370 days ago.
Some right-of-center politicos have expressed the view that state experiencing financial difficulties should be "allowed" to declare bankruptcy. Is this a good idea, or just a ploy to destroy state workers' unions?
The idea behind this notion - touted by politically-ambitious uber-righties like Paul Ryan (R-Wis.), Michelle Bachman (R-Minn.) and -perhaps Ohio's new Governor, John Kasich -is that states declaring bankruptcy would no longer have to live up to prior collective bargaining agreements with public-workers' unions ... Some see this also as a way to eliminate state-sponsored entitlement programs such as Medicaid or Workers Compensation ... While budget-cuts might indeed be required to insure the state's fiscal solvency, is the "bankruptcy" notion just another RW ploy to secure even more goodies for corporate entities favored by the Republican establishment (of the type that caused the insolvency in the first place) while unfairly blaming and penalizing seniors, the disabled, unemployed persons whose jobs have been shipped abroad, and union-affiliated public employees?
No comments posted for this topic.