Originally Posted by 09 Panel

We have an old steel plant in this area. They make an end product line of steel wire/cable. About 3 or 4 years ago the company told the union, we are a right to work state but they have a union, that they needed to work on some give backs in the new contract or they had to close the plant. The union told the workers to refuse and they did and went on strike. After a month of being on strike and the company talking to them about the problem and them not listening the company closed the plant and went out of business. You should have heard the screaming about ALL the workers losing their jobs and what would they do now.

The plant was sold after being closed 6 months and the new company laid out the rules for the union and started production. Since then they have had to close the plant twice because of economy and the cost of doing business with the union people. They have currently been closed for the last month and are hoping to be able to restart soon but the union guys still haven't figured it out.

Originally Posted by Carproff

Yup the worhers on the line etc. HAVE TO take cut backs while upper management takes hugh salaries with expence accounts and bonuses.
Ask AIG about that.

Originally Posted by Cokeybill

Another that does not understand the pure being of a workforce that does their job yet the rich keep abusing the system that they developed for their own greed. Some just think in the small sense of what the media writes to flame the ignorant. You keep believing what the media writes and follow along like sheep and read all the sensationalism that these reporters spew out so that you can be an authority on the economy...

Originally Posted by HHR_SS_QC

Very interesting...

http://www.bloomberg.com/apps/news?p...mzs&refer=home

Originally Posted by Kingfrog

Well maybe if you could spell you might have an executive job making a huge salary.....I'd say the shop floor sweeper at GM is making a huge salary.

AIG is an example of the country going Marxist.....

Lets see.... go back and re write a clause in the contract allowing for the distribution of bonuses to certain employees in early 2009....The when the bonuses are distributed legally via contract AND a special amendment to the government bailout bill, the "surprised" Administration goes after the recipients who received the bonuses and threatens to release their names and bus tours are conducted to their homes....DESPITE the fact that Chris Dodd lied about having anything to do with the rewrite then a day later recanted........The government ALLOWED for the bonuses with a special edict. This is like a CEO signing a toxic labor contract then whining about profits.

Yeah just like AIG.......

Originally Posted by JimDaddyo

Not taking sides here, but if you made a deal, be true to it. A contract is a contract.

Originally Posted by Carproff

A friend of mine worked for Firestone. He was at the main plant and there was a problem with a southern U.S. plant. So his boss says “Let’s fly down in the company jet and sort this out”. They got to the southern airport where a limo was waiting to pick them up. After about one hour in a meeting they had the problem sorted out and headed back. My friend mixed some drinks from the bar on the private jet and said to his boss, “That could have been fixed with a phone call.” His boss replied “But I like to Fly.” My friend said “Yes, but we could of saved the company a lot of money.” To which his boss said “You don’t understand, I said I like to fly.”

I guess that’s a good enough reason for the guys on the line to take a pay cut.