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Tag Archive: General Motors

Special interests honor Congress, executive branch with nearly $19 million in 2011

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Spurred by reports that Smartphone software made by Google and Apple could violate users' privacy, a Senate Judiciary subcommittee called executives from the companies to testify in May 2011. For the most part, the senators were uncharacteristically deferential to the hi-tech titans appearing before their panel. In his brief opening statement, ranking member Tom Coburn, R-Okla., said, “We need a whole lot more information and knowledge in terms of those of us on the legislative side before we come to conclusions about what needs to be done.”

One day later, Coburn was recognized at a Consumer Electronics Association event for ...

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Financial Bailout: Do Interests of Automakers and Members Diverge?

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Reading the restructuring plan that General Motors put together makes me wonder whether, in a broad sense, there isn't an insuperable conflict of interest between members of Congress and the automakers. Consider just one aspect of the plan:

...the number of GM retailers is expected to decline to 4,700 by 2012. This will occur primarily in metropolitan and suburban areas where GM has too many dealers to serve the market. In the Plan, it is projected these dealers will be reduced by 35%, increasing annual throughput for the remaining outlets to a more competitive level with other high-volume ...

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