To our stockholders:
It is time once again for our annual report from the Sludge Energy Co., and a good report it is. As your CEO, COO and CFO, I can assure you that your investment with this firm is in good hands. Oh, sure, like every company in the oil, gas and nuclear power industry we have had our ups and downs. This past year was mostly down, but expect a quick turnaround as soon as the SEC, not to mention the FAA and FEC, complete their silly investigations. Our former treasurer has turned state’s evidence, his bookkeeper is under the Federal Witness Protection Program and our auditor has disappeared, along with last quarter’s earnings. I think we can safely say that it’s the fault of the liberal media.
This brings us to the current political situation. As you know, I have been a Trump man ever since he got elected. His administration has no greater friend than Sludge – and vice versa. The Trump Justice Department has put a brake on those ridiculous indictments left from the Obama administration over price-fixing, embezzlement and that mysterious warehouse fire that destroyed all of last year’s records. The FBI has called off its investigation since most of the agents have been fired. Then there is the IRS. As I told their top officials at a $10,000-a-plate fund-raising dinner for “Trump in 2020” at a Chili’s in League City, Trump’s new tax bill is a refined idea, especially for those of us who own refineries, as the Koch brothers say. We’ve been told that the new tax plan gives great cuts to the wealthy. And I say, “What about Hillary and Benghazi?” No, the President does not need to release his income tax forms as other Presidents have done ever since we had income taxes, despite what he promised. So what? Trump also promised to build a wall and have Mexico pay for it. Can he help it if the Mexicans don’t keep his promise?
The Labor Department has seen the light and no longer plans to take action against the company’s $2-an-hour minimum wage. OSHA is still smarting about a few accidents in the workplace, but as we successfully explained, most of our employees are healing quickly, and should be back of the job within months. As for ICE, its agents have been working overtime under this new administration, although our friends in the Deep State have agreed to give us a 30-minute notice before any raid. Our contract with the Pentagon to furnish fuel for dirigibles has been renewed, even though the backlog has been growing.
Our best news is about the EPA, those nosey tree-huggers who keep finding fault with our refineries, toxic dump sites and tar pits. Just because we are a founding member of FOS, Friends of Smog, we have been hit with meaningless fines and reprimands over a few minor acid spills plus an entire nearby neighborhood being razed after one tiny plant malfunction. As I explained to EPA inspectors over a three-martini lunch with a few going-away presents, it’s all about jobs – jobs for EMS workers, jobs for lawyers, jobs for funeral homes and the accompanying florists. They understood. Congress is also co-operating by doing nothing. The Trump administration doesn’t believe in the myth of global warming, nor do I or any other member of the tea party. The glaciers are still there. True, some are now floating just off Long Island, but they should melt within a month. And I really agree that there are too many polar bears, don’t you? Despite the Texas Congressional delegation being called “moribund,” “worthless” and “inconsequential,” by the elite news media, they are excellent in obeying our orders and receiving campaign contributions, if you get my drift. Notice how, after Hurricane Harvey, our members of Congress got FEMA to spring into action. Well, they will by next spring.
On the state level, our legislature is going to meet again next year and will no doubt be as productive as last year in supporting lower taxes, fewer regulations dealing with fracking, pay-day lending and truck safety. With that irritating Speaker Joe Strauss gone, the state lawmakers can continue to cut funds for frivolous expenses such as education, public health and clean water. Oh, and momentum is gathering to bring back chain gangs. Every poll shows most Texans are more concerned about transgender bathrooms in our schools than about the schools themselves, teacher’s pay and classroom size. The poll was taken by Every.
There has been some, well, a lot – of criticism about our jacking up the price of gas to the consumer. We had to raise prices in May and June because the summer driving season hit, with all the families piling into their gas-guzzling SUVs to visit grandma before she lost her Obamacare.
Then came fall, and northerners needed heating oil for their furnaces, so supply and demand took over and we had to raise prices again.
Christmas shoppers put a drain on worldwide fuel supplies, as did New Year’s party-goers. We all know how trouble in the Middle East caused a shortage of oil, then came Hurricane Harvey which ate up vast amounts of diesel for National Guard rescue vehicles. Otherwise, prices held steady.
Many of you have been wondering about the sexual harassment charges made against executives in Sludge Oil. Nonsense. I have visited our plants, warehouses and outhouses many times. If a 60-year-old, bald, five-foot-three, 200-pound sex symbol can’t get sexually harassed, who can?
I have hired the Weinstein, Rose & Lauer law firm, even though those accusations from disgruntled employees leave me no choice but to have them de-gruntled. About those rumors that we are doing business with Russia despite sanctions against its billionaire leadership, they are lies. We are dealing with a reputable company in the Cayman Islands, Vodka Oil & Oligarchy. Finally, I will explain my ankle monitor in the next annual report.
Ashby’s stock is at ashby2 comcast.net