(As seen on The Huffington Post)

First of all, I want to make it clear from the start: I hate those fat cats getting their compensations right from the stimulus money. They didn’t do anything to deserve that money, and that money wasn’t meant to reward them anyway. And the bottom line is that the current system of executives’ remuneration that allows such humongous paychecks, based in stock performance, is downright insane.

That said, it is in the same level of insanity to pretend to get 1.3 Million in pension payments from an investment of 62 K. But yet this is what AFL-CIO, SEIU et al. are demanding. Talking about protecting workers’ interests is one thing, and having a sustainable pension funding system is another. Most public workers won’t give away their lavish pension programs, not to mention their many other entitlements. They want obviously more taxes to finance their wages, and if that does not work, a federal bailout would be fine. More of the same.

In other words, the unions may be right when they want to denounce what they perceive as wrongful actions against the blue-collar workers, but it doesn’t mean they aren’t truly detached from their real bosses, the taxpayers.


About jokerizedpaul

A member of the sipmac team with armed only with his blog. Un miembro de the sipmac team armado sólo con su blog. Casi nunca la opinión correcta... al menos casi nunca la opinión que esperabas escuchar. Almost never the "right" worldview ... not even what you expect to hear. En el Blog Opinion Renegada, Paul Maršić de the sipmac team da rienda suelta a sus más calenturientas opiniones sobre cualquier tema, y paradójicamente intenta ser también responsable, al buscar siempre sustentarlas. In the Opinion Renegada (Renegade Opinion) Blog, Paul Maršić from the sipmac team lets freedom ring, and lets it loose with his most incendiary opinions based on any given topic. Paradoxically enough his blog is also intended as a responsible one, because he is always seeking to substantiate those opinions.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s