Friday, November 15, 2024

The 11 Largest Washington DC Cos With Stock Market Caps Above $1 Bil Saw Their Total Audited Annual Earnings Increase By $81.1 Bil in the Past 15 Years ..... an Off-the-Charts $72.4 Bil of it During the 8 Years of the Obama Admin, $7.4 Bil of it During the 3 Full Years of the Biden Admin and Only $1.3 Bil of it During the 4 Years of the Trump Admin.

Clearly, the horrific 2008 Financial Meltdown was due to the complete lack of controls over the US Financial System in the Bush/Cheney Admin.  This massive error was almost totally fixed by the Obama Admin, but it took a lot of time to fix it.

Let's hope these wholesale lack of necessary US Government controls doesn't happen again in the Trump/Vance Admin, with its near-sighted focus going to be to dramatically cut nearly all US Government regulations.

Now let me focus on the 2024 US elections.

Especially since the Harris Campaign thoroughly trounced the Trump Campaign in money raised and still the Democratic candidates at all levels still got blown away in the 2024 Elections, there has to be a day of reckoning for the Democratic Party.  

Given the just horrible execution in all respects of the Democratic Leadership during all of 2024, including the cover-up of the US President's seriously declining health and the complete failure to open up the Democratic US Presidential primary, I think every single person now in every Democratic Party leadership position should be relieved of their responsibilities. 

And similarly, MSNBC should be held responsible too for its integral part in this US Presidential health deterioration coverup and also its clearly one-sided position on the reporting on the horrific War in Gaza where the world's position on whether Israel has committed many war crimes including humanitarian ones is overwhelmingly that they did.

From a review of predominately companiesmarketcap.com, of Largest American Companies By Market Capitalization and of Company SEC filings in the SEC website, there were 11 Washington DC Companies with stock markets caps above $1 Bil in mid-November 2024.  

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 11 Washington DC Companies for FYE 2023, the Biden Admin's third full year in office, for FYE 2020, the Trump Admin's last year in office, for FYE 2016, the Obama Admin's last year in office and for FYE 2008, the Bush Admin's last year in office.