To paraphrase a Democrat’s remark, never let a tragedy go to waste.
The union for Amtrak’s locomotive engineers urged the railroad on Tuesday to put a second crew member at the controls of trains on the busy Northeast Corridor, where a derailment killed eight people and injured more than 200 others.
Of course. Never mind that an existing technology, cheaper than adding an unneeded employee, should have been in place, and will be in place after this accident.
The featherbedding contained in this union urging is made manifest in the union’s own statement:
“I gotta pay our bills,” says Bill Clinton about his $500k per speech fees. That’s nice work, and I don’t begrudge him a penny of it or the easiness of his earning it.
But is it really just to pay some bills?
Hillary Clinton and former President Bill Clinton earned more than $25 million combined in speaking fees since January 2014, Fox News confirmed Friday.
Hillary, by the way, gets upwards of 200 large for her gigs.
Those are some bills.
The Export-Import Bank’s charter is up for renewal in our Congress this spring. The bank is alleged to help American companies by lending money to foreign buyers of and American company’s products so that buyer can afford the purchase, which in turns helps the US company, and its employees.
That’s a pretty good deal, right?
Maybe not so much. It’s American taxpayers who are on the hook—not just the one American company and its employees—if the foreign buyer defaults on the loan. But that’s not all. American companies trying to compete with that foreign buyer also are harmed, whether or not that foreign buyer defaults. See the graph below, from AEIdeas:
Rebecca Burgess, at AEIdeas, has some. The graph below summarizes the situation; RTWT, though.
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Here’s one example of how regulation drives inflation, in the milieu of corporate CEO compensation. Charles Murray, at AEIdeas, provides it.
On multiple occasions the SEC [Securities and Exchange Commission] amended its rules to increase the disclosure of compensation data and to force boards to explain their rationale for the amounts. That, combined with the influence of the arbiters of corporate governance, created an inviolable requirement for compensation committees to be advised by consultants. A perfect recipe for increasing compensation.
The union looking to organize workers at Boeing’s South Carolina plant has put its plans in a holding pattern, claiming workers are so opposed to signing up that they chased labor leaders off their porches at gunpoint.
Poor babies. That’s private property you’re trespassing on. Get off. Stay off until you have the owner’s permission. How is that so hard to understand? Even by a union hack.
More importantly, though: how did those union hacks get these workers’ home addresses? Who gave up that private information without the workers’ permission?
Democratic Party Presidential candidate Hillary Clinton has been making a big deal about what she claims is the outrageous pay of company CEOs compared to their employees. Here’s a graph, via AEIdeas‘ Carpe Diem and Mark Perry that indicates how well she’s walking that talk.
Or is this fact just another of campaign season distraction and attack from the Hillary Truth?
Ronald Bailey at Reason had this iteration of “more.” He brought this item up, even though it’s been described before:
In the absence of the higher minimum wage, employers would generally hire more workers to meet an increased demand for fast food. Boosting the minimum wage means that the revenues that would have otherwise been used to hire new workers is not available. The end result: fewer jobs created and more folks unemployed.
But then he cited some actual research:
…to decertify public “service” unions. And to terminate for cause the government’s “negotiators” for agreeing to such a thing.
Under the 1978 Civil Service Reform Act, “official time” was named, and it allows public service union members to use company time—that is, time they’re formally working for the government in a government job as a government employee—to do union administrative things. Doing union-specific work on the government’s clock also means they’re being paid by the government—by us taxpayers—to do union, and not government, work.