NLPC “blows the whistle” on government officials and interest groups engaged in questionable activities. NLPC has filed formal Complaints with a variety of authorities and regulators, including the Federal Election Commission, the Internal Revenue Service (IRS) and Congressional Ethics Committees.
NLPC supports government integrity in two additional ways: by promoting the First Amendment as the basis for campaign finance reform, and by promoting use of the Freedom of Information Act (FOIA).
According to Toyota Vice Chairman Takeshi Uchiyamada, “Because of its shortcomings – driving range, cost and recharging time – the electric vehicle is not a viable replacement for most conventional cars; we need something entirely new.” Uchiyamada is considered the “father of the Prius.”
An article by Reuter’s exposes the limitations of EVs and focuses on Toyota’s, along with Nissan’s, change in strategy, which is now moving away from EVs. Even the most ideological and extreme green energy proponents and backers of the Chevy Volt will have to open their eyes to the sad truth uncovered by the latest report.
January’s dismal numbers for Chevy Volt sales may give a clue as to how successful (or not) President Obama will be in reaching his goal of having a million electric vehicles (EVs) on American roads within the next few years, a goal that is increasingly becoming unlikely. It also gives us a glimpse into a bizarre strategy General Motors has had by focusing so strongly on plug-in cars while they lose market share elsewhere. The numbers are in, and GM can proudly say that they are the market leader in an insignificant field with a paltry 1,140 Volts sold in January. The best selling passenger car on the road, the Toyota Camry, sold 31,897 during the month, giving an indication of how illogical GM’s misguided focus has been.
GM’s lame reasoning for the post-election lows (actually, the lowest since February of 2012) for Volt sales is that consumers pulled sales … Read More ➡
NLPC Chairman Ken Boehm commented on the new allegations against Senator Robert Menendez (D-NJ) in a report on the NBC Nightly News on Saturday. Here’s a transcript:
Lester Holt: Back in this country, Democratic Senator Bob Menendez of New Jersey has come under scrutiny for his relationship with a wealthy Florida doctor who was a big donor to the Senator and to other Democratic causes. NBC’s national investigative correspondent, Michael Isikoff, has more tonight.
Senator Bob Menendez: This hearing…
Michael Iiskoff (voice-over): Just as Senator Bob Menendez takes over the powerful Senate foreign relations committee…
Senator Bob Menendez: …will come to order.
Michael Iiskoff: …the spotlight has come to this, FBI agents in Florida hauling away boxes from the offices of one of his top political fundraisers, Salomon Melgen. Law enforcement sources tell NBC News a wealthy eye doctor who, with his family has … Read More ➡
Ever since the spotlight was placed on Dominican-born eye doctor Salomon Melgen and his large campaign contributions to Senator Robert Menendez (D-NJ), the question for us has been “What has Menendez done for Melgen?”
We believe that we have answer. After an extensive review of publicly available documents that link the two men, the answer relates to unusual actions on behalf of a port security company known as ICSSI.
Two years ago, Dr. Melgen, despite an apparent lack of experience in border security issues, bought an ownership interest in a company that had a long-dormant contract with the Dominican Republic to provide port security. Mr. Menendez, who is chairman of the Senate subcommittee that holds sway over
Boeing has worked on the 787 for 10 years or so, with an ample amount of time to determine what kind of battery technology would be functional with the “super-efficient” jet with “exceptional environmental performance.” Had the Chicago-based manufacturer –and its airline customers – concerned themselves more with achievable plans that built on proven fossil-fuel designs and economic sensibility rather than appeasement of environmental activists, and the accompanying millions of dollars in government subsidies for such, they might not be burning through millions of dollars in costs and lost productivity due to idle airplanes … Read More ➡
A watchdog for the government’s bailout program, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), has hit the US Treasury Department with a hard combo of critique regarding some of the Administration’s actions since pumping billions of taxpayer dollars into bailed-out companies like General Motors and Ally Financial (formerly known as GMAC). SIGTARP issued a report lambasting Treasury for allowing excessive pay for executives at GM, Ally Financial and AIG and followed that with statements that scrutinized Treasury’s continued refusal to exit its stake in Ally Financial, which is currently 74% owned by the government.
The Detroit News quotes the SIGTARP report as stating, “While taxpayers struggle to overcome the recent financial crisis and look to the U.S. government to put a lid on compensation for executives of firms whose missteps nearly crippled the U.S. financial system, the U.S. Department of the Treasury continues to allow excessive … Read More ➡
The authorization was the final major hurdle needed to complete the transaction. A123 had been granted $249 million to refurbish two plants in Michigan for battery production, another $30 million as a subcontractor for another stimulus-funded wind energy storage project, and various other grants and contracts by state and federal governments. But A123’s executives, while making sure their own bank accounts were well-taken care of, ran the company into the ground and now Wanxiang will reap whatever technology value is left, for cheap.
“We’re pleased the government has completed its review and provided us with the go-ahead to finalize this transaction,” said Pin Ni, president … Read More ➡
Now that he’s been forced out as chairman and CEO of Duke Energy, James Rogers is apparently looking for something else to do, and may now be more receptive to the idea of becoming President Obama’s next Secretary of Energy.
The new speculation, primarily from the Charlotte Business Journal, which is based in Duke’s home city, arose following an interview that Rogers did with Bloomberg News while at the World Economic Forum in Davos, Switzerland. Whereas Rogers used to routinely dismiss suggestions that he might be up for a cabinet post, when asked this time by Bloomberg reporter Tom Keene what he would bring to the job if the president asked him to serve, he was unhesitant.
“What I would bring is someone that’s been in the industry a long time and understands the importance of getting the balance right between cheap, affordable energy and meeting our … Read More ➡
The crisis that has enveloped Boeing over the grounded Dreamliner, at a cost of billions of dollars in losses in addition to what has already been “invested” in it— voluntarily by its owner/investors and coercively from taxpayers – exemplifies perhaps more than any other redistributionist corporatism scheme why government intervention is more headache than help.
Pass the industrial-strength Excedrin.
Of immediate concern to the Chicago-based jet-manufacturer is the lithium-ion battery that powers so many of the 787’s critical functions. Two instances of “thermal runaway” on Dreamliners’ owned by Japan-based airlines caused that country, and the U.S. Federal Aviation Administration, to suspend their use pending investigations. Other flaws since July such as cracked engines, damaged cockpit windows, and fuel leaks have compounded concerns.
But the scare factor surrounding the battery is the biggest deal.
“This is an unprecedented event,” said Deborah Hersman, chairwoman of the National Transportation Safety … Read More ➡
Mary 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 ➡