PBS and other nonprofits given research grants by a billionaire concerned with the pension problem have “rented their credibility to a right-wing ideologue bent on gutting public pensions,” says Jordan Marks, executive director of the Washington-based National Public Pension Coalition — which, talk about credibility, is funded by seven large unions.
Not only is this union advocacy group speaking out against the billionaire, John Arnold and his foundation, the Laura and John Arnold Foundation, the unions are pressuring PSB and other nonprofits to reject his research money.
Right. Because research is showing pensions in America are underfunded by $1 trillion dollars. Arnold is trying to help find a solution to keep American government from being swallowed whole by unfunded liability. Even scholarly research is characterized by the unions as an attack on Ma and Pa Middle Class.
The unions have gone from taking unsustainable compensation to attacking people who speak the truth — nothing new around here, but dismaying to see on the national level.
The Wall Street Journal Story here.