Pjamas Media » Even FDR Understood: No Collective Bargaining for Public Servants
"These are the reasons why even an ultimate liberal like Franklin Delano Roosevelt agreed with me that there should be no collective bargaining for public servants.
As quoted by Michael Walsh in yesterday’s New York Post, Roosevelt said:
All government employees should realize that the process of collective bargaining, as usually understood, cannot be transplanted into public service.
It has its distinct and insurmountable limitations when applied to public-personnel management.
The very nature and purposes of government make it impossible for administrative officials to represent fully or to bind the employer in mutual discussions with government employee organizations.
The employer is the whole people."
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"Fannie and Freddie play a central role in our housing finance system and must continue to do so in their current form as shareholder-owned companies. Their role in the housing market is particularly important as we work through the current housing correction. The GSEs now touch 70 percent of new mortgages and represent the only functioning secondary mortgage market. The GSEs are central to the availability of housing finance, which will determine the pace at which we emerge from this housing correction. ...
OFHEO has reaffirmed that both GSEs remain adequately capitalized. At the same time, recent developments convinced policymakers and the GSEs that steps are needed to respond to market concerns and increase confidence by providing assurances of access to liquidity and capital on a temporary basis if necessary."
home buyers
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