Today, we requested that the House Committee on Oversight & Government Reform undertake an “independent” investigation of the General Motors ignition switch recall delay, in light of newly obtained emails by lawyers suing GM.
Those emails suggest that the Treasury may have timed its final sale of GM shares to precede public knowledge of the ignition switch fiasco. They also cast doubt on GM CEO Mary Barra’s previous account of what she knew and when she knew it.
Here is the text of a letter I sent today to Rep. Jason Chaffetz (R-UT), in photo, the incoming Chairman of the Oversight & Government Reform Committee:
At a February 2010 Oversight Committee hearing on the risk from Toyota gas pedals, you asked a remarkably prescient question: “Does the government treat Toyota the same as it does all other automakers?”
Then-Secretary of Transportation Ray LaHood was unable to explain why the … Read More ➡
Global warming alarmists have spent time and money that spans decades and has cost billions of dollars, yet all their tactics and messaging haven’t moved the public-concern meter above “who cares?” So-called “climate change” does not even register near the top of environmental problems that most Americans worry about – much less among all policy issues – according to Gallup polling.
That doesn’t mean the fear-mongers have given up, of course, as the latest effort by environmental pressure group Ceres illustrates. The activist group – which exerts its influence via shareholder activism (claiming $10 trillion in assets) in pursuit of their definition of a “sustainable” global economy – last week sent a letter endorsed by 223 companies to President Obama, in support of EPA’s controversial proposed standard for existing power plants to limit carbon dioxide emissions. Some of the largest and most recognized corporations signed on, including Adidas, … Read More ➡
Loretta Lynch, who has been nominated by President Obama to replace Eric Holder as Attorney General, took part in a 2007 panel discussion at Duke Law School prompted by the Duke lacrosse rape case. Lynch’s comments provide insight into her mindset and raise unsettling questions about her commitment to equal justice and the rights of the accused.
The event took place on September 28, 2007. The wounds were still raw for members of the Duke lacrosse team, their families, and in a sense, the entire nation. That same month, Michael Nifong, the former District Attorney who had knowingly pursued false rape and hate crime accusations against three teammates, had been found guilty of criminal contempt of court.
The title of the session, moderated by Duke Law Professor Thomas Metzloff, was “The Practice & Ethics of Trying Cases in the Media.” On the panel with Lynch, who was identified as Loretta … Read More ➡
Loretta Lynch, President Obama’s choice to replace Eric Holder as Attorney General, has an especially weak record of investigating and prosecuting political corruption. Moreover, her longstanding ties to the New York political machine have limited her independence as a prosecutor.
Lynch, who currently serves as U.S. Attorney for the Eastern District of New York, has watched as Preet Bharara, the U.S. Attorney for the neighboring Southern District of New York, has prosecuted case after case. And Bharara would not have acted except for a slew of newspaper headlines about political corruption generated by the National Legal and Policy Center.
We conducted these investigations from afar, based primarily by an examination of public documents, without the benefit of tools available to prosecutors. Loretta Lynch had nothing to do with exposing all this corruption that was taking place right under her nose.
To his credit, Bharara is also investigating New York Governor … Read More ➡
The evidence continues to mount that General Motors has been less than transparent, if not outright culpable, regarding its ignition switch recall fiasco. As the death toll mounts (from the original 13 casualties reported by GM to the just revised 32 deaths) for victims involved in crashes of GM vehicles with defective ignition switches, new evidence has emerged that GM actually ordered replacement parts for the defective switches a full two months before they even reported a problem.
A Wall Street Journal article published on Sunday unveiled the damning evidence that GM placed an order for half a million replacement parts for defective ignition switches in mid-December of 2013. GM’s timeline of events points to February of 2014 as the time when they decided on recalling the vehicles. Mary Barra has stated that she was not aware of the issue until around that time, when GM notified the National Highway … Read More ➡
Today I sent the following letter to Dr. Gretchen Green, the Acting Chair of the National Women’s History Museum:
We ask the National Women’s History Museum (NWHM) to withdraw its planned award to General Motors CEO Mary Barra.
As you know, Barra is scheduled to receive the Katharine Graham Living Legacy Award on November 17 as part of your annual de Pizan Honors at The Mead Center for American Theater at Arena Stage in Washington, DC.
Barra has indeed made history – of the wrong kind.
Just three months ago, she sat in front of Congressional Committees and desperately tried to avoid answering questions about the negligence and cover up regarding an ignition switch defect. As Senator Kelly Ayotte (R-NH) said, “It goes beyond unacceptable. I believe this is criminal.” Senator Claire McCaskill (D-MO) said, “Even under the ‘New GM’ banner, the company waited nine months to take action after … Read More ➡
Every so often a General Motors’ truck owner forwards me their story regarding problems with brake line rust, a problem that executives at GM refuse to acknowledge. One recent such correspondence tells of one of the highest repair bills that I have heard of relating to corrosion and failed brake lines. Repairs were made to the vehicle after the owner narrowly avoided an accident as a result of failed brakes due to the corroded brake lines.
Marsha Joiner from Virginia sent me a copy of the invoice from her Manassas GMC dealership for repairs to her 2005 GMC Yukon. The whopping total for repairs directly related to corrosion from brake lines was a staggering $3,600. Her ordeal (along with other examples) has also been recently reported on by Consumer Affairs as they continue to be one of the few media outlets and consumer advocacy organizations that question the safety of … Read More ➡
It must be difficult for the Mom and Pop investor to make sense of General Motors’ recent earnings announcement and subsequent drop in share price. On Thursday morning, GM reported earnings that were trumpeted as being “impressive” by one major financial TV network. In fact, early in the day, headlines at the network stated that the entire market was being driven higher by strong earnings at GM and Caterpillar. That hyperbole came into question when GM share price dropped about 3% on a day that the broader markets were strong.
It was unfortunate for many investors who bought into the early hype and drove share price up pre-market. As is often the case on Wall Street, the little guy was at a disadvantage to the big guys who are more astute at filtering through the hype to get a clearer picture of the financial condition of publicly-traded companies. And when … Read More ➡
Today’s New York Post reports that Rep. Michael Grimm (R-NY), already under indictment, sought out and allegedly accepted campaign contributions in his initial 2010 race for Congress that exceeded contribution limits.
He asked for $10,000 donations from six people, when the legal limit for individual contributions is $2,400. The contributions were not disclosed on Grimm’s campaign disclosure forms, evidence that Grimm may have been aware that they were illegal.
From the article by Isabel Vincent and Melissa Klein:
“A candidate who tries to get others to solicit contributions far in excess of the legal limit raises big red flags,” said Ken Boehm, a former prosecutor and chairman of the National Legal and Policy Center, a Virginia watchdog. Not reporting donations, or funneling them through straw donors, is illegal.
Despite being a Republican, Grimm is close to Rep. Gregory Meeks (D-NY) of Queens, in photo with Grimm. According to a … Read More ➡