June 23 2011
Given the mainstream media's mouth foaming during the release of Sarah Palin's private emails, one wonders how excited the mainstream media will be to cover the private emails of Treasury officials that contradict claims by the Obama administration that the Treasury Department would avoid "intervening in the day-to-day management" of General Motors post-auto bailout.
The emails, obtained by The Daily Caller back-up the not unsubstantial claim that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions.
The DC reports:
At a Wednesday hearing, the House Oversight Committee's Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.
The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers' pensions. The evidence suggests Geithner's team played a significant role in that process, despite claims to the contrary.
In 2009 congressional testimony, senior Obama administration official Ron Bloom said the president told the Treasury Department to stay out of the management of these companies and downplayed any administration intervention.
My guess is that unless these emails reveal a Palin connection, this probably won't make your morning paper or nightly newscast.