Succor Or Sucker?

In looking at what the auto bailouts will mean for unions I came across an interesting comment on the current danger in investing in unionized companies.

Well, sure. Fewer companies mean fewer companies needing government services. While we are at it, we could also kick some states out of the Union, and maybe revoke a bunch of people's citizenship. Those all cause "legacy obligations" in one form or another. Or we could, you know, structure our government to provide governance, as was originally intended, rather than succor.
Translation: if you invest in a unionized company you are a sucker.

And of course you can read the article and all the comments for more details.

H/T Instapundit who thinks it is just another example of the Chicago Way.

Cross Posted at Power and Control

posted by Simon on 05.27.09 at 04:36 PM





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