Category Archives: Business

Medical Guilds are Bad Medicine

Monopolies, Oligarchy, Elitism, Authoritarianism and Groupthink are hurting patients, driving up costs, blocking innovation, and trampling civil rights

In a broad, metaphorical sense (as often used by economists like Milton Friedman or in historical analyses), the term “guild” refers to professional organizations and regulatory bodies that function like traditional medieval guilds by controlling entry into the profession, setting standards, influencing licensing, and protecting members’ economic interests. Common examples of Medical guilds include:

  • State Medical Boards. They are empowered by individual states to regulate licensing and discipline physicians (the closest to actual “guild-like” control over who can practice). During COVID, state medical boards became notorious for de-licensing physicians for not complying with arbitrary and capricious “standard of care” guidelines promoted by Dr. Anthony Fauci, the CDC (Rochelle Walinski and Dimitri Dasalakis), and the FDA (Janet Woodcock, Peter Marks).
Headquarters of the American Medical Association (AMA), a 52-story skyscraper in downtown Chicago, is located at 330 North Wabash Avenue, Suite 39300, and is known as AMA Plaza. The AMA leases floors 39-47 (265,000 square feet) at an annual cost of approximately 7-8M$. Annual revenue for the AMA is approximately 500M$.
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State Question 842

Free’s Homeowners From Ad Valorem Taxation and Turbocharges the Economy

Oklahoma is now engaged in a relentless fight for fiscal prudence and taxpayer sovereignty. The newly updated State Question 842 stands as a beacon of true conservatism, a citizen-led assault on the oppressive yoke of ad valorem property taxes levied on owner-occupied homesteads. Filed on December 5, 2025, by principled proponents such as former State Rep. Mike Reynolds, Rep. Jay Steagall (R-Yukon), and Sen. Shane Jett (R-Shawnee), this initiative isn’t about reckless giveaways but a calculated strike against government bloat, liberating hard-earned dollars from bureaucratic clutches to fuel free-market dynamism. Here at the Sooner Sentinel, staunch defenders of limited government and rock-bottom taxes, we hail SQ842 as a masterstroke: it slashes a regressive tax that stifles home ownership, injecting those savings back into the economy where they multiply through voluntary spending, ultimately swelling consumption-based revenues far beyond the initial relief.

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Order Reinforces Fiduciary Discipline

Oklahoma State Treasurer Todd Russ said today that the newly issued Executive Order on Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors reflects concerns Oklahoma has raised and acted on for years regarding the growing influence of proxy advisory firms that operate outside traditional fiduciary standards.

For Oklahoma, this is not a new conversation,” Treasurer Russ said. “We have been clear and consistent: investment decisions must be driven by financial returns and fiduciary duty, not political ideology, foreign influence, or outsourced voting decisions that do not serve retirees or taxpayers.”

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President of OK Bank Indicted

WASHINGTON — A federal grand jury in the Western District of Oklahoma returned an indictment December 3, charging the former President and Chief Executive Officer of the First National Bank of Lindsay for his role in a conspiracy to commit bank fraud, bank fraud, making false entries in the books and records of a financial institution, obstructing the examination of a financial institution and failing to implement an anti-money laundering program.

According to the indictment, Danny Seibel, 54, of Lindsay, Oklahoma, served as the President and Chief Executive Officer of the First National Bank of Lindsay from in or about February 2007 until his termination in September 2024.

First National Bank of Lindsay. Photo: KGOU
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OK Revenue: Year-Over-Year Growth

The November 2025 State Tax Revenue Report released last week by State Treasurer Todd Russ shows a 4.1% increase in total revenue compared to November 2024, even as monthly results were uneven. Over the past 12 months, Oklahoma collected $17.08 billion, up 1.3% from the prior period, underscoring continued revenue resilience heading into 2026.

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