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The "biggest U.S. economic story of the year," according to Philip Greenspun: the U.S....

The "biggest U.S. economic story of the year," according to Philip Greenspun: the U.S. government’s lawsuit against Boeing (BA), seeking to prevent the opening of its $2B factory in South Carolina. "The prospect that Boeing’s $2B investment might be effectively confiscated by the government will be one more reason to build the next factory in a foreign country."
Comments (27)
  • Morg
    , contributor
    Comments (250) | Send Message
     
    Amen... This is about pandering to the union powers that be.

     

    I live in Seattle and there has been lots of moaning about Boeing trying to avoid the machinists. The machinists of course bring the move on themselves by striking every two years which provides Boeing with every reason to leave the state for one with right to work laws.

     

    This would be another example of unions pricing themselves out of the market. At least Boeing is trying to stay in country...for now....
    27 Apr 2011, 06:05 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    This is a clear case of Union Busting. it's been going on for way to long. They just pit one state or country against the others. Divide and conquer. No working person in the country should tolerate this &#!+. Might be a little different for those with a silver spoon in their mouth.
    27 Apr 2011, 08:10 PM Reply Like
  • Rhianni32
    , contributor
    Comments (1995) | Send Message
     
    Tell that to the 1,00 south carolinians about to lose their job that they should tolerate it.
    27 Apr 2011, 09:27 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    They're in a right to work state. That tells me the don't give a $#!+ if they have a job or not. If they did they would vote in people that would stop that "right to work" bullS#!+.
    28 Apr 2011, 12:52 AM Reply Like
  • Dave Faulkmore
    , contributor
    Comments (84) | Send Message
     
    Most people here have a pile of silver bars. Silver spoons are known as scrap. Don't think people put scrap in their mouths. That's an old wives tale. The silver bars can't fit in their mouths nor does anyone intend to eat them.

     

    Some people here buy coins or rounds cuz they wanna make a money chair or actually swim in them. Bars just stack well. Might make for a nice throne?!

     

    Sure there is many more uses for silver. Eating is not one of them.
    28 Apr 2011, 05:09 AM Reply Like
  • Morg
    , contributor
    Comments (250) | Send Message
     
    Monngie,

     

    Like I have said to you before, union busting only makes sense if the union makes itself so onerous that it motivates the company to find alternatives (like moving to a right to work state or another country).

     

    I do not feel that workers should be forced to join the union as a term of their employment. Unions were created for a good reason and have done some good things, but they have now become the monster by creating massive waste and corruption (especially at the government level). They should only exist when absolutely needed, not on a continuous basis. If an employer in a right to work state was mistreating the employees or providing unsafe work environments you would suddenly find employees willingly joining the unions to fight for the cause, even though they were not required to. When there was no mistreatment occurring the union would disband until something happened that was significant enough to warrant its resumption.

     

    States without right to work laws (like my own) that require union membership for employment force people to pay dues, some of which go to causes that they do not support, for representation they may not want. They also force the highest cost for the least amount of service for employers and make it impossible to cull bad employees. I have seen numerous stories about totally inept people just being shuffled to different departments instead of being fired because they belong to a union.

     

    Jobs are a thing that is earned, not a right.
    28 Apr 2011, 12:05 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    Bad idea. Learn lesson from dreamliner. All parts came from foreign had major faults which caused the big delay.
    27 Apr 2011, 06:06 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    tigersam, I agree.

     

    the aircraft coming out of South Carolina will have a lot of malfunctions due to the boggers the South Carolina "Nose Pickers" will be wiping on the critical components.

     

    The upside is South Carolina might consider joining the Union again.........No the other Union.....the USA. Though being a Damn Yankee I would discourage them from joining that union.
    27 Apr 2011, 08:16 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    I was talking about building the next factory in a foreign country. I was not talking about South Carolina. Does not make any difference for me weather is in Washington or South Carolina, as long as plain does not speak with southern accent.
    27 Apr 2011, 08:24 PM Reply Like
  • spald_fr
    , contributor
    Comments (2705) | Send Message
     
    from the linked article: [The biggest surprise has been the activist stance taken by Mr. Solomon, a career civil servant at the board for 39 years. He became acting general counsel in June 2010, and President Obama nominated him to be the permanent general counsel last January. The Senate has not yet confirmed him to the post.]
    27 Apr 2011, 06:12 PM Reply Like
  • Tack
    , contributor
    Comments (12761) | Send Message
     
    Obama and his socialist friends should simply nationalize Boeing on the pretext that it's too vital to national security to be in private hands. Then, they don't have to engage in these messy public lawsuits to serve the State and reward its union comrades.
    27 Apr 2011, 06:38 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    Keep telling the "Socialist" lie. If you tell it often enough people will believe you. Do you work for FOX???

     

    Let's see.......was the birth certificate good enough for you?
    27 Apr 2011, 08:19 PM Reply Like
  • mike8599
    , contributor
    Comments (583) | Send Message
     
    That's telling 'em Monngie... lol

     

    But you bring up a good point Tack, they would be a prime target for nationalization. Do you short Boeing or buy and hope for a payday ?
    27 Apr 2011, 08:45 PM Reply Like
  • bdarken
    , contributor
    Comments (417) | Send Message
     
    actually, we'd like to see his college transcripts too, and know who paid his way...
    Transparency, right?
    27 Apr 2011, 10:42 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    Jeez bdarken, I'm not surprised you want to see his transcripts. I am surprised you didn't say the birth certificate was forged.
    28 Apr 2011, 12:56 AM Reply Like
  • cynic2011
    , contributor
    Comments (652) | Send Message
     
    Why would anyone invest in the US when there are so many better places available?
    27 Apr 2011, 06:55 PM Reply Like
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    Shameful behavior and for all the nonsense written and said about Bernanke and the Fed. This. This one act is far more corrosive and destructive of jobs and enterprise than any other thing the Fed is purported to have done.

     

    Like the drilling moratorium. It is a sop to the special interests.

     

    This is why Obama is a mistake. He is not a leader. He must know this is wrong but he is unable and to weak to stand against the interests that are driving his re-election.

     

    To lead is to be unpopular from time to time with the very people who suport you.

     

    Obama fails on leadership.

     

    E
    27 Apr 2011, 06:59 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    The NOT SO FISCALLY CONSERVATIVE Republicans are a symbol of leadership. They were the "LEAD LEMMINGS in the financial crisis. Yes, they lead us right off the cliff.
    27 Apr 2011, 08:23 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    then watch the parts fall apart.Russia had great communist planes..lol....death traps
    27 Apr 2011, 06:59 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2878) | Send Message
     
    This is complete madness, like killing the person who feeds you.
    27 Apr 2011, 07:25 PM Reply Like
  • enigmaman
    , contributor
    Comments (2686) | Send Message
     
    Boeing made a deal with the devil and now the devil wants its due.

     

    Boeing owes its lively hood to Obama, Obama owes his presidency to the unions, the unions gives more then 95% of its dues to support the Democrats, the Democrats made sure Boeing reaped government rewards, Boeing went to the Democrats and Obama for contracts on bended knee, and so this administration's Export-Import Bank subsidized Boeing with nearly $15 billion in loan guarantees in the past two years -- roughly three-quarters of all of Ex-Im's guarantees during that time

     

    Paybacks are a bitch
    27 Apr 2011, 07:39 PM Reply Like
  • Machiavelli999
    , contributor
    Comments (829) | Send Message
     
    Unbelievable. This is something that happens in Russia, Venezuela or China. Now, it's happening here.

     

    It maybe the biggest story of the year, but it's completely out of the main stream media's eyes. I am actually not one to say the media is always liberally biased, but how could they possible ignore this story.

     

    And to read liberal blog sites justify this move is absolutely sickening. There was an article on HuffPo PRAISING this thuggery. It's UNREAL.
    27 Apr 2011, 10:38 PM Reply Like
  • bdarken
    , contributor
    Comments (417) | Send Message
     
    What genius group, in the middle of the worst recession in a generation, goes on strike, insisting on increased wages and benefits, while surrounded by millions of people who would love to do their job for LESS?
    We need to have a closer look at American education, eh?

     

    And we wonder why nobody wants to invest with this bi-polar government? (I love you/I hate you/I love you/I hate you)
    27 Apr 2011, 10:46 PM Reply Like
  • Jim Nelson
    , contributor
    Comments (78) | Send Message
     
    There are two classes of people in the United States. Those people who collect government benefits and the taxpayers who pay for those benefits.

     

    These "forced benefit payments" are bankrupting our states, cities, counties, schools, etc. Union or socialist government are one and the same in bed together.

     

    When Obama administration in bed with organized labor force Boeing or any other company to move to pro-labor state the customers of these companies are forced to pay for the much higher costs incurred in production. I.E. in the case of Boeing expect the price of airplanes to go higher which in turn forces the price of consumer flying to go higher. This amounts to forced price increases to consumers which is exactly the same as a tax forced upon the consumer.

     

    Unions love this as their motto is "shorter hours and more pay for less work." America cannot be competitive in the world economy with all this forced taxation which raises production costs.

     

    To make America competitive again, better to teach our youngsters investing in school so when they graduate they can spend their time building wealth for their own security instead of marching and chanting slogans written by labor goons to get higher pay, more benefits etc., and striking and shutting down America's production to get them. This will only continue the never-ending cycle of inflation.
    27 Apr 2011, 11:47 PM Reply Like
  • Ken Solonika
    , contributor
    Comments (165) | Send Message
     
    A link to a web blog? Really?
    27 Apr 2011, 11:58 PM Reply Like
  • kmi
    , contributor
    Comments (3984) | Send Message
     
    Man I read just read about this here:

     

    washingtonexaminer.com...

     

    And sorry but I read this as 'big crony capitalist company that pockets billions from the government trough is pissed caused the government wants a little tit-for-tat.'

     

    That tat is no doubt troublesome - the unions all but crushed Boeing's with their strikes - but uhhhh.... Boeing was the one opening that door by sucking from the government bosom.

     

    Kinda a non-story if you ask me. They don't want to be strongarmed by the government, they shouldn't be openhandedly accepting guv't money.
    28 Apr 2011, 08:19 AM Reply Like
  • Morg
    , contributor
    Comments (250) | Send Message
     
    KMI,

     

    The only thing I would say to your point is that its not like they are outsourcing to China. We are talking jobs in one part of the country for jobs in another. The only difference is the union involvement. My guess is the powers that be are trying to head off a mass exodus of major companies to right to work states as it would erode the Dems power base.

     

    Overall I agree with your point.
    28 Apr 2011, 12:12 PM Reply Like
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