Submitted by NLPC Staff on Tue, 12/20/2011 - 18:19
Last night on Neil Cavuto's show on Fox News Channel, NLPC Associate Fellow Mark Modica discussed disappointing sales of the Chevy Volt, and GM's apparent goosing of sales figures through fleet sales. Here's a transcript:
Submitted by NLPC Staff on Fri, 12/09/2011 - 09:01
Yesterday, former Illinois Governor Rod Blagojevich was sentenced to 14 years in prison for, among other things, attempting to "sell" the US Senate seat that was once held by President Barack Obama. Blagojevich's punishment comes on the heels of the U.S. House Ethics Committee's decision to continue its investigation into Congressman Jesse Jackson's role in the same scheme.
Submitted by NLPC Staff on Thu, 11/10/2011 - 11:11
Has Julius Genachowski, the Chairman of the Federal Communications Commission (FCC), met his match in Senator Charles Grassley (R-Iowa)? Genachowski, a buddy of President Obama from Harvard Law School, has brought a culture of wheeling and dealing to the FCC, on whose decisions billions of telecom dollars often ride.
Grassley says that he will hold up two nominations for the Federal Communications Commission (FCC) until the Commission provides documents that he has requested relating to LightSquared, a broadband company owned by the Harbinger Capital hedge fund.
Submitted by NLPC Staff on Fri, 10/28/2011 - 11:40
The House Ethics Committee may soon conduct a complete investigation of Congresswoman Laura Richardson (D-CA). She has been under investigation for some time now for allegations that her staff undertook political activities while working on government time.
As reported this week by John Bresnahan in Politico, Ethics Committee staff members have been looking into potential Richardson violations since last year. At isssue is whether some of Richardson senior staff pressured subordinates to work on her reelection campaign matters during official time. This is against House rules and federal law.
Submitted by NLPC Staff on Thu, 10/27/2011 - 09:58
Accusations of corruption directed against the late Congressman John Murtha (D-PA) look like they were true. Recently released files seem to confirm that the Federal Bureau of Investigation suspected that Murtha schemed to route federal dollars to bogus companies and other operations that would benefit his friends and former employees and ultimately his own campaigns.
Submitted by NLPC Staff on Thu, 10/13/2011 - 13:03
Paul Pelosi, husband of House Minority Leader Nancy Pelosi, will reportedly make millions of dollars from a previously undisclosed real estate venture in Mrs. Pelosi's home state of California. Mr. Pelosi is a real estate developer and an investment banker and entered into this project with the father of the current Ambassador to Hungary, as reported by The Washington Times earlier this week. Mrs. Pelosi helped the ambassador secure her the post.
Submitted by NLPC Staff on Thu, 09/29/2011 - 16:15
Today we filed Freedom of Information Act (FOIA) requests with the Labor Department, its Wage and Hour Division, and the Internal Revenue Service (IRS). We ask for all third-party communications related to this week's signing of a Memorandum of Understanding (MOU) between the two agencies and eleven state governments.
The MOU is the basis for a crackdown on employers who allegedly misclassify employees as independent contractors, but the action appears calculated to assist the Laborers International Union of North America (LIUNA) in a campaign directed at the nation's homebuilders.
Submitted by NLPC Staff on Thu, 09/01/2011 - 17:58
Rep. Andre Carson (D-IN), the second Muslim to serve in Congress, has created an enormous controversy by following Rep. Maxine Waters' (D-CA) lead and lashing out at the Tea Party and its supporters in Congress.
Carson told a meeting of the Congressional Black Caucus (CBC) and some of its supporters last week in Miami that, "some of them in Congress right now, of this Tea Party, would love to see you and me...hanging on a tree." He also stated that some members of Congress would like to see blacks as second-class citizens.
Fans of the federal govern ment's auto bailout will push the "GM comeback" story at this week's New York International Auto Show. Good luck with that one.
Taxpayers still own about 26 percent of GM, and it looks increasingly unlikely that they'll ever get their money back: The share price would have to rise to more than $54, and it's stuck in the low thirties. Here's why: