Dirtball Biden wants to hand 90 Billion in inflation bucks to his Union Cronies so they can skim

Taxpayers on hook for Biden's bailout of union pensions
[link to www.thecentersquare.com (secure)]

American Rescue Plan’s Special Financial Assistance program, which will protect more than 10 million Americans in multi-employer plans from seeing their benefits slashed when their plan becomes insolvent

“So that’s the problem, that historically they have assumed very high rates of return like 8% where all financial economists will say if you have a guaranteed benefit like a pension, you should be using a riskless rate of return or at best a conservative bond rate. … instead they used stock market rates that translate into being able to make good on your promises only 50% of the time, and when their returns fell short, plans consistently failed to make adjustments"


Nice Loop:

Unions run by leftists commies who buy off scumbag crooked politicians.

Now Scumbag Joe wants to hand 90 Billion dollars because Union Pensions that have been underfunded for years and years are going to have to cut the benefits they scammed for their dupes.

So...the 94% of working people who don't have a union pension are going to have 90,000,000,000 thrown onto their debt so Joe can keep the 6% voting democrat.

This is how a RICO conspiracy works and this is what the Democrat Party is now.

Print some money, hand out the benefit and then the price of everything goes up anyway.

Fuck Joe Biden.
If you vote for a Democrat you are a moran. period.