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<blockquote data-quote="FedEx All the Way!" data-source="post: 506572" data-attributes="member: 18070"><p>Anyone else see this quote? If the Congress passes this bill then Fedex won't buy the planes from Boeing as they will "become unnecessary when the bill cripples the company, but yet they still can afford to buy them from Airbus? Why would you go and authorize spending of 7 Bil. plus with another company if your company is gonna be crippled by the legislation? Gotta love that "fuzzy math"<img src="/community/styles/default/xenforo/smilies/FeltTip/surprised.png" class="smilie" loading="lazy" alt=":surprised:" title="Surprised :surprised:" data-shortname=":surprised:" /></p></blockquote><p></p><p><strong>Union-busting for the big three</strong></p><p></p><p>Hurray for FEDEX! It's time someone stand up to the union. They've been pushing people around for way too long. I believe the unions were needed when they were first formed to help employees who were being abused but they have outlived their usefulness.</p><p>Why do we need the bill? If people at FedEx believe they would be better off with a union they should work at UPS.</p><p>NO company should be forced to unionize. What the teamsters are doing equates to extortion. If Fed Ex employees want to unionize, they will take it on themselves.</p><p></p><p>Unions first sprung up in 18th-century Europe when women and children joined armies of poorly paid male factory workers. As individuals, the factory workers were powerless to negotiate with their bosses. A union gave them a collective voice. They could band together to say, "You're getting rich off our labor, and you need to share that wealth with us -- or we'll stop working." The factory owner would then have an incentive to improve wages and conditions.</p><p></p><p>Who but a factory owner could argue with its logic or fairness?</p><p></p><p>Unfortunately, somewhere along the way, unions forgot that the relationship between workers and owners is symbiotic. The two entities are natural allies, not enemies. Unions got drunk on their own power, and began working against the long-term profitability of their own companies. </p><p> According to the U.S. Bureau of Labor Statistics, there are currently 15 million unionized workers in the US, which accounts for 12% of all workers. About 35% of public sector workers are unionized, compared to 7% of private industry workers. On average, a union worker makes 33% more than a non-unionized worker. Four out of five union workers have employer-financed pension plans. Only one-half of non-unionized workers do.</p><p></p><p><a href="http://moneycentral.msn.com/detail/stock_quote?Symbol=gm&getquote=Get+Quote" target="_blank"><strong>General Motors</strong></a>, <a href="http://moneycentral.msn.com/detail/stock_quote?Symbol=friend&getquote=Get+Quote" target="_blank"><strong>Ford</strong></a> and Chrysler are all badly run companies with uninspiring product lines. In fact, most of their wounds are self-inflicted - but the unions have certainly done their share of the damage. And is there any sight more pathetic than those fleshy CEOs begging Congress for money?</p><p> It's not like there haven't been warning signs. </p><p></p><p>Even if GM made good cars, the legacy costs would kill the company. When GM made the pension deal in 1962, it had 464,000 US employees, and was paying benefits to 40,000 retirees and their spouses.</p><p></p><p>So for every retiree, there were about 11 workers on the factory floor. Then they started automating, replacing people with machines. By 2007, the workforce had shrunk to 141,000 -- but the company was now paying benefits to 450,000 retirees.</p><p></p><p>The math doesn't work. And chucking $25 billion at the Big Three isn't going to make it work.</p><p></p><p>There are only two solutions that will work:</p><p></p><p>One, let the free market do its thing. Reward excellence. Kill the weak. Say goodbye to the Big Three. New U.S. auto companies will emerge, and they will learn from their mistakes and make better cars at higher profits.</p><p></p><p>Neither of these solutions is pleasant. In fact, both are extremely painful. But the hurt is there anyway. Half a million Americans lost their jobs in November. I know what it's like to pound the pavement looking for work, worried about my family, my house, my future. Those are long days -- but sometimes they're necessary.</p><p></p><p>The most important thing is to stay firmly rooted in reality. And the reality is that <a href="http://moneycentral.msn.com/detail/stock_quote?Symbol=tm&getquote=Get+Quote" target="_blank"><strong>Toyota</strong></a> makes better cars than GM. And they aren't paying billions of dollars to ex-employees.</p><p></p><p>Another reality is that the system is self-correcting. The job market is currently flooded with educated, motivated, trained workers. That's a very good environment for entrepreneurs to start new businesses in.</p><p></p><p>NO TO UNIONS!</p><p>[/QUOTE]</p>
[QUOTE="FedEx All the Way!, post: 506572, member: 18070"] Anyone else see this quote? If the Congress passes this bill then Fedex won't buy the planes from Boeing as they will "become unnecessary when the bill cripples the company, but yet they still can afford to buy them from Airbus? Why would you go and authorize spending of 7 Bil. plus with another company if your company is gonna be crippled by the legislation? Gotta love that "fuzzy math":surprised:[/quote] [B]Union-busting for the big three[/B] Hurray for FEDEX! It's time someone stand up to the union. They've been pushing people around for way too long. I believe the unions were needed when they were first formed to help employees who were being abused but they have outlived their usefulness. Why do we need the bill? If people at FedEx believe they would be better off with a union they should work at UPS. NO company should be forced to unionize. What the teamsters are doing equates to extortion. If Fed Ex employees want to unionize, they will take it on themselves. Unions first sprung up in 18th-century Europe when women and children joined armies of poorly paid male factory workers. As individuals, the factory workers were powerless to negotiate with their bosses. A union gave them a collective voice. They could band together to say, "You're getting rich off our labor, and you need to share that wealth with us -- or we'll stop working." The factory owner would then have an incentive to improve wages and conditions. Who but a factory owner could argue with its logic or fairness? Unfortunately, somewhere along the way, unions forgot that the relationship between workers and owners is symbiotic. The two entities are natural allies, not enemies. Unions got drunk on their own power, and began working against the long-term profitability of their own companies. According to the U.S. Bureau of Labor Statistics, there are currently 15 million unionized workers in the US, which accounts for 12% of all workers. About 35% of public sector workers are unionized, compared to 7% of private industry workers. On average, a union worker makes 33% more than a non-unionized worker. Four out of five union workers have employer-financed pension plans. Only one-half of non-unionized workers do. [URL="http://moneycentral.msn.com/detail/stock_quote?Symbol=gm&getquote=Get+Quote"][B]General Motors[/B][/URL], [URL="http://moneycentral.msn.com/detail/stock_quote?Symbol=friend&getquote=Get+Quote"][B]Ford[/B][/URL] and Chrysler are all badly run companies with uninspiring product lines. In fact, most of their wounds are self-inflicted - but the unions have certainly done their share of the damage. And is there any sight more pathetic than those fleshy CEOs begging Congress for money? It's not like there haven't been warning signs. Even if GM made good cars, the legacy costs would kill the company. When GM made the pension deal in 1962, it had 464,000 US employees, and was paying benefits to 40,000 retirees and their spouses. So for every retiree, there were about 11 workers on the factory floor. Then they started automating, replacing people with machines. By 2007, the workforce had shrunk to 141,000 -- but the company was now paying benefits to 450,000 retirees. The math doesn't work. And chucking $25 billion at the Big Three isn't going to make it work. There are only two solutions that will work: One, let the free market do its thing. Reward excellence. Kill the weak. Say goodbye to the Big Three. New U.S. auto companies will emerge, and they will learn from their mistakes and make better cars at higher profits. Neither of these solutions is pleasant. In fact, both are extremely painful. But the hurt is there anyway. Half a million Americans lost their jobs in November. I know what it's like to pound the pavement looking for work, worried about my family, my house, my future. Those are long days -- but sometimes they're necessary. The most important thing is to stay firmly rooted in reality. And the reality is that [URL="http://moneycentral.msn.com/detail/stock_quote?Symbol=tm&getquote=Get+Quote"][B]Toyota[/B][/URL] makes better cars than GM. And they aren't paying billions of dollars to ex-employees. Another reality is that the system is self-correcting. The job market is currently flooded with educated, motivated, trained workers. That's a very good environment for entrepreneurs to start new businesses in. NO TO UNIONS! [/QUOTE]
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