From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for these 8 largest South Carolina Companies in each of the December quarters, the September quarters and the June quarters of both 2019 and 2018.
| US | US | US | US | US | US | ||||||
| GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | ||||||
| Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | ||||||
| Income | Income | Income | Income | Income | Income | ||||||
| (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||||||
| South | Dec | Dec | Sept | Sept | June | June | |||||
| South Carolina Companies | Carolina | Quarter | Quarter | Quarter | Quarter | Quarter | Quarter | ||||
| Stock Market Caps Above $1 Bil | City HQs | 2019 | 2018 | 2018 | 2017 | 2018 | 2017 | ||||
| mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | ||||||
| Sonoco Products | Hartsville | 60 | 78 | 117 | 87 | 108 | 116 | ||||
| South State | Columbia | 59 | 62 | 65 | 57 | 52 | 52 | ||||
| Ingevity | North Charleston | 55 | 44 | 77 | 68 | 73 | 65 | ||||
| AVX Corp | Fountain Inn | 47 | 91 | 41 | 89 | 63 | 71 | ||||
| Denny's Corp | Spartanburg | 24 | 13 | 64 | 14 | 41 | 14 | ||||
| Blackbaud | Charleston | (1) | 11 | 5 | 11 | 10 | 7 | ||||
| 3D Systems Corp | Rock Hill | (6) | (8) | (15) | (10) | (22) | (6) | ||||
| Domtar | Fort Mill | (59) | 123 | 19 | 103 | 23 | 51 | ||||
| Total all 8 South Carolina Cos | 179 | 414 | 373 | 419 | 348 | 370 | |||||
| % Change From Prior Year Quarter | -57% | -11% | -6% | ||||||||
Such horrible December 2019 quarterly earnings, coupled with the huge CoronaVirus Losses which will start hitting the books in 2020, signal that unhealthy future pay raises for the many already underpaid South Carolina non-executive employees.
South Carolina Company non-executive workers really have had the deck stacked against them for decades versus what is going on with the sky-high annual percentage pay and employee benefit raises of their Companies' Top-Tier Executives.
So which 2020 Democratic Presidential candidate could best help close this massive annual percentage pay raise gap between South Carolina Company Top-Tier executives and their already massively underpaid, hardworking South Carolina Company non-executive employees?
More than anything needed to solve this thorny problem is to possess exceptionally strong financial and data science skills, coupled with a keen understanding of how businesses operate. And you also must have a high degree of economic fairness.
More than anything needed to solve this thorny problem is to possess exceptionally strong financial and data science skills, coupled with a keen understanding of how businesses operate. And you also must have a high degree of economic fairness.
Joe Biden, Bernie Sanders, Elizabeth Warren and Amy Klobuchar all have little if any financial acumen, no data science understanding and little if any understanding of how businesses operate.
Further, all four of them worked for the US Government, particularly in the past ten years, when these comparative pay raise results of Top-Tier Executives and non-executive employees were so horrendous, not just in South Carolina but also in every other US State.
On the positive side, all four of them have a high degree of economic fairness.
But he has no data science expertise.
Also and most important of all, Bloomberg has a low degree of economic fairness.
In the many years he was accumulating his wealth of $60+ bil, US income inequality expanded dramatically in each year by leaps and bounds.
So, like many US business tycoons with their sole fixation on maximization of Company profits, Bloomberg accumulated his massive wealth on the backs of the declining US middle class and the growing number of people dropped to the lower economic class.
In the many years he was accumulating his wealth of $60+ bil, US income inequality expanded dramatically in each year by leaps and bounds.
So, like many US business tycoons with their sole fixation on maximization of Company profits, Bloomberg accumulated his massive wealth on the backs of the declining US middle class and the growing number of people dropped to the lower economic class.
And while he was accumulating his massive amount of wealth, Bloomberg was strongly anti-union.
Also by his punitively racial "Stop and Frisk" policy, many New York City people of color were singled out and physically thrown against the wall.
I think there is only one Democratic Presidential candidate who has the requisite financial acumen, data science skills, understanding of how business operate and economic fairness to help turn the tide around on this massive, continuing US income inequality expansion caused mainly by the massive gap in annual percentage pay raises between executive and non-executive employees ..... Pete Buttigieg.
I suggest that it is mathematically impossible for Pete Buttigieg to get a 17.3% Final Vote, which is already after the voter redistribution for the 15% threshold effect, which miraculously dropped down by 17% to only 14.3% in the Nevada County Convention Delegate Vote, without some nefarious actions to have occurred.
It is even more mathematically impossible for Amy Klobuchar to get a 7.3% Final Vote which dropped down by an amazing 42% to only 4.3% in the Nevada County Convention Delegate Vote without some nefarious actions to have occurred.
So, Joe Biden got a Not First Vote but Final Vote of 18.9% in Nevada just edging out Pete Buttigieg's Not First Vote but Final Vote of 17.3%. But unlike Pete's 17% dramatic drop in the Nevada County Convention Delegate Vote, for some strange reason Biden's Nevada County Convention Vote increased by 7%.
On another matter, the very recent Nevada election caucus counts seem very strange to me.
I suggest that it is mathematically impossible for Pete Buttigieg to get a 17.3% Final Vote, which is already after the voter redistribution for the 15% threshold effect, which miraculously dropped down by 17% to only 14.3% in the Nevada County Convention Delegate Vote, without some nefarious actions to have occurred.
It is even more mathematically impossible for Amy Klobuchar to get a 7.3% Final Vote which dropped down by an amazing 42% to only 4.3% in the Nevada County Convention Delegate Vote without some nefarious actions to have occurred.
So, Joe Biden got a Not First Vote but Final Vote of 18.9% in Nevada just edging out Pete Buttigieg's Not First Vote but Final Vote of 17.3%. But unlike Pete's 17% dramatic drop in the Nevada County Convention Delegate Vote, for some strange reason Biden's Nevada County Convention Vote increased by 7%.
End result, Biden got 9 delegates and Pete only got 3 delegates, even though Biden got a final vote of 18.9% and barely edged Pete's final vote of 17.3%.
What you have here is massive vote count corruption in the Nevada Democratic establishment in favor of Democratic establishment candidate Joe Biden. And the Democratic establishment is asserting that Russia is subverting the US election when it's a drop in the bucket as compared to how the US State Democratic establishments like Nevada are corrupting the vote count.
And all of the Nevada election workers have to sign Non Disclosure Agreements to work there. I now understand why.
This is why many people have so little trust in the Democratic Party establishment and now realize that the deck is stacked against any Democratic Presidential candidate other than Joe Biden and thus it only makes sense that some of these fair-minded people will probably react by not voting for Democratic establishment candidate Joe Biden in South Carolina and in the Super Tuesday US States.
And for someone to loudly assert many times during the South Carolina primary, where 67% of the voters are black, that he was arrested for Nelson Mandela like Joe Biden did when he actually didn't get arrested for Nelson Mandela, it reveals that Joe Biden is either an opportunistic liar or senile and either way, he has no business being US President.
