Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone.Confiscate your private pensions, and replace it with a 5% payroll tax (on top of social security) because we are too stupid to take care of ourselves.
Sen. Tom Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous "Guaranteed Retirement Account" (GRA) authored by Theresa Guilarducci.
New Lame Duck Threat to Bailout Union Pensions
In typical Harkin fashion, I can hear him attack anyone who disagrees with this by spouting off the tired old "You hate the elderly?" crap that he retreads every election cycle.
Chains and slavery, coming soon to a country near you...
Via Western Rifle Shooters Association