Union is so desperate to replace the pension money

The Union’s Bleeding Pensions

By Warner Todd Huston
Wednesday, August 12, 2009

We’ve mentioned it here and there in the past, but one of the under reported stories about unions today is that few of them have fully funded pension plans and worse, many are in dire trouble. The Wall Street Journal reminds us all of the mess that union pensions are in with a July 27 piece headlined, “Union Pensions in the Red .â€