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

To: tejek who wrote (541349)	1/6/2010 3:56:50 PM
From: SilentZ	Read Replies (2) \| Respond to of 1575622

>Having said all that, I still hold mgmt accountable. They have known for 20 years that the fiscal policies they put in place with unions in the early 80s were not doable. Instead of confronting unions and renegotiatating those contracts, they consistently backed down. Mgmt did not have the backbone. Only when at death's door over the past five years did they step up when it was nearly too late. And even then, clever mgmt at Ford which was once the also ran auto company managed to avert the worst of it while GM and Chrysler succumbed to BK. So how would you have renegotiated the contracts? -Z

To: tejek who wrote (541349)	1/6/2010 4:32:13 PM
From: i-node	Read Replies (1) \| Respond to of 1575622

Having said all that, I still hold mgmt accountable. They have known for 20 years that the fiscal policies they put in place with unions in the early 80s were not doable. Instead of confronting unions and renegotiatating those contracts, they consistently backed down. Mgmt did not have the backbone. What a convoluted view and narrow. You blame it ALL on management? What about the unions, who have all the power to shut plants, in fact, the entire industry, down? You don't think THEY'RE just a little bit responsible? What was management to do? Just sit and watch? These unions are self-serving, and when they finance strikes to shut down plants it destroys a lot of other people in the process. I've seen the damage it can do - where families and businesses are destroyed because of the of the selfishness of union workers who want it all for themselves. There was a time when unions were essential. We are well past that time and their power is too much today. We do not need a government giving them more power as a political payoff. Obama has carried this tactic to an absolute extreme.