Republican Rescue

I did borrow the book intending to read it through but when I got to page 2:

I don’t want a repeat of the aftermath of Herbert Hoover. Let’s be clear: Political parties have one purpose and one purpose only, and that’s to produce victories.

Moved right to skim mode and these are the only notable quotes that popped out.

They were paying the union leaders seven-figure salaries. /Those dues also didn’t contribute anything to teacher pensions, teacher salaries, or teacher health-care costs, and the rest of the money was used to reward their friends and attack their enemies with aggressive TV commercials, billboards, and digital advertising. (page 230)

I thought the teachers’ union was bad when they were fighting for disproportionate pensions and out-of-line free health benefits at the expense of New Jersey taxpayers. Boy, those were the good ol’ days! (page 233)

3 responses to this post.

  1. Posted by Stephen Douglas on December 8, 2021 at 12:40 pm

    Off topic.

    Pension news, particularly public pensions, seems to be disappearing of late. Facebook groups, blogs, newsletters, and media coverage have slowed or disappeared almost entirely.

    Are these pensions in better shape now because of ten years of reforms/reductions? Are they more secure because of record breaking, if temporary, returns on investment?
    Are they shifted to the back burner by Covid news?

    Are we just waiting for the other shoe to drop, for both public and MEP pensions?
    I haven’t checked MPC, websites lately, but don’t recall much pension news there, either.


  2. Posted by Stephen Douglas on December 8, 2021 at 3:30 pm


    Thank you. I’m not holding my breath.


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