RandySF
RandySF's Journal1991: Joe Biden calls out Bill Barr for his corruption in Senate hearing.
https://twitter.com/Biden_Train/status/1233718837582946305?s=20Agent Orange tweets out for Sanders.
https://twitter.com/realDonaldTrump/status/1233976658572566529?s=20Rosie O'Donnell wants Biden/Harris
https://twitter.com/Rosie/status/1233910202497478656?s=20Bill de Blasio is now an internet troll
https://twitter.com/BilldeBlasio/status/1233936458404200450?s=20Biden won SC voters who support M4A.
https://twitter.com/jonfavs/status/1233962492394491904?s=20Senate Democrats avoid calling Sanders front-runner
Sen. Bernie Sanderss Democratic colleagues in the Senate are sidestepping references to his front-runner status, even though he has the most delegates and is the odds-on favorite to win California and Texas on Super Tuesday.
Senate Democrats, most of whom do not support the Vermont Independents boldest proposals Medicare for All, tuition-free college and the Green New Deal arent ready to crown Sanders as the likely nominee, arguing that former Vice President Joe Biden or another candidate might surge to the top.
You know, its hard to say. What, about 3 percent, or something like that, of people have voted? So a lot more people have to have their voices heard, said Sen. Tina Smith (D-Minn.) when asked if Sanders is now the front-runner.
Smith is up for reelection in a state that former Secretary of State Hillary Clinton won in 2016.
Trump plans to compete in Minnesota this year, telling supporters in 2019: We are going to fight with all of our heart and soul to win the great state of Minnesota in 2020."
Sen. Jeanne Shaheen (D-N.H.), who is up for reelection in a state President Trump narrowly lost, acknowledged that Sanders has won the most contests but said the race is far from over.
Were not even a hundred delegates into this process, so we have a long way to go, she said.
https://thehill.com/homenews/senate/485251-senate-democrats-avoid-calling-sanders-front-runner
Retirees' worst nightmare: Federal backing of pension funds at risk
The colorful history of the Teamsters unions largest pension fund as a piggy bank for the mob was a driving element in the Oscar-nominated film The Irishman. But it will take a lot more than great acting and directing to solve the funds current problems.
Its projected to run out of money in 2025. Already its annual benefits payments are $2.1 billion more than its taking in. And the Central States, Southeast and Southwest Areas Pension Plan is committed to paying $40 billion more in benefits to 364,000 members than its dwindling assets can support.
Not coincidentally, the federal backstop to protect such plans, the Pension Benefit Guaranty Corporation, is projected to go under the same year. Its multiemployer insurance fund covers 1,400 union plans with more than 10 million members and has a balance of about $2.5 billion. A growing number of insolvencies by small pension plans will shrink that to about $1.7 billion in 2024. The Teamsters plan will wipe out the rest.
Well take the PBGC down for sure, theres no doubt about it, said Thomas Nyhan, executive director of the Central States pension plan.
When that happens, Central States pensioners, currently receiving an average benefit of about $1,400 a month, will get an immediate 20 percent cut since the PBGCs insurance fund pays a maximum benefit of $1,072.50 a month. Those with 30 years in as a Teamster who receive a $3,000 monthly check can expect a 60 percent cut. Once the PBGC fund balance hits zero things get even worse, as its sole source of revenue will be the $380 million in premiums coming in annually.
https://www.rollcall.com/2020/02/28/retirees-worst-nightmare-federal-backing-of-pension-funds-at-risk/
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Gender: MaleHometown: Detroit Area, MI
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Current location: San Francisco, CA
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