Read closely, folks. Bank “reform” means labor-union control:
[T]ucked into the 1,250 pages of new rules proposed by Sen. Chris Dodd, D-Conn., is a provision that gives new powers to board members. And that could mean big payoffs for the unions down the road.
The great power of the pubic employee unions is their pension funds — hundreds of billions of dollars provided by taxpayers to pay for retirement benefits. The investment of these funds is directed by political appointees who are motivated to keep the unions happy.
It’s in today’s Washington Examiner. (via News Alert)
Blithe Spirit 