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A moment of truth for Obama



Published: Mon, September 10, 2012 @ 12:00 a.m.

A moment of truth for Obama

A reporter for the Daily Caller, Matthew Boyle, has established himself as a credible story breaker by his coverage of the Delphi salaried pension situation. Last Wednesday he wrote a story that outlines the possibility that two of President Obama’s appointees who dealt with the auto recovery plan, Feldman and Wilson, may have profited, personally, through private business relationships that are contemporary to their times in government service.

Richard Nixon faced a similar crossroads when Woodward and berstein were fleshing out the Watergate story. Nixon opted to stonewall and twisted himself into a deepening hole of lies and law breaking. Will President Obama learn the lessons of history, or will he allow manipulations of fact and distortion of evidence about the Delphi pensions to continue? His legacy as the savior of the auto industry and the architect of the plan that avoided the great depression of the early 21st Century hang in the balance.

Will this president allow injustice to mar the bold actions he took in 2009. Will he let some characters, who worked for his administration, bent on lining their own pockets at the expense of innocent deserving retirees, escape? Or, will the president of the United States show the mettle many of us hoped he has when we voted for him in 2008 by calling the culprits out and by correcting the wrongs they committed at the expense of workers who tried their best to be good citizens and responsible members of their communities but have been cheated out of their earned legacies?

John W. Vogel, Mineral Ridge


Comments

1Education_Voter(816 comments)posted 1 year, 7 months ago

John Vogel says: "at the expense of workers who tried their best to be good citizens and responsible members of their communities but have been cheated out of their earned legacies?"

I know you Delphi guys think that keeping up a constant complaint will get your pensions restored. You think that threatening the Presidential campaign of the candidate who is pro-worker will advance your goals.

But you come across to me as tone-deaf and unfeeling to workers who lost more than you in other industries. And even to public workers affected by a law called GPO-WEP, which in effect, wiped out their earned social security benefits in 1984. Today, workers who choose to be public school teachers in Ohio (among other jobs) must choose between accepting their previously earned social security OR their pension from work.
Do you still get social security?
Do you still get the lion's share of your pension?
Have to pay for healthcare? Welcome to the real world.

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2Delphisalariedretirees(76 comments)posted 1 year, 7 months ago

Education - We are not insensitive to those Americans who have suffered pension losses. Everyone deserves to fight for what they earned, including us. As far as affecting the current President's chances of reelection, he DESERVES it! Those in his Administration directed that the 22,000 Delphi salaried retirees did not recieve their full pensions, while they used YOUR tax dollars to help fund the full pensions of over 500,000 other reitrees in the SAME companies.
To answer your questions, yes, we do get social security, but what you may not know is that the pension supplement we receive from the PBGC is reduced at age 62 by approximately the amount of our social security. And, our FULL pensions amount to about $36,000 per year. A teacher's pension with 30 years is around 85% of their pay, or approx $50,000 per year. And you complain about losing SS?
Delphi retirees lost 30-70% of their pensions, which takes them down to $11,000-$25,000. Lions' share? I think not!! Oh yea, we lost 100% of our health care. Tell us how much of your health care you lost as a teacher or public employye. Sorry you have to pay 10% of the premiums.

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3Delphisalariedretirees(76 comments)posted 1 year, 7 months ago

Voters - The Delphi salaried retirees have suffered immensely at the hands of the Barack Obama Administration! NOW is the time to fix this unjust issue.

Join us in demanding that Presidnet Obama directs that this issue is satisfactorily resolved BEFORE Nov 6th. Sign our petition at:

http://www.delphipetition.com/

By doing so, you will be helping protect, not just our pensions, but YOURS too!! Thanks you.

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4Education_Voter(816 comments)posted 1 year, 7 months ago

My teachers' pension is not quite $36,000 a year. You see, it depends on how much you earned as a teacher, which in my district, was not much.

Sorry to hear about your social security. Mine was reduced in a like manner, until it was gone,

These days, in my new job, social security is withdrawn, just my contribution to the benefits I don't get.

Yes, I got a new job to pay my healthcare insurance. Delphi retires who receive a smaller pension (11,000 to 25,000) did not have 30 years in the pension system. Everyone who retires early from other jobs knows this happens.
You know what Chris Rock says about the Presidential race? You're like a patient who isn't satisfied with his doctor's fight against cancer. So he decides to vote for the cancer.

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5classics(53 comments)posted 1 year, 7 months ago

Education Voter, I tried to explain some of the circumstances here b4 to u but sadly, you sound like a Hater. What do u think happens to schools when tax payers are robbed of their income to support them & the teachers? Seems to me that you should deduce this kind of stuff. These retirees have to pay for healthcare out of pensions that were basically cut in half. Do u know what healthcare costs for senior citizens who have none? Can u afford about a thousand a month if we cut your pension in half? Be smart here, not an obstacle to what is clearly a benefit for all including the community.

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6cambridge(2918 comments)posted 1 year, 7 months ago

classics....You're worried about what health care costs would be for senior's but from reading the posts from the retirees they all seem to be voting republican. I think your efforts would be better served if you "explain some of the circumstances" to those retirees.

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7classics(53 comments)posted 1 year, 7 months ago

cambridge, the reason many are voting Against Obama is for what he has put them through. Everything they worked for was ripped away in the President's bailout of GM. The Admin has been obstructive to their requests for transparency & FOI requests, witnesses for the Admin have lied under oath, retirees have had to spend millions to get some answers to where all their pension money went. And they should trust him to administer healthcare fairly? These folks have no healthcare, life ins or much of their pension BECAUSE of him.Past performance is an indicator of future. Barack Obama does not deserve, nor has he earned reelection.

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8cambridge(2918 comments)posted 1 year, 7 months ago

classics....I believe Delphi went bankrupt during the bush administration. bush called for the bailout of the auto industry and romney is taking the credit for it. If Obama, as you say actually was the one that saved the auto industry with loans for GM and Chrysler, how would things be different for the Delphi people if he hadn't?

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9classics(53 comments)posted 1 year, 7 months ago

cambridge, Delphi & GM came out of bankruptcy in 09 under the handling of the Treasury''s Presidential Auto Task Force so the final decisions on how to handle the retirees was done by them. The salaried pension fund was terminated under them, only to learn that it was no where near being underfunded to the degree that was portrayed. The pensions and liens held to protect them were merely in the way of this expedited bankruptcy. Political favorites had benefited protected, others were robbed with no explanation. The rule of law was ignored. This was private industry yet the government put their politics into it. President Obama has shown he is just another politician, despite what he promises when he campaigns. He is dangerous for our country.

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10DwightK(1179 comments)posted 1 year, 7 months ago

The PBGC is the authority when companies go bankrupt and pensioners need paid. I would like all pensioners to get their money but where will it come from? Do we go further in debt to make these pensioners whole? Do they not receive SS and Medicare? It sucks that the company went bankrupt but where is the money for pensions supposed to come from?

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11jimbexeleyspeed(1 comment)posted 1 year, 7 months ago

I hate to tell you but the writing was on the walls for Delphi pensions way back in the mid 90's when GM created the parts division and allowed loyal GM employees (Battenberg/Dawes) to manage and serve on the Board. The purpose of this action was to sever it's liability. It did so masterfully and even secured the government to do its bidding by financing and, now, taking the fall.

There are some historic injustices taking place from one end of this county to the other. The Delphi Salaried are just the latest class to take it from the man. As long as the genesis for our laws is corporate America, get used to it.

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12cambridge(2918 comments)posted 1 year, 7 months ago

Since Delphi is still in business I would say that's where the retiree's should go for satisfaction.

In regards to the government, the Delphi retiree's are being paid a part of their pension, part of their health care and social security and medicare. I would guess that it would be pretty hard to find a group of people getting more money from the government sitting on their butt. They want the government to give them more money and they think the way to get their pension and health care compensation increased is to vote for romney? That's hilarious he got rich cutting people's wages, pensions and benefits that were working and now you think he's going to give more government money for people that don't work? Dream on.

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13Education_Voter(816 comments)posted 1 year, 7 months ago

classics, this is what I mean when I say that auto industry workers have no idea how the rest of our country works. Yes, classics, my health care is $1,000. a month, which is why I got another couple of jobs. (Altogether, still easier than my day during my teaching career.)

We would have some sympathy for your plight, except that you are so uselessly vengeful toward people who meant you no harm, and so ungrateful for what you do have, and the great salaries you got over the years.

Yet I always did buy American cars, and still do to support auto workers.

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14Delphisalariedretirees(76 comments)posted 1 year, 7 months ago

Thank you to those of you who are supporting the Delphi retirees AND our Valley by signing the petition

http://www.delphipetition.com/

The volumes of signatures being targeted in key swing states will change the out come of the Presidential race, unless Presidnet Obama fixes our issue BEFORE the election.

Mr. Vogel is right. Obama will leave as another Nixon if he choses not to DO THE RIGHT THING.

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15DwightK(1179 comments)posted 1 year, 7 months ago

But where would the money for the pensions come from? I guess the government could sell some GM stock. Otherwise it's just tax payer money.

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16Delphisalariedretirees(76 comments)posted 1 year, 7 months ago

Dwight - Various proposals have been proposed that require ZERO taxpayer dollars. The funds are already in the PBGC. These funds are money that Corporations are required to pay into the PBGC to protect pensions, NOT taxpayer money.

What better way to use these funds...

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17classics(53 comments)posted 1 year, 7 months ago

Education Voter, if you were a teacher, then that explains the test scores and grad rates around here. You have been presented some facts here and still don't get it. You need to go back to school yourself but this time make it a charter.

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