clipped from: hotair.com   

Big Labor insolvent?

No wonder the unions have fought so hard to get Card Check passed.  The Wall Street Journal reports that the SEIU and the AFL-CIO have all but gone bankrupt after throwing away tens of millions in the last election.  The massive unemployment in union-sector jobs may sound their death knell:

That news comes courtesy of federal disclosure forms that unions file each year with the Department of Labor. The Bush Administration toughened the enforcement of those disclosure rules, but under pressure from unions the Obama Labor shop is slashing funding for such enforcement. Without such disclosure, workers wouldn’t be able to see how their union chiefs are managing their mandatory dues money.

Obama demanded tighter enforcement of Wall Street for not handling its investments properly.  Why is he allowing the unions off the hook for the same problem?  At least people invest willingly on Wall Street; unions take their dues whether the employee wants the union or not.