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07/27/2015 - 10:02

Boeing 787 DreamlinerIt appears – two years after Boeing had fire incidents from installed lithium ion batteries that shut down deliveries of its vaunted Dreamliner 787 – that its “solution” to “vent” heat and flames outside the aircrafts has prevented any catastrophes, so far.

But it hasn’t alleviated concerns about the batteries’ physics and makeup. Last week Boeing issued a warning to its airline customers to not carry bulk shipments of lithium-ions because if they catch fire or overheat, they’re unstoppable. A spokesman told the Associated Press that the manufacturer has advised airlines not to transport the batteries “until safer methods of packaging and transport are established and implemented.” Likewise, the FAA simultaneously stated that its research has found that carriage of lithium ion batteries “presents a risk.”

07/25/2015 - 14:27

New York State Senator John Sampson, a Democrat of Brooklyn, was convicted yesterday on three counts, including obstruction of justice. He was acquitted on six others, but the conviction should result in significant prison time. No date has yet been set for sentencing.

Between 1998 and 2008, Sampson allegedly embezzled approximately $440,000 from the foreclosure sales of four Brooklyn properties on which he was a court- appointed referee. The embezzlement charges were thrown out because the state of limitations expired. The charges on which he was convicted relate to the cover-up.

07/17/2015 - 17:06

Alana Goodman of the Washington Free Beacon today details how the Clintons pushed for a $10 million loan from the Overseas Private Investment Corporation (OPIC) to Clinton Foundation donor Claudio Osorio, who now sits in a federal penitentiary, serving a 12-year term for fraud.

The loan was rushed through and Osorio was never required to provide an audited financial statement. The loan was supposed to be for building houses in earthquake-ravaged Haiti, but Osorio instead used the money to fund a lavish lifestyle and to buy off politicians.

07/15/2015 - 17:38

“I want to make a difference” is a common statement of purpose for coming to work in the nation’s capital.  Al Sharpton, no stranger to Washington during the Obama years, wants to make a difference.  But given his track record, it will be the wrong kind.  Last Wednesday and Thursday, July 8-9, Sharpton, under the banner of his New York City-based nonprofit National Action Network, sponsored a “Legislative and Policy Conference” on Capitol Hill.  The well-attended event amplified his campaign to expand race-based affirmative action to uncharted areas of voting, sentencing, welfare reform and other policy areas.  A parade of guest speakers urged the audience to pressure Congress to act.  Like all of Reverend Al’s gambits, the campaign flies under the flag of “justice.”  But given the planned core activity – lobbying – he may be skirting the law.    

07/09/2015 - 12:51

In a follow-up to her recent story detailing how Cheryl Mills simultaneously served as State Department Chief of Staff and General Counsel of New York University, Alana Goodman of the Washington Free Beacon today reports that Mills helped arrange to have Hillary Clinton be the speaker at the 2009 NYU commencement.

The information about Mills' role in the commencement speech was contained in emails released last week by the State Department. From the article:

07/09/2015 - 10:44

It would appear that the insiders at General Motors do not have as rosy a view on the financial outlook for the company as they would have the rest of the public believe. The well-paid executives at GM sold out of another $2.8 million worth of shares in June according to Yahoo Financial statistics. Of course, the sales of shares are pure profits for the higher-ups at GM, considering that the elite group of executives receive millions of dollars’ worth of GM shares for free through stock options.

07/02/2015 - 10:49

Former New York Senator Malcolm Smith was yesterday sentenced to seven years in prison for bribery and related offenses. He was convicted in February. A former majority leader in the New York Senate, Smith was defeated for re-election in 2014.

Smith is the latest associate of U.S. Rep. Gregory Meeks (D-NY) headed to jail. Formal investigations of several New York politicians began in 2010 after the National Legal and Policy Center (NLPC) exposed corruption through stories in the New York Post, New York Times and New York Daily News.

07/02/2015 - 10:12

Elon Musk ModelSIt’s been six years since electric vehicle manufacturers enjoyed their windfall from U.S. taxpayers via the stimulus, but the thirst for subsidies, and pain from financial losses, have not waned.

The pursuit of government goodies continues apace for Tesla Motors, even more vigorously after the Los Angeles Times reported last month that CEO Elon Musk depends on more than $4.9 billion in corporate welfare for his companies, which also include SolarCity and SpaceX.

06/26/2015 - 09:43

General Motors seems intent on becoming the global leader in producing money-losing vehicles that attempt to compete with Tesla. The latest so-called Tesla Killer from GM is the Chevy Bolt and the hype is beginning with media articles such as With Jab at Tesla, GM Amps Up Chevy Bolt Promotion, Testing. GM shareholders need this latest sequel to the Tesla Killer series as much as movie aficionados need another sequel of Police Academy.

06/24/2015 - 12:34

Alana Goodman of the Washington Free Beacon details today how Cheryl Mills, one of Hillary Clinton’s longtime underlings, apparently collected a paycheck from New York University at the same time she was serving as Chief of Staff of the State Department. According to the article:

After joining the State Department in the beginning of 2009, Mills continued to serve as general counsel for New York University for several months. She also sat on the board of the “NYU in Abu Dhabi Corporation,” the fundraising arm for the university’s UAE satellite campus. The school is bankrolled by the Abu Dhabi government and has been criticized by NYU professors and human rights activists for alleged labor abuses.

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