The New York City mayoralty race is of really little interest to me, even though Manhattan’s my home town. In recent years it’s changed so much for the worse, I ignore it almost completely.
Nonetheless, it’s just about impossible to not know about the coming election whereas it attracts so much press and air time. And that leads into a quick comment for today. Because if the Republicans, or even another Democrat, can’t overcome a weasly pervert who needs major long-term mental therapy they really have to rethink their political philosophies and platforms completely.
And if his obvious derangement is preferable to what his opposition has to offer, there really has to be something significantly wrong with what that opposition puts forth. Because if somebody like this guy who’s been scraped off the bottom of some barrel, is preferable in any way shape or form to them, it clearly illustrates that even the lowest life-forms and most repulsive deviates are more politically attractive than they are. And it can't get more pathetic than that.
Moving on to another subject, the last few day's business news has focused on quarterly results, and especially earnings, of many of the nation’s top-rated public corporations.
In that regard, I’m not an analyst, market-maker or investor beyond any securities I might own for my own account. Therefore, my opinions are based solely on my own experience as someone marketing financial services to business operations.
The most popular services I've ever offered by far, have been equipment leasing and financing alternatives, providing needed equipment immediately while permitting pay-back in the future. Terms usually range from twelve months to as long as ten years, depending on the type of equipment involved.
I mention this today because when assessing the creditworthiness of potential customers, it’s essential to determine not only a businesses’ present financial condition, but also accurately estimate likelihoods for future paybacks made over time.
When projecting future financial condition, its not only imperative to analyze current profitability, but also to learn how all income was earned. Because increasing income doesn’t necessarily mean business growth or development. There are other ways for gaining profit, which is key for today’s subject.
While it seems to me that many of the businesses now reporting results are showing better than expected bottom lines, many are obtaining those improvements from increases in operating efficiencies, streamlining systems and ever-improving budgeting management. But they’re not necessarily increasing sales significantly or demonstrating extraordinary top-line growth.
I believe that to be extremely important because, sooner or later, there’s only so much businesses can do to increase efficiency. Which means that unless additional revenues are derived from sales, or other forms of income exist, businesses stagnate, forcing many to shrink, merge or close.
So, I’m not by any means suggesting that there’s any kind of major reversal ahead for any particular businesses or the economy in general. I’m only recommending that before accepting what may be seen as, or promoted, as indications of growth or improvement, do some homework to find out what the truth really is. Because if you don't, there may be some very unwelcome surprises down the road.
That’s it for today folks.
Adios
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