Smaller Virginia Companies Total Pretax Income Down the Tubes in 2019 ..... Annual 2019 Total Pretax Income Declined By a Huge 56% From Annual 2018 ..... Second Half of 2019 Total Pretax Income Declined By a Massive 95% From the Second Half of 2018 ..... And the First Half of 2019 Total Pretax Income Declined By 18% From the First Half of 2018.

There are 24 Virginia Companies with stock market caps between $2 bil and $10 bil currently.  One of them hasn't released its December 2019 quarter earnings yet.  

From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the remaining 23 smaller Virginia Companies in each of the four quarters of both 2019 and 2018.

		US	US			US	US			US	US			US	US
		GAAP	GAAP			GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
		Pretax	Pretax			Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
		Income	Income			Income	Income			Income	Income			Income	Income
		(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
		Dec	Dec			Sept	Sept			June	June			March	March
Virginia Smaller Companies		Quarter	Quarter			Quarter	Quarter			Quarter	Quarter			Quarter	Quarter
Market Cap $2 Bil to $10 Bil		2019	2018			2019	2018			2019	2018			2019	2018
		mils $	mils $			mils $	mils $			mils $	mils $			mils $	mils $
Graham Holdings	Arlington	185	69			58	135			74	63			109	57
Park Hotels & Resorts	Tysons	149	65			9	55			89	231			104	149
DXC Technology	Tysons	127	469			(1,999)	332			206	360			354	588
Tegna	Tysons	121	206			53	107			105	120			97	76
CACI Intl	Arlington	95	93			83	91			63	71			81	94
Maximus	Reston	79	76			77	62			84	85			81	73
BWX Technologies	Lynchburg	79	31			95	85			78	79			63	85
Perspecta Inc	Chantilly	75	48			37	36			42	41			(13)	36
Science Applications Intl	Reston	73	58			74	64			70	55			(7)	51
NewMarket	Richmond	67	71			87	68			97	70			81	81
Atlantic Union Bankshares	Richmond	67	53			64	46			58	61			42	18
Performance Food Group	Richmond	54	56			46	35			83	79			44	45
Trex Co	Winchester	47	33			56	39			48	57			39	48
Mantech Intl	Herndon	38	28			38	29			33	28			28	26
Apple Hospitality REIT	Richmond	26	34			46	62			62	68			38	42
Kinsale Capital Group	Richmond	22	5			15	14			17	12			23	9
Strategic Education	Herndon	21	40			23	(56)			32	5			29	12
Brink's Co	Richmond	21	53			22	42			27	(89)			24	37
Shenandoah Telecommunications	Edinburg	16	20			19	20			18	13			18	8
Alarm.com Holdings	Tysons	15	9			21	(17)			14	8			9	12
Appian	Reston	(10)	(14)			(12)	(15)			(9)	(11)			(17)	(9)
Beacon Roofing Supply	Herndon	(33)	(0)			48	71			36	67			(95)	(97)
Iridium Communications	McLean	(142)	(25)			(22)	(15)			(26)	3			(28)	15
Total all 23 Smaller Virginia Cos		1,192	1,478			(1,062)	1,290			1,301	1,476			1,104	1,456
….. % Change From Prior Year Qtr		-19%				-182%				-12%				-24%
Four Quarters Total Pretax Income
….. 2019		2,535
….. 2018		5,700
………. % Decline		-56%
Second Half 2019		130
Second Half 2018		2,768
….. % Change From Prior Year Period		-95%
First Half 2019		2,405
First Half 2018		2,932
….. % Change From Prior Year Period		-18%

Such incredibly horrific pretax earnings in all of 2019 but particularly in the last half of 2019, coupled with the huge CoronaVirus Losses which will start hitting the books in 2020, signals future very unhealthy pay raises for the many already underpaid Virginia non-executive employees.

Virginia 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 Virginia Company Top-Tier executives and their already massively underpaid, hardworking Virginia 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. 

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 in this fast-changing world.

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 Virginia but also in every other US State.  

On the positive side, all four of them have a high degree of economic fairness.

Michael Bloomberg has both the financial acumen and the understanding of how businesses operate.  

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 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.

And 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.

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 unfair 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 unfair 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 including 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 them will probably react by not voting for Democratic establishment candidate Joe Biden 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.