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Union Pension Funds Going Broke Nation Wide

Wednesday, March 1, 2017 14:04
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(Before It's News)

NEW YORK TEAMSTERS RETIREMENT FUND – BROKE

 

MANY MORE TO FOLLOW

 

We never thought we would see the day when the Teamsters Union Pension Fund went broke.

 

Their support of the Democratic Party – the party of slavery – is legendary.

 

We call the Democrats the PARTY OF SLAVERY because in 1860 the Confederates (All Democratic States) fought a war with the Union and one of their cornerstones was to preserve slavery.

 

In 1871 the Virginia Supreme Court (Virginia was a Confederate State) ruled that if you are a felon you are a slave – that ruling swept the nation. These Slaves were renamed as:  “Wards Of The State.”

 

All Illegal Aliens are legally Felons and considered “Slaves”  legally. The more Illegal’s the Democrats bring into the nation the more SLAVES they have.

 

When you go to work for a Union Based Company they tell you when to work, how hard to work, what YOU can do, and your Union Dues AND retirement dues are spent to support the Party of Slavery so you work as a slave until retirement.

 

The National Socialist Democratic Party (NAZI) has not changed in over 100 years.

 

Now Please Keep In Mind: Most Union Members do not pay, or collect, Social Security.

 

So they rely solely on their Union Pension Benefits and the Private Union Investment Funds they are allowed to invest in and these started going broke 3 years ago after donating to the democrats in the Mid-Term Elections in 2014.

 

So  - in 2014 Congress passed a law allowing Distressed Multi-Employer plans to reduce benefits to retirees if it would improve solvency of the funds.

 

Shortly afterwards a Private Pension Fund covering 407,000 retirees filed with the US Treasury for a reduction of payments to their own retirees and proposed a 60% cut in payout to their retires – and the US Treasury Department rejected it because the cuts were not deep enough.

 

After that Pension Fund after filed for relief  President Obama Personally had the US Treasury Department reject every single plan they received.

 

Again – in May of 2016 the US Treasury Department rejected a plan to cut the retirements of 270,000 Teamsters to save the fund as their Union Offices funneled huge amounts of cash to the Democratic Party Election Funds.

 

Shortly after that I was personally called by several really angry Teamsters as they told me the amount of money they were sending to the Hillary Campaign from their local unions – millions upon millions upon million of dollars both in checks and boxes of hundreds – cash – boxes of cash.

 

The Unions did not loose it in the stock market they did not loose it in Hedge Funds – they gave it away in boxes of cash and checks to the Party of Slavery – the Democrats.

 

Well – the last President is gone and his plan to have hundreds of Pension Plans fail the month after he left has begun.

 

So today the New York Teamsters Pension Plan has gone broke and it is the First Pension Fund to Officially “RUN OUT OF MONEY.”

 

This is a nightmare for it’s retirees as most retirements are being cut in half.

 

Imagine receiving $48,000 a year as a Pension – after taxes and Union Medical you take home around $2,000 a month and now you will take home around $1,000 a month.

 

TRUMP TO THE RESCUE:

 

1) First – the Pension Plans are insured BUT the retirees will only receive about half of their pensions – and half is better than none and thanks to new funding by President Trump they will receive a check, but at a 50% reduced amount.

 

Further – the Union Medical – Obama Care – costs are about to go way down so Union Members can take home more of their retirement pay.

 

2) Trump has already received promises to bring several million Manufacturing Jobs back to America and this NEW influx of cash will help refund these Failing Funds.

 

3) One of the plans of the New Treasury Director Goldman Sachs Steven Mnuchin is to stop illegal transfers of cash from the Insured Union Pension Funds to the Democratic Party.

==========

In other news – Australia has recalled 113 Ambassadors and Consulates – and there is talk of war. We shall see where that leads. What is actually happening is a huge changing of the guard.

 

To be blunt – these  NAZIs War Mongers are being thrown out of office world wide. It began here and is moving across the globe. US Weapons Sales increased 1,200% under the last US President and the world is tired of war.

==========

 

—SAVINGS TIP OF THE DAY—

 

We are in for a very cold next 18 months. In addition, we should see heat records set across the globe – such as being done in Australia today.

 

Please prepare – Food, Water, TP, Ammunition, Heat, Communications.

 

Due to food shortages and potential unrest we now carry Bear Spray in our cars – a can is $50.

 

We have a cooking channel to show you how to cook using these foods.

 

Please buy rice beans and mix it with Diatamatious Earth for storage.

 

We buy much of our food from Food For Liberty and we ate a meal from them last night – we love it and when mixed with rice these packets last for a very long time.

==========

 

Please pray that the Union Members – and it could be you – are somehow taken care of in a good way.

 

Please also pray that as President Trump peels back the layers of destruction the last 4 Presidencies Created that he gets massive help to stabilize our economy world wide.

==========

 

The News You Need

 

Dr William B. Mount

 

REFERENCES:

 

New York Teamsters Pension Plan Goes BROKE; Others Soon To Follow . . .

 

B4INREMOTE-aHR0cHM6Ly8yLmJwLmJsb2dzcG90LmNvbS8tQjZSZE9aQUJENzAvV0xjd2psREduSEkvQUFBQUFBQUFFSTQvQkhYMlVQbXlSbjBrdGNKQWhqRkRoYXhPVXNfYVE3SklnQ0s0Qi9zMzIwLzlkZTI5MDg0YjFhNGE5ZjFkOGY0OGMzNWNmYjE1ZmM1X1hMLmpwZw==

 

407,000 Workers Stunned As Pension Fund Proposes 60% Cuts, Treasury Says “Not Enough” | Zero Hedge

 

One of Nation’s Largest Pension Funds (Truckers) Will Reduce Benefits or Go Broke by 2025 | MishTalk

 

Treasury Department Rejects Plan to Cut Pension Benefits for Teamsters – The New York Times

 

 

 

B4INREMOTE-aHR0cHM6Ly8xLmJwLmJsb2dzcG90LmNvbS8tbDFCaVZhZDUyUGsvV0xjd2hnQTF3cEkvQUFBQUFBQUFFSXcveDNsRXlYYVdBM3dFVTNPcThOWWttY3B5WXo3M1kxT3lRQ0s0Qi9zMzIwLzA3ZGItdGVhbXN0ZXJzLW1hc3Rlcjc2OC5qcGc=

 

Trump to pick Mnuchin for Treasury secretary – POLITICO

 

PRAY THAT THIS MAN NOT ONLY STABILIZES UNION FUNDS BUT DOES AS THE GOD HAS ASKED THE TREASURY DEPARTMENT TO DO.

 

hE IS ABOUT TO FACE A HUGE PERSONAL CRISIS TO REMIND HIM OF WHAT GOD HAS ASKED THE US TREASURY TO DO – A HUGE PERSONAL CRISIS. SO GOD HAS SAID IT – SO IT SHALL BE.

 

NO MORE DELAYS.

 

B4INREMOTE-aHR0cHM6Ly80LmJwLmJsb2dzcG90LmNvbS8tM3hJZWw4QmkzakUvV0xjeE15MlgybUkvQUFBQUFBQUFFSkEvT3VPc2JjdjA2aEF0ZFdxeWozb24tMHFNQVZxLTVJdWxRQ0s0Qi9zMzIwL3N0YXRpYzIucG9saXRpY28uanBn

 

 

Talk of WAR! Australia Recalls ALL Senior Diplomats Worldwide for Serious Meetings next month – Something VERY BIG is “Up”

 

FINALLY – WE ARE CONTINUING TO P0RAY THAT THOSE WHO ARE DESTROYING BEFORE ITS NEWS ARE STOPPED IMMEDIATELY.

 

THE LIVING GOD HAS NOW PLACED A CURSE ON THSOE DESTROYING NEWS SITES AND LYING IN AMERICA – A CURSE TO HTEIR 4TH AND 5TH GENEREATION. SO HE HAS SAID IT SO IT SHALL BE. 

 

WE WOULD RATHER SEE THEM CHANGE RATHER THAN BEING HUR T- BUT IT IS THEIR CHOICE.

 

MANY NEWS LEADERS WILL NO3W BEGIN TO GO AWAY AND BE REPLACESD VERY QUETLY – SO GOD HAS DECLARED IT – SO IT SHALL BE. 

 

HUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

 

 

 

 

 

 

 

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