Carol Platt Liebau: Unions - Looking Out for #1

Tuesday, April 25, 2006

Unions - Looking Out for #1

Here in the LA Times is a piece that every teacher should see.

Apparently, mutual funds can pay teachers' unions to endorse them. In turn, the unions recommend them to their members -- without revealing the pay-to-play -- who are led to believe that the endorsement actually means something.

As a result, the teachers end up with retirement plans that often don't fit their needs -- and which may cost more than the better alternatives.

Shameful. Don't the unions insist that they're the ones that "protect" teachers? Doesn't sound like it to me.


Blogger Pete said...

As a retired old union member and rep in the IAMAW, let me just say that the union's first priority is to survive! Union security is numero uno! That's why they want at least to impose a closed shop - so even if you don't want to join, you are required to pay the dues. Gotta pay for all the great benefits they win for you, even if they happen to put the employer out of business or force him to Mexico! In UTC's case, China!

Even with teachers, the unions do protect the lousy ones, and keep the good ones from gaining according to their talents.

All in all, unions have lived past their relavance, as have most liberal protection programs.

12:32 PM  

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