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Friday, July 15, 2011

Obama auto czar on bailouts: "I did this all for the unions"

Ron Bloom, the Obama administration's former auto czar who orchestrated the bailout of General Motors Corp. in 2008, responded on Thursday to claims from lawmakers that he lied to Congress.

During a June 22 congressional hearing about the lasting implications of the bailout, Rep. Dan Burton (R-Ind.) asked Bloom if he ever said he "did this all for the unions," a statement that Burton said came from two independent accounts. Bloom, now assistant to the president for manufacturing policy, replied at the time that he was misquoted.

Lawmakers later wrote a letter to Bloom asking him to clarify his remarks. He responded Thursday in a letter to Reps. Darrell Issa (R-Calif.), Jim Jordan (R-Ohio) and Burton.

“I do not recall making the alleged comment that was the subject of Congressman Burton’s inquiry,” Bloom wrote. “Nonetheless, given the amount of time that has passed since the dinner in July of 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.” Full story

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