Trump II could add, "he may not be ethical" or "he may be a criminal, like me." Paxton was charged with securities fraud in 2015 but reached a settlement in 2024 where he performed community service and paid restitution to his victims.
That was not Ken's only brush with financial crime. Texas Attorney General Paxton was turned in by his staff for accepting money (checks) and home renovation services from Nate Paul, an Austin private equity underwriter (PEU).
Last night Trump offered a bounty of $5,000 per adult for electing Ken and other Red Team Congressional candidates such that they retain their majorities in each chamber. That alone sounds unethical and possibly worthy of criminal charges.
His performance based "dividend" would need to be financed and add over $1 trillion to the national debt. That echoes private equity's "liquidity recaps," where an affiliate takes out even more debt in order to pay a huge chunk to the sponsor as a special dividend/distribution.
Trump II and Ken Paxton are the Joe McCarthy (crazed politician) and Roy Cohn (dirty lawyer) of our time. However, the White House is full of similar, unsavory characters.
Corey Lewandowski allegedly approached officials from two Middle Eastern countries seeking work “on the side” while serving as a special government employee — and effective “shadow secretary” of the Department of Homeland Security under Kristi Noem, with massive influence over contracts worth billions, according to a bombshell report in The Wall Street Journal.
Red Team, Red Ink, Red Line, Red Notice....
Sorry PEU boys and your sponsored politicians, my vote is not for sale.
(This is cross posted on PEUReport due to its private equity underwriter connections)
