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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ballsschweaty who wrote (68627)	9/5/2007 7:18:52 PM
From: forceOfHabit	Read Replies (1) of 116555

balls, your words (msg 68612): <<But they did get it through legal contracts with the Auto companies.>> No, they got it through extortion. Pay outrageous compensation that is at least 3x market or we all go out on strike and put you out of business. Now we are witnessing the free market forces finally take over. msg 68627: <<What about not great companies? Who protects their employees?>> Free will protects those employees. They can quit if they aren't happy with their pay, benefits or conditions. So if the workers don't like the contract they agreed to (or they wouldn't have jobs), tough cookies, but if the company doesn't like the contract it agreed to (else it wouldn't have any workers) then that was extortion? Your "logic" is laughable, your position contemptible. habit

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