Big Labor Bosses Spent $1.8 Billion in 2020 Election, Demand End to Right to Work
source: National Institute for Labor Relations Research (NILRR.org) According to a new report by the National Institute…
A private venture company purchase of Chrysler automobile has set off a storm of anger from the Big Labor Bosses and their benefactors in Congress, who are now threatening to regulate private equity funds in the hope it will lead to more unionization, according to Investment News.
Working with the Service Employees International Union (SEIU) is House Financial Services Committee Chairman Barney Frank, D-Mass., who “made clear at a hearing held by his committee May 16 that he is looking at unspecified legislation to regulate private-equity funds more stringently.”
Frank said his committee is focusing on whether there is such a pattern of reorganization and restructuring of companies by equity funds in order to make the companies profitable. He would look at possible changes to the law that “could have [an] effect on policies involving unionization [and] taxation.”
SEIU is not the only union player pushing for taxation and regulation of this investment vehicle. “The AFL-CIO in Washington recently asked the SEC to require Blackstone, a private-equity and hedge fund group, to register as a mutual fund in light of the company’s offering its shares as a publicly traded limited partnership.”
If the workers won’t join unions voluntarily, union officials just need to ask Congress for help.
From National Right to Work Committee President Mark Mix’s Newsmax Op-Ed about Biden’s appointment to head the…
Gary Jones Plea Deal: “The root of this corruption was compulsion. Federal law gives union bosses the power to force workers under their so-called ‘representation’ against their will, and in states without Right to Work protections to force them to subsidize their activities or else be fired. Those dual coercive powers are what put UAW tyrants in a position to begin with that allowed them to sell out the rank-and-file so they could live large.