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To: Cobra64

Do you have any concept what it would cost the company to disrupt production for even a few months to retrain new workers?

It takes two to have a strike. The company could have avoided this strike as easily as the union.

My union went on strike a few years ago. While we were out we did something that the IAM has never been able to achieve. We completely shut down deliveries instantly. (Boeing only gets paid when they deliver airplanes). Now the company loves to talk about looking out for shareholders. But while we were out the stock fell $12 (about $12,000,000,000 reduction in shareholder value), I estimated that it would have cost $120,000,000 to avoid the strike. So it was a 100 to one loss. How is that the comany looking out for shareholder value.

BTW when we came back they extended some of the benefits that we won in the strike to about twice as many non represented employees even though they said it would bankrupt the company to do it for us.

It takes two.


52 posted on 09/01/2005 9:19:45 PM PDT by djwright
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To: djwright
Well, personally I don not believe in "organized labor." The Teamsters tried to "organize my father's steel company in the 1950s. They threatened him personally, my mother and we kids. Unions are thugs. My father hired police to protect his business. Our drivers were fielded with 30-30 carbines because our delivery trucks were being shot at.

One union thug tried to break into my father's office and demanded to speak with my father. Dad pulled out a .45, told this jack-ass to sit down, buzzed his secretary to call the police, and subsequently the police arrested the thug on several Federal charges.

Why do you think the steel mini-mills are so successfull? Ever heard of Nucor steel, based in Darlington, TX. Do you understand why so much industry has left the rust belt and moved South?

Too many people do not understand Economics or Accounting, or Simple Business processees.

61 posted on 09/01/2005 9:32:18 PM PDT by Cobra64
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To: djwright
We completely shut down deliveries instantly.

And you are proud of this? You are no better than these scum. I guessed right you are a Spoiled SPEEA puke.

Boeing has idiots for managers if they let unions extort increases by having no backup plans.

Of course their next step is to move more and more assembly work offshore like they have with much of their parts suppliers.

You union pukes have a career death wish.

64 posted on 09/01/2005 9:44:05 PM PDT by anymouse
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To: djwright
But while we were out the stock fell $12 (about $12,000,000,000 reduction in shareholder value), I estimated that it would have cost $120,000,000 to avoid the strike. So it was a 100 to one loss. How is that the comany looking out for shareholder value.

how long after the strike ended did it take for the stock to go back up over the $12? If it increased more than $12 in the say five years after the strike then it was a great move by the company to let the workers strike. (they recovered their investment in five years as opposed to paying 120M per year extra forever)

96 posted on 09/02/2005 9:35:57 AM PDT by John O (God Save America (Please))
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