Dockworkers Strike

[pumpdog20]

My house got TP'd due to it being homecoming and my wife is a HS teacher... after I cleaned up the mess I'm good on supply for the rest of the year.

 

[GATTACA!]

 

[JadedDomer]

My index funds are up

Mine too. But at a much lower rate than 5 years ago.

 

[mrmcgrail]

How long would the line be if they were hiring for these dockworkers jobs? Miles long. Why? Because they are highly overpaid for their skill set. I’m more familiar with the west coast sunny weather jobs but they are making well into the six figures and most of them are not killing themselves doing it. Know many of them and on average if they’ve been doing it 10 years own a house values over a million dollars, don’t have college loans because generally went in after high school especially if they got their union card passed down by a family member. The hiring practices used for decades have been nothing like other companies. That maybe be changing now but still much questionable activity taking place. As far as automation goes agreement should be reached for US ports to be as automated as other industrialized countries. We cannot be letting the workers dictate how ass backwards we can remain. You can blame someone for the need for double digit annual raises given the double digit annual inflation.

Would like to see this resolved asap same with the Boeing strike. Not good for America.

This might be the dumbest thing I have read in a long time obviously by someone who has no idea how the trades work

 

[Irish2155]

I bet she got the $1.50 1/3 lb hotdog combo and maybe even the chicken bake.

Definitely not the chicken bake but can neither confirm nor deny the 1/3 pound hotdog. 🤷‍♂️

 

[Jimmy3Putt]

Hopefully someone points out that this could possibly be Landow’s fault

Soft tissue injury has shut down the ports!

 

[GrangerIrish24]

Soft tissue injury has shut down the ports!

I’d argue it’s the field turf

 

[Jimmy3Putt]

I’d argue it’s the field turf

Did Landow install it? If so, I agree.

 

[GrangerIrish24]

Did Landow install it? If so, I agree.

This guy sucks. Ultimately Swarbricks fault.

 

[NDRock]

I also agree that all corporations are too heavy. The one thing about the CEO’s though is they get paid to have their name pulled through the mud when anything significant happens.

Yet you don’t start threads when huge corporations get bailouts, tax breaks, etc… but some port workers want too big a raise. Keep simping for your corporate overlords.

 

[NDRock]

The Genovese Family sends their regards.

Damn mafia with their drug trade and gambling.

*The previous post was brought to you by Draft Kings and the Pfizer Corporation.

 

[Sea Turtle]

Can the Ports hire scabs for awhile to keep things going until they come to an agreement?

 

[GoIrish41]

My son-in-law is a Longshoreman on the picket line. It’s not a 77% raise they are demanding. It’s a 1.77% multiplier on their hourly wage. It’s about a 10% raise, which they will be locked into for the next six years. The raise they got from 2018-24 contract, by comparison, was 1.9%. But all are welcome to continue disparaging union workers based on bad information. As for me, I support the workers.

 

[BobbyMac]

My son-in-law is a Longshoreman on the picket line. It’s not a 77% raise they are demanding. It’s a 1.77% multiplier on their hourly wage. It’s about a 10% raise, which they will be locked into for the next six years. The raise they got from 2018-24 contract, by comparison, was 1.9%. But all are welcome to continue disparaging union workers based on bad information. As for me, I support the workers.

Hey 41...

Since your SIL is anonymous, do you mind sharing what he makes an hour?

NPR's Andrea Hsu is reporting ILA President Harold Daggett confirmed the following:

On job protections, the union wants absolute airtight language banning automation. And on wages, Daggett confirmed what had been rumored - that the union wants a $5 raise every year for six years. That would bring the top wage from $39 an hour to $69 an hour by 2030.

https://www.npr.org/2024/10/02/nx-s1-5135545/dockworkers-at-east-and-gulf-coast-ports-are-on-strike-for-a-2nd-day

 

[stlnd01]

It always amuses me how when CEOs and private equity investors and tech entrepreneurs negotiate aggressively they are innovative captains of American growth.
But when hourly workers organize and do the same they are greedy and short-sighted.

 

[stlnd01]

Hey 41...

Since your SIL is anonymous, do you mind sharing what he makes an hour?

NPR's Andrea Hsu is reporting ILA President Harold Daggett confirmed the following:

On job protections, the union wants absolute airtight language banning automation. And on wages, Daggett confirmed what had been rumored - that the union wants a $5 raise every year for six years. That would bring the top wage from $39 an hour to $69 an hour by 2030.

https://www.npr.org/2024/10/02/nx-s1-5135545/dockworkers-at-east-and-gulf-coast-ports-are-on-strike-for-a-2nd-day

Yeah I mean God forbid the skilled workers who make a crucial piece of the global economy function every day be well-compensated. We can’t have that. How will we afford toilet paper!

 

[GoIrish41]

Hey 41...

Since your SIL is anonymous, do you mind sharing what he makes an hour?

NPR's Andrea Hsu is reporting ILA President Harold Daggett confirmed the following:

On job protections, the union wants absolute airtight language banning automation. And on wages, Daggett confirmed what had been rumored - that the union wants a $5 raise every year for six years. That would bring the top wage from $39 an hour to $69 an hour by 2030.

https://www.npr.org/2024/10/02/nx-s1-5135545/dockworkers-at-east-and-gulf-coast-ports-are-on-strike-for-a-2nd-day

Not positive … it’s more than $30, but I don’t know exactly. He, his dad and brother all work at the Port of Baltimore and they all make a good living. But they earn their money. Not easy work.

 

[BobbyMac]

Yeah I mean God forbid the skilled workers who make a crucial piece of the global economy function every day be well-compensated. We can’t have that. How will we afford toilet paper!

What toilet paper? It's already been hoarded off the shelves.

 

[IrishLax]

It always amuses me how when CEOs and private equity investors and tech entrepreneurs negotiate aggressively they are innovative captains of American growth.
But when hourly workers organize and do the same they are greedy and short-sighted.

Bro nobody likes these people lol

And Mr. "I'm going to Cripple You" is closer to them or a mob boss than he is a "working class" person. Let's be real.

 

[stlnd01]

Bro nobody likes these people lol

And Mr. "I'm going to Cripple You" is closer to them or a mob boss than he is a "working class" person. Let's be real.

Maybe they have better PR then.

I don’t care about union bosses. Some of them are assholes for sure. And those get used to tar the whole enterprise like you just did. But for all their flaws, a union is a democracy, and if its rank-and-file members don’t want to go out on strike it doesn’t happen.

 

[BilboBaggins]

The union should be fighting for generous buyouts and generous funding for the retraining of personnel whose jobs are eliminated due to PROGRESS called automation.

I have nothing against unions. Generally speaking, we need more union membership as a percentage of the workforce. But the German model of the union being a part-owner of the company would be key here. Any union that stands in the way of progress and efficiency is selling out the long-term interests of their own members for short-term wins.

 

[BobbyMac]

Mine too. But at a much lower rate than 5 years ago.

Funny you say that... From today, the Dow is up 63% over the past 5 years (Oct 4 2019) and 63% during the 5 years prior going back to Oct 4 2014.

And if you played covid right, forget about it.

 

[zelezo vlk]

Not positive … it’s more than $30, but I don’t know exactly. He, his dad and brother all work at the Port of Baltimore and they all make a good living. But they earn their money. Not easy work.

Bro this is your SIL and his fam??

 

[IrishLax]

-- this basically captures my chief issue. I don't care how much they get paid. The idea that we should be intentionally holding back progress in the name of "jobs" is insane... and can be applied to every technological advancement of the last 100+ years. These guys also were against containerization, FWIW.

 

[BobbyMac]

Mine too. But at a much lower rate than 5 years ago.

Funny you say that... From today, the Dow is up 63% over the past 5 years (Oct 4 2019) and 63% during the 5 years prior going back to 10 years Oct 4 2014.

And if you played covid right, Bazinga!

 

[calvegas04]

Mine too. But at a much lower rate than 5 years ago.

I assume this will derail this thread but I assume you are wrong unless you had a better index 5 years ago.

 

[yankeehater]

That stuff was happening long before the minimum wage increases.

Meanwhile, McDonald’s is still taking in MASSIVE profits. Almost like corporations are never willing to pay fair wages

The franchises have been losing money for years and the problem is worsening. Franchisees are trying to dump their business in record numbers.

From a finance article I found on the topic.....

Cash flow for McDonald’s franchisees declined over $100,000 per location last year, down from record numbers in 2021, according to the National Owners Association and franchisees. This came despite a 5.9% increase in same-store sales last year, including 10.3% in the fourth quarter, which featured menu price increases of 10%.

But food costs rose faster. Wholesale food costs rose 14.3% year over year, according to recent federal data. Labor costs have soared, too, as have energy costs. So, while that Big Mac you ordered is a lot more expensive, less of it is going to the franchisee.

 

[yankeehater]

I have a lot of experience being a fully vested union member and also having been a CEO of a company. I found no union benefit for me as a young go getter being that most of the policies put forth in my industry hurt those who excelled as they were more to level the playing field. That was just my experience. My grandfather loved his union experience back in the days after WWII.

I was the CEO of a small company so was never paid in millions with any golden parachute or large stock option windfall. What I did gain from the experience was several ulcers. The stress of knowing every decision I made incorrectly might cause someone to miss a house payment or not be able to put food on the table kept me up at night. Until you have that level of responsibility, it is difficult to comprehend. I have no problem with the pay a CEO makes for a large corporation as long as they are profitable.

Like I said to many about those "nasty 1%ers". Their piece of the pie is not restricting anyone from also earning similar. If you have the talent and ingenuity, you can do the same.

 

[yankeehater]

How come no one mentions the union boss's salary of over $900k/year? Is that too much?

Who is Harold Daggett, the union boss behind port strikes who makes over $900K a year and once fought Mafia-link allegations?

The longtime blue-collar advocate has fought against alleged ties to the Mafia in the past while he led a luxurious lifestyle.

nypost.com

 

[Giddyup]

Like the Union movement but the merchandisers have a new excuse to pump that inflation. Federal Reserve*. Make American and there’s no problem