Unions

We have all been recently exposed to what happens to otherwise solid companies when they refuse to fight back against the destructive forces of unionized labor. General Motors' current march towards death, albeit slowed by a president and congress literally owned by Big Labor, can be directly linked to the problems associated with the corrupt, inefficient world of unions.

After several years in the construction industry, much of it in the industrial field, I've seen first hand what goes on in facilities saddled with the burden of unionization. I've always held that labor unions serve no purpose in today's society, save to drive up the cost of production in whatever industry they infest. And yet, in the wake of the disaster that is the Big Three, even after the blatant slap in the face that we've all received as a nation, we're still not getting the point.

We show outrage over a few executives getting big bonuses in spite of their own failures, and yet we could care less about the UAW refusing to give any concessions in order to prevent the failure of the companies they have leached dry over the years. Where is our president's haughty condescension with respect to this equally outrageous display of idiocy? Isn't GM getting taxpayer dollars to stay afloat? And yet the UAW wants their members to keep getting paid the same ludicrous wages that contributed to this problem in the first place. With OUR money!!!

There's a great article today in what's quickly becoming one of my favorite new websites, The New Ledger. The always knowledgeable Francis Cianfrocca - aka, Blackhedd at Redstate - is a regular contributor, and I never miss his insight into the financial world. Today's article explains why the UAW will end up finishing what they started in the destruction of General Motors.