"History is a wonderful thing, if only it was true"

Friday, June 04, 2010

More Joy

More on responsibility ... it's not mine, must be someone else's.

"The Union makes us strong"

Review & Outlook: The Union Pension Bailout - WSJ.com:

"Feeling tapped out after stimulus, ObamaCare and everything else? Senator Bob Casey has one more deal for you. If the Pennsylvania Democrat gets his way, U.S. taxpayers will also pick up the astonishing tab for poorly managed union pension plans.

Mr. Casey is gathering support for his curiously named 'Create Jobs and Save Benefits Act,' a bailout for union-run retirement plans. Similar to House legislation from North Dakota Democrat Earl Pomeroy and Ohio Republican Patrick Tiberi, the bill would transfer tens of billions of dollars worth of retiree liabilities to the Pension Benefit Guaranty Corporation, i.e., to taxpayers."

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