Posts Tagged ‘Government Employee Pension Funds’
Motor City May Cut Overstuffed Pensions
Detroit is the largest city to be forced to declare bankruputcy, in part due to union officials’ extorting huge sums of money from taxpayers to pay for incredibly lucrative pensions for city union members. Nathan Bomey, Brett Snavely, and Alissa Priddle, have the story in the Detroit Free Press. The city of Detroit today…
Read MoreGovernment Employee Pension Funds Force Bankruptcy
An editorial in USA Today reviews the bad news about government employee union pension funds, which are seriously underfunded in many cities and states. It is interesting to note that all of the states where bankruptcies have occurred were forced unionism states at the time of the bankruptcies. Detroit’s bankruptcy proceedings began before Michigan became…
Read MoreNILRR Weekly Newsclips, November 08, 2013
Group files complaint about Unified’s vote to negotiate with unions Kenosha News Online, November 08, 2013 According to a statement from the Institute, the complaint was filed on behalf of Kristi Lacroix, who they identify as a district taxpayer. Lacroix is a former teacher at Lakeview Technology Academy who left her job this…
Read MoreSan Bernadino Declares Bankruptcy
The California Public Employees Retirement System (CalPERS) is protesting San Bernardino’s bankruptcy case, pointing out it’s theirjob to protect the pension fund.Who protects taxpayers from CalPERS and union officials who demand more and more money from taxpayers and unwilling union members, to provide more and more outrageous benefits to them?And, as the author points out,…
Read MoreNILRR Weekly News Clips August 30, 2013
National Right to Work Committee to Hold Candlelight Vigil at AFL-CIO Headquarters Online candlelight vigil to commemorate victims of union violence being held at www.EndUnionViolence.com Washington, DC (August 30, 2013) – Friday afternoon, Mark Mix, president of the National Right to Work Committee, will be making a speech to launch a candlelight vigil…
Read MoreNILRR Weekly News Clips August 9, 2013
A Union Run Amok National Review Online, August 8, 2013 John Raudabaugh, a staff attorney with the National Right to Work Foundation, is representing Clark. He says the union failed to inform employees of their rights to opt out of membership and pay reduced dues so that their money wouldn’t go to the union’s political…
Read MoreMich. Judge – Detroit Bankruptcy ‘Not Honoring’ President
Judge Aquilina, who is in charge of the Detroit city bankruptcy filing, has ordered Governor Snyder to have the Detroit city’s emergency manager, Kevyn Orr, to withdraw the filing because it might “. . . impair . . . accrued pension plans. . . “Since President Obama ordered taxpayers to bail out the auto industry,the…
Read MoreNILRR News Clips July 19, 2013
50 Politicos to Watch: Doug Stafford Politico.com, July19, 2013 Stafford did not meet Paul until late in the summer of 2009. He had risen from a junior writer to vice president of the National Right to Work Committee, the pro-business lobbying group that opposes forced unionization. Minnesota’s child care union battle moves into federal…
Read MoreNILRR Weekly Clipsheet July 12, 2013
Right to Work and a Test for Republicans Wall Street Journal, June 14, 2013 Still, a ranking of 22nd out of 50 states leaves plenty of room for improvement and begs the question: What do the top 10 states for business–Texas, Florida, North Carolina, Tennessee, Indiana, Arizona, Virginia, South Carolina, Nevada and Georgia–have in…
Read MoreNILRR Weekly News Clips May 10, 2013
Kansas outperforms ranking on employment Topeka Capital Journal Online, May 4, 2013 Factors considered in the report are the state’s highest personal income tax rate, highest corporate income tax rate, personal income tax progressivity (meaning how much more higher-income taxpayers pay than low-income ones), property tax burden, sales tax burden, whether the state…
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