Labor Watch: Unions Ready to Spend $122 Million on Election Ads, While Abercrombie and Best Buy Workers Launch Labor-Backed Protests
Plus: Canadian unions join in protests to stop a Tar Sands pipeline, and US Airways employees join forces to demand action on labor dispute.
Washington Times
Link: Labor unions set to unleash millions for ad buys
"Labor unions are sitting on at least $122 million in cash that can be spent on politics — more than corporate political action committees have on hand — and have already sent millions to Democratic super PACs that are purchasing ad buys daily.
"With unions' traditional specialty being 'get-out-the-vote' rather than persuasion, it is now, in the final weeks of the campaign, that much of those funds stand to be spent."
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.




business news
PRINT























