amicus
Literotica Guru
- Joined
- Sep 28, 2003
- Posts
- 14,812
From snippets on the news today, MSNBC, I think, Perhaps CNN, I gather that 173,000 auto workers are going out on strike against General Motors Corporation.
I haven't done a search as yet, still stunned by an interview I heard, comparing Caterpillar to GM, and how the heavy equipment manufacturer saved their business by breaking their Union and outsourcing plants all over the world and in the meantime greatly increased the value of the company and the stock value.
Healthcare factors into the GM story, with apparently some 350,000 retired workers and families drawing pension and health benefits from the GM pension fund. Union advocates are asking for a National Health bail out, with the government taking over the pension health fund.
Further in the interview it was stated that if the United States was to salvage any of the automobile manufacturers in the future, the Unions had to be busted and companies had to be free to compete in the global market or there would be no automobiles being made in the US in 15 years.
Dunno is this is a news blip that will fade or grow...
amicus...
I haven't done a search as yet, still stunned by an interview I heard, comparing Caterpillar to GM, and how the heavy equipment manufacturer saved their business by breaking their Union and outsourcing plants all over the world and in the meantime greatly increased the value of the company and the stock value.
Healthcare factors into the GM story, with apparently some 350,000 retired workers and families drawing pension and health benefits from the GM pension fund. Union advocates are asking for a National Health bail out, with the government taking over the pension health fund.
Further in the interview it was stated that if the United States was to salvage any of the automobile manufacturers in the future, the Unions had to be busted and companies had to be free to compete in the global market or there would be no automobiles being made in the US in 15 years.
Dunno is this is a news blip that will fade or grow...
amicus...