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United Auto Workers Union Worth $1.5 Billion in 2007

Discussion in 'Political Debate & Discussion' started by carpro, Jan 5, 2009.

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  1. carpro

    carpro Well-Known Member
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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.
     
    #1 carpro, Jan 5, 2009
  2. LeBuick

    LeBuick New Member

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    Is all this from membership dues?
     
    #2 LeBuick, Jan 5, 2009
  3. carpro

    carpro Well-Known Member
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    Reading the source article would be a novel idea for you, I suppose.
     
    #3 carpro, Jan 5, 2009
  4. LeBuick

    LeBuick New Member

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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.
     
    #4 LeBuick, Jan 5, 2009
  5. Dragoon68

    Dragoon68 Active Member

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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!
     
    #5 Dragoon68, Jan 5, 2009
  6. carpro

    carpro Well-Known Member
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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.
     
    #6 carpro, Jan 6, 2009
  7. billwald

    billwald New Member

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    Union members should not be permitted to contribute to their organization but church members should????
     
    #7 billwald, Jan 6, 2009
  8. LeBuick

    LeBuick New Member

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    Plus, the article said they were worth that much in 2007. I wonder what they are worth today?
     
    #8 LeBuick, Jan 6, 2009
  9. carpro

    carpro Well-Known Member
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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.;)
     
    #9 carpro, Jan 7, 2009
  10. Dragoon68

    Dragoon68 Active Member

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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.
     
    #10 Dragoon68, Jan 7, 2009
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