Following a short "dead cat bounce" at the end of last month, after a precipitous six-month stock price plunge devaluing the company's net worth by more than 50% since an insider sell-off last August, Diebold's fortunes began turning south again late last week as the company was forced to begin restating previously-inflated revenue figures from 2006 and 2007.

The company's stock price is continuing to plunge today towards a seven-year low, after it admitted last week that it had over-estimated revenues of its election systems division by more than 300%.

As well, the company announced it will soon be laying off 5% of its full-time global workforce. The restatement of revenues comes as part of a deal worked out with the SEC, which continues its ongoing investigation into the financial practices of the once-great, now-disgraced company. Diebold also acknowledges that it is still being investigated by the DOJ, although the reasons and details of that particular investigation remain undisclosed at this time.

The 50% decrease in the company's share price began just after a number of company executives sold off several thousand shares of stock, all on the same day in August of last year, at $53.05/share, very near the company's 52-week high of $54.50, as The BRAD BLOG reported exclusively at the time. In the following week, the company's share price fell 15% just before the management attempted to misdirect investors by renaming their election division in order to offer "a fresh identity for our company."

Following the insider trading and fresh identity, now dubbed "Premier Elections Solutions," the company's share price has continued to fall ever since. The stock is down more than 3% so far today, selling currently at $24.64/share.

A statement released by the company late last week reveals once again that, despite the attempted name change bait-and-switch, the company still bears the liabilities of the old Diebold elections division; the company admits that the SEC and DOJ investigations continue and sales are sharply off for its voting systems, which have been decertified by several states after being found easily hackable and error-prone in study after study over the past year.

As well, there is a Securities Fraud class action lawsuit still pending against the company, as investors cast the only vote that counts --- the one that hits the 150-year old company in the pocket book. The company that made its bones in the security business has tumbled quite a ways since untouchable crime-fighter Eliot Ness served as chair back in the 1940's.

In the wake of its latest round of misfortunes/karmic return, Diebold announced plans for layoffs of some 800 workers last week. We're not happy to hear that. Though if any of those who find themselves out of a job due to the arrogance, corruption, and general failure of this company to perform as a responsible corporate citizen would like to share any inside information, we'd be delighted to hear from you. Your confidentiality, as needed, will always be respected by The BRAD BLOG.

A partial restatement of 2007 revenue estimates, released by Diebold last week in the wake of the SEC investigation which has forced it to discontinue its previously misleading practice of declaring revenues before products were actually delivered, reveals that the company continues to be rocked by its failing election division, newly renamed or otherwise...

[Updated at bottom of article with an "explanation" from the WA state GOP chairman. This story gets more bizarre by the minute. Be sure to check the updates if you read this story earlier.]

"The Huckabee Presidential Campaign will be exploring all available legal options regarding the dubious final results for the state of Washington State Republican precinct caucuses," according to a statement posted today on their official campaign website.

It was 2:30am on the West Coast last night as we noticed CNN was reporting only 87% of precincts counted from Washington state's Republican Caucus yesterday. Just over 200 votes separated the leader John McCain from Mike Huckabee in a very close second, with Ron Paul coming in a very close third.

Throughout the day, according to Josh Marshall at TPM, Huckabee had been leading in the returns until very late, when McCain pulled just ahead of him by just a few votes.

"With 87% of the returns counted," writes Marshall, "the Washington state GOP, which runs the caucuses stopped releasing results. That left us and a lot of other news organizations in a bit of a quandary last night since it looked like McCain was going to pull it off. But as late as 1:30 AM on the east coast promised new results kept failing to materialize."

And then, in the middle of the night, the state GOP posted a press release declaring McCain the winner, even with some 13% of the votes still unreported, and just 242 votes --- out of 13,745 reported so far --- separating McCain from Huckabee who'd finished a "strong second" according to the GOP release.

"In other words," Huckabee campaign chair Ed Rollins says in their statement this morning, "more than one in eight Evergreen State Republicans have been disenfranchised by the actions of their own party."

"Now, I think it would be borderline for a media organization to declare one candidate a winner when the margin separating first and second was 1.8% with 13% of the results still uncounted," writes Marshall today. "But for the officials holding the election to declare the result on that basis is simply bizarre. But that's what they did."

Of course, none of that kept the always-responsible Reuters news service from declaring "McCain wins Washington state Republican contest" at 8:10am ET this morning.

This afternoon, the Huckabee camp is announcing they are prepared to go to court if necessary, as the candidate himself declared that "weird things" are going on in Washington while on NBC's Meet the Press.

At the same time, the results of the GOP Louisiana Primary, as announced by the state, are even closer than those so far released in Washington. Though because the election was held on wholly unverifiable electronic voting machines, everyone will simply have to settle for whatever numbers the faith-based systems reported to them, no matter how close the margin...

More voter registration problems. This time in Louisiana during today's Democratic Party Primary. From the Obama campaign website just after 7pm ET tonight...

For what it's worth, Obama reportedly won today's primary, but problems with voter registration rolls are quickly emerging this year as a huge problem in state after state. Our reporting from just the last week reveals problem after problem...

Georgia: Widespread bottlenecks for voters as problems occur with Diebold's new e-pollbook system and the state's new Photo ID restrictions. Voters waited in line for up to two hours in some places.

New Mexico: 17,000 (11%) forced to vote on provisional ballots in Democratic Caucus as previously registered Democrats find they are no longer on voter rolls recently privatized by voting machine company ES&S.

Arizona: We've begun receiving reports from voters and local officials of polling places where some 40% of voters were forced to vote on provisionals, after state registration system outsourced to ES&S. [UPDATE: One such report is now published here, from a poll worker who reports that of 1291 ballots cast at her polling place, 540 --- some 41% --- were forced to vote provisionally.]

California: Various reports of voters registered for one party to find they were switched to another, or not registered at all. Confusion about how to handle non-partisan voters in Los Angeles County leads to nearly 100,000 votes which may not be counted properly.

Many states are just now fully implementing new, statewide, computerized registration rolls as mandated by the disastrous Help America Vote Act (HAVA) of 2002. The systems are being outsourced to private companies in many states, and more and more Election Days seem to be turning into Beta Tests for the new systems...

Guest Blogged by Alan Breslauer

Matthew Dowd was the chief strategist of the George W. Bush 2004 presidential election campaign and is currently an ABC News political contributor. Jonah Goldberg is a nationally syndicated conservative columnist, founding editor of "National Review Online," and author of Liberal Fascism. Neither of them knows who is the current Director of National Intelligence.

On Wednesday, we covered some of the massive problems emerging from New Mexico's Democratic Party Caucus on Super Tuesday. The razor-thin margin between Obama and Clinton remains in question at this hour after ballot boxes were discovered to have been kept overnight, uncounted, at the home of a party official; voters faced long lines at the polls; and some 17,000 voters (11% versus 4% in the last caucus) were forced to vote on provisional ballots.

NPR had reported on Thursday that the state's Democratic party, which ran the election, as opposed to the state itself, had decided to do a full recount of all ballots. Tonight, though, John Gideon informs us the report was incorrect, and only "all qualified provisional ballots" are set to be counted by officials.

We had updated our previous story several times while covering the mess, before finally noting:

Tonight, Steve Rosenfeld at Alternet jumps in with a New Mexico update, in which he tries to make sense of it all. He ends up confirming our fears in his opening graf...

No idea who this guy is, but according to his personal website, Mike Elgan is a "technology culture writer" who "learn[s], think[s], write[s] and speak[s] about technology culture for" a bunch of well-respected IT magazines and websites.

Looks like he may have forgotten the "learn" and "think" part lately.

Given his self-proclaimed expertise in such matters, one would think he'd know better than to forward the irresponsible information found his article "Why Can't Voters Vote Right?: Computers can save democracy, if only we give up our affection for paper ballots" as posted at InternetNews.com and at Datamation, etc.

I don't wish to spend too much precious space on his nonsense, but it's folks like him, at high-profile outlets, who haven't bothered to take the time to educate themselves on the issues they pretend to be experts on (or have, and yet don't care how wrong they are) and who have helped to get us into the very electoral issues threatening democracy today. Those issues would be the very ills that Elgan foolishly blames the voters for, before going on to recommend his brilliant prescription for curing the maladies: Much more of the very same toxic medicine that has made us sick in the first place.

I've sent him a personal email, with my phone number, offering to assist him in finding his way out of the fog, along with a link to this recent article, which includes a handy, bullet-point list on just some of the science and tech-based reasons why his uninformed proposal for straightening out our electoral woes is ridiculous.

His proposal includes laughably off-the-mark suggestions like...

It's February 8th, 2008, and it's now official: One member of the broadcast MSM has officially joined the ranks of those "crackpots" and "conspiracy theorists" over at The BRAD BLOG!

Congrats to Pittsburgh's WTAE's Team 4 for their excellent, responsible, and appropriate reportage on the serious concerns facing Pennsylvania's Allegheny County voters in the upcoming election. Their investigative report asks "Is Your Vote Safe With County Voting Machines?" and the clear, well-reported, fair and balanced answer comes back as an unambiguous, no punches-pulled: Absolutely not!

The report's "conspiracy theories," confirmed by video, photographs and on-the-record statements from both public officials and Election Integrity experts, as detailed by Team 4's Jim Parsons on WTAE-TV's evening news yesterday (transcript and video both here), include some of these well-known-to-BRAD-BLOG-readers, if still-stunning and rarely-reported-in-the-MSM, items...

That was then, as The BRAD BLOG broke the story on 10/3/06. This is RIGHT NOW...

Golly, if only the Democrats had had any idea that AG Michael Mukasey would turn out to be such a stooge for the Bush Administration, maybe they wouldn't have confirmed him. Oh, wait. Yeah, we recall something about that coming up before the Dems decided to give this guy the job anyway.

At right is just one sample from Mukasey's testimony today, answering (or not) Robert Wexler's questions asking if he's been given White House instructions on whether or not he may enforce Contempt of Congress citations. He takes the time to apparently make up a few "facts" along the way while dodging Wexler's questions.

David Swanson reports...

...before he goes on to offer some interesting information suggesting that John Conyers may be "on Edge of Starting Impeachment Hearings" after today's testimony. Whether that happens or not, Swanson offers contact information so that you can weigh in to the Chairman with your opinion on Impeachment (which is, after all, his Constitutional duty, for those of you keeping score at home.)

We believe we can now pull this issue up out of the weeds a bit, after more than 24 hours of trying to make sense of what the Los Angeles County Registrar's office has been describing to the media as "real clear."

What's clear is that the only thing that's clear is the fact that the county's new acting Registrar of Voters, Dean Logan, has seriously blown his first outing since coming South from his disastrous 2004 Washington state gubernatorial election debacle.

Unless swift action is taken by Logan and CA Sec. of State Debra Bowen, it's likely that hundreds of thousands of voters may have been disenfranchised in last Tuesday's Democratic Primary Election...

We momentarily interrupt our Election Meltdown '08 coverage to quickly point out that a total of five large undersea Internet cables, leading to various areas of the Middle East, have now reportedly been "cut." The Khaleej Times reports that "An estimated 1.7 million Internet users in the UAE have been affected by the recent undersea cable damage," which, folks who worry about such things note, is in addition to millions of users in Iran.

We noticed the story when three cables were cut last week, but didn't have time to look into it. We still don't. Nor do we pretend to know what it all means.

But as BonnieNet --- who's done some good digging, and has put together a map of the locations of the reported cuts --- says, "3 was quite a few. 4 is pushing it. 5 starts to make you wonder."

The good news: New Mexico now votes on paper ballots, since their touch-screen debacle in the 2004 Presidential Election left Gov. Bill Richardson with little legal choice but to move to paper.

The bad news: The huge turnout in yesterday's Democratic Primary led to long lines, voters who found they were no longer on the registration rolls for some still-unexplained reason, 17,000 votes had to be cast on provisional ballots which remain uncounted today, and now it's being reported --- incredibly --- that at least three ballot boxes were kept overnight last night, uncounted, at the home of a Democratic County Party Chairwoman.

What makes it all worse, as if all that is not troubling enough, is that the current razor-thin margin between Barack Obama and Hillary Clinton in the caucus stands at just 217 votes out of 136 thousand ballots cast.

The governor's apologizing, the party is prevaricating, the candidates' representatives are negotiating, and, as usual, it's the voters who are left hanging, wondering if their voices will actually be heard...

The Los Angeles Times, which has been among the worst major newspapers in the country --- for years --- in reporting (or, actually not reporting) on issues of Election Integrity tells us today, in regards to yesterday's voting in California, that there were "Few election glitches, except for independents."

Um, does the braintrust at the LA Times realize that out of 15.3 million registered voters in the state, some 20% of them, more than 3 million, are "independents"? (3,043,164 to be exact, with more than 700,000 in LA alone, if the latest numbers from the CA SoS are to be trusted). Plus more than 300,000 voters registered as "American Independent" who may or may not have wished to be included as members of that party? Or shall we just deliver the "Understatement of the Year Award" right now to the folks at the LA Times?

That's more than just a "few glitches," no?

And if the following disturbing video from a Los Angeles Ron Paul supporter who switched from Democratic to Republican specifically to vote for Paul is any indication, it's not just "independents" who experienced "few election glitches" yesterday...

We're crawling through tons of election-related problem reports (thanks to VotersUnite's early report, and those of you emailers and commenters) this morning from all over the state, and all over the country. Trying to make sense of as many of them as possible. Confirm them, seek out more details, etc. It's really a matter of triage at this point.

Many of you, in other threads, have been sharing experiences and concerns from the polling place yesterday, or have come across troubling reports from the news media, etc.

Feel free to repost and/or add new comments here in this thread, as we continuing to sift through the rubble, so that we might be able to continuing collecting some of the reports, and allowing for others here to dig into them as well. There seems to be more than enough work to go around today. Again. And unfortunately...

Alright, we've got a bona fide mess here in Los Angeles County. We covered this a bit earlier tonight, but have been speaking with various precinct captains and trying to figure out exactly what's going on. As mentioned it's a confusing mess, and could indeed be shaping up as "California's Butterfly Ballot" as far as we can tell.

There are two main problems:

1. Many voters who thought they were registering as non-partisan independents have been surprised to learn they registered instead as members of the "American Independent" party, and thus, were not allowed to vote in the open Democratic primary.
2. More insidiously, those independent non-partisan voters who did successfully manage to get registered as "Decline to State" (or DTS, or Non-Partisan), were allowed to vote in the Democratic Presidential Primary if they requested to do so when voting. However, without filling in a certain bubble on the ballot, specifying they wanted it to be counted in the Dem Primary, their vote for President, according to LA County's Registrar of Voters, will not be counted.

After being up since dawn, we hope to get some rest tonight shortly, and will then get a clearer picture on all of this, and the myriad other problems reported elsewhere in California and around the nation tomorrow (and beyond).

For now then, our friend Jake Soboroff at Why Tuesday has a video interview, posted below, with LA City attorney, Rocky Delgadillo who is also expressing concerns about what is becoming known as the "Double Bubble Trouble" issue. As well, Delgadillo gives a full statement to CBS2 News, calling for review of the issue, which could well disenfranchise hundreds of thousands of voters, by CA SoS Debra Bowen and LA County's acting Registrar of Voters Dean Logan.

Logan arrives here fresh from from his reign over the disastrous 2004 gubernatorial election mess in Washington state. He replaces the recently-resigned LA County Registrar and Diebold cover girl, Conny "Cut and Run" McCormack, who seemingly left this ridiculous scheme in place as a parting gift to LA County voters.

We'll post Soboroff's video of the interview, as well as Delgadillo's statement below. First, Soboroff describes the confusing situation very well...