Just have team Obama step in and set aside the contracts of the pensioners like they did with Chrysler and GM debt-holders! I mean, it's already proven that contracts mean diddly-shit to the Obama administration. Oh that's right! These are public employees - we have to protect them at all costs - they're union members!!!
So, as much as I loathe the public unions, I have to agree that they have the same rights as the bondholders that Obama screwed. I'm absolutely against the unilateral decision to reduce contractually guaranteed benefits. The solution is to let the states either:
1) Cut elsewhere - I heartily approve
2) Raise taxes - think you know how I feel about this - frickin' retarded
3) Declare bankruptcy - My favorite. This will allow the rule of law to abrogate the incredibly unreasonable union contracts and put the states back on sound footing. If this had been the approach for Chrysler and GM and the courts had dictated the outcome, I would have understood it, no matter how much I might have detested the outcome.
In any case - I don't know how I really feel here. I hate the public unions so much that any time they lose I'm a happy guy. But, I hate the idea of the government overreaching and potentially setting some (more) dangerous precedents even more I think. In this case, I kinda find myself in the uncomfortable position of supporting the union claims.
Saturday, June 12, 2010
Solution is simple...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment