View Single Post
Vanadium 50
Vanadium 50 is offline
#8
Oct28-11, 06:49 PM
Mentor
Vanadium 50's Avatar
P: 15,576
Historian Walter Russell Mead has written about this here. Some excerpts:

In Rhode Island, it is Democrats, not nasty union-hating Republicans, who are doing the dirty work. Democratic mayors are telling their unions that there isnít any money ó not because they are vicious corporate stooges who hate working people and want to see them suffer, but because There. Isnít. Any. Money.
But ďobjectivelyĒ, as our Marxist friends would say, the union leaders and their political chums were the worst enemies of the workers: they told state workers that their benefits were secure even as it became increasingly obvious that, as a matter of arithmetic, they were not.

Letís be crystal clear about this. To tell a 50 year old pretty lies about the soundness of a pension plan is one of the most wicked and irresponsible things you can do without actually shedding blood; people who believe these phony promises will not make the extra savings, work the extra years or otherwise take steps to protect themselves until it is too late. Telling those pretty lies is exactly what Rhode Islandís establishment has been doing for some time; it is what Ostrich Party legislators, trade unionists, journalists and governors are still doing across much of the country.