Senate Helps Clear the Way for VEBA Looting
The Wall Street Journal reports that the U.S. Senate voted yesterday to cut $2m from the Office of Labor Management Standards' (OLMS) budget. That's the federal agency in charge of collecting and checking LM-2 forms, which force unions to disclose their income and expenditures. Amongst the revelations contained therein: the Food and Commercial Workers Local Union 1 spent $26k on golf, another (unnamed) union forked-out $3m on hotel bills and Don Hunsucker, President of Local 1288 of The United Food and Commercial Workers Union, pocketed a $679,949 annual paycheck. The OLMS also flags corruption; with their help, the Labor Department announced 13 indictments and seven convictions last month (raising their yearly total to 97 indictments and 115 convictions). With over $30b heading for a United Auto Workers-controlled VEBA health care superfund– that's GM alone– you'd think that our representatives would want to beef-up enforcement, rather than pull the rug from under the watchdog's feet. The Senate's 47 to 46 vote to trim the OLMS' budget was almost entirely along party lines; 45 Democrats voted to cut the funding. Make of that what you will.
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