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04/21/2014 - 19:16

Bob KingThe United Auto Workers is a union that likes a good fight. But even its leaders recognize a lost cause - for now. This morning the union withdrew its appeal to the National Labor Relations Board challenging a secret ballot election held in mid-February that would have enabled it to represent workers at the Volkswagen assembly plant in Chattanooga. Despite having committed VW management to silence via neutrality agreement, the UAW lost by 712 to 626. The union immediately claimed the results were invalid due to undue interference by anti-union Tennessee public officials. On February 21, the UAW filed a request with the NLRB to overturn the vote. Yet today it dropped its suit.

328 reads
04/21/2014 - 09:18

crashed carGeneral Motors still has many questions to answer regarding the recall scandal that saw at least 13 lives lost in accidents involving vehicles with deadly ignition switch defects. GM waited over 10 years to recall the defective vehicles. The company now needs to answer for a seeming lack of compassion for the victims. GM initially blamed drivers of defective vehicles involved in fatal crashes by falsely implying that all of the accidents occurred while driving off-road.  

369 reads
04/17/2014 - 13:30

Obama and PerezIs paying someone an annual salary, as opposed to an hourly wage, a form of exploitation even if the work is identical? President Obama thinks it can be. On March 13, Obama issued an Executive Order directing the Department of Labor to draft a regulation to expand the eligibility of salaried workers on federal contracts to receive overtime pay. The threshold would rise from the current $455 a week to an estimated $970 a week; employees making less effectively would be converted to hourly status and paid at an overtime rate for work done beyond 40 hours in a given week. The president insists the issue is fairness. "Overtime is a pretty simple idea," he said at the White House ceremony. "If you have to work more, you should get paid more." Yet the issue isn't so simple.

1,117 reads
04/15/2014 - 15:35

SurveyToday we released the results of a new survey that reveals the majority of consumers believe General Motors deliberately tried to cover up the deadly recall delay of 1.6 million vehicles. The survey findings also show consumers believe the federal government bailout in 2009 allowed GM to avoid liability for the deaths, and has also helped the company avoid making necessary changes to improve its corporate culture and business operations. 

The survey, conducted on April 10, 2014 by McLaughlin and Associates, was released at the 2014 New York International Auto Show in the wake of GM CEO Mary Barra's testimony before House and Senate Committee hearings on the company's decade-late vehicle recall that is connected to 13 deaths and dozens of injuries.

677 reads
04/11/2014 - 18:55

BarraAccording to documents released today by the House Energy and Commerce Committee, General Motors CEO Mary Barra was made aware in 2011 of a steering loss defect in Saturn Ions that were not recalled until March 31 of this year, in apparent response to our request of March 19.

We made the recall demand after NLPC Associate Fellow Mark Modica found a glaring anomaly while examining documents on the National Highway Traffic Safety Administration (NHTSA) website. NHTSA had ordered a recall in March 2010 of Chevy Cobalts and Pontiac G5s for the steering loss defect but three years later had not yet ordered a recall of Saturn Ions, which have the same power steering system.

861 reads
04/10/2014 - 12:14

Countrywide signAlana Goodman of the Washington Free Beacon today reports that Michael Bright, a senior advisor to Sen. Bob Corker (R-TN) who was instrumental in crafting a bill to reform Fannie Mae and Freddie Mac, has a controversial background.

He worked as at Countrywide Financial from 2002 to 2006, and as a senior trader for Wachovia from 2006 to 2008. Countrywide was the center of a major financial and political scandal, and was a major contributor to the sub-prime loan crisis.

From the article:

1,050 reads
Ken Boehm
04/10/2014 - 11:23

Melgen MenendezIt took a lawsuit by the Wall Street Journal to pry loose information from the Centers for Medicare and Medicaid Services about which doctors get Medicare reimbursements.

An lo and behold, look who is topping the list. It is Dr. Salomon Melgen, Senator Robert Menendez' biggest donor, whose eye practice in Palm Beach, Florida has been twice raided by the FBI. Apparently, Melgen was the top recipient of Medicare reimbursements for the whole county. In 2012, he received more than $20 million. The news has put renewed scrutiny on Melgen and his relationship with Menendez, which is reportedly under investigation by federal law enforcement authorities.

816 reads
04/08/2014 - 20:31

Obama and SharptonThe Reverend Al Sharpton, anchorman, preacher, politician and shakedown artist extraordinaire, has led what can be viewed as a charmed life. A lengthy expose published yesterday on The Smoking Gun website (see pdf) provides some insight as to why. Starting in 1983, the New York-based civil rights activist, who 20 years later would run for president, allegedly worked for several years as an FBI informant so as to avoid prosecution for his own wrongdoing. In return for helping the feds root out organized crime from the entertainment industry, Sharpton has operated with near immunity. "The Rev" denies he worked as an informant, adding that the report simply rehashes "old news."

1,120 reads
04/08/2014 - 12:44

On April 1st, General Motors announced that they were having "computer system" issues and that their March sales figures would not be released until later in the day. The company eventually reported a year over year sales gain of about four percent versus an estimate of less than a one percent gain. This came as GM CEO, Mary Barra, was preparing to testify at hearings over the recent GM recall scandal which is reported to have contributed to at least 13 deaths. Coincidentally, GM share price had been taking a hit as well.

947 reads
04/07/2014 - 13:04

RangelWhat is it about Rep. Charles Rangel (D-NY) and real estate? From yesterday's New York Post:

State taxpayers were stiffed out of at least $87,000 when Rep. Charles Rangel stopped paying for the district office he rents in Harlem's Adam Clayton Powell Jr. State Office Building, records ­obtained by The Post show.

His staffers' excuse? They lost the lease, according to state Office of General Services correspondence.

924 reads
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