S2 Underground

The Wire - February 26, 2025


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//The Wire//2300Z February 26, 2025//
//ROUTINE//
//BLUF: UKRAINE MINERAL DEAL PROGRESSES WITH THE UNITED STATES. WHITE HOUSE ANNOUNCES NEW FINANCIALLY-BASED PATH TO CITIZENSHIP.//

 -----BEGIN TEARLINE-----

-International Events-

Europe: Talks between the United States and Ukraine have continued with regards to a trade deal involving rare earth minerals. This deal, which has been the source of controversy, will enable the export of Ukrainian minerals in exchange for continued American aid. AC: So far, nothing has been signed, however both Kiev and Washington have signaled that terms have been agreed upon. At the moment, it's not certain how much this mineral deal will actually come to fruition; most of the mineral wealth of Ukraine currently is located either in active combat zones or in areas that have long been under Russian control.

Chile: This morning a transformer outage resulted in a nearly-nationwide electrical blackout. This outage affected not only residential areas, but large commercial centers and mining operations.

-HomeFront-

Washington D.C. - President Trump announced a new financial-based greencard program yesterday. This new "Gold Card" program will allow foreign nationals to purchase legal American residency (and an expedited path to citizenship) for a one-time lump-sum payment of $5 million. This program is reported to replace the EB-5 visa program.

-----END TEARLINE-----

Analyst Comments: Trump's Gold Card program (as announced) has been perceived as highly controversial as it echoes the recent sentiments which resulted in the quiet dismissal of would-be DOGE co-director Vivek Ramaswamy (who, despite the recent scandal, is now running for Governor of Ohio). Ramaswamy's continual comments on social media equating the American experience as one of interchangeable economic units was perceived by many as being purely extractive and exploitive in nature, resulting in his quiet departure from federal government. For clarity, this "Gold Card" program has existed before in the form of various levels of investment visas/greencards. However, the White House floating the idea of revamping and streamlining the program to allow foreign nationals to purchase citizenship is being perceived to be just as exploitive of the American people as Vivek's prior comments which got him in trouble. Many citizens do not believe that America is Dubai, (a place which only exists to serve foreign investment opportunities), but these recent policy decisions don't do very much to dissuade that line of thinking.

At a certain point (and regardless of political beliefs), a series of words and actions is no longer a mistake or improper phrasing...it is a policy decision that reignites the questions of what it means to be American in the first place. This is very likely to be the reason that Ramaswamy's comments could not be "clarified" into being something more palatable...once the American population knows what a person's core values are, it's hard to walk-back those comments. Consequently, this "gold card" announcement has also reignited the prior discrepancies between Trump's supporter base, and his personal doctrine regarding issues that his own supporter base perceives as being a weak point, such as legal immigration. As such, it's possible that previously-dismissed (and seemingly minor) issues with Trump's proposed policies during the campaign really aren't minor nit-picking differences of opinion, but rather deep-seated differences of core values that will have to be acknowledged at some point. How much these details matter will be up for personal interpretation, but right now the general sentiment expressed in the global west is that giving a person an American passport does not magically make them compatible with American culture or heritage. Whether that is true or not will be debated for years to come. However, in the meantime, streamlining t

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