Sunday, August 22, 2010

For the Third Time Obama Gives Unions A Break From Transparency Rules!

by Warner Todd Huston

image The Obama administration and the Democrat Party has yet again instituted new rules, rolling back requirements that forced unions to report their financial doings to their members and the public.Obviously as far as Obama is concerned “transparency” is one of those things that only enemies should be forced to observe. If you are an Obama friend, no transparency is required.

It is interesting to note the language that Democrats used to excuse their newest roll back of transparency requirements, too (my bold).

“The [Labor Management Reporting and Disclosure Act’s] various reporting provisions are designed to empower labor organizations, their members, and the public by providing certain information about the finances of labor organizations and union officers and employees. A fair and transparent government regulatory regime must consider and balance the interests of labor organizations, their members, and the public, including the benefits served by disclosure, the burden placed on reporting entities, and preserving the independence of unions and their officials from unnecessary government regulation.”

Federal Register, Vol. 75, No. 153; Tuesday, August 10, 2010; Proposed Rules, P. 48416

So how does allowing unions to misuse, abuse, and hide expenditures from their own membership, the public and the government by skipping transparency requirements help anyone but the union chiefs that want to hide what they are doing from the prying eyes of reformers?

Nonetheless, that is what Obama and his Party is doing. This newest rollback of reporting requirements is yet another pay off to unions that have pumped millions into the campaign coffers of Democrats and the president.

But this is nothing new. This is the third time since Obama took office as president that he and the Democrats have weakened rules meant to hold unions accountable for their spending, their salaries, their political activities, and their investments.

Read it all here…

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