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How to encourage trust in banks
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Forum:
Finances
Category:
Articles
Miscellaneous
Thread ID:
01339876
Message ID:
01340701
Views:
8
>>>Not necessarily... your 401k is something you choose once, and may check upon from time to time, but even that's a package. So you own several close-to-nothings in a few dozen places, and your authority to make a decision (as an investor) is limited to choosing the package. So saying that Joe Q is somehow sharing responsibility for the mass mess that market has got into is just like accusing the Floridians for the Iraq war.
>>
>>My state's boy Mitch "Money is free speech" McConnell says unions shouldn't support candidates monetarily because it presumes speaking on behalf of all the Joe Q union members. But then (could you have guessed this) it's fine for corporate mgmt to support candidates with corp monies because if it doesn't represent Joe Q(ubicle), he's free to go find another job. We call it 'demockracy'. Let's all vote now!
>
>Apples and onions. Employees do not pay dues to management to represent them. If you'd have used the analogy with shareholders you would've been closer. It's still different in that shareholders own a piece of a company while union members own nothing, but closer nonetheless.
>
>Now if your equating unions to corporations then I guess the taxes should apply equally as well.
>
>Of course unions will hardly be the supposed bastion of democracy soon if their lobbyists get their way and remove the secret ballot. All in the name of democracy of course.

I don't know that unions were ever intended to be bastions of democracy. They arose as a reaction to vicious exploitation by ownership. It's important to keep that in mind, even when unions are their own worst enemies with excesses of their own.
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