Pensions

CHICAGO LABOR LEADER ‘MILKS’ THE SYSTEM

www.chicagotribune.com/news/local/ct-met-pensions-gannon-20110922,0,913026.story chicagotribune.com One-day rehiring nets former Chicago labor leader a $158,000 city pension By Jason Grotto, Tribune reporter September 21, 2011 Most city workers spend decades in public service to build up modest pensions. But for former labor leader Dennis Gannon, the keys to securing a public pension were one day on the city payroll […]

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KRAUTHAMMER – POSITIVELY PONZI

NEWS & OBSERVER Fri, Sep 16, 2011 Positively Ponzi BY CHARLES KRAUTHAMMER – Washington Post Writers Group WASHINGTON The Great Social Security Debate, Proposition 1: Of course it’s a Ponzi scheme. In a Ponzi scheme, the people who invest early get their money out with dividends. But these dividends don’t come from any profitable or

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RICHARD TRUMKA’s MESSAGE RE 9/11: A DAY TO COMMIT TO ACTIVISM

This is the hate that is spewing from the Left. Sept. 11, 2011: A Day to Commit to Activism A Message from AFL-CIO President Richard Trumka All of us will remember the horror and anguish we experienced 10 years ago. Whether we lost loved ones ourselves—family members, union brothers and sisters—or felt the shock of

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THE EVOLUTION OF OUR BLOATED WELFARE STATE

Published on The Weekly Standard (http://www.weeklystandard.com) The End of the New Deal Order It won’t win the future. Matthew Continetti September 5, 2011, Vol. 16, No. 47 EXCERPT FROM THIS ARTICLE:  The modern welfare state was born. In our era, Keller writes, political debate isn’t over how to constrain government. It’s over how to use

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THE CRISIS OF THE EUROPEAN UNION

IMPRIMIS – HILLSDALE COLLEGE July/August 2011 Václav Klaus President, Czech Republic The Crisis of the European Union: Causes and Significance Václav Klaus, the president of the Czech Republic, spoke to friends of Hillsdale College in Berlin during Hillsdale’s 2011 cruise in the Baltic Sea. The speech was delivered at Berlin’s Hotel Adlon on June 11, 2011. As

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BERNANKE IMPOVERISHING GRANDMOTHERS TO BENEFIT WALL STREET BANKERS

Published on FINANCIAL SENSE (http://www.financialsense.com) By James Quinn Created 15 Aug 2011 The utter failure of QE2, hollow Congressional spending “cuts” that will keep the National Debt on track towards $23 trillion by 2021, S&P downgrade and recent plunge in the stock market are the first cracks in the façade of the great American Empire.

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WISCONSIN’S CONTROVERSIAL BUDGET LAW BEGINS TO PAY OFF

July 12, 2011 By Byron York 7/12/2011 “This is a disaster,” Mark Miller, the Wisconsin Senate Democratic leader, said in February after Republican Gov. Scott Walker proposed a budget bill that would curtail the collective-bargaining powers of some public employees. Miller predicted catastrophe if the bill were to become law — a charge repeated thousands

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THE FAILURE OF AMERICAN SCHOOLS

June 2011 THE ATLANTIC Who better to lead an educational revolution than Joel Klein, the prosecutor who took on the software giant Microsoft? But in his eight years as chancellor of New York City’s school system, the nation’s largest, Klein learned a few painful lessons of his own—about feckless politicians, recalcitrant unions, mediocre teachers, and

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THE COMING POSTAL BAILOUT

MAY 14, 2011 Congress wants taxpayers to save mail worker pensions. One thing we’ll say about federal bailouts—if you pay attention, you can usually see them coming a mile away. It was true of Fannie Mae and General Motors, and it’s increasingly clear that the next candidate will be the U.S. Postal Service. The odds

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