Monday, April 27, 2009

Transparency for Obama's friends?

I guess transparency is not good for Obama's friends. The unions and the left-wing bought this election for Obama and he is paying them back. NBC promoted him heavily and GE (NBC's corporate parent) could earn millions (or billions) if Obama's cap-and-trade materialized.

Obama team reverses union transparency

"The Obama administration, which has boasted about its efforts to make government more transparent, is rolling back rules requiring labor unions and their leaders to report information about their finances and compensation."

"The Labor Department noted in a recent disclosure that "it would not be a good use of resources" to bring enforcement actions against union officials who do not comply with conflict of interest reporting rules passed in 2007. Instead, union officials will now be allowed to file older, less detailed conflict reports."

"Critics worry that the rollback of union reporting requirements will keep hidden potentially corrupt financial arrangements aimed at rooting out corruption"

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