has really kept a low profile. susan rice chose the opposite, a decision to say i have to save my skin here. maybe prove or disprove whether i m worth the political risk and let me try to cool things down myself. they both took on two different tracks. if the president had decided i think we would have it. there is a feeling in the white house you can t let this lingering. the other problem, they don t want seven confirmation hearings at the same time. they would kind of like to space these out a bit. john kerry going in and out, back doors to avoid the press and not taking questions on this today. chris cizilla, we ll see you later. thank you so much. the business community is closely tracking all of this. the progress or lack of progress on the fiscal cliff talks and also wondering who is going to be the next treasury secretary. joining me steve rattner, wall street finance year, former head of president obama s auto task force. thanks for joining us, steve. first of all, what ab
of this company. steven ratter in says political fixes are wrong. he headed the auto task force to oversee the g.m. and chrysler bail-out and he tells fox news we had lots of conversation whether to require g.m. top off all the pensions. it was not easy to decide where to draw the line. ratner says the uaw had to be in factories if the g.m. bail-out would work and they drew the line at topping off the delphi uaw pension. bret? bret: steve, thank you. latinos are the second fastest growing race group. they will be even bigger and a bigger factor in every election to come. here is chief national correspondent jim angle. vice president biden told a radio interviewer from univision that only he and the president recognize the importance of latino voters. we have a lot of people who don t pay attention the lay te
did they mention the losers of the auto bailout. obama hand picked the losers, the nonunion workers at delphi and completely terminated their pensions and pension losses of up to 70%. at the seam time he used taxpayer dollars to bail out the union pensions at the very same company, picking winners and losers clearly. ha happened to the supreme concern for fairness. shannon: the administration has said that they didn t pick winners and losers it was the pension benefit guarantee corporation that made the decisions. and they say that the bankruptcy was handled like 34 other corporate bankruptcies that same year and testified under oath that there was no pick abouting of winners and losers based on union status. one of the members of obama s auto task force in his sworn dep position he admits it the treasury department position to terminate the pensions of the nonunion workers and bail out the pensions of the union workers. the daily collar reported the
are talking about american jobs which is offensive to all of us. this thing that took place, the july 10 hearing was the post revealing, but, the inspector general has been asking for thousands pages from treasury and the auto task force and the pbgc to find out if they were treated fairly and i do know, they said it does not have to be equal. we determine what is fair. and i said would you say that again because in this country we do believe that fair and equal treatment under the law, so you just said, clearly defined, your definitionairness is in the equal is the union workers could be made whole but the nonunion counterparts, people that work in the same place, they want 70 percent of their pensions, and this is taxpayer money used to bail them out. if you use taxpayer money why in the do it fair and equally. stuart: you have a
chuck, thank you for joining us. new information coming out, the daily caller posted a number of e-mails that involve treasury secretary timothy geithner. administration officials testified on capitol hill that they did not pick winsers and losers. are you convinced that may not be the whole truth? we never believed was solely the pension benefit guarantee corp that made the decisions. we think the entire bankruptcy including what happened to our evenings and what happened to the union pensions were totally orchestrated by the auto task force of the president. shannon: the e-mail discussions by treasury officials kept them