Democratic Socialists Are on the Rise. We’ve Seen This Movie Before.

Democratic Socialists Are on the Rise. We’ve Seen This Movie Before.

Thomas L. Friedman
Trump Is Fleecing Us
July 7, 2026
Opinion
Columnist
When the sun came shining,
and I was strolling
And the wheat fields waving, and the
dust clouds rolling
As the fog was lifting a voice was
chanting:
This land was made for you and me.
— Woody Guthrie, “This Land Is Your
Land”
Our country is built on
written documents — the Declaration of Independence, the Constitution and the
Bill of Rights, to name the most important. So to celebrate America’s 250th
birthday, my wife, Ann, hosted a special event at Planet Word, the immersive
language museum she founded in Washington to promote literacy. The singer-composer Nolan Williams Jr.
led a singalong featuring classic American songs, including, of course, Woody
Guthrie’s “This Land Is Your Land.”
Despite 100-degree heat,
a remarkably diverse crowd of 300 people packed the museum’s main hall, and
young and old sang together with gusto. There was so much joy and camaraderie
in the room — and so many leaving attendees saying to one another how much they
wished the entire country could reflect that same harmony every day. So many
people asked afterward, “Why aren’t we singing these songs together on the
National Mall?”
Which leads — I am sorry
to say — to a quite different variation on “This Land Is Your Land” heard on
the National Mall later that evening. In my mind, it was the Trump variation,
with lyrics that went, “This land is my land, this land is my land / From California
to the New York island / From my cryptocurrency to the Qatari 747 / This land
belongs to me and mine.”
One thing about President Trump: He is
consistent. He never surprises you on the upside. He has never been remotely
interested in being the president of all the people, only his base. He never
tries to win by addition, only by division — only by us versus them.
As my newsroom colleague
Shawn McCreesh reported from the mall: “Mr. Trump used the
nation’s birthday to scaremonger about Democrats four months before the
midterms (he talked a lot again about ‘communism’) and demand that Congress
pass an act that would make it harder to vote.” Shawn
continued, “What was meant to be the centerpiece of the nation’s 250th
anniversary celebration was in some ways just another Trump rally.”
This very same Fourth of
July, two other newsroom colleagues of mine, Eric Lipton and David
Yaffe-Bellany, reported that nearly “1 million people who bought
President Trump’s memecoin have lost money through the end of June, according
to a report by the cryptocurrency analytics firm Nansen. Their losses total
$3.81 billion.” My colleagues pointed out that the calculation came after
Trump signed a financial disclosure revealing that the
same crypto bet dealt him a $636 million payout. In all, his business ventures
brought him at least $2.2 billion in 2025.
This is a big story, and
my gut tells me that Trump also smells that this could be a big story: of how
badly he fleeced his own supporters!
Since the start of
Trump’s second term, it’s been widely reported that he has been exploiting the
presidency for financial gain, but the story needed a real number and real
victims. Now it has both — $2.2 billion in total gains for Trump and at least
$3.81 billion in losses for his investors. That’s a bumper sticker. Trump
famously boasted that he could shoot someone in the middle of Fifth Avenue and
his supporters would still be with him. Will they also stick with him when he
fleeces them?
And, have no doubt, he was targeting
them, as The Times also reported: “Three days before his inauguration, Mr.
Trump unveiled a second Trump-branded investment — the $Trump memecoin, a type
of novelty currency with little practical value. ‘It’s time to celebrate
everything we stand for: WINNING!’ Mr. Trump wrote on social media. ‘Join my very special Trump
community. GET YOUR $TRUMP NOW!’ But that turned out to be bad advice.”
Trump is surely
terrified that the Democrats will win the House or the Senate or both and
launch investigations into how much he has used his office, and exploited his
own supporters, for grotesque personal gain.
Therefore, to my mind,
the right themes for Democrats going into the midterms are two: If they win,
they will expose how much Trump has been ripping off his own supporters; and if
they win they will make bringing the country together a priority.
I believe the quest for
national unity is the most underestimated political force in the country today.
It is not an accident that CNN reported last
month that “nearly half of Americans say they don’t consider themselves a part
of either major political party, the highest level of partisan independence
measured by CNN polling in more than a decade.”
I am sure that is true
because I heard the best political analyst I know make the same point. His name
is Barack Obama. Which brings me to a third variation of “This Land Is Your
Land.” It was Obama’s speech at the
opening ceremony of his presidential center in Chicago, which I attended. My
favorite passage from Obama was this:
As algorithms keep feeding us a steady
stream of distraction and outrage, as only the loudest, most extreme voices get
attention, fanning our prejudices, appealing to our basest, most tribal
instincts, it’s tempting to give in to cynicism and even despair, to stop
trying. We start thinking that appeals to democracy and civic participation are
corny and old-fashioned and boring and naïve, that the very idea of working on
behalf of the common good is a sucker’s bet, and that in order for us to win,
somebody else has got to lose. I get it. I am not immune to anger or doubt, but
I do know this: When we lose faith in each other, when we stop believing that
voting matters, that citizenship matters, that our collective voices matter,
that how we treat each other no longer matters, and we give away our power to
decide our own futures, we open the door to the most ruthless, or the most
careless, or the most fearful among us, who see some groups and some people as
more equal than others, and see government as nothing more than a way to divvy
up the spoils and punish enemies and keep those who are different in their
place.
The fact is, though,
Obama continued, “I do not believe that is the story of America that prevails
in the end. … I remain convinced that the overwhelming majority of Americans …
aren’t looking for perpetual anger and division. They are looking for fairness
and common sense and mutual respect, that deep in our gut we want to find a way
to turn toward each other again, not further away.”
So, Democrats, you have
your assignment. It’s to not let Trump bait you into blind rage and extreme
ideas. He feeds off that. Just focus on how much he has been fleecing all of us
while tearing us apart. And how much Democrats intend to pull the whole country
together.
’Cause this land was
made for you and me.
Keeper Security surpasses $225M in ARR with transformative growth and is emerging as the market standard for AI-native identity security
Compelling path to $1billion ARR and public offering, fueled by product market fit in the agentic AI age, explosion of identities and related threats, and accelerating growth
LONDON, July 9, 2026 /PRNewswire/ -- Keeper Security ("Keeper" or "we"), the identity security platform for humans, machines and AI agents, today announced a major milestone in its journey to become the market standard for AI-native identity security, having reached $225 million in Annual Recurring Revenue (ARR). Since 2021, Keeper's ARR has grown over 3x.
Keeper protects over 95,000 organizations, which includes many Fortune 500 enterprises and public sector agencies. The company is quickly emerging as the market standard for AI-native identity security for enterprises globally with its leading zero-trust and zero-knowledge identity security platform. In 2025, leading analyst firm Gartner recognized Keeper as the second-fastest-growing security software competitor globally, second only to Google.* This recognition underscores Keeper's rapid market expansion in addressing identity security challenges created by cloud transformation and artificial intelligence adoption across enterprise infrastructure and endpoints.
This market-leading growth is driven by the explosion of identities in the agentic AI age and relentless focus on innovation to protect customers, as evidenced by the release of its unified privileged access management and identity security platform, KeeperPAM®, which protects both human and Non-Human Identities (NHIs), including service accounts, machine identities, databases, AI agents and agentic workloads. Since the launch of KeeperPAM in February 2025, KeeperPAM revenue has exhibited 10x year-over-year growth and Keeper has seen industry-leading new customer growth, adding an average of 850 new organizations every month. In the last fifteen months, Keeper added over 400 innovative features and products to KeeperPAM.
"Identity is the new security perimeter," said Darren Guccione, CEO and Co-founder of Keeper Security. "As enterprises increasingly deploy AI agents and autonomous systems, the number of privileged identities and machine credentials is growing exponentially. Organizations need a modern, unified platform that secures every identity – human and non-human – and governs every privileged interaction. Our growth reflects the market's demand for a platform purpose-built to address these challenges."
Keeper's cloud-native cybersecurity platform delivers a comprehensive approach to identity security and privileged access management by unifying enterprise password management, secrets management, privileged session management, database management and endpoint privilege management in a single platform. Keeper's AI-native identity security strategy seamlessly extends these capabilities to non-human identities and agentic AI environments, enabling organizations to discover, manage and secure machine credentials and autonomous workloads with the same rigor applied to human users.
As enterprises adopt AI technologies at scale, the proliferation of non-human identities is rapidly outpacing that of human identities by 150:1, according to reports, thereby creating new attack surfaces and operational complexity. Keeper's platform helps organizations establish identity-first security strategies that provide security, visibility, governance and least-privilege controls across their entire identity ecosystem.
"Autonomous agents, frontier LLMs and machine-to-machine workflows are operating inside enterprise environments right now – without adequate governance, secrets management or access controls," said Craig Lurey, CTO and Co-founder of Keeper Security. "Keeper is purpose-built to solve this problem at scale."
The company's continued growth and market recognition reinforce its position as one of the cybersecurity industry's most innovative and fastest-growing providers of AI-native identity security and privileged access management solutions. Keeper's financial profile combines best-in-class growth, profitability and a debt-free capital structure and is an asset positioned to efficiently lead identity security in the agentic AI age.
"Surpassing $225 million in ARR confirms what we've heard in every enterprise conversation – that securing non-human identities is the defining security challenge of the AI era," said Darren Guccione, CEO of Keeper Security. "We have established an accelerated path to $1 billion in ARR which, coupled with our technology roadmap, will provide optionality for a public offering."
Source Citation:
Gartner, Market Share Analysis: Security Software, Worldwide, 2025, Rahul Yadav, Deepali, 11 May 2026
Gartner is a trademark of Gartner, Inc. and/or its affiliates.
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Business and Technology Insights Organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Keeper Security
Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper's privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit KeeperSecurity.com.
Image - https://mma.prnewswire.com/media/3005057/Keeper_Security.jpg
SOURCE Keeper Security
The Brutal Truth About Second-Class Service: Customers Are Done Waiting in the ‘Right Now’ Economy. Consumers are accustomed to having virtually everything available at the touch of a button. If you’re not willing to meet their requirements, they’ll find someone else who will.

Ten years ago, the vice president wrote that one day, voters would realize the truth about Donald Trump. That day has now arrived.
Ten years ago today, in the middle of the presidential campaign, an essay in The Atlantic set out to explain the appeal of Donald Trump. Its author traced that appeal to the social decline and cultural trauma he had known firsthand, in an impoverished childhood.
The author, J. D. Vance, had only days earlier published Hillbilly Elegy, which went on to sell roughly 3 million copies and made him, almost overnight, the country’s designated interpreter of working-class grievances. And he was quite good at it.
In the July 4, 2016, essay, Vance described the places from which the pain came—factories that downsized or ceased to exist, along with the jobs they had provided; the aesthetic decline in once beautiful and vibrant towns; families that were shattering or never forming in the first place; and anger and frustration with a government that had broken the trust with the people it was meant to serve. “During this election season,” Vance wrote, “it appears that many Americans have reached for a new pain reliever.” His name was Donald Trump.
In the midst of a social crisis, Vance observed, Trump offered “an easy escape from the pain. To every complex problem, he promises a simple solution.” But, he argued, such promises were a cheap high. “He never offers details for how these plans will work, because he can’t. Trump’s promises are the needle in America’s collective vein.”
“Trump is cultural heroin,” Vance wrote. “He makes some feel better for a bit. But he cannot fix what ails them, and one day they’ll realize it.”
“One day” is today.
The trump presidency, while still quite dangerous, is also collapsing, cracking under the weight of its own choices. The main driver is the economy, which he sold as his strong point. We’re seeing tariff-driven price increases, gas prices that spiked from less than $3 to more than $4 a gallon during a 100-day war against Iran that America lost, wages failing to keep pace with the cost of living, and inflation ticking back up. Manufacturing jobs, which Trump promised to bring roaring back, are still being lost. Health care has gotten much more expensive on his watch, and millions have lost coverage.At the top of the nation’s health agencies sits Robert F. Kennedy Jr., who in a single year moved to cut the list of recommended childhood vaccines nearly in half, fired the government’s vaccine advisers and replaced them with skeptics, and presided over the worst measles outbreak in 30 years. The National Institutes of Health, the crown jewel of American biomedical science, has seen billions in research cut, clinical trials canceled, and labs closed, resulting in a “brain drain” that rival nations are racing to exploit. And the dismantling of USAID, along with the gutting of PEPFAR—the President’s Emergency Plan for AIDS Relief, the bipartisan AIDS-relief program credited with saving more than 25 million lives—has, by credible estimates, already cost the lives of hundreds of thousands, most of them children, with projections of as many as 14 million more by 2030 if the cuts hold.
Americans are deeply divided and intensely polarized, with pessimism at or near a multidecade high. Faith in nearly every major institution—government, the press, universities, religious leaders—sits at or near the bottom of the modern record.
It’s no surprise, then, that Trump’s approval rating is anemic. (In one recent poll, it’s down to 30 percent.) His remaining support is soft, while the unhappiness with him is intense. Republican members of Congress are beginning to break with him. His MAGA base is fracturing. Former stalwart supporters, such as Tucker Carlson, are openly mocking the president. (“Shut up, bitch! I don’t take you seriously,” Carlson said 10 days ago.) Trump looks weak and lost, a husk of a man still performing the same routine to a crowd that is drifting toward the exits. The country is finally waking to the comedown Vance predicted.
This is the context in which Americans are celebrating the nation’s 250th birthday. It’s not simply that things are going badly; it’s that their view of the United States is darkening. Pride in being an American has hit a new low. Nearly 80 percent of Americans believethe Founders would be disappointed with how the country has turned out.
Some of that sentiment reflects the fact that the president and those around him subvert the rule of law, decency, and democratic restraints. Many Americans believe the country is, in its current incarnation, betraying its ideals. They feel at odds with the nation they love.
And this is true as well: Among more and more Americans there is a sickening recognition of what the United States, during the Trump era, has become. They see it as a pitiable farce, a verdict that is hard to dispute when a nation has twice elected a carnival barker as its leader. For a historically proud people, that is an indignity and a humiliation. We are in the bread-and-circuses phase of the American story, the point at which a great republic, having lost its sense of purpose, makes do with spectacle.
Which brings me back to J. D. Vance. Ten summers ago he understood, better than most, the threat Trump posed to America. Vance, who described himself as a “Never Trump guy,” thought Trump was an “idiot.” He admitted to a friend at the time that he goes “back and forth between thinking Trump is a cynical asshole like Nixon who wouldn’t be that bad (and might even prove useful) or that he’s America’s Hitler.” But then ambition made its offer, and Vance, who had seen the danger so clearly, discovered he could see his way around it. The first stop was the Senate; the next was the vice presidency.
Along the way, the Vance of Hillbilly Elegy—a teller of hard truths, a morally serious person committed to honesty even when it cost him, beholden to no one—became a cynic, a partner in a cruel enterprise, a peddler of lies he is surely clever enough to recognize as such, a man whose only fixed commitment is to his own rise to power.
In his memoir, Vance wrote, “Nothing compares to the fear that you’re becoming the monster in your closet.” It’s a poignant line, referring to a man raised amid the addiction and volatility he feared he might inherit. The monster Vance feared was a private one; the monster he became is a public one. His legacy turns out to be a much more destructive than the one he was afraid of inheriting.
america will outlast trump and vance; the issue is whether they will be seen as a parenthesis the country closes or the opening of a different, dark chapter.
Abraham Lincoln, in his 1838 address to the Young Men’s Lyceum on the subject of the perpetuation of our political institutions, warned, “As a nation of freemen, we must live through all time, or die by suicide.” What Lincoln meant is that the threat America faced was not external conquest; it was internal decay. If destruction is to be our lot, we must ourselves be its author and finisher.
Lincoln was responding to a wave of mob violence in the 1830s, including lynchings such as the murder of the abolitionist newspaper editor Elijah Lovejoy. The “props” that once supported a “political edifice of liberty and equal rights” were “decayed, and crumbled away.” Out of such decay might rise a demagogue, a future tyrant, feeding on what the Lincoln scholar Diana Schaub called “politically degenerative passions.”
The remedy, according to Lincoln, was a “political religion” based on reverence for the law and fidelity to America’s constitutional process. Lincoln was in turn relying on the wisdom of George Washington, and particularly Washington’s farewell address. America’s two greatest presidents shared an intense conviction: that a republic depends on some measure of virtue in its citizens and some measure of integrity in its leaders. Without them, the temple of liberty will fall.
The past decade in America has been a lost decade. Far too many Americans have cheered on the men tearing at the temple. But Americans can now see, later than they should have, the cost of the damage. It is within our power to make it whole. What remains is to find the will. There is a name for those who do: renewers of ruined cities, repairers of the breach, restorers of streets in which to dwell.