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US steel workers outraged over billion-dollar deal 'selling out' employees to a foreign entity US Steel was acquired by Japan’s Nippon Steel for $14.9 billion
Fox News ^ | 2/8/.2024 | Kristen Altus

Posted on 02/08/2024 8:52:39 AM PST by Pete Dovgan

Steel has become an integral part of the American economy. But as a large portion of the sector is being "sold off to the highest bidder," members of the United Steelworkers (USW) union are sounding off over the transaction.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Miscellaneous
KEYWORDS: ussteel
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I wonder if the USW union feels it's choice of endorsement of Biden was a good idea?
1 posted on 02/08/2024 8:52:39 AM PST by Pete Dovgan
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To: Pete Dovgan

2 posted on 02/08/2024 8:54:23 AM PST by z3n (Kakistocracy)
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To: Pete Dovgan

How far behind this can the auto sector be?

It’s already happening to farms, food processing, and housing as well.


3 posted on 02/08/2024 8:56:22 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Pete Dovgan

90% of union PAC $$ goes to Democrat pols. Enjoy the suck guys.


4 posted on 02/08/2024 8:58:57 AM PST by donozark (Even when Paul Pelosi isn't drinking, he's getting hammered.)
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To: Pete Dovgan

Didn’t their very own Union fully support Biden? Isn’t this what they voted for?


5 posted on 02/08/2024 8:59:55 AM PST by eyeamok
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To: Eccl 10:2

We should have some protectionist measures for certain industries.

No non U.S. citizens should be able to own land.


6 posted on 02/08/2024 9:02:44 AM PST by EEGator
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To: Pete Dovgan

Look for the union label!....................


7 posted on 02/08/2024 9:03:41 AM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Pete Dovgan

is the USA buying out companies in countries like japan, china etc, and buying up huge tracts of land like those countries are doing here in the US? Seems like more and more US land is falling into the hands of FOREIGN entities, and we aRE slowly losing land to foreign entities-

As well, we now have several gov folks like ilhan omar whose interests lie NOT in America, but in somalia, Tliab whose interests lie in her country, not in America- and some other female whose interests lie in her native country too- More and more we are gettign people in congress and such whose interests are not in America- but rather in their own homelands-


8 posted on 02/08/2024 9:05:12 AM PST by Bob434
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To: Red Badger

US government made a deal years ago with the Mob, to let them control the Unions to keep the Communists out.


9 posted on 02/08/2024 9:06:13 AM PST by dfwgator (Endut! Hoch Hech!)
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To: EEGator

[[No non U.S. citizens should be able to own land.]]

Exactly- just posted on that issue- we are losing more and more sovereign soil to foreigners every year-


10 posted on 02/08/2024 9:06:13 AM PST by Bob434
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Comment #11 Removed by Moderator

To: dfwgator
US government made a deal years ago with the Mob, to let them control the Unions to keep the Communists out.

IF true, it was a failure. Labor union leaders are 100% communist.

12 posted on 02/08/2024 9:08:01 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: Pete Dovgan

Dig deeper my friend. It is another corrupted Senile Joe “deal”. Japan has suddenly started buying huge amounts of US Treasury debt to take up for the huge amount of buyers selling off.

A few months ago the Fed had to purchase $200 billion of Treasury debt notes, no takers. Previous to that Japan was selling off the debt instruments….then suddenly does a 180 and starts making huge purchases.

Do note- the Fed stated last week that $$$ 2 trillion of debt notes were coming due this year….keep in mind we are now paying $$$ 1 trillion in interest payments alone….the “ thinkers” know what that means.


13 posted on 02/08/2024 9:08:26 AM PST by delta7
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To: NorthMountain

Not really. If you look at the labor unions in Europe, especially Britain and France, they are hard core Communist.

Our Unions are just corrupt.


14 posted on 02/08/2024 9:09:29 AM PST by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

they failed.............................


15 posted on 02/08/2024 9:09:46 AM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: dfwgator
Our Unions are just corrupt.

I'd agree if they were truly bipartisan in their efforts to buy politicians. They aren't. They massively support the communist democrat party.

16 posted on 02/08/2024 9:11:46 AM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: Red Badger

At least after WWII, our Unions pretty much opposed the Soviet Union, and were “Pro-American”.

In Europe, the Unions were directly controlled by the Communist Parties, with Soviet support.


17 posted on 02/08/2024 9:11:47 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Pete Dovgan

This is complete bullshit

Nippon is a heck of a lot better buyer than Cleveland Cliffs, who tried to fuck US Steel shareholders with the cooperation of the Biden morons and the union leadership.

I’d rather have a Japanese owner these days than pretty much any other country. They learned with moving auto plants to the U.S. how to handle the market.


18 posted on 02/08/2024 9:11:50 AM PST by LRoggy (Peter's Son's Business )
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To: delta7

“Do note- the Fed stated last week that $$$ 2 trillion of debt notes were coming due this year….keep in mind we are now paying $$$ 1 trillion in interest payments alone….the “ thinkers” know what that means.”

Where do you go, what do you do?


19 posted on 02/08/2024 9:12:26 AM PST by Pete Dovgan
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To: OHPatriot

I can’t speak for steelworkers, but I was in IBEW.
The rank and file were heavily R voters. They were also almost entirely white.


20 posted on 02/08/2024 9:12:41 AM PST by EEGator
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