Posted on 07/19/2002 12:23:06 AM PDT by kattracks
Edited on 07/12/2004 3:55:47 PM PDT by Jim Robinson. [history]
House Republicans are trying to expand questions about corporate malfeasance to cover labor unions, traditionally Democratic allies, through a bill designed to make sure unions report to members how their dues are spent.
The bill, which passed the employee-employer relations subcommittee of the House Education and the Workforce Committee yesterday, would allow the Department of Labor to assess fines against unions who fail to report, or who report late. There are currently no sanctions in law for late- or non-filers. Of the 5,515 unions with annual revenue of $200,000
(Excerpt) Read more at washtimes.com ...
The Dims have a handy excuse for that: The Unions aren't investor owned. There'll be no mention of the fact that 50% or more of union dues are extracted from workers forced to join a union due to closed shop laws.
And therein lies the problem. The Unions say that all dues are voluntary, then they use the dues to lobby state and federal legislatures to keep the closed shop laws intact so they can steal even more of the captive workers wages and pay themselves higher salaries.
Just a note to union members on this forum, has pay of the National and International union leaders ever come up for a vote by the rank and file?
.
.
.
.
Looking for a LM-2, LM-3, or LM-4 Annual Financial Report from the Department of Labor? Visit http://www.dol-union-reports.gov.
National Legal and Policy Center
Organized Labor Accountability Project
UNION CORRUPTION UPDATE (execerpt)
July 22, 2002 -- Vol. 5, Issue 15
http://www.nlpc.org
For Influential Leaders & Important Decision Makers: Information on America's most corrupt & aggressive unions
LABOR LAW REFORM
Sen. McConnell Cites NLPC in Demanding Corporate and Union Accountability Pointing, on the floor of the U.S. Senate, to a stack of union corruption reports compiled by NLPC, Sen. Mitch McConnell (R-Ky) argued on July 10 that legislation on corporate accountability should also include unions.
McConnell spoke in support of his amendment to the Public Company Accounting Reform and Investor Protection Act, which would require unions with an annual income over $200,000 to use the same strict standards for their annual financial reports filed with the U.S. Dept. of Labor (DOL) as public corporations, and that they submit their reports to audits by a certified public accountants.
Pointing to the *stack* of NLPCʼs union corruption reports just for 2002, McConnell recounted 17 of those crimes, then revealed that the DOLʼs Office of Labor-Management Standards reported an average of 12 indictments and 11 convictions of union fraud per month over the last four years. *We have a choice,* McConnell concluded: *We can extend to American workers the same financial protection afforded corporate shareholders [since 1933], or we can extend to unions the ability to continue to pilfer and profit off the workersʼ money. That is the choice.*
The Senate voted, 55-43, to table McConnellʼs amendment without voting on it.. The complete text of Sen. McConnell's speech can be read on NLPCʼs web site at http://www.nlpc.org/olap/020710mc.htm
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.