Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

President Obama’s Badger State

February 18, 2011 By E.J. Smith - Your Survival Guy

Isn’t it amazing how quickly civility is thrown out the window when the tables are turned? It has been 72 years since the GOP controlled the legislature and the Governor’s office in Wisconsin so it shouldn’t be a surprise to anybody, including President Obama, that Governor Scott Walker is making good on his campaign promise to fight collective bargaining by public unions. He’s simply following his mandate. The voters have spoken and the time for change has come. This isn’t the change Obama was hoping for when he was elected and when he created the website Organizing for America that is helping the pro-union protests.

Are the people of Wisconsin being treated with civility when President Obama says the following to a Milwaukee TV station? “Some of what I’ve heard coming out of Wisconsin, where you’re just making it harder for public employees to collectively bargain, generally seems like more of an assault on unions” No, Mr. President, this is a fight for freedom. The 14-point victory you had in 2008 in the Badger state is no longer there.

The President also referred to this being about police and firemen. It has nothing to do with them. It is about limiting collective bargaining rights for most workers except them. Wouldn’t you think he’d get the facts right before fanning the flames of discontent? Walker is proposing government workers contribute 5.8% of their pay to pensions and at least 12.6% of healthcare premiums. Both figures are below the private sector average contributions. Governor Walker’s proposal should not be a surprise to anyone; including the Democrat members of the legislature that have been M.I.A.

What about the jobs saved? Isn’t President Obama all about jobs saved? The Governor is trying to save or not layoff 5,500 state jobs and 5,000 local jobs. The private sector has lost jobs and those still employed are keeping this house of cards afloat with $137 million deficit in the current budget and a projected $3.6 billion in the next two years.

The people have spoken and it’s up to politicians to act on the mandate demanded of them just like the vote that should be going down in Wisconsin. The cozy relationship between union leadership and politicians has to stop. Voters have had it. Opensecrets.org, which follows campaign money, reported the following: “In the 2008 cycle, unions gave 92 percent of a total $74.5 million to Democrats and spent another $80 million on independent broadcast advertising, mail and internal advocacy to help elect Democrats or defeat Republicans.”

In addition to Wisconsin, over a dozen other states around the country are standing up to union leadership. Here in New England, specifically in New Hampshire we could be the 23rd state to become a right-to-work (RTW) state. The last state to become RTW was Idaho back in 1986. This week the NH House passed a RTW law by a vote of 221-131 and isn’t far from the super majority needed to override a veto promise by Governor John Lynch. (Read my recent report on the muni crisis and how Right to Work laws can protect states and towns: A Threat to the Muni Union)

Thanks to JFK and Governor Jerry Brown for the collective bargaining mess we’re in around the country. JFK gave federal workers the power in 1962 and Brown did the same for state workers in 1978. Now it’s up to the people to demand that their politicians put an end to this government overreach.

Related Posts

  • President Obama’s Five Year Plan
  • The Truth behind Obama’s SOTU
  • My Takeaway from President Trump’s State of the Union Address
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • If You’re a Highly Effective Person, We Should Talk - March 24, 2023
  • Is Vanguard Voting Against Your Political Beliefs? - March 23, 2023
  • “I Need Preservation of Principal and Growth” - March 22, 2023

Dick Young’s Must Reads

  • How Can You Maximize Natural Immunity to Viruses?
  • Americans Fleeing High Tax States for Growth Corridors
  • Why Black Lives Matter Needs to Be Shut Down
  • TOP HEAVY: Focus on Big Indexing Could Cause Market Chaos
  • Joel Salatin and Alfie Oakes, America’s Food Kings
  • CONSTITUTIONAL CARRY: Alabama Becomes 22nd Permitless Carry State
  • You May Be Surprised by America’s “Least Woke City”
  • Hillsdale College: What College Is Meant to Be
  • Are You Prepared to Run Out of Water?
  • The Problem in America

Our Most Popular Posts

  • Pushing Back at ESG
  • Your Survival Guy’s BEST Insider’s Guide to Key West
  • Are You Fairly Wealthy? I’m Listening
  • Who'd be Nuts Enough to Have Put Money into SVB?
  • Cheap Reliable Heating – a Life Saver
  • Biden Has Lost Control of the Northern Border Too
  • Get Well Soon Taki
  • For Whom Is Your Portfolio Serving?
  • Border Patrol Chief Admits U.S. Border Is Out of Control
  • SPIES ON CAMPUS: The Chinese Have Invaded the Quad

Disclosure

RSS Youngresearch.com

  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank
  • Is Vanguard Voting Against Your Political Beliefs?
  • Are 0DTE Options a Threat to Markets?
  • “I Need Preservation of Principal and Growth”
  • Are You Fairly Wealthy? I’m Listening
  • Treasury Studying How to Increase Deposit Insurance
  • Your Survival Guy’s BEST Insider’s Guide to Key West
  • For Whom Is Your Portfolio Serving?
  • Who’s to Blame for Banking Vulnerability?

RSS Yoursurvivalguy.com

  • If You’re a Highly Effective Person, We Should Talk
  • What’s Happening to Charles Schwab?
  • Prepare for the Predictable
  • Is Vanguard Voting Against Your Political Beliefs?
  • Call It the Difference between Normal and Crazy
  • “I Need Preservation of Principal and Growth”
  • DEMOCRATIC SENATOR: Biden’s ESG Veto “Absolutely Infuriating”
  • Are You Fairly Wealthy? I’m Listening
  • How Long Is Your Water Supply Chain?
  • Your Survival Guy’s BEST Insider’s Guide to Key West

Biden’s Fake Democracy Summit: Hungary and Turkey Snubbed

Freefalling at Stanford

If You’re a Highly Effective Person, We Should Talk

DONBAS: Russian Tanks Face Gauntlet of Death from Javelin Wielding Ukrainians

Do You Know How to Slow Your Brain’s Aging?

We’ll Burn the Place Down!

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives