- Decisions on which car dealerships to close as part of the auto industry bailout -- closures the Obama administration forced on General Motors and Chrysler -- were based in part on race and gender, according to a report by Troubled Asset Relief Program Special Inspector General Neal M. Barofsky.
- [D]ealerships were retained because they were recently appointed, were key wholesale parts dealers, or were minority- or woman-owned dealerships. [Emphasis added.]
Thus, to meet numbers forced on them by the Obama administration, General Motors and Chrysler were forced to shutter other, potentially more viable, dealerships. The livelihood of potentially tens of thousands of families was thus eliminated simply because their dealerships were not minority- or woman-owned.
As has been widely reported, the Inspector General's study skewered the Obama Gang for strong-arming the companies into closing 2,000 dealerships, costing an estimated 100,000 people their jobs during a recession.
But the news media has ignored key elements of Barofsky's report -- elements that are far more damaging, if possible, to Obama.
As Barofsky points out, the Obama administration was given an advance copy, and "Treasury [the Obama Treasury Department] might not agree with how the audit's conclusions portray the Auto Team's decision making or with the lessons that SIGTARP has drawn from those facts, but it should be made clear that Treasury has not challenged the essential underlying facts upon which those conclusions are based."
Included among those undisputed facts:
- -"[D]ealerships were retained because they were ... minority- or woman-owned dealerships";
-Thousands of jobs were lost, unnecessarily, due specifically to Obama's "mandate for shared sacrifice";
-A disproportionate number of Obama-forced closings were of rural dealerships, in areas unfriendly to Obama, even though such closures could "jeopardize the return to profitability" for GM and Chrysler.
The media, of course, remain mute about these serious allegations in the Barofsky report. They have limited their coverage to the job loss numbers and tried to place the blame on Treasury Secretary Turbo-Tax Tim Geithner.