Tuesday, November 9, 2010

NATIONALIZING PENSION FUNDS

Neal Boortz   "The real reason? Unions. Yup .. there you go. Unions. You see many, if not most (perhaps all?) union plans are underfunded. Why? Well, maybe this is because union leaders, in love with their positions of power, spend too much from union dues to promote political candidates. Make that promote Democrat candidates. I haven't seen the study, but I am wondering how many of these pension plans would be in trouble if that money funneled to candidates was used instead to fund pensions?"

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