Will UAW Strike?

[Snobdds]

Since the US is now is a debt spiral where we are on pace to add close to 5 trillion in one year to the debt, they will have to continue to inflate their way out of this mess.

The dollar is actually at it's most valuable it's been for years. The fed is defending the dollar as other countries try to settle oil in something other than petrodollars.

So if the dollar is the strongest currency going, and we have everything more expensive...that just shows inflation is the absolute worst thing that an economy can endure.

Few understand just how perilous the US is in financially.

Basically, the government is broke.

 

[ultrarunner]

My Euro friends have been saying this for some time... many of the educated elite feel the value of the US is our military capabilities...

 

[East30]

My long-term glass wholesaler said some of the window costs up 250%

Isn't glass made from sand.

Yes it is, with enormous amounts of natural gas.

 

[Snobdds]

My Euro friends have been saying this for some time... many of the educated elite feel the value of the US is our military capabilities...

Yep, the military is the only thing keeping the dollar the reserve currency of the world.

Empires don't last forever. If we keep putting Ukraine and now Israel on the credit card...it just puts the financial collapse closer.

At that point, Unions will fail to matter.

 

[lilranch2001]

Back on subject once again...

Fain order the workers at the Ford Kentucky Truck plant (where the Super Duty's as well as the Navigators are made, to walk of the job the day before yesterday, which they did, all 1800 of them.

The 'beat down' goes on.

Not sure if Fain's strategy will work, but I do know that the more workers he calls off, the faster the strike fund gets depleted and when that is gone, striking workers will have NO income at all as they cannot collect unemployment because they voluntarily walked of the job. However the workers that Fords and GM and Stellantis laid off due to supply shortages in their respective plants, can and will get unemployment benefits.

Yesterday I watched an interesting video of a father and son at the Detroit Auto Show looking at the prices on the new vehicles displayed there and commented that no one with a sane mind would pay that much for any of them. I have to agree, the automakers have priced themselves out of the market, whether through greed and stupidity, I have no idea.

All I know is I won't be driving a new vehicle, ever. Cannot afford one.

I have positioned myself very well financially in retirement, but I chose to drive a low optioned regular cab truck and paid cash for it when I bought it, in 2014.

I told myself that depending on how long I lived I hope that it will be my last vehicle.

I could easily afford to buy a new truck every couple of years, but I choose to save that money as a legacy for my heirs.

I really have absolutely no incentive to give Fain and his bandits any of my cash.

 

[lilranch2001]

Yes it is, with enormous amounts of natural gas.

As plentiful as sand is on earth, sand is going to be an up-and-coming “shortage” material.

It is totally amazing how many products a quality silica sand goes into.

 

[MossRoad]

My long-term glass wholesaler said some of the window costs up 250%

Isn't glass made from sand.

Why is the world running out of sand?

An increased demand for the vital construction material is having a significant environmental impact

theweek.com

 

[lilranch2001]

The silica sand from US Silica around the Ottawa Illinois St Peters Sandstone formation is also known as the “worlds standard in sand” per Marks Engineering Handbook

 

[Milo]

Back on subject once again...

Fain order the workers at the Ford Kentucky Truck plant (where the Super Duty's as well as the Navigators are made, to walk of the job the day before yesterday, which they did, all 1800 of them.

https://www.zerohedge.com/mark...lant-kentucky-strike

Kentucky is a right to work state.

Kentucky’s right-to-work law makes it illegal for a worker to be required to join or remain in the union of a unionized workplace. The law also makes illegal for workers to be required to pay union dues even if they directly benefit from higher wages and benefits negotiated by a union.

In 2017, Kentucky’s legislature passed, and the Governor signed, 2017 HB2 1, commonly referred to as the Kentucky Right to Work Act. The new law specifically amended KRS 336.130(3) to provide that no employee is required to become, or remain, a member of a labor organization, or to pay dues, fees, or assessments to a labor organization.

In 2018, the Kentucky Supreme Court ruled that Kentucky’s Right to Work Act was constitutional and could remain in effect. See Zuckerman v. Bevin, 565 S.W.3d 580, 605 (Ky. 2018) Kentucky’s Right to Work Act remains in effect today.

The union proposal for pay and benefits costs a few nickels shy of $150,000 per year for unskilled labor.

Fire them, put an ad in the paper for current pay and benefits. The line of applicants will be miles long.

 

[Oaktree]

My Euro friends have been saying this for some time... many of the educated elite feel the value of the US is our military capabilities...

Wouldn't put too much stock in that...Europeans have long looked down on the U.S., likewise many of the "educated elite" are members of the "blame America first" club.
I really can't think of another country in which I'd rather live.