what is delphi? delphi is the old telco auto parts division of gm. you know delco batteries. we had gm that desperate to cut off its own parts and set off delphi as a separate company which immediately pretty quickly went bankrupt. well, down went the vulture's and they pick.delphi corp. out of bankruptcy court for 67 cents, a darned good deal for the entire auto parts division of general motors. 67 cents a share. within two years they flipped it. they went public at $22 a share. share. that is it 3200% prophet that they weren't done. they weren't done. delphi had 29 plans in the u.s. and the delphi group sold it back to gm and the rest, every single plant was sold, was sent off to china. every single uaw job, everyone, 25,200 uaw workers including -- i got a call from michael moore. his dad had the delphi plant and flint michigan. every job sent to china, every one. now that was not the plan. obama's administration came up with the deal with the owner of detroit to take over the delphi unit and basically give it back to general motors. gm, the pistons and the u.s. government

delphi was and is gm's top parts supplier.ading through bankruptcy canceled employee pensions handing off the remains to a federal government a nightmare for delphi retirees. >> my pension went from 2,550 dollars a month to the government paying $335 a month. >> the folks at the international union wanted help. if gm restored the union's delphi pensions the uaw would go along with the bailout. gm agreed. >> when you heard the union pensions are being topped off you would think everybody would be treated fairly and equally. that was not the case. >> 20,000 salary delphi retirees got no pension bailout. many suspect they know why. >> the union had political connections and we do not. >> that's it? >> rose charges it was a simple political calculation a democratic president and his administration taking care of democratic ally organized neighbor. >> i believe in the value of this company. >> charges of political fixing in the bailout are wrong he says. they were overseeing the gm and chrysler bailout. he tells fox news we have lo

now, delphi is critical to the automobile manufacturing business. of course, manufacture parts that go into automobiles with general motors that they just couldn't make the vehicles without delphi's assistance. is that correct? >> right. if the parts don't come in, they can't build the cars. >> okay. so what happened here? what did romney's group do that was so terrible? >> well, they bought up the stock at this really low price then they demanded much larger cost per part from general motors. much bigger payments from general motors in order to deliver the parts. at a point, they were willing to force general motors to go into liquidation. they didn't invest that much, and to get this unbelievable, really i would call it, immoral return, they held up general motors, said if you don't pay us these extra costs then we're not going to deliver the parts. without steering columns and brakes and other parts you can't build a car. >> that, of course, would have halted the automobile rescue and the progress we have seen today. so, in other words, it was af

automotive, a key supplier of parts to general motors, and how delphi's new owners got rid of 25,000s, dumped pensions and leveraged more than $12 billion in rescue funds by threatening to withold key auto parts from reaching gm's assembly line. "the hedge fund held up steering columns and other things that had gm not gotten them, they would've gone under. chrysler as well." "they were literally willing to risk the survival of gm to make as much money as they could." steven rattner, former counselor to the treasury during the bailout period, called it "extortion demands by barbary pirates." palast says delphi relocated parts plants in china and emerged from bankruptcy, going public last year. the company, purchased by the romneys' hedge fund at 67 cents per share in 2009, sold for $22 a share at the ipo - a 3,000% profit for investors like the romneys. a return largely the result of the auto bailout that romney so publically opposes. "it further solidifies the democrats' and labor's picture of romney as out-of-touch and more interested in personal wealth creation than job creation."

they decided to draw the line at topping off the delphi uaw pensions. back to you. >>> steve brown, thank you. 4 minutes until the top of the hour. talk about a proper sendoff for a soccer coach being deployed to afghanistan. >> can you figure out the word of the day? there it is. stick around for the answer.

palast says delphi relocated parts plants in china and emerged from bankruptcy, going public last year. the company, purchased by the romneys' hedge fund at 67 cents per share in 2009, sold for $22 a share at the ipo - a 3,000% profit for investors like the romneys. a return largely the result of the auto bailout that romney so publically opposes. "it further solidifies the democrats' and labor's picture of romney as out-of-touch and more interested in personal wealth creation than job creation."

you were interviewing the delphi workers. they say they have no pension are not getting any pension. this spin sounds like it is coming from you there a little bit. host: tim ryan? guest: it is a tough situation with the delphi salary folks. we have been working on it along time. my former coach's and family members who were in that group -- i am not here to spend anything, i am here to help them. it was a bankruptcy, a tough deal. but most of those pensions have gone to the pbgc. where they are getting pension money. they may not be getting all of their pension money, but they -- some are getting all. most are betting almost all. we do not have those exact numbers, but we want to find those. they are getting -- that does not diminish the suffering of these families. the economic impact it is having an our community. this is not a political football to score political points. these are people and families and my district that have worked hard for a long time. and we will go to the wall for them. host: any other political issu

delphi went bankrupt. former delphi worker tom rhodes. would have been? >> thank you for having me.yself and 20 other retirees are just one of the untold casualties of the auto bailout. after the gym bankruptcy process was complete, the uaw retirees had their full health care and pensions, where as yself and others lost all of ourhealth care and our life insuranceand had pension reductions up to 70%. neil: so it is actually a joke because it's pennies on the dollar in the end? what did you do, did you have any recourse? >> that is correct. both pension plans were terminated. yet, the auto task force got involved in a court raft a very fast gym bankruptcy. it was excavated in 44 days. we think that the political connections are basically helping them get their full pension plan. we are glad that they haven't. they were bored and they deserve it. but what we don't understand is how we work side-by-side with the union in the same plant i an identical situation. we are decidedlyifferent by obama's auto task force. neil: how does it explain the other tim, the union guys mattered more tha

. >> they do that by a process known as delphi technique.was developed by the rand corporation during the cold war. it's a mind control technique. it's also known as concessive process. but basically the gold of the delphi technique is to lead a targeted group of people to a predetermined outcome while keeping up the illusion of input. >> it's just an illusion. the public was duped. they keep looking to blame someone. anyone, anything. maybe it's time to look in the mirror. joining me now, joe madison, nationally syndicated host of "on the power" on sirius xm. and dana milbank, columnist for the "washington post." thanks for coming on the show. >> hi, reverend. >> people come up with m stuff, man. >> dana. mind games? i mean, this is a new one. what is it about the far right and this president? i mean, mind games? >> well, they're pretty good mind games if they've got tens of millions of americans to fall for it. but i'm kufszed because mitt romney just said it was because the american people were bribed with gifts. i think they've got to go

and in dayton. -- in dayton you have delphi.n as a result of the auto bailout because other people got protection? this is the kind of thing being battled an ohio. host: the "washington post" puts that in perspective. it notes that there is an auto industry presence in 80 of the 88 counties in ohio. overall, one in eight jobs in the state is tied directly or indirectly to the auto industry. down from one in five a decade ago. we of the auto issue. what else tops the list? guest: is not as big, but it has some importance in the map of ohio. that is the energy issue. particularly coal. those issues play. and it takes it back into what it described earlier, the foothills of the appalachia. mitt romney has run commercials on their targeting it, trying to portray president obama as someone who will hurt the coal country because of its emphasis and aide to alternative energy, solar and other things. the energy issue has had little bubble here in ohio, perhaps more than some of the other areas because of the coal, we also have the natu

republicans and later told me on my radio show that mr obama is using a mind control procedure known as the delphi technique to slowly condition americans to submit to the control of the united nations agenda twenty one which will according to seriously force mass migrations of americans out of the countryside end of the cities while handing over control of our rural lands to an international one world government the goal of the presentation was to influence georgia lawmakers to follow in the footsteps of tennessee and kentucky republican lawmakers who've already passed legislation to block agenda twenty one from being implemented in their states as if anybody wanted to also on the fear agenda twenty one bandwagon is newly elected tea party senator from texas ted cruz. ted cruz says they're coming for the golf courses oh no not the golf courses luckily for the golfing community ted cruz is headed to the united states senate to stop george soros and the u.n. from confiscating augusta national though hopefully somebody will tell cruz perhaps by removing his tinfoil hat that the united nations has no

this and delphi.they told him the car that hit him was involved in a street race and kept on going. >> they hit him they ran the. and i just want to tell them that my cousin is about to die. and i am here suffering with my family. >> police said they do not have many leads. his family says he was supporting his mom as well as a young son in honduras. and now his girlfriend is pregnant as well. and an important hub for drivers and the potomac area. you might want to stay away from river road. >> the movie they are filming again this morning. and this involves an academy award winning actress. john gonzalez. on his directors shoes at the scene. >> the movie being filmed here is a drama. but the traffic around the foaming has been a horror. the last time a major hollywood movie was filmed during the d.c. area, a robot car from the movie transformer's crust. d.c. police cruiser. this time around, is really bad traffic. now in her next movie judy is playing an irish catholic woman. audiences will not see t

assembled republicans and told me today on the radio that obama's mind control techniques called the delphi technique was developed by the rand corporation during the cold war and obama and the un are using it on us not only that seriously said this is comparable to joe stalin's five year plans and mao tse tung's great leap forward neither of those in retrospect worked out all that well but on the other hand neither those have anything to do at least here in the reality based world with the united nations or agenda twenty one but don't try to convince republicans in the south about that soon georgia will probably join kansas and tennessee in approving a bill that condemns the un's project to educate nations about how to develop their natural resources sustainably will condemn them as both socialist and communist and of course not a word will be spoken about how billionaires in the transnational corporations in the world trade organization are screwing the american middle class both in the united states and in those other countries where they're pushing their so-called austerity and starve t

romney and his big donors, all his money people, they actually -- they purchased, helped to purchase delphito be delco which is where my dad worked at g.m. and then they sold like, closed down 24 factories, they moved 25,000 jobs to china and then took auto money bailout, the bailout that he opposed, he took this money, and romney himself made about a $15 million profit. i think it was a 4,000% gain on his investment, what he put into it. there's a story in the nation last week about it. >> i think that sounds like more than your father made working there, right? >> yeah, a little bit. but i mean so we're very conscious of this in michigan. >> yeah. >> we know what he and bain capital did. i actually live in a little town up north in michigan, and we had -- the only town -- the only department store in town was owned by the company called stage department stores. and sure enough, a decade and a half ago, bain capital bought out stage, closed down i don't know dozens of stores through the midwest and our little downtown. >> they seem to be surrounding you, bain capital. >> yeah. well, again,

. -- in dayton you have delphi. it gets into, do those autoparts makers lose their pension as a result of the auto bailout because other people got protection? this is the kind of thing being battled an ohio. host: the "washington post" puts that in perspective. it notes that there is an auto industry presence in 80 of the 88 counties in ohio. overall, one in eight jobs in the state is tied directly or indirectly to the auto industry. down from one in five a decade ago. we of the auto issue. what else tops the list? guest: is not as big, but it has some importance in the map of ohio. that is the energy issue. particularly coal. those issues play. and it takes it back into what it described earlier, the foothills of the appalachia. mitt romney has run commercials on their targeting it, trying to portray president obama as someone who will hurt the coal country because of its emphasis and aide to alternative energy, solar and other things. the energy issue has had little bubble here in ohio, perhaps more than some of

. -- you have delphi.gets into, do those autoparts makers lose their pension as a result of the auto bailout because other people got protection? this is the kind of thing being battled an ohio. host: "washington post puts that in perspective. it notes that there is an auto industry presence in 80 of the 88 counties in ohio. overall, one in eight jobs in the state is tied directly or indirectly to the auto industry. down from one in five a decade ago. we of the auto issue. what else tops the list? guest: is not as big, but it has some importance in the map of ohio. that is the energy issue. particularly coal. those issues play. and it takes it back into what it described earlier, the foothills of the appalachia. mitt romney has run commercials on their targeting it, trying to portray president obama as someone who will hurt the coal country because of its emphasis and aide to alternative energy, solar and other things. the energy issue has had little bubble here in ohio, perhaps more than some of the other