Well, maybe not. United Airline - you know the airlines with the Fly the friendly skies slogan. Well United has been operating under bankruptcy protection for awhile, thanks to the extorting unions they have had to deal with. You see, unions in the airline business extort the corporation basically telling them give us what we demand or we and our fellow union gangsters will strike and drive your business into the ground.
Well, the unions have succeeded in doing just that. Excessive labor costs have made United uncompetitive - same old union story. Now, in an attempt to just survive, the airline has asked and received permission from the court to liquidate its four employee pension plans. I bet the union bosses kept telling the employees how it was protecting their interests, ha ha. Obviously the employees are very upset - so what's the union solution? THREATEN TO STRIKE! Have any of these people ever taken even one business class? So the company is barely hanging on and the union wants to strike. If you are a United employee the first thing I'd do right now is vote the union OUT. Get rid of the institution that put you into this situation in the first place.
Those in a union are under a false concept that the union will protect their interests. The union has such nice slogans and gatherings to make it appear "we are all one brotherhood". Well keep reading about United Airlines - it is the same old story, hardly the first time this has happened, and as long as there are unions it won't be the last.
I would be careful about booking a flight with United - the unions have threatened random strikes to disrupt services. United Workers - WHERE IS YOUR BRAIN?
Thursday, May 12, 2005
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5 comments:
Hahaha.
My idiot brother, who I no longer consider a member of my family for a nummber of reasons, is a United pilot and has been a major player in their union.
I told him so long ago.
Hahahaha.
The real issue here is how easy it is for United to waive the magic wand of bankruptcy and make pensions--a debt they owe employees under contract, no different from a Visa buy-now-pay-later bill--disappear. But now, rather than let the employees lose their pensions, the gummint jumps in and promises to take over. Does the gummint jump in and take over when debtors can't pay creditors? No, the creditors just lose. So what happens? This encourages companies who loan money to press companies who borrow money to leverage against pension funds, knowing that Uncle Sam will protect them when the borrower goes tits up.
Pundit -
The precedent has already been set. I think is was LTV steel that set it. The steel worker retirees got screwed of their pensions and health care. Other large steel Corps were licking their chops awaiting the courts decision. It has only begun. This may possibly be the death blow to unions as we know them.
Great now that we have the pension issue out of the way, time to go for Social Security. After that Medicare, and the dreaded Unemployment systems. Then we can get all those sick, elderly, and poor on the street like they should be.
P.S. If you dont get the joke, you will probably be on the street with em all.
Jeff, the post concerned what happens when the union promises blissful eternity vs. the reality of their worth (worthless). The items in your list are all taxpayer funded programs and really don't have much to do with unions.
If you don't get the joke, - I don't find this a joking matter Jeff, sorry.
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