Pennsylvania's Progressive Democrat Senator Bob Casey, who was one of seven senators who opposed pulling taxpayer funds from ACORN, has a plan for taxpayers to pick up the tab for poorly managed pension plans. Most of these failing plans are union pension plans.

According to an editorial in the Wall Street Journal : "Mr. Casey is gathering support for his curiously named "Create Jobs and Save Benefits Act," a bailout for union-run retirement plans....In 2006 Congress passed the Pension Protection Act to prod companies and unions to shape up their pension plans, whether by lowering benefits, increasing contributions from employers and workers, or even raising retirement ages. The fact that many unions and companies have refused to use these tools does not make their mistake the obligation of U.S. taxpayers....Union chiefs prefer the power that comes with managing huge pension investments—even if they're failing. They are now counting on Mr. Casey to preserve their power by making taxpayers pick up the tab for years of pension mismanagement. With the union priority of "card check" stalled, word is that the Casey bailout is Big Labor's consolation prize. Taxpayers should let Congress know they don't want to pay."




http://online.wsj.com/article/SB1000...180553530.html

Remember ACORN was found innocent of all charges because it was found that one of your conservative heros doctored the tape!!!!!!!!

Yeah, yeah, I know waynet. ACORN is the best thing since sliced bread and Bertha Lewis deserves a Nobel Prize. But that isn't the point of the article.

Originally Posted by waynet

Remember ACORN was found innocent of all charges because it was found that one of your conservative heros doctored the tape!!!!!!!!

PLEASE Wayne..PLEASE, tell me you are not defending this group and its actions !

please respond...I SINCERELY AND HONESTLY want to hear what you feel about this group !!

PS....sorry for highjacking the thread...THIS is NOT about ACORN....will accept that from all the spending and all the issues facing this country, that Wayne found the most offensive the attack on ACORN !!!

I gladly open the floor to his remarks Bucco.