I would have to say that the only check against corprate greed in this Country is the labor unions. That is the only defense we have anymore. I have experienced this first hand my Father worked as a Corp. exec for a large american co. for 20 years but when he got close to retirement their thank you to him for all his hard work in bring the co. from #8 in their market to #3 in their market and making the shareholderes lots of money was a pink slip, a severence package, and some lame excuse about how they needed a younger man in his position tho take the co. into the future. He was 55 when that happened. He luckily found a job about 6 mos. later for less pay of course, and had just been demoted again for the same reason at the age of 63. He is wondering if he is going to be able to retire when he had planned at 65. I on the other had feel I have a better chance at being able to retire when I want than he does because of my union. They cannot just tell me they need a younger man in my position. Unions keep the playing field as level as possible for the Co. and the employees. That is how I think they benefit the people. Of Course there are many more reasons, Most of which have already been stated. But I thought you might like to see a little different side of the same argument. Also it has resently been stated that the currently the average salary and benefits for corporate executives of the largest co. in the country are running about 114 times higher than that of the rank and file employees of the same co. What is that they do that makes them so much better than us? I mean after all what's the big deal if they fail the golden parachute of multimillion dollar severance packages will catch them right. These people are just ordinary men and women like us. They have a job to do just like we do. But what happens when we don't perform up to co. standards? you're out, see ya!! don't let the door hit ya where the good lord split ya ,on the way out. They stand on the shoulders of the people underneath them everyday in order to make things happen and then see no problem with cutting those same people off at the knees for a dollar. Unions may not be able to stop this entirely but they give the average person recourse to deal with these actions.
Last edited by Traveler; 09-12-2006 at 02:00 AM.
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