Dephi was a non-union auto parts supplier to GM. It
employed 20,000 folks. Obama ordered their pension plans gutted as he
prospered the legacy plans of GM's auto union. They register their
complaints in this video.
Understand that Obama did not stop here. In order to
fully please his union surrogates, he destructed the pension plans of
teacher and police unions, folks who had been saving for years, investing as
primary share bond holders in GM. By the time Obama finished tearing down
established contract law as relates to primary bond holders, these
investors/retirees had lost 60 cents on every dollar of their investment.
Their legally protected retirement plans were gutted without a word from
the major media, Fox News included.
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