Daily Bread for 2.23.21

Good morning.

Tuesday in Whitewater will be mostly sunny with a high of 40.  Sunrise is 6:38 AM and sunset 5:37 PM, for 10h 59m 56s of daytime.  The moon is a waxing gibbous with 83.5% of its visible disk illuminated.

Whitewater’s Finance Committee meets via audiovisual conferencing at 4:30 PM.

 On this day in 1957, American inventor Walter Frederick Morrison sells the rights to his flying disc to the Wham-O toy company, which later renames it the “Frisbee.”

Recommended for reading in full — 

Sarah Hauer reports Activist investors who believe Kohl’s has ‘chronically underperformed’ are trying to take over the company’s board:

Kohl’s Corp. stock rose 6% Monday after a group of activist investors who say the retailer has “chronically underperformed” announced it was trying to take over the company’s board of directors.

The group of investors owns about 9.5% of Kohl’s shares and has become the Menomonee Falls retail chain’s largest shareholder.

The investor group said in a letter sent to shareholders Monday that it has nominated nine candidates to Kohl’s 12-person board for election at the company’s annual meeting of shareholders.

Kohl’s stock closed Monday up 6.2%, at $55.97 a share.

The letter calls for electing the nine new members to the company’s board, arguing that current leadership has been slow to act in its efforts to overcome sluggish sales.

Mike McIntire reports Trump’s Tax Returns Aren’t the Only Crucial Records Prosecutors Will Get:

In addition to the tax returns, Mr. Trump’s accountants, Mazars USA, must also produce business records on which those returns are based and communications with the Trump Organization. Such material could provide important context and background to decisions that Mr. Trump or his accountants made when preparing to file taxes.

John D. Fort, a former chief of the I.R.S. criminal investigation division, said tax returns were a useful tool for uncovering leads, but could only be fully understood with additional financial information obtained elsewhere.

“It’s a very key personal financial document, but it’s just one piece of the puzzle,” said Mr. Fort, a C.P.A. and the director of investigations with Kostelanetz & Fink in Washington. “What you find in the return will need to be followed up on with interviews and subpoenas.”

 Jennifer Rubin writes Pundits are wrong. We don’t need a functional GOP:

It is no secret that modern conservatism, in large part a response to the Cold War, is ideologically spent. The Bulwark’s William Kristol got to the nub of it in a September post:

So perhaps we need to acknowledge that it has come to this: Real, existing conservatism as it exists in America in 2020 is an accomplice to, an apologist for, and an enabler of Trump’s nativist, populist, unconservative, and illiberal authoritarianism. …
[P]erhaps every political movement has a natural lifespan: Modern American conservatism was born in 1955, peaked in full flower in the 1980s, and then aged, mostly gracefully, for three decades. Until it could easily, if suddenly, be pushed aside in its dotage—forced, or induced, to surrender to its younger and stronger, if disreputable, distant relative.

If the Democratic Party were made up purely of devotees of Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.), one could see space for a center-right party. But contrary to GOP propaganda, that is not the case. A center-left nominee won the presidency. The Senate includes many moderate Democrats, including Warner, Joe Manchin of West Virginia, Kyrsten Sinema of Arizona and Robert P. Casey Jr. of Pennsylvania.

Perseverance Rover’s Descent and Touchdown on Mars (Official NASA Video):

Notify of

Inline Feedbacks
View all comments