “And we’ve walked away, or they walked away from us, at the NSA. Either way, I’m happy about that.”
Both Thiel and Musk disparage the NSA so often that it makes you wonder if maybe the NSA might be a good force which rightly asks whether Palantir works as advertised. I, for one, am proud to live in a country where there are elite nerds asking, probing, and poking at these strange Silicon Valley “innovations.”
Another NSA critic is Trae Stephens. Stephens, who formerly worked at Palantir and cofounded Anduril, worries that there are too many defense tech companies out there. This is the lament of the hustler who realizes that others doing his hustle spoils the whole operation.
You’d think that there would be a run toward the exits but the stocks are tightly controlled. It’s best to have fellow mobsters around the cultists.
There’s an omertà here. You do not ask questions of the investments.
Venture capitalist Cyan Banister once told me she was “married to the mob.” I don’t think she was kidding. Or if she was, I think she was never more serious than when she was joking.
We can’t convince the other players to sell their stocks in large measure because they are all irrational players, or running a game you can’t quite see against a public unaware of the scams being perpetrated.
When you break down each of these “investors” you’re left with certain realities.
Mesmerism. A cult-like greed. It’ll go bigger! Bigger! Just follow the prophet!
State-power. Your limited partners, which are foreign governments, demand it. “We have to be in [whatever hot tech company]. You’ll learn that a lot of categories are just cover for foreign governments.
Theft. These are raided pension and state retirement funds.
I’ve been thinking a lot about that bit from Max Chafkin’s book, The Contrarian, where Thiel misquotes Tolkien which is odd because he purportedly even claimed to have memorized the books.
[Thiel] stands, confidently, in front of the aerospace club, wearing a blue Members Only-syle windbreaker and a Casio digital watch; he poses, in deep contemplation, over a chessboard; he looms over members of the German and Latin clubs. He also appears with the science club, the Model U.N., the executive council, and, posing with a pen and pile of documents, as if he were about to file a legal brief, on the superlatives page. He’d been voted Most Likely to Succeed.
Thiel’s senior quote was from The Hobbit: “The greatest adventure is what lies ahead / Today and tomorrow are yet to be said.” Years later he’d say that he’d memorized the entire passage, which continues: “The chances, the changes are all yours to make / The mold of your life is in your hands to break.” It would become, in a way, the motto of his life—though it was still, at this point, a confused life. The passage is not, in fact, from Tolkien, who wrote The Hobbit, as well as the Lord of the Rings trilogy, books Thiel obsessed over. It is from a theme song, written by Jules Bass, creative genius behind the 1980s cartoon ThunderCats, for the animated version of The Hobbit, which has come out in 1977. That spring, Thiel got into Stanford, his dream school. Among his classmates, legend had it that on the application, Peter had been asked to pick a word that best describes himself, and Thiel chose “intelligent.”
The Hobbit quote is fake then as so much of Peter’s world is. Is Palantir a fake company? Is it a sort of noble lie? Or just a bald-faced one? Maybe post-9-11 we needed a story. Consider the Lord of the Rings franchise, which debuted in December 2001, just a few months after September 11th. You’re either with us or against in the fight against Mordor terrorism. And of course there was always the question of whether or not the Hobbits were homosexuals or just British — is there a difference? — which could well have played to Thiel’s closeted nature.
This Manichean good versus evil Middle Earth plot was repurposed to summon up a disastrous war in the Middle East, much to the lament of the pacifistic impulses of Tolkiendom. And you know I’m more conversant on this stuff than I’m comfortable with sharing.
It got so bad that Viggo Mortensen donned a "No More Blood for Oil" T-shirt and spoke against the move toward war in Iraq during his appearance on the Charlie Rose show in December 2002. Mortensen continued to speak out regularly against the war and other Bush administration policies. It’s good to see Aragorn on the right side of history.
President Bush announced the cessation of major combat operations in his May 2003 speech aboard the U.S.S. Abraham Lincoln. That same month Peter Thiel founded Palantir.
So, let’s be clear: Thiel needs Carl Schmitt’s state of exception to justify the grift — and so long as its all privately held who really cares, you might say. You might even argue that many of these cons actually did Americans a solid by soaking up all the foreign cash in the private markets. Think of it as a managed grift — a cleverly calculated targeting of young nerds to get them to focused on dreams which never quite materialize. If Rhodes scholars had a bright future in their past as Peter Thiel says what do Thiel fellows have?
We’ve seen when that sort of thing isn’t under control. Matt Michelsen, who is under investigation for the human trafficking he facilitated on the U.S. border, got caught. Elizabeth Holmes’s Theranos got caught. So did Joe Lonsdale’s UBiome. The founders are still at large, likely in Thiel’s native Germany and Musk’s imagined one.
But we will catch you. Count on it. And the days where you could call us anti-semitic for enforcement the law are over.
After all, didn’t we catch Trump? Trump had battled the Deep State in the first term but it’s easy to see that he knows that the Deep State is him. You will be assimilated. There is no escape. And you don’t really want to escape anyway. You want to loot.
The reason you will learn so little about Epstein, or January 6th, or Covid, is that these are affairs of state and when you are super obsessed with them, we kind of know that you’re trying to weaponize them against social harmony. I think DOGE is becoming a similar such operation — a sort of smoking out, if you will, of all the strange tech guys. A Trump trap has become a fed trap for all oligarchs, if you will. If you will.
Don’t these tech titans have tech companies to run? Or is the tech company merely a dodge for DOGE, the real foreign-backed effort to confuse and scramble the sense-making apparatus of America?
DOGE is but a continuation of the Palantir marketing. You needn’t worry about terrorism. You can have civil liberties. “Just give us the government data, Uncle Sam.” But Uncle Sam says no.
Palantir cofounder Alex Karp talks about his commercial successes because he can’t really talk about how a lot of his product doesn’t really work.
Thiel claims the Turing test has been passed — arguing in effect that GCHQ’s rarest has been displaced by a bunch of amateurs. You can see why the British, having had Tolkien stolen from them by this strange German alien. The shtick is getting a bit old, Peter.
But it’s hard to buy it and it’s hard for the government to buy it without real inquiry.
“Fix procurement,” they bray. But procurement isn’t broken. And if it isn’t broke…
Wars are clarifying things. You can see who is real and who isn’t. We can see increasingly what works and what doesn’t work in the battlefield, can’t we? And all the world is a battlefield, especially the Homeland. Isn’t that the real lesson of September 11th? That, as Ben Franklin (or was it Frederick Douglass or was it Thomas Jefferson) said “[e]ternal vigilance is the price of liberty”?
Of course it was John Philpot Curran who said this: “The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is at once the consequence of his crime and the punishment of his guilt.”
In other words, it’s a personal commandment, not a public exhortation. Peter would do wise to remember that.
And yet we get more silliness.
That Thiel has proposed a South Africa-style “truth and reconciliation” in a deeply ironic. Is Thiel, who benefited from apartheid first in South Africa and appropriation at Stanford — was the school not started by monopolists? — really sure he wants to go there? Does he really want us poking around? Challenge accepted, I suppose.
The smart move for Peter would have been to shut up but he can’t do that and keep the hustle alive. He has to weigh in on issues big and small. In so doing, he reveals more and more of the network.
He couldn’t just sell his stocks and behave himself, could he?
Peter’s interests are simple:
He could sell everything and pay no taxes — but only if he . He has exposure on Palantir, which got in trouble with the SEC, and Founders Fund which is probed by federal law enforcement.
Now Peter doesn’t want to go to jail. Nor does he publicly want to be exposed as a fraud. He hasn’t paid taxes in years. In some sense that would be justified — if he invested his largesse in worthwhile causes but he simply doesn’t. Given his foreign ties one might even wonder if it’s even his money or if he isn’t merely holding it for someone else.
All cults come to an end, usually when their founder is too infirm. This is why they are obsessed with living for forever, like BYU grad turned Mormon money launderer turned vampire Bryan Johnson.
Don’t the Mormons believe you get your own planet? And isn’t that functionally what Elon Musk believes too? Why then is he building a polygamous compound if we are all going to Mars?
I don’t think it is a coincidence that both Thiel and Musk have had so many Mormons around. Joseph Smith had a seer stone too, didn’t he?
How different is Peter Thiel from this image of Joseph Smith sticking his head in his hat?
How different is Palantir from this Smith seer stone?
A lot of Peter’s money is held by Valar Ventures, which naturally stole from Tolkien and was founded by Thiel and James Fitzgerald — another BYU grad — in 2010. Even the name itself — Valar — seems Mormon. The Valar are “god-like immortal spirits that chose to enter the mortal world to prepare it for their living creations.”
Sounds a lot like the spirit babies doesn’t it?
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Peter Thiel donated at least $56,400 to Gavin Newsom’s campaign for Governor.
Why was a conservative donating to a liberal governor?
Might it have something to do with Newsom’s family history? We’re not supposed to talk about that.
Newsom’s father — William Alfred Newsom III, or “Bill” — was really his handler. You see this thing often with the failsons of great men. The elder Newsom staged managed the younger Newsom’s career until he passed away a month just a month after his son became governor. Many such cases in Gen X and I’m not here to judge though the problem with puppets is that if we can see their strings we can cut them.
It’s no exaggeration to say that the Newsoms and the Gettys are intertwined and that Bill Newsom served as a fixer for the Getty family, especially when it came to their money overseas in Italy and Germany. You really should take a moment and read about those Nazi ties.
So Newsom was a consigliere for the pro-Hitler Getty family and he held a top secret clearance when he served as the corporate counsel and board member for Trans-International Computer Investment Corporation (TCI).
One of TCI’s key players was none other than Otto von Bolschwing. Bolschwing was appointed president by the Getty family due to his Nazi ties. It was thought that the superior German technology might be used profitably in America. Newsom, for his part, referred to Bolschwing as “suave,” “plausible,” and “world weary” and traveled around Europe with the former high-ranking Nazi. As one does, I suppose.
Of course there was always the question about how much Bolschwing’s company was fake, how much it was a payoff for keeping secret the Getty family’s own considerable ties to Nazism, and whether Bolschwing was, in fact, a Soviet agent.
Bolschwing purportedly left his bag filled with classified documents on a train. Was he, like so many other Germans, a part of Die Hacke, that confederacy of Germans who middle-manned between the United States and Russia and later China and Israel? Might even the collapse of TCI itself have been a kind of attack on American technology? Or was it all just greedy and over exuberance? Might Nazism itself be a kind of pyramid scheme that preys upon the insecurity of the weak with pretensions of grandeur before resorting to outright theft and elimination?
A lot of this sort of thing is hinted at in New York Times reporter Eric Lichtblau’s book, The Nazis Next Door: How America Became a Safe Haven For Hitler’s Men (2014)
There's a lot there, especially about Bolschwing’s ties to Adolf Eichmann but this bit seems awfully familiar. Lichtblau describes Bolschwing as the “well-heeled son of a Prussian nobleman” who reinvented himself “first as a CIA spy in Austria, then as an international businessman in Manhattan” and who had been “trained in economics and law.” “The CIA was often there to help him,” notes Lichtblau. Huh.
Might I note, en passant, that Peter Thiel often met with future CIA director Bill Burns and the late Jeffrey Epstein?
A well informed friend of mine suspects that Palantir, for its part, is being kept alive because it might be useful in Israel in lieu of the AI killing algorithms. He imagines a world in which American companies like Palantir can replace the IDF’s killing machines with “Made in America” — as if wrapping yourself in Old Glory makes you immune from claims of genocide.
Maybe. Or maybe there just won’t be an Israel anymore. Maybe that’s what the Ukraine war was really about — a return to Khazaria.
And maybe, after three years of conflict, we’re learning that many of the drones that Peter funded don’t work all that well. In a crisis, both courage and cowardice are revealed.
The tech bros failed to rise to occasion. We were told they have superior tech but they don’t, do they? We saw that in Ukraine. It was companies like the satellite company, Umbra — which they avoided investing in and later tried to compromise — that helped the Ukrainians. Even Clearview.AI had its day helping to stabilize Ukraine.
Maybe Silicon Valley does have better tech. But it seems to me that what’s really going on is that we have another stock fraud. Rather than secret Nazi tech, we’ve got secret AI tech. It’s much the same thing going on. Palantir then becomes just another Nazi stock fraud — only this time there’s a Black-Jewish front man who goes on at length. Alex Karp has got the crazy hair. He’s a genius, you know. Such a genius. You simply must listen to what the comedian Tim Dillon says here about Thiel managing director Eric Weinstein.
In any event that super duper secret Nazi tech company TCI went bankrupt in 1971 after what the Sacramento District Attorney called "the biggest stock fraud in California history."
Rather intriguingly there was the question of whether or not Bolschwing had converted to Mormonism in his final days in the nursing home and there’s even the subplot of how it all started to fall apart for the count when he was selected to run the forerunner of USAID in India. One wonders if that Nazi money he made merely passed into Mormon hands.
Reading over the history now I somewhat wonder if TCI’s stock fraud was but the beginnings of a series of Nazi stock frauds known as Silicon Valley.
It’s hard not to notice Thiel fellow (and grandson of the Nazis) Austin Russell’s fake tech company Luminar as exhibit A here.
While it goes too far too call Thiel a fascist I did once call him “Nazi curious” which seems more than fair given his meetings with far right fascists and Talmudic readings of Carl Schmitt.
Officially Peter canceled me for that though he had long ago been told by his Israeli controllers to get rid of me. He bet wrong, of course.
I returned the favor by summoning the (albeit compromised) FBI to come pay attention. Of course the Mormon and Likud PR people around Peter went into overdrive but they merely revealed their position and were obliterated.
In reality, Peter runs a cult — and all cults collapse upon critical inquiry. Like my forefathers before me I’m against that sort of thing.
What’s with all the blog posts? The podcasts? The strange Financial Times missives? The Piers Morgan interviews?
Peter is becoming a pariah. This eccentricity was somewhat excusable when he was single but now that he is father to four children he has responsibilities to them. He might be able to run but what of his family?
The NSA gets better and better, year after year. It’s harder and harder to hide. It’s harder and harder to scam.
It’s time to pay the piper, Pied Piper…
There’s a space for you at the office that’s forming but the hour is late…
Miss you on Spaces, yet appreciate your Substack contributions. 🫡
Is the NSA supporting these neurotech weapons (below)? Or is the NSA trying to control rogue parts of gov?
This links to a video of a neurosurgeon who names Obama's "Brain-Health Initiative" as part of a larger neuroweapons macroproject.
https://x.com/MKultraGuneaPig/status/1900337343984451660