Page 896 - Pensions News Today

Call she hosted with the man back in may where he told his story. listen. >> after we lost our jobs, we found out we were going to lose our health insurance and that our pensions hadnt been funded like bain promised they would be. i was lucky to find another job as a custodian in a local school district. they gave me some health insurance, but i couldnt afford to buy it for my wifement although later she was diagnosed with lung cancer. >> thank you, joe. we appreciate you and david sharing your ...

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 pensio...

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 ...

That the obama campaign has its fingerprints all over this line of attack. they put joe on a conference call with the press where he made these scurrilous accusations with stephanie cutter who is the deputy campaign manager of the obama campaign, and all of a sudden shes on television saying ive never heard of this story, we have nothing to do with priorities usa. well, they do have a lot to do with priorities usa. they came up with this opposition research, they fed this to the press, they flak...

Soptic has about what it did to his and him family and theres probably many people like that who have had their lives destroyed, removed the inability to get health care, the inability to send their kids to college because weve outsourced and outshored millions of jobs in this country. >> what are you saying to the right wingers who say she got sick three years after that plant closed. my next answer is he would have worked the next 20 years if given the chance. >> joe and many others would have...

No time line, no frame reference or mention of the fact that romney was at bain at the time or this wife had health insurance before she lost it. it was long after her husband lost his job at bain. there are so many problems with this. but what republicans need to realize is they need to shift the focus back to the economy, back to the fact that we are at 42 straight months with the unemployment numbers over 8%. and this is a wonderful opportunity as horrible as it is to say lets look at the imp...

Out of meetings where they would have been discussing pensions. do you feel like a brand-new investigation is warranted? we know at least one member of congress is calling for that to happen. >> we would appreciate anything congress can do. we have been part of five hearings so far. we have bipartisan support in both the house and senate to get this resolved. but nothing has happened. we appreciate particularly representative turners work in this. but again we have been fighting this lawsuit for...

Exacerbated by looking across the parking lot and seeing workers who were union workers didnt deal with the same loss and the same pain? >> its terribly frustrating. we are not saying those people didnt deserve what they earned. we would just like the same treatment. many of these workers worked side by side for years. their neighbors. they live in the same neighborhood. they are friends, they are family members. so blatantly unfair what was done. shannon: you mentioned a number of hearings that...

Below the belt? the use of the story in an ad, how they say its scurrilous, slanderous? >> absolutely not. absolutely not. i think this is a story that joe has about what it did to him and his family. and theres probably many, many other people like that who have had their lives destroyed, had their families destroyed, removed the about ility to have health care, to send their kids to college because we have outsources and offshores jobs in the country. >> what are you saying to the right winger...

Some of the decisions that were made, the corruption, its truly an amazing story. >> bill: is there one thing? im under the impression that pensions and disabilities are what is bankrupting the cities and counties around the country. is that correct? >> its fair to say in most cases that the pensions are the biggest issue. >> bill: okay. >> and long term, they just cant pay for t. >> bill: right. so the politicians sold out the folks by giving the unions pretty much everything they wanted they w...