Last week, I wrote about multiemployer pension plans as they relates to Sen. Bob Casey’s, D-Pa., pension bailout bill. It takes a bit to unpack and I encourage you to read the whole thing, but in a nutshell:
So union management bleeds one company dry, then makes an unrelated company responsible for picking up their pension obligations. Then they start bleeding them dry. When there’s no one left to bleed dry, they have Democratic senators and House members in their pocket to push this bill on the taxpayer.
But wait! It actually gets even more sinister. In April, I wrote about how card check is used as a tool to pressure employers into multiemployer pension plans:
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