Some of us have been wondering how viable the Voluntary Employee Benefit Arrangements (VEBAs) set up by the United Auto Workers for its auto industry employees really are. This is of particular concern at the VEBAs tied in to General Motors and Chrysler. What happens to the employer stock these VEBAs own will heavily influence whether they have the money to pay promised benefits.

The answer to the viability question must be "not very," because the House version of health care that has made it out of committee has a $10 billion provision tucked into it that would largely work to back the VEBAs up in case GM and Chrysler are never able to stand on their own -- or in case other high-wage, high-benefit companies, many of which are unionized, follow them into serious financial difficulty.

Maybe it's because $10 billion doesn't mean much any more in an era of trillion-dollar deficits, but media coverage of this "little" provision has been very, very light. A Google News search on "retiree health care UAW" (not typed in quotes) came back with only about 25 relevant items of roughly 100 total results earlier this afternoon. Many of those results are outraged editorials and op-eds. There is precious little original news coverage of the topic.

One of the few examples of original coverage is an August 24 report by Justin Hyde and Todd Spangler of the Detroit Free Press that explains the provision and provides background:

Have you ever met someone that just can't stop talking about a particular topic or person regardless of the subject of conversation? Folks like that slip their obsession into every conversation until people just don't even want to start up a conversation with them any more. And when an unsuspecting person starts talking with such a person, everyone in the know around them just roll their eyes and avoid eye contact. It is beginning to get like this when reading anything in the Old Media these days because it seems that regardless of the topic under discussion, start struck love for Obama is slipped into the piece somehow.

Detroit News columnist Marney Rich Keenan gives us a perfect example of this in hers headlined, "Whatever happened to simple phone etiquette?" It's supposed to be a piece lamenting the loss of the formal way of answering a telephone and really has nothing to do with politics. Keenan waxes nostalgic for that formal way of talking to folks and seems to say this loss is a cultural coarsening that is something to mourn... except when Obama does it, of course. Yes, when The One does it, why it's cool and hip and makes her "go weak in the knees."

An early review of press coverage relating to this morning's warning by General Motors that "there is substantial doubt about our ability to continue as a going concern" shows no coverage of the reason why, despite $13.4 billion in taxpayer money (NOT counting bailout money going to GMAC), things have gotten so much worse so quickly.

The reason is that sales in the two full months since the Bush-approved, Obama-cheered bailout took place have tanked (see graphic at this NB post yesterday):

• December 2008 (last [mostly] pre-bailout month) — down 31.2%
• January 2009 (first full bailout month) — down 48.9%
• February 2009 (second full bailout month — down 53.1%

Press reports I have seen are saying nothing about this frightening decay in the past 60 days:

Imagine for a moment John McCain was President, and few of the people on the task force he created to repair the crumbling auto industry owned American cars. 

Would that be a public relations nightmare?

Well, an article published Monday by the Detroit News revealed that most of Barack Obama's newly announced Presidential Task Force on the Auto Industry don't patronize the companies they've been appointed to rescue: 

It seems that Froma Harrop of Creator's Syndicate news service was on vacation from just about five days before the general election until today and she's just catching up on all the Palin hatin' she must have missed. Unfortunately for Harrop, she still hasn't caught up with the truth yet because her latest is filled with every lie about Governor Palin she could jam into one column, quite despite that for weeks her digs have been proven lies.

In hers headlined, "Palin should move to TV talk show," Harrop proves that she should move from Creator’s Syndiacte to the National Enquirer... unless Creator's Syndicate is trying to unseat the supermarket tabloid in hack writing. If that is the case, then Harrop is on the right track.

Add Monica Conyers's name to that list of Dems run afoul of the law whose party affiliation the MSM fails to mention.  Conyers, the Detroit City Council President Pro Tem, a Democrat and an Obama supporter, has made unwelcome headlines before, from getting into an argument with an eight-grader to allegedly threatening to shoot an aide to the Detroit mayor.  Now things have taken a turn for the worse. According to the Detroit News in an article today entitled Bribe probe ensnarls Conyers:

Federal investigators have electronic surveillance evidence that allegedly links Detroit City Council President Pro Tem Monica Conyers with receiving a payment or payments in connection with a city-approved sludge contract.

Ruh-roh.  Conyers is the wife of John Conyers, the Dem Chairman of the House Judiciary Committee who continues to toy with the notion of seeking to impeach President Bush.  So how did this morning's Today show report the story? 

View video here. 

Two June 23 Motor City newspaper reports -- one in the Detroit Free Press ("Group blasts subprime loans," by Amber Hunt), the other in the Detroit News ("ACORN focuses on vote," by Mike Martindale) -- portrayed the Association of Community Organizations for Reform Now (ACORN) as a noble enterprise dedicated to helping troubled borrowers and increasing voter involvement in the political process.

Reality differs.

Hunt and Martindale were either unaware, or perhaps didn't care, that ACORN has had myriad problems over several years, including but not limited to voter-registration fraud, employee mistreatment and intimidation, and home-loan irregularities. Days before the group's national convention in Detroit, the Consumer Rights League, a group whose stated mission is "protecting consumer choice," issued a scathing whistleblower report charging ACORN with "misusing taxpayer dollars for political ends and by attacking lending corporations for the same 'predatory' lending practices it regularly engages in."

Here are selected paragraphs from each reporter's virtual press releases (HTs to Michelle Malkin here and here):

Mayor Kwame M. Kilpatrick was at age 31 the youngest elected Mayor in the history of Detroit, the Motor City. Now, at 38, he is also the Vice President of the National Conference of Democratic Mayors as well as that organization's representative to the Democratic National Committee. He also seems to have a problem with appropriate behavior... then lies about it to try to cover it up. But one thing he doesn't seem to have to worry about is the MSM telling people he's a Democrat!

In a series of articles with ongoing coverage the Detroit Free Press reveals the attempted cover-up of an affair between Mayor Kilpatrick and his chief of staff, Christine Beatty.