Wednesday, September 2, 2009

The Labor Unions: A Very Special Interest!

Contrary to the precepts of all previous bankruptcy proceedings in the history of the United States, the United Auto Workers were given preference over both creditors and stockholders and wound up with an ownership interest in the New General Motors Corporation and a controlling interest in the new Chrysler (Click to See Full Story:" How the UAW's new ownership stake in GM and Chrysler will defang the union").

When California was trying to come to terms with it's budget problems, the option of cutting worker hours and pay may have been stifled by the influence that the SEIU (Service Employees International Union) had with this White House (Click to See Full Story: "SEIU May Have Pressured White House into Withholding Stimulus Funds for California")

When, hammering out ways to pay for the impending health care reform bill, union health care benefits would not be taxed while everybody else's would be (Click to See Full Story: "Union workers would be exempt from Dem health care tax").

Now, it appears that the AFL-CIO is pushing tax legislation through this all-too-friendly Congress (Click to See Full Story: "AFL-CIO, Dems push new Wall Street tax").

Lastly....Obama's words:

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