Education Testing in Minnesota

 

Fauci Laughed All the Way to the Bank

No vax for HIV after 40 years of research. 

No vax for cancer after more than 100 years of research.

No vax for the common cold since 1600 BCE. 

Yet a virus mysteriously appears and within 12 months a 'vax' is found by 4 pharma companies all within 1 week.

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. 

When is the IMPLOSION?

 

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.

He gave me an analogy I never forgot. Imagine choosing the next Olympic team from the children of the current gold medalists. Maybe the fastest man’s son is fast, maybe his daughter is faster. But there is no reason to believe either is the fastest person in America….so why would we assume that the child of a brilliant capital allocator is also the person best qualified to allocate billions of dollars? Especially when this allocation is a critical function? Buffett’s argument was not against wealth. It was against an aristocracy that freezes the flow of capital to productive use. Break up enough dynastic capital and the money has to compete again. (This also assumes a trustworthy government that doesn’t squander our tax money on war and fraudulent government contracts.) The freed-up money finds the young entrepreneur, the engineer, the immigrant. The kid nobody has heard of with an idea nobody understands yet. The hungry people. 

That conversation changed how I understood the estate tax.

I stopped seeing it simply as a debate about taxation. I began seeing it as a debate about who gets the next chance. Warren Buffett has spent his life arguing that capitalism works best when capital follows ability rather than bloodline. 

He has also arranged for the overwhelming majority of his personal fortune to be given away rather than simply inherited by his children. But now, at the end of one of the greatest careers in American capitalism, his son Howard is succeeding him as chairman of Berkshire Hathaway. There is an important distinction. Howard Buffett isn’t taking over Warren’s job running the company. Greg Abel is CEO. Howard’s role is different. Still, the symbolism is impossible to miss. The man who taught me that America should not choose its next economic leaders from the children of its previous winners—has chosen his son to guard the institution he built. Maybe there is no contradiction, just something endearingly human. But the larger principle he taught me that night remains more important than the irony. 

Healthy capitalism needs circulation, of money, of ownership, of opportunity, of power. When capital stops circulating, capitalism begins hardening into something else. The people who inherit the money keep the money usually with limited productive use. Children inherit the money, then they inherit the institutions and eventually they inherit the power. 

That isn’t capitalism finding the best and brightest. That’s the very aristocracy America was created to reject. 

I was 24 years old when Warren Buffett taught me the difference.

I never forgot it.poly and regulatory capture were not so prevalent tha

Swan Song of the Oracle of Omaha

 

Ever track a black bear?

 

Mitch McConnell

This vegetable defines the 535 elected scum bags we put up with.

Healthy and Unhealthy

Here are two Ghost Ranch female whitetail deer.  Both have fawns.

One is healthy.

One is not.

The deer with the fecal matter around and under her tail is unhealthy.

I doubt she makes it this winter.  Her fawn is poor as well.  Small size, poor coat.

Coyotes and eagles will dine on her soon enough.

 

Straight up honesty

AARON RODGERS: “About 85% of the population got it, never realizing, in my view, that it was a psy-op… 

A test of compliance during what I believe was bio-warfare.” 

“They were arresting surfers. What did any of that have to do with public safety?”

 “To me, it was all about seeing what they could get away with.”

“We lived through a multi-trillion-dollar worldwide psy-op designed to see how much control they had over us.”

 “I don't know one unvaxxed person who says, ‘Man, I wish I'd gotten that shot.’

 “I’m going to say what I believe is the truth."e truth.”

HARRY FISHER

Harry Fisher is an EMT who  has witnessed  a few horrific things after COVID shots arrived that he rarely or never saw before the shots:  

-myocarditis 

-glioblastoma

 -Rotting genitals 

-Aortic dissection 

-Young strokes 

-Young heart a or never saw before attacks
-Cancer that kills within weeks to months of diagnoses (nickname turbo cancer)  

-Suicide disease 

-miscarriages with extreme bleeding, record numbers

-a large portion of society that would rather back big pharma than listen to their fellow man.

God bless Harry Fisher for bringing light to the criminality of COVID.

Harry Fisher is an American paramedic (Nationally Registered Paramedic) and military veteran known for speaking publicly about what he observed as an EMT and paramedic during and after the COVID-19 period.

He became an EMT in 1997 and a paramedic around 2012–2013. He served as a medic in both the U.S. Army and Air Force (including as a paratrooper). After the military he worked street-level ambulance, ER, and ICU roles, including 911 work in Oklahoma City and later contract assignments in places such as New York, North Dakota, and Alaska. His home base is Oklahoma. In 2018 he and his wife Shiann (also an EMT at the time) were featured locally as a husband-and-wife EMT team.

Public profile and claims

Fisher gained attention after posting videos and accounts of calls he ran, including CPR at a Pfizer vaccination site early in the rollout where a nurse remarked it was the second such event in two weeks. He describes seeing a rise in sudden cardiac arrests, ventricular tachycardia, strokes, aortic dissections, and aggressive cancers in younger and previously healthy patients after the shots became available—patterns he says he did not see in the prior 20+ years. He frames these as field observations from 911 calls and hospital work, not as peer-reviewed epidemiology.

He was banned from TikTok (cited as “terroristic activity”), faced other platform removals, and reported being terminated from a contract job in late 2024 after refusing to administer COVID shots and over social-media activity. He has appeared on podcasts including Bret Weinstein’s DarkHorse, Ask Dr. Drew, and others.

Book

He co-authored Safe and Effective, For Profit: A Paramedic’s Story Exposing An American Genocide (with Stephanie Pierucci). The book collects his frontline stories, criticism of protocols and mandates, and his view that the response amounted to large-scale harm. Sites associated with it are fishersbook.com and harryfisher.life.

He remains active on X as @harryfisherEMTP. There has been online dispute about the current status of his Oklahoma paramedic license (some public comments have claimed expiration; he has stated he is still an active paramedic and that records are public).

His account is one paramedic’s testimony from the back of the ambulance and contract shifts. It is widely cited in vaccine-skeptical circles and contested by those who view the same period through official public-health data.

BEAUTY

 Walked outside this morning and looked at the closest flowers.

Couldn't resist bending down and filming this beauty.

Ghost on the Yellowstone

 

Character, points, age, just another great deer off the Yellowstone River bottoms.    

Time flies. Boys of FALL.

 

$65,000,000,000.00 went missing...........

 Smart and Far Less Wealthy

HARRY MARKOPOLOS wasn't needed...............

The lies and dishonesty from the Canadians were surreal.

You couldn't make this up.

If I hadn't been in the meetings myself I would not have believed the lies. 

REPOST from 2008

Just too dam good not to share again.

TRUTH & FREEDOM after 250 YEARS

Velvet is OFF! Going hard horned!

 

One of the Ghosts of the Yellowstone River bottoms.

Magnificent size, character, points galore!

It's moments like these you need Ghost Packs

A salute to self care, personal responsibility, and the hell with group think................

 

It Seems Like Yesterday. Americans chose AIR over FIRE!

All 19 hijackers were Muslim men from Arab countries.

The official FBI list, confirmed by later investigations, breaks down as:

• 15 from Saudi Arabia
• 2 from the United Arab Emirates
• 1 from Egypt (Mohamed Atta, who led the plot on the ground and flew American 11)
• 1 from Lebanon (Ziad Jarrah, who flew United 93)

Egypt, Lebanon, Saudi Arabia, and the UAE are all Arab states. All 19 were affiliated with al-Qaeda and acted as part of a jihadist operation ordered by Osama bin Laden.

That describes the men who boarded the four planes. It does not describe every person involved in planning, financing, or supporting the plot. Al-Qaeda’s wider network included people from other countries and ethnicities. The 19 who carried out the hijackings themselves were all Arab Muslims.

Labor Day Humor, (A Tribute to Jim Jordan, AKA "MR. HEARING")

If it weren't so sad it may even be funny.

Red, Blue, No Clue.

The travesty of lies on the backs of great Americans who don't understand the greed, the politics, the NGO's, the lies, the fraud, the theft, the scratch-my-back, I'll scratch yours, of D.C. corruption.

MARIA BARTIROMO

After today, Jono will have less time and more Maria!

Congratulations Maria on such a fantastic career.

You brought your style to FIN TV and will be greatly missed.

Best wishes going forward! 

80 DAYS Now.........

Tick Tick Tick ...................

Hard to believe these clowns think so little of the American people.

For you Covid Aficionados

I bet you would have never have guessed.

Dr. Scott Gottlieb served as the Commissioner of the FDA before his board membership at Pfizer.   

He joined the board of directors at Pfizer shortly after resigning from his post at the FDA, resigning in 2019. 

I don't know who might be a more deserving cellmate of Fauci than Gottlieb.

Buying an iPhone? You aren't alone.............

iPhones sold:  

2025  - 247 million 

2024 - 232 million 

2023 - 232 million 

2022 - 225 million 

2021 - 234 million 

2020 - 197 million 

2019 - 187 million 

2018 - 218 million 

2017 - 217 million 

2016 - 212 million 

2015 - 231 million 

2014 - 169 million 

2013 - 150 million 

2012 - 125 million 

2011 - 72 million 

2010 - 40 million 

2009 - 21 million 

2008 - 12 million 

2007 - 1 million

Always. Stay in Your Element

 

TKE House 1970's

 

National Debt of the United States of America

Now over $40,000,000,000,000.00

That's $6.58 billion every single day. 

Or $76,157 every second. 

Interest on that debt now costs over $1,000,000,000,000.00 annually.

GOVERNMENT fully ASLEEP

Obamacare Facts:

• The ACA dramatically increased health insurance premiums and cost-sharing in the individual market….

• The ACA collapsed insurer competition in the nation’s individual markets….

• The ACA failed to meet official enrollment targets in the individual markets….

• The ACA is pricing middle-class Americans out of individual market coverage….

• The ACA expanded government coverage while wrecking the private individual health insurance market….

• The ACA compromised access to care for persons—including those with preexisting medical conditions—enrolled in the nation’s individual markets….

• The ACA failed—and failed miserably—to attract young people into the exchange insurance pools….

• The ACA Medicaid expansion prioritizes able-bodied adults, many of whom are working, over the elderly, the disabled, and poor women and children….

• The ACA did not, as predicted, “bend the curve” of America’s healthcare spending….

• The ACA’s vaunted delivery reforms did not yield the anticipated savings.

Taxpayers spent $65 billion on health insurance premiums for people who either didn't exist or didn't qualify for benefits in two federal programs in 2024, according to an Aug. 26 report from Paragon Health Institute.

Expanded Medicaid and Obamacare, the signature programs of the Affordable Care Act, improperly enrolled a combined 14.3 million people that year, researchers concluded.

Expanded Medicaid allows states to enroll people making up to 138 percent of the federal poverty level, versus up to 100 percent for traditional Medicaid. That limit was about $35,600 for a family of three in 2024.

Obamacare was open to people earning up to 400 percent of the federal poverty level at that time, about $103,000 for a family of three.

Both programs are administered through the Affordable Care Act Marketplace, with coverage provided by commercial insurance companies.

As Lawrence Wilson details below, via The Epoch Times, researchers estimate that about 34 percent of all Marketplace enrollees in 2024 were either fraudulent, duplicates, or simply didn't meet the benefit criteria. 

And the number went up the next year, researchers said.

"Improper exchange enrollment increased by more than 26 percent from 2024 to 2025 - up to an estimated 6.5 million enrollees," the report stated.

Enrollment Problems

Researchers studied federal data from surveys, program enrollment, and spending and concluded that more than 9 million Medicaid expansion enrollees in 2024 probably didn't qualify for the benefit.

Those were likely people whose income was over the limit, did not meet citizenship, immigration, or residency requirements, or should have been enrolled in traditional Medicaid.

With Obamacare, the $0 premium policies made possible during the post-COVID years became a target for fraud, according to Paragon President Brian Blase.

Testifying before Congress in December, Blase said many people were enrolled in the program without their knowledge by unscrupulous insurance brokers, prompting the federal government to send a commission check to them - and premium payments to an insurance company.

These phantom enrollees are detected in part by their lack of activity once enrolled, Blase said.

Also, 28 states had more people enrolled in Obamacare than there were people in the state who met the income requirements.

Skepticism

Paragon had previously reported its enrollment analysis, though the cost calculation is new.

Based on previous reports, some observers have questioned the assertion that improper enrollment, particularly in Obamacare, is as widespread as the think tank concluded.

"There is no evidence of systemic fraud, waste, or abuse in [state-based marketplaces]," according to Covered California, the state's health insurance marketplace.

As for the lack of activity by some enrollees, America's Health Insurance Plans released a statement in 2025 saying, "A 'no-claims' year is evidence that a consumer stayed healthy or only had a few months of coverage - not that taxpayer money was misdirected or that their policy was illegitimate."

Others observers say Paragon's research method doesn't factor in all the variables. "There are a number of reasons why people who report incomes somewhat above 138 percent of the poverty line in a survey may be eligible for the Medicaid expansion," the Center on Budget and Policy Priorities said about a previous Paragon report.

Yet in December 2025, the Government Accountability Office reported that investigators were able to enroll 20 nonexistent identities in Obamacare in 2024 by using Social Security numbers that had never been issued to any person and other easily created counterfeit documents.

Of the 20 false enrollments, 18 were still active in September 2025, costing taxpayers more than $10,000 per month.

Investigators also found 26,000 accounts that received subsidies in 2023 based on Social Security numbers that matched records in the Social Security Administration's death file.

Taxpayers paid more than $94 million in subsidies for one year based on false enrollments uncovered by the investigators.

Savings and Recovery

The federal government has taken aggressive action to root out improper enrollment over the last two years.

That includes suspending agents and brokers from the program for suspected fraud, reinstating data matching between federal programs to prevent duplicate enrollment, canceling phantom enrollments, and requiring Medicaid eligibility recertification every six months.

The Centers for Medicare and Medicaid Services reported in January it had removed more than 1 million enrollees who were concurrently enrolled in Obamacare and Medicaid or the Children's Health Insurance Program, or who had failed to file and reconcile previously received subsidies.

Another 250,000 were removed who'd been enrolled without their consent.

Those actions produced $10 billion in annual savings, according to a government statement.

 

CALIFORNIA

#1 in Addiction 

#1 in Gas Prices

#1 in Homelessness

#1 in Poverty

#1 in Income Tax

#1 in Gas Tax

#1 in Budget Deficit 

#1 in Retail Theft

#1 in Citizen Exodus 

#1 in COVID Mandates

#1 in COVID School Closures 

#1 in COVID Business Closures 

#1 in Illegal Immigration 

#1 in Funding Illegal Migration

#1 in Illiteracy

#1 in Wage Stagnation 

#1 in Frivolous Lawsuits

#1 in Worker Restrictions

#1 in Anti-Business Regulations

Trade at SCHWAB?

A typical retail equity order at Charles Schwab is seen by about two firms before it executes: Schwab itself, then one wholesaler.

Schwab does not internalize stock orders or trade them as principal. Its smart router looks at order type, size, and market conditions, then sends the vast majority of non-directed marketable orders to a small group of unaffiliated liquidity providers (wholesalers). Those firms either fill the order against their own capital (internalization) or, less often, send it onward to an exchange or ATS.

Q2 2026 Rule 606 data shows the concentration. For S&P 500 names the main destinations were:

• Citadel Securities ~36%
• Virtu Americas ~18%
• Hudson River Trading ~18%
• Jane Street ~10%
• Two Sigma ~9%
• G1 Execution ~5%

The same handful of names dominate non-S&P 500 flow. An individual order is sent to one of those firms, not broadcast to all of them.

Industry studies put internalization of marketable retail flow at roughly 80%. That means most small retail market or marketable-limit orders never leave the wholesaler’s book and never appear on a public exchange. Larger or non-marketable limit orders are more likely to be posted on an exchange (directly or via the wholesaler).

So the practical path for a garden-variety Schwab retail order is:

1. Schwab’s systems
2. One wholesaler (most often Citadel)
3. Execution (usually internalized)

That is far fewer counterparties than an institutional order that is sliced across multiple exchanges, dark pools, and algorithms. It is also why PFOF and wholesaler internalization remain the core of how most U.S. retail equity flow is handled.

Free For All ...IT is Friday, Isn't IT?

Ever wake up on a Friday and say it's about over?

Over?

Over what?

Are you over it?

It.  You know.  IT!

It is relative.  It is all around you.  Everywhere is IT.

You my friend are surrounded by it.

It's deep and invariably circles back to politics, government, morals.

Today, it's Friday.  I'm looking around.  My vision is clear!

Are you tired of this bullshit with Mitch McConnell pulling a Houdini on America?   75 fucking days of Mitch's GHOST flying around.   This, America is what you voted for?  Lies and distortion.  Well, you sure as hell got it.  

Tired of Somali's in Minnesota milking billions of dollars?

Tired of about every Indian Reservation in America crying, "whoa is me" for more money, more grift, more handouts, more travel, more conferences, more of the same to get them to where they were 50 years ago?  I know, I lived on more reservations than you have ever been on. 

Tired of the FEDERAL RESERVE BANK in America?

Tired of all the economic data brought to you with as many lies and as much distortion as possible to milk the gravy train for more votes and better political press?

Tired of Fin TV and it's associated cheerleading?

Sick of watching the television set in your house and having to listen to commercial after commercial try to sell you pills, drugs, and more Pharma Death than at anytime in history?

Sick of a tax code that makes no sense?

Sick of insider trading in Congress but you front run a press release and you have the SEC nut jobs calling you night and day?

Tired of stockbrokers who aren't fiduciaries telling lie after lie after lie?

Sick of FINRA representing the big brokerage firms?   LOLOLOL, say it ain't so, FINRA!

Tired of dentists that lie to you?

Tired of doctors that lie to you?

Tired of veterinarians that lie to you?

Tired of Big Pharma?

Tired of all the Americans still dying from Covid vaccine injections?

Tired of the red/blue nonsense when they are all the same?

I’m sick of pretending this is a functioning country with a functioning government.

Congress is not “divided.” 

It is not “gridlocked.”

It is not “just politics.”

It is a criminal class of 535 people who have spent decades selling this country piece by piece while lecturing the rest of us about democracy, values, and the rule of law.  Don't believe me, look right here.

DEBT CLOCK for AMERICA

$40,000,000,000,000.00 in debt today.  Go ahead, look at it accumulate.

These fakes pass spending bills they don’t read.

They pile debt on people who are not born yet. They take money from foreign interests, lobbyists, PACs, and industries they regulate, then act shocked when anyone calls it what it is: influence-peddling.

They protect their own.

They investigate their enemies. They never investigate themselves with the same fervor. 

The worst part isn’t even the money. It’s the moral rot. A government that can lecture parents, churches, and working people about morality while shielding predators, burying files, redacting names, and treating elite sex-crime networks like a scheduling inconvenience has no moral authority left. If the same evidence, the same flight logs, the same sealed names, and the same “we can’t comment” stonewalling applied to anyone outside their class, those people would already be in prison. 

You see, EPSTEIN says it all.  All you need to know.  For this crowd, it becomes “complicated,” “ongoing,” or “not the right time.”  You see, IT is their business model. They take the money, take the trips, take the talking points, then wrap themselves in the flag and tell you anyone who notices is a conspiracy theorist. 

They will fight harder to protect their donors and their secrets than they will fight to protect the border, the budget, or the people who actually pay for all of it.  

I don’t hate “government” as an idea. I hate this government, the one that treats citizens like a revenue stream, treats accountability like an attack, and treats the most disgusting crimes as a club you only get punished for if you’re not connected. 

Fuck it, no more polite language.  No more “both sides” anesthesia.

If Congress had a shred of honor left, they would open every sealed file, name every protector, cut the foreign cash pipelines, and submit themselves to the same laws they impose on everyone else. 

They won’t. That’s IT.  

That is the point. 

They are not public servants. They are a protected class. And the country is rotting under them.

And knowing what I know now, I am dam sure tired of the politics in the United States military.    Amazing some of these Generals can tie their own boots.

Today I am tired of the envy of the wealthy.  Most of America wouldn't know a 50 hour work week if it showed up in their bank account.

Tired of the communities of color in America grandstanding about how bad they have it?

It is tiring.

IT is awful old.  Does it change or does IT not change?

IT is what IT is, isn't IT?

I am tired of Americans being lazy, not working, sucking at the hind teat of taxpayers, tired of the lack of two parent households raising children, just tired of IT.    

America is the land of freedom.  The land of opportunity.

About everyone you know seems to have forgotten that.

IT is a dam shame.

Tomorrow is Saturday, IT will still be front and center.