The UAW's gorgeous golf course
Big 3 execs may have their corporate jets, but the UAW has its own lovely golf course, the championship caliber Black Lake Golf Club, designed by Rees Jones. It's all a part of the Walter and May Reuther Family Education Center the union maintains, and education, as everyone knows is a good thing, not a luxury. The Examiner and Michelle Malkin both feature stories on the facility, which, it turns out, is losing money for the union. Lots of money: $23 million in just the last 5 years. Luxury does have its price.
(from Michigan Golf via the Examiner)
Still, it does look a little bad to be asking taxpayers to bail out the union members, so they can keep their lavish health benefits and retirement/job banks perks (far better than what the average American enjoys), when the union owns a facility like this, allowing union members preferential access to tee time reservations.
From a peak of 1.5 million members in the 1970s, the UAW ranks have dropped to just 465,000 regular members, according to its most recent federal filings.In 2007 the UAW had receipts - union dues, fees and other income - of $327.6 million and it spent $330.3 million. While losing members, the UAW International, since at least 2000, has been able to hold fairly steady in the amount of money it brings in and spends, according to federal records. It has $1.2 billion in net assets.