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Thread: McCaskill and Manchin Want Taxpayers to Cover Miners’ Insolvent Pension Plans

  1. #1
    INGSOC GURPS's Avatar
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    McCaskill and Manchin Want Taxpayers to Cover Miners’ Insolvent Pension Plans

    Senator Clair McCaskill is joining West Virginia Senators Democrat Joe Manchin and Republican Shelley Moore Capito to earn enough votes in the Senate to pay for union incompetencies in managing the coal miner’s pension.

    A press release on Thursday, October 5, 2017, noted that McCaskill wants US taxpayers to cover coal miners’ insolvent pension plans:

    WASHINGTON – U.S. Senator Claire McCaskill is again joining West Virginia Senators Democrat Joe Manchin and Republican Shelley Moore Capito in a bipartisan effort to permanently protect the pensions promised to tens-of-thousands of miners and their widows, including more than 600 in Missouri.

    “Hardworking folks across Missouri and this country were made a promise that if they worked hard and played by the rules, their decades of hard work would earn them a stable pension,” McCaskill said. “If Congress can’t uphold this promise for the hard working folks who helped power this county—putting their own health and safety on the line—then shame on Congress, because fixing this and keeping our word is the right thing to do.”

    Currently, the 1974 United Mine Workers of America Pension Plan is on the road to insolvency. The Senators’ American Miners Pension Act will shore up that pension plan to make sure that nearly 87,000 retired miners receiving pensions, as well as another 20,000 who are vested, won’t lose the pensions they have paid into for decades. There are 648 Missouri pensioners who are at risk.


    After Helping Obama Kill Off Coal – Democrats McCaskill and Manchin Want Taxpayers to Cover Miners’ Insolvent Pension Plans
    Never attribute to malice that which is adequately explained by stupidity.
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  2. #2
    they want taxpayers to cover union embezzlement.
    ___________________________________________________________
    "If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man." - Mark Twain

  3. #3
    Quote Originally Posted by GURPS View Post
    Senator Clair McCaskill is joining West Virginia Senators Democrat Joe Manchin and Republican Shelley Moore Capito to earn enough votes in the Senate to pay for union incompetencies in managing the coal miner’s pension.

    A press release on Thursday, October 5, 2017, noted that McCaskill wants US taxpayers to cover coal miners’ insolvent pension plans:

    WASHINGTON – U.S. Senator Claire McCaskill is again joining West Virginia Senators Democrat Joe Manchin and Republican Shelley Moore Capito in a bipartisan effort to permanently protect the pensions promised to tens-of-thousands of miners and their widows, including more than 600 in Missouri.

    “Hardworking folks across Missouri and this country were made a promise that if they worked hard and played by the rules, their decades of hard work would earn them a stable pension,” McCaskill said. “If Congress can’t uphold this promise for the hard working folks who helped power this county—putting their own health and safety on the line—then shame on Congress, because fixing this and keeping our word is the right thing to do.”

    Currently, the 1974 United Mine Workers of America Pension Plan is on the road to insolvency. The Senators’ American Miners Pension Act will shore up that pension plan to make sure that nearly 87,000 retired miners receiving pensions, as well as another 20,000 who are vested, won’t lose the pensions they have paid into for decades. There are 648 Missouri pensioners who are at risk.


    After Helping Obama Kill Off Coal – Democrats McCaskill and Manchin Want Taxpayers to Cover Miners’ Insolvent Pension Plans
    Sounds like whoever was supposed to provide oversight of this failed in their duties. When do the investigations start into that?
    There are only two possibilities; one is that we are alone in the universe, the other is that we are not.
    Both are terrifying.

  4. #4
    Quote Originally Posted by This_person View Post

    Sounds like whoever was supposed to provide oversight of this failed in their duties. When do the investigations start into that?
    It's Union.

    So, Democrats.

    ... so, no investigation.
    ___________________________________________________________
    "If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man." - Mark Twain

  5. #5
    If you are not even going to read the article why the f*** do you bother the comment?

  6. #6
    Quote Originally Posted by transporter View Post
    If you are not even going to read the article why the f*** do you bother the comment?
    Who are you talking to and why do you think they didn't read the article?

  7. #7
    Registered User
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    Quote Originally Posted by This_person View Post
    Who are you talking to and why do you think they didn't read the article?
    Kind of funny right after they just screwed over the federal workers retirement pension plans.

  8. #8
    Visualize whirled peas Merlin99's Avatar
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    Quote Originally Posted by GURPS View Post
    Senator Clair McCaskill is joining West Virginia Senators Democrat Joe Manchin and Republican Shelley Moore Capito to earn enough votes in the Senate to pay for union incompetencies in managing the coal miner’s pension.

    A press release on Thursday, October 5, 2017, noted that McCaskill wants US taxpayers to cover coal miners’ insolvent pension plans:
    WASHINGTON – U.S. Senator Claire McCaskill is again joining West Virginia Senators Democrat Joe Manchin and Republican Shelley Moore Capito in a bipartisan effort to permanently protect the pensions promised to tens-of-thousands of miners and their widows, including more than 600 in Missouri.

    “Hardworking folks across Missouri and this country were made a promise that if they worked hard and played by the rules, their decades of hard work would earn them a stable pension,” McCaskill said. “If Congress can’t uphold this promise for the hard working folks who helped power this county—putting their own health and safety on the line—then shame on Congress, because fixing this and keeping our word is the right thing to do.”

    Currently, the 1974 United Mine Workers of America Pension Plan is on the road to insolvency. The Senators’ American Miners Pension Act will shore up that pension plan to make sure that nearly 87,000 retired miners receiving pensions, as well as another 20,000 who are vested, won’t lose the pensions they have paid into for decades. There are 648 Missouri pensioners who are at risk.


    After Helping Obama Kill Off Coal – Democrats McCaskill and Manchin Want Taxpayers to Cover Miners’ Insolvent Pension Plans
    Union incompetency my ass, they spent all of the cash and got someone else to pick up the check. Brilliant I say.
    ‎"I've learned that pleasing everyone is impossible, but pissing everyone off is a piece of cake"

  9. #9
    Quote Originally Posted by Merlin99 View Post
    Union incompetency my ass, they spent all of the cash and got someone else to pick up the check. Brilliant I say.
    Not much different than the Feds allowing a few Unions to take deferred payments with union members retirement benefits and then going insolvent.
    Originally Posted by littlelady View Post
    I just reported you. You are one scary individual.

  10. #10
    Quote Originally Posted by black dog View Post
    Not much different than the Feds allowing a few Unions to take deferred payments with union members retirement benefits and then going insolvent.
    Super Shoes agrees with you. If we bail out the coal miners union, what's next? The California state employee pension fund, or the Chicago teacher pension fund? We still love Manchin. Too bad there are not more Dems like him.
    Last edited by littlelady; 10-13-2017 at 12:02 AM.
    ​​Like I said. JMO, yo! - Roman
    If you ignore the trolls, they starve. - Wishbone

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