View Single Post
Old 12-13-2012, 06:05 PM   #80
bimmerfan08
Registered User
 
Join Date: Feb 2009
Location: Hampton Roads, VA
Posts: 4,890
My Ride: Phoenix Yellow M3
Quote:
Originally Posted by rdsesq View Post
Exactly. Why should somebody invalidate a contract if it is not in their interest to do so. (take a loss in benefits, wages, etc...)

Some people are talking like the unions should do mgmt a "favor" and re-do the legally binding contract, just because the mgmt can't be profitable under that contract. That is not labor's issue nor is it labor's fault.

Thinking a union should re-do their contract to help mgmt be profitable is as silly as asking somebody to re-fi their house at a higher rate so the bank can be more profitable. "Hey, corporation....you entered into a legally binding contract. Now it sucks to be you....well tough $h!t." Companies will lay people off at the drop of a hat to save a penny on earnings the next qtr and think nothing of it. Then they want labor to "play nice" and help them out and think of the community. Bleep that.
Thinking like Lair now...

Unions should have some consideration and not be greedy grubbing hustlers.
__________________
"Economics cannot answer such normative or prescriptive questions about how much of our market incomes, if any, should be transferred to poor families. This is a political question that can only be answered at the ballot box, or in some countries, at the point of a gun."
bimmerfan08 is offline   Reply With Quote