Dem Proposes $165B Bailout for Unions as U.S. Debt Rages

Fox News: 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.

May 24, 2010 at 7:10 pm - Fox News
Dateline: Washington DC
PaulD   May 24th, 2010 - 7:17 pm

Meanwhile, the unions want to give $100 million to democrats for the election.

Blueice   May 24th, 2010 - 7:23 pm

Is this guy mentally balanced?? Let’s see what union thug donated to his campaigns. Son, this will not fly. Go back to the hills in PA. We’ll be taking back our country on 11-2-10. Can you hear the laughter. This is european socialism gone wild. Look at the Greeks, bye, bye.

DoubleU   May 24th, 2010 - 7:26 pm

Paul, Planned Parenthood gets tax payer money, and donates to the democrats.
ACORN gets tax payer money, and donates to the democrats.

See a pattern yet? It is how the democrats use tax payer money to fund themselves.

One_American   May 24th, 2010 - 7:26 pm

Burn down the Democrats – it’s the only way we can salvage our country!

unkeeaf   May 24th, 2010 - 7:32 pm

You are so right One-American. They are truly the bane of our existence.

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Obama names white ambassador to Hip-Hop community: http://bit.ly/a5XOAs

Joker face   May 24th, 2010 - 7:35 pm

Wipe Dem out!

Socialism doesn’t work, we told them so! These nuts need to let the Unions go bust from their own “greed” and re-negotiate new contracts and benefits that are sustainable. This is madness. They’re trying to Greece America. Obama the destroyer.

GOP HACK   May 24th, 2010 - 7:39 pm

How about P4uc THE TEACHERS AND THE UNIONS!!!!!!!!!!!!!!!!!

WORTHLESS LAZY, NO GOOD FOR NOTHING S4IT BAGS!

jjohn   May 24th, 2010 - 7:50 pm

They cant get enough! Dont they see theres no real money left to steal We have fake money fake leadership a failed socialist government and these stupid idiots goe blythly on thinking everything is fine.

Dave in Oregon   May 24th, 2010 - 7:55 pm

Throw EVERY ONE OF THESE DEMENTED DEMOCRATS OUT ON THEIR ASS!

REMEMBER IN NOVEMBER!

fastfacts   May 24th, 2010 - 7:57 pm

The unions debt to be bailed out includes the $90 million that SEIU was left with when Andy Sterns left. They are too big to fail, so let them fail.

This is the problem that Europe is going through, check it out: http://www.americanparchment.com/library/greece_recession.html

notasheeple   May 24th, 2010 - 7:57 pm

It is totally unbelievable how fast this administration is bankrupting/destroying this country and nobody from Washington or the Media
seems to care……. Sharpen your pitch forks and boil the tar……

twistin   May 24th, 2010 - 8:07 pm

Right. The unions spend the money that they hold for their member’s pensions on screwing up our American way of life. Then, the taxpayers are supposed to pump up their retirement funds…….WTF?????????

Who the heck are the UNIONS?
Are they a government responsibility?
How does this benefit the taxpayers?
Who do they think they are?
Let’s bail out everybody, right? That is

BIG C COMMUNISM, AND THE UNIONS, AS FAR AS I’M CONCERNED, CAN BLOW IT OUT THEIR A**ES.

Tom   May 24th, 2010 - 8:16 pm

It will start the 2d American Revolution…..

Jaynie   May 24th, 2010 - 8:26 pm

Okay, so we the taxpayers, many of whom have been without jobs so long we have cashed in all of our retirement accounts, bail out UNIONS to pay pensions higher than we make working, so they can turn around and give the Democrats $100M. This is highly insulting, illegal and immoral. I hope Americans are really paying attention because if we had been in 2008 this man would never be in office now. I am so appalled. God help us.

drdaily   May 24th, 2010 - 8:39 pm

Unions invested in those subprime derivatives and tanked their portfolios. For once someone needs to take responsibilty for their own actions. Not We The People, of course this is falling on deaf ears. Just keep cranking that press, it will be worthless paper/dollars soon enough.

American   May 24th, 2010 - 8:39 pm

When the unions began letting commies into their leadership, all the good work of the HUAC and McCarthy were destroyed. The unions are infested and infected with progressive radicals of the worst kind. They have stolen the money from the rank and fine.
Worse, while it was once only Union Leadership that was corrupt, it has trickled down into the rand and file. Teacher, auto workers, government employees are all corrupt and evil. Satan’s yeast has spread throughout the entire union system. They are pure evil.

Lil   May 24th, 2010 - 8:43 pm

I’m a teacher and I’m outraged. I pay union dues so that if a student, parent or administrator lies about abuse, mistreatment or some sort of violation, I will have representation. Furthermore, they usually help us with needed pay raises. Most of this money will not go to teachers. Many times when teachers receive raises the administrators’ union receives a bigger one. If the stimulus worked so well for teachers, why did California lay off nearly 30,000 teachers in the spring? Even if I did get a raise, it will be eaten up with higer taxes. Plus, states will have to raise college tuitions as well. That comes out of my pocket. We have to bust our butts every year to raise or keep tests scores up. This money will line many pockets and most will not see the classroom. I’m fed up with education being a political football.

USERPER POTUS USA = CORRUPT TO THE CORE   May 24th, 2010 - 8:44 pm

99.99% USA POLITICIAN’S AND MEDIA ARE FILTHY-DIRTY CORRUPT CON-ARTISTS. THEY WORK TO END THE U.S. CONSTITUTION IN SUPPORT OF THEIR VISION OF A NEW “INTERNATIONAL” WORLD ORDER.

THERE WAS/IS NOT A SCINTILLA OF EVIDENCE OR DOCUMENTS IN THE PUBLIC DOMAIN THAT PROVE OR SUPPORT OBAMA WAS/IS ELIGIBLE TO BE POTUS.

THERE IS NO LAW OR ORDER IN A NATION THAT ALLOWS USURPATION OF ITS HIGHEST GOVERNING OFFICE AND ITS HIGHEST GOVERNING LAWS.

CONGRESS…ARE TO BLAME. USA MEDIA…ARE TO BLAME. STATE ATTORNEY GENERALS…ARE TO BLAME.

AND ALL LEGAL TAX PAYING US CITIZEN’S ARE TO BLAME, BECAUSE THEY SIT BACK IDLING…DOING NOTHING.

minkxy   May 24th, 2010 - 8:49 pm

No

He'returns'soon   May 24th, 2010 - 8:53 pm

When will it stop? it wont, not untill WE stop it. We may become as Greese is before november. Unions are DESTROYING our REPUBLIC.

4aRepublic   May 24th, 2010 - 9:00 pm

It is pay back time… for the unions to cash in on helping elect the emperor. Raise he!! with your representatives and senators. This is communism and if you dispute what I say, you are a homophobe goat licker.

Sickofobama   May 24th, 2010 - 9:42 pm

Who voted for the P.O.S. Casey?

You bail out the unions you idiot libtards.

ENOUGH IS ENOUGH!

I hope all the union slugs end up in living in the gutter with Obama as the next door neighbor.

LeMay   May 24th, 2010 - 9:54 pm

Well, I voted against a 1% tax in Arizona, but 65% of people here voted FOR it.
Why? The governor and the teachers union (and lots of cash) lobbied for it or they threatened closing schools and laying off cops.
I sympathize with public servants, but folks something has got to give.
This country is just not as rich as it used to be, and the political leadership is going to lead us into a worse condition, I fear, than Greece.
So, will CHINA bail us out, like Germany bailed out Greece.
I doubt it, and even if we allowed for that, we will have sold the soul of the country if we do.

cecil   May 24th, 2010 - 10:25 pm

Blues states are robbing the red states blind. The Red States must secede immediately — form a new country that is run by and for conservatives. Screw the USSA!

MikeD   May 24th, 2010 - 10:27 pm

Oh No… here we go… JUST SAY NO DAM IT ! This is way beyond hippocracy, idiocy, and If you don’t mind me adding…. ENOUGH IS ENOUGH ! ! ! ! ! How on Hell do you Stop these Jerks from burying AMerica.. OUR AMERICA in Debt for cryin’ out loud !

He'returns'soon   May 24th, 2010 - 10:54 pm

More debt upon out children for fat union members. WHEN WILL THIS MADNESS END. >>> NOVEMBER <<<

blah blah   May 24th, 2010 - 11:14 pm

Are they trying to start a insurrection?? I think people are starting to smell blood. They cannot be serious in bailing out another public institution who made bad choices. America should be on the Capital steps on this one..Talk about arrogance!!!

kay   May 24th, 2010 - 11:40 pm

NO! NO! NO! No bail out for unions! Under no circumstances should that be possible. The unions donated at least $300,000 (known, plus under the table dollars), to the Obama campaign fund. If they are in debt for pension money then they need to fund pensions themselves or cut pensions altogether. Pensions are a pyramid scheme…..can not be sustained under the ever increasing volume of retired. Funding this year? What about the next ten years? Failure every year. Pensions were designed by the illiterate union members who couldn’t figure ‘long term simple finance formulas’.

These Union people are ’skimming the profits’ and now think they can benefit by whining once again.

kay   May 25th, 2010 - 12:11 am

Here are a few reasons why Unions should fail. They are setting themselves up for power over all companies. If you own a company…..please read this. If you care about your country, liberty, freedom, life as we know it……..please read it. Knowledge is power.
Be informed.

http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

ArizonaHoss   May 25th, 2010 - 12:47 am

How about we take all the money that is used for all the elections and use it to pay off the debt.

JIB   May 25th, 2010 - 12:58 am

If unions are so great than why do they all need to be baled out? I thought we were done bailing out idiots! WTF

Mick Russom   May 25th, 2010 - 1:20 am

GIVE ME A VOUCHER! Fire ALL OF THESE UNION SCUM! I WANT A VOUCHER! I will go private of home school , I DON’T NEED THESE COMMUNIST PIECES OF DOG CRAP teaching my kids.

Teachers, you are scum pawns in the communist lead hatred of freedom and liberty! I WILL RESIST!

fire all these rats! I hate teachers now Obama loving rat vermin scum!

Mick Russom   May 25th, 2010 - 1:22 am

“The press must grow day in and day out — it is our Party’s sharpest and most powerful weapon.”
Joseph Stalin – Speech at The Twelfth Congress of the R.C.P.(B.) (19 April 1923)

“Education is a weapon whose effects depend on who holds it in his hands and at whom it is aimed.”
Joseph Stalin – Interview with H. G. Wells (September 1937)

“Ideas are more powerful than guns. We would not let our enemies have guns, why should we let them have ideas?”
Joseph Stalin – As quoted in Quotations for Public Speakers : A Historical, Literary, and Political Anthology (2001) by Robert G. Torricelli, p. 121

alin and The Obamunists and Marxocrats thinking:

- They are right, there is no compromise without a cemetary.
- Hijack the press to control people.
- Disarm the opposition.
- Declare victory even if the worst has happened and even worse than that is to come. Just delcare victory.
- Education is to be used to indoctrinate.
- Shutdown the opposing viewpoint.
- God is dead.

The 20th century, 100+ million were killed by these commie rats:

http://www.hawaii.edu/powerkills/CHARNY.TAB4.GIF

And they are coming to America to put us down if we resist. They are now trying to paint dissent as domestic terror.

[...] This post was mentioned on Twitter by mikepfs, The B-Cast, Vince Humphreys, Beulah Garrett, Tea Tephi and others. Tea Tephi said: @beulahgg RT @thebcast: Dem Proposes $165B Bailout for Unions as U.S. Debt Rages http://tinyurl.com/32l92zh #tcot #thebcast #sgp [...]

lftcstcnsrvtb   May 25th, 2010 - 5:18 am

NO MORE BAILOUTS OF ANY KIND!!

The taxpayers have already paid the salaries of the teachers and administrators and their union bosses – If they botched up their pension plans why should we have to pay them AGAIN? We shouldn’t.

This is nothing less than “legalized” theft, and grand larceny if not worse.

Madoff looks like a 1st grader compared to these PhD’s in ponzi schemes.

Mike   May 25th, 2010 - 5:57 am

Unions are mainly consisted of dems (err communists I mean).They paid alot to get obama in.It was a gamble that had to be done because they can’t support themselves.Its paying off big time for the unions because they are getting back 10 fold what they threw in.Now they will be able to continue to live like kings because they along with the ghetto thugs in the WH are now holding a gun to all Americans who pay taxes.This is worse than being mugged because its done right out in the open and there’s not much we can do to stop it.There is no fight or flight with this government.Just keep saying bend over.

This will also ensure they keep voting dem in coming elections.Anyway u slice it it’s robbery,bribery,and illegal.

Trillions already spent and unemployment just rises,businesses closing everywhere,angry hyper politicized citizens are increasing,our governments expanding like nothing we’ve seen before,(in size and wages) and EVERYONE I HAVE ENCOUNTERED IN THE LAST YEAR says they are doing worse than ever.How can that be? (rhetorical)

CommonSense   May 25th, 2010 - 8:24 am

Unions are a cancer on this country and need to be abolished.

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Someone voting to raise your taxes to give your money to over-paid union goons, and indebt’ing your great-great-great grandchildren to do it? We got special donkey rails just for that!

Come on down and get your rails today!

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COMMANDER   May 25th, 2010 - 12:50 pm

TO ALL THE COMMUNIST IN THE IG,FBI,CIA,AND U.S. Senators and the left wing media outlets ,President Barack Hussein Obama threatens friends and bows to enemies, INPEACH OBAMA THE COMMUNIST ,GOD OPEN YOUR EYES.///For us there are only two possiblities: either we remain american or we come under the thumb of the communist OBAMA. This latter must not occur; TO THE WEAK-KNEED REPUBLICANS AND DEMOCRAT .THE COMMANDER /REPOST THIS IF YOU AGREE!!

COMMANDER   May 25th, 2010 - 12:50 pm

INPEACH OBAMA ,Barack Hussein Obama people have no idea of the extent to which they have to be gulled in order to be led.” “The size of the lie is a definite factor in causing it to be believed, for the vast masses of the nation are in the depths of their hearts more easily deceived than they are consciously and intentionally bad. The primitive simplicity of their minds renders them a more easy prey to a big lie than a small one, for they themselves often tell little lies but would be ashamed to tell a big one.” “All propaganda must be so popular and on such an intellectual level, that even the most stupid of those towards whom it is directed will understand it. Therefore, the intellectual level of the propaganda must be lower the larger the number of people who are to be influenced by it.” “Through clever and constant application of propaganda, people can be made to see paradise as hell, and also the other way around, to consider the most wretched sort of life as paradise. ///”pelosi don’t see much future for the Americans … it’s a decayed country. And they have their racial problem, and the problem of social &^% …obama feelings against Americanism are feelings of hatred and deep repugnance … everything about the behaviour of American society reveals that it’s half &^%, and the other half &^& How can one expect a State like that to hold TOGTHER.They include the angry left wing bloggers who spread vicious lies and half-truths about their political adversaries… Those lies are then repeated by the duplicitous left wing media outlets who “discuss” the nonsense on air as if it has merit… The media’s justification is apparently “because it’s out there”, truth be damned ,the commander TO THE WEAK-KNEED REPUBLICANS AND DEMOCRAT

JoeW   May 25th, 2010 - 1:06 pm

http://usdebtclock.org/

People stop the thievery. No new spending. obama is digging our economy into such a deep and ugly hole that it will be nothing short of catastrophic. This anti-American president is racing this Country to ruin aided mostly by so called democrats. When Communist China stops writing us blank checks — will our economy utterly collapse? Holler loud folks “Hell No”.

jana   May 25th, 2010 - 3:25 pm

NO NO NO NO NO NO NO NO NO!!!!!!!! Enough is enough!

Freedom   May 25th, 2010 - 3:52 pm

Kill The Rabbit!

Nathan Bickel   May 25th, 2010 - 7:33 pm

Why would Obama do anything different? First he coddled the union worker auto industry. Now, its the teachers’ unions. BHO is attempting to solidify his union 2012 re-election voting base.

Voters should have done their homework on this charlatan Chicago politician. Why would the Thief-in-Chief of the American taxpayer want to turn over a new leaf?

Greg Zotta   May 26th, 2010 - 1:42 am

Senator Bob Casey, (D-Pa.), is introducing legislation for a bailout of troubled union pension funds, which if passed could put another $165 billion in liabilities on the shoulders of American taxpayers.The Unions spent around 100 milion to get Obama elected and pledged 100 million for the 2010 elections to try to keep the Democrat/Statists in power. I say they should use that 100 million to shore up their pension plans and then maybe look into firing the corrupt union bosses and get another financial planner.
Greg Zotta
Republican Candidate for Mo.Senate 22

wilmac   May 31st, 2010 - 5:49 pm

OVER MY DEAD BODY!!!!!!!!!!!!!!

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