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Cinga

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7 minutes ago, devnull said:

 

Fauci will retire by the end of 2022 if Republicans take the House, and thus have Oversight Authority in the next Congress


That is my take on it, too.

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https://www.zerohedge.com/personal-finance/america-just-bailed-out-bunch-pensions-taxpayers-expense

 

Unnoticed by most taxpayers and touted as good news was the fact we the taxpayers of America have stepped up to the plate and bailed out hundreds of failing pensions. Much of this took place without the average citizen even knowing it occurred.

 

Buried deep in the American Rescue Plan signed into law by President Biden in March 2021 was a provision mandating the government to bail out ailing multiemployer pension plans. 

 

 

 

Before the American Rescue Plan, over 200 of the nearly 1,400 multiemployer plans  were facing near-term insolvency. This threatened to leave 2 to 3 million participants without their full earned benefits. These multiemployer pension plans were created through agreements between unions and two or more employers and cover nearly 11 million participants, many of them in industries such as construction, trucking, and manufacturing.   

 

As noted many times on this blog site, pensions are in many ways the biggest Ponzi Scheme of modern man. Many of the plans have overpromised while being hit hard by a decline in unionization, employer withdrawals from the plans, and investment losses. While a 2014 law allowed some troubled plans to slash the benefits of current retirees the idea conflicts with protections enshrined in federal pension law.

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This is more than just a little concerning to me. There is literally nothing we can do about it, so I just pray voters will ultimately remind the left that they'll take the "ultra MAGA" crazy person over socialism every day of the week.

 

But the commies are dumping a shit ton of cash into Trump-endorsed candidates in hopes of beating everyone with more Trump, Trump, Trump.

 

 

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3 hours ago, IDBillzFan said:

This is more than just a little concerning to me. There is literally nothing we can do about it, so I just pray voters will ultimately remind the left that they'll take the "ultra MAGA" crazy person over socialism every day of the week.

 

But the commies are dumping a shit ton of cash into Trump-endorsed candidates in hopes of beating everyone with more Trump, Trump, Trump.

 

 

who controls the vote count will determine the winners

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