One more reason to break up the UAW
Posted by Liberty on December 29, 2008
“Even as the industry struggles with massive losses, the UAW brass continue to own and operate a $33 million lakeside retreat in Michigan, complete with a $6.4 million designer golf course. And it’s costing them millions each year.”
“But the Black Lake club and retreat, which are among the union’s biggest fixed assets, have lost $23 million in the past five years alone, a heavy albatross around the union’s neck as it tries to manage a multibillion-dollar pension plan crisis.”
And the UAW is a heavy albatross around the auto companies’ necks. And the bailout is a heavy albatross around the taxpayers’ necks.