It looks like you're using an Ad Blocker.

Please white-list or disable in your ad-blocking tool.

Thank you.


Some features of ATS will be disabled while you continue to use an ad-blocker.


DNC Literally in Hock to SEIU

page: 1

log in


posted on Sep, 21 2012 @ 08:12 PM
DNC Literally in Hock to SEIU

It seems the Democratic National Committee has secured a loan from a bank called Amalgamated Bank of New York.

Guess who is majority owner that bank.....

A Union. The SEIU.

The SEIU is also a major political contributor to Democrat candidates.

DNC chairwoman Debbie Wasserman Schultz is in full support naturally.

DNC owes millions to union-owned bank, records show

The Democratic National Committee (DNC) owes at least $8 million to a bank owned by one of the largest unions in the country, according to the committee’s most recent financial report.

The DNC initiated an $8 million loan with the Amalgamated Bank of New York on Aug. 10, the report shows, accounting for the majority of the committee’s overall debt of $11 million.

Amalgamated Bank, often described as “America’s Labor Bank,” is a national entity, the majority of which is owned by the Service Employees International Union (SEIU), a politically active union with deep ties to the Democratic Party. The SEIU is also involved with the Democracy Alliance, a shadowy group of wealthy left-wing donors founded by billionaire investor George Soros....

Sounds like that bank is a "Hefty-Leftie" outfit

edit on Sep-21-2012 by xuenchen because:

new topics

log in