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erronis

(25,202 posts)
Fri Jul 10, 2026, 12:34 PM Yesterday

The Privatization of Sovereignty: One Email in the Epstein Files Shows How the Government's Functions Went Up for Sale

https://kaitjustice.substack.com/p/the-privatization-of-sovereignty-epstein-story
Kait Justice

From Russian state assets to Saudi access and Trump's stablecoin bank, the same question keeps coming back: what happens when sovereignty stops being a public trust and becomes a private product?

A typically thorough and long report on what Kait has found while digging further into Epstein's role in providing state-level functions outside of any national regulation.

She breaks it down into these functions:
- Money
- Access
- Intelligence
- Protection


A short excerpt from near the end:
What outlived the man

The money, the companies, and the relationships keep running, this system is not one Epstein likely invented.

Right now, our emergency response for a large portion of the United States is run through Carbyne. Epstein seeded it through Southern Trust and Ehud Barak chaired it, and it now processes the 911 calls of American cities. The call you make on the worst day of your life travels through a company built with this network's hidden money. The forty million dollars Epstein put into Peter Thiel's Valar Ventures ended up in the same place, because Thiel's fund turned around and invested in Carbyne too.

The sovereign placement seems to be happening through Affinity Partners. Jared Kushner took two billion dollars from the Saudi sovereign wealth fund over the written objection of the fund's own screening panel, which rated his firm "unsatisfactory in all aspects," and the fees have run as high as $157 million. It is Epstein's deal almost exactly, sovereign wealth paired with a politically connected American at a price far above what the market would charge, running now in broad daylight.

That brings us back to the money function itself. The Trump family has taken up the cause of the actual issuing of money, through World Liberty Financial and USD1. The family stablecoin has already generated roughly $800 million for the Trump family as noted in the president's own June disclosure, and it is now asking the OCC for a federal bank charter with its ownership chart sealed as Confidential Exhibit A. Issuing money is the oldest sovereign function there is, older than any of the others. Here a private family is doing it, and reporting seems to indicate the Comptroller's approval was only days away, the owners still hidden behind the seal.

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