Teamsters brag they have the money.
Well lets look at the LM-2 for 2011
Teamsters have $212,000,000 in assets.
AMFA has 1,400,000 in assets.
Teamsters have liabilities of 74 million
AMFA has liabilities of $400,000.
Teamsters memberships 1.3 million
AMFA memberships 2.700
So yes AMFA is smaller and has less money but look at how much
money the Teamsters spends on YOU as a member vs AMFA.
Teamsters= $162
AMFA= $535
Why is this? Because AMFA only represents the M&R group. The money stays with us. On the other hand the Teamsters have to share the wealth to all the other groups,
Not to mention the huge salaries of the Appointed International Officers. Sounds like the TWU to me. Dont you think?
AMFA's two biggest locals are locals 11 and local 18
Combined they have $2 million in assets.
Local 11's membership count averages $1,200.00 per member.
Local 18's membership count averages $1,200.00 per member.
Yet the Teamsters can only spend $152 per member. Numbers do not lie.
AMFA has Maintenance locals already set up.
Here they are with projected membership figures.
DFW local 11 2,500 members
NYC local 1 900 members
LAX local 3 550 members HOW THE HELL ARE YOU SUPPOSED TO RUN A LOCAL WITH 500 MEMBERS?
MIA local 6 800 members OR EVEN 800??
ORD local 4 950 members
TUL local 12 4,000 members
And yes you will elect ALL officers for each local. There is NO assigning of locals or business agents. You will vote on your ATD director. You have a say by voting. Can you say the same for the TWU or Teamsters?
This is why I encourage you to put aside last weeks events with the NMB filing and stay focused on AMFA's philosophy as a Class and Craft Union.
If and when you get your ballot use the WRITE IN option allowed by the NMB rules.
Check the box and write in AMFA.
This fight has made you delusional. First of all, how did you come up with $535 spent per member? Your numbers DO lie.
Second; take a look at amfa's LM-2....
SCHEDULE 3 - SALE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 000-302
Description (if land or buildings give location)
(A) Cost
( B) Book Value
© Gross Sales Price
(D) Amount Received
(E) Total of all lines above $449,963 $449,963 $460,514 $460,514 Banc Amer Mtg Secs Inc Remic Ser 2004-5 $2,655 $2,655 $2,704 $2,704 Ba Amer Alt Ln Tr Remic Ser 2006-9 $3,479 $3,479 $3,515 $3,515 Bear Stearns Arm Tr Remic Ser 2003-1 $1,234 $1,234 $1,234 $1,234 Countrywide Remic Cwl 2007-13 $24,488 $24,488 $25,663 $25,663 Citicorp Mtg Secs Tr Remic Ser 2006-7 $2,406 $2,406 $2,414 $2,414 Federal Hm Ln Mtg Cp Ghr 2785 Mb $1,941 $1,941 $1,929 $1,929 Federal Hm Ln Mtg Cp Fhr 3002 Gg $3,986 $3,986 $4,000 $4,000 Federal Hm Ln Mtg Cp Fhr 3047 Xb $8,060 $8,060 $8,042 $8,042 Federal Hm Ln Mtg Cp Fhr 3075 Cn $1,315 $1,315 $1,302 $1,302 Greenpoint Mtg Fdg Tr Remic 2005-HE1 $7,113 $7,113 $7,113 $7,113 Impac Cmb Trust Remic 2004-4 $70,098 $70,098 $71,380 $71,380 Indymac Inda Mtg Ln Remic Ser 2006-AR1 $938 $938 $938 $938 Merrill Lynch Mtg Invs Remic 2004-WMC5 $12,378 $12,378 $12,490 $12,490 Novastar Heq Nhel 2004-4 $21,456 $21,456 $21,444 $21,444 Terwin Mtg Tr Remic 2005-12 $1,304 $1,304 $1,304 $1,304 Wells Fargo Mtg Bkd Secs Remic Ser 2004-EE $1,441 $1,441 $1,553 $1,553 Wells Fargo Mtg Bkd Secs Remic Ser 2007-10 $8,451 $8,451 $8,523 $8,523 Wells Fargo Mtg Bkd Secs Remic Ser 2006-11 $188 $188 $952 $952 First Trust Unit 3297 Invt Grade Sel Closed End $79,799 $79,799 $83,372 $83,372 Banc Amer Mtg Secs Inc Remic Ser 2005-5 $2,242 $2,242 $2,242 $2,242 Ba Amer Alt Ln Tr Remic Ser 2006-9 $5,219 $5,219 $5,272 $5,272 Banc Amer Fdg Tr Remic Ser 2007-3 $1,588 $1,588 $1,592 $1,592 Bear Stearns Arm Tr Remic Ser 2003-1 $1,794 $1,794 $1,794 $1,794 Chl Mtg Pass Thru Tr Remic Ser 2006-21 $1,795 $1,795 $1,807 $1,807 Citicorp Mtg Secs Tr Remic Ser 2006-7 $2,406 $2,406 $2,414 $2,414 Fedl Natl Mtg Assn Remic Ser 2012-84 $16,663 $16,663 $16,663 $16,663 Fedl Home Loan Mtg Corp 4097 $18,057 $18,057 $18,057 $18,057 Impac Cmb Trust Imm 2004-4 $20,019 $20,019 $19,015 $19,015 Indymac Inda Mtg Ln Tr Remic Ser 2006-AR1 $1,263 $1,263 $1,263 $1,263 Master Adj Rate tg Tr Remic Ser 2004-13 $7,511 $7,511 $7,537 $7,537 Merrill Lynch Mtg Invs Remic 2004-WMC5 $26,819 $26,819 $27,062 $27,062 Terwin Mtg Tr Remic 2005-12 $2,896 $2,896 $2,896 $2,896 Wells Fargo Mtg Bkd Secs Remic Ser 2004-EE $1,441 $1,441 $1,553 $1,553 Wells Fargo Mtg Bkd Secs Remic Ser 2007-10 $10,415 $10,415 $10,504 $10,504 Wells Fargo Mtg Bkd Secs Remic Ser 2006-11 $692 $692 $3,497 $3,497 First Trust Unit 3297 Invt Grade Sel Closed End $23,933 $23,933 $24,870 $24,870 Adjustable Rate Mtg Tr Remic Ser 2004-2 $682 $682 $687 $687 Bear Stearns Arm Tr Remic Ser 2003-1 $1,037 $1,037 $1,037 $1,037 Fedl Home Loan Mtg Corp 4097 $6,019 $6,019 $6,019 $6,019 Greenpoint Mtg Fdg Tr Remic Ser 2005-HE1 $31,330 $31,330 $31,330 $31,330 Merrill Lynch Mtg Invs Remic 2004-WMC5 $13,412 $13,412 $13,531 $13,531 Less Reinvestments $0 (The total from Net Sales Line will be automatically entered in Item 43) Net Sales $460,514
Form LM-2 (Revised 2010)
SCHEDULE 4 - PURCHASE OF INVESTMENTS AND FIXED ASSETS FILE NUMBER: 000-302
Description (if land or buildings, give location)
(A) Cost
( B) Book Value
© Cash Paid
(D) Total of all lines above $406,317 $406,317 $406,317 First Trust Unit 3908 Invt Grade Sel Closed End $65,195 $65,195 $65,195 Countrywide Remic Cwl 2007-13 $24,488 $24,488 $24,488 Fedl Natl Mtg Assn Remic Ser 2012-152 $24,772 $24,772 $24,772 Fedl Natl Mtg Assn Remic Ser 2012-84 $15,272 $15,272 $15,272 First Trust Unit 3297 Invt Grade Sel Closed End $3,235 $3,235 $3,235 Fedl Natl Mtg Assn Remic Ser 2012-84 $99,721 $99,721 $99,721 Federal Home Loan Mtg Corp 4097 $90,899 $90,899 $90,899 First Trust Unit 3297 Invt Grade Sel Closed End $967 $967 $967 First Trust Unit 3908 Invt Grade Sel Closed End $17,559 $17,559 $17,559 Adjustable Rate Mtg Tr Remic Ser 2004-2 $13,863 $13,863 $13,863 Fedl Natl Mtg Assn Remic Ser 2012-84 $20,042 $20,042 $20,042 Federal Home Loan Mtg Remic 4097 $30,304 $30,304 $30,304 Less Reinvestments $0 (The total from Net Purchases Line will be automatically entered in Item 60.) Net Purchases $406,317
Form LM-2 (Revised 2010)
These charts show what amfa really does with your dues dollars.
THEY PLAY THE MORTGAGE BACKED SECURITIES MARKET.
Seriously dude?? You really call these ASSETS? Most of these are underwater mortgages. Thank Delle for this sham...
Do you want to know how much amfa paid in 2012 to Seham, Seham, Meltz & Petersen, LLP?
$445,760 WOW.... No wonder Seasham loves these guys!
Want to know what amfa spent on the AA campaign in 2012?
American Airlines Campaign Expenses .............$7,976
Hold the phone............
This is a good one.
This is a charge from Seasham that you all are going to LOVE......
Seham, Seham, Meltz & Petersen, LLP Billed amfa......
Drum roll please..........
NMB Rule Changes 07/31/2012
$8,247
amfa.... YOU GOT RIPPED OFF
