Comments on: From Your Pocket To Union Pensions

By: irongalt

irongalt — Mon, 27 Dec 2010 23:38:10 +0000

“there are no Blue States…only Blue CITIES”…that’s an interesting point…it was catching my attention how expansionist politicians that “win” get a majority vote from the large cities, but decidedly lose in most rural areas.

Come to think of it, cities are basically pig pens for the oinkers, except for the few factories & true private businesses left in this country.

By: CompassionateFascist

CompassionateFascist — Mon, 27 Dec 2010 05:44:55 +0000

“We” are doomed? I’ll put this as simply as I can: there are no Blue States…only Blue CITIES. We have them surrounded. Once the urban regimes can no longer bribe off their black/brown/other group entitlements with debt-financed handouts, the ethnoids are going to turn on their former cosmic-liberal masters, chop them up into little pieces, and fry them up for dinner. Think Haiti, 1820s. All we’ll have to do, once we withstand the initial shock of Civil War, is go into the cities and clean up the mess. Someone’s doomed alright, but it ain’t us.

By: Myron Pauli

Myron Pauli — Mon, 27 Dec 2010 04:53:46 +0000

There’s an enormous difference between an industrial union and a public employee union. The latter has access to three things that the former does not – (a) choosing the “boss” via electoral influence, (b) a semi-infinite pool of coerced public funds, and (c) a captive customer base. The stockholders of a private corporation have very limited toleration of unreasonable demands from industrial unions since they can close production, move it elsewhere, subcontract, out or go out of business if they give in to ridiculous demands. The City Councils and State Legislatures typically conspires with the Unions to fleece the public. When did one last hear of some Mayor saying “we can get bus drivers for only $35,000/year and you’ll all be fired if you strike!!”??

Many of these problems disappear when government limits itself to a civil/criminal justice function (rather than running transit systems, school systems, garbage collection, etc.) and switching from defined pension plans to contributory 401 k type retirement systems. The odds of the system reforming itself, however, are zero. Bankruptcy is more likely and (in that event) the Feds will likely bail out the State/Municipalities until the entire Fed system collapses. That will be the FINAL BUBBLE.