Tuesday, January 24, 2012

Let's be fair...

"The president says one thing and does another. He boasts of how the U.S. auto industry has rebounded, expresses concern for the middle class, and appeals for fairness. But his rhetoric is contradicted by how his Administration treated salaried retirees of auto parts maker Delphi Corp. in 2009. We're confident our two year old federal lawsuit (in which the government refuses to participate in the court-ordered Discovery) will prove that his Administration influenced the Pension Benefit Guaranty Corporation to unnecessarily seize our pension plan in 2009. Then, his Auto Task Force picked "winners and losers" by giving GM enough bailout money from taxpayers so the automaker can "top up" the lower government pensions being paid by the PBGC to union represented Delphi retirees but not salaried retirees. He thumbed his nose at middle class retirees like us in a process that was not only unfair, but also illegal. We can prove that no taxpayer monies are now needed to restore the pensions we earned."

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