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Conservative Political Views

BREITBART by ALEXANDER MARLOW

Congressmen: Were Conservative Car Dealers Targeted for GM Closures?

Two Congressmen are asking the Treasury Department if it inappropriately scrutinized conservative-owned businesses the same way it targeted Tea Party groups filing for tax-exempt status.

Republicans Mike Kelly (PA-03) and Jim Renacci (OH-16) circulated a letter Thursday requesting Treasury Secretary Jack Lew release documents detailing the process and methodology the Automotive Task Force used to shut down General Motors dealerships in 2009 during the automotive industry crisis.

Renacci’s Northeast Ohio Chevrolet dealership was closed in 2010 after losing a battle with General Motors. Congress loaned General Motors $50 billion in 2009 after declaring bankruptcy, which resulted in the federal government owning a majority share of the company. Roughly 2000 dealerships received “wind-down” agreements, and while hundreds were able to survive an exhaustive arbitration process, Renacci-Doraty Chevrolet in Wadsworth did not. Renacci, then a Congressional candidate challenging incumbent John Boccieri, placed the blame squarely on President Obama.

MORE:  http://www.breitbart.com/Big-Government/2013/05/17/congressmen-letter-GM-closures

May 17, 2013 - Posted by | Home | , , , , , , ,

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