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This is why unions are gay aka at least there will be no bailout. (pg. 3)
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| The17sss |
| quote: | Originally posted by jerZ07002
Yeah, i think unions have survived past their utility since the job market today is much more flexible than it was previously. If factory workers don't like market wages they hone their skill set to increase their value or they should get advanced degrees. They should be compensated for the value they add to the business not for the amount of coersion they can impose on the company. To keep american manufacturing viable, manufacturers should be able to pay market wages. If someone is willing to do the same job for $15 an hour, why should these companies be paying $50 an hour? |
Bingo. Your other posts are right on the money too |
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| XaNaX |
| 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. |
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| KiNeTiC ENeRgY |
| Ha, Oil just fell well below $44 a barrel!!! Think we can get gas for under a $1 soon? |
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| jerZ07002 |
| 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. |
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| we_R_DNA |
| 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.
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funny all the major banking institutions that failed got help from our Federal government; I wonder why? |
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| Lira |
| Put your hands up for Detroit! |
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| XaNaX |
| 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 now because it knows the companies can go straight to the President to get money |
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| jerZ07002 |
| 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 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). |
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| XaNaX |
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 ed. Forget taking your holiday break you s, 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 shows you just how far down the crapper the Republican party has gone |
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| Jean-François |
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| we_R_DNA |
| quote: | Originally posted by Lira
Put your hands up for Detroit! |
I LOVE THIS CITY \o/\o/\o/\o/ |
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