Rumors coninue to swirl that that the Employee Free Choice Act Bill will be introduced sometime today. As of yet, it is still unclear when the House or Senate will vote on this bill. You can go here and here to get the latest news and information regarding to EFCA.
It would be an understatement to say EFCA has created an enormous amount controversy. Unions have spent millions upon millions of dollars on this Bill in order to increase its membership, which ultimately leads to increased finances. Simply put, EFCA makes it easier for unions to organize. Vice President Biden made some interesting comments in a speech he gave last week to the AFL-CIO Executive Council at the Fontainebleau Hotel in Miami Beach, Florida. Click here for the details.
I continually ask myself one question when thinking about EFCA: How can an employee have “free choice” if he/she is unable to vote in a secret ballot representation election? We pride ourselves on being a democratic society. We even try to instill our democratic values in other countries. Yet, we are introducing legislation in this country that will ultimately eradicate a fundamental aspect of those values. Go figure.
Even Supporters of President Obama have spoken out against the Employee Free Choice Act. Warren Buffett, a prominent investor and supporter of President Obama’s economic policies, spoke out against the bill this morning on CNBC’s Squawk Box. To view the video and the transcript click here. (His comments on EFCA begin at the 3:27 mark.) At one point he states that “card check is a mistake.” Additionally, EFCA has drawn the indignation of editorial writers, economists, and the American people.
Lastly, a recent study has shown has shown that EFCA may actually lead to job losses and a higher unemployment rate. For a shortened version of the study click here. For the entire study click here.
Stay tuned, uncertain times lie ahead.
