Lawmaker (D) Introduces $165 Billion Union Pension Bailout Bill

Home Archive Politics Lawmaker (D) Introduces $165 Billion Union Pension Bailout Bill
tk421's avatar

tk421

Senior Member

8,500 posts
May 24, 2010 2:29 PM
This is absolute bullshit. For any further proof that unions are killing this country, look no further. Although the article points out that Obama has "said" there will be no more bailouts, I'm not holding my breathe that this will get knocked down; especially since the unions basically have the Democratic party by the scrotum and will be putting up $100M for the upcoming elections. :@:@:@:@:@:@:@:@:@

http://www.thefoxnation.com/business/2010/05/21/unions-spend-100m-save-dems

http://www.foxbusiness.com/personal-finance/2010/05/24/lawmaker-introduces-b-union-pension-bailout/
Although right now taxpayers could possibly be on the hook for $165 billion, the liability could essentially be unlimited because these pensions have to be paid out until the workers die.
Great, let's all pay for these greedy motherfucker's pensions while non union people will be lucky to retire at all, not to mention the incredible burden on the national debt that is already fallen over the cliff. The gull of this Democrat for even introducing this bill is outrageous, if this country had any balls whatsoever, he'd be voted out the next time his seat is up.
May 24, 2010 2:29pm
M

Manhattan Buckeye

Senior Member

7,566 posts
May 24, 2010 3:32 PM
Not to hijack your thread, but this isn't the only bailout potentially in play:

http://liveshots.blogs.foxnews.com/2010/05/24/teachers-seek-23b-lifeline-or-bailout/

We've opened the pandora's box with this sort of thing, and if it continues a lot of folks, including true believers in paying for your own weight and contributing to society are going to feel like suckers and wonder where their bail out is.
May 24, 2010 3:32pm
F

fortfan

Senior Member

339 posts
May 24, 2010 3:36 PM
Payback for helping elect the Prez..........
May 24, 2010 3:36pm
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 24, 2010 4:03 PM
fortfan wrote: Payback for helping elect the Prez..........
This.


What a damn joke this is...hard to believe anyone could actually defend this...
May 24, 2010 4:03pm
Q

QuakerOats

Senior Member

8,740 posts
May 24, 2010 4:27 PM
Everything that all of these socialists in D.C. have done has been to funnel money to either unions (i.e. GM via seizure) or public sector employees (read, unions) via "stimulus".

When does government get re-organized and restructured? When does the public sector largesse end? When do the REAL cuts at the federal level begin?
May 24, 2010 4:27pm
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 24, 2010 4:35 PM
Um. Never?
May 24, 2010 4:35pm
F

Footwedge

Senior Member

9,265 posts
May 24, 2010 5:36 PM
The PBGC insures all pensions...not just the unions. In other words, this is not a blue collar situation, but an overall labor situation. Yes back in the day, companies enticed workers by offering great pension plans in addition to good salaries...or pay per hour.

Today companies for the most part don't offer squat when it comes to pensions. The reason? Companies cannot afford pension plans. Just more proof that the US overall standard of living is spiraling down the toilet.
May 24, 2010 5:36pm
believer's avatar

believer

Senior Member

8,153 posts
May 24, 2010 5:39 PM
Manhattan Buckeye wrote:We've opened the pandora's box with this sort of thing, and if it continues a lot of folks, including true believers in paying for your own weight and contributing to society are going to feel like suckers and wonder where their bail out is.
What do you mean "going to"? I already do! :P
May 24, 2010 5:39pm
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 24, 2010 5:40 PM
OMG. Can you imagine the panic in DC if the population all agreed that they weren't part of a party and they were actually going to vote for the best candidate?!
May 24, 2010 5:40pm
T

Tinkertrain

Senior Member

407 posts
May 24, 2010 5:40 PM
Coming from a union member this idea is total bullshit.

I'd also like to point out the complete hypocracy of conservatives for ripping on union workers for " Making too much money". I mean what's more socialist I mean conservative than hating on somebody for making too much money right comrades?
May 24, 2010 5:40pm
M

Manhattan Buckeye

Senior Member

7,566 posts
May 24, 2010 5:44 PM
^^^

Depends on the union, to the extent the union has their hands in the pockets of the people making decisions on their negotiations (READ, PUBLIC UNIONS AND THE SEIU [emphasis mine]), yeah it is too much money.

Public worker unions have destroyed this country.
May 24, 2010 5:44pm
F

Footwedge

Senior Member

9,265 posts
May 24, 2010 6:01 PM
SQ_Crazies wrote: OMG. Can you imagine the panic in DC if the population all agreed that they weren't part of a party and they were actually going to vote for the best candidate?!
Yeah sure Square...when you find the "best candidate", let us know. If you think an R is better than a D, then that ocean front property I got is all yours.
May 24, 2010 6:01pm
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 24, 2010 6:03 PM
The fuck are you talkin' about?
May 24, 2010 6:03pm
F

Footwedge

Senior Member

9,265 posts
May 24, 2010 6:13 PM
SQ_Crazies wrote: The fuck are you talkin' about?
Again.....when you find out which candidates are "the best candidates", let us know.
May 24, 2010 6:13pm
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 24, 2010 6:23 PM
Likely a bunch of people who are too smart to get into politics.
May 24, 2010 6:23pm
dwccrew's avatar

dwccrew

Not Banned

7,817 posts
May 25, 2010 1:08 AM
SQ_Crazies wrote: Likely a bunch of people who are too smart to get into politics.
Most likely the correct answer.
May 25, 2010 1:08am
I

I Wear Pants

Senior Member

16,223 posts
May 25, 2010 1:14 AM
I don't like this.
May 25, 2010 1:14am
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 25, 2010 1:41 AM
I Wear Pants wrote: I don't like this.
Anyone who does should be dropped from 36,000 feet into the middle of the Pacific because they're too stupid to know what's good for them IMO.
May 25, 2010 1:41am
Mr. 300's avatar

Mr. 300

Senior Member

3,090 posts
May 25, 2010 7:37 AM
It is going to take years to undo what this admin is doing to our country here and around the world.
May 25, 2010 7:37am
Belly35's avatar

Belly35

Elderly Intellectual

9,716 posts
May 25, 2010 9:48 AM
Unions and Teacher wanting bailouts....Not as long as I'm breathing.
Yesterday I called my Public Servant and demanded a meeting ....I have to submit in writing what I want to have a meeting for and the reason for this meeting. I have been dealing with this Public Servant Office for over a year on creating jobs and now this...... Worthless ....they can't create shit

Well they just pissed off the one person that does not give a shit for political correctness and protocol. My happy ass will be visiting that office soon. I’m organizing a few fellow Vietnam Vets an ugly group but dedicated to me and the principles this country stands for. This shit has to stop ………….NOW
May 25, 2010 9:48am
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 25, 2010 9:56 AM
Mr. 300 wrote: It is going to take years to undo what this admin is doing to our country here and around the world.
Durrrrrrrrrrrrrrrrr....but, but, but.......GEORGE BUSH!!!

God help us.
May 25, 2010 9:56am
dwccrew's avatar

dwccrew

Not Banned

7,817 posts
May 25, 2010 11:09 AM
SQ_Crazies wrote:
Mr. 300 wrote: It is going to take years to undo what this admin is doing to our country here and around the world.
Durrrrrrrrrrrrrrrrr....but, but, but.......GEORGE BUSH!!!

God help us.
Not defending the Obama Admin (because it is one of, if not the worst in history), but the Bush Admin was just as bad. Bush signed the very first bailout (stimulus) package. He spent just like Obama spends. They are one in the same, just spending on different things.
May 25, 2010 11:09am
SQ_Crazies's avatar

SQ_Crazies

The Godfather

7,977 posts
May 25, 2010 11:57 AM
They are not even close to one in the same, though I'm not saying Bush was great.

That, however, is not the point.
May 25, 2010 11:57am
J

jmog

Senior Member

6,567 posts
May 25, 2010 12:03 PM
dwccrew wrote:

Not defending the Obama Admin (because it is one of, if not the worst in history), but the Bush Admin was just as bad. Bush signed the very first bailout (stimulus) package. He spent just like Obama spends. They are one in the same, just spending on different things.
Trust me, I'm no fan of how Bush spent, but the comparison between Bush's spending and Obama's is laughable.

When Bush spent say $100 retardedly, Obama would spend $1000 retardedly. Obama is 10x the "spender" that Bush was, and I hated how Bush "spent".

Even though, like I said above, look at who controls congress if you really want a look at the "spenders" since Congress makes that decision.
May 25, 2010 12:03pm