The most corrupt Presidency in U.S. history, and the entire Republican Party and Supreme Court are neck deep in it.

The lies, corruption, and incompetence run so deep that I can’t even bring myself to comment anymore. What amazes me is that I still have friends who remain Trump supporters. I’ve stopped questioning their intelligence or integrity—because they have neither.

This article might seem like the final straw, but there will be countless more, as Trump-MAGA criminality will never end while Republicans and the Supreme Court remain complicit.

I have no energy left to speak of the MAGA Republican Party and the Supreme Court. I’ll be gone long before this mess is cleaned up—if it ever is. I just pray for my children, grandchildren, and great-grandchildren, who will have to bear the consequences of what we’ve created.

BREAKING: Trump Lawyer Resigns In Protest, 100,000 Children Separated From Their Parents, Insider Trading Bets Hit Iran War, and more…
Top Stories for May 19, 2026, Adam Kinzinger, May 19

Hey everyone. Happy Tuesday. We’ve got some big stories today, with a top Trump lawyer resigning in the wake of the Weaponization Fund announcement. And after that, the president pointedly refused to rule out personally benefiting from the fund.

I want to speak personally about this, as a former member of Congress. Elected officials are supposed to be held to a higher standard. Was it inconvenient? Sure. Did some of us make less money in office than we could have doing something else? Of course.

But that’s the job. Public service should be about doing something good for the country, not your own bank account. Today’s stories all seem to revolve around the powerful having forgotten that lesson.

Beyond Trump’s self-enrichment, we also have a new report finding that the administration has separated more than 100,000 American kids from a parent. And 60 Minutes uncovered $2.4 million in apparent insider trading on the Iran war. The Trump EPA gutted limits on forever chemicals in your drinking water. And while all of that is happening here at home, the WHO has declared a global health emergency over a new Ebola outbreak in central Africa.

  1. The Slush Fund Is So Corrupt the Treasury’s Top Lawyer Walked Out — and Trump Won’t Rule Out Paying His Own Family
    Moments after Trump’s Anti-Weaponization Fund was announced yesterday, Brian Morrissey, the Treasury Department’s top lawyer, resigned. And Morrissey is not some Democratic holdover. He was a Trump appointee. A former clerk for Justice Clarence Thomas. He served in Trump’s first administration. And he walked off the job rather than put his signature on what was happening at his department.

His office had to approve the transfer of the $1.776 billion from the federal Judgment Fund, an uncapped pot of taxpayer money, into a new account. That account will be controlled by a five-person commission appointed by acting Attorney General Todd Blanche, who was until recently Trump’s personal defense attorney. Every member of the commission can be fired by Trump.

Then there is the question of who gets paid. Reporters asked Trump yesterday whether his own family would be seeking money from this fund. Watch what he did not say:

His own legal team’s statement was even less subtle. It read that Trump, his family, his supporters, and “countless other America First Patriots” were illegally targeted by the Department of Justice and the IRS. That is a roster of who is in line for the money, written by his own lawyers.

Let’s not pretend this is complicated. There is no honest way to describe this as a legal settlement. It is a payoff. And the only person inside the administration who treated it like one was the Treasury’s top lawyer, who quit rather than sign his name to it. He saw what this is. The question is when the rest of the Republican Party will.

  1. Report Reveals Trump Has Separated 100,000 Children From Their Parents — and 75% Are U.S. Citizens
    In a brand new Brookings Institution report, researchers estimate around 145,000 U.S. citizen children have had a parent detained since Trump returned to office. About 22,000 have had every parent in the home taken into custody. More than a third of those children are under six years old.

And here is the part that should stop you cold. Only about five percent of these children have been touched by the child welfare system. The other 95 percent are scattered: some with relatives, some left the country with a deported parent, some simply unaccounted for in any government data.

The Department of Homeland Security responded with a sentence they have been recycling for a year: ICE “does not separate families.” That is the official line while 145,000 American kids are missing a parent.

In Trump’s first term, family separation at the border ended in 2018 because the country saw the photos and refused to live with it. This time around it is more than twenty times bigger, it is happening in our cities rather than at the border, and the official government response is to deny the separations are happening at all.

  1. 9 Anonymous Accounts Made $2.4M Betting on Trump’s Iran Strikes
    The analytics firm Bubblemaps identified nine connected, anonymous accounts on the prediction market Polymarket that pulled in more than $2.4 million betting on U.S. military actions against Iran. Across more than 80 bets, those accounts had a 98 percent win rate. That is not a hot streak. That is information turned into profit.

The accounts hit the exact dates of the first U.S. strikes on Iran, the removal of Iran’s supreme leader, and the announcement of the ceasefire. They placed bets when the public odds were low, which is what you do when you know something the public does not.

A separate analysis flagged a slow trading day in March when someone staked more than 800 million dollars on oil prices falling, fifteen minutes before Trump posted on Truth Social about productive talks with Iran. Oil dropped ten percent. Federal investigators are probing those trades.

The Commodity Futures Trading Commission, which is supposed to police all of this, is a five-member commission currently led by a single person. Enforcement actions are down sharply since 2024.

You know what insider trading on a war looks like in plain English? It means someone inside the United States government, or someone connected to it, told someone else when American troops were about to be put in harm’s way, and that someone made millions on the knowledge. And if that is not worthy of a national security investigation, I don’t know what is.

  1. Trump’s EPA Rolls Back Forever Chemical Limits in Your Tap Water
    The Environmental Protection Agency yesterday rescinded the Biden-era drinking water standards for four PFAS chemicals, also known as forever chemicals. PFAS are linked to cancer, thyroid disease, liver damage, fertility issues, and immune system damage. To be clear, Trump’s own EPA says that right on their website..

EPA Administrator Lee Zeldin called the Biden rule procedurally flawed. The American Chemistry Council, which sued to block the rule, is presumably thrilled. Health Secretary Robert F. Kennedy Jr., who built his political brand suing chemical companies over exactly this kind of contamination, stood at the same podium and defended the rollback.

The actor and activist Mark Ruffalo, whose film Dark Waters was about PFAS contamination, said, quote, “Weakening the PFAS drinking water standards will make America sicker, not healthier.”

You can argue about enforcement timelines. You cannot honestly argue that cancer-causing chemicals in our tap water suddenly need fewer rules around them. This is an administration that ran on the slogan Make America Healthy Again loosening the standards on poison in drinking water. Pick a side, guys.

  1. Ebola Is Spreading, and Trump Gutted the Agency That Used to Stop It
    The World Health Organization on Sunday declared a Public Health Emergency of International Concern over an Ebola outbreak that has now killed more than 130 people across Uganda, the Democratic Republic of the Congo, and South Sudan. There are more than 300 confirmed cases with no vaccine for this strain.

The WHO declared this a Public Health Emergency on Sunday, May 17 — the highest alert level in the international health system. It’s only the eighth time this designation has ever been issued. The CDC issued a Level 3 travel advisory to these countries and has restricted entry from them for 30 days.

One American — Dr. Peter Stafford, an aid worker in eastern Congo — has been infected. Six other Americans believed to be exposed are being moved out of the region.

Here’s where Trump comes in. Jeremy Konyndyk, who ran USAID’s disaster response under Obama and Biden, put it directly: “Most of the international infrastructure that we used to use to respond to outbreaks has been DOGE-d.“

U.S. humanitarian assistance to the Democratic Republic of the Congo dropped by 80% this year. The CDC’s Global Health Center cut 60% of its staff. And the surveillance program designed to identify new viral outbreaks in Central Africa — was eliminated entirely in February.

And here’s what makes it worse: we have battled this virus before, and won. In 2014, the Obama administration sent 3,000 American military personnel and aid workers to West Africa to stop an Ebola outbreak that killed 11,000 people. We stopped it before it spread. We knew how to do this. And Trump and Musk threw all of that away — to save what amounts to a rounding error in the federal budget.

Talk to your friends, family, and acquaintances. I have grown too tired and too old to argue with fools anymore.

Rodger Malcolm Mitchell

Monetary Sovereignty

Twitter: @rodgermitchell

Search #monetarysovereignty

Facebook: Rodger Malcolm Mitchell;

MUCK RACK: https://muckrack.com/rodger-malcolm-mitchell;

https://www.academia.edu/

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A Government’s Sole Purpose is to Improve and Protect The People’s Lives.

MONETARY SOVEREIGNTY

Why does the world’s richest man want you to have less money?

For many rich people, acquiring wealth has become so ingrained in their lives that they don’t feel comfortable unless they are searching for ways to acquire more. I have acquaintances like that. They already have far more than they ever will spend in their remaining years, yet they are frugal to the point of absurdity.

They tip at the lower end of the scale. They give only minimally to charity. They search grocery ads for sales.

For the ultra-wealthy, the top 0.1%, the easiest path to growing their fortunes is to create distance from those beneath them, often by pushing for the government to spend less on supporting people with fewer resources.

Elon Musk is a classic example, as this article demonstrates:

America’s debt bill has grown so large that even the world’s richest man, Tesla and SpaceX CEO Elon Musk, sounded less like a tech mogul and more like someone warning the country its financial engine was starting to smoke.

“A country is no different from a person,” Musk said during a Fox News interview in 2025. “If a country overspends and doesn’t spend wisely, just like a person, the country will go bankrupt.”

Musk understands that the finances of a Monetarily Sovereign nation like the U.S. work differently from those of an individual.

The U.S. has the unlimited capacity to create dollars, so if it needed to pay a ten trillion or even a hundred trillion-dollar invoice, it could do so effortlessly with just a few keystrokes.

In practical terms, the federal government cannot go bankrupt, and it doesn’t even need to collect taxes.

He said corruption, waste, and unchecked spending were pushing the country toward dangerous territory.

“The reason I’m here is because I’m very worried about America going bankrupt due to the corruption and waste,” Musk told Fox News. “And if we don’t do something about it, the ship of America is going to sink. And we’re all on that ship.”

Musk confuses corruption and waste, which are two distinct issues. Corruption means breaking the law, like what the Trump family does routinely. Waste, on the other hand, is about unnecessary spending, such as Musk’s claims regarding underpaid federal workers he let go in large numbers without recognizing their contributions.

So why the lies? To confuse.

By presenting the situation in widely accepted, though inaccurate, terms, he attempts to persuade Americans that the government should cut spending on major programs like Social Security, Medicare, Medicaid, and other initiatives that help those with fewer resources.

This allows him to increase his wealth by further widening the gap in income, wealth, and power between himself and those below him.

When Musk made the comments last year, the federal government was already running deficits near $1.8 trillion annually. Fiscal year 2025 ultimately closed with a deficit of roughly $1.8 trillion, according to Congressional Budget Office estimates.

The numbers now are not much better.

The CBO and other fiscal watchdog groups project fiscal year 2026 deficits to land around $1.9 trillion, with some estimates climbing above $2 trillion. In just the first six months of fiscal year 2026, the federal government had already borrowed about $1.2 trillion.

The public does not understand two key facts:

  1. The federal government can run deficits indefinitely by simply creating money electronically, so it can never run out of dollars.
  2. Deficits are crucial for economic growth, as every depression in U.S. history has followed periods of government surpluses, and nearly every recession has been caused by deficits that were too small.

The formula for economic growth is: Gross Domestic Product (GDP) = Federal Spending + Non-federal Spending + Net Exports. A drop in Federal Spending also impacts Non-federal Spending and results in reduced GDP. Simple algebra.

Interest payments are becoming an even bigger issue. Recent projections show annual interest costs on the national debt topping $1 trillion, meaning more taxpayer money is being spent servicing existing debt instead of funding government programs or infrastructure.

Federal interest payments stimulate economic growth by channeling money from the government, which has unlimited funds, to businesses and individuals who then spend it.

America’s debt bill has grown so large that even the world’s richest man, Tesla and SpaceX CEO Elon Musk, sounded less like a tech mogul and more like someone warning the country its financial engine was starting to smoke.

No, he sounded more like a rich Trump appointee, parroting the party line that the rich are America’s honest heroes, while the rest of us are lazy slackers, responsible for “corruption and waste.”

Musk framed the debt problem in terms most households already understand.

Long ago, sailors were cautioned not to venture too far, for fear they might fall off the edge of the world—a warning framed in terms everyone could grasp.

Similarly, by equating corruption with waste and falsely claiming the federal government is going bankrupt, Musk exploited the public’s misunderstanding of how federal finances actually work.

When Musk made the comments last year, the federal government was already running deficits near $1.8 trillion annually. Fiscal year 2025 ultimately closed with a deficit of roughly $1.8 trillion, according to Congressional Budget Office estimates.

The numbers now are not much better.

Pumping less money into the economy isn’t “better” — it’s actually much worse. If not from the federal government, where else can the economy get the growth dollars it needs?

The CBO and other fiscal watchdog groups project fiscal year 2026 deficits to land around $1.9 trillion, with some estimates climbing above $2 trillion. In just the first six months of fiscal year 2026, the federal government had already borrowed about $1.2 trillion.

More than a year after the Fox News interview, the central issue Musk raised remains largely unchanged. Deficits are still approaching $2 trillion, debt interest costs continue climbing, and Washington still has not found a clear path to slow either one down.

These warnings are nothing new. In fact, the post, “Historical BULLSHIT Claims the Federal Debt Is a ‘Ticking Time Bomb’”: From Sept. 26, 1940 to April 20, 2026, highlights that the same false claims have been repeated for the past 86 years. Yet, despite their consistent inaccuracy, many people still believe them.

Interest payments are becoming an even bigger issue. Recent projections show annual interest costs on the national debt topping $1 trillion, meaning more taxpayer money is being spent servicing existing debt instead of funding government programs or infrastructure.

This is where inconsistency turns from ignorance to comedy. First, they gripe about deficits; then, they gripe about taxpayer money. But the two are opposites—deficits mean there isn’t enough taxpayer money.

In short, the federal government can’t run out of dollars, and the more it puts into the economy, the more it fuels economic growth. The wealthy spread falsehoods about our economy to cut back the benefits we get from the government, ultimately making themselves even richer.

The result is a litany of lies, including:

  1. The federal government “can’t afford” to pay for Social Security, Medicare, Medicaid, food stamps and other social benefits.
  2. Taxes supporting social benefits must be increased, especially the taxes paid by the lower 90% income groups.
  3. When the government spends, that is “socialism,” which is bad for the economy.

Folks, it simply is not true. These believing those claims are the suckers the rich believe them to be.

Rodger Malcolm Mitchell

Monetary Sovereignty

Twitter: @rodgermitchell

Search #monetarysovereignty

Facebook: Rodger Malcolm Mitchell;

MUCK RACK: https://muckrack.com/rodger-malcolm-mitchell;

https://www.academia.edu/

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A Government’s Sole Purpose is to Improve and Protect The People’s Lives.

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One of my favorite magazines — WIRED — gets it wrong.

WIRED is one of the best magazines these days — interesting, comprehensive articles about technical subjects. There is nothing like it. But they sure blew it this time.

An article in the May edition makes two main points: A gas tax holiday won’t lower gas prices much (true), and the gas tax supports road maintenance (false).

Here are some excerpts and comments:

Why a Federal Gas Tax Holiday Is a Terrible Idea, By Molly Taft, May 15, 2026

Reducing the fee will have only a marginal impact on prices while depriving the government of revenue to maintain roads.

Immediately, the misunderstanding rears its head.

The finances of the U.S. federal government are not like state and local government finances, or business finances, or your personal finances.

The federal government uniquely is Monetarily Sovereign. It has the infinite ability to create dollars at the touch of a computer key.

It is impossible to “deprive the government of revenue.”

As gas prices stay stubbornly high across the country, President Donald Trump mused this week about suspending the fuel tax US consumers pay.

The idea is also picking up steam in Congress, with Democratic and Republican lawmakers pushing for a gas tax holiday.

But experts tell WIRED that it’s unlikely that any rollback—even temporary—of the fee will save consumers much as the unofficial start to summer travel season nears.

“It’s unlikely that oil prices, gasoline prices, diesel prices are going to fall back to where they were in February any time in the next couple months,” says Clark Williams-Derry, an analyst at the Institute for Energy Economics and Financial Analysis.

The average price of gasoline across the country was $4.53 per gallon as of Thursday, up from $4.12 a month ago, and $3.18 last year, according to AAA. That includes the federal gas tax, which is a little over 18 cents a gallon.

Trump can’t suspend the gas tax on his own—it would take an act of Congress. (Taylor Rogers, a White House spokesperson, noted the 18-cent savings in WIRED’s request for comment, and added that this move “would be a temporary measure.”)

The tax, which was created in 1932, has never been suspended. But politicians from both sides of the aisle have put forward a variety of bills this year that would temporarily lift the federal tax.

The date is important. Back in 1932, the federal government was less Monetarily Sovereign because it was hampered by a gold standard. It restricted its own money-creation ability by requiring itself to store gold, the value of which supposedly supported the value of the dollar.

It was all a self-crippling charade, of course, because the only thing that ever has supported the value of the dollar is the full faith and credit of the U.S. government.

President Nixon demonstrated the folly of gold and silver standards by simply ending them in 1971. At the stroke of a pen, the fictional “backing” for the dollar disappeared, and only the real backing remained.

Even if the tax is suspended for the summer, drivers wouldn’t necessarily see much in the way of savings. Prices at the pump are decided by a number of different factors, from refining costs to the costs to operate gas stations.

And inflation driven by high fuel prices and a shortage in commodities that rely on oil as a key input, like fertilizer, around the world is also making life more expensive for Americans. In April, the consumer price index—used to measure inflation—was up 3.8 percent year over year.

With the costs of everything from food and rent to airfare ticking up, an 18-cent savings doesn’t add up to much over the long run.

“When you take away the retail gas tax, it’s not going to have a dramatic effect [for consumers],” says Tyson Slocum, the director of the energy program at the progressive think tank Public Citizen. “But what would be dramatic is the loss in federal revenues.”

Wrong. Congress could supply all the needed revenues just by voting. That is the same way Congress provides revenues to the military branches, the White House, the Supreme Court and to Congress itself, as well as all other federal projects.

The federal gas tax funds the Highway Trust Fund, which was formed to support highway maintenance and mass transit projects.

Wrong. The tax funds nothing. It’s not even a trust fund (See: The Phony Trust Fund Controversy) It’s just a line item in a federal balance sheet — which Congress can add to or reduce at whim.

That fund was already facing severe insolvency issues even before proposals to lift the federal gas tax.

No federal program can become insolvent unless Congress and the President want it to.

Williams-Derry points out that many of the roads in the US are “literally crumbling:” Nearly 40 percent of the country’s highways and roadways are in need of repair, a 2025 survey found. The already low taxes are a big driver of poor infrastructure, he says.

No, Congress’s and the President’s unwillingness to allocate sufficient funds is the problem.

Cutting off revenue, even temporarily, would only exacerbate the problem.

Congress and the President created the problem, and they also can fix it. The tax is just an excuse to do nothing, much like how the FICA tax is used as an excuse to cut Social Security and Medicare.

There’s also a possibility that a temporary break could be extended indefinitely, given the political risks of reinstating it, particularly as midterms near.

“The loss of federal revenues available to ensure that our transportation infrastructure remains sound, it’s just not a good deal for consumers,” Slocum says.

The loss of federal revenues is entirely in the hands of Congress and the President. No tax is necessary or even helpful.

Rodger Malcolm Mitchell

Monetary Sovereignty

Twitter: @rodgermitchell

Search #monetarysovereignty

Facebook: Rodger Malcolm Mitchell;

MUCK RACK: https://muckrack.com/rodger-malcolm-mitchell;

https://www.academia.edu/

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A Government’s Sole Purpose is to Improve and Protect The People’s Lives.

MONETARY SOVEREIGNTY

This is insane. Where are the Democrats in this?

https://www.msn.com/en-us/news/politics/ghislaine-guard-goes-public-with-claims-that-rattle-trump-allies/vi-AA23gtRZ?ocid=msedgntp&pc=EDBBAN&cvid=6a073f0c24304456a2b22fcd6c1ee625&ei=16#details

Do you have any thoughts?
And what about this: https://mail.google.com/mail/u/0/#inbox/FMfcgzQgLrstMMwpZNPPSPmpPmWVMxNx
It just gets crazier and crazier.
And under the title, “There’s a (MAGA) sucker born every minute” we have this: https://www.msn.com/en-us/money/other/trump-phone-buyers-confront-59-million-refund-fine-print-as-company-promises-to-start-deliveries/ar-AA23fqfU?ocid=msedgntp&pc=EDBBAN&cvid=6a078c830da549c79390b20d9b0a4fa2&ei=34 These fools never learn