The Blog Has Moved!

Everyone, the blog has moved. I bought a new domain and switched to WordPress at the same time. So please head over to The Pretense of Knowledge and update your bookmarks. Thanks!

Friday, March 20, 2009

Union Bullies, Contracts, and AIG

First, think about the fact with this new AIG 90% bonus tax outrage, Congress is attempting to break legal contracts freely entered into by both parties. This fails all three tests: it's unconstitutional, immoral, and poor economic policy. [Mass Hysteria Over AIG Obscures Simple Truths] [Surviving A Lynch Mob - AIG Internal Staff Memo]

Then take a look at the latest chapter in the horrendously named 'Employee Free-Choice Act' saga. Using the power of the state, specifically U.S. labor law, the government can force a binding contract on two parties when one of the parties does not even want it.

Anyone else see the incongruity and problems here?

Unionize or Die - WSJ.com: "The Employee Free Choice Act, a bill that would allow unions to organize worksites without secret-ballot elections, was introduced in Congress last week. And this week, we saw how far Big Labor will go to pass it. On Tuesday the Service Employees International Union posted a YouTube video about the horrific death of a Tulsa, Oklahoma, man who fell into an industrial-sized clothes dryer while clearing a jam of wet laundry. The accident occurred at a plant operated by Cintas Corp., a large uniform supplier. The implication is that the accident never would have occurred if the worksite had been unionized, and that opponents of the union bill have blood on their hands."

Related links:
Who is the next AIG? - Eamon Javers - POLITICO.com
Mass Hysteria Over AIG Obscures Simple Truths: Michael Lewis
Leaks: Surviving A Lynch Mob - AIG Internal Staff Memo
Charles Krauthammer : Bonfire of the Trivialities

0 comments:

Support The Amateur Econ. Blog