Page 5 - Auto Task Force News Today

Talked about it. they acknowledged it. i think there was even a web ad about it a couple of months ago. this is not a new story. i reported on it in september 2010 when the plight of these workers first came out. that the fighting litigation, fighting the white house on obstruction and a stone wall of information, on how exactly the treasury department and the auto task force co- lewded to pick winners and losers on the obligations they would choose to meet. and the nonunion delphi white collar ...

On their statements they had nothing to do with our pensions but that is just in the true. they cite the gao report which didnt look into our pensions at all, and failed to mention the report that has already found that the treasury layed a role, the auto task force played a role in the pension loss if us. >>stuart: looking down the road do you think there is any hope you be made whole? any hope? >>guest: i think so. i believe we have a strong case. i think we will win in the court of law. but t...

They were going to pick winners and losers. >>stuart: would do you blame? >>guest: no doubt who is to blame. the auto task force was basically orchestrating every bit of the g.m. bankruptcy including our pension termination, the top offs to the unions. its with all being done by that group, the auto task force with concurrence from the administration. >>stuart: you were an executive, on the management side of things. the management people lost a third, maybe 40 percent of their pensions. the uni...

Record. obama will try to make it a choice record obama versus romney. >>trace: chris, thank you. you can catch chris on fox news sunday this weekend with exclusive interviews with senior romney campaign advisor and former advisor to the obama administrations auto task force that is this sunday on fox news sunday. jurors in the john edwards say the prosecution did not have enough evidence to convict. legal experts said the case never should have made it to a courtroom. so, why did the justice de...

Guest angry but he did not work for this steel company like those guys. a retired worker whose pensions and benefits were devastated by the presidents auto bailout, and that is some you were on the hook for as a taxpayer, so, you think we are in the getting the whole story. what happened to you. >>guest: well, i dont think we are getting the story at all. i find it incredible the obama campaign would put out an ad such as this when they caused the suffering for so many delphi, 20,000 employee wo...

Adviser on president obamas auto task force and john heileman. msnbc political analyst and writes for "new york" magazine. gentlemen, i want to start with steve. take a look at something you wrote in todays "new york times." you wrote romneys managed bankruptcy plan, quote, sounds like a wonderfully sensible approach, except that its utter fantasy. ive heard you say this before, but remind us. what is his plan and would it have killed the auto industry? >> you just heard him say he wanted them t...

Theres he opposed president obamas bailout of detroit, while at the same time arguing that the bailout worked. because the president did exactly what romney said he suggested all along. heres romney taking a step at that argument at wednesday nights debate. >> i wrote an op ed in the paper and i said absolutely not. these companies need to go through a managed bankruptcy just like airlines have and other industries have. go through a managed bankruptcy. and if they go through the managed bankrup...

>> i wrote an op ed in the paper and i said absolutely not. these companies need to go through a managed bankruptcy just like airlines have and other industries have. go through a managed bankruptcy. and if they go through the managed bankruptcy and shed the excess of cost put on them by the uaw and their own mismanagement, then if they need help coming out of bankruptcy, the government can provide guarantees and get them back on their feet. >> well, just the proof that he had that audience stac...

On the auto task force. >> thats right and the reason i joined is i felt it was clear both the bush administration and obama administration was going to provide capital to the companies and i wanted to see it be done right. i led the general motors turn around, as well as the chrysler deal. thats the reason i felt comfortable with that. one, it was a once in a 75 year situation. >> yeah, but were not going to get all the money back from gm, it doesnt sound like. >> if we had waited to stop, we w...

I mean, republicans continue to fight it. in fact, even last week i continued to hear republicans talking about this bailout of gm and how the government shouldnt have done that. i just would challenge them to look in the faces of those millions of families that have jobs today and have a secure future and is getting brighter and brighter every day. that would not have been the case had the government not stepped up. >> so the republicans deregulated wall street. they went and played with their ...