Spider

For any UAW employees out there who still think their union is anything more than a ponzi scheme designed to effectively tax membership while enriching a few 'bosses' at the top of the pyramid, you should probably take note of a federal indictment that was filed late last week alleging that Chrysler executives conspired with UAW leaders to siphon millions in funds earmarked for employee training to line their own pockets.

By Wolf Richter, originally published on WOLFSTREET.com

Prices of collector cars fell again, according to the April report by Hagerty, which specializes in insuring vintage automobiles. After a tremendous price surge that peaked in 2015, they’ve been ratcheting their way down ever so slowly. But it adds up after a while.