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I not only trust wall street more than the gov but despite its flaws I trust my wifes union to manage our benefits better than the government. (I bet teachers on average actually receive better retirement packages than poeople on SS) (notice that I said I trust them to deliver my wifes benefits more than gov. I did not say I trust them in a whole lot of other areas)Why do I trust wall street and unions more? With wall street the answer is clear, I can diversify my portfolio and avoid any company I do not trust conversely choosing only companies I do trust. Unions are problematic in that I have less choice of the union to which we belong. Sure we could change states but that is pretty harsh. We could change jobs but that too is harsh. But it would be pretty simple to make participation in unions voluntary and then I would far far less problems with unions.
I not only trust wall street more than the gov but despite its flaws I trust my wifes union to manage our benefits better than the government. (I bet teachers on average actually receive better retirement packages than poeople on SS) (notice that I said I trust them to deliver my wifes benefits more than gov. I did not say I trust them in a whole lot of other areas)
Why do I trust wall street and unions more? With wall street the answer is clear, I can diversify my portfolio and avoid any company I do not trust conversely choosing only companies I do trust. Unions are problematic in that I have less choice of the union to which we belong. Sure we could change states but that is pretty harsh. We could change jobs but that too is harsh. But it would be pretty simple to make participation in unions voluntary and then I would far far less problems with unions.
