Day by Day

Tuesday, May 25, 2010

The Next Bailout: $165B for Unions

Obama buying votes with our money.

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.

2 comments:

TartanMarine said...

No, Obama is not buying votes with our money. he is buying votes with our grandchildren's money. Our money is already spent.

BobHall
www.tartanmarine.blogspot.com

Marc said...

Good point.

 
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