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Detailed text transcripts for TV channel - FOXNEWS - 20120909:17:20:00

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 ....

President Obama , Auto Bailout , Pension Losses , Deform Shannon , Federal Aviation Administration , Taxpayer Dollars , Union Status , Pension Benefit Guarantee Corporation , Auto Task Force , Treasury Department Position ,

Detailed text transcripts for TV channel - FOXNEWS - 20120906:13:35:00

Millions of stockholders. to save a few 10,000 jobs but also sent a few 10,000 jobs overseas and it stuck it to the delphi folks by taking their pensions away. there were lots of ways to save gm. not the way president obama did. bill: this backs up your argument, governor. unemployment rates is up 7.8% in january of 2009. 8.3% today. reading left to right. median income is down, off almost $5,000 in 3 1/2 years. gallon of gasoline is up. almost doubled. 1.84 to 3.82. national debt up about $6 trillion to $16 trillion. those are the points that folks like you have been hammering home for months. yeah, but look, there is an easy explanation of why we have a problem and you saw it on the floor of this convention yesterday. they struggled for almost an hour with three votes, trying to put god back into ....

Billa Second Headline , President Obama , John Sununu , Unemployment Rates , 7 8 , 8 3 , January Of 2009 , 3 1 2 , 6 Trillion , 91 84 , 33 82 , 16 Trillion , Bes God , Democratic National Convention , Hammering Home ,

Detailed text transcripts for TV channel - FOXNEWS - 20120810:20:42:00

What does that do to in investo. stuart: the president said g.m. is roaring back and is number one. number one in world sales is toyota. is g.m. roaring back? guest: of course not. the statistics show that much of the profits were off 41 percent. the first quarter of 2011, they had a record profit, $3.7 billion. what they did not mention, it was $1.5 billion of that, it was a direct result of the delphi spinoff which was less than ford made in profit and we did not bail out ford. as president i am sure the intentions are good, but he just doesn t understand basic economic principles. he is an attorney and he is ....

Number One , World Sales , 7 Billion , 3 7 Billion , 5 Billion , 1 5 Billion ,

Detailed text transcripts for TV channel - FOXNEWS - 20120810:20:43:00

Willing to violate contract law which we know he did to bail out the workers and give government and the workers g.m. stuart: i hard you, craig smith, c.e.o. of swiss america, thank you. a bipartisan group, a bipartisan group of lawmakers is demanding a deeper investigation into the delphi pension controversy after leaked e-mails show the treasury was a driving force behind ending pensions for nonunion workers. my next guest is part of that bipartisan push, republican congressman mike kelly. sir, if brief, it seems they beat up on delphi, the management, to make the bailout cheaper, and to favor the union and 20,000 management people got a third or more of their pensions cut. are those the facts? guest: you do. it comes down do a we talk about union jobs or nonunions we ....

Craig Smith , Contract Law , Pension Controversy , Pending Pensions , Driving Force , E Mails , Hon Delphi , Mike Kelly , Bipartisan Push , Labor Union , Union Jobs ,

Detailed text transcripts for TV channel - FOXNEWS - 20120810:09:17:00

The independent pension benefit guarantee corporation. key officials testified to that under oath. the e-mails recently obtained by the daily caller said that s not the case. that is 3 months before the pension decision was made they had a meeting with general motors and delphi. that calls into question who calls the shots and why. labor union s driving force behind the election in 2008 donating $100 million. money turned out to be well spent for the delphi union workers not really for any one else in this case. sounds like this could have been politically motivated. if they were truly lie behind this these feeks are not made whole while the unions were. there is a hearing to find out what exactly happened. the obvious we is those who saw their pensions cut. will they get their money back? folks have thall enon hard times we are talking about 20,000 ....

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