I’m a ‘Conservative’ who supported Cain and Newt but also has a past as a unionized worker. I have seen firsthand, corporate raiders like Mittens come and take over a once profitable company with leveraged buyouts, etc, leaving them bankrupt while the raiders walked away fat n happy.
Making $25/hour with 20 years seniority for heavy production work is not out of line. This push from some extreme right to force $12/hr while the executives reap huge multi-million $$$ severance packages gives force to the occupiers.
Just like politics, there has to be a balance.
I didn’t see where they want to cut the pay of the 20 year vets, just keeping the lower tier pay the same. I’m sure there is room in negotiations. I also see they want to shift pension money AWAY from the union to a 401K plan.
Unions are broke and corrupt and if I were an employee, I’d rather have a 401K that I can take with me rather than waiting to get a pension that might not be there.
I called bs on it then and I call it now.....
most of these ceo's are just back slapping golf buddies of someother back slapping golfer...
they vote on each others boards to keep the big money rolling in...
its crony capitalism....
You’re right.
I really don’t like folks who make a living just pushing money around - not providing leadership, or, as far as I can tell, creating or enabling the creation of goods and services.
But the truth is, that the job market currently stinks on ice, and that reality will be reflected in any new contracts. Unions, including this group have to deal with this fact.