Tuesday, August 7, 2012

Meet the Real Workers Obama Screwed Over

President Obama's sleazy super-PAC, run by his former White House spokesman Bill Burton, just released an ad accusing GOP presidential candidate Mitt Romney of causing the cancer death of a steelworker's wife. - Michelle Malkin/Townhall

It's not just a slanderous and false attack. It's a foolish attempt to camouflage the administration's massive jobs death toll, politicized pension plundering and Big Labor bailout cronyism. And it will backfire big time because the thousands and thousands of true victims of Obama's economic wreckage are speaking up and fighting back....

While Team Obama promotes fables to indict Romney, the incontrovertible stories of the current administration's economic malpractice are finally getting out. In 2010, I first reported on how Obama's UAW bailout threw tens of thousands of nonunion autoworkers under the bus. It's the ongoing horror story of some 20,000 white-collar workers at Delphi, a leading auto parts company spun off from GM a decade ago.

As Washington rushed to nationalize the U.S. auto industry with $80 billion in taxpayer "rescue" funds and avoid contested court termination proceedings, the White House auto team and the Treasury Department schemed with Big Labor bosses to preserve UAW members' costly pension funds by shafting their nonunion counterparts.

Jarrett ignores questions on terminated non-union Delphi pensions [VIDEO] - Matthew Boyle/Daily Caller



Emails: Geithner, Treasury drove cutoff of non-union Delphi workers’ pensions - Matthew Boyle/Daily Caller

Emails obtained by The Daily Caller show that the U.S. Treasury Department, led by Timothy Geithner, was the driving force behind terminating the pensions of 20,000 salaried retirees at the Delphi auto parts manufacturing company.

The move, made in 2009 while the Obama administration implemented its auto bailout plan, appears to have been made solely because those retirees were not members of labor unions.

The internal government emails contradict sworn testimony, in federal court and before Congress, given by several Obama administration figures. They also indicate that the administration misled lawmakers and the courts about the sequence of events surrounding the termination of those non-union pensions, and that administration figures violated federal law.