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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (41577)12/15/2002 11:55:45 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 52237
 
miffed ?? well that is put to mildly ........ if I could I would hang the union leaders by their ........ (you know) ....... most workers are just lazy bags working like walking dead and getting an average pay of $44,000 a year plus plenty of benefits we regular mortals can only dream of.

Bloomberg is right to ask the court to order to fine them. The mere threat of strike at this time of year and in this economy is criminal IMHO

IN Germany they have a similar strike but at least there they ask for 3% wage increases not 6% a year like the NYC bastards



To: Jerry Olson who wrote (41577)12/15/2002 12:31:21 PM
From: Haim R. Branisteanu  Respond to of 52237
 
Over and over their contracts have led to higher fares and higher taxes to support an organizational structure whose time has long since passed. The bureaucracy has grown too large and too expensive. Wages, salaries, and fringe benefits are well above what the market would bear if the market were allowed to operate. The average compensation of a TA employee is at least 20 percent above that of the average New Yorker. Work rules seem designed to keep squeeze only a minimum amount of service out of every dollar. This needs to change.

Unlike so many other world-class systems, transit in New York continues to operate as a public monopoly. This cozy arrangement serves labor and management well, most of whom are paid more than if there were a competitive market and they are not paid for working more. Outside New York, the world has moved on.

nationalreview.com