AI re-routes – Another dip into the taxes trough by the usual suspects
Thu 10:40 am +00:00, 7 May 2026
Source: https://mileswmathis.com/phoenscam.pdf
After losing $2 trillion in market cap in AI firms and scaling the data centers back by at least 75%, the
Phoenician Navy had to find another way to charge you for all this mist and forestall their imminent
collapse, so in recent days we have found a lot of articles talking about these companies like OpenAI,
Oracle, and others joining the defense department as contractors, feeding from the treasury through the
defense budget. They have already been doing that for years, but it just got much bigger. Oracle
appears to be the new leader in this, so it is curious this news came out just weeks after Oracle lost
billions and fired thousands. I guess that is why Trump is wanting to increase the DoD by 50% to $1.5
trillion per year. It isn’t the computers that are so hungry, it is these thieves, always hungry for the next
con.
Then today came the news that Anthropic, a nearly imaginary company, is joining Goldman Sachs,
Blackstone, and other big Wall Street firms to feed on you that way. Doesn’t that make you feel toasty?
These companies already have their snorkels deep in the treasury via the banks and the Federal
Reserve, and Trump will no doubt find some way to increase that air supply as well, through some
LIBOR-like scams. If you stop the theft in one direction, they just take a more direct route.
I mentioned to a friend that it looked like this AI scam was already a success, despite the reported
collapse of data centers. As we have seen before, these gambits don’t even need to come to fruition,
and are often more profitable in failure. They make huge returns on the upside and downside even
when, or especially when, they completely fail to produce a product. These huge AI firms have already
siphoned billions from the treasury in subsidies and fake “partnerships” with the government: I remind
you of Trump’s appearance with Larry Ellison on day two of his term, announcing billions in funding.
Funding from where? From you, of course. From the usual raid on the US treasury. And when this all
inevitably goes in the crapper, the same thing will happen again, but this time it will be called a bailout
instead of a partnership. These companies will be called “too big to fail” and will be given a second
huge dip in the treasury to keep them solvent. Everyone involved will be given the usual raises and
bonuses and golden parachutes for their failures, retiring to their private islands or maybe faking their
deaths. Same thing we see every decade or two now. They have been at it since the time of Lincoln
(and before) with these schemes, the only difference being that they get more brazen each time.
