Friday, August 14, 2009

Union Pensions Getting BIG Payoff From Obamacare - Right Wing News (Conservative News and Views)

Union Pensions Getting BIG Payoff From Obamacare - Right Wing News (Conservative News and Views): "It isn't just out of the goodness of their hearts that Big Labor is gearing up to spend millions to help President Obama to jam Obamacare down the throats of the American people. The unions stand to get a big payoff of $10 billion to supplement their failing pension plans.

The President of the AFL-CIO recently announced that the union would jump into the healthcare fight to help out 'working people.' John Sweeney also said that the healthcare fight is 'the next big step in our march to turn around America.'

But unions already have their own healthcare plans and Obama promised -- for whatever an Obama promise is worth -- that union plans would be untouched by Obamacare. So, what are the unions in the fight for if it doesn't really touch them?

The answer to that question appears in the House bill on page 65, section 164 where unions are to receive a $10 billion dollar infusion of taxpayer's money to supplement their failing plans through a program called the 'reinsurance plan.'"

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