Perhaps you have seen the story about the United Auto Workers-owned golf course in northern Michigan and the controversy about the value of its property and tax history. Well, local blogger Chetly Zarko has dug even deeper to try to figure out why the facility's reported Pension Fund expenses are so high:The only explanation in my mind for this kind of pension fund investment is that the pension contributions are for SOMEONE ELSE other than the workers at the hotel. Just who might be receiving the long-term benefit of those contributions? It's not big enough to pay the pension debt of any serious number of rank-and-file union members - but it is big enough to sauce up a few individual's or union leadership. Or perhaps the UAW is using … [Read more...]
AFL-CIO Tells IRS with a Straight Face It Spends No Money on Politics
Do you ever wonder why there's such skepticism about Big Labor's support of legislation that attacks workers' ballot privacy, not to mention Big Labor's opposition to legislation that gives workers more freedom over their earnings? Underreported news like this from the Alliance for Worker Freedom (AWF) would give a satisfactory answer. Here's the letter from AWF to the Internal Revenue Service:On behalf of the Alliance for Worker Freedom (AWF), and rank-and-file working Americans, I urge you to investigate the apparent incongruence contained within the 2005-2006 tax filings by the AFL-CIO. According to their annual LM-2 financial disclosure form filed with the Department of Labor, the AFL-CIO spent $41,620,583 on political activities … [Read more...]
Closing the Loop on Labor Union Disclosure of Member Dues Money
Union members in Colorado and across the nation stand to gain from newly proposed federal rules that would provide a clearer picture of how union leaders are spending their hard-earned dues money. If you're a glutton for punishment, there's the official 103-page document with the new rules. For the rest of us, compliments of the Public Service Research Foundation, there is a layman's version of the new pro-worker rules:They require that unions specify the costs of benefits being provided to officers and employees. Under the present system the cost of benefits is only reported as one big lump sum. The new regulations will allow union members to see how much they are paying in benefits for each officer and employee. This will … [Read more...]