Conservative First

June 10, 2009

Perlmutter Watch 6-10-09

In a press release dated June 9, Rep. Perlmutter’s office announced that the Congressman had “sent a letter to House Financial Services Committee Chairman, Barney Frank and House Judiciary Committee Chairman John Conyers urging them to hold a joint hearing to examine the potential impacts of the Chrylser and GM corporate restructuring plans and explore ways to cushion the blow for the affected dealerships, suppliers and pensioners.”

The “process Chrysler and GM corporations [the Obama Administration] used to evaluate which dealerships should be rejected and which should remain open” must be investigated and corrected.  However, the government should not be involved in “cushioning the blow” for private companies at taxpayer expense.

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