$11 Billion: Now All Americans Will Pay Their Hard Earned Money to Federal Workers Pension Funds
January 2, 2012
WASHINGTON ‚ÄĒ¬†Last Friday President Obama signed an executive order ending the pay freeze on certain pension funds, mandating that US tax dollars be put to work to pay for the pension funds that the government has looted from its own federal workers.
And if that is not enough, the President is trying to add to the siphoning by proposing pay increases for the Vice President and members of Congress. However, the motion for pay raises was blocked in a Tuesday session.
Has Congress really tried to sell out the American people?
Erica Ritz¬†reported,¬†‚ÄúUnbelievably, in the middle of talks this week on tax rates and sequestration revision, in the midst of high deficits and a growing national debt, the president has proposed pay increases for members of Congress,‚ÄĚ¬†Rep. Mike Fitzpatrick (R-Pa.) summarized. ‚ÄúI have to say that nobody in this town saw this coming, and very few think it is warranted.‚ÄĚ
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Shepard Ambellas¬†is the founder & director oftheintelhub.com¬†(a popular alternative news website), researcher, investigative journalist, radio talk show host, and filmmaker.
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I myself can‚Äôt believe this is happening as one of the final blows to the American people has been dealt.
By way of another executive order signed by the Commander-In-Chief ¬†himself, President Obama now forces all Americans to work even harder, requiring $11 billion in taxpayer dollars over the next 10 years to pay for the federal workers pension fund that the government itself will not honor.