LearningMachine Posted January 2, 2021 Share Posted January 2, 2021 As investors, we sometimes might forget why we rely on financial statements of U.S. companies more than say those of Chinese companies. The reason is we have a strong independent judiciary that specializes in deciding credibility of evidence, and making decisions based on rule of law, and not subject to bribery or corruption. This is why we are able to have faith that our companies are not making false financial statements for the most part, and why we can rely on SEC cases to be decided based on credibility and logic, and that those who make false statements will be sentenced appropriately in criminal cases. This is also what keeps our democracy running. We should cherish our independent judiciary. It is sacrosanct. Here is a beautifully written logical order by a Trump appointed judge from today that folks might be interested in: https://www.courtlistener.com/recap/gov.uscourts.txed.203073/gov.uscourts.txed.203073.37.0.pdf. It also lays out the process that will be followed on January 6: Most relevant here, Section 15 requires both the House of Representatives and the Senate—by votes of their full membership rather than by state delegations—to decide any objection. Quote Link to comment Share on other sites More sharing options...
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