Tomorrow is Christmas. I hope you have a merry one, but for those who do not, I offer you a ray of hope.
We are a nation born from a pivotal battle fought on Christmas — the Battle of Trenton (25-26 December 1776).
I believe the Battle of Trenton (there were actually two) was the pivotal battle of the American Revolution.
If our attack had been repulsed, we would not exist.
We were minding our own business when a call came in: “Standby, Big Red Car, the Speaker of the House of Representatives, the one and only Nancy D’Alesandro Pelosi, would like a word with you. Let me warn you, she’s drunk with victory.”
In the background, I could hear the woman who called me saying, “Your Highness, I have that annoying Big Red Car for you.”
“Hello, Madame Speaker, what an unexpected pleasure,” I said.
The term Russian Disinformation has been bandied about of late with ZERO credibility, so I thought I might take a second and show you a real example of Russian Disinformation.
Comes now the Russian effort to militarize space. Here is the Russian Disinformation:
1. Russia and Putin have been running around the globe for years decrying the militarization space. Big alligator tears.
2. They weep that they want to ban the use of space weapons.
Every President is entitled to assemble a Cabinet made of those who he/she wants to run the country even in these polarized times.
The Senate has a role in its advise/consent Constitutional duty to ensure the Devil Herself does not get seated, but, in general, a POTUS should be able to assemble his own Gang.
The Biden Gang, thus far, is more than 75% Obama retreads — whilst you may be tempted to cluck at that, who else does the guy know? Come on, man.
One new face in the crowd is this Mayor Pete chap for Secretary of Transportation. Seems an odd choice.
Quibi, an exciting new media streaming service launched by some of the savviest players in the media business, closed down in late October after only six months.
Was it a casualty of COVID or was it an ill-advised venture that got its comeuppance with a dash of COVID on the side?
As a startup, it is fair to take a jockey, horse, course approach to evaluating the product, no?
As I write, Americans are being vaccinated against the COVID19 virus within the same zip code in which I sit. It began four hours ago.
For some reason it reminds me of D-Day, the radio reports wherein our countrymen listened with anticipation:
“This morning, under the command of General Eisenhower, Allied naval forces supported by strong air forces began landing Allied armies on the northern coast of France.”
Within five days, more than 326,000 Allied troops would have landed with more than 100,000 tons of equipment and Paris would be liberated two and a half months later with the Germans destroyed within a year.
I wish the same fate to COVID.
The United States Securities and Exchange Commission recently announced some substantial changes to “harmonize and improve” what they called a “patchwork” of rules pertaining to how companies can raise funding from the public — both accredited and un-accredited investors.
This action did not get much play in the press, but I spotted it and read it carefully. There is a lot of good news, but for the entrepreneur set there is a real gem.
Here is a link to their press release (an extremely difficult document to read and understand):
The bottom line is this: a company can now raise up to $5,000,000 (versus the prior $1,070,000) via a web based fundraising campaign with a registered firm without having to file the usual substantial SEC required registration filings. [You have to make prudent disclosures as you would in any offering, but this is a simpler, easier, bigger deal.]
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