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03/11/2011 - 11:37

Ceres logoEnvironmental pressure group Ceres, whose primary activity is to drive corporations to report their greenhouse gas emitting activities and disclose climate risk in their Securities and Exchange Commission filings, recently released a report that outlines exactly what companies should be disclosing.

4,269 reads
03/10/2011 - 21:37

Pete Kasperowicz of The Hill reported yesterday:

Rep. Charles Rangel (D-NY) on Wednesday said the federal government is not broke, and that Congress should not begin cutting programs in the way that Republicans have proposed.

"Make no mistake about it, we're not broke," Rangel said in a floor discussion with Rep. John Garamendi (D-Calif.) "It wasn't that we overcompensated public employees. They didn't cause this deficit."

3,243 reads
03/10/2011 - 21:09

Scott WalkerWisconsin Senate Democrats can come out of hiding. Yesterday evening, an all-Republican Senate passed by an 18-1 margin a plan by GOP Governor Scott Walker to restrict public-sector union bargaining rights. The bill, stalled by Democrats who fled the state to block a mandatory quorum, today went to the GOP-controlled Assembly, which approved the measure a few hours ago by 53-42.

3,676 reads
03/10/2011 - 20:53

Part 4: GM by the Numbers

Last week, the Volt, GM's signature hybrid vehicle, turned in a lackluster performance in its first series of road tests by Consumer Reports.  CR told Reuters on Monday that "when you look at the finances, [the Volt] doesn't make any sense."  The publication went on to note that the Volt was "not particularly efficient as an electric vehicle and not particularly good as a gas vehicle... This is going to be a tough sell to the average consumer."

4,698 reads
03/10/2011 - 20:36

Part 3: GM by the Numbersincentive chart

Famed investor Warren Buffett once said, "If you have to have a prayer session before raising prices by ten percent, then you've got a terrible business." So, what does it mean if your business is slashing prices month over month through discounts and other incentives? Take a look at this graph.

3,793 reads
03/05/2011 - 09:57

According to a report by Irene Cornell of WCBS radio in New York City:

Congressman Charlie Rangel basically embarrassed himself by showing up in court plead for the release of 17 year-old Afrika Owes, a one-time student at the Deerfield Academy in Massachusetts.

Rangel kept popping up, standing at the rail, trying to interrupt the judge. Finally, a court officer told him to sit down three times when he popped up again.

Judge Edward McLaughlin responded by saying, "I see someone standing who should not be standing, unless you have a bad back like I do." Rangel sat down.

3,890 reads
Ken Boehm
03/04/2011 - 17:23

Sen. Tom HarkinThe Government Accountability Office (GAO) is supposed to be an objective finder of fact for the U.S. Congress. Last year it weighed in on the controversy over aid to students attending for-profit colleges with a critical study which appeared to cast aspersions on the practices of some 15 for-profit colleges. The study was ballyhooed by the Obama Department of Education that supported a double standard of regulations: one for taxpayer-supported community colleges and a much tougher one for the for-profit schools.

3,534 reads
03/02/2011 - 20:47

NPR logoA brief comment of mine was included today in a report by Peter Overby on National Public Radio's All Things Considered. Here's a transcript:

The fight over public employee unions has exploded into a high-stakes partisan war. In Wisconsin and several other states, Republicans want to end collective bargaining with many public employee unions. Two favorite proposals would disrupt the ability of unions to build their political funds. And that would deal a major blow to the Democratic Party.

2,722 reads
03/02/2011 - 16:52

Hilda SolisSecretary of Labor Hilda Solis has taken her gloves off in the ongoing war within the states. And her supporters are aching for more. In a speech before a partisan audience at the Marriott Wardman Park Hotel in Washington, D.C. last Saturday, Solis proclaimed solidarity with Wisconsin public-sector unions and their supporters who have all but shut down the state legislature in protest of Republican Gov. Scott Walker's proposals to curb public spending.

4,781 reads
03/02/2011 - 13:27

Deepwater HorizonEarlier today I accused Interior Secretary Ken Salazar of a "cynical" approach to issuing deepwater drilling permits for the Gulf of Mexico. I did not realize how right I was. According to Kristen Hays of Reuters:

BP Plc, whose Macondo well blowout in the Gulf of Mexico caused the worst offshore oil spill in U.S. history last year, co-owns the well that was granted the first deepwater drilling permit since the disaster.

BP is Noble Energy Inc's partner in the well, holding a 46.5 percent interest, BP said.

3,743 reads
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