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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (437445)	12/1/2008 7:22:59 PM
From: michael97123	Read Replies (1) \| Respond to of 1573848

I dont understand my post to you. It needs further interpetation. (g) I think what i meant is that unions job is to get workers more money. Its mgt that has to keep themselves competitive. They had the strong suv and truck market to subsidize the core market in cars they let get away from them. Now they pay the price. So dont blame the union, blame mgt. Going forward as a union leader, i would prefer to do large give backs rather than face the end game in US auto industry.

To: Joe NYC who wrote (437445)	12/1/2008 8:27:16 PM
From: tejek	Read Replies (2) \| Respond to of 1573848

Unions arent the problem, what is is that union wages have given others the competitive edge. Isn't that a contradictory sentence? Of course, there is the management side that, capitulation after capitulation to the unions allowed the situation to reach the current crisis. Ever wonder why mgmt capitulated to the unions? What they got out of it?

To: Joe NYC who wrote (437445)	12/3/2008 1:34:54 PM
From: i-node	Read Replies (3) \| Respond to of 1573848

Of course, there is the management side that, capitulation after capitulation to the unions allowed the situation to reach the current crisis. This is really where management's culpability lies. Had prior managements had the stones to say, "Go ahead and strike; you'll cut BOTH our throats" then the situation today would be different. But time and again, the unions have won out in the end using the coercive tactic of their power to totally shut down the corporation. I have no fundamental opposition to collective bargaining, but the power of it has grown to a point where it is sucking the life blood out of our economy. GM could weather a strike at this plant or that, but when you have the entire UAW threatening to walk off the job, it is tantamount to putting a gun to management's head and demanding they sign off on a deal that may not be in the best interests of either the shareholders or America. Due to our misplaced emphasis on quarterly accounting, few managements can stand up to that kind of duress. They're forced to cave. Decades of caving to the pressure has brought us to this point. I saw this morning that the unions are ready to talk, which is a radical change from 10 or so days ago. It will be interesting to see where this leads. Clearly, they realize there will have to be some stuff given back or their membership is apt to end up having their heads handed to them by some bankruptcy judge somewhere.