Posted on 03/01/2010 9:16:28 PM PST by Shellybenoit
SEIU National Industry Pension Fund 65.00%
Maybe the union rank and file needs to ask why their pension money got pissed away on political contributions to DemocRATS and sweet heart deals for the union bosses.
The biggest problem is that the unions and the administration continue to see this as a funding problem. They will never admit that their benefits are too generous and getting more so every time they go through another negotiation session. "Enough" is never good enough!
Come on Freepers, let's keep this story hoppin'! Keep the pressure on these crooks!
We all know that Obama's presidency is designed to proper Big Labor. If he fails, they fail!
I know full well most people hate the belligerence and thugishness of the unions. Their demand for excesses has tainted anything good they ever did! It is time to expose them and prevent the funneling of tax dollars to their coffers.
The ongoing union argument is, "We were promised these benefits throughout our working careers and we deserve to have them fulfilled". (I can sympathize with that). But, many of us were looking forward to a certain level of retirement also. Non-union workers had to set money aside, invest in 401K's, annuities, etc. to fulfill those goals. Now, we are being told that our "dreams"/plans are superfluous. Obama wants to take some of ours so he can fulfill the EXPECTATIONS to union retirees. Screw our expectations! We are expected to do with less so unions can fund their pensions.
Again, we need to keep this argument alive! Make Obama squirm, just like we did with healthcare.
This is only the tip of the ice burg compared to the underfunding for local, state and federal retirement pension and health benefits.
This is only the tip of the ice burg compared to the underfunding for local, state and federal retirement pension and health benefits.
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