The payoff of Central States Pension Fund comes after the government told them not to cut benefits only a short time ago.  This was in spite of the fact that the pension fund was spending billions more than it was saving. 

TGP reported this morning that Biden is planning on paying off $36 billion dollars in a union pension that has been mismanaged for years.

PAYOFF? Biden Set to Announce $36 Billion “Bailout” for Union Pension Funds

Bloomberg reported:

President Joe Biden will announce a $36 billion bailout for the Central States Pension Fund, helping to shore up one of the nation’s biggest multiemployer plans and delivering help to union allies after a contentious rail deal that frayed ties with organized labor.

The Washington Times reported:

The Central States Pension Fund has $7.4 billion in assets, according to its most recent quarterly financial report. It is spending more than $2 billion per year more than it is taking in from contributions.

Like other ailing pension funds, Central States has been plagued with a variety of problems. Rising costs, a weaker stock market and a drop in the number of active workers participating in the fund have crippled its revenue.

Back in 2016 under the corrupt Obama regime, the government told Central States Pension that it would not allow it to cut costs.

In a major victory for multiemployer pension plan participants, the U.S. Treasury on Friday denied an application by the Teamsters’ Central States Pension Fund to slash benefits for hundreds of thousands of plan members.

The move could spare 272,600 participants of the Central States, Southeast and Southwest Areas Pension Fund from proposed benefit reductions.

“Today I notified the Central States Pension plan that its application to reduce pension benefits to hundreds of thousands of retirees was denied because the application that was submitted did not meet the requirements of federal law, the Kline-Miller statute, that governs Treasury’s evaluation and analysis of all such private multiemployer pension plans,” Kenneth Feinberg, special master for the Treasury Department’s implementation of the Multiemployer Pension Reform Act, said during a conference call with media on Friday.

“We at Treasury have worked closely with the PGBC and the Department of Labor over the past many months to review the application in its entirety. It is unanimous that the application fails to meet the statutory prerequisites,” he said.

Now, less than a decade later, the government is using taxpayer dollars to pay off the massive debt from the corrupt mismanagement of the fund.  Again, the US taxpayer is punished. 

The post CORRUPTION: Biden Bailing Out Central States Pension Fund After Government Told Them Not to Cut Benefits appeared first on The Gateway Pundit.

Guest post by Olivia Wolfe

After three hours of deliberations on Tuesday, a DC jury unanimously found three J6 defendants guilty on all 26 trumped-up charges stemming from the January 6th protest at the US Capitol.

This was the fourteenth Jan 6th trial before a jury in the most sensationalized story of our time, and the results are all the same:

At least three commissioned studies have shown an insurmountable bias in a jury pool that voted 92% for Joe Biden and felt personally victimized—(“unsafe, afraid, inconvenienced, affected by the state of emergency”)—all while getting pummeled by one-sided apocalyptic fiction about the day’s events.

Of DC residents:

– 95% were very or somewhat familiar with Jan 6th protest (Zogby)

– 82% felt personally victimized by the events of Jan 6th (InLux)

– 72% said they were likely to find the defendants guilty, even when given the choice that ‘it is too early to decide’ (InLux)

– 75% of respondents believe that any individual inside the Capitol should be convicted of insurrection (Zogby)

– 66% agreed that Jan 6th posed a dire threat to our nation and democracy (Zogby)

– 62% of respondents believe that all or some of the Jan 6th events were racially motivated (InLux)

Jeffrey Brown, who called The Gateway Pundit from jail in June, was among the three defendants that Tuesday’s jury rendered guilty on all seven counts leveled against him.

His co-defendant, Pete Schwartz, alleges that a juror flipped him off while reading the verdict, which is plausible considering the blatant rage DC liberals have for Trump-induced inconveniences. Brown was taken back into custody to await sentencing.

***JEFF BROWN NEEDS OUR HELP FOR FOOD, CLOTHES & COMMISSARY: PLEASE DONATE HERE***

How could they not be enraged when nightly news, both national and local, beat Americans over the head with full-blown lies trumpeted loudly then quietly retracted months later. The corporate press warns protesters ignited a “bloody war scene outside the Capitol”. While four Americans were killed by police during the protest, police officers claim they are victims and were  “slipping in people’s blood.” 

Sensational news coverage hasn’t been the only source of prejudicial damage to the January  6 defendants’ basic rights to fair trials.

Inflammatory statements are coming directly from our entrusted guardians, like Chief Judge Beryl Howell who stated from her seat on the bench that “everyone participating in the mob contributed to [the January 6] violence,” and that those who breached the barriers “are not trespassers, they are criminals.”

An unbiased jury and the presumption of innocence are foundational principles to equal justice, yet here is a judge directly contradicting the presumption of innocence and impartiality. This is a prejudicial statement coming from the very person tasked with instructing the jury for trial. That cannot be overcome.

***JEFF BROWN DIDN’T HAVE A CHANCE AGAINST THIS RADICAL MACHINE: PLEASE HELP HIM HERE***

Even without the news, the courts, and public officials against them, jury selection itself has been an absolute farce. A Politico article described the joke that is trying to find a jury of 13 people in a leftwing district with a population roughly equal to the number of federal employees (in a case in which the federal government was ‘victimized’):

“There was a former Hill staffer — and current defense contractor […] An elementary school principal whose good friend was close with a police officer who died days after Jan. 6. And a marketing professional who says she’s in social groups with Capitol Police Officer Harry Dunn.”

Despite third-party polling, tainted judges, and a blatantly prejudicial jury pool, every single change of venue motion has been denied across the board.

There is no way to get a fair trial in DC, and the judges are smugly unwilling to admit it. Who, then, is truly guilty of Obstruction of Justice?  The judges who violate basic Constitutional rights, or the protestors entrapped into trespassing?

Jeffrey Brown is a good man without a criminal past who attended a peaceful protest. He brought no weapons to the J6 protest and had no intent to cause harm. He did not injure anyone and he did not damage any property. He did not walk inside the Capitol or even attempt to. Yet the federal government has sent surveillance and swat teams after him, detained him in horrid conditions for nearly a year and transported him more than five times to jails in four states—racking up costs to the American taxpayer while disrupting his life in an attempt to break him.

What they don’t know is that the American people do not let communist injustices go lightly and that we stand united.

***PLEASE CONSIDER HELPING JEFF THROUGH THE NEXT LEG OF HIS JOURNEY THROUGH THE BELLY OF THE BEAST AS HE AWAITS SENTENCING IN BOP CUSTODY: DONATE WHAT YOU CAN HERE***

Never forget: Antifa struck police officers with bricks and fire-bombed businesses during the Presidential Inauguration of 2016 and the most time they served was 4 months, with ZERO pre-trial time.

The post HOSTILE JURY POOL CONVICTS THREE J6 DEFENDANTS ON ALL CHARGES in Tuesday’s Verdict: Defendant Jeff Brown Who Was Tortured by Prison Guards Is One of Them – Please Help Jeff By Donating Below appeared first on The Gateway Pundit.