CEI Weekly: The Union Pension Bailout

CEI Weekly is a compilation of articles and blog posts from CEI’s fellows and associates sent out via e-mail every Friday. Also included in the weekly newsletter is a brief description of CEI’s weekly podcast and a feature on a major CEI breakthrough made during the week. To sign up for CEI Weekly, go to http://cei.org/newsletters.

>>[Video] The Union Pension Bailout

Labor Policy Counsel F. Vincent Vernuccio was on Fox Business to discuss Sen. Robert Casey’s “Save Jobs and Create Benefits Act.” The Act includes a multi-billion-dollar bailout for mismanaged union pensions. Vincent slams the bailout and explains why bankrupt union pension plans are essentially “a giant Ponzi scheme.” Watch the clip.

>>Shaping the Debate
Nothing New About Privacy Fears
Carolyn Homer’s op-ed in AOL News

Just Another Liberal Advocacy Group
Iain Murray’s op-ed in The Washington Examiner’s Examiner Opinion Zone

China, Economic Growth and ‘Green Jobs’
Chris Horner’s
op-ed on BigGovernment

Federal Register Hits 50,000 Pages
Ryan Young’s op-ed on The Daily Caller

Why Republicans Should Favor Legalized Internet Gambling
Michelle Minton’s op-ed in Forbes

Bobby Bailout: Casey to Put Taxpayers on Hook for Teamsters’ Shenanigans
F. Vincent Vernuccio’s citation on National Review Online

>>Best of the Blogs
Mexico’s Retaliation – A Good Idea?
by Fran Smith

Primer on Extreme Weather Mortality
by Marlo Lewis

Radical Capitalism: A Noble Experiment We Ought to Try
by Michelle Minton

>>CEI Podcast
August 17, 2010: Another Union Bailout?
In the first episode of the new CEI Podcast, Vinnie Vernuccio talks about the latest big labor bailout, proposed by Sen. Robert Casey. His bill would put taxpayers on the hook for as much as $165 billion to bail out underfunded union pensions.

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