Allied Waste and Waste Management issues

This is why I hate unions. Nothing but politics.

 

I'd say Allied has a part in this also. The employees worked 3 weeks without a contract. That sounds to me like an act of good faith on the Unions part.

 

There are several reasons some of the pension funds are struggling. And as long as people pull out it makes recovery that much harder. How did the 401K's do compared to the pensions in the recession? All it boils down to is the Co's do not like making those pension fund contributions. In many intences the Locals have cut the Co's some slack and let them fall behind on their payments and now that the economy is picking up the Co's are being asked to catch up. The Co's signed the contracts it is time to fullfill their obligation.

 

And true co. and union pensions are very expensive for companies. ( not that I care ) I believe the news just reported that the state of CA.,s employee pension plan is 25M underfunded ........ and look at GM, an estimated $1500 is packed into every sale to cover retiree pensions and bennies.

This will continue to be a bigger issue for employers. They are cutting it out in record numbers and there is not much we can do about it........

For a snap shot on public sentiment....... look at the Wisconsin Governor's recall election.