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Fiscal Cliff: Michigan Union Experiencing Same Pension Headache it Forces on Schools

IddiKlu Wrote: Dec 03, 2012 11:00 AM
Looks like the pigeons are coming home to roost. The unions are holding us all hostage by forcing government to grant outrageous pensions, that are simply not affordable. They have pretty much driven the automakers out of business, and those still running are non competitive on the global market. THEY have driven so many companies overseas, that we simply don't have enough jobs here to feed American workers. And they forced laws on the books, that practically make them able to function outside the law with outright hooliganism.

When it rains it pours for the Michigan Education Association.

It was recently defeated on Election Day when it attempted to pass a ballot proposal that would have enshrined collective bargaining in the state constitution. Now it’s in full panic mode about a rumored Right to Work bill that may be introduced in the state legislature.

So as the union’s power is waning, it appears the cupboard may be going bare, too.

The MEA has been foundering under staggering liabilities for the last few years, and it may have just gone over the cliff.

Despite only a minor drop...