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To: tcrlaf
I wonder what will happen after this program has been up and running for a few years and a major labor union comes out and says they don't have the money to cover their member's pensions????

What possible "bailout" solution could the government come up with to stick the tax payers with the commitments made by unions to their members and save the poor union thugs???????

59 posted on 01/29/2014 2:39:40 PM PST by nitzy (You can avoid reality but you can't avoid the consequences of avoiding reality.)
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To: nitzy

- Barry of da Bungle - Cokehead for sale…..


107 posted on 01/30/2014 3:38:33 AM PST by devolve ("He's just 'too talented' to do what 'ordinary people' do." "Barry of Bungle" "Homo Electus")
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To: nitzy

- Barry of da Bungle - Cokehead for sale…..


108 posted on 01/30/2014 3:39:14 AM PST by devolve ("He's just 'too talented' to do what 'ordinary people' do." "Barry of Bungle" "Homo Electus")
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To: nitzy

In CA, this plan is already in the works. The public employees unions are the ones that have been pushing it. CALPERS will run it. That way, they can use the money to pay out their constitutionally protected member’s pensions with the poor private worker’s money, and the taxpayers can foot the whole bill.


123 posted on 01/30/2014 7:13:24 AM PST by Rusty0604
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