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Author: fleg9bo Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 58816  
Subject: Bailing out a golf course Date: 12/17/2008 6:13 PM
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Make UAW Sell its Championship Golf Course Before a Bailout

http://www.dcexaminer.com/opinion/Should_UAW_Sell_its_Champi...

What do UAW executives and workers do to relax? They play golf at the union’s highly touted championship caliber Black Lake Golf Club, designed by Rees Jones. Also part of Black Lake are a learning center, a practice facility with practice bunkers, chipping and putting greens, and a small, nine-hole par-three Little Course.
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But wait! There's more:

http://www.michigangolfmagazine.com/reviews/black-lake.html

Black Lake is a public course that provides UAW members and retirees substantial discounts from the regular greens fees.
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The best part is that the course is a money-loser, so our bailout will ensure that the taxpayer gets to subsidize UAW members' greens fees.

UAW Squanders Dues on Golf Resort

http://theunionnews.blogspot.com/2008/09/uaw-squanders-dues-...

The UAW International's golf course and education center operations on 1,000 acres near Onaway have together lost $23 million over the past five years, independent audits obtained by the Free Press show. Both are run as for-profit corporations, according to paperwork filed with the U.S. Department of Labor, and the UAW has been propping them up with loans.
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Fore!

--fleg
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