{"id":392995,"date":"2021-04-19T16:07:00","date_gmt":"2021-04-19T20:07:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=392995"},"modified":"2021-04-20T15:59:23","modified_gmt":"2021-04-20T19:59:23","slug":"rush-nails-it-bidens-pension-bailout-destroys-home-values-while-union-thugs-cash-in","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2021\/04\/19\/rush-nails-it-bidens-pension-bailout-destroys-home-values-while-union-thugs-cash-in\/","title":{"rendered":"Rush Nails It: Biden\u2019s Pension Bailout Destroys Home Values While Union Thugs Cash In"},"content":{"rendered":"

TODD: The $86 billion bailout… Did you hear about this? This is for Big Union. Multiple employer-managed pensions were part of the $1.9 trillion supposed covid bailout. The result is, you have people who possibly a lot of times were shut down purchasing new cars, getting their houses remodeled. You have in New York… They\u2019re talking about making New York City an agrarian culture, a farming culture!<\/p>\n

\"\"There\u2019s mayoral candidates who say we need a $25 million food fund for illegal immigrants. You have in Oregon, they\u2019re saying, “We want masks to be forever required.” It\u2019s phenomenal what\u2019s happening. Now, in regard to these union measures, you see what\u2019s happening here to the actual workers, like the destruction of the economy that they rely on for their jobs.<\/p>\n

Yeah, it\u2019s a short-term sugar hit, the so-called covid bailout, but Rush talked about destroying the home values of people with one hand while they pay off union bosses with the other hand.<\/a><\/p>\n

RUSH: The Chicago Federal Reserve has unveiled its solution to the pension problem. A speaker from the Chicago Fed — this is at an event that was sponsored by — it was last month — sponsored by the Civic Federation and the Federal Reserve Bank Chicago — Illinois has unfunded liabilities, particularly on pensions, that are off the charts.<\/p>\n

“A speaker from the Chicago Fed proposed levying, across the state and in addition to current property taxes, a special property assessment they estimate would be about 1% of actual property value each year for 30 years.<\/p>\n

 <\/div>\n