Quantcast

Questions rising about WH role in Delphi pension scandal

At about the time of the bailout of General Motors, auto parts maker Delphi cut off pensions for the non-union workers, but not the UAW workers, as part of their own bankruptcy restructuring.

Ways and Means Chairman Dave Camp, R-MI sent a letter to Department of Treasury Secretary Timothy Geithner and the White House Counsel indicating he would subpoena all records associated with the termination of Delphi pensions if they refuse to comply with a congressional request for documents.

Obama Campaign advisor David Axelrod addressed the pension issue with reporters on two different occasions, first saying “it was not the decision of the president,” then reversing himself saying it was a “policy the president undertook.”

“Despite repeated assertions that the Obama Administration would be the most transparent in history, Treasury and the White House have continued to stonewall this request,” said Camp. “This investigation has led to more questions than answers, and it is time the Administration comes clean about the role it played in the slashing of the pensions of 20,000 Delphi employees. I understand the answer may be difficult to explain in states like Michigan and Ohio, but politics cannot dictate the timing of when the American people learn the truth. If the Administration fails to act in a timely manner, they may well find themselves on the receiving end of a subpoena that compels their cooperation.”

See the report here:

If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.
About Cheryl Carpenter Klimek

Cheryl Carpenter Klimek has been a political consultant handling public affairs and PAC management for nearly 20 years. Cheryl can be reached by email at Cheryl@bizpacreview.com & on Twitter @CherylBPR

Comments

  1. john Bourdeau says:

    WHERE’s THe OUTRAGE from CONGRESS and SENATORS,,, spineless BASTARDS

    • You are very correct. The republican s have had so many chance in the last few months to impeach this MF and they have done nothing. Boehner must go when Romney takes over. He’s a chicken shit.

  2. Harry Travis says:

    all theleaders in Washington are spineless and they are all useless for they aren’t doing anything but sitting there drawing salaries, it was a federal crime when the dam democrats walked out this year while the vote on obamacare was taking place and noone said a word about it. America we had better wake up and get this bastard out of wASHINGTON along with the rest of his cronies, reed, pelosi, harken and the rest. As a disabled Veteran im sick of the whole lot.

  3. Hank Shae says:

    Axlerod is such a slimeball.

  4. When someone writes an article he/she maintains the thought
    of a user in his/her brain that how a user can know it.

    Therefore that’s why this post is outstdanding. Thanks!

  5. Nice post. I was checking constantly this blog and I am impressed!

    Very helpful info specially the last part :) I care for such information much.
    I was seeking this particular info for a long time. Thank you and good luck.

Leave a Comment

*