The Core of the Problem in the Auto Industry
Originally Posted by JoeyBalls,Sep 18 2008, 01:16 PM
believe me, it takes more training to fly an airplane then it does be a CEO, with a BOARD of DIRECTORS.............. 

Originally Posted by JoeyBalls,Sep 18 2008, 12:16 PM
believe me, it takes more training to fly an airplane then it does be a CEO, with a BOARD of DIRECTORS.............. 

At the end of the day, there are a lot of people with your skills. Many of those people are currently out of work or on furlough or reduced hours because of the problems in the airline industry. It's all about replacement cost. If you make $200k, and we lay you off and then offer your job up for $150k, you think we couldn't find 10 other people who would be thrilled to do your job for $150k? Of course we could.
Originally Posted by JoeyBalls,Sep 18 2008, 01:19 PM
how intelligent are these CEO's if all of their companies are going Bankrupt
In both cases, a small minority.
Originally Posted by JoeyBalls,Sep 18 2008, 12:17 PM
yes, of course they can but what you dont realize is most of the rules that non union airlines share was only brought on because the UNION PILOTS fought for it!
Yes, unions helped bring those rules about. Thanks. But, those rules are now here, and enforced by law. So why do we still need the union, if we have the rules?
Originally Posted by Chris Stack,Sep 18 2008, 09:19 AM
But more people have the training to be a pilot than have the training to be a successful CEO. The fact that it took a lot of training doesn't really make a difference.
At the end of the day, there are a lot of people with your skills. Many of those people are currently out of work or on furlough or reduced hours because of the problems in the airline industry. It's all about replacement cost. If you make $200k, and we lay you off and then offer your job up for $150k, you think we couldn't find 10 other people who would be thrilled to do your job for $150k? Of course we could.
At the end of the day, there are a lot of people with your skills. Many of those people are currently out of work or on furlough or reduced hours because of the problems in the airline industry. It's all about replacement cost. If you make $200k, and we lay you off and then offer your job up for $150k, you think we couldn't find 10 other people who would be thrilled to do your job for $150k? Of course we could.
I would also like to note he too took a $40,000,000.00 Bonus after he asked all CAL employees to take huge paycuts..............
Originally Posted by JoeyBalls,Sep 18 2008, 12:24 PM
of course, but being a CEO is really just being elected by the Board, and an MBA, but its not really a requirement, look at Gordon Bethune, he was a Continental Mechanic and he made it to CEO, turned CAL around, even wrote a book, "from worst to first", he did a great job
I would also like to note he too took a $40,000,000.00 Bonus after he asked all CAL employees to take huge paycuts..............
I would also like to note he too took a $40,000,000.00 Bonus after he asked all CAL employees to take huge paycuts..............
If not, what's your point?
Originally Posted by Chris Stack,Sep 18 2008, 12:08 PM
In terms of profit, no, of course not. But Joey here was claiming the Union was necessary to maintain the SAFETY of the airline, not the profit. You can run a safe program with no union, as the military has demonstrated.
I'll admit that I'm no expert in the airline industry, but if there were no unions and the entire workforce for an airline company were to walk out, in this climate I'm sure they will be able to get it back up and running within a quarter's time. You have to keep in mind, without the pressure of a union and having the threat of being replaced in a week's notice, a lot of paycheck to paycheck workers won't be so bold to walk out on a job they struggled to get into in the first place. The producer will lose a decent amount of money upfront, but given the starving unemployed airline workers out there, they'll save in the long run. Thing about unions is that if they were to walk out, the producer cannot hire without the unions' approval. Before there were union laws, when unions walked out and picketed, those picket lines weren't there for show, they were there to blockade potential workers from going in and out, harassing them and the such.
For example, if GM didn't have to deal with the UAW and does the ungodly thing of saying we're dying, we're cutting all wages to 35K a year, switching to 401k with no pension, and doing a high deductible health savings plan instead of hmo or ppo, take it or leave it, you will see a migration of unemployed workers waiting outside hawking to fill a vacated position. GM's stock will not suffer, and it will certainly do better in the long run.
For example, if GM didn't have to deal with the UAW and does the ungodly thing of saying we're dying, we're cutting all wages to 35K a year, switching to 401k with no pension, and doing a high deductible health savings plan instead of hmo or ppo, take it or leave it, you will see a migration of unemployed workers waiting outside hawking to fill a vacated position. GM's stock will not suffer, and it will certainly do better in the long run.







