Quote of the week

On the UAW/GM strike the Wall Street Journal said of the union:

“So in the name of ‘job security’, they undermine a company’s – or a nation’s – competiveness. The result over time, is less job security for everyone, especially the union workforce. There’s no better example of this than GM, where the UAW now represents about 74,000 hourly workers, compared to 246,000 in 1994. Some security.”

  • John Fairplay

    Private sector unions are not long for this world. I was disappointed to see GM cave so quickly during the strike – although it’s not yet clear whether they gave up anything significant. This would have been a good time to break the union once and for all. Most union members would not have noticed the difference.

  • Jill

    This will likely make GM not so long for this world.


    GM couldn’t afford a long strike, it was esier for them to cave. In a few years they will declare bankruptcy, get a ruling from a judge that they don’t have to honor their agreement, push their pension obligations to the Bankruptcy Guarantee Corp ( US taxpayers) and raid the existing pension pot. The union members will be left with no health benefits, 40% of their pension and a 1/3 cut in pay (My cousin works for Continental Airlines……..this is exactly what happened to them.)

    The Union leadership get their acculades and bonus’ for doing a great job……………..while they know that the above will happen.

    This is an every 5 year action with the major airlines, GM is just adopting their tactics.

  • common sense Carl

    Unions, harrumph! A bunch of socialist blood suckers adhering to the backs of the working class. All they do is raise the price of goods with their unreasonable wage and benefit demands. Shop Walmart!


      I’d agree but since I know you I know that was sarcasm…..lol!

      • John Fairplay

        Of course, unions do hurt the working class and particularly the working poor by artificially raising the cost of goods. We can argue over what is “reasonable” with regard to wages and benefits, but the era of cradle grave employer-provided health care is gone…except in private sector unions. If this kind of benefit raises the price of a GM car by $1000 or $2000, Bill Gates doesn’t care. But Joe Sixpack has to make higher payments so that a GM retiree who hasn’t built a car in 20 years can get his Viagra for free. That’s not too funny.

  • DJD

    I wonder if any of those union boyz/suckers read that Ford just opened thier 5th automobile manufacturing plant in China? With American unions pumping out these types of labor deals we will be done and gone! The fools keep spinning thier heads around and around like wodden dumbies asking where all the jobs are going while at the same time sticking a gun to management’s heads demanding unrealistic and uncompetative contract terms. I wish GM would have told UAW to F-off and ate the cost, bleeding UAW’s piddly 800 mil. strike fund. Those guys that get $34 an hour and high value benefits to screw in screws on car dashboards would have gotten sick of delivering pizzas, early AM newspapers and whatever ultra low wage crap job they could find real quick and caved. But yeah, there is always the airline model. I am going to study that one.


      I read an article about 5 years ago that said GM and Ford were going to be shells of themselves in 10 years. They are bleeding money more and more each quarter, Ford sales were down 21% in Sept.

      I own a Jeep and Dodge Dakota, those are the last 2 American cars I’ll probably buy, I was pricing hydrids last night, the highest quality and best mileage were foriegn owed companies. The most expennsive and lowest mileage were American.

      They can open factories anywhere they weant, they still can’t sell their crappy prpducts here. Yes, the unions can share some of the blame, the government some and very poor management must also. The bottom line is they didn’t stay competitive!