HK wrote:
Eisboch wrote:

Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo



It is always fun to read the right-wingers' rationalizations as to why
the working man and woman should be paid ****, with no benefits. Serfdom
uber alles, eh?

What's even more fun is watching you wriggle and squirm when the light
shines on your favorite entities.

Jim22208 wrote:
HK wrote:
Eisboch wrote:

Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo



It is always fun to read the right-wingers' rationalizations as to why
the working man and woman should be paid ****, with no benefits.
Serfdom uber alles, eh?

What's even more fun is watching you wriggle and squirm when the light
shines on your favorite entities.


Chew on this for a while Krause.

http://video.google.com/videoplay?do...52942094&hl=en

"Eisboch" wrote in message
...

Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo

I think he overstates the CAW/UAW in holding any cards. They are holding a
bluff hand.

Bond holders hold the cards. Lets see how they play them. Even the
Chrylser deal is at risk as not all bond holders have been suckered into
pennies on the dollar.

"Canuck57" wrote in message
...

"Eisboch" wrote in message
...

Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo

I think he overstates the CAW/UAW in holding any cards. They are holding
a bluff hand.

Bond holders hold the cards. Lets see how they play them. Even the
Chrylser deal is at risk as not all bond holders have been suckered into
pennies on the dollar.


You are not up to date. The Chrysler bond holder ranks thinned and then
those that remained threw in the towel due to political pressure brought on
by Obama inspired negative public opinion.
This was late last week.

GM's bond holders are facing the same public opinion problem. Only
difference is that there are many more of them.

Eisboch

On Mon, 11 May 2009 08:44:18 -0400, "Eisboch"
wrote:


"Canuck57" wrote in message
...

"Eisboch" wrote in message
...

Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo

I think he overstates the CAW/UAW in holding any cards. They are holding
a bluff hand.

Bond holders hold the cards. Lets see how they play them. Even the
Chrylser deal is at risk as not all bond holders have been suckered into
pennies on the dollar.


You are not up to date. The Chrysler bond holder ranks thinned and then
those that remained threw in the towel due to political pressure brought on
by Obama inspired negative public opinion.
This was late last week.

GM's bond holders are facing the same public opinion problem. Only
difference is that there are many more of them.

And a lot of them are pension funds - like the State of California.

Heh,heh, heh...

Tom Francis - SWSports wrote:
On Mon, 11 May 2009 08:44:18 -0400, "Eisboch"
wrote:

"Canuck57" wrote in message
...
"Eisboch" wrote in message
...
Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo
I think he overstates the CAW/UAW in holding any cards. They are holding
a bluff hand.

Bond holders hold the cards. Lets see how they play them. Even the
Chrylser deal is at risk as not all bond holders have been suckered into
pennies on the dollar.

You are not up to date. The Chrysler bond holder ranks thinned and then
those that remained threw in the towel due to political pressure brought on
by Obama inspired negative public opinion.
This was late last week.

GM's bond holders are facing the same public opinion problem. Only
difference is that there are many more of them.

And a lot of them are pension funds - like the State of California.

Heh,heh, heh...

Good old CalPers biggest investor in the country. They pull quite a bit
of weight at stockholders meetings.

"BAR" wrote in message
...
Tom Francis - SWSports wrote:
On Mon, 11 May 2009 08:44:18 -0400, "Eisboch"
wrote:

"Canuck57" wrote in message
...
"Eisboch" wrote in message
...
Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo
I think he overstates the CAW/UAW in holding any cards. They are
holding a bluff hand.

Bond holders hold the cards. Lets see how they play them. Even the
Chrylser deal is at risk as not all bond holders have been suckered
into pennies on the dollar.

You are not up to date. The Chrysler bond holder ranks thinned and
then those that remained threw in the towel due to political pressure
brought on by Obama inspired negative public opinion.
This was late last week.

GM's bond holders are facing the same public opinion problem. Only
difference is that there are many more of them.

And a lot of them are pension funds - like the State of California.

Heh,heh, heh...

Good old CalPers biggest investor in the country. They pull quite a bit of
weight at stockholders meetings.

Unfortunately they did not use that weight for many years. Allowed a lot if
shenanigans that could have been stopped at birth.

wrote:
On Mon, 11 May 2009 06:35:50 -0600, "Canuck57"
wrote:

http://seekingalpha.com/article/1366...e?source=yahoo
I think he overstates the CAW/UAW in holding any cards. They are holding a
bluff hand.

It will all come down to that "ban the secret ballot" law.
If the feds can get around state right to work laws the UAW might
succeed in destroying the whole US auto industry and sending all of
the plants to Mexico.


Ah, yes...those state "Right to Work for Less" laws the right wing uses
to make sure workers are no more than serfs.

wrote:
On Mon, 11 May 2009 12:13:43 -0400, HK wrote:

It will all come down to that "ban the secret ballot" law.
If the feds can get around state right to work laws the UAW might
succeed in destroying the whole US auto industry and sending all of
the plants to Mexico.

Ah, yes...those state "Right to Work for Less" laws the right wing uses
to make sure workers are no more than serfs.


... as opposed to those "card check" states where a union goon
supervises the workers decision to join? ;-)

In real life it is going to be "work" or "move to Mexico". There is
nothing keeping manufacturing in this country but the ability to
compete on wages.
NAFTA pretty much made sure of that


Won't be long before Americans are sneaking into Mexico to work.

wrote:
On Mon, 11 May 2009 12:13:43 -0400, HK wrote:

It will all come down to that "ban the secret ballot" law.
If the feds can get around state right to work laws the UAW might
succeed in destroying the whole US auto industry and sending all of
the plants to Mexico.

Ah, yes...those state "Right to Work for Less" laws the right wing uses
to make sure workers are no more than serfs.


... as opposed to those "card check" states where a union goon
supervises the workers decision to join? ;-)


Gee, I've been working with labor unions since the 1970s, and have been
involved in, literally, dozens of union representation elections. I've
yet to see anyone on the union side exerting even the amount of pressure
employers exert to sway the election.