NLPC Associate Fellow Mark Modica wrote this op-ed appearing in today’s New York Post:
Fans of the federal govern ment’s auto bailout will push the “GM comeback” story at this week’s New York International Auto Show. Good luck with that one.
Taxpayers still own about 26 percent of GM, and it looks increasingly unlikely that they’ll ever get their money back: The share price would have to rise to more than $54, and it’s stuck in the low thirties. Here’s why:
GM’s management team lacks stability, with Dan Akerson being the fourth chief executive in less than two years (oh, and CFO Chris Liddell recently resigned).
One of Akerson’s main focuses has been to ballyhoo the Chevy Volt, but Consumer Reports says GM’s hybrid “just doesn’t make a lot of sense.” More important, it isn’t selling — only 1,210 Volts have sold this year through the end of March.… Read More ➡
Yesterday, Dr. Carl Horowitz of the NLPC staff spoke at the Colgate-Palmolive annual meeting in New York City in support of our resolution asking the company to disclose its charitable contributions. In the past year, Colgate had both ballyhooed and denied that it supports Sharpton’s group, the National Action Network (NAN).
Here is the state-by-state roll call vote on Obamacare which passed the House 219-212 on March 21, 2010.
NLPC is looking for freelance writers to join our team. The ideal candidate is a self-starter who can work remotely, and who possesses excellent writing skills and a dedication to accurate journalism. Most of all, candidates must share our passion for advancing our message, namely that bigger government means more corruption.