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New TV Ad Slams Obama, Geithner On Lost Delphi Pensions

doofiegirl BTO-t- BCRA-F ~PWCM~ 2012/08/09 00:44:05
Barack Obama and Timothy Geithner really should be ashamed of themselves. While they will almost certainly retire with fat pensions paid for by we the taxpayers, these actual private-sector workers will have to struggle financially thanks to these two clowns.

Read More: http://www.westernjournalism.com/new-tv-ad-slams-o...

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  • HOMBRE 2012/08/09 02:04:15
    HOMBRE
    +2
    Way to go Obama you P.O.S.
  • GANGA~Patriotic Revolution ... 2012/08/09 02:01:14
    GANGA~Patriotic Revolution BL-100+
    +1
    Great post!

    Here is a little additional info for those interested.

    {The Delphi scandal is simple: While union workers of the GM-affiliated parts maker had their pensions fully covered by the bailout, Delphi white collars were thrown to the dogs - that is, the Pension Benefit Guarantee Corporation (PBGC), which gutted up to 70 percent of workers' pensions. Why? They weren't major donors to the Democratic Party.

    The Delphi employees are the most public victims of a rigged bailout that indisputably helped prevent a collapse of the auto sector during the financial crisis of 2009 - but that also ran roughshod over bankruptcy law, knee-capped bondholders, and eviscerated the life-savings of many teachers, firefighters, and other pensioners. Contrary to Obamedia spin, the Delphi workers' treatment suggests that a proper managed bankruptcy as proposed by Mitt Romney would have been fairer and more transparent. (Not surprisingly, the Delphi hearings got little mention in the MSM.)



    From The Michigan View: http://www.michiganview.com/a...
  • draconiaregina 2012/08/09 01:45:39
    draconiaregina
    +1
    That's it Romney!!!!Take Dear Leader's record and use it for the only thing it is good for,, beating Dear Leader over the head and shoulders with it!

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