Reporting Interim Results: How Often is Enough?

The Securities and Exchange Commission (SEC) has a rule which 

requires public companies to report interim results quarterly.

President Trump would like to see the SEC change that to instead 

permit semi-annual reporting of these results. The President thinks

that U.S. companies is too short-term. Such a reduction in reporting 

obligations is a sign to corporate executives that they have been 

listening too much to their companies' shareholders, that is, their

bosses. Just who do these bumptious investors think they are,

your sarcastic Peasant wants to know? 

The government should not be sending this message. If they do,

the shareholders will certainly counter with a message of their

own, and the government and the company bigwigs will not

receive it warmly.

This is not one of President Donald J. Trump's better ideas.

MEM

Next Week, I Promise!

Your favorite Peasant has to bow out this week, as I have 

more obligations than I have time! But I shall return next 

week, and we'll resume our weekly fun!

Thank you all for your patience, understanding and indulgence.

All is well, and shall get even better!

MEM 

No Wobbling Permitted!

All too often, Republicans in Congress have lost debates

which they should have won had they just shown a bit of 

backbone. Most egregious have been the debates over health-

care, and the consequences included, but aren't limited to, 

our healthcare system falling apart. 

But a rematch has come the GOP's way; the Congressional 

Democrats have chosen to shut down the government chiefly

for these two reasons: one, they want to line the pockets of 

the large health insurance firms and the K Street lobbyists,

and two, they want to make more health care, free of course,

to more illegal immigrants. The Republicans have begun to

fight back on the latter, to their credit, but they face another

related issue in the form of a question, the question being 

should Congress extend enhanced subsidies for ObamaCare 

which were granted temporarily during the Covid pandemic?

The obvious rightful answer is a resounding "no" since 

the pandemic is long over. The Republicans have to demonstrate

their advocacy for freedom in healthcare and opposition to

socialized medicine, with no compromising on principles.

If they give any ground via making wimpy concessions 

the voters will never take them seriously when the GOP claims

that they want to deregulate the healthcare market to promote

competition and to expand healthcare savings accounts. This 

would, of course, mean a tsunami-like shift in the electorate's

preferences at election time, and they would repeat that 

preference in subsequent elections for the foreseeable future.

At least the GOP is firming up their stance on many issues

these days, with President Trump being the shot of adrenaline

coursing through their veins. Let's hope that the adrenalin boost

carries the 'Pubs to a resounding victory on this matter.

MEM

New York Slides Into Socialism

New York's embattled mayor Eric Adams has ended his campaign

for re-election last Sunday, but he really should have done it before

now. The Big Apple would have had a realistic chance of defeating

the socialist, some would say communist, mayoral candidate 

Zohran Mamdani. He's so far left that he makes former mayor

Bill De Blasio look like GOP mayor Rudy Giuliani.

Mayor Adams had given his all in vying for another term, but has

polled dangerously low against the rest of the field of candidates.

He now is in single-digits (!) running as an independent, having

shed his Democrat party label. 

His best move as mayor was to appoint Jessica Tisch as police 

commissioner. She's worked to reinstate "broken windows"

policing; intolerance for minor crimes while also focusing on high-

crime neighborhoods. Voters are now left with former Gov 

Andrew Cuomo, also running as an independent; the Democrats'

nomination has been sewn up by Mamdani. Republican pick

and past mayoral candidate Curtis Sliwa, founder of the crime

fighting group "The Guardian Angels", will need a miracle worthy

of informing the Pope about in order to win the general election.

A Mamdani victory will mean that New York, regarded as the financial

capital of the world, the home of Wall Street, and a mighty banking 

citadel, will succumb to frighteningly higher taxes, rent freezes, 

government-run grocery stores (no, really! Mamdani has promised

this, making it a plank in his campaign platform), and more crime 

aided and abetted by pro-crime, pro-criminal officials. 

And don't think he'll be any friend to the Jewish citizens of New York;

he's made his pro-Hamas sympathies well-known. He'll certainly be a

friend to the teacher's unions, as he is vehemently against charter

schools. 

There's an old saying in politics which states that in elections voters get 

the government they deserve. If New York's voters elect Mamdani,

and chances are excellent that they will, they're going to get precisely

that very government. Your head-shaking Peasant hopes they will be 

happy.

MEM