New Study Shows Card Check Bill Will Seriously Damage U.S. Economy

The Lid/The Hill/LECG Consulting ^ | 3/11/2010 | The Lid

[Shellybenoit]

As reported exclusively on these pages last week, Union pension plans are in much worse shape than people feared. In fact, Moody’s September 2009 report measured 133 union pension plans. Out of the total 133 only 25 union pension plans are adequately funded, 43 of them are between 65-79% funded that classifies them as endangered. The remaining 65 union pension plans, one out of every two measured, are underfunded at a critical rate, less than 65%. For the full list click here.

The proposed card check bill, which will allow unions to dramatically increase their rolls by eliminating the secret ballot and replacing it with worker intimidation may be the only thing preventing union leaders from "A one-way ticket to Palookaville." That's why union leaders are ramping up the pressure on the Democrats, getting involved in the primaries trying to force them to listen despite the fact that card check will do terrible damage the the United States Economy.

[airborne]

I think that’s Obama’s plan.

To hurt the US economy.

[cashless]

It is just like Health care and Cap and Trade, they have set their evil little minds to do it and they will lie, cheat, bribe and steal whatever they have to, to get it done.
Make no mistake. They will try to ram this down our throats like Health Care because they think they are smarter than us and know whats better for us than we do ourselves.

[ez]

They want to make more Americans dependent on government and ensure Dem rule for decades. I fear they will hard-headedly will go too far.

[Blood of Tyrants]

That’s because the union leaders have been raiding the retirement coffers to pad their own nests and to buy politicians.

[bronxville]

Agree.

[FrogMom]

The big story would be a plan of BOs (or plan he supports) that WON’T damage the economy, seriously or otherwise.