White House Big Labor Insider: Bailouts "all for unions"
Ron Bloom, the top White House auto bailout official who has flatly denied accusations that he once said his work on the bailouts was “all for the unions,” now admits that he might, in fact, have said those words, Byron York reports:
A few weeks ago, in sworn testimony before the House Committee on Government Oversight and Reform, Bloom said denied four times that he said “I did this all for the unions” at a July 2009 party attended by most of the bailout team. But in a new letter to committee chairman Rep. Darrell Issa, Bloom writes that he does not recall making the comment, but “given the amount of time that has passed since the dinner in July 2009 and the fact that others may have a different recollection, I cannot say with absolute certainty that I did not make the alleged comment.”
The Obama Administration touts the bailouts of the car companies as a prime economic success story. That may be true for the union bosses of the UAW but it is not the case for the taxpayers.