United Auto Workers Union Worth $1.5 Billion in 2007

Discussion in 'Politics' started by carpro, Jan 5, 2009.

  1. carpro

    carpro
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    http://www.cnsnews.com/public/content/article.aspx?RsrcID=41355

    United Auto Workers Union Worth $1.5 Billion in 2007
    Wednesday, December 31, 2008
    By Matt Cover


    (CNSNews.com) – The United Autoworkers Union (UAW) had a total net worth of $1.5 billion for fiscal year 2007, according to financial disclosure forms on file with the U.S. Department of Labor.

    The vast majority of the that net worth--$1.2 billion--was reported by the national UAW headquartered in Detroit. The remaining $300 belongs to over 200 local UAW chapters spread across the country, several of which are worth upwards of $1 million.

    Among the national UAW's assets are a $27 million woodland resort and a $6 million eco-friendly golf course.
     
  2. LeBuick

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    Is all this from membership dues?
     
  3. carpro

    carpro
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    Reading the source article would be a novel idea for you, I suppose.
     
  4. LeBuick

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    I did but I didn't see it... Just this. :laugh: :wavey:

    All of the UAW's money comes from members’ dues, according to Labor Department sources--whether directly through yearly payments or indirectly from returns on the investment of union dues invested in previous years.
     
  5. Dragoon68

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    It's a "sin" in Congress to touch union money unless, of course, it's coming in under the table or something like that. It's better - for them that is - to get the taxpayers to fund anything that needs fixing. It stinks - all of it stinks bad!
     
  6. carpro

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    And in their hypocrisy, they act appalled that auto executives fly in corporate planes, while they steal money from the rank and file.
     
  7. billwald

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    Union members should not be permitted to contribute to their organization but church members should????
     
  8. LeBuick

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    Plus, the article said they were worth that much in 2007. I wonder what they are worth today?
     
  9. carpro

    carpro
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    They shouldn't be forced, but they are.

    Their fat cat leaders seem to live pretty well of what they steal from the workers.

    Nice golf course, by the way.;)
     
  10. Dragoon68

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    Yes, they should be able to give all they "freely" want and legally can just like management should be able to make all they "freely" and legally can. If corporate jets are a problem for management then golf courses are a problem for union leaders and boon-doggle trips by Congress as well.
     

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