Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Emails: Geithner, Treasury drove cutoff of non-union Delphi workers’ pensions
Daily Caller ^ | August 6, 2012 | Matthew Boyle

Posted on 08/07/2012 5:10:44 AM PDT by Cincinatus' Wife

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.

Delphi, a General Motors company, is one of the world’s largest automotive parts manufacturers. Twenty thousand of its workers lost nearly their entire pensions when the government bailed out GM. At the same time, Delphi employees who were members of the United Auto Workers union saw their pensions topped off and made whole.

The White House and Treasury Department have consistently maintained that the Pension Benefit Guaranty Corporation (PBGC) independently made the decision to terminate the 20,000 non-union Delphi workers’ pension plan. The PBGC is a federal government agency that handles private-sector pension benefits issues. Its charter calls for independent representation of pension beneficiaries’ interests.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government
KEYWORDS: auto; autobailout; automakers; bho44; delphi; geithner; nonunion; pbgc; pension; pensions; treasury; union; unions
Navigation: use the links below to view more comments.
first 1-5051-59 next last

1 posted on 08/07/2012 5:10:51 AM PDT by Cincinatus' Wife
[ Post Reply | Private Reply | View Replies]

To: Cincinatus' Wife
But Obama is for the Middle Class

Just makes them pay more for Power, Food, and Gas.

Then cuts their penision for not belonging to a Union.

2 posted on 08/07/2012 5:13:26 AM PDT by scooby321 (AMS)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

Boehner doesn’t care.
Pelosi doesn’t care.
Reid doesn’t care.
Deal with it (vote the bastards out).


3 posted on 08/07/2012 5:16:58 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

“The internal government emails contradict sworn testimony, in federal court and before Congress, given by several Obama administration figures. “

And with this line alone, Congress ie. the House should immediately hold a hearing and ARREST AND JAIL EVERYONE INVOLVED for PERJURY. Yes Congress has Police Powers and always has. These same squishy little weenies would not think twice about using their power against one of us for committing the exact same act.


4 posted on 08/07/2012 5:18:48 AM PDT by eyeamok
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

Most vile administration ever! No limit to their lies and skulduggery. They copy their boss Obama.


5 posted on 08/07/2012 5:21:36 AM PDT by dennisw (Government be yo mamma - Re-elect Barack Obama)
[ Post Reply | Private Reply | To 1 | View Replies]

To: eyeamok

SHACKLE the JACKALS!

Bump.


6 posted on 08/07/2012 5:21:36 AM PDT by OldEarlGray (The POTUS is FUBAR until the White Hut is sanitized with American Tea)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Cincinatus' Wife

My husband is one of these retirees. For the past three years, this group has spent over $2million dollars on legal fees, and have spent the last year in court to finally have documents released to us. We will not give up, because we have proof that we were wronged, although it was obvious to us from the beginning.


7 posted on 08/07/2012 5:22:22 AM PDT by arichtaxpayer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

But the odds of this actually being corrected are? As long as this set of crooks are in office I will say nil, nada, ain’t gonna happen. They can never been shown as being wrong especially on their “signature” efforts.


8 posted on 08/07/2012 5:22:40 AM PDT by The Working Man
[ Post Reply | Private Reply | To 1 | View Replies]

To: eyeamok

Absolutely right. The House should subpoena Geithner to testify. If he lies (and he will), the lousy runt will always have a perjury charge lurking and with luck could be sued in civil court by those people who had their pensions stolen.


9 posted on 08/07/2012 5:24:29 AM PDT by allendale
[ Post Reply | Private Reply | To 4 | View Replies]

To: Cincinatus' Wife

Out of its many failures, the one thing the Obama administration has been amazingly successful at is sending Americans to the unemployment line.

Hussein’s war on non-union workers should surprise no one.


10 posted on 08/07/2012 5:27:24 AM PDT by reagan_fanatic (Worst. President. Ever.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

Wow. I am utterly shocked. /sar


11 posted on 08/07/2012 5:29:46 AM PDT by animal172 (Calling the Founding Fathers!! We need your help.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

bump


12 posted on 08/07/2012 5:30:09 AM PDT by Rumplemeyer (The GOP should stand its ground - and fix Bayonets)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife
I sense a stern letter coming from the House Pubbies.
13 posted on 08/07/2012 5:30:53 AM PDT by liberateUS
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

Bump


14 posted on 08/07/2012 5:31:34 AM PDT by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

I see another executive privilege in Obama’s near future.


15 posted on 08/07/2012 5:32:24 AM PDT by Toespi
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

I sent this to all the libs I know and told them to all keep telling themselves ‘4 more years, 4 more years”

FUBO!!!!

FFFUUUBBBOOO!!!!

FFFUUUBBBOOOO!!!!


16 posted on 08/07/2012 5:33:12 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arichtaxpayer
God bless you both. You were among the very first victims of this so-called President and his administration of criminals. I hope you regain every penny of your husband's pension ...... and then some!
17 posted on 08/07/2012 5:34:06 AM PDT by liberalh8ter (If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
[ Post Reply | Private Reply | To 7 | View Replies]

To: dennisw

The Obama Administration’s outgoing pardon list will be very, very, very long.

I wonder how many requests for pardons are being delivered to Holder and Obama for review and approval. I wonder how Obama is using these “get out of jail free” cards to enrich his campaign and his future life style.

Clinton’s list:

http://www.justice.gov/opa/pardonchartlst.htm


18 posted on 08/07/2012 5:35:57 AM PDT by Cincinatus' Wife
[ Post Reply | Private Reply | To 5 | View Replies]

To: Cincinatus' Wife

Why do a list? That sounds like hard work.

He could sign a new executive order and pardon every person employed by the federal government under his administration.

Who would tell him no? Who has told him no so far?


19 posted on 08/07/2012 5:39:57 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Cincinatus' Wife

surprised??? still waiting for a hearing as to why some McCain contributing, productive GM/Chrysler dealerships were targeted for closure by the government while money losing dealerships who contributed to nullah obama’s jihad in 2008 were allowed to stay open...


20 posted on 08/07/2012 5:40:20 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

So this is why they had a “special” bankruptcy.So they could discriminate against non-union employees.


21 posted on 08/07/2012 5:41:48 AM PDT by Mike Darancette (Obamaid has to go.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arichtaxpayer

Geez.

Every time people get on me for my utter hatred of “Thulsa of Doom” in the WH, these stories remind me.


22 posted on 08/07/2012 5:42:09 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Cincinatus' Wife

BJ Clinton made 10s of millions on his pardons.

Baraq will make 100s of millions.....


23 posted on 08/07/2012 5:42:58 AM PDT by nascarnation
[ Post Reply | Private Reply | To 18 | View Replies]

To: allendale

If he Lies?? It appears he already has LIED, JAIL HIM NOW along with the rest of the gang. Actually the House doesn’t even need to hold hearings, they could just subpeona everyone and Arrest them on the Spot using already made public evidence. Hold a vote to appoint a Special Prosecutor and let them rot til the Senate Agrees.


24 posted on 08/07/2012 5:48:43 AM PDT by eyeamok
[ Post Reply | Private Reply | To 9 | View Replies]

To: Cincinatus' Wife

Tyrants don’t usually start right off marching people into the death camps. They get around to it eventually.

They lie, and look to see if anyone cares... they steal, and look to see if anyone objects... they imprison, and look to see if anyone notices...

As soon as they are fully satisfied that they do anything they want without resistance, the purging begins.


25 posted on 08/07/2012 5:51:42 AM PDT by Never on my watch (I can see November from the Chick-Fil-A drive through lane.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

Why doesn’t Romney have the Delphi retires gather en mass for a campaign commercial, a la BO’s Bain ad with that old steel worker who was laid off? Is Romney really that slow? Maybe he’s not smart enough to be President.


26 posted on 08/07/2012 5:52:10 AM PDT by txrefugee
[ Post Reply | Private Reply | To 1 | View Replies]

To: txrefugee

Romney is a panzie and p%^^y. He makes me sick with how milquetoast he is.

Imagine if Christie were leading this charge? He would be right in the face of ghettobama daily.


27 posted on 08/07/2012 5:55:16 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Izzy Dunne

ping


28 posted on 08/07/2012 5:57:45 AM PDT by dalebert
[ Post Reply | Private Reply | To 3 | View Replies]

To: Cincinatus' Wife

Just got thru reading this latest outrage from the Obama Administration. Let us not forget that Obama and his thugs also closed republican owned dealerships all over the country. This is the most corrupt administration in the history of this country.


29 posted on 08/07/2012 6:07:47 AM PDT by penelopesire (TIME FOR A SPECIAL PROSECUTOR!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: penelopesire

I think this is a campaign ad that would get to Every working American directly.

All those delphi workers who were screwed standing in a group with a background voice reading the “testimony” of Turbo Timmy and his merry band of thugs and then the printed emails plastered on the screen showing they lied to the courts and screwed these people out of their Pensions.

The last voice over could be ‘They got away with shafting these Americans out of their retirement imagine what they will do to you if re-elected.’


30 posted on 08/07/2012 6:26:16 AM PDT by VRWCarea51
[ Post Reply | Private Reply | To 29 | View Replies]

To: eyeamok

Millions were spent procecuting Roger Clemens for lying to congress about steroid use. Here 20,000 families get the shaft and Congress will do nothing.


31 posted on 08/07/2012 6:26:20 AM PDT by CMAC51
[ Post Reply | Private Reply | To 4 | View Replies]

To: txrefugee

“Why doesn’t Romney have the Delphi retires gather en mass for a campaign commercial, a la BO’s Bain ad with that old steel worker who was laid off?”

I LOVE your suggestion. I think people who oppose Obama’s policies (and outright criminality) are craving action by the Romney camp that would bring some of the most grevious injustices of the administration to the forefront.

What is holding Romney back? And, by that I mean—what are the negatives to this strategy that he perceives?


32 posted on 08/07/2012 6:33:27 AM PDT by MNGal
[ Post Reply | Private Reply | To 26 | View Replies]

To: VRWCarea51

Agree. If Romney doesn’t use this outrage in a commercial he just doesn’t want to win. I suggest we also call Boehner’s office and demand he call for hearings and a special prosecutor. Obama and his thugs are breaking the law with impunity.


33 posted on 08/07/2012 6:37:29 AM PDT by penelopesire (TIME FOR A SPECIAL PROSECUTOR!)
[ Post Reply | Private Reply | To 30 | View Replies]

To: penelopesire

Romney is making me ill with his panzi ass campaign so far.

Pathetic how weak he is and afraid tot ake on Thulsa Doom Obama.


34 posted on 08/07/2012 6:38:45 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
[ Post Reply | Private Reply | To 33 | View Replies]

To: arichtaxpayer

Never give up. If you were one of the ones whose pension was destroyed for political reasons you and your group should make a TV ad proclaiming the truth about the situation. Don’t frame it as a political advertisement, as it would get lost in the plethora of ads on the airways this year, make it look like a call by one of these ambulance chaser lawyers’ firms. Get the truth out and get it in front of peoples’ eyeballs............


35 posted on 08/07/2012 6:55:50 AM PDT by Red Badger (Think logically. Act normally.................)
[ Post Reply | Private Reply | To 7 | View Replies]

To: arichtaxpayer

Saying a prayer for you both!


36 posted on 08/07/2012 6:58:17 AM PDT by HollyB
[ Post Reply | Private Reply | To 7 | View Replies]

To: txrefugee; arichtaxpayer

Probably something Romney could help bring attention to. Something to think about.


37 posted on 08/07/2012 7:01:22 AM PDT by HollyB
[ Post Reply | Private Reply | To 26 | View Replies]

To: Cincinatus' Wife
The Obama Administration’s outgoing pardon list will be very, very, very long.

That's what makes the work done by Sheriff Joe and the MCSO Posse so very, very, very important. Every last EO and every single pardon of his have to be completely and totally eradicated!

Nothing is going to happen before the new president is elected and sworn in, but afterward we need to stay on the backs of both houses of Congress until they invalidate everything the star of the most outrageous long con in history has perpetrated! Everything!

No "new tone" crap! That only led to an increase in the level of corruption because all the perps knew they'd get away with it.

38 posted on 08/07/2012 7:07:58 AM PDT by Sal (STAND YOUR GROUND laws are the prosecutor's target--GZ is collateral damage.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: penelopesire
I suggest we also call Boehner’s office and demand he call for hearings and a special prosecutor.

Boehner? Call for hearings and a special prosecutor? Boehner! You're kidding, right?

39 posted on 08/07/2012 7:14:17 AM PDT by Spartan79 (I view great cities as pestilential to the morals, the health, and the liberties of man.)
[ Post Reply | Private Reply | To 33 | View Replies]

To: Cincinatus' Wife
The internal government emails contradict sworn testimony, in federal court and before Congress, given by several Obama administration figures ...

Federal prison for each and every one of them. Mr. Boehner, get off your arse!

40 posted on 08/07/2012 7:25:17 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Spartan79

Yeah...I know...but we absolutely should make our outrage known to him and McConnel. Hopefully after November, we can get new leadership on the house and senate.


41 posted on 08/07/2012 7:27:24 AM PDT by penelopesire (TIME FOR A SPECIAL PROSECUTOR!)
[ Post Reply | Private Reply | To 39 | View Replies]

To: MNGal

IF Romney & the RNC don’t want to put together such an ad directly, how about all thos large PAC’S?

The Koch brothers should be VERY interested.


42 posted on 08/07/2012 7:28:52 AM PDT by ridesthemiles
[ Post Reply | Private Reply | To 32 | View Replies]

To: eyeamok

The next Congress and US AG will be busy prosecuting all the corruption that is the Obama administration.


43 posted on 08/07/2012 7:38:36 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Cincinatus' Wife; All
one word
"B@$T@RD$!"
DON'T (NEVER) EVER FORGET!

44 posted on 08/07/2012 7:40:33 AM PDT by skinkinthegrass (WA DC E$tabli$hment; DNC/RNC/Unionists...Brazilian saying: "$@me Old $hit; different flie$". :^)
[ Post Reply | Private Reply | To 1 | View Replies]

To: txrefugee; VRWCarea51; ridesthemiles; HollyB

Romney has spoken about us, especially in Ohio and Michigan. So believe me, he knows. We have been in intense contacts with several congressman and senators, but either their hands are tied or don’t have the guts to proceed with a remedy. Of course they ‘support us’ whatever that will get you.

Romney DID make a web ad a while back regarding our pensions.
http://thehill.com/video/campaign/228189-new-romney-web-ad-raps-biden-over-autoworker-comments


45 posted on 08/07/2012 7:41:48 AM PDT by arichtaxpayer
[ Post Reply | Private Reply | To 26 | View Replies]

To: Cincinatus' Wife

Scooter Libby was convicted of lying to and FBI agent based on the FBI agent’s hand written notes of the interview. These lying bastards will escape unscathed. Why do Dems make such good politicians? Because they have absolutely no scruples whatsoever.

The Dems are aided and abetted by spineless Repubs.


46 posted on 08/07/2012 7:42:56 AM PDT by Saltmeat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife
And, once again, I presume the major media will either not report this or deemphasize it. The lock that Obama has on the print and broadcast media is of incalculable value and worth the equivalent of billions in campaign contributions.
47 posted on 08/07/2012 8:16:00 AM PDT by Truth29
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

Not to worry, the Washington Post and NY Times are on this like white on rice.


48 posted on 08/07/2012 8:18:43 AM PDT by Moltke ("I am Dr. Sonderborg," he said, "and I don't want any nonsense.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

anything less than impeachment and imprisonment would be a travesty for the CONgre$$ional crooks on both sides of the aisle in DC.. where is the oversight? the prosecution?


49 posted on 08/07/2012 8:20:25 AM PDT by NormsRevenge (Semper Fi)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cincinatus' Wife

People who dedicated their lives to these companies are being crucified. And it’s not just Delphi. Retirees from Bank of America are being left with no pension thanks to Chris Dodd and that disgusting Frank.

I despise them all. Heartless, powerhungry monsters.


50 posted on 08/07/2012 8:22:55 AM PDT by Darnright ("I don't trust liberals, I trust conservatives." - Lucius Annaeus Seneca)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-59 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson