Issue link: https://digital.copcomm.com/i/1151081
67 Q3 2019 / CINEMONTAGE roughly one in 10 union pension funds that were sent into a tailspin by the 2008 recession. WALL STREET PIVOTS TO BIDEN, HARRIS, BUTTIGIEG Wall Street financiers, according to Jake Johnson in Common Dreams, have dismissed two top contenders for the Democratic presidential nomination — Senators Elizabeth Warren and Bernie Sanders — as completely unacceptable. Wall Street insiders have reportedly begun to narrow their list of 2020 favorites as candidates' fundraising efforts reach a "fevered peak" ahead of the June 30 filing deadline. As The New York Times reported on June 16, "three candidates are generating most of the buzz" among powerful Wall Street donors: South Bend, Indiana Mayor Pete Buttigieg, former Vice President Joe Biden and California Senator Kamala Harris. "[W]hile many are still hedging their bets, those who care most about picking a winner are gravitating toward Biden and Harris, while donors are swooning over Buttigieg enough to open their wallets and bundle networks for him," according to the Times, which interviewed two dozen top fundraisers and political advisers. According to ABC News items and The Washington Post, Buttigieg raised $24.8 million, Biden $21.5 million and Harris $12 million. For their part, Sanders raised $24 million and Warren $19 million. Meanwhile, President Donald Trump has raised $54 million. NLRB RESTRICTS UNION ACCESS ON EMPLOYER PREMISES The NLRB issued a decision in mid-June, reversing 40 years of precedent by giving employers expanded rights to block union activity by non-employees at an employer's facility, according to Steven Suflas and Michael Greenfield writing in The National Labor Review. Under prior NLRB precedent, employers were required to permit contact by non-employee union representatives in areas open to the general public. Failure to do so was considered a violation of the NLRA. That so-called "public space" exception was abolished by the NLRB's recent decision in UPMC and its subsidiary, UPMC Presbyterian Shadyside, 368 NLRB No. 2. f LABOR MAT TERS Because helping others could one day help you. MPTF provides a safety net of social and charitable support to the entertainment community. We provide financial assistance, referrals to community resources, and a host of other services. Learn more at mptf.com Make a meaningful donation today at mptf.com/donate