-By Bret Jacobson

For longer than we care to remember, we have been highlighting the link between the misnamed Employee Free Choice Act and failing union pension funds. In effect, EFCA is one method of bailing out the retirement funds by forcing new payers into unions without giving them the right to a secret ballot vote. As this morning’s Wall Street Journal editorial page argues, Big Labor and its allies are turning to a new bailout through a bill by Sen. Bob Casey in part because:

Union chiefs prefer the power that comes with managing huge pension investments—even if they’re failing. They are now counting on Mr. Casey to preserve their power by making taxpayers pick up the tab for years of pension mismanagement. With the union priority of “card check” stalled, word is that the Casey bailout is Big Labor’s consolation prize. Taxpayers should let Congress know they don’t want to pay.

It’s not always joyful to be right. In this case, it’s just plain sad.

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