Within the last year and a half, the federal government has provided hundreds of billions of dollars to prop up otherwise failing corporations and financial intermediaries. This mating of economics and politics, inevitably steeped in favoritism, justifiably has earned denunciations from many sources, including National Legal and Policy Center. Labor unions also have been among the critics. Yet their leaders habitually put high principle aside when their own hides need bailing out. Case in point: a bill introduced in late October by Rep. Earl Pomeroy, D-N.D. (see photo), the Preserve Benefits and Jobs Act of 2009 (H.R. 3936). This legislation...