DEANPARISIAN.COM
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
DEANPARISIAN.COM
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
Tuesday, September 29, 2026
Fauci Laughed All the Way to the Bank
Charles William Hild
Charles William Hild.
Charles was Father, Son,
Husband, Grandfather, Brother, Uncle, Father-in-Law, Deacon, and Friend.
We knew him as Pepper.
I stand here as a son-in-law, which is a peculiar and
blessed office. You don’t choose your father-in-law. He arrives with the woman
you love, and then, if you are fortunate, he becomes one of the men who quietly
steadies your life.
Pepper was that kind of man.
He welcomed me not as a visitor, but as family. He never
made me audition for a place at the table. He treated the marriage of his
daughter as a trust, and he honored that trust by being kind.
Today, I want to turn this around. I
want to speak to all of us on behalf of Pepper.
What would Pepper want for us? What would he want to say today?
In times of death words can be difficult. I know he doesn’t want tears.
He wants warmth, and
smiles, and gratitude for life well lived. He wants the best for us.
Charles, Pepper, or POP, none of us will ever forget you. You
were a loving husband. You were a caring
father. You were a proud grandfather.
Your spirit will carry on, we will always hear your voice.
Today and all the tomorrows ahead, it will be Pepper and
Wanda, together again. with wide smiles, and happy times in the presence of
angels and our Heavenly Father.
Pepper had an attitude that Good always won over Bad. He always told us to be careful in most
aspects of life and things would be okay.
Losing a father is not easy. There aren’t many people in life that stand in your corner and never quit.
Remember Pam and Adam, Your Dad will always be with
you. You will carry his energy and his
spirit, in your heart, and in your mind, and you will never forget the man who
gave you so much to remember.
Now let me speak for Pepper. Fathers are not replaced but Pepper doesn’t
want us mourning his loss. He thanks us
and wants us to gather here and celebrate life, spirit, positive attitudes, and
the joy that he brought in his wonderful voice and his warm smile.
So today, we smile.
We give thanks. We remember. What I will remember most is not a single
speech or a single day, but a pattern: a man who showed up. Who asked after his
grandchildren. Who took pride in work well done. Who loved his daughter without
making a performance of it. That kind of love doesn’t announce itself. It
simply holds. Over three short decades
ago I talked to Pop about taking his daughters hand in marriage. Hadn’t done it before, haven’t done it
since.
He said to me after
I awkwardly got the question out of my mouth,
“ That would be fine, she’d like that”. So from the lakes of Minnesota to the
hills of Tennessee I knew it would be okay with Pepper!
To my wife: he gave you a foundation. To our sons: he gave
you a grandfather’s example of what a decent man looks like when no one is
watching. To me: he gave the rare gift of a father-in-law who made it easy to
honor him.
We do not replace a man like that. We carry him. We tell
the stories. We keep the standards he lived by—loyalty, work, family, and a
handshake that meant something.
What Pepper left behind makes us appreciate life even more. Pop, your legacy lives on.
We have our memories and more will flood over us in the
days to come.
I only fished with Pop a couple of times, but I know he
loved being on the water. He loved fishing and football. He
loved the game.
I always felt Pop would have been a great football
coach. He loved the sport, the play calling, the strategy of the grid
iron! He always watched U of TN football games.
What I most admired about Pepper was the time, of strength,
of effort, of patience and faith it took to take care of his wife, Gramma Wanda,
for the last decade of her life as she suffered with dementia.
Pepper did his best, at her side. It wasn’t easy. It was a courageous undertaking and he did
his best. His best was the only thing he
knew how to do.
Pepper today we
gather not only to mourn our loss in this world but also to celebrate you “going on ahead” to
a better place.
For sure, Father Time always wins but he was very generous with Pepper.
We know that you were taken from us before we would have liked but the Lord had other plans. But lucky us, we had the distinct privilege of having you for nearly 90 years!
I would like to end by thanking God for the many mercies he has shown the Hild family over the last few years.
In so many ways, Pepper, we were fortunate to have you in good health these past few years.
Today, Pepper, we know you look down on us from heaven above. We know you soar with the angels. You will remain an enormous influence on us. And so today, Pepper, we honor you.
Tomorrow we will miss you.
Forever Pop, we will love and remember you.
We hope to join you in heaven in our own time. We loved you dearly, Pop.
And we close today not with a goodbye, or a farewell, but with wholesome gratitude for the life we were lucky enough to share.
May the light Pepper carried shine in each of us.
Pepper, thank you. You were a good father, a good grandfather, and a good man to have standing behind a marriage. Rest easy. We have the watch now.
May we never forget the goodness of Charles William Hild as he would want the Lord to be with every one of you.
Amen.
Boys of Fall
Nevada doesn't require orange gear to hunt mule deer. That said, deer are color blind.
There's fun ahead. Nevada here we come.
Monday, September 21, 2026
Corporate America Calling the Shots?
American corporations have 535 red and blue, Dem and Republicans (Christian Taliban) who do the bidding for Corporate America.
There is no difference.
None.
You know it.
I know it.
Nothing gets done.
$40,000,000,000,000 deep in debt (fraud?) today but no one is talking about the Medicare unfunded liabilities that are NOT on the balance sheet and the Social Security liabilities that are NOT on the balance sheet.
Here is GROK talking:
The bigger numbers you are pointing at are real, they are official, and they are mostly off the balance sheet.
What is on the books right now
Gross federal debt outstanding is about $40.1 trillion as of mid-September 2026.
Breakout from early September:
- Debt held by the public: ~$32.4 trillion
- Intragovernmental holdings (what Treasury owes the trust funds): ~$7.7 trillion
The FY 2025 Financial Report of the U.S. Government (as of Sept. 30, 2025) books $47.8 trillion of total liabilities:
- Federal debt and interest payable: $30.3 trillion
- Federal employee and veteran benefits: $15.5 trillion
- Other liabilities: ~$2.0 trillion
- Net position: –$41.7 trillion
Social Security and Medicare future shortfalls are not recorded as balance-sheet liabilities. Federal accounting rules put them in the Statement of Social Insurance instead. That is the “not on the balance sheet” point.
The off-balance-sheet numbers (official)
FY 2025 Financial Report, 75-year present value, open group:
| Item | 75-year PV shortfall |
|---|---|
| Social Security | $27.9 trillion |
| Medicare Part A (HI) | $3.3 trillion |
| Medicare Parts B & D (SMI) | $57.1 trillion |
| Other social insurance | $0.1 trillion |
| Total social insurance | $88.4 trillion |
That $88.4 trillion is up $10.1 trillion from the prior year.
The 2026 Trustees Reports (newer than the FY 2025 financial statements) update Social Security and Part A:
- Social Security OASDI 75-year unfunded obligation: $29.3 trillion (as of Jan. 1, 2026)
- Social Security infinite-horizon unfunded obligation: $71.9 trillion
- Medicare Part A 75-year unfunded obligation: $4.2 trillion
Parts B and D do not “go insolvent” the same way. Law requires general-fund subsidies and premiums to be reset every year, so the shortfall shows up as future Treasury cash, not a trust-fund crash. That is why SMI is the largest single off-balance-sheet item.
When the trust funds run out under current law
- OASI (retirement): Q4 2032 — then only 78% of scheduled benefits can be paid
- Combined Social Security: 2034 — then 83%
- Medicare Part A: Q2 2033 — then 89% of Part A costs can be paid
Fraud vs the $40 trillion claim
There is no official $40 trillion fraud estimate. That number is the debt.
What the government does measure:
FY 2025 CMS improper payments (overpayments, underpayments, missing docs — not all fraud):
- Medicare FFS: $28.8 billion (6.55%)
- Medicare Advantage (Part C): $23.7 billion (6.09%)
- Part D: $4.2 billion (4.00%)
- Medicaid: $37.4 billion (6.12%)
- CHIP: $1.4 billion
Call it roughly $95 billion in one year across those programs. CMS itself says a large share is documentation/eligibility error, not proven fraud.
GAO has said there is still no reliable government-wide estimate of actual Medicare fraud. Recoveries are much smaller: state Medicaid Fraud Control Units reported about $2 billion recovered in FY 2025.
How to read it in one sentence
About $40 trillion is borrowed and on the Treasury debt clock. Another ~$15 trillion of federal worker/veteran benefits is on the official balance sheet. Social Security plus Medicare future shortfalls add on the order of $80–90 trillion over 75 years in present value — and those promises are not booked as liabilities.
Let me ask you, you are reading this so you must have a couple of brain cells working, why aren't the CEO's, the CFO's, the Chief Risk Officers, the Chief Investment Officers being fired or led out in handcuffs for all the fraud?
The lack of accountability, the breach of fiduciary duty, the lack of oversight by BOD's, and of course the lack of any integrity in journalism and this is what America is left with.
Yes.
It's coming.
And don't get me started on FINRA or the SEC. All you need to know about the Securities & Exchange Commission is one word.
MADOFF.
Dylan Ratigan Talking Buffet
I was 24 years old when Warren Buffett invited me to sit next to him at a minor league baseball game in Omaha, Nebraska.
It was the late 1990s and the Omaha Royals were playing at Rosenblatt Stadium during Berkshire Hathaway’s annual meeting weekend. Buffett sat to my right; people came up one after another. Autographs, pictures, handshakes. In between, I peppered him with questions. Buffett was already one of the richest men in the world, however what interested me wasn’t his wealth. It was how he thought about capitalism.
Buffett believed the most important consideration was that capital should find good people. Give trustworthy people control of good businesses and resources. Let them work. Let them create real value over long periods of time. The product didn’t have to change the world, it could be Coca-Cola, it could be See’s Candy. What mattered was whether the people running the company could be trusted to allocate capital intelligently.
Then we started talking about the estate tax. I thought I understood it. I didn’t.
Buffett didn’t describe the estate tax as a punishment for rich people.
He didn’t even principally describe it as a way for the government to raise money. He described it as critical part of the machinery of capitalism.
Capital must circulate to ensure society adapts and grows. Europe had spent centuries building aristocracies in which enormous pools of wealth passed from one generation of a family to another and the continent had stagnated. America was built in direct rejection of this idea.
Buffett argued that America must be different. The people who created great fortunes had demonstrated an ability to allocate capital. (Monopoly and regulatory capture were not so prevalent at that time to make money.) The children of the rich had demonstrated only that they had chosen their parents well.

