To the Editor:
As promised, a combination of public-sector unions have sued the state of Illinois for modifying the existing pension plans.
I don’t blame them one bit. Obligations weren’t met through any fault of the pensioners.
That being said, I love how the unions are framing their lawsuit. It would make one think that a third entity exists – the state of Illinois as a third party with a pot of gold. I trust this isn’t a revelation to anyone; the taxpayers are the pot of gold.
This is how we get our ounce of flesh: Insist the unions name those responsible, and add them to their lawsuit. Every legislator that sat on a committee that shirked their fiduciary responsibility and moved pension funding to pet projects should be named. Every legislator that voted “yes” to postponing pension funding, name them in the lawsuit. Every governor that allowed the misappropriations, name them. I’ve got to stop, I’m out of breath.
For those that agree with me, I’m sorry, I’m going to burst the bubble. In the state of Illinois, the public-sector union bosses and politicians are frat brothers, joined at the hip by campaign contributions. It ain’t gonna happen.