Union Bosses’ Water Carriers: Is Obama Administration Dodging Overdue Pension Reports?
For several years now, even though problems were well documented before, union bosses have been hiding behind the current financial meltdown as a main cause for their massive pension under-funding problem. Now, it appears that the Obama Administration is helping to hide just how bad the problem is. Despite a 2010 failed attempt at getting a tax-payer bailout for union pensions, the fact is, many union pension plans | Read More »
RICO Suit Against Powerful & Politically-Connected Chicago Teamster Bosses Moves Forward
In the seedy world of the Chicago unions and the political pawns they control, there is a family dynasty whose name is at the top of heap in terms of power and political muscle. That is the Coli family. Without the blessings of the Coli family and the union they control, Teamsters Local 727 and Joint Council 25 (the governing body of 20 Teamster locals | Read More »
Armageddon Averted: Democrats & Unions Get Temporary Reprieve from Reality
Union bosses and their Democrat cronies are breathing a collective sigh of relief. On Wednesday, the Financial Accounting Standards Board (FASB) gave them something to be thankful for this Thanksgiving and they must be positively giddy. As opposed to reality biting on December 15th, as was originally scheduled, FASB just threw a temporary lifeline to companies with union multi-employer pension fund liabilities. Last month, we told | Read More »