Hedged fund managers make a lot of money because union pension funds invest with them.

[dkf]

If workers really hate these guys they should protest to their unions that hedged funds not be used. Maybe that will compromise returns or expose or pensions to more risk, but if they really Hate that these guys make so much it is in their hands to stop it.

Irony is the teachers may be profiting alongside these guys.

[FreakinDJ]

1. I'm a union member and I pulled my funds

because you are right

[devils chaplain]

2. n/m nt

[RandomThoughts]

3. That is a point that can be made.

However they also pay for systems to uneducated people to get them to do that investment, or support people that do.

So it could be said the fault is the bad education, not a requirement of good education.

Although it could set up a conflict between what is truth, and different types of public educations.



Here is the thing, I sit here and type not even worrying about effect, since it is about what is just and compassionate, and that is not effect based, however the effect will occur in a better more just society.

So they wont correct the beer and travel money issue, because they want me to accept a world unjust, so it can be. And they wont accept the possibility of a just and compassionate world, because they don't know they can be forgiven, or find mercy if they learn.

It all makes sense.

If I don't accept unacceptable levels of corruption and lack of justice, eventually it will not be the system. Although there are many paths to get there, I am only responsible for my choices, since I choose not to control people.


Save someones life you are responsible for it, sort of like the doctrine that if you have someone as a mentor in some systems, that mentor is responsible for your actions. It is the same thing if you choose to control someone, by stealing there free will, you take on all the responsibility of what they will do, although most only see the material reward that can create, without thoughts on justice that will occur also.

[Hello_Kitty]

4. Hedge fund managers' income should be taxed at normal income rates just like everyone else's.

[dkf]

7. But even that income is outrageous.

It's usually a share of the profit instead of a percent of assets or a flat fee.

[rucky]

5. GM managed the GM pension fund.

GE manages the GE pension fund.

Pension benefits may have been negotiated into the contract, but there are two examples where the union didn't manage the day-to-day investments.

Same goes for teachers unions. The state manages the funds - not the unions.

[dkf]

6. Unions usually are represented on the board of trustees.

What is my union’s role in protecting my benefits?
Employers and unions usually bargain to determine contribution levels. The trustees of the plans then determine what benefits the contributions will buy. The trustees are responsible for maintaining a well-funded plan. A union’s biggest roles are usually in the initial negotiating process and through its consolidated power on the board of trustees.

http://www.knowyourpension.org/pensions/pensionfunding/pension_facts.aspx