Big Labor Big Transparency Problems

[nateriver]

Big Labor

Labor Sec. Solis want to do away with the annual LM-2 report. The LM-2 report allows Union members to see how union dues are being spent. Also at risk for getting the axe is LM-30 report that would allow paychecks into union coffers instead of employee accounts.

While Secretary Solis is demolishing workers protection, President Obama is entertaining Union Leader's wants for a second stimulus.
(click on links in article

 

[editec]

Sounds ominous.

 

[SPR]

There's no doubt that this administration wants to gut the many reforms done under the Bush administration. There is actually a public forum today (right now) about this. They're looking to dismantle just about every pro-disclosure thing the Labor Department's Office of Labor-Management Standards was able to accomplish (and they even cut its tiny budget while growing every other part of government).

Just as an aside, the LM-30 doesn't have any impact on the union's coffers. It's a conflict-of-interest report where union leaders have to report if they engage in certain transactions that could be a conflict (e.g., they hire their wife as a 'consultant' and pay her tons of money).