No. of Recommendations: 1
Lots of wisdom in this piece:
https://acecomments.mu.nu/?post=406200There was once a time when I would have been aligned with management for a variety of principled economic reasons, but with the executive suites of US auto companies now full of radical leftists who see their role as being extra-governmental agents whose role is to help install a global eco-communist order, they've lost me. My principles do not require me to support any party, company, or principle that will result in a loss of my liberty.
This battle between the United Auto Workers and the Big Three auto executives is effectively a proxy war between those of us who wish for a future with gas-powered cars and those who want a future with electric vehicles only.
Corporate boardrooms used to represent the fiducial interests of their shareholders, but now they seem to have more in common with the WEF James Bond villain types:
Unfortunately, the UAW's leadership has done terrible harm to the rank and file by continuing to aid and abet Democrats, who in turn are seeking to destroy the traditional American auto business by legislating it away with EV mandates. And remember, the ultimate goal of 'the EV transition' is not to get people out of ICE vehicles, it's to eliminate mass-market car ownership altogether. There is no future for auto workers in the world the left is trying to take us to.Looking at the UAW's demands, the pay increase in the era of Bidenflation aren't unreasonable demands. This part about Ford's CEO pay is interesting...whenever the libs brought it up I'd roll me eyes. But increasing CEO pay should be tied to a company's success...but then you have this:
Ford Motor Co. CEO Jim Farley received nearly $21 million in total compensation in 2022'
The total compensation package that Farley, 60, earned last year included a base salary of $1.7 million, $15.1 million in stock awards, and nearly $2.8 million in bonuses. He received nearly $1.4 million worth of other compensation in the form of perks like the use of private aircraft and company vehicles.
That marked a 93% increase from 2020, when he became CEO.This guy's drive to electrify Ford is driving the company into the toilet, and he's taking 93% more than he did just a couple of years ago? That's ridiculous.
Overall, I agree with this statement 100%:
In this blue-on-blue battle between organized labor and globalist eco-communists, I favor the side that is currently the least threat to me, which is labor. 