Not only do they think you're stupid, they think their members are even dumber. After all, that money could be spent on member benefits. Like a $1,000 check for 150,000 members. Or putting some money into the dramatically underfunded pensions.
...let’s put that combined $150 million in perspective.
With that money, these three powerhouse unions could make 150 of their members instant millionaires. Or, if they preferred to “spread the wealth around” in accord with the President they did so much to elect in 2008, they could give $10,000 to 15,000 suffering members, or give 150,000 members $1,000 apiece.
How might those 150,000 members vote if asked whether they’d prefer to see $1,000 directed toward their savings accounts versus spendthrift political candidates?
Moreover, the $150 million described above comes from just three unions. According to the Alliance for Worker Freedom (AWF), nine of the top ten political action committees contributing to Democratic candidates are operated by labor unions. Additionally, four of the top five organizations donating to 527 groups are labor unions, according to AWF.
Consider as well that Democrats and union bosses have been consistently underfunding members' pensions for decades. That's not me saying that, Northwestern's Kellogg School of Business, which is not exactly a mouthpiece for right-wing propaganda.
For decades, union bosses have directed millions and millions of dollars to their own generous pay packages and their Democrat cronies, while leaving rank-and-file members' retirements at risk.
Nor do union bosses seem to care any more about American taxpayers’ plight than they do about members’ hardships when it comes to their partisan political goals. To illustrate, they’re now pushing federal legislation to dump grossly underfunded union pension plans into the Pension Benefit Guaranty Corporation (PGBC).
In other words, labor leaders want a bailout for union pensions...
Dump union benefit obligations onto taxpayers. That way, union leaders could continue to fight declining membership with promises of unsustainable pay and benefits, while shifting pension responsibility to others. Otherwise, according to a Wall Street Journal reference to a legal group formed on labor organizations’ behalf, unions would face “increased pressure at the bargaining table to decrease contributions and cut benefits.”
Yes, the union bosses and their Democrat sycophants are conspiring to rob taxpayers yet again. Ignore their puerile propaganda and vote every Democrat out of office in 2010. Every one. We can't afford any more of their destructive policies. And our children and grandchildren can't afford them either.
Hat tip: Michelle Malkin.
Don't forget! today is the day the Muslim brotherhood learn how they can get "direct stimulus checks" from the US government.
I'm betting these huge unions will arrange SOMETHING with the Obama Administration whereby the underfunded pensions get turned over to Uncle Sugar, ensuring that we taxpayers will be on the hook for every gol-darn dime owed.
Hope and Change?
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