FootballDad
Hall of Famer
That was all I had time for, as I was off to Cub Scouts (voluntary organization without the benefit of public sector unions), and it was an apt summary of virtually all of your posts in this thread, since you don't offer an alternative to the taxpayers, who are on the hook for the largess of PSUs.Kaptain said:FootballDad said:You're right, Kaptain. The government isn't big enough, and we don't pay enough in taxes.
I answered you in detail and all you did was come back at me like a little troll? That all you got?
I did a look around trying to find positions of the conservatives that you listed in a response to Westside, Paul Craig Roberts, David Duke, Gerald Celente, and Max Keiser, and couldn't find a definitive article of support for public sector unions. I found support for private sector unions, similar to what Don Wassall has posted here, but not for PSUs.
In Wisconsin, it turns out that collective bargaining is one of the ways that the Teacher's Union is stealing from the taxpayers. A union-mandated high-cost health plan that is owned by the union is milking the taxpayers by charging premiums that far exceed market norms, and are doing so with impunity.
This is why collective bargaining for benefits and insurance (NOT WAGES)should betaken off the table for WI Public Sector Unions. Thelucrative and monstrously expensive health insurance enjoyed by 64% of WI's public school district employees is paid for by the taxpayer as a direct result of Union "Collective Bargaining". In addition, the health care carrier, which is required be subjected to collective bargaining, is owned by the PSU!
WEA Trust has grown very fat on public school dollars, with a net worth of $316 million and a team of 12 administrators all receiving compensation packages worth six figures per year.Of course, everyone associated with Kaptain's union are allaltruistic peasants. Perhaps they should move to Wisconsin.
The Union forms a trust and becomes an insurance carrier (which isn't all that unusual for larger unions to underwrite their insurance, just particularly odious when it's a PSU, not subject to market forces), writes the most awesome insurance policy that money can buy, chargestaxpayers a pretty penny for it, has it legislated that 'collective bargaining includes insurance carrier identity,' and has their Union members demand that their own health insurance company be the provider with their Collective Bargaining Power.
Take a look at this report by the MacIver Institute (NOT the MacIverstein Institute!) in regards to the WEA Trust. Of course my favorite snippet is in regards to the companies that the Union (trust)invests in:
At the end of 2008, WEA Trust reported total assets of $674,131,940. It's reported net assets
(total assets minus liabilities) were $316,837,155, a 15.1 percent increase from 2007. (11)
The company's financial portfolio would make any Wall Street capitalist proud. According to
federal records it owns stock in several large, well known corporations that are traditionally
hated by the labor movement, including Halliburton (Dick Cheney's former company),
News Corp. (owner of Fox News Channel), Wal-Mart Stores Inc. (which unions despise due to
supposedly unfair employee compensation) and Goldman-Sachs. (12)
.....Including Goldman-Sachs, who Kaptain alleges that I must be a shill for if I oppose PSUs (!). Thanks Kaptain, no tinfoil hat needed.
* hat tip to WolfsCompass...