tomder55
Jan 11, 2023, 06:27 AM
Clueless has called himself the most pro-union President in history . But as with most things involving President Quid Pro Joe ,there are strings attached .
Labor Unions gave him $27.5 million in 2020 to be his puppet master .
Some would say he disappointed them when he negotiated a settlement of the Railroad Union threats to strike . He was not able to get them taxpayer money for their sick leaves .
That was early December .
So to keep his bona fides he announced shortly after that taxpayer money to the tune of $36 billion would be allotted from the American Rescue Plan to bail out the Teamsters Union's pensions .
Biden pays off unions with bailout | Opinion | oleantimesherald.com (https://www.oleantimesherald.com/opinion/biden-pays-off-unions-with-bailout/article_084c6bf7-d94e-543b-8b7f-704b386d309b.html)
Spend $27.5 million ;get back $36 billion . Not a bad exchange .
How could it happen that a strong and able workforce voted repeatedly for union leadership who's history is replete with ties to organized crime ? They did not know that their dues were being pilfered and their pensions mismanaged ? And where was the government watchdogs in the Dept of Labor all this time ? What was their payoff ?
I can ALMOST understand why public service pensions are taxpayer's responsibility . But how is it that taxpayers ,most of whom have NO pensions to fall back on ;and are self funding their retirements ,are responsible for the poor decisions of private Union pension fund managers ?
Labor Unions gave him $27.5 million in 2020 to be his puppet master .
Some would say he disappointed them when he negotiated a settlement of the Railroad Union threats to strike . He was not able to get them taxpayer money for their sick leaves .
That was early December .
So to keep his bona fides he announced shortly after that taxpayer money to the tune of $36 billion would be allotted from the American Rescue Plan to bail out the Teamsters Union's pensions .
Biden pays off unions with bailout | Opinion | oleantimesherald.com (https://www.oleantimesherald.com/opinion/biden-pays-off-unions-with-bailout/article_084c6bf7-d94e-543b-8b7f-704b386d309b.html)
Spend $27.5 million ;get back $36 billion . Not a bad exchange .
How could it happen that a strong and able workforce voted repeatedly for union leadership who's history is replete with ties to organized crime ? They did not know that their dues were being pilfered and their pensions mismanaged ? And where was the government watchdogs in the Dept of Labor all this time ? What was their payoff ?
I can ALMOST understand why public service pensions are taxpayer's responsibility . But how is it that taxpayers ,most of whom have NO pensions to fall back on ;and are self funding their retirements ,are responsible for the poor decisions of private Union pension fund managers ?