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Royalties or Kickbacks?

Posted by Ol' Pancake on 12-29-2006 at 1:02 PM

"The National Education Association, now with 2.8 million members, collected nearly $49.6 million in royalties in 2004 on the sale of annuities, life insurance and other financial instruments it endorsed, according to disclosure data NEA filed with the Department of Labor. It’s now a familiar pattern: Teachers unions refer their members to union-approved products, and in return they get a cut of the revenues."

Article on National Legal and Policy Center website