Unions Top the $1 Billion Club in California Political Spending

-By Warner Todd Huston

The California Teachers Association spent $211,849,298 on lobbying and political spending to get its way in California in 2009. Along with the CTA, the Calif. State Council of Service Employees and 13 other organizations spent a total of one billion dollars on political lobbying of the State House at Sacramento. All of these special interests have helped push California to the brink of insolvency.

But, according to the California Fair Political Practices Commission, the two unions mentioned above far and away top the spending of the other top lobbying spenders in California. The next closest in spending was the Big Pharma clocking in at $104,912,997 on its political spending with various and sundry Indian casino groups whose spending was in the less than $85,000,000 range.

Commission Chairman Ross Johnson said in a press release, “This tsunami of special interest spending drowns out the voices of average voters and intimidates political opponents and elected officials alike.”
Continue reading


Unions Top the $1 Billion Club in California Political Spending”


‘Restoring’ Unions ‘Right’ to Bargain Collectively

-By Warner Todd Huston

Not long ago union advocate Stewart Acuff penned a piece for the Huffington website that was filled with soaring rhetoric about unions “creating the middle class” and pleading for voters to pressure Congress to pass the absurdly named Employee Free Choice Act (EFCA). He claimed that this piece of… legislation would “restore the right to form unions and bargain collectively.”

Despite Acuff’s urgent pleading, however, he misses an elephant in the room. No one has taken anyone’s “right to collectively bargain” away from them. Of course that wasn’t the only thing that Acuff was factually incorrect about.

Why is it that union folks have to lie about everything, anyway?

Acuff starts out with a whopper.
Continue reading


‘Restoring’ Unions ‘Right’ to Bargain Collectively”


Panic on Wall Street?

-By Don Boys, Ph.D.

One of the oldest French banks, Société Générale, tells clients how to prepare for potential global collapse within the next two years according to a headline in London’s Telegraph, Dec. 2, 2009! That was a “global” collapse! And some of my friends suggest that I am an extremist! Yes, I have said that panic (an out-of-control response to economic collapse) was coming to the U.S. and the world economy not because I am a prophet but because I can connect the dots. Moreover, I expect the panic to reach Main Street where chaos will reign.

For a few years, I have been warning that panic is coming to the market. When that happens, everyone will know because Main Street will feel it bad. When the stock market was over 10,000 and gold was under $300.00, I told a stockbroker friend that the market would fall to 5,000 and gold would go to $2000. Recently, I told him I was fearful that he might have jumped from his penthouse apartment because of market volatility and massive fluctuations. Not yet, but he’s sitting on the ledge! Most brokers say that now is a great buying opportunity, but if you keep dealing with a broker that’s what you will be–broke. Others say, “go with the flow,” but you will likely go down the drain!

I have been trying to get people to get out of the market (unless they have taken precautions) for almost ten years, but they heard talk of a 36,000 Dow (from people who benefited from such talk) and what do I know! Some friends and subscribers did cash out and have called or written to thank me. Others stayed in hoping to recoup their losses. I think every investor should take advantage of any temporary market surge to minimize their losses–cash out. After all, something is better than nothing. The panic hasn’t started yet! Wait until masses of people call their mutual fund and get a recording or a constant busy signal! If you can’t reach them, you can’t sell. When everyone runs for the exit at the same time, many people are trampled in the stampede. Don’t get caught.
Continue reading


Panic on Wall Street?”


Gov’t Employees Now Make More Than Private Sector Workers

-By Warner Todd Huston

The news we have been warning you about is in. Government workers on average exceed the pay scale of those in private industry. The unsustainable situation is here. It is now clear that Bill Clinton was a bit premature when he said that the “era of big government is over.” Sadly he didn’t count on the era of big Obama to come.

One word explains why this upside down situation has come to fruition: unions.

USA Today is reporting that “the number of federal workers earning six-figure salaries has exploded during the recession.” The paper finds that workers at the high end of the salary scale are well represented in government. I’d say overly represented.
Continue reading


Gov’t Employees Now Make More Than Private Sector Workers”


More On Stern’s Appointment to Deficit Reduction Panel

-By Warner Todd Huston

Ed Barnes of FoxNews has a nice recap on Barack Obama’s appointment of Service Employees International Union (SEIU) Chief Andy Stern to his deficit reduction panel.

Barnes tells us that Obama’s appointment of Stern set off a “round of criticism.” That’s putting it mildly.

President Obama’s decision to appoint his close political ally, union leader Andrew Stern, to the newly created National Commission on Fiscal Responsibility and Reform has set off a firestorm of criticism from business and conservative groups who charge he is a political radical who should be investigated for failure to register as a lobbyist.

The failure to register as a lobbyist charge is over the fact that Stern was one of the most frequent visitors to the White House but never registered as a lobbyist to legally cover his visits. Whatever the case is concerning the legality of Stern’s constant visits to the Obama White House, those that criticize this appointment couldn’t be more right.
Continue reading


More On Stern’s Appointment to Deficit Reduction Panel”


A Conservative Candidate to Face Kirk and Giannoulias in Nov? Better Be Careful!

-By Warner Todd Huston

There has been some loose talk around conservative circles in Illinois about finding a more conservative candidate to run against both Alexi Giannoulias and Mark Kirk for the Illinois Senate in November. But the time for this was during the primary and that time is now passed. If we wanted a more conservative candidate than Mark Kirk we should have nominated him on February 2. A third party candidate at this time will only elect the mob banker, Alexi Giannoulias, to the Senate.

The only thing that wouldn’t make my statement above untrue is if a more conservative, third party candidate can mount a seriously funded campaign and can build a state-wide coalition over the next few months. By seriously funded, I’m talking at least four million dollars. The likelihood of this is remote at best.

And here is the thing: if a serious conservative candidate was able to get four million dollars together in only three months that candidate would have done so last October or November and would have been on that primary ballot.

It should also be pointed out that the state GOP will not be helping anyone but Kirk. Any insurgent candidate would have to build a state-wide network, or already have one, that could best the entire GOP establishment in order to run a credible race.

With Patrick Hughes out of the campaign due to his primary loss, there is no one else with the name recognition, state-wide network, or money to mount a serious campaign. Would that there was one.
Continue reading


A Conservative Candidate to Face Kirk and Giannoulias in Nov? Better Be Careful!”


Why Unions Are Dangerous in Education

-By Warner Todd Huston

One would think that a teacher that had 30 some years ago allegedly impregnated a 16-year-old student, a few years later sexually accosted two 12-year-old students, and was accused of molesting yet another student four years after that, would be out on his ear never to teach or be allowed around children again.

But the New York teachers union would beg to differ.

In fact, the union has differed so much that troubled teacher Francisco Olivares has been continually paid his $94,154 a year salary even though he’s been kept from the classroom for the last seven years.

So, who cares what the union says about this guy? Unfortunately, the union’s resistance to getting rid of him is enshrined in state law. The school can’t get rid of this dead weight either.

As a result, because the school can’t fire him and the union won’t let them, Olivares sits day in and day out in what is called a “rubber room” getting paid his full salary. That is getting paid his fall salary courtesy of the taxpayers of New York.
Continue reading


Why Unions Are Dangerous in Education”


Why Unions Can’t Work in Education

-By Warner Todd Huston

The Atlantic’s Megan McArdle had a great piece pinpointing exactly why unions don’t work, especially for education. Her piece headlined “How Unions Work,” really brings it home why unions can’t agree to merit pay for teachers.

McArdle’s post was prompted by a piece by left-winger Matthew Yglesias whose post is meaningless and I won’t go into too much here. But it did spur some good points by McArdle. Suffice to say that what Yglesias said was that he thought unions could come to like merit pay but that the discussion is messy because people “have ideological opinions about unions in general.” In other words, Yglesias thinks it’s everyone else’s fault, not the union’s fault.

Yglesias is fooling only himself.
Continue reading


Why Unions Can’t Work in Education”


Wall Street Journal Echoing The Blog

-By Warner Todd Huston

That’s right, it’s time to do the happy dance. Our drum beat of unions being antithetical to good government has, today, been echoed by the Wall Street Journal in an editorial board piece titled “The Public-Union Ascendancy.”

OK, OK, I am not silly enough to imagine that the WSJ is hanging on every word we here at the blog say — though I was told by John Fund a few months ago when we met in Chicago that he has read a lot of my work — but it is still good to see that we aren’t the only ones thinking along these lines.

The Journal has some interesting states to report on the increase in public sector leeches… um, I mean unions… and makes the salient point that it isn’t good.

The money paragraph sounds like something I’ve written a dozen times:
Continue reading


Wall Street Journal Echoing The Blog”


Obama’s Lobbyist Slams Masks Big K Street Payday

-By Warner Todd Huston

In his State of the Union speech, the president puffed up his chest, fixed his Mr. scornful face, and once again pulled out the populist’s handbook to bash those evil, monstrous lobbyists.

Obama mentioned lobbyists seven times in his address and in every case they were used as a scapegoat to explain away Washington’s inability to get one thing or another done.

Obama promised — again and for the thousandth time — to “end the outsized influence of lobbyists” in Washington. He then praised himself for excluding lobbyists from jobs in his administration and he proposed even more limits on them.

This attack on lobbyists is cathartic and makes for great populist boilerplate, of course, but there isn’t much truth in Obama’s attack on them because the fact is K Street — the D.C. street where many lobbying firms are located — has made more money off the Obama Administration than from any previous president.
Continue reading


Obama’s Lobbyist Slams Masks Big K Street Payday”