workers of the world unite

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general35

5,000+ Posts
just what know what your union dues are going to pay for....and of course our taxes....

A labor leader in Chicago is expected to receive pension payments of nearly $500,000 a year, while another could get about $438,000 a year, according to reports Wednesday.

The Chicago Tribune and WGN-TV, which obtained information about union pension benefits during a joint investigation, said at least eight union officials in Chicago were eligible for what were described as inflated city pensions on top of union pensions for the same period of employment.

The news organizations said this was due to "a charitable interpretation" of Illinois law by officials representing two city pension funds.

"Can you name any place in the world where someone can get two pensions for the same job?" state Rep. Tom Cross, a Republican, told the paper. "Even by our standards here in Illinois, it's beyond belief. It's insane."
The Link
 
I just don't get it...Here in Texas, a state employee gets 2 and 1/3 percent of the average of their best 3 years of salary for every year of service. You also have to use the rule of 80, so years of service plus age equals 80. In my case, I can retire at 50 with 30 years service so I get about 70% of the average of my best 3 years of salary. I can damn well assure you that I don't make $714,000 a year. How the hell can they let it get that out of control?
 
they figured out they could get rich. spread the wealth means spread it to the fortunate few then blame the rich and play hard ball by firing teachers and police while the suits are taken care of.
 
Think about this.
The Occupy group is supported by and includes union members. The top 1% of Americans is the enemy and is thus evil. The IRS statistics say that if make $380,354 or more, you are in the top 1% income level. . . These top Union guys just became OWS Public Enemy #1!!
shocked.gif
 
Hmmm....as part of my job (in Illinois) I was forced to join a union, but we have a vote upcoming on who (if any) will rep us. I'm thinking I'll basically be voting between union greed or corporate greed.
 
Maybe there is a place for labor unions today. Corporate profits and retained earnings are at record highs, but worker income is dropping while productivity increases. Corporations are afraid to invest more because there is no demand and as long as wages are kept low and corporations meet their productivity needs by getting more from the people on board, there aren't more jobs either.

Henry Ford was considered a traitor to his class when he paid his assembly line workers so well they could afford to buy the cars they were making. Who's willing to betray the capitalists now?
 
The problem in a nutshell is this: Inequality in this country has hit a level that has been seen only once in the nation's history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high.

In other words, in the never-ending tug-of-war between "labor" and "capital," there has rarely—if ever—been a time when "capital" was so clearly winning.
 
Revenues are down but Margin is up at my company. Hiring has been frozen and Health Care costs are going up again. There are a number of us doing two to three people's jobs a few years ago. It is a matter of survival. My pay has a large commission piece to it, I have to produce or I don't make any money. I wish more jobs had some quantifiable measurement.
 
Major -- A lot of us are finding we're not exactly living in a workers' paradise -- at least not ones like our fathers and grandfathers enjoyed.

Does this disturb anyone besides me? The Link
 
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