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From: zben@umcp-cs.UUCP
Newsgroups: net.flame,net.politics
Subject: Re: Unions, onions, and things... The Saga Continues
Message-ID: <6675@umcp-cs.UUCP>
Date: Sat, 21-Apr-84 02:20:07 EST
Article-I.D.: umcp-cs.6675
Posted: Sat Apr 21 02:20:07 1984
Date-Received: Sun, 22-Apr-84 08:49:51 EST
Organization: Univ. of Maryland, Computer Science Dept.
Lines: 22

>>  The local union made a bid to buy out the Steel plant, the Company
>>  accepted the offer in principle until the union could OK the
>>  deal with the National organization of the union.  The high
>>  muckety-mucks at the National level turned thumbs down on the
>>  local union to buy the plant.  

If the steel company cannot make money on an old and outdated plant, what
makes you think the steelworkers themselves can do any better?  The people
at the National level were being realists.  The local union was merely
delaying the inevitable, AND DOING IT WITH RETIREMENT FUND MONIES that are
desparately needed by already-retired workers.  I think the national level
showed good judgement in this case...
   
>>  As a result of the National Unions stupidity, there are now
>>  2300 more steelworkers out of a job in a town that had only
>>  one industry, the steel mill.  

Life's hard all over, buddy, but you can't throw good money after bad.
You wanna buy a steel mill?  [:-)]

-- 
Ben Cranston   ...seismo!umcp-cs!zben      zben@UMD2.ARPA