Florida Pensions Go Ballistic
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  • Mogden

    The portion of a public pension that exceeds the median income for a region should be taxed at a 90% rate.

  • Toni

    Dr. Mead, of course you know that Democrats have long endorsed and supported labor unions, and the unions have responded in kind. Why are local and state union boondoggles worthy of your comments, but not those at the national level?

    No president has done more to shunt federal funds to unions (UAW, government, construction, etc.), nor to bend the law to serve unions (Boeing lawsuit, Delta unionization) than Barack Obama. I daresay no president has benefitted more from back-scratching union donations — for example, $80 million in 2008 from the Service Employees International Union alone. Guess who was the single most frequent non-governmental visitor to the White House in Obama’s first six months. SEIU President Andy Stern.

    All told, unions gave some $400 million to Democratic candidates in 2008.

    May I modestly request that, in addition to your spotlights on local and state back-scratching, you address President Obama’s and the Democrats’ mutually remunerative relationship with labor unions? The difference is in details but not in kind.

    The MSM considers this issue ho-hum. A good overview of recent union struggles and Democratic responses, including Obama’s, appeared in the conservative Weekly Standard. http://www.weeklystandard.com/articles/unionsd-mmerung_557488.html Excerpt:

    “While the White House was trying to demonize the Chamber of Commerce, the Wall Street Journal reported that the biggest donor in the 2010 election was actually the American Federation of State, County, and Municipal Employees (AFSCME). A single public sector union had spent $87.5 million in recycled tax dollars​—​supporting Democrats. AFSCME’s political director even bragged to the Wall Street Journal, “We’re the big dog.””

  • Scott

    The really scary thought is that Judges are public employees who are counting on those cushy retirement packages. Who wants to bet that when the bankrupt states can no longer fund the pensions, and the suddenly cut-off public pensioners start filing scads of lawsuits, that those public employee judges will rule for the people, and against the entrenched bloated pension plans? Not me.

    What type of revolt is going to happen when the judicial branch starts dictating tax and spend policy through court cases that find that states MUST honor pension demands, all other obligations and responsibilities be damned?

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