Diebold electronic vote rigging division now an albatross for corporation

Here's some good news for a change.

The rigged voting machines have become an albatross for giant corporation Diebold. They have been trying to shed the division, and when they couldn't, they resorted to changing the name.

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After a year and a half of conversely trying to dump their failed voting unit and/or lying to customers about the reliability and security of their voting systems, corporate parent Diebold is giving up the ghost of its election business which, according to an analyst in a Reuters report, was "responsible for less than 10 percent of Diebold's revenue, and 100 percent of its bad publicity."


After a string of disastrous reports on the quality and security of their voting systems, along with plummeting stock prices since last week, it seems clear that Diebold, the once-great, more-than-100-year old company, is doing whatever it can at this point to save the corporate parent. While its stock price (DBD) plummeted at today's opening bell and is currently down some 5.6% from yesterday, the price has begun to rise again in the last hour or so on news of the spin-off.

More than anything, however, the move may well be a harbinger of a coming declaration of bankruptcy for Diebold/Premier, as we see it. With the unit now spun off from the blue chip Diebold parent, declaring bankruptcy or dissolving the company altogether might be less trouble for investors and the main company as a whole, as their extraordinary legal and financial liabilities continue to mount...



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California's profoundly corrupt registrar Connie McCormack was in such a panic about the failing status of the Diebold machines that she made a telling Freudian slip at a meeting of the county supervisors, her bosses:

"I think we have to see what the vendors are going to say about that," McCormack said. "The vendors aren't going to make much money in Los Angeles County if they have to pay $400,000 for the recount."

But Supervisor Gloria Molina upbraided McCormack for her concerns about the vendors' profit margins.

"I think you are walking close to the edge," Molina said. "I don't understand why you are so protective of the vendors. You keep saying you are concerned about what this is going to cost them.

"It's really none of our business. It shouldn't be in our interest to protect the vendors' profits."

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Brad helpfully reminds people how close her relationship with Diebold is with a screenshot of their sales brochure she appears in.




Brad's list of links on growing shit storm for vote rigging companies

STUDIES PROVE EVOTING MACHINES CAN BE RIGGED:

GAO study