Survey: Auto Bailout is Drag on GM Truck Sales

A consumer survey taken last week on behalf of the National Legal and Policy Center confirms that public disapproval of the auto bailout continues to dog General Motors, and is likely hurting pickup truck sales, a highly profitable segment of its line.

When 500 consumers in Texas were asked, “Would your decision to buy a specific brand of truck be influenced by whether that company received financial assistance from the federal government?,” 40.08% answered “absolutely.”  Another 11.75% responded “very likely,” and 10.60% responded “likely.” Thus, more than 60% said that the bailout would have some influence on their decision.

Only 23.89% responded “not too likely.”

Texas is the largest truck market in the country, with more sales than the next three states combined.

The release of the survey results comes amidst a major advertising campaign for GM’s full-size trucks – the Chevrolet Silverado and GMC Sierra – with significant visibility … Read More ➡

Durbin Misrepresented Daughter’s Plight in Floor Challenge to Cruz on Obamacare

DurbinSenator Richard Durbin (D-IL) deserves credit for engaging Senator Ted Cruz (R-TX) during the Cruz’s recent marathon speech critical of ObamaCare. The only problem is he misrepresented key facts about his now-deceased daughter’s heart condition, and her ability to receive coverage under health insurance plans.

Moreover, he did not mention that the hospital that treated his daughter Christine was the recipient of huge earmarks of taxpayer money that he arranged. One can assume that Christine was treated as a Very Important Patient. With the full implementation of ObamaCare, will political connections become increasingly important to getting expensive medical treatments, which will not be available to everybody?

As Charles Johnson in the Daily Caller writes:

Sen. Dick Durbin movingly described his sick child’s preexisting condition as a reason to support Obamacare last week, but the Illinois Democrat neglected to mention that his late daughter was easily covered by existing insurance, and that he

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Who Paid for Weiner’s Wedding?

Weiner and HumaCharles Johnson of the Daily Caller reports:

Anthony Weiner may have violated federal law when he failed to disclose his lavish six-figure wedding in his financial disclosure forms, says a government accountability group.

Ethics watchdog group National Legal and Policy Center examined the federal Financial Disclosure Reports for both Weiner and long-suffering wife Huma Abedin for 2010, the year of their wedding.

The cost for the ceremony was at least $100,000 but probably ran closer to $250,000 including all accommodations, clothing and extras. Neither Weiner nor Abedin had the resources to pay for the ultra-expensive wedding, yet neither recorded gifts on their Financial Disclosure Reports for that year.

Click here to read the entire article.

 … Read More ➡

NY Senator Sampson’s Missing Money

Isabel Vincent and Michael Gartland report in the New York Post today:

Embattled state Sen. John Sampson’s campaign filings are peppered with missing cash and phantom refunds, The Post has found.

In three cases, money paid by political action committees to Sampson’s re-election campaign from 2009 to 2012 does not show up on his records.

From the story:

“Since New York state Senator John Sampson was indicted last month on multiple federal charges of embezzlement, obstruction of justice, and making false statements to the FBI, the media is justified in taking a very close look at Sampson’s finances,” said Ken Boehm, chairman of the National Legal and Policy Center, a political watchdog group.”

“If Sampson’s political bookkeeping is off by tens of thousands of dollars, the public deserves an explanation.”

 

Related:

John Sampson Busted; He Also Got Loan From Fraudster Ed Ahmad

Queens Politics Paralyzed Amid Reports Read More ➡

IRS Expedited Tax Exemption for Obama Foundation While Stiffing Tea Party

In May 2011, the National Legal and Policy Center (NLPC) asked the Internal Revenue Service (IRS) to investigate the Barack H. Obama Foundation, which was soliciting tax-deductible contributions from the public although it was not tax exempt. The Foundation is named for Obama’s father and is based in Kenya. Its founder and chairman is Abon’go Malik Obama, whose father is also the father of President Obama.

The IRS not only failed to investigate, but in June 2011 it retroactively granted the Obama Foundation tax-exempt status. Click here to see the letter from Lois Lerner (in photo), Director of the Exempt Organizations division.

It appears that the Obama Foundation was treated quite differently from Tea Party and conservative groups seeking nonprofit status. Soliciting tax-deductible contributions before applying for tax-exempt status is against the law, and should have been an impediment, if not an outright disqualification, from being granted such status.… Read More ➡

I’ve Had My Last Cup of Starbucks Coffee

Starbucks coffee cupAt the Starbucks annual meeting on March 20, CEO Howard Schultz told a shareholder named Tom Strobhar to sell his stock if he disagreed with the company’s embrace of gay marriage.

Shareholders do have this prerogative. That is the beauty of securities markets. But the issue is not so simple. Institutional investors now own the majority of shares of publicly-held companies traded on U.S. exchanges. Many people own stock through mutual and pension funds, overseen by professional managers. As a practical matter, lots of Starbucks shareholders do not have the opportunity to easily sell their stock.

But there is a larger issue. Why is one of the world’s biggest and most widely admired companies taking sides on such a controversial issue? If Schultz can tell shareholders who disagree with him to take a hike, doesn’t this necessarily extend to customers, partners and employees? After all, these relationships are voluntary, too.… Read More ➡

New York Times Came to Us For Info on Menendez, Not The Other Way Around

Lipton photoThe New York Times has an article today titled, “Inquiry of Democratic Senator Started With Partisan Push.” The story by Eric Lipton describes our success in getting media coverage for our original research about Senator Robert Menendez (D-NJ) and his relationship with a major donor, Dr. Salomon Melgen. Lipton then states that to Menendez and his staff our work is “proof that the news media frenzy focusing on his actions to help a Florida eye doctor is at least in part a political smear.”

The only problem with this story line is that the New York Times approached us shortly before the January 29 FBI raid on Melgen’s eye practice in Florida and asked us if we had any information on Melgen. We did not seek to place it with any news organization because there was (and is) even more to the story, and we were (and are) still researching it.… Read More ➡

Sen. Menendez Denial on Permuy is ‘Howler of the Day’

Permuy photoYesterday, NLPC Chairman Ken Boehm questioned Senator Robert Menendez’ veracity after his office claimed that he did not know that his ex-aide Pedro Pablo Permuy (in photo) was involved with ICCSI, a company partly owned by his mega-donor Salomon Melgen. Menendez sought to pressure administration officials to support a contract for port security in the Dominican Republic that would have provided a windfall for Melgen.

In a Miami Herald story today, Marc Caputo reports:

Sen. Bob Menendez’s ties to a former Miami aide who could benefit from a controversial overseas port contract, which the Democrat pushed for, extend to an international business group that last year feted Spain’s king and the U.S. secretary of state.

Menendez and Pedro Pablo Permuy hold high-level posts on the United States-Spain Council, funded by major special interests — from ATT to Bacardi to Wal-Mart– as well as a little-known investment company of the

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SEC Nominee Mary Jo White Protected Corrupt Union Bosses in Teamsters Prosecution

Mary Jo White and ObamaMary Jo White is a poor choice to head the SEC. As a U.S. attorney, she demonstrated a lack of political independence and competence.

In the late 90’s prosecution of the Teamsters money landering scandal, White won several guilty pleas from low-level has-beens, but gave a pass to prominent union figures who played a key role in the Democratic political campaign of 2000, and every one since. The magnitude of White’s dereliction of duty can be seen in who was not prosecuted- Richard Trumka, Andrew Stern and Gerald McEntee.

In the 1996 Teamster election, incumbent President Ron Carey narrowly defeated Detroit union attorney James Hoffa, son of the legendary Teamsters boss Jimmy Hoffa. After the loss, the younger Hoffa’s operatives pored over Carey’s campaign disclosure documents and found evidence of serious wrongdoing by the Carey campaign. Carey’s campaign raised $538,100 through a series of schemes including some $885,000 in bogus … Read More ➡

The Fiscal Cliff and the Ethics of Capitulation

Obama and BoehnerThe more the media covers the “fiscal cliff” fiasco, the more perspective is lost. It is really quite simple. Because the Republicans unilaterally jettisoned their trademark  anti-tax stance, they will get nothing in return. The Democrats are not going to cut spending. In fact, the new tax revenues will fuel new spending, that will be leveraged into even more debt.

The pre-emptive Republican capitulation decoupled the tax issue from the spending issue, precluding any “Grand Bargain'” or even token spending cuts. The Democrats trademark stance of protecting social programs like Medicare and Social Security from cuts is intact.  Thus, Obama is off the hook. He will pay no political price with his own base, nor will he feel any pressure to provide leadership in averting national bankruptcy.

Republicans, on the other hand, have crossed their own base, with nothing to show for it. The GOP, which won control of the … Read More ➡