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-- This is why unions are gay aka at least there will be no bailout.
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quote:

Originally posted by jerZ07002 If someone is willing to do the same job for $15 an hour, why should these companies be paying $50 an hour? It's a shame these companies locked themselves into these irresponsible contracts. Unfortunately, when labor strikes it really hurts.

why? because once a labor force is unionized it is damn near impossible to deunionize it. the autoworkers were unionized in the 1930s and 1940s, a time when the protections they provided to workers might have been necessary. today they are not, but we are stuck with them. in order to get rid of the UAW at say General Motors first you have to have 30% or more of the employees must petition for a decertification election. if that is successful then they must win the decertification election by a majority in order to remove the union from the workplace. this will never happen though, because what worker is going to vote to decertify their union when that union has negotiated them a higher salary, much better benefits, and a fat retirement plan when compared to autoworkers in non-union shops. this is why wal-mart has fought unionization of its workers so strongly, once the union gets in you can plan on paying your workers well above market wages and benefits for the rest of time.

Ha, Oil just fell well below $44 a barrel!!! Think we can get gas for under a $1 soon?

quote:

Originally posted by XaNaX why? because once a labor force is unionized it is damn near impossible to deunionize it. the autoworkers were unionized in the 1930s and 1940s, a time when the protections they provided to workers might have been necessary. today they are not, but we are stuck with them. in order to get rid of the UAW at say General Motors first you have to have 30% or more of the employees must petition for a decertification election. if that is successful then they must win the decertification election by a majority in order to remove the union from the workplace. this will never happen though, because what worker is going to vote to decertify their union when that union has negotiated them a higher salary, much better benefits, and a fat retirement plan when compared to autoworkers in non-union shops. this is why wal-mart has fought unionization of its workers so strongly, once the union gets in you can plan on paying your workers well above market wages and benefits for the rest of time.

the question was meant to be rhetorical; but thanks for the lesson on labor law, that was quite interesting. If our government was really concerned with keeping american manufacturing viable it would loosen the protections offered to unions.

Re: This is why unions are gay aka at least there will be no bailout.

quote:

Originally posted by elFreak no bailout is a good thing imo, but the reason for no bailout is just an example of what is wrong with the american unionized worker.

funny all the major banking institutions that failed got help from our Federal government; I wonder why?

Bush Drops opposition to using TARP funds. Looks like a cash infusion will be accomplished shortly, and the money will be coming directly from the treasury, thus avoiding congressional approval.


http://www.bloomberg.com/apps/news?...7sjc&refer=home

Put your hands up for Detroit!

quote:

Originally posted by jerZ07002 Bush Drops opposition to using TARP funds. Looks like a cash infusion will be accomplished shortly, and the money will be coming directly from the treasury, thus avoiding congressional approval. http://www.bloomberg.com/apps/news?...7sjc&refer=home

and also avoiding any of the requirements for concessions from the unions or changes in the way the companies operate. as his last slap in our face Bush is going to flush another $15 billion taxpayer dollars down the drain before he leaves office. the UAW won't give shit now because it knows the companies can go straight to the President to get money

quote:

Originally posted by XaNaX and also avoiding any of the requirements for concessions from the unions or changes in the way the companies operate. as his last slap in our face Bush is going to flush another $15 billion taxpayer dollars down the drain before he leaves office. the UAW won't give shit now because it knows the companies can go straight to the President to get money

one of the few things i don't like about Obama is that he is unlikely to ask for huge concessions from the UAW.


on a side note, i'm getting pretty worried about the inflationary effects these bailouts will have in 5-10 years. If we don't start paying down these debts with our existing money supply instead of deflating the value of the dollar and with new issuances of treasuries, i fear we are going to see some pretty steep inflation (relative to what we have seen in the past 20 years).

I haven't read the full text of the TARP bailout legislation so I don't know if it is even possible, but Congress needs to act and act right now to prevent the president from giving TARP funds to automakers or we are fucked. Forget taking your holiday break you fucks, stay in Washington and keep this from happening. Otherwise those three bloated, mismanaged, union-leech infested companies will be sucking money from the taxpayer tit for years to come and in the end we will have nothing to show for it except a massive bill that our children's children will still be paying. It will be status quo at the big 3 except now the taxpayers will be the ones picking up the tab.

God damn we have set a dangerous precident with these bailouts. Now no matter how bloated, mismanaged, and poorly run a company is they will be expecting a taxpayer funded bailout no matter if the company is viable or not. Don't worry if you are big enough the government won't let you fail. What is the incentive for a company to be well run anymore?

That anyone who calls themselves a Republican supports this shit shows you just how far down the crapper the Republican party has gone

quote:

Originally posted by Lira Put your hands up for Detroit!

I LOVE THIS CITY \o/\o/\o/\o/

I really can not stand unions. They end up just making companies pay more for shit that they shouldn't have to.

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Originally posted by KiNeTiC ENeRgY China is going to come in and buy up all the American companies. Were all soon to be owned by them anyway. Might want to start picking up the language at this point. Hostile country takeover

A US company can not have more than 25% foreign ownership.

quote:

Originally posted by gehzumteufel I really can not stand unions. They end up just making companies pay more for shit that they shouldn't have to. A US company can not have more than 25% foreign ownership.

Hell at that rate, I'm sure they have already acquired that 25%.

.goo

quote:

Originally posted by gehzumteufel I really can not stand unions. They end up just making companies pay more for shit that they shouldn't have to. A US company can not have more than 25% foreign ownership.

not sure where you heard that, but foreign investors can own 100% of a US domestic corporation in most situations. There might be restrictions in highly regulated industries such as air transportation, telecom, and energy, but for the most part foreigners are free to own as much as they want.

I thought this thread said "This is why unicorns are gay..."

Let down imo

just for you bas

On the drive to work this morning while hearing 680 news I think I heard something along the lines of that if the Oshawa plant workers do a complete pay cut for the next whole year it will keep GM open for only 11 days

quote:

Originally posted by UmmiE On the drive to work this morning while hearing 680 news I think I heard something along the lines of that if the Oshawa plant workers do a complete pay cut for the next whole year it will keep GM open for only 11 days

lmao...in other words, GM, kiss your ass goodbye

quote:

Originally posted by KiNeTiC ENeRgY lmao...in other words, everyone in Detroit, kiss your ass goodbye

fixed.

quote:

Originally posted by UmmiE On the drive to work this morning while hearing 680 news I think I heard something along the lines of that if the Oshawa plant workers do a complete pay cut for the next whole year it will keep GM open for only 11 days

owned.

quote:

Originally posted by KiNeTiC ENeRgY Hell at that rate, I'm sure they have already acquired that 25%.

lol yeah

quote:

Originally posted by jerZ07002 not sure where you heard that, but foreign investors can own 100% of a US domestic corporation in most situations. There might be restrictions in highly regulated industries such as air transportation, telecom, and energy, but for the most part foreigners are free to own as much as they want.

Ahh I assumed that it translated throughout.

quote:

Originally posted by gehzumteufel Ahh I assumed that it translated throughout.

Assumption is the mother of all fuckups

quote:

Originally posted by Lira Put your hands up for Detroit! Originally posted by we_R_DNA I LOVE THIS CITY \o/\o/\o/\o/

lol win!!!

Chrysler already got bailed out once in the 80's and their savious was the K-Car and minivan. Useful cars for the times (although they were complete shit).

Why should the gov't foot the bill again?

You know, they should let Detroit die. Even twice, if necessary.

I'm sure its death is going to spawn a new wave of techno music. This time around, however, robots from the bankrupt industries will produce the music themselves, giving birth to a harsher, colder, fuller sound, that can't be compared to the flaming music produced by a bunch of black gay guys playing with knobs in Belleville... and that's going to eventually kill Eminem.

Awesome, huh?

I like much of the thinking here in this thread.

My name is George Pullman, inventor of the Pullman sleeping car and founder of the Pullman Company.

I can tell you right now... You shouldn't tolerate these "Unions". They are all crooks. My workers get paid a fair wage, don't believe their lies. They also live in a town which I built, Pullman, Illinois (Right outside of Chicago) so they can work and live in the same area! I've done so much for these workers, and they had the nerve to orchestrate a strike!

You want to know what I did?

I called the fucking U.S. Army and crushed their precious little demonstration. Hear that? The U.S. Army. That's right, they work for me. They killed a few of my workers, but these were insubordinate lazy slobs, anyway. Good riddance, I say.

So WHAT if I don't pay them a lot of money. Workers are paid to WORK, not get rich!

That's my job.

quote:

Originally posted by George Pullman I like much of the thinking here in this thread. My name is George Pullman, inventor of the Pullman sleeping car and founder of the Pullman Company. I can tell you right now... You shouldn't tolerate these "Unions". They are all crooks. My workers get paid a fair wage, don't believe their lies. They also live in a town which I built, Pullman, Illinois (Right outside of Chicago) so they can work and live in the same area! I've done so much for these workers, and they had the nerve to orchestrate a strike! You want to know what I did? I called the fucking U.S. Army and crushed their precious little demonstration. Hear that? The U.S. Army. That's right, they work for me. They killed a few of my workers, but these were insubordinate lazy slobs, anyway. Good riddance, I say. So WHAT if I don't pay them a lot of money. Workers are paid to WORK, not get rich! That's my job.

you seriously went through the effort of making an alt to post this?

fyi: 1894 != 2008 times have changed the need for labor unions to protect workers is gone

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