Thursday, June 07, 2012

Agree with Mish: Bankrupting Taxpayers is No Talent

Below is a post from Mike "Mish" Shedlock. Mish is known for his outspoken criticism of Unions and raising taxes. And Mish is spot on. Facts are facts. Unions were brought in when labor laws in this country were weak or else non-existant. Look, the free market works, WHEN IT IS ALLOWED TO WORK. If a CEO wants to pay himself 16 million a year, first off, the shareholders should have him drawn and quartered, and second, another company can (and should) pay their CEO much less, and pass the savings on to get better employees, or else lower the cost of their products and over time the second company will pummel the first company as they will have a competitive advantage. There is no cheating the free market.
Below, the issue is one of unions that contain workers who work for the state, that is, the public. If unions, by threat of strike, are able to drive up their wages, is that good? 
 Good for whom? Its great for workers who are getting paid more for the same job. Its good if there is serious inflation and workers need the money to keep up with it. Its bad for the people paying the workers wages: and that would be the private sector. The private sector actually CREATES jobs as the private sector must sell something for which there is demand for. The public sector spends money that it collects FROM THE PRIVATE SECTOR. So if the public sector spends more money, it must take more from the private sector, thus HURTING job creation and private sector growth. OR ELSE, the state must borrow more money - money that must be paid back AT INTEREST.


Posted: 06 Jun 2012 02:33 AM PDT
Congratulations to Wisconsin governor Scott Walker who became the first governor in US history to win a recall vote.

The New York Times reports Walker Survives Wisconsin Recall Vote
Gov. Scott Walker, whose decision to cut collective bargaining rights for most public workers set off a firestorm in a state usually known for its political civility, easily held on to his job on Tuesday, becoming the first governor in the country to survive a recall election and dealing a painful blow to Democrats and labor unions.

Mr. Walker soundly defeated Mayor Tom Barrett of Milwaukee, the Democrats’ nominee in the recall attempt, with most precincts across the state reporting results. The victory by Mr. Walker, a Republican who was forced into an election to save his job less than two years into his first term, ensures that Republicans largely retain control of this state’s capital, and his fast-rising political profile is likely to soar still higher among conservatives.

The result raised broader questions about the strength of labor groups, who had called hundreds of thousands of voters and knocked on thousands of doors. The outcome also seemed likely to embolden leaders in other states who have considered limits to unions as a way to solve budget problems, but had watched the backlash against Mr. Walker with worry.

Voters went to the polls in droves, and some polling places needed extra ballots brought in as long lines of people waited. One polling location was so swamped, state officials said, that it found itself using photocopied ballots, which later had to be hand-counted. The final flurry of television advertising — with Mr. Walker outspending Mr. Barrett seven to one — seemed to have little impact on the outcome. Nearly 9 in 10 people said they had made up their minds before May, according to exit poll interviews.
Liberal fools and union sympathizers in Madison, Milwaukee, and the extreme Northwestern part of the state voted for the recall, but overall the county vote was 60-12 in favor of Walker.



For an interactive map of percentages, please see Wisconsin Recall Election Results

Public unions survive by coercion, threats, bribes, and vote buying. Cities and states are broke as a result. Even FDR agrees.

Message From FDR

Inquiring minds are reading snips from a Letter from FDR Regarding Collective Bargaining of Public Unions written August 16, 1937.
All Government employees should realize that the process of collective bargaining, as usually understood, cannot be transplanted into the public service. It has its distinct and insurmountable limitations when applied to public personnel management.

The very nature and purposes of Government make it impossible for administrative officials to represent fully or to bind the employer in mutual discussions with Government employee organizations.

Particularly, I want to emphasize my conviction that militant tactics have no place in the functions of any organization of Government employees.

A strike of public employees manifests nothing less than an intent on their part to prevent or obstruct the operations of Government until their demands are satisfied. Such action, looking toward the paralysis of Government by those who have sworn to support it, is unthinkable and intolerable.
For more on public union slavery, coercion, bribery, and scapegoating please see ...


Finally, actual Wisconsin results prove Union-Busting is a "Godsend"; Elimination of Collective Bargaining is the Single Best Thing one Can do for School Kids

It's time to implement national right-to-work laws and put an end to public union collective bargaining nationally.

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