Strike??? Thoughts, insights, predictions.

[Polo08816]

Well, the CEO is the big boss. Everybody kisses up to the boss - except the shareholders. If the stock price is going up the boss gets big bonuses, stock price goes down the boss gets tossed out the window - with that golden parachute - and is pretty much set for life. That's business.

In other words, they get to f*ck around and NOT find out.

 

[Blackcar]

To me that is the big problem worrying about stock market before customer satisfaction of products and quality of products produced.

 

[Mean_Green]

Ford guy sez 'the future of the company is at stake' and something about needing money for investments .... blah, blah, blah ....


OK, maybe stop stuffing so much of it in your own pocket?


And all the talk is about the CEOs. How many other C suiters have similar take homes? How much is really going out to them?

 

[gooffeyguy]

5 weeks now since the first workers here in Wentzville started picketing. Local news talked to a few and they said their patience and moral is wearing thin and they wish the union president would get them back to work soon.

 

[tjs3922]

Yeah, It is now over a month without a full paycheck for the strikers. That has to hurt. If the UAW really cared about their workers they would make the folks out on strike whole.

 

[gooffeyguy]

Ford announced more layoffs yesterday due to strike

 

[Polo08816]

I wonder if Ford is able to hold out until January/February, if it will break the UAW as well. Would be tough for people to go through the holidays on a reduced paycheck.

 

[BrokerThis]

UAW only has the funds to pay out the $500/wk (I believe) until the beginning of December. Then the "strike fund bucket" is dry.... so if it goes into the middle of Dec, all these UAW workers will be hurting badly for the holiday season. At which point, Fain should be opening up his checkbook to pay all the workers 500/wk for not having a job due to his tactics.

 

[Blackcar]

Thats if all workers were on strike, they can stretch it further there is 825 million at this point.

New UAW strategy could stretch strike funds

A new UAW strike strategy could allow workers to file for unemployment instead of having to be paid out of the union's $825 million strike fund.

www.michiganradio.org

UAW only has the funds to pay out the $500/wk (I believe) until the beginning of December. Then the "strike fund bucket" is dry.... so if it goes into the middle of Dec, all these UAW workers will be hurting badly for the holiday season. At which point, Fain should be opening up his checkbook to pay all the workers 500/wk for not having a job due to his tactics.

 

[BADRIDES]

They get the week of Thanksgiving off and are off 2 weeks at Christmas so how much production is gonna get done if they go back to work?