So the Teamsters mismanaged their own pension fund and they want us to pick up the tab?
Sen. Robert Casey (D., Pa.) and Rep. Earl Pomeroy (D., N.D.) are pushing legislation that would commit taxpayers’ dollars to bailing out the Teamsters’ retirement pension fund. The financial crisis and the Great Recession may have upset your retirement plans, but that’s not reason that politically connected union thugs have to share the pain.
I mean they gave a piece of the Chrysler Bailout to the United Autoworkers so I don't see how this is the a stretch for the Dems. They look at tax payer money as theirs so they can dole it out to their Union cronies whenever they see fit.
I would be willing to bet that the next bailout will be directed at the Public Worker Pension Funds which are facing record shortfalls as well. The article points out that the shortfall in California's Pension Fund is bigger that the GDP of Saudi Arabia. If go on the hook for that money there is no telling how bigger our debt can go.
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