My brother-in-law is one of the Delphi retirees that got stiffed by the government. I’m forwarding this article to him.
My husband is one of the salaried retirees. I could give you an earful on the situation. But one REALLY important thing, unmentioned in all the articles, is that the pension was funded better than most pensions out there today. But yet, since it was thrown to the PBGC, monthly pensions are reduced from 30-70 percent. Totally unnecessary.
Why am I not surprised?
Everything this administration touches is corrupted by their presence!
“Dats a nice lookin’ pension ya got dere...”
The GM bailout is like a tapeworm that has the luxury of living in two people at the same time.........GM and the American taxpayer. They are a scientific marvel to behold; a parasite that can multitask hosts.
Waiting for the NY Times front page expose on this....
any day now ...
yup ...
just like waiting for Godot
Clarification please, somebody. Did these 20,000 get anything? Doesnt the PBGC Guarantee 60% or some such percentage of all pensions?
Pubbies should hit hard in the “auto states” with ads regarding this fiasco. It isn’t reported by the crappy American press,...therefore, in terms of public consciousness, IT DIDN’T HAPPEN.
All those dealership employees, too, tens of thousands of employees screwed by Obama. If Romney killed Mr. Scoopitus’ wife, then Obama destroyed 100,000 auto industry jobs.
Report: ATF gun part of plan to kill Juarez police chief Julián Leyzaola
Holder's Perez: Perjury on Panthers?
Some noteworthy articles about politics, foreign or military affairs, IMHO, FReepmail me if you want on or off my list.
Report: ATF gun part of plan to kill Juarez police chief Julián Leyzaola
Holder's Perez: Perjury on Panthers?
Some noteworthy articles about politics, foreign or military affairs, IMHO, FReepmail me if you want on or off my list.
btt