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Delphi retirees say Obama administration betrayed them
nbcnews.com ^ | November 4, 2012 | Talesha Reynolds and Lisa Myers

Posted on 11/05/2012 2:09:16 AM PST by John W

At first glance, David Kane, 63, appears to be solidly middle class. He has a home on a lovely suburban street in Sandusky, Ohio, and a boat docked in the nearby marina.

But looks can be deceiving. Kane doesn’t have television or even a functioning wristwatch. He and his wife Dianne live on their boat, a 1976 Trojan Tri-Cabin in need of repair, for part of the year to save on utility costs. He does outdoor maintenance at the marina to pay for the docking fees.

After a 35-year career at Delphi, the primary parts supplier for General Motors, Kane expected retirement to look much different. He left the company at age 54 as it was downsizing, and he was offered a buyout.

But in 2009, Kane received word that, as part of the bailout to save General Motors, the pensions that he and 20,000 fellow Delphi salaried employees were promised would be reduced 30 to 70 percent.

(Excerpt) Read more at openchannel.nbcnews.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: delphi; obama

1 posted on 11/05/2012 2:09:22 AM PST by John W
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To: John W

Yeah but, the ones who live in Michigan can take comfort in knowing that that shell of a pension they do get is being taxed by Gov. Rick Gran...er,uh Synder of the NOT Taxed Enough Already Party. Ricky and his sycophants at NOT Tea think that’s only FAIR.


2 posted on 11/05/2012 2:16:17 AM PST by RushLake (We are not necessarily voting for Romney so much as we are voting against Maobama.)
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To: onyx; maggief; SE Mom; penelopesire; MinuteGal; stephenjohnbanker; Liz; thouworm; LucyT; ...

This little gem from nbc news should sweeten your morning coffee....All are not happy in Ozzzzzzzzzzzzz.


3 posted on 11/05/2012 2:27:54 AM PST by hoosiermama (Obama: "Born in Kenya" Lying now or then.)
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To: John W
This from the article:

The DSRA retirees are a politically diverse group – Republicans, Democrats and Independents – but regardless of political stripe, many of them believe the Obama administration betrayed them. Howard Collins, a Democrat, said he voted for Barack Obama in 2008 but isn’t sure he would do so again.

Elections have consequences. Grow up.

4 posted on 11/05/2012 2:35:12 AM PST by stormhill
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To: stormhill

Yes they do. Since I’d love his vote for Mitt Romney, I might phrase that differently to his face.


5 posted on 11/05/2012 2:47:54 AM PST by John W (Viva Cristo Rey!)
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To: John W
Tact is important. My problem with this fellow is that after collaborating in bringing The Disaster down on all our heads, he wants to whine about how it inconveniences him!
6 posted on 11/05/2012 3:16:43 AM PST by stormhill
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To: John W

The only way Obama could have betrayed him is if he voted for Obama which he probably did.


7 posted on 11/05/2012 3:29:43 AM PST by ravenwolf
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To: stormhill

They’ll all vote obama. They always do.


8 posted on 11/05/2012 3:43:04 AM PST by gotribe (He's a mack-daddy http://www.youtube.com/watch?v=AV415yit7Zg)
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To: John W

hey Delta retirees, how ya gonna vote tomorrow?


9 posted on 11/05/2012 3:43:33 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: John W
I still don't understand why the oh-so enlightened (as opposed to we dunces and peons who operate using "common sense") and knowledgeable pseudo-intellectuals, didn't find a handful of these people and make a commercial to be broadcast all over states like MI and Ohio to counter Dear Leader and the RAT Party's meme of how his policies "saved" the auto industry.

I'm betting that most people (thanks to the corrupt, biased MSM) still don't know what a "sweetheart deal" the Unions received and how much of our Tax $ went into this bailout as well as how much "we" lost (and is still owed) on this "deal?"

10 posted on 11/05/2012 3:52:41 AM PST by neveralib
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To: John W

Oh...NOW nbc decides to report on this.


11 posted on 11/05/2012 4:19:02 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: stormhill

” My problem with this fellow is that after collaborating in bringing The Disaster down on all our heads, he wants to whine about how it inconveniences him!”

Reminds me of a story a freeper posted about his liberal obama supporting boss just after obama signed the credit card reform bill. This boss of his racked up a lot of business charges on his credit card. As a result of this, the boss was getting a lot of freebies from the credit card company in the form of free airline tickets which the boss put to good use. After obama signed the credit card bill, all those freebies came to a dead halt. The freeper asked his boss, didn’t he know that the credit card bill was going to affect credit card holders this way? The boss responded, yes, he knew. But he didn’t know it would apply to him.


12 posted on 11/05/2012 4:27:18 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: lowbridge

NBC must know Obama is going to lose BIG.


13 posted on 11/05/2012 4:28:42 AM PST by SeaHawkFan
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To: John W

” Was this a political favor for a powerful union that backed President Barack Obama, as critics claim?”

Yes.


14 posted on 11/05/2012 5:24:48 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: hoosiermama; onyx; maggief; SE Mom; penelopesire; MinuteGal; stephenjohnbanker; Liz; thouworm; ...

Obama burned all the bondholders, and everyone else BUT the unions. The wat GM is going now, in 10 years, few cars will be made in America.


15 posted on 11/05/2012 7:12:14 AM PST by stephenjohnbanker ((God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.))
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To: stephenjohnbanker

That’s OK, at the prices they’ll charge they won’t need to sell many to show a profit...


16 posted on 11/05/2012 8:17:49 AM PST by null and void (Day 1385 of the Obama hostage crisis - Barack Hussein Obama an enemy BOTH foreign AND domestic)
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To: null and void

Yeah....


17 posted on 11/05/2012 8:22:56 AM PST by stephenjohnbanker ((God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.))
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To: SeaHawkFan; All
NBC must know Obama is going to lose BIG.
..does this mean; Chrissy Matthews get/got a
NBCompany reprise to start drugging-up early?

18 posted on 11/05/2012 8:46:59 AM PST by skinkinthegrass (Anger a Conservative by telling a lie; Anger a Liberal by telling the truth. - RWR 8-)
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