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Obama supporters oppose bill that favors unions

Oh-Oh.There's trouble in River City (from the Music Man.) There is fight brewing over proposed labor law revisions giving workers bargaining rights based on signing cards instead of winning a secret ballot election. Senator Tom Harkin is the sponsor of a bill that would make these changes law.

Now enter the billionaires that supported President Obama's campaign. Even the President's finance chairperson, Penny Pritzker, who is a director of the Global Hyatt Corp., is opposed to the bill. Neil Bluhm, a partner in Walton Street Capital, LLC and Lester Crown, chairman of Henry Crown & co. voiced their criticism of the measure. Now here's a sledge hammer: the US Chamber of Commerce plans to spend $20 million dollars this year advertising and lobbying to block the card check rule.

Continue reading Obama supporters oppose bill that favors unions

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Last updated: February 11, 2012: 10:37 AM

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