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.

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