20. March 2026
The Duke of Moral Hazard Making U.S.A. the Hotspot for International Trafficking
I'd said in a previous post a main reason for not voting for Ricketts is he was NOT a leader. As it turns out, he HAS exercised leadership -- in both luring industrial-strength human traffickers to the U.S.A. and freeing them up from both exposure and probability of getting caught. Carnage a la carte.
How could it be, a guy with kids of his own and such a devout religious adherent that he opposes all Americans using all forms of birth control and that all life is so sacred that rape victims shouldn't have any choice about whether or not to bear their rapist's consequence?
The Demonic Methods
As we shared in the last post, Ricketts was on fire about his big 2025 accomplishment, making sure Crypto-currency and Payday loan operations wouldn't need to document or audit transactions the way their competitors for customer investments like banks or brokerages do. And he trumpeted his efforts to "restrain the IRS from going after cryptocurrency companies," a fraud-ridden industry with a rasher of special tax preferences.
Beyond the fact there are so many frauds (that are so ginormous they even make the news), Crypto-currency is one of THE key tools of human traffickers and drug traffickers. The transactions are hard to document and audit by their nature, which is already useful like the offshore accounts foreign billionaires use to hide their U.S.A. profits from U.S.A. taxation. But most of the transactions that build those fortunes are harvested in mostly legal ways.
Trafficking, still outlawed (on the books anyway) requires harder to trace methods to hide the crimes: money laundering, fast and easy transport, people are saying.

Visualize this business case: Jeffrey Epstein bringing a pair of Wall Street clients like Larry Summers and Howard Lutnik a six-pack of underage kids for whatever and taking $750,000 on delivery at Zorro Ranch. Not a check or money order. That's a big enough amount to raise a bank's auditor flag. So cash then, but bills that are easier to launder, say Grants. Messy. Certainly do-able for these predators, but not convenient, and what's the point of being rich if you get inconvenienced like regular Americans who do actual work for a living?
The Duke of Moral Hazard's Free Market Invite
Ricketts had the M.B.A.'s answer for that, as you've already seen. Keep the money-laundering invisible and not auditable by consumer protection functions and the IRS, which have been underpowered but still the U.S.A.'s strongest line of defense against these adzholes' operations. How does that work?
The Demonic Invite -- Traffick HERE Boys, It's Easiest
Unless you're a Communist, you already know that money and opportunities to make it are what makes industries thrive. The business will go where operators make the most money for the least effort. Ricketts and his henchtheys reduced the required effort in U.S.A. while the European Union & Red China have been clamping down on the human trafficking industry.
The Three Big Customers: Red China, U.S.A. and Europe
Recently implemented by the Europeans, their "MiCA" regulations treat crypto companies like banks. Government licenses exchanges and brokers, verify customer identities, they track transfers, and meet establish consumer-protection rules. In Europe, users give up anonymity in return for "transparency" and protection. For the Crypto operations and boiler rooms, it’s harder to operate casually. For fraudsters, it’s harder to hide.

Red China is tougher. The Commies execute convicted traffickers and fraudsters. and for the ones they don't kill, the sentences are long.
In U.S.A., already with less human-trafficking regulation, the current crop of elected officials pruned back even more possible detection to support traffickers' super-charging their business here. We don't execute billionaire pedophiles and money launderers -- our leaders pardon them.
Ricketts, with his M.B.A. from an elite college, connected the dots. He made use of his education to reshape the market -- steering trafficking business to adjust their operations towards U.S.A. victims and sales opportunities.
If you were a trafficker, where would you rather be in business? In Communist China where the party is committed to mass executions, in Europe where everything has to be documented, or in U.S.A. where your transactions are barely subject to regulations or auditing?
Thanks to Ricketts, it's an easy answer for them.
