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<p>[QUOTE="medoraman, post: 1140839, member: 26302"]I don't think its OT since it deals directly with the fiscal mess that is driving people here to buy PM's. I think they are apples and oranges private versus public. What is going on with public unions would be akin to:</p><p><br /></p><p>A private company has shareholders, but some of the shareholders are also employees. These shareholders get to collective bargain, and their union takes a cut of their total pay each month to buy more shares of the company, Therefor, the more money they bargain for, the greater say the union has in running the company, making future raises easier and larger. The other shareholders gradually lose their say in the company, but the extra pay keeps coming out of their pockets whether they can afford it or not. When they finally band together to vote in new management to stop these increases, the employee cry foul and throw temper tantrums on the front steps of management.</p><p><br /></p><p>The net point is, public unions are bargaining for OUR money, not a private individuals, and are taking some of it to PAY FOR LOBBYING to get even more. This is what must stop, either ban their lobbying or ban their bargaining.</p><p><br /></p><p>Sorry that is how many of us feel. The percentage of public employment and their pay received has far exceeded private sector for 30 years or more now. This is the 800 pound gorilla destroying State and Local financing, and will eventually have to lead to State and Local bankruptcies unless the US wants to spend another 5 trillion on a bailout. </p><p><br /></p><p>If a moderator thinks this is OT, please delete, but I think its one of the cores of deterioration of the dollar today, the other being public assistance/social security/medicare. Rome did not fall from the barbarians, they bled the taxpayers dry to pay for bread and circuses.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1140839, member: 26302"]I don't think its OT since it deals directly with the fiscal mess that is driving people here to buy PM's. I think they are apples and oranges private versus public. What is going on with public unions would be akin to: A private company has shareholders, but some of the shareholders are also employees. These shareholders get to collective bargain, and their union takes a cut of their total pay each month to buy more shares of the company, Therefor, the more money they bargain for, the greater say the union has in running the company, making future raises easier and larger. The other shareholders gradually lose their say in the company, but the extra pay keeps coming out of their pockets whether they can afford it or not. When they finally band together to vote in new management to stop these increases, the employee cry foul and throw temper tantrums on the front steps of management. The net point is, public unions are bargaining for OUR money, not a private individuals, and are taking some of it to PAY FOR LOBBYING to get even more. This is what must stop, either ban their lobbying or ban their bargaining. Sorry that is how many of us feel. The percentage of public employment and their pay received has far exceeded private sector for 30 years or more now. This is the 800 pound gorilla destroying State and Local financing, and will eventually have to lead to State and Local bankruptcies unless the US wants to spend another 5 trillion on a bailout. If a moderator thinks this is OT, please delete, but I think its one of the cores of deterioration of the dollar today, the other being public assistance/social security/medicare. Rome did not fall from the barbarians, they bled the taxpayers dry to pay for bread and circuses.[/QUOTE]
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