Delphi Workers See Pensions Plundered Under Obama
That would be the same UAW who gained majority control of GM itself when the Obama administration trampled established bankruptcy law. And it would be the same General Motors the administration touts as a "success story" on the campaign trail.
Yet more than 20,000 Delphi workers face an uncertain future, and GM's success story is nothing of the sort: of the $50.7 billion taxpayers shelled out to save the company, $27.2 has yet to be paid back - and likely never will be. The much-touted production of the eco-minded Chevy Volt has been suspended due to anemic sales–and GM's 2011 annual report reveals that two-thirds of GM's jobs are located in foreign countries.
Contempt for the law, and the ongoing efforts to stonewall that contempt, form the core of this administration. It is a "template" that can be plugged into any one of numerous scandals this administration has inflicted upon the nation, from the expenditure of treasure, represented by a string of green company bankruptcies and the GM bailout, to the expenditure of blood, represented by the death of American heroes in both Fast and Furious and Benghazi. 20,000 Delphi workers are now well aware that, with respect to an administration that has spent four years picking America's "winners and losers" - based on nothing more than crass political calculations - they belong to the latter group.
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