I love Dave Mendoza - he knows it - and if anyone lays their hands on him, they'll answer to me. This admission aside....Dave, what the heck?!??
Just received his "look at how bad the UAW is" email and need to comment on its anti-union slant. As I've said with other "news" reporters on RBC and recruiting related sites, sometimes you have to click on the links and check the sources. Here goes!
Dave-O sends an open "I hate unions and this is why" email that speaks to this story
. The facts in this are that the story was presented in early September 2008 by Motor Trend's online site
. It was picked up by many a conservative organization such as the CNS News
whose parent organization is the Media Research Center
; MRC's Chairman is the famed ultra right winger, Brent Bozell
, self appointed media watchdog.
The main source in the Fox story is from the Center for Union Facts, one of Rick Berman
's front groups "that defend his corporate clients' interests by attacking their critics, allowing his paying clients to remain out of public view."
Berman has always refused to identify the sources of funding.
Naturally, the Michelle Malkin
's of the conservative news media love this stuff. She cherry picks some financial performance data gleaned from a Detroit Free Press article that somehow is no longer at the DFP site but is available here
Oh, and the UAW doesn't run the golf course; it was set up as a for profit organnization with for profit leadership.
From the conservatives' viewpoints this is all shocking, shocking, shocking! But let's wear our business hat for a moment - I know this is tough for some recruiters to do - and see how this investment fits. Does the Walter and May Reuther Family Education Center add value to the UAW's balance sheet? As many balance sheets are looking bleak now, jettisoning assets don't automatically make for a profit. In reality, the UAW holds $1.2 Billion in net assets so time will tell.