To: Hunton Peck
Might as well call this a union pension bailout.
I had many debates with lib trolls at the Wall Street Journal about the PBGC. It's been insolvent for years due to unionized companies collapsing under onerous union obligations and wages. Go to the PBGC web site and look at their annual report, but make sure to have a few cold ones around to calm down afterward.
2 posted on
06/27/2012 2:34:12 PM PDT by
uncommonsense
(Conservatives believe what they see; Liberals see what they believe.)
To: Hunton Peck; alrea; Amanda King; americanophile; Babsig; be-baw; Canticle_of_Deborah; ...
Jim DeMint: serving up platefulls of awesomesauce.
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6 posted on
06/27/2012 5:22:25 PM PDT by
upchuck
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