Heisenberg01 said:

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deddog said:

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i just realized (from the article above), the UAW wanted 40% raise over 4 years because that's what the C suite execs got.
Clearly being a worked on the assembly line, is exactly the same as the exec running a billion dollar company with 10s of thousands of workers.

If the Big3 gives the UAW the EV part of the deal, it's the end for the Big3. Can you imagine building a already ridiculously overpriced EVs, with Union workers, in a blue state. Ha ha, good luck with that.

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Honestly, what has Ford done in the last 5 years that would warrant that kind of raise for the CEO? I get that the UAW demands are ridiculous, but people across this country are getting tired of where executive compensation has gone. Pigs get fat, hogs get slaughtered.

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But that lightning tho…

Here are some details:

The United Auto Workers union for the first time ever went on strike at all three Detroit car companies, with workers hitting the picket lines shortly after midnight Friday in targeted work stoppages at plants in Michigan, Ohio and Missouri.

Workers at Ford's Bronco plant in Detroit, a Stellantis Jeep factory in Toledo, Ohio, and a GM pickup plant in Missouri were instructed to leave their posts, beginning what could be a series of sporadic walkouts done without notice at additional auto factories.

The three targeted assembly factories, which combined employ about 12,700 hourly workers,...

Lol at this:


The money is there. The cause is righteous. The world is watching and the UAW is ready to stand up

JUST IN: Union of Auto Workers (UAW) officially begins strike with 12,700 workers at three plants.

This includes workers at Ford, General Motors, and Stellantis.

The strike could impact as many as 146,000 workers by next week.

What does this mean?

46% of US auto production is… pic.twitter.com/JOElfYOfJS

— The Kobeissi Letter (@KobeissiLetter) September 15, 2023

Prediction to absolutely go wrong = The strike is over by Tuesday 9/19/23.

Logos Stick said:

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Lol at this:


The money is there. The cause is righteous. The world is watching and the UAW is ready to stand up

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Nothing righteous about organized labor. How is it any different from organized theft in this day in age with the labor and product laws we have that protect the worker and consumer?

If you don't think your job pays enough walk and find a new job.

They aren't striking for the working man, they are striking for the union bosses. Those are the ones who come out ahead in this.

Get your popcorn out. This will be interesting to how the owners react and how long the workers can last

They make 48k a year while on strike.

Logos Stick said:

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Heisenberg01 said:

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deddog said:

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i just realized (from the article above), the UAW wanted 40% raise over 4 years because that's what the C suite execs got.
Clearly being a worked on the assembly line, is exactly the same as the exec running a billion dollar company with 10s of thousands of workers.

If the Big3 gives the UAW the EV part of the deal, it's the end for the Big3. Can you imagine building a already ridiculously overpriced EVs, with Union workers, in a blue state. Ha ha, good luck with that.

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Honestly, what has Ford done in the last 5 years that would warrant that kind of raise for the CEO? I get that the UAW demands are ridiculous, but people across this country are getting tired of where executive compensation has gone. Pigs get fat, hogs get slaughtered.

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While I agree that executive pay is over the top now, these workers don't deserve what they are asking for. In fact, they are way overpaid as it is. I could teach a monkey to do their jobs. It's uneducated, unskilled labor. There are 100 million adults in this country that could replace them with a few hours of training.

We would get a far better product for a lot less money if unions did not exist.

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And workers get paid far, far less

Yeah, it's called supply and demand.

If I have 100 million people capable of doing a job, it's going to pay much less than a job where there are only 100 people capable of doing it.

Each of the striking workers is getting paid $500 a day from the union. The UAW doesn't have the bankroll to pay ALL of their workers that kind of cash for long. So I anticipate that this strike won't last very long.

Each OEM has enough supply of vehicles and parts at their stores to make it through normal operations through the end of the month. After that, who knows.

fixer said:

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Heisenberg01 said:

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deddog said:

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i just realized (from the article above), the UAW wanted 40% raise over 4 years because that's what the C suite execs got.
Clearly being a worked on the assembly line, is exactly the same as the exec running a billion dollar company with 10s of thousands of workers.

If the Big3 gives the UAW the EV part of the deal, it's the end for the Big3. Can you imagine building a already ridiculously overpriced EVs, with Union workers, in a blue state. Ha ha, good luck with that.

---

Honestly, what has Ford done in the last 5 years that would warrant that kind of raise for the CEO? I get that the UAW demands are ridiculous, but people across this country are getting tired of where executive compensation has gone. Pigs get fat, hogs get slaughtered.

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But that lightning tho…

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These are the only one that count

At that rate, they will exhaust their fund in 22 working days if the strike continues at only these three plants.

Good. This whole thing by the UAW is stupid.

Charpie said:

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Each of the striking workers is getting paid $500 a day from the union. The UAW doesn't have the bankroll to pay ALL of their workers that kind of cash for long. So I anticipate that this strike won't last very long.

Each OEM has enough supply of vehicles and parts at their stores to make it through normal operations through the end of the month. After that, who knows.

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$500/wk, not day.
https://www.freep.com/story/money/personal-finance/susan-tompor/2023/09/15/uaw-strike-pay-2023/70840390007/

Damn..that's even worse

Do this graph have a source? Most graphs I see point to the underlying study.

That looks like a 3rd grade project some liberal parent created in an attempt to influence young, naive souls.

Charpie said:

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Damn..that's even worse

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Biden will supplement it with emergency checks.

Just have to agree to have your union dues withheld from the check and to complete the 2024 ballot before you can pick the check up.

Simple.

APHIS AG said:

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zoneag said:

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So we'll see $150k F150 King Ranch Editions soon? Available financing for 240 months

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The King Ranch F-150's are now over $110K. If the UAW demands are met, no one will be able to afford even the cheapest of vehicles.

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who the @#$@# can afford that?

The only reasonable thing to do here is for these companies to relocate HQ and all operations to the South and Southwest.

Take a short term L and pick up some big medium and long term W's.

Charpie said:

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Each of the striking workers is getting paid $500 a day from the union. The UAW doesn't have the bankroll to pay ALL of their workers that kind of cash for long. So I anticipate that this strike won't last very long.

Each OEM has enough supply of vehicles and parts at their stores to make it through normal operations through the end of the month. After that, who knows.

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On top of that affiliations and agreements between labor unions aren't what they used to be, and union membership is declining. It used to be if, say, UAW went on strike somewhere some of the other unions like steelworkers or coal workers would threaten a strike in support. The companies would them get pressure from multiple sides to settle so it didn't affect other industries. I don't think those relationships exist today. That is probably also why you see them striking at all of the Big Three at once. It used to be the UAW would renegotiate/threaten to strike on a rotation. They are doing this en masse because they don't have as much outside leverage as they used to.

I don't expect this to end the way UAW thinks it will.

Agreed. And the OEM's know this

Fightin_Aggie said:

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Logos Stick said:

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Lol at this:


The money is there. The cause is righteous. The world is watching and the UAW is ready to stand up

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Nothing righteous about organized labor. How is it any different from organized theft in this day in age with the labor and product laws we have that protect the worker and consumer?

If you don't think your job pays enough walk and find a new job.

They aren't striking for the working man, they are striking for the union bosses. Those are the ones who come out ahead in this.

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let's not forget the gravy train of UAW and union fees going to democrat party politicians,

who then help their union buddies get higher wages from management

a nice virtuous feedback loop bringing misery to America

Burdizzo said:

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Charpie said:

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Each of the striking workers is getting paid $500 a day from the union. The UAW doesn't have the bankroll to pay ALL of their workers that kind of cash for long. So I anticipate that this strike won't last very long.

Each OEM has enough supply of vehicles and parts at their stores to make it through normal operations through the end of the month. After that, who knows.

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On top of that affiliations and agreements between labor unions aren't what they used to be, and union membership is declining. It used to be if, say, UAW went on strike somewhere some of the other unions like steelworkers or coal workers would threaten a strike in support. The companies would them get pressure from multiple sides to settle so it didn't affect other industries. I don't think those relationships exist today. That is probably also why you see them striking at all of the Big Three at once. It used to be the UAW would renegotiate/threaten to strike on a rotation. They are doing this en masse because they don't have as much outside leverage as they used to.

I don't expect this to end the way UAW thinks it will.

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although there are reports on CNBC that other unions ARE going to support UAW

like the truck drivers who move the cars across the country and the ports

and of course they deserve a 37% pay raise to drive a truck!

I guess I don't understand the mentality of, "well if the CEO gets a 40 percent raise so should I." I mean, I don't what his responsibilities.

LMCane said:

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Burdizzo said:

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Charpie said:

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Each of the striking workers is getting paid $500 a day from the union. The UAW doesn't have the bankroll to pay ALL of their workers that kind of cash for long. So I anticipate that this strike won't last very long.

Each OEM has enough supply of vehicles and parts at their stores to make it through normal operations through the end of the month. After that, who knows.

---

On top of that affiliations and agreements between labor unions aren't what they used to be, and union membership is declining. It used to be if, say, UAW went on strike somewhere some of the other unions like steelworkers or coal workers would threaten a strike in support. The companies would them get pressure from multiple sides to settle so it didn't affect other industries. I don't think those relationships exist today. That is probably also why you see them striking at all of the Big Three at once. It used to be the UAW would renegotiate/threaten to strike on a rotation. They are doing this en masse because they don't have as much outside leverage as they used to.

I don't expect this to end the way UAW thinks it will.

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although there are reports on CNBC that other unions ARE going to support UAW

like the truck drivers who move the cars across the country and the ports

and of course they deserve a 37% pay raise to drive a truck!

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Someone can correct me if I am wrong, but my observation is that the majority of the new car distribution network is via rail, and the trucking is "last mile" (or last 100 miles). I am also guessing that most of those drivers are contract and not Teamsters or some other trucker union.

There is no hope the big 3 will catch up to the Japanese and Koreans with this kind of baggage dragging them down.

Bubblez said:

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Missing the critical third line: share of that top 10% that votes Democrat to ensure the wealthy are protected and the poor are politically owned, and both leech off the middle and upper middle class.

I don't know about union labor -

but watching "Sopranos" was pretty eye opening about how things work in the real world..