Yellow Saga Ongoing

Every time I read an article on Yellow there is some driver, or drivers, quoted as saying how they couldn't believe this happened, they had no idea it was even possible, blah, blah, blah. I feel kind of crappy that thousands of drivers lost their jobs in this, but just how in the world could these folks be that F'in blind???, they were circling the drain for years.

 

To big to fail mentality

 

I saw a video of a yellow driver that hooked like 10-12 pup trailers together and was driving around a terminal somewhere….. it was kinda funny

 

That BS phrase. has pissed me off ever since a certain Administration coined that phrase 13 years ago
Nothing is to big to fail
Yellow had been failing for years
They finally couldn't tread water anymore .
And they only Employees that truely beived that were the die hard Union supporters

 

Big banks, big pharmaceuticals, big, financial institutions, the real estate market, Fannie Mae, Freddie Mac, Major airlines, The railroad industry, the list goes on and on. All have been bailed out repeatedly by the federal government, and would again and again and again. “Too big to fail” It’s basically the reason given by the federal government. How do they bail these industries out repeatedly? Print money and give it to them. Making your dollar that you worked hard for worth less and less every day.

 

Concept started in early 1970s, phrase entered popular lexicon in the 80s, and came roaring back in 2008, which was 15 years ago.

 

I wouldn't mind the bailouts so much if we repod the mansions, super cars, and investment accounts of anyone who was an executive or board member in the 10 years before the failure. Plus garnish any future wages above minimum wage until the tax payers are made whole.

 

Yellow didn't act like most companies that were going under. No layoffs, no debilitating cost cutting measures, etc. It's like a guy who got stabbed, then sutures and got right back on his feet. Outwardly he looks fine, but his spleen is knicked and his bowel is going gangrene. Three days later he bumps against something and the spleen ruptures, when the surgeon tries to do something, puss erupts everywhere, goes septic and dies.

 

Nothing is too big to fail. Not a company...and not a country. I fear we're about to learn that lesson.