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corner.nationalreview.com - 6/10/2009

Is a Union Bailout Next?

— corner.nationalreview.com — Good informative piece in the Wall Street Journal this morning about the unions' financial troubles: "We spent... a fortune to elect Barack Obama," declared Andy Stern last month, and the president of the Service Employees International Union wasn't ... (more) Is a Union Bailout Next?

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hotair.com - 6/10/2009

Big Labor insolvent?

— hotair.com — Read this post » (more) Big Labor insolvent?

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huffingtonpost.com - 6/17/2009

Richard Trumka: Momentum Grows For New AFL-CIO President Despite No Formal Campaign

— huffingtonpost.com — Despite not having formally declared his candidacy for the powerful post of president of the AFL-CIO, Richard... Trumka's campaign seems to be gaining steam. Over the past week, four separate affiliates of the AFL-CIO have endorsed Trumka, who is ... (more) Richard Trumka: Momentum Grows For New AFL-CIO President ...

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Big Labor insolvent?
Hot Air » Top Picks — ... No wonder the unions have fought so hard to get Card Check passed.  The Wall Street Journal reports that the SEIU and the AFL-CIO have all but gone bankrupt after throwing away tens of millions in the last election.  The massive unemployment in union-sector jobs may sound their death knell:‘We spent a fortune to elect Barack Obama,” declared Andy Stern last month, and the president of the Service Employees International Union wasn’t exaggerating. The SEIU and AFL-CIO have been spending so much on politics that they’re going deeply into debt. That news comes courtesy of ...

Unions Going Broke
Say Anything — ... What’s worse they spent getting Obama elected which is resulting in bankruptcy for the country. ...

Is a Union Bailout Next?
The Corner on National Review Online — ... he is circulating a report claiming the AFL-CIO engaged in "creative accounting" to conceal financial difficulties heading into last year's Presidential election. As recently as 2000, the union consortium of 8.5 million members had a $45 million surplus. By June of last year it had $90.6 million in liabilities, or $2.3 million more than its $88.3 million in assets. "If we are not careful, insolvency may be right around the corner," Mr. Buffenbarger warned. For more debt numbers, go here . ...

"I don’t know anything about cars"
small dead animals — ... Related (yes, it very much is)... 'We spent a fortune to elect Barack Obama," declared Andy Stern last month, and the president of the Service Employees International Union wasn't exaggerating. The SEIU and AFL-CIO have been spending so much on politics that they're going deeply into debt. That news comes courtesy of federal disclosure forms that unions file each year with the Department of Labor. The Bush Administration toughened the enforcement of those disclosure rules, but under pressure from unions the Obama Labor shop is slashing funding for such enforcement. Without ...

Unions in Big Debt?
The New Editor — Big Labor is trying to keep its rather substantial financial problems quiet. Why might that be? What are Rocco and No-Neck hiding from the membership?

Unions, Lenin, and the American Way (Part III)
Pajamas Media — ... and gave $1.98 million to Democratic candidates, plus $4.87 million in independent expenditures to Obama’s campaign. The money came from the mandatory dues of the workers who often wouldn’t have donated or voted for these people. In return, the Obama labor shop is cutting back on the enforcement of federal disclosure rules, without which the workers won’t be able to see where their money is going. The union bosses have a very good reason to hide their activities: the AFL-CIO has been spending so much on politics that they’re going ...