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Non-Union GM Workers Protest Pension Theft

From the Daily Caller:

Non-unionized Delphi retirees rally over ‘theft of our pensions’ caused by auto bailout

By Matthew Boyle | Monday Sept 10, 2012

DAYTON, Ohio — From the bed of a Ford pickup truck outside a now-dilapidated former Delphi auto parts plant here, Mary Miller called for transparency from President Barack Obama over the “theft of our pensions.”

Miller, a self-described “divorced mother of four young adults,” and about 200 Delphi salaried retirees gathered at the shuttered auto plant in Dayton last Thursday morning to ask President Obama to right the wrongs they believe his administration inflicted upon them during the 2009 auto industry bailout.

The Obama administration terminated the pensions, health care and life insurance of more than 20,000 Delphi retirees during that bailout. Internal Pension Benefit Guaranty Corporation (PBGC) emails The Daily Caller published on Aug. 7 show the Obama White House and Treasury Department have consistently misrepresented the decision-making process behind the backroom deal.

The emails demonstrate that White House and Treasury officials were behind the pension terminations and that Secretary Tim Geithner and his Treasury Department were the driving force pushing them. The emails also contradict sworn testimony in which several Obama administration figures have said the decision to terminate the pensions came from the PBGC…

Obama doesn’t care about workers. He only cares about union workers. And only because their dues fund his campaign. And their members are his foot soldiers.

The message from the rally on the day of Obama’s speech at the Democratic National Convention was clear: The 20,000 disaffected Delphi pensioners believe the president should fix what he did to them now or they will work to make sure he loses his re-election effort.

Miller and the others here don’t want to play political games, but they feel ignored by Washington. And precious few politicians — Ohio Republican Rep. Mike Turner, for instance, who attended the rally — have weighed in publicly on the controversy…

When the dust settled on the auto bailout, the 20,000 discontinued pensions all belonged to non-unionized retirees. The Obama administration is notably close — both politically and financially — to organized labor. Coincidence or not, the result left a sour taste in the mouths of those left out in the cold.

Oh, it was a coincidence, all right. Just like it was a coincidence that the bondholders and the dealerships also got the shaft. And the UAW got their pensions and benefits and the company.

Hundreds of them cheered as Miller said the Obama administration’s moves that ended up “throw[ing] the Delphi salaried retirees and our families to the wolves” were a “stunning abuse of power.”

“I worked for 22 years for GM and then nine more for Delphi to earn my pension,” she said. “For me and my fellow retirees, the burden of trying to figure out how to make ends meet gets heavier every day, as we struggle to pay our bills without the pension dollars we worked so long and hard to earn.”

Miller believes Obama has failed to represent Americans who didn’t have union bosses arguing on their behalf. “Rather than being a president to all people, President Obama decided to let his henchmen exclude from justice those who weren’t politically connected enough to him,” she said, to booming applause…

“President Obama, you have had three years to fix this grave injustice,” she went on. “But neither you nor anyone who works for you has lifted a finger to remedy this unjust financial burden you chose to permanently place on our shoulders.” …

Let’s hope that none of these people or their spouses got cancer.

Still, given how Obama insists on bragging about giving GM to the unions, this is a Romney commercial waiting to happen.

There are a lot more people in America today who have been hurt by unions than have been helped by them.

This article was posted by Steve Gilbert on Monday, September 10th, 2012. Comments are currently closed.

3 Responses to “Non-Union GM Workers Protest Pension Theft”

  1. canary

    Can the Obama administration be charged like Enron was

  2. BigOil

    This is what tyranny looks like.

  3. GetBackJack

    I’ve got close relatives who are Liberal in a way that makes my skin crawl, but I have to maintain good relations all the same. When I pointed out the theft of Delphi employees paid for equities the response I got … verbatim … “F, them. If they’re not Union they’re parasites on the backs of hard working Union members.”

    Illustrative of why it’s impossible … allow me to repeat … impossible to reason with a Liberal.




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