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Category Archives: fools ‘n frauds
Obama Administration Submits Controversial FTAs to Congress. Largest Loss of Jobs since NAFTA Coming?
The AFL-CIO said the “The Korea agreement is the largest offshoring deal of its kind since NAFTA. If enacted, it likely will displace 159,000 U.S. jobs, mostly in manufacturing. And its glaring loopholes would allow unscrupulous businesses to import illegally labeled goods from China and possibly even from sweatshops in North Korea—potentially without any tariffs at all.” Continue reading
Posted in auto news, economy, fools 'n frauds, labor issues, manufacturing, people, transportation
Tagged afl-cio, auto informed, autoinformed, autoinformed.com, cwa, eu korean fta, Ford, fta, hyundai, jobs, Ken Zino, kia, Korean free trade agreement, Korean fta, richard trumka, trade, trade imbalances, u.s trade deficit, uaw, unemployment, usw, zino
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Facebook Posting Costs Chicago BMW Salesperson His Job
A National Labor Relations Board Administrative Law Judge ruled this week that Knauz BMW, a Chicago area car dealership, did not wrongfully terminate an employee for his Facebook postings. Back in May the NLRB alleged unlawful termination of an employee … Continue reading
Treasury Receives $2 Billion TARP Repayment from American International Group. U.S. Taxpayers Still out at Least $51 Billion
During the financial crisis and Great Recession caused by Wall Street financiers, the U.S. Government’s support for AIG totaled approximately $180 billion. After today’s repayment, the taxpayers remaining outstanding investment in AIG through Treasury is $51 billion. Not one of the involved executives has been prosecuted for what were various forms of financial fraud that lead up to the near collapse of the global financial system and the ongoing Great Recession. Continue reading
Editorial: Happy Fourth of July! More Independence Needed
We should celebrate our past today, and honor the men and women of vision – and property – who created this country starting with the War of Independence, continuing through the Articles of Confederation and the U.S. Constitution that is still in place, as fine a document of governance of the people, by the people and for the people that ever existed. Remember well the resounding words of its preamble – WE THE PEOPLE. And we need to toss out of office the people who don’t understand WE, who are in it just for ME. Continue reading
Posted in economy, environment, fools 'n frauds, people
Tagged 1776, auto informed, auto news, auto trade policy, autoinformed, autoinformed.com, automotive news, corrupt politicians, energy policy, independence day, industrial policy, july fourth, Ken Zino, national debt, unemployment, zino
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Volvo Winces at Dour Depiction of British Pol in Project Volvo
The Daily Telegraph broke a story about the 2006 plot – dubbed Project Volvo – designed to ultimately replace Prime Minister Tony Blair with Gordon Brown. In it Brown was said to be viewed by voters as “”humourless, dour, moody, aggressive, unapproachable.” Brown was characterized as a “Volvo, British Rover.” Continue reading
Toyota Recall Study Finds Adversarial Relationship with NHTSA
The Quality Report, since it was paid for by Toyota, has already come under attack for bias from organizations linked to product liability lawyers. Nonetheless, the Report describes Toyota’s attitude toward federal safety regulators as “adversarial.” Unintended acceleration or stuck gas pedal problems are implicated in thousands of incidents and more than 90 alleged deaths. Continue reading
Posted in auto news, fools 'n frauds, litigation, news analysis, quality, safety, transportation
Tagged auto informed, auto news, auto safety, autoinformed, autoinformed.com, automotive news, Ken Zino, nhtsa, north american quality advisory panel, toyota quality, toyota safety, unintended acceleration
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Pork Update – USDA and DOE Award $47 Million in Taxpayer Dollars for Biomass Research to Special Interests
U.S. Agriculture Secretary Tom Vilsack and U.S. Energy Secretary Steven Chu have announced that $47 million in taxpayer dollars will be diverted to fund eight research and development projects to support the production of biofuels, bioenergy and biobased products from … Continue reading
House Bill Says Greenhouse Gases not Air Pollutants. Republican Attack on EPA Despite Supreme Court Ruling
Since nothing in the Act precludes states from pursuing their own GHG policies, this is a severe setback for automakers that need one coordinated national standard for fuel economy and CO2 emissions. Continue reading
Senate Dithers as Highway Trust Fund Goes Broke
During a hearing today in Washington, Democrats and Republicans postured over President Barack Obama’s proposal for a six-year, $556 billion highway bill with none of the partisans suggesting how it will actually be paid for.
This ducks the real issue of the ongoing decline in highway trust fund revenues that built the interstate system during the 1950s and contributed to what was then a booming American economy. Continue reading
Posted in auto news, fools 'n frauds, people, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, boxer, budget, deficit, gasoline taxes, highway trust fund, inhofe, Ken Zino, roads, taxes, zino
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Allstate Says Its Zodiac Accident Rate Release is Hooey
The Allstate Corporation set off a furor last week when it issued a press release that compared Zodiac sign accident rates.
In it the auto insurance giant said that during the past year, Virgos were “nearly 700% more likely to be in a car accident when compared to the determined and aware Scorpio accident rates, the best drivers in the study.” Scorpios were only involved in 1.5% of all accidents in 2010. Continue reading
Workers Paid Eight Cents for Each $25 NFL T-shirt!
Women at the Ocean Sky “sweatshop” in El Salvador are paid just eight cents for each $25 NFL T-shirt they sew, according a press release just issued by the National Labor Committee.
Their wages amount to just 3/10ths of one percent of the NFL shirt’s retail price, according to the non-profit pressure group with un-posted sources of funding. Continue reading
