SEIU, Andy Stern, Obama & the $2.8B no-bid contract
Well-known wealth distributionist Andy Stern has distributed some of that wealth into his own pockets. Capitalizing on his forced-unionism position of prominence and his union’s political power gained through forced union dues, Stern join a corporate board of a bio-warfare company that gave him a sweetheart deal on stocks that will likely give him more money overnight that his lifetime of union-boss salaries combined.
Worse than Stern using his position of power gained through forced unionism to join the SIGA board, Stern used his forced-dues-financed political power and access to Obama to bring a $2.8 billion no-bid contract to SIGA that helped pump up the value of his newly acquired stock options at SIGA.
The House Oversight Committee (Chairman Darrell Issa) is currently looking into this backroom insider deal that smells like the kind of deals that Obama promised to end on his first full day in office.
Many were perplexed at his move from the avante garde of Marxist unionism to the neo-bourgeoisie of crony capitalism. However, it soon became apparent when SIGA’s CEO, Eric Rose, cooed upon Stern’s arrival:
Andy is a strong leader and a great addition to our Board of Directors. His insight, experience, and leadership, particularly his understanding of how our federal government works, will complement the skill sets of our existing board members.
Shortly after Stern joined SIGA’s board, his understanding of how the federal government works paid off for SIGA when the bio-warfare firm received a no-bid contract valued up to $2.8 billion. Of course, that was before the mid-term election, when Democrats still believed they were accountable to no one except union bosses