Seeking Alpha

A port strike looms this weekend that could paralyze cargo traffic from Maine to Texas. Nearly...

A port strike looms this weekend that could paralyze cargo traffic from Maine to Texas. Nearly all retailers could be affected, but none more than Home Depot (HD) and Lowe's (LOW) as Christmas comes in spring for the home-improvement industry. The President has the power to force workers back on the job, but the White House is mum at this point.
From other sites
Comments (9)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    So glad the unions give a damn about America...good job boys..lets see the states start passing the open work laws and get rid of this crap..
    28 Dec 2012, 07:48 AM Reply Like
  • rasanders22
    , contributor
    Comments (541) | Send Message
     
    I have no problem with the idea of unions. Our relatives fought very hard for the right to unionize. If I want to join a union I want to be allowed to. However, if I don't want to join one, don't make me. Right to work should be instituted by all states. Let the people decide if they want to be in a union.
    28 Dec 2012, 11:59 AM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    Keep America strong: Union jobs.
    Republicans preach daily that minimum wage (7.25 hour) jobs and food stamps-Medicaid-public housing-paying no federal taxes, is the way to great prosperity for workers.
    28 Dec 2012, 08:11 AM Reply Like
  • Windsun33
    , contributor
    Comments (4277) | Send Message
     
    Terry, you obviously have no clue about what is going on, nor about the relic of the container bonus, nor how much a strike would hurt millions of other Americans so that some Mafia aligned unions can make 2-3x what the average makes.
    28 Dec 2012, 08:35 AM Reply Like
  • rasanders22
    , contributor
    Comments (541) | Send Message
     
    Mabye the dock workers union will do the same thing to our dicks that they did to the auto and steel industry.
    28 Dec 2012, 12:02 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Terry..they are putting America at risk on a very old container service charge rule that should be changed..needs to be changed...but no...Unions don´t change until they are gone...see ya
    28 Dec 2012, 08:27 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    "The President has the power to force workers back on the job, but the White House is mum at this point."

     

    What is the legal source of this power?

     

    The power to "order workers back on the job" and the power to "force workers back on the job" are two different things. Only the old Soviets knew how to achieve the latter, and only in Siberian canal projects.

     

    Do the people have the power to order the President to work?

     

    Who would of thunk that when they said "Forward!" they really meant:

     

    Fore!
    28 Dec 2012, 09:41 AM Reply Like
  • moneyTalksBSWalks
    , contributor
    Comments (193) | Send Message
     
    GO UNIONS. Education, effort and self reliance are no longer the 'American Way' Ganging up and sticking it to the employers and other Americans is the way forward and unions are doing a fine job of it. Only in union wonderland can high school educated folks doing clerical jobs be making 160K plus total comp and have about 3 mos of annual vacation - a la Los Angeles Port. Any surprise on why port workers elsewhere are also inspired? Unions and CA are doing a fantastic job in defining a new world for all of us. Kudos.
    28 Dec 2012, 10:36 AM Reply Like
  • Windsun33
    , contributor
    Comments (4277) | Send Message
     
    "..A small band of longshoremen — including relatives of famous mobsters — were paid for working more than 24 hours a day, every day of the week, at the ports of New York and New Jersey.."

     

    http://bit.ly/TupSAD
    28 Dec 2012, 10:46 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector