Articles Commenting on Subcommittee Hearing 6/22/2011

Updated 24 June 2011 23:11

TheDC on TV: Matthew Boyle on the Obama admin’s hand in GM
Published: 9:00 PM 06/23/2011 | Updated: 2:02 PM 06/24/2011
TheDC’s Matthew Boyle talked with Neil Cavuto on Fox Business about his story on the Obama administration’s role in directing operations at General Motors as the company was receiving federal bailout money.
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Delphi update: More White House meddling in UAW bailout revealed
By Michelle Malkin  •  June 23, 2011 12:57 PM
If you paid attention here last fall, you know all about how Obama Treasury officials screwed over non-union white-collar workers at Delphi, a leading auto parts company spun off from GM a decade ago. ~ See my September 2010 Special Report – The Delphi disaster: An economic horror story Obama won’t tell. ~ A refresher: ~ Consider the real-life horror story of 20,000 white-collar workers at Delphi ~ The White House auto team schemed with Big Labor bosses to preserve UAW members’ costly pension funds by shafting their nonunion counterparts. In addition, the nonunion pensioners lost all of their health and life insurance benefits. ~~~
Click here for the full text Michelle Malkin's article, and links.

GOP hammers Bloom on rescue
BY AARON KESSLER  DETROIT FREE PRESS WASHINGTON STAFF  Jun 23, 2011
WASHINGTON -- Salaried retirees of auto supplier Delphi may have had some satisfaction Wednesday when House Republicans took up their cause, tearing into senior White House aide and former auto task force member Ron Bloom over the 2009 rescue of General Motors. ~~ The panel's majority Republicans kept Bloom in the hot seat longer than expected, grilling him with heated accusations over the auto rescue and its aftermath. ~~ Rep. Darrell Issa, R-Calif., who chairs the full oversight committee, and Rep. Dan Burton, R-Ind., both referred to Delphi's salaried retirees as being "screwed" when they lost their pensions during GM's restructuring.
Click here for the Detroit Free Press article.

House members urge restoration of pensions for Delphi retirees
By This email address is being protected from spambots. You need JavaScript enabled to view it., Staff Writer Updated 8:45 PM Wednesday, June 22, 2011
Members of the U.S. House of Representatives Wednesday urged legislation that would pay all Delphi retirees their full pensions. ~~ “These Delphi retirees are entitled to these benefits,” said U.S. Rep. Mike Turner, R-OH/Centerville ~~ “These benefits were wrongly taken from them.” ~~ “I’d like to know why the salaried employees got chopped up so badly,” U.S. Rep. Dan Burton, R-Indiana, asked Ron Bloom, who advised the Obama administration on assisting GM. ~~ Bloom ~ acknowledged that some stakeholders received “far, far less than they were promised.”
Click here for the Dayton Daily News article.