This congress, has not only endangered negotiated agreements that were placed in the PBGC operating mandate, but they now have placed a litmus test on pensioners, look no further than the postal union, airline industry, automobile industry, the list goes on an on .
The PBGC is underfunded by over 42 billion dollars by the corporations that talked out of both sides of there mouth, with the help of there right wing hypocrites in Congress.


BECAUSE corporations that were suppose to fund these retirements through negotiated contracts they agreed upon at the negotiated bargaining table with members of a union, and then to turn around and FILE for BANKRUPTCY to negate the plans and have the plans placed on the backs of the taxpayers.


These hypocrites are not holding the corporations accountable, all they did was sound like nothing but wind bags of not doing nothing except hurting people that were told that there PENSIONS would be paid for and FULLY FUNDED, whenever they (corporations) filed there prospectus in the federal 10K SEC required filings.


These hypocrites now want to blame Unions for this underfunded government agency and want to further cut the funds is outrageous.


Then we have this right wing chairman and his band of merry men and women basically saying we now have there right wing congress we are going to screw the pensioners.


This was not suppose to be this way, they were charged with protecting the pensions and making sure that these corporations paid there money which was due.


This act of hypocrisy that these hypocrites says a lot of what was just passed with the FDIC derivatives rider being funded by the taxpayers if the banks use and will use the protections of the FDIC savings to say to the taxpayers you lose we win if our derivatives fail and the pension funds that are being sold by these banks are now more at risk.


These little fascists sitting in this committee should be challenged, but we the pensioners in the PBGC program have these hypocrites getting re-elected to cause further damage to the middle class and poor, that had retirements that were underfunded by smoke and mirrors, by the corporations and banks who also were playing this game with there accountants.




Everyone of these right wing hypocrites will further pass the proverbial buck away from the corporations that failed and LIED in the filing of 10K SEC filings that were fraudulent in the prospectus.


The right wing hypocrites of greed will not hold public investigations to have some questions and answers, and not one of these jerks will file charges.
They already know that when you have a approval rating of 9% really says something... you are not working for the people but with special interests / lobbyists creating riders to pass at the last minute in spending bills, with no discussions, no debate on the floor and to only hurt people that pay taxes to protect there pensions and savings, says a lot about there credibility, which isn't very much.

I just wonder how this folly will be discussed in Congress in the next election cycle?

willing to do so before the HOW of the equation can be known!