Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
PSA
Member Login

Site Notices
9/23/2020 3:47:02 PM
Posted: 6/22/2011 2:49:39 PM EDT
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid “intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/
Link Posted: 6/22/2011 2:50:50 PM EDT
my shocked face
Link Posted: 6/22/2011 2:52:30 PM EDT
That doesn't suprise me.
Link Posted: 6/22/2011 2:55:01 PM EDT
Originally Posted By Strykewolf:
That doesn't suprise me.


Link Posted: 6/22/2011 2:56:20 PM EDT
The only thing that surprises me about this is––just how in the fuck do these people not understand that there are no secrets?  Did they really believe this wouldn't come out?  Or did they just not care?
Link Posted: 6/22/2011 2:56:43 PM EDT
It's good to be a Party member, no?
Link Posted: 6/22/2011 2:57:03 PM EDT
Are you saying tax cheater timmy geitner is also a liar?  I find that hard to believe.  
Link Posted: 6/22/2011 2:57:08 PM EDT
This is astonishing!
Link Posted: 6/22/2011 3:02:28 PM EDT
In other news, water is wet.
Link Posted: 6/22/2011 3:06:50 PM EDT
my shocked face
Link Posted: 6/22/2011 3:14:34 PM EDT
Originally Posted By joedirt1977:
The only thing that surprises me about this is––just how in the fuck do these people not understand that there are no secrets?  Did they really believe this wouldn't come out?  Or did they just not care?


Semi-plausible deniability is all they need. Unless the media rubs voters' noses in it for a month straight, it will slide with the masses.
Link Posted: 6/22/2011 3:16:15 PM EDT



Originally Posted By Bubbatheredneck:


It's good to be a Party member, no?


DA!
 
Link Posted: 6/22/2011 3:16:16 PM EDT
FBO
Link Posted: 6/22/2011 3:17:28 PM EDT
SURPRISE!  SURPRISE!  SURPRISE!
Link Posted: 6/22/2011 3:18:26 PM EDT
Originally Posted By Chokey:
FBO


Link Posted: 6/22/2011 3:26:28 PM EDT



Originally Posted By GreyHat:



Originally Posted By joedirt1977:

The only thing that surprises me about this is––just how in the fuck do these people not understand that there are no secrets?  Did they really believe this wouldn't come out?  Or did they just not care?




Semi-plausible deniability is all they need. Unless the media rubs voters' noses in it for a month straight, it will slide with the masses.


Exactly.  They're counting on the media not doing anything about it.   Any media that does do something they'll call Right Wing Extremists.
 
Link Posted: 6/22/2011 3:29:24 PM EDT
Needs more perjury trap.
Link Posted: 6/22/2011 3:42:00 PM EDT



Originally Posted By South_Side_Shooter:


New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.



These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)



Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.



At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.



The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.



http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/



It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.



 
Link Posted: 6/22/2011 3:58:01 PM EDT
If I recall correctly, the Saturn division was not union.  They are gone now as part of the re-org.
Link Posted: 6/22/2011 4:00:16 PM EDT
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


I'd hate to have a loose pension!
Link Posted: 6/22/2011 4:08:52 PM EDT
Originally Posted By K5FAL:
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


I'd hate to have a loose pension!


Whaa?  I'd love a loose pension.  It could go breed with other pensions in the wild, and the bloodline would flourish.  I'd have lots of little fluffy baby pensions that I could hand down to my children.  
Link Posted: 6/22/2011 4:10:07 PM EDT
[Last Edit: 6/22/2011 4:10:35 PM EDT by WildApple]
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


Should of cut out the whole damn union with the bankruptcy then, right?
Link Posted: 6/22/2011 4:11:46 PM EDT
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


GM should have gone bankrupt and then all the contracts could have been renegotiated.  Including the union contracts.  Since the democratic party is beholden to the unions in this country, they fucked over the stockholders, the secured creditors and everyone else BUT the unions.

This was nothing but political payback to the unions.  When GM goes tits up again in a few years, who is going to bail them out after the democrats lose control of the house, senate and the presidency?  They are absolutely going to lose the presidency.  My guess is the house and senate will swing R also.  Perhaps in landslide numbers.
Link Posted: 6/22/2011 4:13:11 PM EDT
Originally Posted By millfire517:
my shocked face


Nothing shocks me about this administration any longer.  What I find funny is that team Obama doesn't even try to hide shit any more
Link Posted: 6/22/2011 4:15:50 PM EDT
well that's transparent
Link Posted: 6/22/2011 4:17:32 PM EDT
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


Um.  You fail.
Link Posted: 6/22/2011 4:26:48 PM EDT
Originally Posted By AllserviceBilliards:
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


Um.  You fail.


lol.  his political  musings always do.
Link Posted: 6/22/2011 4:27:46 PM EDT
Originally Posted By DigDug:
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


GM should have gone bankrupt and then all the contracts could have been renegotiated.  Including the union contracts.  Since the democratic party is beholden to the unions in this country, they fucked over the stockholders, the secured creditors and everyone else BUT the unions.

This was nothing but political payback to the unions.  When GM goes tits up again in a few years, who is going to bail them out after the democrats lose control of the house, senate and the presidency?  They are absolutely going to lose the presidency.  My guess is the house and senate will swing R also.  Perhaps in landslide numbers.


Amen, brother.  The rule of law was violated here;  just ask the GM corporate bond holders.
Link Posted: 6/22/2011 4:30:59 PM EDT
Originally Posted By GreyHat:
Originally Posted By joedirt1977:
The only thing that surprises me about this is––just how in the fuck do these people not understand that there are no secrets?  Did they really believe this wouldn't come out?  Or did they just not care?


Semi-plausible deniability is all they need. Unless the media rubs voters' noses in it for a month straight, it will slide with the masses.


The media will be silent (for the most part) on this, we're doomed as a society.

FBHO

Link Posted: 6/22/2011 4:39:23 PM EDT


if the RNC had any balls, they would send a letter to everyone of those 20,000 delphi employees outlining what happened, why the rule of law was suspended, and clearly illustrating how the government sabotaged the employees in order to reward the unions.




political patronage is one thing. this stuff is outright criminal.
Link Posted: 6/22/2011 5:38:25 PM EDT
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 


Shouldn't have sucked that dick.  Now everyone thinks your gay.
Link Posted: 6/22/2011 5:47:54 PM EDT
Originally Posted By Fourays2:
my shocked face


Link Posted: 6/22/2011 5:51:00 PM EDT
Originally Posted By joedirt1977:
The only thing that surprises me about this is––just how in the fuck do these people not understand that there are no secrets?  Did they really believe this wouldn't come out?  Or did they just not care?



They don't care. Its not goning to be reported by the communist media. It will only show up on fringe blogs and hate radio.
Link Posted: 6/22/2011 5:53:56 PM EDT
Originally Posted By millfire517:
my shocked face




Posted Via AR15.Com Mobile
Link Posted: 6/22/2011 5:54:55 PM EDT
Ha ... serves them right for selling their souls to the DEVIL.

Fuck Obama!
Fuck GM
Link Posted: 6/22/2011 5:56:02 PM EDT
Originally Posted By JIP:

Originally Posted By South_Side_Shooter:
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

http://dailycaller.com/2011/06/22/private-emails-detail-obama-admin-involvement-in-cutting-non-union-worker-pensions-post-gm-bailout/

It is not "picking winners and losers" it is cutting where cuts can be made no matter who does it.  The only thing this shows is that more people should have been protected by the union so they didn't loose their pension.  It sucks but what do you think was the purpose of the assault on unions for the past 30 years or so.
 




BULLSHIT.


the union contract COULD/SHOULD have been busted in the bankruptcy,  but it wasn't, it was protected, while non-union employees were fucked over.  

protected one group of employees, that just so happen to donate millions of dollars to D campaigns, at the expense of other employees.



no different then fucking over teh bondholders, and handing half the company to the UAW, so I guess in that respect we sholdn't be surprised.
Link Posted: 6/22/2011 5:57:51 PM EDT
Originally Posted By Fullautoguy:

Nothing shocks me about this administration any longer.  What I find funny is that team Obama doesn't even try to hide shit any more


yup
Link Posted: 6/22/2011 6:00:18 PM EDT
Not only doers Geithner need to GTFO...he also needs to go to jail.
Link Posted: 6/22/2011 6:01:35 PM EDT
100 years ago..
We the People would be outside the Treasury if not the White House bring the Tar up to temp for proper application and greasing up the rail...


today we hmmph and go on to the next thread..


I just dont know how to make it stop without 5 generations of my offspring paying for my Libertarian Actions..

if we dont get our collective heads out of our ass in 2012, America the Free is toast.

Link Posted: 6/22/2011 6:06:19 PM EDT
Originally Posted By joedirt1977:
The only thing that surprises me about this is––just how in the fuck do these people not understand that there are no secrets?  Did they really believe this wouldn't come out?  Or did they just not care?


It's politics Chicago style. They must consider a Federal Indictment a badge of honor with so many of them sitting in prison.
Link Posted: 6/22/2011 6:36:59 PM EDT
Me thinks that Obama just made sure that he will NOT get reelected.




Impeach Obama for the Good of those that Need an Income.
Link Posted: 6/22/2011 6:43:21 PM EDT
I worked for Delphi for a couple of years around 99 to 2001, and you could see this coming from 10 years away. The only reason it took so long was a good economy for the intervening years.

Houses in Kokomo gotta be going for free now.
Link Posted: 6/22/2011 6:47:09 PM EDT
Top Top