CMR is the leading provider of funding and management support for small to medium-sized businesses and entrepreneurs 

Officials within the administration of Minnesota Gov. Tim Walz actively enabled at least some of the state’s estimated $9 billion in social services fraud by suppressing fraud reports, retaliating against whistleblowers and changing protocols to mask criminal behavior according to Republican lawmakers who testified before Congress this week.  

The representatives also asserted that whistleblowers (and potential whistleblowers) have been threatened with retaliation from MN Democrats who would make sure whistleblowers lost their jobs, their homes, they’d be blacklisted from new jobs and their "children would be tracked". 

Minnesota Rep Marion Rarick says if any whistleblowers came forward to expose fraud, Democrats would make sure they lost their jobs, their homes, they’d be blacklisted from new jobs and they would TRACK THEIR CHILDREN

Democrats would try and take away kids for exposing fraud… pic.twitter.com/vyoBYeFyVh

— Wall Street Apes (@WallStreetApes) January 9, 2026

State Reps. Walter Hudson, Marion Rarick, and Kristin Robbins are members of their legislature’s committee on fraud prevention, which has been investigating some of the same instances of fraud that have captured the national spotlight in the past month.

All three of them were invited to testify at the House Committee on Oversight and Government Reform’s first of at least two scheduled hearings on the rampant social services fraud that led Walz to withdraw his bid for reelection in 2026.  

Rarick in particular spoke about the pressure and opposition whistleblowers faced. According to Rarick, what was once a group of about 480 disenchanted current and former state Department of Health Services employees has grown to over 1,000 people across multiple state agencies. Those DHS employees started an account on X called "Minnesota Staff Fraud Reporting Commentary", and many have been more than willing to talk with the fraud prevention committee about what they have found and experienced.

“In our face to face meetings with a group of whistleblowers, they revealed that retaliation now includes threats of being fired with cause, which means you do not get unemployment insurance in the state of Minnesota, being blacklisted from all state agencies…and then there was a veiled threat of the use of military intelligence against them,” Rarick said.

The revelations are tied to a program which imported around 100,000 Somali refugees into Minnesota since the 1990s, though the majority (around 54,000) arrived in the US during the Obama Administration from 2009 to 2016.  Around 81% of Somali migrants are on some form of welfare and they are greatly over-represented in government subsidized business startups connect to potential fraud. 

How were these migrants from a third world country able to successfully establish so many front businesses and siphon billions of dollars in taxpayer funds?  They had help from Democrat officials according to whistleblowers.  This would explain why investigations into migrant racketeering consistently fizzled and why Democrat appointed judges dismissed multiple fraud cases involving Somalis. 

The latest surge in far-left protests in Minneapolis almost appears tailor made to distract from the issue of fraud, making the issue about the lawful shooting of an NGO trained activist rather than the theft of billions of dollars with the aid of Democrats. 

It is likely that migrant fraud enabled by Dems helped to feed political coffers and election campaigns.  There is a good reason why Tim Walz dropped out of the governors race and essentially inciting civil unrest in the state.  There is a good reason why Dems are behaving so hysterically when it comes to an official federal investigation.  This is what leftists do when they get caught - They try to create chaos and muddy the waters.      

By Peter Tchir of Academy Securities

Fast And Furious 47

The Fast and Furious franchise is on its 10th or 11th movie. The U.S. government is on its 47th President.

In an interesting “mash-up,” we have entered into the arena of Fast and Furious 47.

I don’t think we have ever seen the generation of so many headlines, on so many subjects, so quickly from any world leader, as we’ve seen since the start of this year!

Aside from the “obvious” headlines on Venezuela, which after Friday’s press conference looks more and more like colonization, we have a raft of geopolitical headlines.

• Seizing Russian-flagged crude carriers.
• Threats on Cuba, Iran, and Syria (U.S. strikes against ISIS targets once again on Saturday) to name a few. With the events that occurred in Venezuela, these need to be taken very seriously.
• Some sort of peace negotiations continue with Russia and Ukraine.
• Some sort of plans for rebuilding Gaza (hearing about a ski resort?).

If you missed this week’s Academy Webinar, I highly recommend watching it as Rachel Washburn does an amazing job moderating the conversation with General Ashley (Army), General Bellon (Marine Corps) who was in charge of U.S. Marine Corps Forces South (in South and Central America), Linda Weissgold (Former CIA Deputy Director for Analysis), and myself.

Then on the economic front, we had:

• Venezuela and its oil – there are a lot of potential economic outcomes from the intervention in Venezuela. It remains to be seen how this plays out, and even after the press conference with oil heavyweights on Friday, there seems to be some disagreement on how attractive the prospects of investing in Venezuelan oil are.
• The U.S. invested $2.7 billion in companies involved in uranium enrichment. The ProSec drumbeat continues to create investment opportunities.
• Defense stocks were hit when the President suggested restricting compensation and dividend payouts for companies that are behind their targets for delivery. Then they rose when the President suggested the military budget should be increased from $1 trillion to $1.5 trillion (somehow bonds barely reacted).
• Housing had its own mixed bag of headlines. $200 billion to buy mortgages caused mortgage spreads to tighten. The President also tossed out the idea of restricting home purchases to individuals rather than entities designed to buy up housing.
• Closing out the week was the “announcement” that credit card interest rates should be capped at 10%. On one hand, I’ve never figured out how cutting rates by a few bps here and there moves the needle for people at the lowest income rungs, especially the ones struggling with debt. On the other hand (I can play “economist” periodically), the rates are designed so that the card issuers can provide credit to as many people as possible while compensating for their potential credit losses (capping rates will likely constrain credit issuance to the riskiest borrowers).

I’m sure I missed a bunch of other important and potentially market-moving events.

Midterm Elections are Driving Everything

The President is well aware of the importance of winning the midterm elections. He realized that a President without the House of Representatives and Senate on his side, is not in an enviable position.

Look for him to implement policy after policy after policy attempting to secure victory in the midterm elections for Republicans.

• Success in foreign policy will be a key element. From bombing Iran’s nuclear facilities, to capturing Maduro, look for a lot more to occur on this front.
• Affordability is another key issue. The steps on credit cards, housing, and mortgage rates seem to try to address that. Look for more.
• Drugs and immigration will remain front and center. It seems impossible to envision a path that does not include turning our attention, and likely full might, on the Mexican cartels.
• Transactional. Being transactional is not necessarily bad, and in many cases can be good, and certainly more effective than the policy of admonishing and haranguing, which did seem to be how we treated many developing or emerging nations.

If you had “colonization” on your bingo card for the year, you can stop reading now. You were way more prepared than I was. Maybe it is a stretch to call the intentions with Venezuela a form of “colonization,” but at the moment, it doesn’t seem like too much of a stretch.

Even dialing it back, who really had a successful overnight raid to infiltrate Venezuela, to arrest Maduro, and then bring him (and his wife) to the U.S. to face charges as part of their January 2026 outlook? It is interesting to note that given the clear superiority of our military, in terms of equipment, training, and execution, the admin is keen to use it to our advantage, as demonstrated by the recent and effective actions in Iran and Venezuela.

The point we are trying to make is twofold:

1. Expect a LOT more announcements on many more subjects than you thought were possible even in your wildest imagination.
2. Let your imagination “run wild” with what could come up as potential policy, because for this admin, “out of the box” is the norm and not trying to get ahead of it could cost you.

Anticipating moves and preparing for them will help you make better investment and corporate decisions.

Out of the Box on Interest Rates

On Friday, in Jobs, Housing, and Tariffs, we tried to hammer home the need to take the government’s goals on short-term rates, the 10-year Treasury yield, and mortgage yields seriously.

Back in August, we “thought out loud” about some potential steps to Lowering Yields Across the Curve. At this stage, my only regret is that we didn’t think outside the box enough!

My view on rates is:

• We are not pricing in enough cuts quickly enough. 2 cuts by June rather than 1 is at least my “base” case if not my “worst” case. With Fed Funds effective sitting right around 3.65%, I don’t see how we get to the end of the summer (and the heart of the election campaign) with rates higher than 2.875%. This is not an “economist” view based on “economic” data. It is a view that the admin wants it there and fighting that desire seems to be a recipe for disaster.
  • Also, there is so much wiggle room around things like the Neutral rate. For all those arguing that 3 cuts wouldn’t make sense, let’s not pretend that setting rates is a science. It is as much guesswork as science.
• 10s will get below 4%. Sooner than later.
• Mortgage yields will grind lower as spreads tighten (and the 10-year Treasury yield moves lower). 3.75% as a target in Q1 seems high, but that is gradually where I think we will come out.
• On Friday we suggested we were finally ready for 2s vs 30s to flatten. It didn’t do much until about 10am when it went from 135 to close at 128. Look for more flattening, which might make 3.75% too high of a target on 10s.

This is not necessarily the monetary policy I would want to enact. A lot can happen in the economic data to change this outlook (certainly true with the Fast and Furious 47 theme). But at the moment, I’m fighting the market, not the admin (which I think includes the Fed, or will include the Fed more than it has historically).

A "Fun" Fast and Furious Story

I was having a conversation a few years ago with an extremely good financial journalist. We were talking about “trades we missed.” You know the sort of thing you had conviction in but took off too early, got stopped out, or just didn’t have the will to push management to put it on. It was a fun and cathartic conversation. 

But he had a story that outdid them all.

A journalist had been assigned by some paper/magazine (I want to say Vanity Fair or The NY Times) to explore “Street racing in Los Angeles.” It was outside the usual beat of this journalist but they went ahead and wrote a feature article about street racing in LA.

According to legend, this overworked and underpaid (only modestly successful) journalist was offered an “immense” amount of money (or what seemed like an immense amount of money at the time) to option the movie rights to their work. At the time, presumably the mid-1990s, $50k for an “option” to do movies about street racing in LA seemed like a great deal.

Fast forward to 2001, when Fast and Furious came out and became a surprise hit, that author had some serious regrets. As the franchise grew to a level very few franchises grow to (think James Bond, Star Wars, Friday the 13th), one can only imagine the thoughts going through that person’s mind.

Not sure this has much to do with today’s T-Report (other than that we all miss investments, in part because we don’t believe enough in them), but I did think it makes for an interesting interlude, before the final segment of today’s T-Report.

ProSec Needs You!

The title of this section should probably read You Need ProSec but that doesn’t go as well with the picture that we have included. We already included a “smattering” of ProSec related news in this report. Venezuela, oil, and the uranium investment. The scope of ProSec is broad enough that it encompasses so much more.

We were just discussing how difficult it was to get traction with our theme of National Production for National Security and Resiliency. After a year of trying to get traction with anything from “Refine, Baby, Refine” to National Production for National Security, we settled on ProSec as an easy way to capture our theme. It was back in August that we officially Launched ProSec.

Since August we have used ProSec in the title of 6 T-Reports and incorporated it into countless others. We have lost count of how many times we’ve used it in the media, but finally, Lisa Abramowitz at Bloomberg can keep a straight face when she mentions ProSec. It has been actually used in some reporting on how to invest under this administration. The grammar police say that I should remove “actually” but I think the use of “actually” connotates some level of surprise, which is relevant in this case. While JPM doesn’t officially call the $1.5 trillion earmarked for certain types of investments ProSec, it certainly seems to fit that quite well.

It also doesn’t hurt that two individual stock tickers we mentioned in ProSec 2026 have done extremely well. INTC is up 23% YTD, and BC is up 18% YTD. Pretty healthy increases. Across the board, many of the ProSec sectors and potential stocks (or ETFs) are outperforming the broad market (1.8% on the S&P 500 and 2.8% on the Nasdaq). Our “rotation” theme is also working out well, with the Russell 2000 up almost 6%.

Continuing to build out a portfolio of ProSec linked names should continue to work well.

• A mix of “National Champions” with smaller, very domestic-focused companies should do well. Also, companies integral to the build-out phase, will do very well.
• Processors, refiners, and finished goods manufacturers will likely outperform those further down the supply chain. Yes, the entire chain will do well, but expect benefits to accrue disproportionately to companies that reduce our dependency on China the most. While less dependency on everyone is part of the admin’s goal, those that can address China the best will do the best.
• While the following chart is almost embarrassingly bad, even by T-Report charting skills, I think it is a great way to filter companies in (or out of) the ProSec narrative.

You Need ProSec

Whether you are part of forming government policy (at any level of government, domestic or international), are an investor, or directing the future of your company, thinking about Production for Security and Resiliency is likely to become a large part of your analysis going forward. Might as well start embracing it now, if you haven’t already.

Holy Corporate Bond Market!

The corporate bond calendar started the year at a record setting pace. I’m not sure how people in the bond market had time to breathe this week – between the headlines and the onslaught of new issues!

Not only was the supply absorbed easily (deals were oversubscribed, came with little or no concession, and still traded tighter) but also spreads in the secondary market tightened (based on the CDX IG CDS Index and the Bloomberg Corporate Bond Option Adjusted Spread).

Look for credit to continue to be stable and maybe grind a bit tighter.

Still waiting to see how the year evolves for the funding needs of data centers, AI, and energy generation. I suspect for companies that explain their plans, and communicate that they will be cautious on spending if the results don’t warrant spending, the markets will be very receptive.

Those markets will likely include public credit in your own name, private credit (on a project finance basis), and possibly even some larger deals that fall squarely into the “traditional” realm of structured products.

Bottom Line

Two biggest threats to risk markets:

• China decides to respond to more aggressive U.S. actions across the globe by constraining shipments of rare earths and critical minerals. That is their primarily leverage. If they do use that leverage, it will come at the expense of their ability to legally procure U.S. AI and chip technology. I’m watching for any sign that China starts to “slow play” their approval of export licenses and/or the slowing of any contracted shipments.
• Our own politics become so divisive that things cannot get done. Seems like a low risk, but we have seen some movement across party lines in some votes this past week. Keep an eye on that as a risk to the current path, which has been benefitting ProSec.

The “surprise” that could propel risk markets much higher:

• The bond market drifts towards our outlook on rates.

Part of me wishes the current pace of headlines cannot continue, but:

1. I do think the current pace of headlines will continue as Fast and Furious 47 is a real thing.
2. I probably must admit that I enjoy the pace of headlines and the excitement and opportunities they bring to the markets.

Good luck and thanks again for all your help in 2025 and everything you have done to help us get 2026 going in the right direction for Academy!

CES, short for the Consumer Electronics Show, wrapped up late last week in Las Vegas. It is the world's largest technology trade show, offering attendees a peek into the future. This year's event marked a shift away from gimmicky uses of artificial intelligence toward products that deliver real-world productivity gains, alongside a series of key comments from industry leaders on the state of AI.

Consumer tech publication Tom's Guide had journalists walking CES last week who focused on finding products with practical uses of AI, including a fridge that reads food labels and manages groceries, a wearable device that records and summarizes your day while tracking emotions, and Lenovo's Qira, an AI companion that anticipates user needs.

Alongside increasingly smart software, CES also delivered notable hardware, including an ultra-thin TV, a gaming laptop with a rollable screen that expands, and a wild robot vacuum that can climb stairs and clean more intelligently.

Last Monday, Nvidia CEO Jensen Huang delivered a CES keynote on booming memory demand driven by AI. The comments sent memory stock prices like SanDisk's through the roof.

Goldman analyst Peter Bartlett told clients on Saturday that "CES came and went (AI commentary still robust), global Memory stocks resumed their torrid moves higher."

Bartlett noted:

Memory madness… The global memory complex took another violent leg higher last week. Ongoing positive supply/demand datapoints + comments from Jensen @ CES highlighting the massive "unserved" demand for memory in the AI industry fueled the explosive move higher. From a flows perspective, our institutional activity skewed better to buy across this group, but my suspicion is the global retail trading community has had a hand in this move as well.

After Tom's Guide evaluated dozens of companies, we took it a step further and focused on just a few of the most promising concepts or new products:

Lenovo Legion Pro Rollable

If there's one thing that's inevitable, it's Lenovo introducing a fun rollable display concept at CES. But what I didn't expect was a rollable prototype that I actually pray that the company makes. And that's exactly what we have in the Lenovo Legion Pro Rollable. Simply put, it would be the perfect bridge between my home gaming setup of an ultrawide monitor and my gaming laptop — a display that can extend from the 16-inch 16:9 panel all the way up to 24:9 at a impressive 24 inches at a 240Hz refresh rate. Whatever genre of game you're playing, you've got exactly the right screen aspect ratio to play it with. — Jason England

Asus ROG Swift OLED PG34WCDN

Upon first glance of the Asus ROG Swift OLED PG34WCDN (it's a mouthful, I know), I was immediately blown away by the visuals. I mean, there's the clarity of the best gaming monitors, but then there's this 34-inch QD-OLED display with next-gen RGB Stripe Pixel OLED technology boasting a 1800R WQHD (3440 x 1440) curved panel. The results? Crystal-clear visuals with draw-dropping colors and true blacks.

We've seen monitors reach well over a 360Hz refresh rate and a 0.03 response time, but Asus claims this is the world's first RGB OLED gaming monitor on the market. It offers a 40% uplift in perceived blacks thanks to the ROG BlackShield film, along with richer colors, making the ROG Swift OLED PG34WCDN a monitor for gamers and creatives to keep an eye on for 2026. — Darragh Murphy

Best 2-in-1 Laptop: Asus Zenbook Duo

The Asus Zenbook Duo finally did the thing I always wanted it to do. The redesign makes this 2-in-1 truly shine by eliminating the distracting lip between those two 14-inch OLED panels. On top of that, the battery is now shared between both sides for better weight distribution; the aluminum chassis is slimmer and sleeker; and this comes strapped with our best of show winner: Intel Core Ultra Series 3. That's sure to bring the power efficiency this dual-screen beast needs.

For the past couple of years, the idea of a 2-in-1 has always been a convertible laptop. In 2026, dual-screen laptops have a real shot of breaking through thanks to the Zenbook Duo. — Jason England

Roborock Saros Rover

The ability to climb stairs is the final threshold — both literally and figuratively — for robot vacuums. At CES 2026, we saw a few companies try to tackle that problem, but the Roborock Saros Rover did it with the most elegance.

This robovac has two wheels at the end of extendable legs that can lift it up, one step at a time, to go from one floor of your house to the next. Even better, it can vacuum each tread of your stairs as it ascends. It's also pretty agile. In our hands-on with the Saros Rover, we saw it lean back and forth on each leg, glide effortlessly down a ramp, and even jump up and down. When was the last time you saw a robot vacuum do that? — Mike Prospero

Hisense RGB MiniLED 116UXS

You can't walk more than 15 feet in the Las Vegas Conference Center without seeing a sign for some brand's Mini RGB technology. It's everywhere. But of all the brands, Hisense has come away with the best model in my eyes — a 116-inch behemoth in the Hisense RGB Mini-LED 116UXS that not only uses RGB-subpixels but even throws in a new fourth color in the mix (cyan) to display 110% of BT2020's coverage area.

In layman's terms, this is the most colorful TV you've ever seen in your life. The tradeoff is that it's not the slimmest, nor does it have the best anti-glare filter, but the picture is absolutely sublime. If Hisense manages to shrink this display technology and bring it to its award-winning mid-range models, it's game over for the competition. — Nick Pino

Previous reporting on the tech show:

• At CES, A Chinese Two-Legged Vacuum Signals The Next Phase Of Home Robotics

• "Market That Never Existed": Nvidia CEO Sparks Frenzy In Memory Stocks

What intrigued us most is that the rollable display concept is a game-changer for anyone tired of lugging external monitors while traveling

Authored by Naveen Athrappully via The Epoch Times,

A review of non-domiciled commercial driver’s licenses (CDLs) granted in North Carolina found that 54 percent were issued illegally, the Department of Transportation (DOT) said in a statement on Jan. 8.

The review was conducted by the Federal Motor Carrier Safety Administration (FMCSA) and is part of its ongoing nationwide audit of trucking licensing systems, the department said.

DOT warned that if North Carolina does not “fix their serious failures” and revoke licenses issued illegally to foreign nationals, the department will withhold almost $50 million in federal funding.

“North Carolina’s failure to follow the rules isn’t just shameful—it’s dangerous. I’m calling on state leadership to immediately remove these dangerous drivers from our roads and clean up their system,” Transportation Secretary Sean Duffy said.

According to audit findings, North Carolina illegally issued non-domiciled CDLs to drivers whose lawful presence in the United States had expired, and some of those drivers were found to be ineligible to hold a non-domiciled commercial license.

FMCSA sent a letter to North Carolina Department of Transportation Commissioner Paul Tine and Gov. Josh Stein, outlining audit results and the corrective actions that must be taken to prevent funding from being withheld.

The agency asked North Carolina authorities to “immediately” pause the issuance of non-domiciled CDLs, identify unexpired CDLs that fail to comply with FMCSA regulations, and conduct a comprehensive internal audit to identify errors, practices, quality assurance, and other issues that led to such CDLs being granted.

“The level of noncompliance in North Carolina is egregious,” FMCSA Administrator Derek D. Barrs said. “Under Secretary Duffy, we will not hesitate to hold states accountable and protect the American people.”

The Epoch Times reached out to the North Carolina Department of Transportation and Stein’s office for comment, but did not receive a response by publication time.

North Carolina is one of the latest states the DOT has warned regarding the illegal issuance of CDLs to foreign nationals.

Illegal Drivers in California

After a federal audit found that 17,000 trucking licenses were issued illegally in California, the state’s Department of Motor Vehicles issued cancellation letters to these drivers, Duffy said in November 2025.

The move faced opposition, with the Sikh Coalition, which represents around 20,000 immigrant drivers and business owners in California, filing a lawsuit arguing the move would remove thousands of drivers from roads and disrupt supply chains and services.

“This action was taken as a result of pressure from the federal government; unfortunately, the CA-DMV has thus far failed to provide any recourse or means for drivers to correct these issues,” the Coalition said in a Dec. 23, 2025, statement, referring to the California Department of Motor Vehicles.

“By ejecting these drivers from the workforce without allowing for any sort of solution, the CA-DMV is discriminating against them on the basis of their immigration status.”

On Dec. 30, California announced it would have to delay revoking the 17,000 CDLs.

In a Jan. 7 statement, Duffy announced that FMCSA will withhold roughly $160 million from California for failing to cancel those CDLs by the Jan. 5 deadline.

“Our demands were simple: follow the rules, revoke the unlawfully-issued licenses to dangerous foreign drivers, and fix the system so this never happens again,” Duffy said.

“[Gov.] Gavin Newsom has failed to do so—putting the needs of illegal immigrants over the safety of the American people.”

Meanwhile, in December, Duffy threatened to withhold $24 million in funding from Colorado over “slow walking” the purge of illegally issued truck licenses.

Earlier that month, Duffy revealed that an audit had found over 50 percent of non-domiciled DCLs issued in New York were granted illegally. DOT ordered the state to revoke all such licenses and come into compliance, failing which roughly $73 million in federal funding would be withheld.

The left's ability to rapidly stage highly organized 'pop-up' protests in response to just about any political incident is uncanny (remember Robert Creamer? "Wherever Trump and Pence are going to be, we have events, we have a whole team across the country that does that."). Often, organic protests that average Americans have every right to engage in (even if we disagree) are co-opted and amplified by 'organizers,' and blessed by the media, which runs damage control when needed ('mostly peaceful!'). Other times they orchestrate entirely scripted 'astroturf' campaigns to manufacture outrage.

The common denominator always seems to be dark-money NGOs, often funded by foreigners who would relish America's demise so they can rebuild it in their image. Chaos, collapse, control. 

We're witnessing this in real time, as the left's protest-industrial-complex predictably fired up the in multiple blue cities hours after an ICE agent shot a "ICE Watch" activist in Minneapolis. And now we're seeing mobs hunting down federal agents. 

As regular readers know, we've spent much of the past year tracking dark money NGO networks fueling the Democratic Party's pressure campaigns - what we characterize as color revolution-style operations targeting President Trump and the America First agenda. Those constant protests, and even riots, link back to left-wing billionaires and NGO networks in the US, Europe, the Americas, and even China, all seemingly working in unison and hellbent on fomenting chaos on city streets to kill Trump's agenda.

Enter Bessent

Treasury Secretary Scott Bessent sat down with journalist Christopher Rufo this past week. Among the topics discussed were left-wing nonprofits, with Bessent acknowledging that "we are examining" NGO activities and funding structures...

Here's the key snippet from the Rufo-Bessent conversation that is likely to keep dark-money-funded nonprofits up at night:

Christopher Rufo:

There are 501(c)(3) nonprofit groups that [are] funded by left-wing dark money, that are organizing—or at least at arm's length encouraging—criminal activities. Criminal protests. Criminal obstruction of federal officers, including ICE agents. Is the Treasury looking into this? Is it something you have authority to crack down on, and what can we expect?

Scott Bessent:

Yes, yes, and yes. So these groups that are engaging in this—we have the authority, and we are examining them. Because when you see these protesters, someone is financing them. There are safe houses. When you see the 300 people with the same laser that they're using to blind DHS agents in courthouses in Portland, someone bought those lasers.

And again, what we do is follow the money—just like we followed it with the mafia, just like we follow it. We'll find out who's done this.

I announced today that we are going to put in effect a whistleblower program. And my sense is that the rats will turn on each other.

As I believe you reported—or someone talked about in a roundtable—one of the Somali fraudsters tried to bribe a juror with $120,000. What turned out, she'd been given $200,000 to bribe the jurors, and she skimmed. It's like the scorpion—it's in their nature.

EXCLUSIVE: Treasury ?@SecScottBessent? tells me that the Trump Administration will launch investigations into left-wing nonprofits that serve as a front for violent protests and criminal obstruction of ICE operations. It’s time to stop left-wing terrorism in America. pic.twitter.com/roorsk4XLA

— Christopher F. Rufo ?? (@christopherrufo) January 9, 2026

Let's revisit Seamus Bruner, Director of Research at the Government Accountability Institute, who mainstreamed the NGO debate nationwide by briefing President Trump at the Antifa Roundtable last fall.

???Indivisible Project as a Protest Vehicle: Indivisible, the official organizer of the “No Kings” protests, received $14.06 million in contributions in 2023 alone, including from dark money intermediaries like Arabella’s Sixteen Thirty Fund and billionaire donors. pic.twitter.com/gNnphNVUH6

— Seamus Bruner (@seamusbruner) June 13, 2025

"We have identified dozens of radical organizations, not just the decentralized Antifa organizations, but dozens of radical organizations that have received more than $100 million from the Riot Inc investors," Bruner told the president.

Way more than $100M of US taxpayer money

— Elon Musk (@elonmusk) October 8, 2025

Bruner, along with Peter Schweizer, has been following the money for years, with their latest NGO-tracking data showing nonprofits funding protests and riots nationwide.

Bruner commented on Bessent's interview... 

?? Totally agree with @SecScottBessent — “R.A.T.S.” stands for Rockefeller, Arabella, Tides, and Soros (and their ilk). Follow the money!! ?? https://t.co/2TLEdhR5GM

— Seamus Bruner (@seamusbruner) January 10, 2026

Bruner told us, "Treasury's crackdown on radical left NGOs is the direct payoff from Zero Hedge reporting and the October White House roundtable exposing Antifa and the dark money machine behind the protest industrial complex. From Soros's slush funds to the Arabella and Tides radical funding networks, the Trump administration is finally following the billions fueling the chaos and obstruction of 'Riot, Inc.' Time to drain the swamp of these nonprofit nihilists and tax-exempt terror pipelines."

Via Schweizer's reporting... 

Also, Capital Research Center, a think tank tracking foundations, charities, and other nonprofits, recently revealed that George Soros' Open Society Foundations (OSF) empire has funneled over $80 million into groups linked to terrorism or extremist violence.

Hiding beneath the nonprofit world are left-wing activist networks pushing what we describe as an "invisible insurrection."

Now that Bessent is examining these revolutionary networks, the lingering question is whether some of these household-name billionaires' foundations, which have funded riots and protests, will finally be held accountable for underwriting years of chaos on city streets.

The administration should take retired Lt. Gen. Michael Flynn's advice ...

General Flynn Calls For National Address From Trump On Color Revolution Threat https://t.co/5aSdpnc7ZI

— zerohedge (@zerohedge) November 27, 2025

2026 is shaping up to be a volatile year. Protests in Minneapolis are just the appetizer for what the Democratic Party wants to unleash. As we've warned earlier, they are seeking another 'George Floyd'-type riot.

Authored by Brayden Lindrea via CoinTelegraph.com,

Bitcoin could reach $2.9 million by 2050 once it becomes a settlement currency for international and domestic trade and makes its way into more central bank reserves, analysts at asset manager VanEck predict.

The $2.9 million price target assumes a 15% compound annual growth rate and Bitcoin settling 5-10% of global international trade and 5% of domestic trade by 2050, according to VanEck head of digital assets research Matthew Sigel and senior investment analyst Patrick Bush.

Global liquidity expansion and monetary debasement would be the primary drivers of Bitcoin’s price rise, they said in a note on Thursday: “Bitcoin is not a tactical trade in this framework; it functions as a long-duration hedge against adverse monetary regime outcomes.”

“While short-term price action remains a function of global liquidity cycles and leverage, the long-term value accrual will be driven by Bitcoin’s convergence with the structural deficiencies of the sovereign debt system.”

Sigel and Bush estimated that central banks could hold 2.5% of their assets in Bitcoin, while a $2.9 million price would imply that Bitcoin represents 1.66% of the world’s financial assets.

The $2.9 million price point was VanEck’s base case, while a bear scenario sees a 2% CAGR to $130,000 and a bull scenario a 20% CAGR to $52.4 million.

Key assumptions for Bitcoin in base, bear, and bull scenarios for 2050. Source: VanEck

Bitcoin is already being used in global trade, particularly in sanctioned countries like Venezuela, Iran and Russia, but has seen little adoption among G7 countries.

Bitcoin would surpass some of today’s major currencies

Data from SWIFT, the largest international payments network, shows the US dollar accounted for 47.8% of international trade as of September 2025, followed by the euro and British pound at 22.8% and 7.4%, respectively.

The Japanese yen and Chinese yuan round out the top five at 3.7% and 3.2%.

Share of SWIFT international trade settlement in fiat currencies as of September 2025. Source: SWIFT

If Bitcoin were to claim a 5-10% share under VanEck’s model, it would be about as widely used as the British pound is today for international trade settlement.

The 15% CAGR that VanEck assumes is a fall from the 25% CAGR VanEck used in December 2024, when it estimated that a US Bitcoin reserve of 1 million coins could reduce America’s debt by 35% by 2049.

White House Spokeswoman Karoline Leavitt amplified claims about American special forces super-soliders deployed advanced weaponry during the extraction phase of former Venezuelan leader Nicolás Maduro.

Leavitt reposted an alleged account from a Venezuelan security guard at Maduro's compound describing what happened when Delta Force operators descended from helicopters in pitch-black conditions. This account was originally posted on X by California-based political activist Mike Netter, who is seeking to recall left-wing Governor Gavin Newsom.

"On the day of the operation, we didn't hear anything coming. We were on guard, but suddenly all our radar systems shut down without any explanation. The next thing we saw were drones, a lot of drones, flying over our positions. We didn't know how to react," the security guard on Maduro's compound said. This account was considered credible enough for Leavitt to repost.

Here's the full account from the security guard that reads Venezuelan forces were unable to comprehend the modern battlefield, where drones, sonic weapons, and we're sure insane helmet-mounted optics with AI, just made an unlevel playing field, in which the guard said, "Yes, but it was a massacre. We were hundreds, but we had no chance. They were shooting with such precision and speed... it seemed like each soldier was firing 300 rounds per minute. We couldn't do anything."

Full account:

This account from a Venezuelan security guard loyal to Nicolás Maduro is absolutely chilling—and it explains a lot about why the tone across Latin America suddenly changed.

Security Guard: On the day of the operation, we didn't hear anything coming. We were on guard, but suddenly all our radar systems shut down without any explanation. The next thing we saw were drones, a lot of drones, flying over our positions. We didn't know how to react.

Interviewer: So what happened next? How was the main attack?

Security Guard: After those drones appeared, some helicopters arrived, but there were very few. I think barely eight helicopters. From those helicopters, soldiers came down, but a very small number. Maybe twenty men. But those men were technologically very advanced. They didn't look like anything we've fought against before.

Interviewer: And then the battle began?

Security Guard: Yes, but it was a massacre. We were hundreds, but we had no chance. They were shooting with such precision and speed... it seemed like each soldier was firing 300 rounds per minute. We couldn't do anything.

Interviewer: And your own weapons? Didn't they help?

Security Guard: No help at all. Because it wasn't just the weapons. At one point, they launched something—I don't know how to describe it... it was like a very intense sound wave. Suddenly I felt like my head was exploding from the inside. We all started bleeding from the nose. Some were vomiting blood. We fell to the ground, unable to move.

Interviewer: And your comrades? Did they manage to resist?

Security Guard: No, not at all. Those twenty men, without a single casualty, killed hundreds of us. We had no way to compete with their technology, with their weapons. I swear, I've never seen anything like it. We couldn't even stand up after that sonic weapon or whatever it was.

Interviewer: So do you think the rest of the region should think twice before confronting the Americans?

Security Guard: Without a doubt. I'm sending a warning to anyone who thinks they can fight the United States. They have no idea what they're capable of. After what I saw, I never want to be on the other side of that again. They're not to be messed with.

Interviewer: And now that Trump has said Mexico is on the list, do you think the situation will change in Latin America?

Security Guard: Definitely. Everyone is already talking about this. No one wants to go through what we went through. Now everyone thinks twice. What happened here is going to change a lot of things, not just in Venezuela but throughout the region.

??This account from a Venezuelan security guard loyal to Nicolás Maduro is absolutely chilling—and it explains a lot about why the tone across Latin America suddenly changed.

Security Guard: On the day of the operation, we didn't hear anything coming. We were on guard, but… pic.twitter.com/392mQuakYV

— Mike Netter (@nettermike) January 10, 2026

According to a New York Times report that offered more color on "Operation Absolute Resolve," not a single Delta Force operator was killed in action. However, the report did note that "One of the helicopters was hit. Two U.S. officials said that about half a dozen soldiers were injured in the overall operation."

One can only suspect that Delta Force operators might have used Anduril's EagleEye ...

See before you're seen.

EagleEye enhances the warfighter’s perception by overlaying digital information onto the real world, delivering vital real-time insights. pic.twitter.com/Yl0tmlhHzd

— Anduril Industries (@anduriltech) October 13, 2025

There is no way to independently verify Netter's X post, and it reads like narrative warfare, amplified by the White House, seemingly designed to intimidate Latin American governments under socialist regimes.

The removal of Maduro fits squarely within President Trump's hemispheric defense strategy, the so-called "Donroe Doctrine," aimed at reasserting U.S. dominance across the Western Hemisphere and pushing out Chinese, Russian, and socialist influence.

At a deeper level, Donroe Doctrine appears to go beyond Venezuela, signaling an effort to bind Western Hemisphere economies into a tightly aligned bloc that begins to resemble a superstate. That may well be the long-term project for a future Vance administration.