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11/04/2011 - 12:54

Back in April of this year I wrote about the covert bailout that was buried in the Obamacare bill which gives $5 billion of taxpayer money to unions, states (for public employees) and corporations for health care coverage for retirees aged between 55 and 64. The program is called the Early Retiree Reinsurance Program or ERRP. The UAW is the largest single beneficiary, receiving over 200 million dollars. General Motors also gets a piece of the pork with about a 20 million dollar cut. A recent report by the Washington Examiner identifies early retirees (many of whom are being paid over $100,000 a year in pension payments) of the California Public Employees Retirement System (CalPERS) as the other top recipient of about 200 million dollars.

2,241 reads
11/04/2011 - 12:37

CrackerBarrelIf you were going to run a pilot project that deploys charging stations in a network to enhance the use of electric vehicles, what kind of establishments would you locate them at? Whose customers might be most interested in that amenity?

Certainly Starbucks comes to mind, as might sustainability-crazy Walmart – but how about Cracker Barrel?

5,092 reads
11/03/2011 - 18:05

Schumer photo"Jobs that Americans won't do" is a weak, if common rationale for high levels of immigration. Get set for an equally dubious idea to justify immigration: "housing that Americans can't buy." Senators Charles Schumer, D-N.Y., and Mike Lee, R-Utah, are believers. And they're offering a sweet deal. On Thursday, October 20, the two lawmakers unveiled legislation, the Visa Improvements to Stimulate International Tourism to the United States of America Act, or VISIT-USA Act (S.1746), one of whose elements would provide renewable three-year resident visas to foreign nationals who invest at least $500,000 in residential real estate here. The plan thus assumes both the need for a housing industry bailout and a large injection of foreign capital toward that end. Supporters should spend some time pondering the downside.

6,347 reads
Ken Boehm
11/03/2011 - 13:26

Meeks photoOn October 28, NLPC filed a formal Complaint with the Federal Election Commission (FEC) against Rep. Gregory Meeks (D-NY), his campaign, and his "leadership" political action committee called Build America PAC.

The Complaint alleges that Stanford Financial Group made illegal, in-kind contributions to Meeks' campaign for a 2008 fundraiser in the Virgin Islands. The event was hosted by R. Allen Stanford, who is currently in prison awaiting trial for charges related to his multibillion-dollar Ponzi scheme.

2,344 reads
11/03/2011 - 09:18

United jet photoU.S. airlines are addicted to the concept of nickel-and-diming customers for each additional cost they can pass along, from baggage fees, to food, to fuel, to imperceptibly “better” seats.

But for some reason they are upset about a European Union plan to charge them for their carbon dioxide emissions on flights going to and from EU countries, despite the fact that all the U.S. carriers who have complained about the EU plan boast about their strategies to lower their “carbon footprint.” USA Today reports that the scheme, beginning next year, could raise round-trip ticket prices to Europe by as much as $30.

2,527 reads
11/02/2011 - 09:20

Akerson and Volt photoGeneral Motors has staked much of its credibility on the Chevy Volt. GM has a goal of selling 10,000 of the vehicles in 2011 and is only about half way there with two months remaining. Ad spending seems to have ramped up faster than sales though with much of GM's marketing dollars going towards Volt commercials while only 1,108 of the vehicles sold in October. I can't remember ever seeing as many TV ads for a vehicle that has sold in such low numbers. Despite the low proportionate sales to hype ratio for the Volt, sites like Mother Nature Network are proclaiming success for the Volt with the headline reading "October was a great month for Chevy Volt Sales."

3,009 reads
11/01/2011 - 11:50

Jim Rogers photoThe Indianapolis Colts’ loss of future Hall-of-Fame quarterback Peyton Manning (neck surgeries) has led to a winless (0-7) season so far, which places the team in the lead for the No. 1 overall pick in next year’s NFL draft. By unanimity football experts project Stanford University quarterback Andrew Luck – considered by many the best to emerge from the draft in many years – to be the top prize, so the “competition” to fail in order to attain the top choice has been deemed the “Suck for Luck” sweepstakes.

4,286 reads
11/01/2011 - 10:58

Rush Coca-Cola graphicYesterday, Rush Limbaugh criticized Coca-Cola's polar bear campaign as "idiotic," based on a posting on this website by NLPC Associate Fellow Paul Chesser. Rush's commentary appears below. The sections in bold below were read verbatim from the posting.

4,748 reads
10/31/2011 - 09:26

white Coke canFor years Coca-Cola has given millions of dollars to eco-extreme group World Wildlife Fund, whose alarmism and perpetration of falsehoods are unmatched among its cohorts in climate activism. Now Coke has initiated a new campaign with WWF that features its iconic advertising species in an effort to drive more funding to the international nonprofit group to “protect the polar bears’ Arctic home.”

12,437 reads
10/28/2011 - 11:40

Laura Richardson photoThe 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.

1,867 reads
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