Turner: Biden Wrong on Delphi Pensions, Inspector General Claims Administration Involvement

Vice-President Unbelievably Does Not Know that his Administration Appointed Officials Oversaw the Pension Decision-Making Process

Congressman Mike Turner (OH-3) took issue with Vice President Biden’s comments that the loss of Delphi Salaried Retirees pensions did not come as a result of the auto bailout, and that the Administration doesn’t “control” the Pension Benefit Guaranty Corporation (PBGC). ~  “Biden’s comments are par for the course with an Administration unbelievably unaware of the own their own decisions and the severe effects they have had across our county."  Rep Turner's press release

Rep. Turner Questions Geithner on Transparency, Introduces RESTORE FOIA Bill

RESTORE FOIA Act Would Allow Taxpayers to Look in on Bailout Decisions 

Congressman Mike Turner (OH-3) questioned Treasury Secretary Tim Geithner about his Department’s transparency when it came to the bailout process. Since the decision by the Pension Benefit Guaranty Corporation (PBGC) to slash approximately 20,000 current and future Delphi Salaried Retirees by up to 70 percent, Treasury, PBGC, and the President’s Auto Task Force have relied upon loopholes in the present FOIA regulations to remain less than open about what had transpired and was paid for with taxpayer’s dollars.  Rep. Turner's RESTORE FOIA bill (HR 4232) will close those loopholes.

3/28/2012 Video: Rep. Turner re: Restore FOIA bill | Rep. Turner Release re: FOIA Bill

Text: Restore FOIA bill HR 4232 | Rep. Turner Delphi Page | DailyCaller Article

Kokomo Tribune article | Washington Examiner - Obamaland, transparency is opaque

Former Auto Task Force Officials Refuse to be Interviewed by SIGTARP in Delphi Pensions Investigation

The Obama Administration is refusing to discuss how, why, and by whom the decision was made to top up the pensions of Delphi hourly retirees, making them completely whole, and not extend the same treatment to Delphi salaried retirees, whose pensions were reduced up to 70%. 

The President's Auto Task Force officials Ron Bloom, Matthew Feldman, and Harry Wilson are refusing to meet or speak with the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) from which funds were provided to bailout GM during the Administration-orchestrated bankruptcy.

SIGTARP believes that the Auto Task Force played a role in the pension decision and these individuals’ failure to speak to SIGTARP on this issue poses a significant obstacle to SIGTARP’s ability to complete its audit.

Today, Congressman Mike Turner (R-OH-3) requested that the House Oversight and Government Reform Committee interview these individuals concerning the role they played in the decision to take the retirement and health benefits of Delphi salaried retirees.

SIGTARP letter: Auto Task Force Members Refuse to Meet | Rep Turner's press release & letter | Detroit News: Officials Refuse to be Interviewed | Kokomo Tribune: Auto Task Force Members Silent | TribToday: Retirees Cry Foul | TribToday: What Biden Won't Be Discussing