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GM/Delphi Retirees: Obama, Democrats Shafted Us. Are You Next?

By Editor-in-Chief on August 12, 2012

A new video from conservative advocacy group Let Freedom Ring features the stories of several Delphi salaried retirees who lost their pensions at the hands of the Secretary Tim Geithner’s Department of Treasury and Obama’s senior adviser Valerie Jarrett. “I would ask President Obama why I had no rights and he had all the rights to take my pension away and never ever look back and say not only did I take it from Mary Miller, but I took it from 20,000 other people and their families,” one Delphi salaried retiree, Mary Miller, said.


So you think the Democratic Party and Barack Obama are friends of the workingman, ugh? After all, everyone knows it’s the no-good Republicans that are always looking out for the millionaires and not the everyday Joe and Jane.

 

Delphi, a General Motors company, is one of the world’s largest automotive parts Obama’s senior adviser Valerie Jarrett when the government bailed out GM. At the same time, Delphi employees who were members of the United Auto Workers union saw their pensions topped off and made whole.

Delphi salaried retiree Mary Southerland recounts how she “had interviewed with General Motors at 17 and was hired on at that time, so I had literally spent my whole life with General Motors and Delphi. “Both my husband and I worked for Delphi, and we both lost well over 40 percent (of our pensions).”

Investigations show senior White House and Treasury officials were behind the termination of pensions for 20,000 non-union Delphi salaried retirees and that the Treasury Department, led by Secretary Timothy Geithner and Valerie Jarrett, were the driving force behind terminating those pensions — a move made in 2009 while the Obama administration implemented its auto bailout plan. The emails contradict sworn testimony in which several Obama administration figures have consistently said that the decision to terminate the pensions came from the Pension Benefit Guaranty Corporation (PBGC). The PBGC is a federal agency that handles private sector pension benefits issues. Its charter calls for independent representation of pension beneficiaries’ interests.

GOP presidential candidate Mitt Romney’s campaign has addressed the Delphi pension as well, in a May web video. (First, watch video below then open this one).

Watch the video below and weep – another four years of Democratic control in Washington could see hundreds of thousands of Americans in the same fix: Retirement on welfare and food stamps.

 

 

Posted in , | Tagged , , , | 15 Responses

  • Voice Mail

    Another desperate ploy from the Koch brothers to diminish Obama’s accomplishment saving GM. If GM was allowed to die, like Mitt Romney stated, then *Hundreds of Thousands* of Americans would have lost their benefits. When Romney lays off thousands and ships jobs overseas, that is capitalism. When Obama saves GM, that is “socialism” and “not good enough”.

    • http://www.facebook.com/DeanRey Dean Reynolds

      We have hit a raw nerve with Obama. Otherwise, he would not have sent his
      George Soros funded Media Matters bulldogs after us. Keep up the good work –
      all of you – and let’s not let this CRISIS go to waste.

      • http://www.ice-news.net Editor-in-Chief

        George Soros is the puppetmaster pulling Barack Obama’s strings

    • Rocketjcat

      This is not the Koch brothers! This is the Delphi Salaried Retiree Association who are funding our battle to regain what was stolen from us to pay the UAW. We don’t take donations from anyone other than our own group.

      • Voice Mail

        And the DSRA should feel free to petition the government for redress of grievances. However, one million jobs were saved due to the automotive industry bailout. In a time of shrinking economies, the bailout was vital and a necessary component of stimulating the economy. Why, even Mitt Romney said it was his idea a few months back. Yet, we have forums like this that want to have their cake and eat it to. Obama is responsible for the 8.2% unemployment rate, yet is not responsible for saving 1 million jobs or 29 consecutive months of private sector job growth. Which is it? You are entitled to your own opinions, but not your own facts.

        • Rocketjcat

          Where in this article is anyone complaining about the auto bailout in general? We are fighting for the restoration of our pensions which were taken during it. We just want what we earned, just like the UAW was gratuitously ( auto task force words) made whole.

          • Voice Mail

            You are, of course, correct. The auto bailout was vital and successful. Pithy comments in the article like “So you think the Democratic Party and Barack Obama are friends of the workingman, ugh?” should be summarilly dismissed as the DSRA claims are with the PBGC and not the federal government.

      • http://www.ice-news.net Editor-in-Chief

        Yep, you got it straight.

    • http://www.ice-news.net Editor-in-Chief

      Koch brothers my a.., We are talking about American workers here. Men and women who worked a large portion of their lives looking forward to an expected “comfortable’ retirement only to be stabbed-in -the-back by Barack Obama and the Democratic party who seem only concerned with taking care of the union employees (UAW) of Delphi.
      That’s the ‘Change’ Obama promised America,

  • Serpreco

    Stop the whining and get on with your life. You make me sick with this constant “feel sorry for me”. Don’t try painting yourself as a Democrat that supposedly got screwed by the Obama Administration. You made your bed …. now lay in it!

    • http://www.ice-news.net Editor-in-Chief

      She should stop saying “Feel sorry for me”, you say? This woman and thousands of others spent their adult lives working for this company only to be screwed by Barack Obama and the Democratic Party who’s only concern was talking care of the UAW workers.

    • Neace

      They made their bed? Seriously? These people busted their hump everyday to provide a living for their family and spent many years working toward a retirement. Now it is robbed from them. My dad spent 40 years with GM, now he has to work another job just to make ends meet. Keep promoting Obama with your idiotic comments.

      • http://www.ice-news.net Editor-in-Chief

        Your father and a lot of other Americans have been damaged by Barack Obama’s idea of “Change.”

  • Pale Rider

    Save what you have save, save whom you have to save. We were all employees of GM/Delphi, we are all American Taxpayers, we are all American voters. Unfortunately that’s where all similarities end. We are seeking fairness and equality for all employees of GM/Delphi. What’s wrong with that?

    • http://www.ice-news.net Editor-in-Chief

      Nothing is “wrong” with that. The “wrong” is that those who’s pensions were flushed down the toilet, were non-union workers who mean nothing to the Democrats and Barack Obama.