Michigan's 17 Electoral Votes - Bought And Paid For in 2012

The Delphi reorganization through Chap. 11 was going smoothly since 2005 in accordance with the bankruptcy laws and now, in steps the Obama administration with a lollipop for the UAW. The PBGC (Pension Benefit Guarantee Corp.) is assuming $6.2 billion to shore up workers pensions, but with a heavy emphasis on UAW pensions at the expense of non-union and small union employees.

We, the taxpayers, are paying for years of UAW excesses and mismanagement in the auto bailouts and the PBGC, a governmental agency that was supposed to be self funding, is now over $33.5 billion in debt.

How can the government be trusted to control spending when the President and Congress are using taxpayers money to buy votes?

The UAW's Defined Benefactor