by Dr. Mark Skousen  Pre-IPO shares get carved up by hedge funds, Goldman partners, and the banks underwriting the deal. They buy in cheap. They wait. And by the time the stock opens to the public — at a price they helped set — they’re already deep in the green. It happens almost every single time. The Facebook IPO. Uber. Airbnb. It’s always the same script. But I refuse to let that happen with SpaceX… I’m 77 years old. And after meeting Elon Musk face to face at a private gathering of the financial elite, I made a decision. I was going to find a way around it. So I did. I uncovered a “backdoor” that lets regular Americans take a pre-IPO position in SpaceX. Right now. Before Wall Street pops the champagne. Before the easy money walks out the door. Nearly 15,000 of my readers have already learned how to us it. Click here to see how the backdoor works. I’ve opened the door to a pre-IPO stake in SpaceX. P.S. 95% of the gains in any major IPO are gone before retail investors can even place a trade. SpaceX won’t be different — unless you act before June. Click here for the full story.  (Note: Thank you for supporting businesses like the one presenting a sponsored message in this article and ordering through the included links, which benefits WLTReport. We appreciate your support!  MAKE AMERICA GREAT AGAIN!)

The mayor of Arcadia, California, just resigned from office after federal prosecutors announced she has been charged with acting as an illegal agent of the People’s Republic of China. Eileen Wang, 58, was charged via federal information with one count of acting in the United States as an illegal agent of a foreign government. In a related filing, Wang has agreed to plead guilty to the felony count, which carries a statutory maximum sentence of 10 years in federal prison. She is expected to formally enter her guilty plea in the coming weeks. The story blew up on X after Libs of TikTok posted about it: BREAKING: Eileen Wang, the Democrat Mayor of Arcadia, CA, has pleaded GUILTY to acting as a foreign agent on behalf of China. pic.twitter.com/1Fbp1Z2w5T — Libs of TikTok (@libsoftiktok) May 11, 2026 A small clarification on the viral post: Wang has not yet formally pleaded guilty in court. She has agreed to plead guilty, and the formal plea is expected in the coming weeks. The Arcadia City Council is officially nonpartisan, so while the Libs of TikTok post labels her a Democrat, we cannot independently confirm that from the federal filings or city records. What we can confirm is plenty damning on its own. The Department of Justice laid out the case in a press release on May 11: The mayor of Arcadia has been charged in federal court with acting as an illegal agent of the People’s Republic of China (PRC), the Justice Department announced today. Eileen Wang, 58, of Arcadia, is charged via information with one count of acting in the United States as an illegal agent of a foreign government. In a related filing, Wang has agreed to plead guilty to the felony count, which comes with a statutory maximum sentence of 10 years in federal prison. She is expected to make her initial appearance this afternoon in United States District Court in downtown Los Angeles. Wang is expected to plead guilty in the coming weeks. Wang was elected in November 2022 to the Arcadia City Council, a five-person governing body from which the mayor is selected on a rotating basis. “Individuals in our country who covertly do the bidding of foreign governments undermine our democracy,” said First Assistant United States Attorney Bill Essayli. “This plea agreement is the latest success in our determination to defend the homeland against China’s efforts to corrupt our institutions.” “Individuals elected to public office in the United States should act only for the people of the United States that they represent,” said Assistant Attorney General for National Security John A. Eisenberg. “It is deeply concerning that someone who previously received and executed directives from PRC government officials is now in a position of public trust at all, but particularly so because that relationship with that foreign government had never been disclosed.” “By her own admission, Eileen Wang secretly served the interests of the Chinese government,” said Assistant Director Roman Rozhavsky of the FBI’s Counterintelligence and Espionage Division. “Let this serve as a clear warning: Individuals who act on behalf of foreign governments to influence our democracy will be identified, investigated, and brought to justice. Protecting the rule of law and the transparency of our democratic process remains at the core of the FBI’s mission, and we will continue working alongside our partners to safeguard the integrity of our elections and keep hostile actors from undermining the voices of the American people.” Federal officials say an American mayor previously received and executing directives from officials of the Chinese government, and never disclosed that relationship to anyone. Then she ran for office and won a seat on the City Council, which rotates the mayor title among its five members. According to federal prosecutors, the conduct stretched from late 2020 through 2022. Wang and a co-conspirator named Yaoning “Mike” Sun allegedly worked at the direction and control of PRC officials to push pro-China propaganda through an outlet called U.S. News Center. PRC officials sent pre-written content to the pair via WeChat, including an article denying genocide and forced labor in Xinjiang. Wang allegedly posted the material, edited it at a PRC official’s request, and sent screenshots of the view counts back to PRC contacts, and replied to one of them with the message: “Thank you leader.” Sun has already pleaded guilty to the same charge. He is currently serving a four-year federal prison sentence after entering his plea in October 2025. The FBI was not subtle about the message they are sending here. The mayor of Arcadia, Eileen Wang, 58, has been charged in federal court with acting as an illegal agent of the People’s Republic of China (PRC). Details: https://t.co/cwlxvm4N6x pic.twitter.com/0NHxiejF7X — FBI Los Angeles (@FBILosAngeles) May 11, 2026 FBI Assistant Director Roman Rozhavsky of the Counterintelligence and Espionage Division put it bluntly: “By her own admission, Eileen Wang secretly served the interests of the Chinese government. Let this serve as a clear warning: Individuals who act on behalf of foreign governments to influence our democracy will be identified, investigated, and brought to justice.” The DOJ’s National Security Division also posted the announcement: The mayor of Arcadia, California, has been charged in federal court with acting as an illegal agent of the People’s Republic of China (PRC), the Justice Department announced today. “Individuals elected to public office in the United States should act only for the people of the… pic.twitter.com/joIXV7xNQK — National Security Division, U.S. Dept of Justice (@DOJNatSec) May 11, 2026 Wang resigned from the Arcadia City Council effective May 11, the same day the charges were announced. The City of Arcadia says Wang vacated both her council seat and mayoral position, and that the council will choose a new mayor and mayor pro tem from the remaining members while deciding how District 3 will be represented until the November 2026 election cycle. The city manager told the Associated Press that no city finances or staff were involved in the alleged conduct. That may be true. The larger concern remains an elected American official secretly taking direction from the Chinese government, publishing their propaganda for them, and never telling a soul about it while she climbed into a position of public trust. The formal plea is still expected in the coming weeks, and sentencing is farther down the road. For now, the DOJ, the FBI, and Wang’s own agreement to plead guilty leave a very clear public-record picture. Americans have a right to know who their local officials are actually serving. In Arcadia, federal prosecutors say the answer led straight back to Beijing.

by Jim Rickards If you have any money in the markets… Public Law 63-43 could have a huge impact on your wealth in 2026. You see, three simple words buried deep in Section 10 of this 112-year old little-known law… Grants President Trump the power to make this critical move on May 15th. President Trump himself has confirmed the plan is already in motion. As a former advisor to the CIA, the Pentagon and the White House… I know for a fact there are meetings taking place right now behind closed doors in the White House. His entire administration is preparing for it. I recommend you prepare as well. Click here to see the details because I believe this single move will help unleash a historical supercycle of wealth… That “gift” will make a lot of patriots rich on America’s 250th anniversary. (Note: Thank you for supporting businesses like the one presenting a sponsored message in this article and ordering through the included links, which benefits WLTReport. We appreciate your support!  MAKE AMERICA GREAT AGAIN!)

A former United States ambassador who admitted to secretly serving communist Cuba’s intelligence apparatus for decades is now facing the loss of something his 15-year prison sentence cannot touch: his American citizenship. The Department of Justice filed a civil denaturalization complaint against Victor Manuel Rocha in the United States District Court for the Southern District of Florida. The Colombian-born former diplomat pleaded guilty in April 2024 to conspiracy to act as an agent of a foreign government and to defraud the United States, along with acting as an illegal foreign agent. He is currently serving his sentence. Now the Trump administration wants to finish the job. First one on the denaturalization list…the Trump administration is moving to strip former U.S. Ambassador Victor Manuel Rocha, who admitted to being a spy for the Cuban government, of his U.S. citizenship.The DOJ says Rocha lied on his naturalization paperwork, which allowed… pic.twitter.com/6KOVnJ0wdI — Smoky Okie (Tim) (@RebornFatboy) May 10, 2026 The case rests on a damning timeline. Rocha admitted in criminal proceedings that he began spying for Cuba in 1973. He did not naturalize as a U.S. citizen until 1978. That means every answer he gave on his naturalization application was a lie, according to the complaint. The Justice Department laid out the case in blunt terms: Assistant Attorney General Brett Shumate said an agent of a foreign adversary should never be allowed to keep the title of American citizen, and he framed the complaint as part of DOJ’s mission to protect the naturalization process for immigrants who obey American law. U.S. Attorney Jason A. Reding Quiñones said Rocha was not a low-level operative, but a former U.S. ambassador and senior official who admitted he secretly served the Cuban regime for decades. The department says Rocha admitted in criminal proceedings that he began spying for Cuba in 1973, five years before he naturalized in 1978. When Rocha applied for citizenship, DOJ says he falsely swore that he had no unarrested crimes, no Communist Party of Cuba affiliation, no support for communism, and a belief in the U.S. Constitution. The government is bringing seven independent civil counts seeking revocation of his citizenship, while noting that the civil complaint’s claims are allegations at this stage. The scope of Rocha’s betrayal is staggering. The Daily Caller pulled together the career and criminal-case background behind the DOJ move: Rocha spent roughly two decades climbing the ranks of the State Department, with diplomatic postings in Argentina, Mexico, the Dominican Republic, and Cuba before serving as U.S. ambassador to Bolivia from 2000 to 2002. Federal prosecutors say he was already tied to Cuban intelligence long before reaching those senior posts, and court documents describe a covert relationship with Havana that began years before his naturalization. His double life unraveled when Rocha met with an FBI agent posing as a representative of Cuban intelligence. During those meetings, he admitted working for Cuba for “decades,” called the United States “the enemy,” and praised Fidel Castro, according to the case background cited by the outlet. The report also pointed back to Rocha’s 1978 naturalization paperwork, where prosecutors say his sworn answers concealed the very conduct that later became central to the spy case. At sentencing, U.S. District Judge Beth Bloom gave Rocha consecutive terms totaling 15 years and told him in a brief line that he had turned his back on the country. DOJ moves to strip U.S. citizenship from convicted Cuban spy and former ambassador Victor Manuel Rocha @USAO_SDFL: “The case sends a clear deterrence message: betraying the United States and abusing the privileges of citizenship will carry lasting consequences beyond prison… — Florida’s Voice (@FLVoiceNews) May 11, 2026 It is important to note that the civil denaturalization complaint remains at the allegation stage. Civil liability has not been determined. The criminal case, however, already ended with Rocha’s guilty plea and prison sentence. The message from the Trump Justice Department is clear: a prison cell is not the end of the consequences for someone who obtained American citizenship through fraud and then used it to betray the country for a communist regime. If the denaturalization succeeds, Rocha will leave prison without the citizenship he never deserved in the first place.

Representative Darrell Issa has introduced a resolution in the House that would formally expunge both impeachments of President Donald Trump from the congressional record, treating the 2019 and 2021 votes as though they never happened. H.Res. 1211, introduced on April 23 and referred to the House Judiciary Committee, already has the backing of Committee Chairman Jim Jordan and more than 20 Republican cosponsors. The resolution calls both impeachments “maliciously false” and argues they were driven by politically biased evidence and procedural abuses that denied President Trump basic due process. The move comes after years of declassified material that Issa says exposes the misconduct behind the original accusations. FIRST ON FOX: Rep. Issa introduces resolution to expunge both Trump impeachments from the House record, calling them ‘maliciously false’ pic.twitter.com/WHoiLFMMFG — Fox News Politics (@foxnewspolitics) May 11, 2026 Fox News reported on Issa’s reasoning and the political stakes behind the resolution: Issa told Fox News Digital that “the Constitution doesn’t spell out what to do when you’ve wrongfully indicted somebody.” He described impeachment as an indictment from which a president “can’t really be acquitted,” adding, “If you are impeached by the House, famously where do you go to get your reputation back, is the question.” “The president was wrongfully accused, the evidence is now out that there was withheld information and false information, but where do we go to unring this bell? And the answer is we go back to Congress and we go to the House floor and we have a vote,” Issa said. He added that he hopes the process will “make sure that the facts and the reality that there was misconduct in the process gets a hearing” before Congress and the American people. The resolution has support from House Judiciary Chairman Jim Jordan and more than 20 Republican cosponsors, including Representatives Claudia Tenney, Harriet Hageman, Tim Burchett, and Tom McClintock. Fox also noted that earlier expungement attempts in 2022 and 2023 died without hearings, markups, or floor votes. Issa argues this version is stronger because the record now includes material he says exposes withheld and false information behind the original accusations. The resolution lays out its case in methodical detail, walking through the factual record behind each impeachment and the procedural failures that surrounded them. On the 2019 impeachment, the resolution focuses squarely on the anonymous whistleblower whose complaint triggered the inquiry into President Trump’s phone call with Ukrainian President Volodymyr Zelensky. It argues the whistleblower had no firsthand knowledge of the call, displayed what Intelligence Community Inspector General investigators called “indicia of an arguable political bias” against Trump, and was assisted by another biased intelligence community official in crafting the complaint. The official text of H.Res. 1211 details those findings and several others: The resolution states that the whistleblower “told Intelligence Community Inspector General (ICIG) investigators the whistleblower did not have ‘direct knowledge’ of President Trump’s July 2019 call with Ukrainian President Volodymyr Zelensky that served as the basis for the 2019 impeachment.” It further notes that a second biased intelligence official, identified as “Witness 2,” helped craft the complaint and had previously “coauthored the now-debunked 2017 Intelligence Community Assessment” alleging Russian interference on Trump’s behalf. Witness 2 had also worked alongside disgraced former FBI agent Peter Strzok, who was removed from the Bureau for sending politically biased text messages expressing a desire to use his position to prevent Trump from winning the 2016 election. The resolution also accuses the then-Democrat chairman of the Permanent Select Committee on Intelligence of fabricating evidence of Trump’s phone conversation with Zelensky in a public hearing, falsely claiming he did not know the whistleblower’s identity despite evidence the whistleblower had met privately with his staff, and refusing to allow the whistleblower to testify, “depriving Members the ability” to examine the accuser’s credibility. On the 2021 impeachment, passed just one week after the January 6 Capitol breach, the resolution argues the House acted without meaningful legislative process, without calling a single fact witness, and without giving President Trump any opportunity to respond to the charges against him. It was, in Issa’s framing, an indictment issued on pure political momentum rather than evidence. Rep. Darrell Issa moves to expunge both Trump impeachments from record. Get rid of these false impeachments against President Trump. https://t.co/iyIQorHiCk — Patriotic