UAW President Has “Only One True Enemy, Multibillion Dollar Corporations”

Authored by Mike Shedlock via MishTalk.com,

The one and solely enemy of UAW president Shawn Fain are the corporations that make use of 350,000 UAW employees, 150,000 for the massive three.

Meet the Man Who Has Detroit on Edge

The Wall Street Journal says Meet the Man Who Has Detroit on Edge

When Shawn Fain glances on the wall of government portraits on the United Auto Workers’ historic Black Lake convention middle in Northern Michigan, there may be one picture that all the time catches him off-guard. His personal.

In latest weeks, he has been unusually outspoken about his frustrations with labor talks—at one level, making a public present of throwing Stellantis’s bargaining proposals within the trash—and has embraced fiery rhetoric that has riled up employees for a possible walkout and brought many automobile executives aback.

At an occasion in March he mentioned the union was preventing its “one and only true enemy: multibillion-dollar corporations.”

“How far are you willing to go to get the contract you deserve?” Fain yelled to a roaring crowd at a latest rally, after strolling on stage to Eminem’s “Not Afraid.” Fain says he’s a fan of ’90s hip-hop.

Circle September 14, On Your Calendar

The New Republic studies Labor Chief Shawn Fain Worries the Big Three—and the White House

If negotiators don’t agree on a contract by September 14, says UAW President Shawn Fain, 150,000 employees will stroll off the job.

I requested Fain about studies that the UAW is withholding its anticipated endorsement of President Joe Biden, with whom Fain met in July. “It was a good meeting,” Fain mentioned, however “we’ve made it clear that our endorsements are going to be earned, not freely given.”

UAW Files Unfair Labor Practice Charges Against GM, Stellantis

Reuters studies UAW Files Unfair Labor Practice Charges Against GM, Stellantis

The United Auto Workers union mentioned on Thursday it filed unfair labor follow fees with the National Labor Relations Board in opposition to General Motors and Chrysler-parent Stellantis, saying they’ve refused to cut price in good religion.

“We’re going to fight like hell to get our equitable share of justice for workers,” he mentioned. “We can get there – but these companies better buckle down and they better get serious.”

GM manufacturing chief Gerald Johnson mentioned the corporate strongly refuted the unfair labor cost. “We believe it has no merit and is an insult to the bargaining committees. We have been hyper-focused on negotiating directly and in good faith with the UAW and are making progress,” Johnson mentioned.

Why a Big Union Is Snubbing Biden

Politico feedback Why a Big Union Is Snubbing Biden, Doing Industry’s Dirty Work and Creating an Opening for Trump

On one key difficulty, the UAW has aligned itself carefully with the executives it in any other case denounces: resistance to the crucially wanted clear vitality transition. It’s an embarrassing transfer that highlights the union’s short-term pondering, not simply in mild of the local weather disaster, however due to the union’s personal environmentalist roots and clear understanding that an electrical future is coming.

The union’s ambivalence towards a clear vitality future was made strikingly clear when the traditionally pro-Democrat UAW refused to endorse, for now, President Joe Biden’s re-election bid.

The resolution got here after the White House’s announcement of a $9.2 billion Department of Energy mortgage assure to Ford Motor Co. to assist construct an enormous battery plant, BlueOval City, in Stanton, Tennessee, a so-called right-to-work state. The mortgage accommodates no language requiring Ford or its three way partnership companion, South Korea’s SK On, a unit of a Korean chemical firm, to make sure union involvement.

The jobs in Stanton shall be “low road,” UAW president Shawn Fain predicted; Ford responded that wages paid shall be “competitive,” which in a right-to-work state guarantees to be much less encouraging than it’s meant to sound.

Trump himself has seen sufficient of a gap that he was moved to make a 3-minute marketing campaign video the place he inveighed with attribute eloquence, “I hope United Auto Workers is listening to this, because I think you better endorse Trump because I’m going to grow your business and they are destroying your business. They are absolutely destroying your business.”

“EPA must recognize,” the union insisted in its plea to ease the proposed laws, “that the current domestic auto assembly footprint is heavily weighted towards the profitable light-duty truck and SUVs that are tasked with funding the EV transition.”

Much of the Politico article is environmental fearmongering.

At the identical time, all of that is massively inflationary. EVs are costlier, the necessity for minerals doesn’t scale, and the push doesn’t do a rattling factor for the atmosphere.

What a hoot. Fain’s calls for are so preposterous {that a} strike seems unavoidable. Social and financial justice is one other hoot.

How Likely is a Strike?

CNBC feedback : A short survey of 99 buyers by Morgan Stanley discovered 58% imagine a strike is “extremely likely.” That’s adopted by 24% who mentioned it’s “somewhat likely.” Just 16% mentioned a strike was unlikely, whereas 2% mentioned it was “neither likely not unlikely.”

I put the chances at 90 p.c. The sides are too far aside, Fain is probably the most militant UAW chief ever, and the push for EVs will certainly value jobs as a result of EV engines have about 20 shifting components vs 2,000 or so for the standard inside combustion engine.

Jobs will vanish. Fain desires to cease that. He can’t nobody can. And the sooner the transition, the sooner the roles go.

This all performs into Trump’s fingers. I count on an extended, nasty strike. If the massive three give into the preposterous calls for of Fain, they’re all headed for chapter, GM for a second time.

Environmental Side of Things

The third hyperlink above is one other massive hoot.

The National Highway Traffic Safety Administration NHTSA did an impression evaluation of 4 gas customary proposals and in contrast them to the price of doing nothing.

Guess what.


Trade Commission-Free* Stocks, ETFs, Options, and Futures with The Award-Winning Technology of TradeStation.

*  *  *

Sponsored By: Tradestation

Subscribe to MishTalk Email Alerts.


Source link

Related Articles

Back to top button
Available for Amazon Prime