Many who read this will be public servants actively working or retirees....
........and these are the people who need to know what
ALEC has done and is doing re. their public pensions....and it isn't for your
benefit!
John
"These pieces of legislation are uniformly
disastrous for retirees and anyone who hopes to retire one day. They include
initiatives to wipe out public pensions systems in favor of private 401(k)
plans, regardless of how well the public pension is doing. Policies like this
not only scapegoat and attack public services, public workers and collective
bargaining but expose workers to higher fees, which go straight into the pockets
of Wall Street bankers."
ALEC: The New-and-Improved Political
Corruption
March 21, 2014
The American Legislative Exchange Council (ALEC) has been described as a
"shadowy group" of companies and politicians working behind closed doors to
rewrite our laws, frequently to bolster corporate profits at any cost. Over the
last 41 years, ALEC has worked tirelessly to tear down many of the programs and
protections Americans, particularly seniors, have come to rely on, and only
recently have many of their objectives come to light.
ALEC doesn't just exist in the backrooms of Washington, D.C.; they're also
in the backyards of every community in every state, pursuing their agenda at the
state and local level. When these representatives and corporations sit down at
the table to craft "model" legislation, middle-class Americans don't win.
These pieces of legislation are uniformly disastrous for retirees and
anyone who hopes to retire one day. They include initiatives to wipe out public
pensions systems in favor of private 401(k) plans, regardless of how well the
public pension is doing. Policies like this not only scapegoat and attack public
services, public workers and collective bargaining but expose workers to higher
fees, which go straight into the pockets of Wall Street bankers.
ALEC hasn't been content to stop with public pensions either; they continue
to push for privatization of Medicare and Social Security, which would
effectively end these programs as we know them. This push to hand over our most
crucial earned benefits to the very same individuals who helped to engineer the
financial crisis of 2007 is unacceptable.
ALEC isn't invincible. The efforts of individuals across every state to
shine light on ALEC's actions have produced clear results. Dozens of lawmakers have withdrawn their ALEC membership
within the last few years. ALEC legislation has met with tough fights state by
state, and it's just beginning. Protecting corporations' bottom lines at
taxpayer expense has gone too far. It's time to expose ALEC.
posted by Kathie Bracy at 8:06 PM
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