Tag Archives: X

When The Courts Are Out Of Control

Posted on by

On Friday, Newsmax reported that Walmart is considering leaving Delaware as the state of its incorporation.

The article reports:

Walmart is among the latest and biggest companies considering leaving Delaware as its location of incorporation.

A small group of corporate attorneys last month told Delaware legislators that blue-chip companies including Walmart were considering moving their corporate legal residences out of the state, Semafor reported.

The news is said to have Delaware’s political and business leaders reeling.

The small state of Delaware with just over 1 million people derives more than one-third of its state budget from corporate legal fees, not to mention the far greater impact corporation business has on the economy.

There is a reason for this exodus:

Billionaire Elon Musk began the corporate stampede when he moved multiple companies out of Delaware, including Tesla, SpaceX and Neuralink.

The move came after Delaware Chancellor Judge Kathaleen McCormick, a Democrat, ordered Musk to give up a compensation package valued at $55.8 billion, though it was twice approved by shareholders.

The ruling followed McCormick’s January 2024 decision that called the Musk pay package excessive and rescinded it.

The move surprised investors and cast uncertainty of the state’s long-held position as a neutral corporate arbiter.

Despite painting Musk’s compensation as greedy, McCormick did award the trial lawyers who sued Musk a staggering $345 million for their legal filings.

At issue for Musk, Fortune 500 CEOs and entrepreneurs across the U.S. is that the Delaware Court of Chancery has become a haven for shareholder lawsuits and left-wing judicial activism.

Musk was not happy with McCormick’s ruling and took to X, writing, “Shareholders should control company votes, not judges.”

Another Musk repost stated: “Things to do in Delaware: 1) Leave.”

Musk has also urged other companies to quit Delaware as well.

“Never incorporate your company in the state of Delaware,” Musk wrote on X.

The courts should not be able to override the wishes of the stockholders in a privately held company. Actions have consequences.

The End Of The Matt Gaetz Appointment

Posted on by

This is the statement Matt Gaetz posted on X:

I had excellent meetings with Senators yesterday. I appreciate their thoughtful feedback – and the incredible support of so many. While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition. There is no time to waste on a needlessly protracted Washington scuffle, thus I’ll be withdrawing my name from consideration to serve as Attorney General. Trump’s DOJ must be in place and ready on Day 1. I remain fully committed to see that Donald J. Trump is the most successful President in history. I will forever be honored that President Trump nominated me to lead the Department of Justice and I’m certain he will Save America.

I have no doubt that Matt Gaetz would make a great Attorney General. I also would not be surprised if there were some skeletons in his closet. However, I would challenge anyone to find three people in Washington without skeletons in their closet. I am disappointed that he is dropping out. Had the Republicans united behind him as one of President Trump’s picks, he would have been approved. Even when their candidate wins the popular vote and the Electoral College, the Republicans forget that they have a spine.

As Don Surber recently stated:

The big hubbub in DC is over Trump’s selection of Matt Gaetz as his attorney general, who does not meet Washington’s standards.

Those standards include Eric Holder who openly defied a congressional subpoena, Loretta Lynch who discussed Hillary’s case with Bill in plain sight days before the dropping all charges against his wife, and the detestable Merrick Garland who jailed hundreds of Trump supporters.

DC fears retribution for a decade of prosecutorial persecution of Trump and his team.

Pam Bondi has been nominated as Attorney General. Hopefully the deep state will not be successful in ending that nomination. If Republicans continue to cave to unproven scandals, the unproven scandals will continue. It should be noted that the Justice Department investigated Matt Gaetz for years and never filed charges. Do you think they would have filed charges if they had a case?

Foreign Election Interference

Posted on by

On Thursday, The Conservative Treehouse posted an article about British efforts to influence the upcoming presidential election.

The article includes this screenshot:

The article notes:

[SOURCE – LINKEDIN]

The left-leaning Labour Party won a majority in the Parliament in July, toppling the Conservative government and making Labour leader Keir Starmer the new prime minister.

In a post originally published on LinkedIn calling for more volunteers, Sofia Patel, head of operations for the Labour Party, wrote, “I have nearly 100 Labour Party staff (current and former) going to the US in the next few weeks heading to North Carolina, Nevada, Pennsylvania and Virginia.”

“I have 10 spots available for anyone available to head to the battleground state of North Carolina – we will sort your housing,” she added. (read more)

GB News reported, “Confirmation of a Labour campaign push raises doubts about the Prime Minister’s previously neutral stance on the 2024 US Presidential Election.”

It is worth remembering the British intelligence operation (Secret Intelligence Service (SIS), commonly known as MI6) was at the center of the Trump-Russia collusion conspiracy in 2016.

This is not acceptable.