E-Mails Show Geithner, Treasury Terminated Pensions of Non-Union Workers
7th August 2012
In what may contradict testimony by Obama administration officials under oath and may be a violation of federal law, The Daily Caller obtained emails that show Timothy Geithner’s Treasury Department “was the driving force behind terminating the pensions of 20,000 salaried retirees at the Delphi auto parts manufacturing company,” and the move, according to The Daily Caller, “appears to have been made solely because those retirees were not members of labor unions.”
My, what a surprise! Aren’t you surprised? I’m sure surprised.
August 7th, 2012 at 14:21
Remember the Borg? “You will be assimilated. It is futile to resist.” (Or cease to exist.)
August 7th, 2012 at 16:50
Union members are covered by contracts. Salaried employees are not.
I don’t know the details, but therein may lie the difference: terminating the union pensions may have violated labor law.