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newsboy

(89 posts)
Thu Nov 1, 2012, 12:16 AM Nov 2012

Paul Ryan points to President Obama Delphi Failures (GO UAW!)

(mods..... this is satire .......anyway I see the United Automobile Workers (UAW) is on the case!! So it WILL have legs regardless .

This is a damaging MI / OH story concerning Romney with the historically unparalleled twist of blaming President Obama for actions they themselves, Mitt Romney et-al, have been active in and benefited from. The ‘he said she said’ details put off most everyone that have been hit by so much in this campaign. So it is best presented in a way that provides detail but plays on the absurdity of it all. No one in our history has carried such baggage, and gotten away with it, let alone tried to spin it against their opponent. The coverage of this has gone NOWHERE with the MSM.


Delphi was spun off by old GM, and loaded with crippling debt, however coming out of Bankruptcy and aided from the bailout money the Baine style china solution to their future was an unnecessary body blow to the region and union labor in the pursuit of over the top margins.

Delphi is the essential Mitt Romney story Romney not only made money from the bailout he railed against, his close associates and partners EXTORTED added money from the bailout. If that is not enough they canned 10x THOUSANDS of union workers, moved the jobs to China, failed to meet retirement obligations and stuck us all with that ongoing bill, while hiding profits in a offshore tax haven . Plus, to this day, blame Obama for throwing the maximum allowed safety net. This is not a remote BAINE ’I-no-longer-work-there-anymore' story this is a Mitt and Ann investment story and a MITT and Ann hide the money story. There is no one in OH if they could really could know about Delphi could vote Romney Ryan)

>>>>>>>>

In Ohio we have learned that the Obama administration apparently reduced the pensions of GM parts manufacturer Delphi’s former employees by as much as 40% TODAY Paul Ryan himself mentioned, Obama having failed Delphi employees as evidenced by closed Delphi plants.

Retiree Mary Miller, says, “I struggle …. I would ask President Obama why I had no rights, and he had all the rights to take my pension away— and (he said) , ‘Not only did I take it from Mary Miller, I took it from 20,000 other people.’”

And we KNOW this is TRUE not just from Paul Ryan but from the swing state OHIO TV ads, of Let Freedom Ring .a 501(c)(4) nonprofit advocacy organization partially funded by a great American and all around truth teller, evangelical Jack Templeton Jr.

For some, the Delphi story is the very best proof Romney has the right stuff to be President While Obama was supposedly destroying Delphi pensions’ Mitt boldly positioned Ann Romney’s blind money trust into ‘saving’ Delphi. He found a way. He wrote a check to a Hedge fund guided by a close friend and political backer Paul Singer that went on to gain control of Delphi. Singer is perhaps Mitts largest Wall Street backer at $2.3M and some say the reason free enterprise champion Paul Ryan is the VP pick. But rest assure Mitt knows nothing and is ‘blind’ to Ann’s offshore money , Singer, and all of Delphi’s ongoing saga.

Mitt put his interest in Ann’s name because he is Pro-Women and not to dodge reporting any +$50M gains as might be required. Singer, took control of Delphi and its vital steering column production for GM and with a hard, ‘Build it Ourselves’ work ethic and was rewarded the old fashion way with essentially $ 12B in bailout money. This includes $350M they outright demanded for not sinking the entirety of the ‘communist inspired Government Motors bailout. They must make BRASS parts. Here we have a true American standing up and fighting against the government TAKEOVER types even though GM is YOUR CUSTOMER. Obama’s GM Bailout CZAR Steven Rattner (obvious Russian connections) likened this to “extortion demands by Barbary pirates.”

Altogether I guess a piece of $12 billion from US taxpayers. was GOOD for Ann, Mitt Romney has repeated the GM bailout was BAD because it was a ‘payoff to the auto workers union’. No worries about payoffs, Singer got rid of every one of those 25,200 unionized workers (25,200).

For the good of us all, unlike Obama,’ they’ know how to expertly CUT a budget. They whacked 25 of 29 plants all while JOB CREATING no less than One Hundred Thousand jobs (100,000) ...... in China alone. . This is important because on ‘DAY- ONE’ Mitt would get tough on China and he knows them from within. I bet Obama has never been to China and he has never, ever built even one factory there.

Anyway, after the ‘failed policies’ of Obama that ‘took GM into bankruptcy ‘ .Delphi was mysteriously up to the tune of $1.3B .... cash money. However they had a troublesome pension obligation thing, so they simply stopped paying those 47%er type moochers. Again the meddling feds came in and did another Delphi bailout to save the pensioners asses. So Instead of letting Delphi off the hook AND giving the retirees full coverage, Obama types only provided a safety net up to the degree the law allowed. Final analysis per Romney/Ryan : Delphi did not cut workers obligations by 100% it was that Obama crowd that cut the benefits by 40%, the 60% of which drives us further into debt (get it?).

You see, in the end Ann’s money is just too smart. Mitts rails against the Bailouts but Ann blindly racks in the cash. Now worth from $15M to $115M the money is not only blind but 
invisible—and therefore untaxed. Singer moved Delphi’s incorporation from Troy, MI to a tax haven off the coast of France. But, Mitt will be uniquely qualified to crack down on these 1%ers types like Ann, because he knows (don’t tell anybody) where Ann’s ‘blind ‘ money is and he has faced tough Missions in France before.


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Paul Ryan points to President Obama Delphi Failures (GO UAW!) (Original Post) newsboy Nov 2012 OP
The key is rushing it into bankuptcy before it gets any bailout money, otherwise they make no profit reformist2 Nov 2012 #1

reformist2

(9,841 posts)
1. The key is rushing it into bankuptcy before it gets any bailout money, otherwise they make no profit
Thu Nov 1, 2012, 12:24 AM
Nov 2012

It's a little tough to explain this one to "lay people," but it's worth the effort. Once we get enough of the public onto their games, the Mitt Romneys of the world will be run out of town, and if we're lucky, we might be able to claw back a lot of their ill-gotten gains.
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