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Biden releasing nearly 36 billion to aid pensions of union workers
cnbc ^
| 12-8-2022
| AP
Posted on 12/08/2022 2:12:50 PM PST by mythenjoseph
President Joe Biden on Thursday is announcing the infusion of nearly 36 billion dollars to prevent severe cuts to the retirement incomes of more than 350,000 teamster retirees and workers across the United States.
(Excerpt) Read more at cnbc.com ...
TOPICS: Business/Economy; Society
KEYWORDS: bailout; bidenadm; corruption; illegal; letsgobrandon; teamsters; unions
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To: mythenjoseph
A little thank you from the White House pedophile for them helping the commies stop the “red wave” in November. Sure beats two scoops of Rocky Road.
21
posted on
12/08/2022 2:29:59 PM PST
by
FlingWingFlyer
(Hey Amerika! The whole world is watching and laughing their asses off. )
To: ProtectOurFreedom
Probably for the mid terms.
22
posted on
12/08/2022 2:30:06 PM PST
by
Leep
(Hillary will NEVER be president! 😁)
To: Governor Dinwiddie
Couldn’t be the same place Trump got money for the wall cuz that was illegal and rassis
23
posted on
12/08/2022 2:32:14 PM PST
by
bigbob
(z)
To: Rurudyne
My 401K is down, but I don’t see him wanting to dump $103k into it.
To: mythenjoseph
Would that be BEFORE or AFTER he gives the railroad workers a week's sick leave?
BEFORE or AFTER he pays off all students' college loans?
Another promise to empty the country's coffers to another group, regardless of constitutionality. He sure is generous with somebody else's money, assuming any of it is actually given.
25
posted on
12/08/2022 2:35:50 PM PST
by
ZOOKER
(Until further notice the /s is implied...)
To: jpp113
I do believe you are right. This type of thing will be going on for at least 26 more months.
To: Menehune56
“But where is he getting the money to do this? And the authorization by congress?”
LOLOLOL...the same place he got the $85 billion to give to the Taliban and the billions to Ukraine and the $500 billion to “forgive” student loans and and and...
We have $31 TRILLION of debt. It got there because nobody in government cares one whit for sound fiscal policy. Nobody.
27
posted on
12/08/2022 2:38:46 PM PST
by
ProtectOurFreedom
(If you're not part of the solution, you're just scumming up the bottom of the beaker!)
To: Leep
Ah yes. A big “Thank you kiss and hair sniff.”
28
posted on
12/08/2022 2:39:40 PM PST
by
ProtectOurFreedom
(If you're not part of the solution, you're just scumming up the bottom of the beaker!)
To: mythenjoseph
It just keeps getting worse & worse!
Make the non-union serfs pay for the union serf's retirement pension...
The communist bastards are relentless...
”In your face” is our communist masters' favorite tool to rattle the chains of tyranny that they have wrapped around our necks...
No Big Deal!
Our communist masters know that the pathetically servile and indolent Aamerican people will just continue to roll over and spread their collective cheeks...
29
posted on
12/08/2022 2:46:02 PM PST
by
SuperLuminal
(Where is the next Sam Adams when we so desperatly need him)
To: McGavin999
Covid relief bill that was passed awhile ago...ya know we have money sitting every where
To: Governor Dinwiddie
"Where does Biden get this money? Why do the Republicans let him?"
Because they get union campaign donations too.
31
posted on
12/08/2022 3:29:14 PM PST
by
mass55th
("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
To: mass55th
Why would a union pension fund manager care about rate of return on investments? If they perform badly they will get bailed out. So the managers will concentrate on increasing their pay and benefits, and having lots of conventions in Miami and Las Vegas.
32
posted on
12/08/2022 3:35:00 PM PST
by
Stevenfo
To: mythenjoseph
Would be interesting to know what percentage of that will be laundered back into democRAT Party coffers.
33
posted on
12/08/2022 3:57:47 PM PST
by
Tucker39
("It is impossible so to rightly govern a nation without God and the Bible." George Washington )
To: mythenjoseph
The only way the failing leftist cities and states can continue, is with more and more federal bailouts.
It is one of the principle reasons the deep state had to get rid of President Trump.
To: mythenjoseph
And at the same time Biden is going after 401k's.
Where is the logic?
Let me guess, the Unions are short of cash because they donated heavily to the DNC, this is merely a small refund.
35
posted on
12/08/2022 4:06:28 PM PST
by
BitWielder1
(I'd rather have Unequal Wealth than Equal Poverty.)
To: mythenjoseph
Deep State has been doing this for a while.
Now they’re just feeling too cocky to bother to hide it anymore.
36
posted on
12/08/2022 4:07:35 PM PST
by
mewzilla
(We will never restore the republic if we don't first secure the ballot box.)
To: mythenjoseph
I thought congress held the purse strings....what?
37
posted on
12/08/2022 4:09:41 PM PST
by
lula
(Shine the light of truth Lord, confound the deceiver I pray...AMEN!)
To: mythenjoseph
38
posted on
12/08/2022 4:13:25 PM PST
by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
To: mythenjoseph
Unconstitutional! If only we had an operable one.
To: mythenjoseph
This is only the tip of the iceberg. Most of the union pension funds are underfunded or broke. Between the outright theft and fraud, totally incompetent management, and outrageous over-promising, this just the first in line. Europe is even worse. Looks like we are going to need a war to wipe all of this debt out.
40
posted on
12/08/2022 4:30:35 PM PST
by
RetiredTexasVet
(Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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