BigGovernment.com has posted a story stating that the Obama Administration has let the requirement that union leaders file a Form T-1 Annual Report expire.
The article states:
"After allowing only 11 days of comments from the public, the Obama Administration postponed requiring reports for another year. During 2010, the Obama Administration states that it intends to completely eliminate the financial disclosure."
How much this lack of financial accountability will impact future elections depends on the American voters. Money is an important political force, but a well-informed voter who does his own research can overcome the attempt to buy an election. That happened recently in the New Jersey gubernatorial election when New Jersey Gov. Jon Corzine spent more than $12 million more than Republican candidate Chris Christie and Chris Christie won the election.
The unions should be held accountable for how they spend the money they collect, but in the end, a well-informed voter is worth more than any amount of union money spent to buy an election (just for the record, a large percent of Governor Corzine's money was his own--not necessarily from unions).
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