Biden ORDERS $36 BILLION in tax dollars to be given to Teamsters' pension fund

The corruption of the biden/Democrat regime has accelerated so fast that there's not enough time to tell you about all of it.  But here's an example from yesterday that should get your attention:

In their infinite desire to be re-elected (and to control everything), years ago the morons who rule you set up yet another gruberment program that the Founders never imagined and would never have permitted:  It created yet another gruberment bureaucracy--this one to give tax dollars to pension funds of companies that went bankrupt.

It's called the Pension Benefit Guarantee Corporation (They spelled it "Guaranty" to make it look like the Founders did it.)

I can hear my liberal friends bleating "Dis good idea!  Cuz doze po' workers were promised a pension, so when duh company folded after duh execs took duh pension fund, doze po' people lost duh pension dey wuz countin' on.  Dey shouldn't have to suffer jus' cuz dere company went bankrupt!"

Well sure.  Wait...if someone doesn't have insurance on their home, and it burns down, does the gruberment buy 'em a new home?

No?

But wait...is there any substantive difference between the two principles?

While you liberals think on that, here's what immediately happened: corrupt union managers conspired with corrupt executives to under-fund pension funds, knowing the gruberment would use your tax dollars to fund the shortfall.

And sure enough, up to yesterday the PBGC had funded 36 pension-fund bailouts.  The largest ever cost $1.2 BILLION.
 
Yesterday Porridgebrain DECREED that the PBGC would give the Teamsters Union pension fund $36 billion.

Astonishing.  A total bribe.

But as the corrupt Democrat-loving CNBC put it, this was merely an "infusion" to "shore up" a "financially troubled union pension plan."  So absolutely NOT a bribe, eh?  Not even a "payment."  Merely an "infusion."

As noted above, $36 BILLION is 30 TIMES larger than the largest single bailout the gruberment has ever ordered to be given to a pension fund.  And interestingly, the money will NOT come from the PBGC but from the $1.9 trillion pork-laden monster called the "American Rescue Plan," which was touted as a "coronavirus relief bill" when passed by the Dems last year.

See, they think you're dumb enough to believe that the Chyna virus stole $36 BILLION from the Teamster pension fund.  Actually they're right: 70% of all Americans were dumb enough to believe that the "vax" for the virus was "safe, and effective," so there ya go.

Wait...where was the provision "bailing out looted Teamster pension fund" buried in the so-called "coronavirus relief bill"?

Of course that was never explicitly named.  But the cunning, corrupt congresswhores who passed the thing knew exactly what would happen, and how.  It was all planned.

See, the people running the Pension Benefit Guaranty Corporation had reported that in just 4 years the fund would be down to zero, since it was paying out far more than it was taking in.  So the buried in the "coronavirus relief bill" was a huge chunk of money for the PBGC.

Welcome to your gruberment.

The $36 BILLION biden ordered paid to the Teamsters' pension fund yesterday will consume almost half of the total amount of taxpayer dollars the "coronavirus relief bill" gave to the PBGC.  But you never heard a word about any of this before five minutes ago, eh.

The government doesn't care what you want or think.  Pols and bureaucrats line their pockets with your money, and then preen about what faaaabulous "public servants" they are.