Wednesday 22 June 2011

GM and Admin Screwed Non-Union Workers Out of Their Pension

Crony capitalism married to Crony Government:
Private emails detail Obama admin involvement in cutting non-union worker pensions post-GM bailout. “New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid “intervening in the day-to-day management” of General Motors post-auto bailout. These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions.” (Via NewsAlert). Bonus question: Did somebody lie to Congress about this?"
   From Glenn Reynolds   INSTAPUNDIT.  11:17pm June 22nd.

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