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Published: Tuesday, 11 September 2012 21:14
Barack Obama is running for re-election as the man who saved General Motors. ~ It's a specious argument. ~ the bailout had more to do with preserving the existing contracts the United Autoworkers Union have ~ Obama's auto bailout, as this short video produced by Let Freedom Ring shows, didn't work out so well for Delphi salaried retirees. ~ Obama didn't stand by them. Obama didn't bail them out. Instead, he cut them loose, costing them their pensions ~ Full US News article
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Published: Monday, 10 September 2012 19:11
NLPC | Mark Modica | Mon 09/10/2012
~ the President "saved" General Motors ~ Here's news for voters who didn't pay attention ~ the Obama Administration used taxpayer money to manipulate the bankruptcy process and assure that political friends in the UAW received favorable treatment compared to non-union claims. ~ the Obama Administration influenced GM when UAW retirees at Delphi had their pension benefits "topped off" with GM's taxpayer funds as nonunion retirees lost their benefits. Members of the Administration apparently lied under oath when they testified that Team Obama had nothing to do with the inequitable treatment of non-union retirees. Read full NLPC article