NASDAQ is in the Quota Business

The stock exchange has proposed a rule—and it’s actually serious about it, if you can imagine that—regarding business governance that must be satisfied if a business is to be considered by the Know Betters of the exchange fit for listing on its exchange.

The second largest exchange in the world has asked the Securities and Exchange Commission for permission to impose a quota system on the boards of its listed companies. The new rule would mandate that corporate boards have a minimum of one woman director and one who is a minority or LGBTQ.

So: a black lesbian–a three-fer.

Alternatively…

President Donald Trump, recall, is moving to reclassify Federal senior-level civil service employees into a new category (Schedule F for those following along) that would facilitate their hiring and firing outside the existing Federal employment rules that generally serve to keep those employees on the job regardless of their performance quality. That protection tends to obviate the hiring part by reducing the number and availability of slots into which to hire: they’re already (and still) occupied.

That last—ability to hire—is little talked about, as the focus, especially by public unions, has been on job protection rather than job performance.

Foreign Taxation

Various nations insist on taxing corporations that provide digital services—imposing a “digital services tax”—to ensure, those nations are pleased to claim and as most clearly articulated by Canada’s Finance Minister Chrystia Freeland, that

everyone pays their fair share

The Canadian government has been explicit in another direction, also: Canada will act unilaterally if an international taxing regime isn’t worked out by the OECD quickly enough to suit them.

French Finance Minister Bruno Le Maire has said he’ll demand a European Union response if the US goes ahead with our impertinent objection to the French government’s decision to tax those same digital service-providing corporations.

Time to Buy

Ex-President Barack Obama (D), he of the open contempt for ordinary Americans, us bitter Bible- and gun-clinging denizens of flyover country (i.e., the vasty expanse of America that lies between the western coast and the northeastern coast), is at it again.

Former President Barack Obama, in his latest memoir, criticized Americans for liking “cheap gas and big cars” more than they care about “the environment”—even during a catastrophic event like the 2010 Deepwater Horizon oil spill.

And

…many American voters for decades had “bought into the idea that government was the problem and that business always knew better….”

Persons and the Census

The Supreme Court this week is taking up a case that centers on that. At issue is the question of whether President Donald Trump’s Executive Order excluding undocumented immigrants from state population counts—from the census—is a Constitutional one.

Progressive-Democrats and their Leftist supporters insist that “persons” in this context include illegal aliens.

“…inhabitants” at the nation’s origin meant people with a “usual” or “customary” residence in a state, which would include undocumented immigrants.

This is fallacious, as the WSJ‘s editors allude. Illegal aliens have no customary presence in any State—or territory. The illegality of their presence makes that condition not customary and entirely unusual, no matter for how long they’ve been able to evade the law.

Missile Defense and Nuclear Stability

An unsigned Bloomberg News article, carried by Newsmax, is pushing the panic button over an American successful ship-launched intercept of an ICBM in mid-course (i.e., above the atmosphere, but before warheads had been deployed).

The ICBM flying over the Pacific was an American dummy designed to test a new kind of interceptor technology. As it flew, satellites spotted it and alerted an Air Force base in Colorado, which in turn communicated with a Navy destroyer positioned northeast of Hawaii. This ship, the USS John Finn, fired its own missile which, in the jargon, hit and killed the incoming one.

Censorship

Douglas Vincent Mastriano is a Pennsylvania State Senator. He’s also a retired United States Army Colonel.

Last week, he organized the State Senate’s Senate Majority Policy Committee hearing to uncover[] exactly what happened in the Keystone State regarding the just concluded Presidential and down ballot general election.  Never mind that the Committee heard testimony

from multiple witnesses who gave evidence of voter fraud in the 2020 elections….

Now State Senator Mastriano also is a Twitter Account Suspendee. After the hearing, without warning or explanation, Jack Dorsey’s Twitter suspended Mastriano’s account. His account wasn’t restored–again without explanation–until late Friday.

The Dangers of a Biden Judiciary

It’s well enough known that Progressive-Democratic Party Presidential candidate Joe Biden disdains the conservative nature—which is to say that of adhering to the actual text of our Constitution and any statute in a case—of the judiciary as populated by President Donald Trump (courtesy of Biden’s BFF, ex-President Barack Obama (D), who left so many judicial seats empty).

Now, it’s become especially crystalline. Here’s Cynthia Hogan, who was then-Vice President Biden’s counsel and earlier, then-Senate Judiciary Committee member Biden’s counsel:

Tech Company Protections

Tech companies, primarily Facebook, Twitter, and Alphabet, get nearly blanket immunity from responsibility for the content that’s published on their outlets. Section 230 of the Communications Decency Act, which was instrumental to their initial success, gives them that broad immunity, based on those companies’ initial status as agnostic pipelines that merely provided a place for disparate commentary to be promulgated.

Protected monopolies (vis., pre-breakup Ma Bell) gave government-sanctioned special, protective, treatment to selected companies in order to facilitate their initial success. There came a time when that protection no longer was warranted, and the protection was eliminated.

Too Much Deference

On Wednesday last, the Supreme Court enjoined Governor Andrew Cuomo’s (D) New York State administration from enforcing its gathering rule that had the effect of targeting, particularly, religious institutions and gatherings.

Much has been made of the ruling, Justice Neil Gorsuch’s concurring opinion, and Chief Justice John Roberts’ dissenting opinion.

Here’s the pertinent part of the ruling’s opening paragraph:

Respondent is enjoined from enforcing Executive Order 202.68’s 10- and 25-person occupancy limits on applicant pending disposition of the appeal in the United States Court of Appeals for the Second Circuit and disposition of the petition for a writ of certiorari, if such writ is timely sought.