The Wisconsin 'Poison Pill"

[thereisnospoon]

It's funny, the Economy was brought down by a gigantic ponzi scheme, and in which were Pensions actually Gambled with and away, by the Wallstreet skeezebuckets............

then Walstreet was bailed out....NOT HELD RESPONSIBLE EITHER
Now, the State can't pay those pensions that were gambled away.......and it's all DA UNIONZZZ.

Is it your conclusion that Wall Street investors acting on their own, took money from the unions and the state pension funds then DELIBERATELY invested the money poorly with the
sole intention of getting to the point where the unions would be busted? Really?!!!!
Do you really think when you put money n your pass book savings account or deposit into your IRA the cash just sits there collecting dust?
Newsflash, financial institutions invest their money. With investment comes risk. if you want risk free, move into a plastic bubble.

 

[Trajan]

the fact is, Strassel over in the WSJ pointed out yesterday, there is a huge pool of Union workers whom have NO collective bargaining rights and never had, they are Federal workers.

I'll snip some part of her article ;


* FEBRUARY 25, 2011
Union Power for Thee, But Not for Me
If the president is so upset with Wisconsin's labor law reforms, why won't he allow federal workers to bargain collectively?

snip-

Fact: President Obama is the boss of a civil work force that numbers up to two million (excluding postal workers and uniformed military). Fact: Those federal workers cannot bargain for wages or benefits. Fact: Washington, D.C. is, in the purest sense, a "right to work zone." Federal employees are not compelled to join a union, nor to pay union dues. Fact: Neither Mr. Obama, nor the prior Democratic majority, ever acted to give their union chums a better federal deal.


snip-
For this enormous flexibility in managing his work force, Mr. Obama can thank his own party. In 1978, Democratic President Jimmy Carter, backed by a Democratic Congress, passed the Civil Service Reform Act. Washington had already established its General Schedule (GS) classification and pay system for workers. The 1978 bill went further, focused as it was on worker accountability and performance. It severely proscribed the issues over which employees could bargain, as well as prohibited compulsory union support.


snip-
Innocent Americans assume that unions use collective bargaining solely to obtain better pay and benefits. Not exactly. The real game is to insist that the dough runs through the union—giving it power over the state.

In Wisconsin, for instance, the teachers union doesn't just bargain for more health dollars. It also bargains to require that local school districts buy health insurance for their teachers through the union-affiliated health-insurance plan, called WEA Trust. That requirement gives the union (not the state) ultimate say over health benefits. It also costs the state at least $68 million more annually than it would if schools could buy the state-employee health plan—money that goes to a union outfit.

read it all at-
Strassel: Union Power for Thee, But Not for Me - WSJ.com