Goodbye Barry - Welcome Home AMERICA!

Showing posts with label inept management. Show all posts
Showing posts with label inept management. Show all posts

Saturday, February 27, 2010

LABOR UNIONS HELPED US REACH ECONOMIC DEPENDENCE

The United States has the bloodiest history of labor of any industrialized nation on Earth. It is a story rich in human drama and tragedy. It is also one of progress and hope. For example: Janitors at General Motors are compensated at the rate of about $30 per hour. Assembly line workers are compensated at around $80 per hour. Considering that neither of these positions requires even a high school diploma to fill, there seems to be something incredibly wrong with their pay scales. Entry-level, unskilled labor rarely earns more than the prevailing minimum wage. And, unskilled labor - even with 10 years experience in whatever their field - is lucky if they are earning 50% over minimum wage. Learn a skill or get an education... but, if you fail to do either, learn to enjoy your career at McDonald's.

Pushing a broom and swinging a mop is not rocket science. Running a pneumatic nut driver, placing the same nuts on the same bolts for 8 hours per day doesn't even approximate brain surgery. Granted, they are both necessary and honorable ways of earning a living, but at that level of compensation they are earning two or three "livings". Labor compensation packages are a major part of the price of American-made automobiles... that, and corporate greed. Since 1935 the compensation packages for automotive workers have been negotiated by the United Automobile Workers union (UAW). The UAW is also known as the United Automobile, Aerospace & Agricultural Implement Workers of America International Union, and is a part of the AFL-CIO (American Federation of Labor - Congress of Industrial Organizations). The AFL-CIO is without doubt the largest union organization in the world.

Labor unions - on a relatively small scale - probably began in the USA in 1778, when the New York City journeyman printers united and gained an increase in wages. Apparently the idea of "unionization" didn't catch on right away, because the next notable action of that type didn't occur until 1785, when New York shoemakers struck for three weeks, and in 1786 printers of Philadelphia staged a successful walk-out strike for higher wages and gained a minimum wage of $6 per week. Keep in mind however, that in the 18th century 10¢ per hour was a better-than-average wage. And, in 1792 the Philadelphia shoemakers formed the first local craft union for the purpose of collective bargaining.

Thuggery was a common practice in both union organizing practices and union busting practices. Workers who spoke out or acted against the interests of union organizers frequently found themselves on the wrong end of an axe handle or billy club. Those beatings were simply warnings. If the worker was stupid enough to continue speaking out against union organizers, he might have found himself crippled... or sometimes even converted to a corpse by union thugs. There was an equal amount of blood on the hands of company officials as well, who would hire "special police" (read: "goon squad") to confront the union thugs - either in an all-out donnybrook, or in a 3 (or more) to 1 ratio, in order to explain the company's labor philosophy. Each entity would try to out-thug the other thugsmeisters. Union organization was a very messy undertaking (no pun intended) in the late 17th through the early 19th century.

Today, at the beginning of the 21st century, we are faced with labor unions being backed - and even being enthusiastically presented - by the current Administration in Washington D.C.
They are stacking the National Labor Relations Board (NLRB) with radical nominees who will put forward the Employee ‘Forced’ Choice Act via administrative action. Union bosses are pushing forward with efforts to represent airport screeners. One single thread runs throughout: an insatiable desire for money and power on the part of Big Labor bosses. Have they not heard that we are in a depression? We are suffering from a national financial hernia! If we keep applying pressure it will rupture... and our nation will bleed to death. Can you imagine the turmoil if the National Security Agency, the CIA, and the Transportation Safety Administration were to become unionized? Imagine even a brief, 1-hour work stoppage at Kennedy, O'Hare or LAX. Thousands of business meetings, surgical appointments, freight deliveries, etc. would be missed, and some possibly lost forever. Now imagine a 24 hour strike, or a week-long strike... the ramifications are mind-boggling.
Once upon a time, unscrupulous business owners and uneducated workers made unions a "necessary evil". Those times have passed. For the most part workers are no longer uneducated... but, there are still those business owners who would consider attempting to take advantage of the working class. I say "consider" because even the unscrupulous realize that workers are smarter today, and that they are basically familiar with federal and state labor laws. They are also aware that they can leverage businesses into making certain adjustments in compensation packages by simply organizing the employees of that business and initiating a sit-down or walk-out strike at the local level. There is no need for national, dues-collecting unions - they have outlived their usefulness. National unions do nothing but add to the cost of production so they can take (dues) from the workers. If collective bargaining negotiations at the local level cannot resolve issues between management and labor, an arbitrator would be used to facilitate that resolution. If either side refused to comply with the arbitrator's recommendations then an administrative law judge would have the final word. (It sounds like a workable plan to me... but I am also aware that I tend to over-simplify sometimes.)
Union membership was once a symbol of true, demonstrated craftsmanship. Today it is a symbol of security for the barely competent.
THERE SHOULD BE NO UNIONS CONTROLLING GOVERNMENT FUNCTIONS!

Tuesday, January 6, 2009

Political Plums Being Harvested Already - Leon Panetta To Head CIA ... Was Sean Penn Unavailable?

"WASHINGTON (Reuters) – President-elect Barack Obama has chosen former White House chief of staff Leon Panetta to lead the CIA, which has been widely criticized for harsh interrogation of terrorism suspects..."

I don't know who to feel the most sorry for - Obama for his stupid choice for CIA Director; Panetta for being so far out of his element; or the American people ... for having to suffer a fool in either office! Kiefer Sutherland, based on his "experience" as Agent Jack Bauer in the TV show 24, probably knows more about the internal operations of the CIA than does Leon Panetta. Panetta is best known as President Bill "Zipper" Clinton's Chief of Staff, and as a budget expert who tamed deficits in the Clinton White House. I'm confused ... how do either of these positions - or anything else in Panetta's résumé - qualify him him to oversee the largest single intelligence function of the United States Government?

So far, it appears that not only do we get a President with no proven qualifications, now he has shown himself to be foolish enough to surround himself with equally unqualified cabinet members. Or, does his Cabinet provide a buffer zone of deniability, selected by careful design to insulate Obama from policy failures? Is there more treachery afoot than meets the eye?

Obama's first really big mistake will be to turn his back on Israel. I could be wrong ... but I'm NOT!

Monday, September 15, 2008

FreddieMac and FannieMae, Doodah, Doodah ...

Why is it, that corporate CEO's who (mis)manage the corporation for which they are ultimately responsible into bankruptcy or government bailout, always get a multi-million dollar departure gift? This is especially true when the product being managed is MONEY!

Let me see if I can figure this process out ...

1. I have been appointed as the CEO of XYZ Financial Management Group. The "job" pays me $22M simoleans per year.
2. In return for that outrageous sum of money, I am responsible for insuring that the corporate assets are invested in such a fashion that the corporation receives a statistically reasonable return on said investments.
3. I achieve the above by managing the human resources immediately below me in the Corporate Senior Management hierarchy - the Chief Financial Officer; the Chief Operating Officer; the Chief Administrative Officer, etc. - and I am responsible directly to the Chairman of the Board of Directors (or I may, in fact, BE him ... in which case I am responsible to the stockholders).
4. I play golf Monday, Wednesday and Friday mornings, drop by the office about 11:30am, then have a "business lunch" with my corporate cronies at "The Club" from around 1:00pm until ... oh, 2:30-ish. After such a sumptuous meal, a good massage is always in order, and I get back to the office around 4pm and waste the next 15 minutes waiting for my chauffeur to arrive so he can drive me home.
5. On Tuesdays and Thursdays, the only change to my routine is that I play racquet ball in the mornings.

As you can plainly see, my job is one of responsibility, as opposed to effort. I get paid for accepting responsibility for those beneath me, who have a more realistic level of responsibility. Their jobs require that their respective divisions actually accomplish something! Using a stagecoach analogy; they are the horses that pull the coach ... I am the coachman who chooses the direction in which they travel. I do proportionately little, but then, I don't work for hay. However, if the stagecoach doesn't reach the appropriate destination, can I blame the horses?

How many of us have held jobs where we were rewarded for our failures? Let's have a show of hands ... just one hand! (Okay Barack, you can put your hand down now.) These "Golden Parachutes" are ridiculous. (Basically, a A golden parachute is a contractual agreement between a company and an employee (usually an upper executive) specifying that the employee will receive certain significant benefits if employment is terminated. Sometimes, certain conditions, typically a change in company ownership, must be met, but often the cause of termination is unspecified. These benefits may include severance pay, cash bonuses, stock options, or other benefits. They are designed to reduce negative incentives should the company change hands, not to protect some corporate Phoenix who burns his company nest! There should be federal regulations allowing corporations or receivers to negate a Golden Parachute clause when the company fails due to the action/inaction of any, several, or all executive officers. If XYZ Financial Management Group can't file criminal charges against me, and/or my subordinates, they should at least be able to refuse any further compensation. I have destroyed their company through my own mismanagement/non- management of available resources!

But, that's just the way I see things ... am I wrong?