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Automotive News & Views United Automobile Workers of America (UAW)
16738 messages, Last post on Dec 03, 2009 at 10:07 AM
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Replying to: dallasdude1 (Jan 25, 2009 6:03 am) Does the TX AFL-CIO have ANYTHING to do with the current crisis in the auto industry? Or just a means of taking up a lot of space? At least with Rocky we get his UAW biased opinions most of the time. Not a cut and paste of irrelevant drivel. |
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Replying to: dallasdude1 (Jan 25, 2009 6:11 am) What prevailing wage? There was 25% unemployment. I would think a job paying anything would beat being unemployed at that time. It comes back to the current crisis. Does the UAW want to preserve jobs or stick by their contracts until all lose out? As far as Ford's views on WW1 & WW2, there are many that share those views. FDR purposely got us into WW2 as a means of ending the depression. I am sure Fintail is better equipped to argue that subject. |
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Replying to: marsha7 (Jan 24, 2009 6:48 pm) Its called the American dream. Envy is what the corporate owned media is counting on. They seek to foster public opinion in order to bring in their agenda. If you get yourself a union and quit worrying about what others are getting, you would be ahead. One only need to recall that during hard time, such as now, unions gather momentum. If you think that the big business aristocracy has your best interests in their heart, think again, they have no interest in your well being. After the masses began to read, no thanks to the big business aristocracy, they came up with other tools to control public opinion. Owning the mass media and public relations have served them well. the UAW needs a dose of reality, and now is the time Thats what they told the folks in the Carolina's as they shipped their jobs overseas. Then they get two transplants, to fill the void, of hundreds of thousands of jobs, with a couple of thousand jobs. Then they have the gall to blame illegal immigration as the evil behind their unemployment. The fact is that less than 2% of the states population is Hispanic and now they have run out of unemployment benefits to those who have and are losing employment. Either their governor is that stupid or he is in on it. Faced with the dose of reality that you claim the UAW needs. How could so many be so foolish? Lets see how they voted this past election? Do you think they feel they were hoodwinked?
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Replying to: gagrice (Jan 25, 2009 6:21 am) Absolutely, an injury to one is an injury/insult to all. My union brothers and sisters are family. There are so many union folks out there and you try to single out, the UAW, as the evil one's. We look at it as your going after all unions in the grand scheme of things to come. DD, you have to be a UAW paid infiltrator. I'm still awaiting my wages. UAW as it really is. A major cause of the current downfall of GM and Chrysler. Are we now omitting Ford? Aren't they UAW?
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Replying to: tlong (Jan 24, 2009 10:52 pm) So all of these have a common factor. They are all UAW. Hence, one could, as you have done very well, single out the CEO as the major difference, between the well operated Ford and the poorly operated GM/Chrysler. |
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Replying to: dallasdude1 (Jan 24, 2009 5:07 pm) If these people really saved 2 years or more, they wouldn't be filing for bankruptcy or keep screaming that they're taking a hard blow due to the new wage. If these people really saved that much, why are they still declining pay cuts when it's the only way to survive? You're with UAW, while I have no clue how much you saved but making payments on 3 mortgage is no small issue. This shows that UAW workers are very generously paid. Well paid people yet at the same time most are living a life way beyond their reach. Hence when the turmoil hits them they go bankrupt right away, what happened to their savings? I'm sorry but I dont think it makes sense.
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Replying to: marsha7 (Jan 24, 2009 6:48 pm) |
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Replying to: dallasdude1 (Jan 25, 2009 5:08 am) http://books.google.com/books?id=P84JAAAAIAAJ&pg=PA12&lpg=PA12&dq=wage+at+coal+m- - ines+in+1914&source=web&ots=w8GtnswVI2&sig=SdRfeS1IaRfzm5uo4lzGICjfgvQ&hl=en&sa=- - X&oi=book_result&resnum=5&ct=result#PPA13,M1 The quote you gave showed a fundamental misunderstanding of economics. The dollar value was not constant. Car prices went from $500 in 1929 to $180 in 1932. There was obvious monetary contraction going on. $4 in 1932 could buy more of most stuff than $7 in 1929 . . . just like a gallon of gasoline cost more than $4 a year ago, but only $1.70 now. Because of this kind of monetary fluctuation, wages have to fluctuate with it, or jobs get eliminated because companies can't afford to pay the old bubble peak wages due to consumers unwilling to pay the old bubble peak prices. Inability to adjust prices down quickly enough is the reason why there is massive unemployment at economic down turns. Unions exacerbate the problem by insisting on labor price inflexibility.
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Replying to: dallasdude1 (Jan 25, 2009 6:41 am) |
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Replying to: dallasdude1 (Jan 24, 2009 5:13 pm) MIT. In any case, glad you read up on what Gresham's Law is. Don't you see the analogous situation in labor pricing? If we arbitrarily command (by fiat) that all workers shoud be paid the same regardless the productivity of each, the "good ones" who are worth more will exit the system, and the "bad ones" who are worth less than the command price will have an incentive to stay. In any case, gold standard or any standard is not pre-requisite for Gresham's Law. GL applies any time there is a discrepancy between command value vs. intrinsic value. The pre-1965 90% and pre-1971 40% silver coins have disappeared from the circulation, so have the pre-1982 copper pennies in recent years. Ironicly, this current monetary contraction is so severe that the pre-1982 copper penny's metal value is falling below the command value again in the last few weeks, for the first time in over a decade. |
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