Wednesday, August 8, 2012

Obama lied, pensions died!

Ace brought the flaming skull out for this one.

Remember when the Obama administration tried to blame the PBGC for screwing non-union Delphi workers out of their pensions?  As it turns out, not so much... the PBGC wasn't even allowed to attend the meeting where this decision was made.  Aside from the unseemliness of Obama looking out for his union backers while making sure everyone else gets shafted, we also have the issue of whether or not Timothy Geithner's exclusion of PBGC was a violation of the law... the PBGC is supposed to be making these decisions, not merely acting as the scapegoat for decisions made at the Department of the Treasury.

By the way, did any of those non-union Delphi employees happen to have wives who later died of cancer?  I'm asking for a friend.

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