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06/06/2011 - 14:50

A report on the Businessweek Web site Thursday illustrated how Chevrolet, General Motors’ subsidiary which gets most of its media love these days over the hyper-sensationalized electric Volt, is building its “Green-cred” in ways other than by the vehicles it manufactures.

But just as with the tax credit program for the Volt, in which dealers were discovered to be selling the vehicles to other dealers who then claim the $7,500 credit for themselves, all is not what it appears to be.

06/03/2011 - 11:19

Here are my remarks delivered today at the Walmart annual meeting in Fayetteville, Arkansas in favor of our shareholder proposal that asks for a report on the business risks of climate change:

Mr. Duke, I have some good news for you. You can stop worrying about global warming. The seas are not rising. The sky is not falling. And Al Gore has found a new role - as that crazed sex poodle.

06/03/2011 - 10:26

GM logoToday's jobs' report raises worries that the US may be headed for a double dip recession. Jobs creation was much lower than expected and the unemployment rate rose to 9.1%. And where is President Obama? Traveling to Ohio to brag about how many jobs were saved by spending billions of taxpayer dollars to bail out the auto industry. Oh well, Nero fiddled, Obama campaigns. While Obama tries to convince the majority of people who will be voting in 2012 that auto bailouts are a wonderful thing, individual investors in General Motors should consider the specific risks the company faces if the economy does not improve.

Ken Boehm
06/02/2011 - 18:27

The Department of Education today released its highly controversial rule tightening regulation of for-profit trade, technical and career colleges. While the final regulation was softened from the initial proposed rule, it still is a textbook example of a flawed regulation created by an unethical process.

There are four solid reasons why this regulation should not be allowed to take effect.

06/02/2011 - 08:11

General Motors shares fell 5% on Wednesday after May auto sales figures were reported. Most auto manufacturers were hit as sales for the industry fell pretty much across the board. Excuses for the industry shortfall ranged from higher prices for vehicles to Japan parts shortages. GM cannot claim the latter, since they earlier declared that there were no issues with parts supplies. The one telling statistic on GM is one that was not reported in most of the media coverage, which was the fact that incentives at the automaker were, once again, well above industry averages.

06/01/2011 - 15:42

Union demonstrators in WisconsinThere is nothing unusual about a judge invalidating a law on procedural grounds. But the ruling last week overturning Wisconsin's new law restricting collective bargaining rights for state and local government employees might even fall short on a technicality test. Supporters of embattled Republican Governor Scott Walker are saying as much in the wake of Dane County (Madison) Circuit Judge Maryann Sumi's decision last Thursday, May 26 that the conference session to move the legislation to a full-floor Senate vote this March violated the state's Open Meetings Law.

05/31/2011 - 15:43

Chevy Volt photoAutomobilemag.com reports that General Motors has responded to my report questioning whether dealerships are gaming Chevy Volt tax credits. Chevy Volt spokesperson, Rob Peterson, states that "NLPC is confused." He then goes on to confirm that the dealerships purchasing Chevy Volts and reselling them as used vehicles are entitled to the $7,500 tax credit. Clearly, it is GM that is confused, considering that this was the main point of my report.

05/30/2011 - 12:18

On Friday night, I discussed the appearance that GM dealers are gaming the Chevy Volt tax credit on Fox Business Network's "Follow the Money" show with Eric Bolling. Here's a transcript:

05/26/2011 - 18:26

According to a report in USA Today, venture capitalists are throwing tons of money into clean and “Green” technology companies. In fact, investor Alan Salzman of VantagePoint Capital Partners says, “It's not alternative: We think of it as mainstream."

How mainstream? The newspaper says:

Several venture capitalists interviewed say it could be hundreds of billions of dollars — if not more — when adding up various slices, such as wind (estimated $60 billion) and solar ($20 billion to $30 billion).

05/26/2011 - 16:11

Doctors in conferenceWhen President Obama in March 2010 signed the Patient Protection and Affordable Care Act (P.L. 111-148), the nation's most expensive social legislation in decades, he announced, "The bill I'm signing will set in motion reforms that generations of Americans have fought for and marched for and hungered to see." Yet what the law seems to have set in motion is a rush to obtain exemptions from group coverage requirements.

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