Norma

Just a big fan of the witticism and snark of Twitter…the meanness not so much.

[Norma @ndelagan]

@CAgovernor @meiselasb Second only to the Ted Cruz effect.

[Adam Kinzinger (Slava Ukraini) 🇺🇸🇺🇦 @AdamKinzinger]

Since the @WhiteHouse and @POTUS is mad about this, please don’t retweet or share

[Norma @ndelagan]

@Timodc Doesn’t he do this every week? Gotta keep the market hopping.

[Jamie Bonkiewicz @JamieBonkiewicz]

It’s still Twitter.
It’s still the Kennedy Center.
It’s still the Department of Defense.
It’s still the Gulf of Mexico.
And Donald Trump is still a rapist.

[Norma @ndelagan]

@Timodc @EsotericCD I’m not sure why you call it a “schtick” this is who he’s always been.

[Norma @ndelagan]

@JoJoFromJerz Yes

[Norma @ndelagan]

@mavsmarie @Greybuilder I feel like I just learned a few years ago that not everyone has breakfast tacos pretty regularly.

[Norma @ndelagan]

@BenStiller He was one of a kind! ❤️

[Norma @ndelagan]

@atrupar He’s disgusting.

[Norma @ndelagan]

@ScottJenningsKY Stop it Scott. He’s never gonna hire you

[Peter Girnus 🦅 @gothburz]

I have three monitors on my desk. The left one shows the order book. The middle one shows Truth Social. The right one shows the investigation queue.

On April 21st, the left screen moved first.

I am a Senior Surveillance Analyst at a commodities exchange. I have held this position for nineteen years. My job is to monitor trading activity for suspicious patterns and generate compliance reports. I am employee of the quarter. I have a mug.

At 19:54 GMT on April 21st, someone placed 4,260 sell orders on Brent crude futures. They did this during post-settlement. The window after the market closes when daily volume is typically in the dozens. Sometimes single digits. Sometimes I watch the screen and nothing happens for forty minutes and I think about whether my daughter is happy.

On April 21st, someone placed $430 million in directional bets in 120 seconds during that window. One hundred and twenty seconds. I timed it on my watch because the system clock rounds to the nearest minute and I have found, in nineteen years, that precision matters to no one but me.

At 20:10 GMT, the President posted on Truth Social that he was extending the Iran ceasefire.

Brent dropped from $100.91 to $96.83.

I flagged the trade. I flag a lot of trades. I want to tell you what happens to my flags.

My flags go into a system called TRACE. Trade Review and Compliance Evaluation. I did not name it. The system generates a report. The report goes to a committee. The committee has a name I am not allowed to share but I can tell you it meets quarterly and the conference room has a credenza with bottled water that is sparkling because someone once put still water in the room and a managing director sent an email about it that was longer than most of my surveillance reports.

The committee reviews my flags. The committee has reviewed all of my flags. Here is the complete record of actions taken on my flags in 2026:

Reviewed.

That's it. "Reviewed" is a status. In compliance, a status is the absence of an action that has been given a name so it looks like one.

Let me show you my flags.

March 9th. Someone bet millions on oil falling at 18:29 GMT. Forty-seven minutes later, a CBS reporter posted that the President said the Iran war was "very complete, pretty much." Oil dropped 25%. Forty-seven minutes. I flagged it.

March 23rd. Someone sold 5,100 lots of Brent and WTI crude futures between 10:49 and 10:50 GMT. Fourteen minutes later, the President posted on Truth Social about a "COMPLETE AND TOTAL RESOLUTION" to hostilities. Oil dropped 11%. Over 13,000 contracts traded in sixty seconds after the post. Fourteen minutes. I flagged it.

April 7th. Someone established a $950 million short position in oil futures at 19:45 GMT. Three hours later, the President declared a two-week ceasefire. Nine hundred and fifty million dollars. I flagged it.

April 17th. Someone placed $760 million in bearish bets twenty minutes before Iran's foreign minister confirmed the Strait of Hormuz would reopen. Seven hundred and sixty million. I flagged it.

April 21st. The $430 million. Fifteen minutes. I flagged it.

That is $2.1 billion in directional oil bets in April alone. Every one of them landed on the correct side of a presidential announcement. Every one of them was placed in a window so narrow you could measure it in bathroom breaks. I flagged every single one.

The CFTC chair told a Congressional committee that his organization has "zero tolerance" for fraud and insider trading. I wrote that quote on a Post-it note and stuck it to my right monitor. The one that shows the investigation queue. The investigation queue has not moved since March.

Zero tolerance. Zero staff. Zero budget. Zero prosecutions under the STOCK Act since it was signed in 2012.

Fourteen years. The law has existed for fourteen years and has been enforced zero times. In compliance, we call that a compliance rate of one hundred percent. No cases filed means no cases lost. You cannot fail an audit you never conduct. We call that excellence.

Last month the White House sent an internal email to staff. I was not on the distribution list but I have read reporting on it and I need you to sit with what I am about to say. The email instructed White House staff not to use insider information to place bets on prediction markets.

The White House had to send a memo telling its own employees not to insider-trade.

I want you to read that sentence again. Not because the instruction was unclear. Because the instruction was necessary. Because someone in the building looked at the same pattern I have been flagging for months on my three monitors and decided the appropriate response was an email.

The President's son sits on the advisory board of Kalshi. He is an investor in Polymarket. Both are prediction markets. Both saw accounts created days before U.S. military action.

One account. I cannot stop thinking about this account. It was called "Burdensome-Mix." It was created in December. On January 2nd, it placed $32,500 on Venezuela's president being removed from power. On January 3rd, Maduro was seized by U.S. special forces. Burdensome-Mix collected $436,000. Then it changed its username. Then it disappeared.

One account is a coincidence. But there were six.

Six accounts were created on Polymarket in February. All bet on U.S. strikes on Iran by the 28th. When the President confirmed the strikes, the six accounts collected $1.2 million between them. Five of the six never placed another bet. The sixth went on to correctly predict the ceasefire date and made another $163,000.

My surveillance system logged all of this. My system logs everything. My system does not have opinions and neither do I. I generate reports. The reports go to committees. The committees meet quarterly. Between meetings, the windows get shorter and the bets get larger.

March 9th: 47 minutes. March 23rd: 14 minutes. April 17th: 20 minutes. April 21st: 15 minutes.

The window is compressing. In March, you had time to make coffee between the trade and the announcement. By April, you had time to send a text. By summer, at this rate, the trade and the announcement will be the same event.

The spokesman said any implication that administration officials are engaged in insider trading is "baseless and irresponsible reporting."

Then the White House sent the email again.

I have been in compliance for nineteen years. I have seen insider trading run out of strip mall offices by men who could not spell "derivative." I have seen pump-and-dump schemes coordinated over WhatsApp by people who used their real names. I have seen a man try to manipulate soybean futures from a Panera Bread.

I have never seen $2.1 billion in perfectly timed trades across five presidential announcements in a single month go uninvestigated.

But I have also never seen a compliance system work this beautifully. Every trade flagged. Every report filed. Every committee briefed. Every quarterly meeting attended. Bottled water: sparkling. Minutes: distributed.

Zero prosecutions.

As long as the flags go up and the cases don't, my performance review says I am meeting expectations.

I am meeting expectations. The system is meeting expectations. The $2.1 billion is meeting expectations. The fourteen-year-old law with zero prosecutions is meeting expectations.

The left screen moves. The middle screen moves. The right screen stays perfectly, immaculately still.

In my field, we call this price discovery.

[Norma @ndelagan]

@PNav57 Manufactured social media outrage. Too many people were saying how much they loved HEB. Of course someone was gonna try to tear it down.

[Norma @ndelagan]

@verysurly 😆😆😆 It was pretty awesome. I’d never seen anything like it myself.

[Norma @ndelagan]

@verysurly I live in Clear Lake too. I love everything about our party of town. I do wish they still had the Ballunar Festival. That was such a fun event.

[Danni Star @thedannistar]

@TheFungi669 That just means they told him to say it was doctored and he took that to mean to say he was a doctor in it. 🤦🏻‍♂️

[Norma @ndelagan]

@harryjsisson It’s perfect!

[Norma @ndelagan]

@SenSchumer DO SOMETHING! Besides calling and leaving messages at my Senator’s offices and leaving frantic posts on X, there is literally nothing I can do! You are are the elected representatives, DO SOMETHING!!!!

[Former Congresswoman Marjorie Taylor Greene🇺🇸 @FmrRepMTG]

On Easter morning, this is what President Trump posted.
Everyone in his administration that claims to be a Christian needs to fall on their knees and beg forgiveness from God and stop worshipping the President and intervene in Trump’s madness.
I know all of you and him and he has gone insane, and all of you are complicit.
I’m not defending Iran but let’s be honest about all of this.
The Strait is closed because the US and Israel started the unprovoked war against Iran based on the same nuclear lies they’ve been telling for decades, that any moment Iran would develop a nuclear weapon.
You know who has nuclear weapons?
Israel.
They are more than capable of defending themselves without the US having to fight their wars, kill innocent people and children, and pay for it.
Trump threatening to bomb power plants and bridges hurts the Iranian people, the very people Trump claimed he was freeing.
On Easter, of all days, we as Christians should be reminded that the son of God died and rose from the grave so that we can be forgiven once and for all of our sins. Jesus commanded us to love one another and forgive one another. Even our enemies.
Our President is not a Christian and his words and actions should not be supported by Christians.
Christians in the administration should be pursuing peace. Urging the President to make peace.
Not escalating war that is hurting people.
This NOT what we promised the American people when they overwhelmingly voted in 2024, I know, I was there more than most.
This is not making America great again, this is evil.

[Norma @ndelagan]

@shesbonky @leftcoastbabe Tomi is an embarrassment.

[Norma @ndelagan]

@EllenYChang @MedcalfByESPN The grocery stores are always so cold!