Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (760052)	3/4/2007 9:20:16 AM
From: haqihana	Read Replies (1) \| Respond to of 769670

JDN, If the socialistic democrat party stays powerful for any length of time, the USA will be destroyed in many ways. The way they are acting, they want a one government world which would make us just a face in the crowd, and no longer to be able to choose what kind of nation that would fit us for the best.

To: JDN who wrote (760052)	3/4/2007 1:18:11 PM
From: pompsander	Read Replies (1) \| Respond to of 769670

Well, JDN, it's not quite that simple. One of the aspects of the bill covers the situation where more than fifty percent of employees present cards to management asking for a union to be recognized as their bargaining agent. Under current law even if 90% of the employees provide cards, the Employer can demand an NLRB election. This can take many months to occur and during this period there are recognized cases where employers have browbeat the employees and threatened them...(all illegal, but done anyway) into voting against the union when the election is held. For some time even conservative labor law writers have said that if the card count is particularly high (say 70% for example), the mandatory election proviso could be waived and the union recognized under law. There are other aspects of the bill that, in my view, lean too far left, but this one doesn't bother me. I mean, why are 70% of employees signing representatiion cards in the first place if management is taking such good care of them? And, as you pointed out earlier, they can toss the union later if it does not produce better wages, working conditions or whatever is causing the dissatisfaction with the company in the first place. One thing I do know...employees want into traditional pension plans that provide lifetime benefits. Not 401(k)s. Most Unions have what are called Taft-Hartley plans that are jointly trusteed by labor and management and provide traditional pensions. There is a push to get into these plans if the Company does not provide its own defined benefit plan. But there are many reasons why people turn to unions. Sometimes their reasons are valid, sometimes they are sold a bill of goods by the union. I don't think this bill has much chance in the Senate...or with the President, so it may all just be symbolic for the democrats. We'll see. There is a growing backlash at many levels agains the levels of CEO and senior managemetn compensation while at the same time they close plants and move American jobs offshore. How this presents itself is anybody's guess, but Old John Edwards "Two Americas" theme resonates with some.