Proofs Unions do NOT care about its menbers

Boeing7,000 technicians have voted to strike because they do not want to have their pension funds transferred to an IRA - just like most other wage earners. OK - I can se the self interest in their wishes.
But the other 15,000 Boeing workers who voted for the plan will also be hurt if the 7,000 techs strike.

Then there is the ability of Boeing to become profitable. This is absolutely important. If Boeing goes out of business than all 22,000 Boeing workers will be out of work.

By striking, these 7,000 Boeing union workers will cause financial problem for Boeing. And Brazil's luxury jets or France's Air Bus will replace the orders that were given to Boeing. Gone will be the profits for Boeing. So even if the 7,000 tech union workers win and keep their pensions, they will not get anything contributed into the pensions because there will be no Boeing profits for several years.

The 7,000 tech workers and the 15,000 other Boeing workers would be better served if they just accept what almost all workers (including office workers) have for their retirement savings - the IRA.

 I also believe that as part of the negotiated package, that executives making more than 100,000 have their salaries cut by 5%; and those making over 175,000 have their salaries cut by 10%; and everyone making more than 250,000 have their salaries cut by 15%; And everyone making more than 500,000 have their salaries cut by 20%. Now something like this would be fair to all since it is the company that needs bailing out and "sacrifice should be shared by all workers - union members and executives alike."

Additionally, The executive pensions need to be converted to IRAs at the same time all the other workers have their pensions transferred to IRAs.

And that's the way I see it...
Straight Talk with Jay Clifford.