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Biden to Announce $36 Billion for Ailing Teamsters' Pension Fund
MSN.com ^ | 08 December 2022 | Akayla Gardner

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 ...


TOPICS: Culture/Society; Front Page News; Government; News/Current Events; US: Michigan; US: Ohio; US: Wisconsin
KEYWORDS: 2022election; akaylagardner; bailout; biden; billittothegrandkids; billittothekids; election2022; kickback; michigan; ohio; teamsters; union; unions; wisconsin
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1 posted on 12/08/2022 4:41:40 AM PST by zeestephen
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To: zeestephen

What the hell is this all about? Why do I have to pay for someone else’s pension?


2 posted on 12/08/2022 4:45:34 AM PST by woweeitsme
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To: zeestephen

So...just pay off the unions with taxpayer’s money? Is this even legal? Oh...nevermind. I forgot who is doing it.


3 posted on 12/08/2022 4:46:19 AM PST by Bloody Sam Roberts (Great minds drink alike...me and my baby havin' a hell of a night. - - BB King)
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To: zeestephen

Now where did Joe Biden get 36B dollars?


4 posted on 12/08/2022 4:47:12 AM PST by ZOOKER (Until further notice the /s is implied...)
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To: Bloody Sam Roberts

They used a lot of the money to fund democrats This is the payback.


5 posted on 12/08/2022 4:50:22 AM PST by Williams (Stop Tolerating The IntolerantNo one wants to)
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To: zeestephen

Gee, I thought the economy was booming?


6 posted on 12/08/2022 4:51:39 AM PST by Magnum44 (...against all enemies, foreign and domestic... )
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To: zeestephen

What is that, like a million bucks for each trucker..?


7 posted on 12/08/2022 4:53:47 AM PST by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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To: ZOOKER
Now where did Joe Biden get 36B dollars?

Ten percent of the profits Ukraine made selling our military aid to terrorist nations?

8 posted on 12/08/2022 4:54:56 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: zeestephen

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.


9 posted on 12/08/2022 4:55:28 AM PST by southernerwithanattitude (New and Improved Redneck!)
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To: unread

over 300000 per.


10 posted on 12/08/2022 4:56:27 AM PST by Retgearjammer
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To: zeestephen

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.


11 posted on 12/08/2022 4:57:11 AM PST by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day)
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To: woweeitsme

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).


12 posted on 12/08/2022 4:58:01 AM PST by SteveH
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To: woweeitsme

Because stolen elections have consequences.


13 posted on 12/08/2022 5:04:08 AM PST by mrmeyer (You can't conquer a free man; the most you can do is kill him. Robert Heinlein)
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To: woweeitsme

So they’ll vote for Democrats.


14 posted on 12/08/2022 5:04:13 AM PST by gundog ( It was a bright cold day in April, and the clocks were striking thirteen. )
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To: zeestephen
NO
15 posted on 12/08/2022 5:04:23 AM PST by HombreSecreto (The life of a repo man is always intense)
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To: SteveH

Since the teamsters backed Biden in 2020 this is why this is happening.


16 posted on 12/08/2022 5:04:51 AM PST by mrmeyer (You can't conquer a free man; the most you can do is kill him. Robert Heinlein)
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To: zeestephen

taxpayers bailing out mis-management of Teamsters?? What does the Congress have to say about it??


17 posted on 12/08/2022 5:05:16 AM PST by elpadre (W )
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To: zeestephen

Trump talks about suspending the constitution, Joe simply does it.


18 posted on 12/08/2022 5:07:14 AM PST by Toespi
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To: zeestephen

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.


19 posted on 12/08/2022 5:07:29 AM PST by FlingWingFlyer (Hey Amerika! The whole world is watching and laughing their asses off. )
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To: zeestephen

“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.


20 posted on 12/08/2022 5:10:30 AM PST by DeplorablePaul ("..)
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