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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. >>Support CEI Like what you read? The Competitive Enterprise Institute's 26-year record of success is made possible by our over 3,000 supporters. Please be sure to stop by www.cei.org/support to make a donation today.  Curious about all the possible ways to donate to CEI? Contact Al Canata at acanata@cei.org or 202-331-2280 to find out more.