The underfunding problem of union multi-employer pension plans continues. With as much as $369 billion in the hole, union pensions have become a ticking time bomb for both employers as well as present and future retirees.
Ultimately, the American taxpayers may be asked, as they were in 2008, to bailout unions’ underfunded pension plans.
It’s Thursday, March 21, and these are your Union Briefs…
Hey, remember that awesome CPAC speech by Mitch McConnell? The one where Mitch McConnell said — and I quote — “Obamacare should be repealed root and branch. And we’re not backing down from this fight.” And the same speech where Mitch McConnell also said, “This law is a disaster, and anybody who thinks we’ve moved beyond it is dead wrong.” Well, as I told you, | Read More »
Well, just last time I mentioned I had so little to talk about. I guess everything was lying in wait for tonight.
Top story appears to be the Electronic Communications Privacy Act. I’ve been skeptical since Leaky Leahy has been pushing it, and he’s pushed many a bad tech idea in the Senate. But Mike Lee is also backing it, as is apparently Jim Sensenbrenner. So it’s worth considering. It may actually be that Leahy isn’t trying to expand the state or weaken the nation here.
The National Organization for Marriage is organizing a march on Washington, DC on March 26, 2013 in support of marriage — actual marriage, not what the left is advocating for. They need your help too. You can give a contribution to support the March for Marriage by going here. If you are wondering why suddenly you are hearing so much in the media about gay | Read More »
Remember 66 Canal Center Plaza?In November of last year I documented how much of the Romney Campaign’s third party operations were run out of 66 Canal Center Plaza.Suite 555 of Canal Center Plaza houses Black Rock Group, Crossroads Media, WWP Strategies, TargetPoint Consulting, and Americans for Job Security.A number of these groups either directly helped the Romney campaign or worked with the outside groups who | Read More »
I’m calling Gov. Hickenlooper endangered for a reason: he just made a rather poor life choice. You see, the fellow bowed to pressure from East Coast liberals and signed into law today an effective firearms ban masquerading as a “high capacity magazine ban.” John Hickenlooper is apparently just self-aware enough to realize what problems this is going to cause him down the line: “[Hickenlooper] said | Read More »
Wow! Mrs. Peacock, in the toilet, with the scissors. I don’t think they have all the cards for that in your typical edition of Clue™. Should she not have done that? Let’s stop and evaluate…Is the average American still decent enough as a human being to even figure that out anymore? I’m disgusted enough to have to stop and wonder. Is America still a civilized enough nation to teach its citizens that this is a bad thing?
Obama starts the year by demagoguing Newtown and gun crime to an insane length. You have ‘they deserve a vote.’ You have all the talk about the need to get serious about guns. All of that.Then next, you have all the quiet talk about how the President doesn’t really need an assault weapons ban in the gun bill. You have mouthpiece of the Democratic National | Read More »
Governor John Kasich has insisted Ohio can adopt the Patient Protection and Affordable Care Act (PPACA) Medicaid expansion temporarily and back out in the future by including a “circuit breaker” provision that would revoke new Medicaid eligibility if Washington changes the rules. Ohio’s newspapers, which enthusiastically support Medicaid expansion, have reported Kasich’s claims without skepticism. With the federal government more than $16.7 trillion in debt but promising | Read More »
On today’s edition of Coffee and Markets, Brad Jackson and Allysen Efferson are joined by a Major in Israel’s IDF to discuss the challenges Israelis face with a war so close to home, an enemy that blends so easily into the background and the role of UAVs in modern warfare.
When Lucy kept tricking Charlie Brown with the football, at least she pretended to place the football on the ground each time he kicked it. Obama has never even pretended to start enforcing our immigration laws, yet one Republican after another is committing to amnesty – I mean pathway to citizenship – I mean – never mind. In fact, as Republicans are committing to legalization | Read More »
Congressional Republicans led by Senator Mike Enzi of Wyoming and Democratic Senator Dick Durbin of Illinois, are about to raise Americans’ taxes and set in place the foundation for states to be able to tax downloads from the internet, including from places like iTunes. Senators Durbin and Enzi are inserting an internet tax as an amendment to the Senate budget bill.The tax sounds innocuous enough. | Read More »
At the moment, it looks like a runoff is likely: Mark Sanford is ahead, but he’s only getting about 35% of the vote. Will link to updated results when I get a good one. [UPDATE: Politico's results are here.] Moe Lane PS: The Democrat nominee will be Elizabeth Colbert Busch; based on the fact that she’s getting less votes than Sanford and the general makeup | Read More »
I am, of course, inferring that from context. Senate Majority Leader Harry Reid has decided that a proposed assault weapons ban won’t be part of a gun control bill the Senate plans to debate next month, the sponsor of the ban said Tuesday, a decision that means the ban stands little chance of survival. Instead, Sen. Dianne Feinstein said she will be able to offer | Read More »
Senator Rand Paul (R-KY) launched a full-court press to join the comprehensive immigration reform discussion today, with both a speech and a column at the Washington Times (where the Senator is evidently set to become a weekly op-ed contributor.) Paul spent a good deal of his speech speaking in Spanish and reminiscing about his friendships with Hispanic people, but maybe not enough time detailing his position, | Read More »