Kleptocracy Korner: June 5, 2026

Cucks on Parade

This extremely long and scarily astute article in Liberal Currents explains the hidden obsession that unifies the reactionary right’s fear-mongering about declining birth rates, illegal immigration, The Great Replacement, the emasculation of men, the feminization of boys, and the risk that every male imbued with more than an ounce of melanin is going to despoil dozens of innocent White women with his gigantic dong: Interracial Cuckold Porn. As insane as that sentence was to write, the author’s analysis is spot-on, and tracks with a number of observations I’ve made over the years about the myriad psychoses afflicting insecure White dudes. An essential, if absurd, read.

I Alone Can’t Fix It

POTUS-45/47’s promise to revitalize America’s industrial and manufacturing basehas—shockingly—amounted to fuck all.

Partying Like It’s 1873

In this fascinating interview with Fortune, Pulitzer Prize-winning author Liaquat Ahamed explains how today’s irrational AI exuberance and soaring national debts share eerie parallels with the long forgotten economic depression of 1873. Back then, when men were men, Robber Barons in America were building railroads to nowhere—akin to constructing data centers that become obsolete every few years—while the German government, fresh off its beatdown of France in 1871, had decided to ratchet up the financial pressure by intentionally cratering the silver market—analogous to the risk of China dumping U.S. treasuries to crater the American economy. Things didn’t work out too well in 1873—and they’re not looking so good in 2026 either.

Hunting for Guppies

The Department of Justice indicted an engineer at Google for using confidential information to place a series of illicit bets on Polymarket. Elsewhere, the Commodities Future Trading Commission launched an investigation into George Santos for rigging a Kalshi bet he’d placed on himself. By acting swiftly against these rogue individuals, the Feds stressed their commitment to maintaining the integrity of America’s financial markets made it crystal-fucking-clear they weren’t gonna let a bunch of guppies ruin this grift for the whales.

Frightful Financing

Talk to any investment banker, big time CEO, or business school professor and they’ll tell you the same thing: A company’s equity capital should be treated like the most precious of all commodities. Ergo, when a company—especially a mega corporation that generates obscene amounts of cash flow—needs to raise additional funds to finance its operations, issuing new shares of stock should be considered the last resort. Unless, that is, the company’s insiders know their stock price resides in fantasyland and are cashing in before the crash. Food for thought since Google—whose stock price has risen more than 200% over the past five years—just raised $85 billion in the largest equity issuance in human history.