President Obama announced last week his appointees to an allegedly bi-partisan fiscal commission that includes SEIU head and Democrat Party activist Andy Stern, which would more or less prove that this thing is a sham before it even convenes.
Let's stop and think about this for a moment. This paragon of wise spending and fiscal responsibility in the labor movement decided to invest nearly $900,000 in media ads alone for Martha Coakley's senate race. This was while other SEIU Locals in Massachusetts had endorsed Scott Brown, Coakley's opponent.
If you want to see the end result of Big Labor influencing fiscal policy decisions- especially public sector unions, look no further than California. Pension costs for public employees in the Golden State have soared over 2000% while state revenues have increased by 24% in comparison. JP Morgan Chase Chairman Jamie Dimon recently cautioned investors that California is at greater risk of defaulting on their debt obligations than the financially beleaguered EU nation of Greece is.
But even with that in mind, Obama decided to appoint the head of one of the largest public sector unions to his blue ribbon debt reduction panel. The only way this panel could be taken seriously is if they recommend the exact opposite of what Stern recommends.