AI Defends Corporate Ownership Error

It's common for AI to put out inaccurate information and it did so once again regarding Humana's percentage ownership of Gentiva Hospice, which it is finally ditching.  

I asked Gemini why their AI  published the wrong percentage and it told me I was confusing Humana's 40% equity stake with Gentiva's operating in 35 states.  Who knew Gemini wrote comedy?  I did have a hearty laugh, albeit at Gemini's expense.

For over two years Humana's 10-K has clearly stated the company owned approximately 35% of Gentiva Hospice.  40% is a historical figure from their deal with TPG and Welsh, Carson, Anderson & Stowe (WCAS).  It also was the original percentage when Humana sold 60% of Gentiva to Clayton, Dubilier & Rice (CDR) in August 2022. 

A Humana 10-K filing stated "at December 31, 2023 we owned approximately 35%."  That 35% has remained constant for fiscal years ended December 2024 and 2025.

Gemini wrote that Humana's recent press release stated this 40% figure.  Google could not find that in the actual press release, which only state "minority interest."

AI cited Hospice News as its source.  Therein lies the problem.  That publication has been a longtime disappointment for hospice workers wanting some help in challenging greedy management.  

Private equity underwriters (PEU) found hospice long ago and have been playing an accumulation/spinoff/IPO game   I lived it at Gentiva after Humana et al bought Kindred at Home in June 2018.  It was highly distasteful, even cruel.  

Politicians Red & Blue love PEU and their TechGod brethren, who together bring us garbage AI, hyperscale data centers and an inattention to actual feedback.  The little people are supposed to take what they give us.  

Therefore, I must apologize to Gemini for mixing up the 40% ownership number from 2022 with the number of states Gentiva operates within.  I promise to forget the more up to date information in Humana's SEC filings.  Now, doesn't everyone feel better in our new irreality?    

This situation is not a runaway Waymo vehicle or targeting a girl's school on day 1 of Trump II's disastrous war with Iran, but it does not lead me to use AI again.  And for that I am truly grateful.

Jared Kushner to Disrupt Pink Flamingos

Jared Kushner's Albanian luxury resort, located in the middle of a wildlife refuge, has garnered public outrage amongst the common folk who are tired of corruption.  Kushner's development is under the Affinity Partners umbrella and specifically under the corporate entity:  Atlantic Incubation Partners.  

Atlantic Incubation Partners also drew the ire of the Serbian public for a planned project in Belgrade.

Closer to home Kushner's only SEC listing is for QXO, an Affinity Partners affiliate.  The building materials giant is an aggressive roll up of manufacturers and distributors.   

Their most recent proxy statements sheds light on the complexity of private equity underwriting (PEU) at Affinity Partners.  Jared controls 32 million shares in QXO and the footnote on page 24 states

Consists of (i) 12,111 RSUs that are expected to vest within 60 days of the Record Date and (ii) Mr. Kushner’s indirect beneficial ownership of 32,686,065 shares of our common stock, which is comprised of (a) 14,523 shares of our common stock beneficially owned by Atlantic Partners Splitter LLC, an entity controlled by Mr. Kushner, (b) 16,247,069 shares of our common stock beneficially owned by Affinity Partners Parallel Fund I LP (“Parallel Fund I”), (c) 164,310 shares of our common stock beneficially owned by Affinity Partners Fund I LP (“Fund I”), and (d) 16,260,163 shares of our common stock beneficially owned by Affinity QXO 1 LLC (“Affinity QXO”). Affinity QXO is owned by Fund I, Parallel Fund I, Affinity Partners Fund I Co-Invest Delta LP (“Delta”), Affinity Partners Fund I Co-Invest Delta II LP (“Delta II”), Affinity Partners Fund I Co-Invest Sigma LP (“Sigma”), and Affinity Partners Fund I Co-Invest Sigma II LP (“Sigma II”, and together with the other owners of Affinity QXO, the “Affinity Funds”). Affinity Partners GP LP (“GP”) is the General Partner of Fund I and Parallel Fund I, and Affinity Partners Fund I Co-Invest GP LP (“Co-Invest GP”) is the general partner of Delta, Delta II, Sigma and Sigma II. A Fin Management LLC (“A Fin”) is the investment manager of GP and the Affinity Funds. Mr. Kushner is the Chief Executive Officer of A Fin and the controlling owner of GP and Co-Invest GP. Mr. Kushner may be deemed to share voting and dispositive power over all such shares. Mr. Kushner disclaims beneficial ownership over all such shares.

PEUs expect affiliates to do business with other affiliates, regardless of quality or price.  So look for some new QXO rollup to provide construction products to Atlantic Incubation Partners, be it Serbia, Albania or elsewhere.  

Kushner, like Trump II, is birthing more $ billions, every second of every minute of every hour of every day.   It's a byproduct of insider connections and obscene levels of wealth.  Both need to be broken.

Politicians Red & Blue love PEU and their TechGod brethren.  Increasingly, more are one and for that the regular people and wildlife suffer, especially those dancing at the Pink Flamingo.  

May the Pink Flamingo revolution in Albania prevail.  

Note:  My apologies to the real Jared who held a fundraiser for testicular cancer at the Pink Flamingo.  

Trump II Ballroom Price Rises 200% in Less than a Year

Trump II's ballroom cost $200 million in July 2025 and the project was completely funded by private donors.  It's now $600 million with the U.S. taxpayer picking up $300 million.

Trump II can flat out spend money.  His signature project rose 200%.  How much is cost inflation vs. egotistical machinations?  

TechGods and private equity underwriters (PEU) hate paying taxes.  Apparently, they also have a limit on donations.  I expect someday they will prefer predictable taxation vs. regular fundraising phone calls from the White House for pet project after pet project.  

Remember folks, Trump II loves inflation!

PEU-TechGod Connections Go Back

In June 2014 I wrote:

Economic power buys political power, which then sets favorable rules and telegraphs money making opportunities for the already wealthy.

That year a secret group of private equity underwriters (PEU), TechGods, elected officials and members of the media attended Dialog, a tech focused Bilderberg Group like meeting put together by Peter Thiel.  It gathered 150 people to change the world. 

This information came from the Jeffrey Epstein files.

Lisa Randall sent her confidential invitation to Epstein for advice on attending, asking "Is this worthwhile?"

Epstein responded with "sundance is nice  ,,  go"

Randall replied "So let me understand.  You are suggesting tourism?"

The message made it clear the invitation was not transferrable and shared:

"the invite is only for Lisa Randall and is not transferable as we are limited to only 150 participants. There are no sponsors. We increase the retreat fee weekly to reward the people that sign up early. And this retreat is 100% off-the-record. /"

A second contact regarding the meeting came from Ian Osborne.  Ian forwarded his invitation from Auren Hoffman to Epstein with the following comment:

"Same shit.  Peter doesn't even attend.  I will tell him that they should stop them from using his name."

Ian got on the list per a recommendation from TechGod Chamath Palibapitiya. 

Epstein tried to work up dinners with Ian Osborne and Peter Thiel.  It's not clear if he sandwiched such an occasion in between meeting with Ehud Barak and Leon Black.  Very private, no agenda.

Politicians Red & Blue love PEU and their TechGod brethren.  Increasingly, more are one.  What was disturbing twelve years ago is systemic today.   

The Carlyle Group located in Washington, D.C. in 1987 because its founders understood the highly profitable connection to political power.  TechGods did likewise as Trump II ran for his second term.  

Dialog may now own D.C. area real estate to continue their "150 people changing the world"  meetings.  How does a secret society end up owning real estate big enough to host at least 150 people and conduct multiple breakout sessions?  It does so when those people are billionaires and aim to become trillionaires.

Update 6-18-26:  Forbes ran a story on the PEU/TechGod participants in Dialog.  Affinity Partners Jared Kushner is another Dialog insider.  They even used "like a Bilderberg meeting with a Silicon Valley twist."  

Has Forbes never seen Bilderberg's Steering Committee membership list?  It has long included Peter Thiel, Eric Schmidt and Alex Karp.  TechGods cut their teeth protecting global tamperers.  And now, they are one.

Bilderberg 2026 occurred in April in Washington, D.C.  The usual PEUs showed, Henry Kravis (KKR), Peter Orszag (Lazard) and Ali Koc (Koc Holdings)

Not everyone is enamored with the Bilderberg - Dialog insider plotting soirees.  Some have the courage to not go and call them out.

Dominari's SpaceX Fund: Open and Closed

The Trump Boys had another winning week.  Don Jr. and Eric each hold nearly 1.2 million shares in Dominari Holdings and serve on the firm's Advisory Board.

A Dominari press release detailed how the firm participated in the SpaceX stock rocket launch.

Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq: DOMH), is pleased to announce the successful launch and closing of the American Ventures Opportunity QP Series IV – SpaceX Fund, (hereinafter, the "Fund"). 

The Fund successfully raised approximately $200,000,000.00 from qualified investors and deployed that capital to directly acquire 1,481,481 IPO shares of SpaceX at a price of $135.00 per share in what the Wall Street Journal called the smoothest IPO in recent history, as well as the largest IPO ever. Unlike many other banks that received little or no IPO share allocation, Dominari's allocation was significant, marking another milestone in the firm's private markets platform. 

In addition, Dominari and its affiliates had previously completed eight (8) pre-IPO investment rounds in both SpaceX and xAI, representing an aggregate investment of approximately $50,000,000.00, in addition to the approximate $200,000,000.00 raised in the IPO. The carried interest from these investments may eventually exceed $40,000,000.00 for Dominari and underscores the firm's ability to consistently source, structure, and execute differentiated private market opportunities.

Not only did Dominari have the gravitas to get in SpaceX when it was private, it garnered a significant allocation of the oversubscribed IPO.  

How many different ways will the boys profit from Dad's executive branch priorities?  Let someone please count the ways.

"Trump Turns 80" Event to Pay UFC Fighters with His USD1

The Guardian reported:

The Ultimate Fighting Championship (UFC) announced on Friday that it will pay bonuses to fighters in a form of cryptocurrency issued by Trump family business World Liberty Financial at the heavily publicized White House mixed martial arts event on Sunday. 

The development connects the Trump family’s financial interests to the high-profile UFC competition being promoted on government property.

The article should say "further connects" Trump family financial interests given the already announced Trump designed commemorative gold and silver coins for that very same event.  The Trump Coins small print says "resale is strictly prohibited."

Back to World Liberty, founded by Trump II and his sons.  

Good luck to the fighters who get big USD1 paydays.  I challenge them to spend their haul as they would a real greenback.

It's the Co-founder Emeritus' dollar imitator.  

"In my experience, what is real are the things that are still there, even after you stop believing in them."

Trump II has replaced White House ethics with depositable "checks" and financial statement "balances."  As paid fighters add to their accounts so will the wider co-founding Trump family.  Does this make them moneychangers?

Update 6-15-26:  Trump's birthday rally is over and one winning fighter was so excited about getting his USD1 bonus he yelled "Michelle Obama is a man."  Next Trump rally?  July 4th on the National Mall.  Everything is turning to garbage.  

Premiere TechGod Elon Musk

TechGod Peter Thiel posted an homage to fellow TechGod Elon Musk as our world christened its first trillionaire.  I took the liberty of adapting it.

These self made, libertarian TechGods from South Africa did what few Americans have done, enrich themselves obscenely while destroying key democratic and societal foundations.

Trump II gave TechGods their own bank when his administration approved a bank charter for Erebor Bank.  Ordinary people cannot sign up.

The Virginia Declaration of Rights, written by Thomas Jefferson, included:

That no free government, or the blessings of liberty, can be preserved to any people but by a firm adherence to justice, moderation, temperance, frugality, and virtue and by frequent recurrence to fundamental principles.

TechGods destroyed wage structures in various industries with their overuse of gig workers.  They harmed children by facilitating contact from sexual predators and having their AI bots suggest self mutilation and suicide.  

Founders Fund is not Founding Father no matter how hard Peter Thiel tries.  The idealistic younger Jefferson turned into a leveraged CEO when he used his slaves as collateral for a loan.

Ordinary people can become extraordinarily rich on the backs of ordinary people.  It's a story as old as the founding of our nation from European migrants.

Before Elon Musk, there was Jakob Fugger.  Europeana reported:

The Fuggers were one of the most influential families of the era. Jakob 'the Rich' is considered one of the wealthiest individuals in history, with an estimated fortune equivalent to 400 billion euros today. With this great wealth came great power.

Fugger owned mines, a currently hot area for investment.  Who knows maybe an IPO or two would have gotten Jakob over the Elon mark?  

One of Europe's wealthiest families, the Fuggers created kings, gave life to cities and led to a split within the Church.

Elon financed Trump II's return to the White House.

Musk's mother has Switzerland in her family tree while Fugger was German.  While not related in kin, the two men shared a title of "richest man."

Due to the Fuggers’ industrial activities, people flocked to Schwaz, making it the largest mining metropolis in the world in the first half of the 16th century. 

The population boomed, which meant that the parish church in Schwaz had to be enlarged. A brick wall in the central aisle was built to separate miners from wealthier individuals.

The separation of the ordinary from the extraordinarily wealthy continues today in the houses of TechGods.  Elon's home in Austin, Texas is gated.  Austin allows 6 foot fences with setbacks.  Elon built one more than twice that height on the property line.

The current 16.5-foot fence was installed sans (without the required) permit, an oversight from the property manager at the time of its installation.

A neighbor does not consider the property a home.

....slammed the property's use as security as opposed to a residence, alleging there is around-the-clock shift changes, employees coming and going from the property at all hours, excess trash cans and blockage of the roadway for staff coming and going on site. "They think they own the world," the gentleman said, adding the tall metal gate utilized as the employee entrance to the property better resembles a fortress and not a single-family residence.

Remember the Virginia call in 1776 for justice, moderation, temperance, frugality, and virtue.  It's nowhere to be seen in our world where politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more are one.  

The neighbor chastised Musk for being guilty of building things and then asking for permission, and forgiveness, later.

Their deals get better and better while ours deteriorate.  It's sad when regular millionaires don't stand a chance.

I'll close with another right expressed by Virginians in 1776:

That general warrants, whereby an officer or messenger may be commanded to search suspected places without evidence of a fact committed, or to seize any person or persons not named, or whose offense is not particularly described and supported by evidence, are grievous and oppressive and ought not to be granted.

TechGods tag teamed with Uncle Sam to turn our country into an endemic spying state.  TechGods get the money while the government gets the information.  They grieve and oppress us.  Frankly, it's extraordinary in scale and scope, as is their wealth. 

Elon and Peter, modern day brother Fuggers.