Skip to comments.Biden to Announce $36 Billion for Ailing Teamsters' Pension Fund
Posted on 12/08/2022 4:41:40 AM PST by zeestephen
The White House said the Central States bailout would help 40,000 workers and retirees in Michigan, 40,000 in Ohio and 22,000 in Wisconsin...
(Excerpt) Read more at msn.com ...
What the hell is this all about? Why do I have to pay for someone else’s pension?
So...just pay off the unions with taxpayer’s money? Is this even legal? Oh...nevermind. I forgot who is doing it.
Now where did Joe Biden get 36B dollars?
They used a lot of the money to fund democrats This is the payback.
Gee, I thought the economy was booming?
What is that, like a million bucks for each trucker..?
Ten percent of the profits Ukraine made selling our military aid to terrorist nations?
Where the hell was my Pension fund bailout?? Our USWA 2401 Pension was Bankrupted while Obummer was President and went into the Pension Guarentee Corporation.
over 300000 per.
Meanwhile, fentanyl crosses the southern boarder un impeded.
The reason for the freedom of access is that the Cartels in Mexico paid off the Biden family. Joe Biden corruption is permitting the killer drugs to freely pass the border.
private company pension funds have historically been overfunded. they invest in (among other things) stocks. stocks have fallen more than expected. private company pension funds can therefore become underfunded. when this happens, pensions payments can be reduced. retirees are squeezed.
i am not certain why some pension funds deserve government bailouts and others do not.
i think the incentive of pension funds investing in stocks derives from keynesian economics (but i am not an economist).
Because stolen elections have consequences.
So they’ll vote for Democrats.
Since the teamsters backed Biden in 2020 this is why this is happening.
taxpayers bailing out mis-management of Teamsters?? What does the Congress have to say about it??
Trump talks about suspending the constitution, Joe simply does it.
Bailing out the union thug losers who knocked down the midterm “red wave.” Billions to the union deadbeats with no money to keep their pension promises to their members. $36 Billion taxpayer dollars to the thugs who donated all of their money to reelect communist and Nazi RATS.
“the largest ever award... largest from a program created by Biden’s pandemic relief law, the American Rescue Plan.”
The ARP is a 2 trillion dollar Democrat vote buying slush fund rammed through with no Republican votes. So corrupt.
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