Thursday, May 28, 2009

Update on the Employee Free Choice Act

Looks like the Congress is looking toward dropping the part of the Employee Free Choice Act that would have removed the secret ballot for employees deciding whether or not to have a union. That's good news.

But the more dangerous part is still under consideration. The Act says that if a union and company management can't reach a contract deal in 90 days, then the U.S. government can come in and decide the contract for both parties.

That is very frightening especially given the recent government strong arm tactics in the Chrysler bankruptcy and coming GM bankruptcy. The government basically pressured lenders to forego their rights in a normal bankruptcy filing and asked them to lose 90% of the money they have loaned these companies. Then President Obama had the nerve to call these lenders greedy speculators for wanting to get their money back. Turns out some of these "greedy" people are Illinois teachers, policemen, and firemen. Their pension funds loaned money to GM and Chrysler thinking it was a very safe investment. These pension funds will lose 90% of their money invested in these companies. What greedy people they are actually wanting the return of their money. But we needed to save the UAW union after they and company management ran these companies into the ground.

So now we want to give even more power to the government in deciding union contracts with the Employee Free Choice Act. I think we know who the current government will support.

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