Senator Bob Casey, (D-Pa.) is introducing a $165 billion bailout bill for unions.
A Democratic senator is introducing legislation for a bailout of troubled union pension funds. If passed, the bill could put another $165 billion in liabilities on the shoulders of American taxpayers.
The bill, which would put the Pension Benefit Guarantee Corporation behind struggling pensions for union workers, is being introduced by Senator Bob Casey, (D-Pa.), who says it will save jobs and help people.
Just… NO. When does it stop? Shouldn’t this be a union matter? Maybe the membership should look to their leadership… and all the money that is coming in for them. Between the economy and the market, most people have lost their retirement funds… but now we’re expected to fund the UNION members retirement???
I don’t fucking think so.
Update:
Media Matters reports that the Fox story is wrong:
Fox News and Fox Business personalities have claimed that a bill dealing with union-administered pension funds is a “$165 billion bailout for unions.” In fact, the bill is not a “bailout for unions,” and its sponsor reportedly said it would cost the federal government $8 billion to $10 billion.
Of course, why would we spend another $10 billion on a bailout?! Also, Media Matters is a leftist mouthpiece.
Who to believe?
Media Matters for America (or MMfA) is a 501(c)(3) non-profit organization founded in 2004 by journalist and author David Brock. Media Matters for America describes itself as “a web-based, not-for-profit, progressive research and information center dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation in the U.S. media.” Media Matters for America defines “conservative misinformation” as “news or commentary presented in the media that is not accurate, reliable, or credible and that forwards the conservative agenda.”
March 3, 2011
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