We're All Union Members Now
Did you get your card? Are you planning to vote in the upcoming steward election? What -- you didn't know you are a member of the UAW?
Yes, the UAW. The Unwise Auto Workers. The union that helped crash the storied American automobile industry in which many of them were employed. Thanks to the Democratic Congress' auto bailout legislation -- the "government meddles in private industry" legislation -- American taxpayers are now the proud majority owners of General Motors.
But while Americans may think our government bailed out an auto company, Congress is more accurately responsible for the bailout of a union. From Timothy P. Carneya, writing in the Washington Examiner:
The union's $1.98 million to Democratic candidates last cycle (not counting the $4.87 million in independent expenditures to elect Obama president) is more than any PAC spent on Republicans.
Obama, who has never held a private sector job, sought to save the workers and unions which supported him.
We can add our ownership of GM to our stakes in Chrysler, selected banks, and other corporations, all of which Obama claimed were "too big to fail" -- a slogan that defines our time of descent towards socialism. You may not have considered owning these auto companies in your 401(k), but you own them now and bear the pain of their losses. They seem to be bad investments, much like the $7 billion of bailout funding that Chrysler will not repay U.S. taxpayers -- a revelation that was buried deep within Chrysler's bankruptcy filing but confirmed by the Obama administration. All of this because the American industry responsible for creating the assembly line and producing the Model T has not been able to adapt, while foreign manufacturers do quite well building their vehicles right here in the United States.
Prior to the downturn, foreign manufacturers employed 113,000 American citizens, compared to 239,000 employed by the domestic auto industry. But the Big Three's hourly labor costs have been 65 percent higher than those of foreign competitors.
How is that possible?
In 2005, upwards of 12,000 UAW "workers" were paid -- stay in your chairs -- not to work. The Big Three and their suppliers paid billions to keep downsized UAW members on the payroll as part of a UAW contract.
One UAW member, Ken Pool, said he would show up to work and then do crossword puzzles. He earned more than $31 an hour, plus benefits.
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