youaredumb's Comments youaredumb's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/257062/comments The Test of Wills at Boeing http://seekingalpha.com/article/95255-the-test-of-wills-at-boeing?source=feed#comment-266358 266358
Quoted from seekingalpha.com/artic...

"With the labor strike at Boeing's now entering its third week, Cramer said the real loser is not the aircraft maker or its employees but the company's suppliers. He put Boeing, along with all of its suppliers; squarely in the Thursday "Sell Block" segment. Cramer said with both sides of the labor dispute gearing for the long haul, Boeing's suppliers just cannot be owned. Included are:

Spirit AeroSystems, which derives 87% of its sales from the now idled Boeing, has already cut its workforce to a three-day work week and said layoffs are looming. The company will see a 6% hit to 2008 earnings if the strike lasts a month.

Rockwell Automation depends on Boeing for 14% of its sales. The company has just laid off 80 people.

Precision Castparts is Cramer’s favorite. Cramer said the company gets 17% of its sales from Boeing and will take a 1.7% earnings hit if the strike lasts a month.

Goodrich, maker of aircraft wheels and brakes, and composite maker, Hexcel, are at risk of big losses from a lengthy strike."

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Fri, 26 Sep 2008 16:46:05 -0400
Quoted from seekingalpha.com/artic...

"With the labor strike at Boeing's now entering its third week, Cramer said the real loser is not the aircraft maker or its employees but the company's suppliers. He put Boeing, along with all of its suppliers; squarely in the Thursday "Sell Block" segment. Cramer said with both sides of the labor dispute gearing for the long haul, Boeing's suppliers just cannot be owned. Included are:

Spirit AeroSystems, which derives 87% of its sales from the now idled Boeing, has already cut its workforce to a three-day work week and said layoffs are looming. The company will see a 6% hit to 2008 earnings if the strike lasts a month.

Rockwell Automation depends on Boeing for 14% of its sales. The company has just laid off 80 people.

Precision Castparts is Cramer’s favorite. Cramer said the company gets 17% of its sales from Boeing and will take a 1.7% earnings hit if the strike lasts a month.

Goodrich, maker of aircraft wheels and brakes, and composite maker, Hexcel, are at risk of big losses from a lengthy strike."

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Boeing Braces for Potentially Long Workers' Strike http://seekingalpha.com/article/95157-boeing-braces-for-potentially-long-workers-strike?source=feed#comment-256438 256438 If a non unionite gets jipped he looks for employment elsewhere...if he finds a better offer he takes it and shifts the labor market in favor of the other company....Boeing would then need to consider its pay and benefits package and maybe raise them to attract employees from the labor market...but if he doesnt find it he relooks at his pay and benefits package and says maybe this isnt too bad....I am actually better off than I thought.

A unionite feels jipped and says to his "brother and sisters" (you sound like a cult by the way)...I feel jipped, dont you feel jipped?...I cant wait for 1,2, or 3 years for our contract to come due...I am going to "fight" this time...I am not going to be "disrespected"...I will strike if I have to and show them who is "boss"...we have the company by the "balls" this time we can really make them "hurt"...they will have to give in to our "demands"...

And alas, that is the disconnect. The non union member sells his labor individually in the labor market and "knows" what the real world is like and what he is worth.
The unionites never look out at the real world...they believe they are entitled to their "demands" because well you see they have all grouped together and they will really make you hurt if you do not comply...they never look out the window at what is happening in the real world...they never gain the perspective necessary to sound intelligent on labor issues or the economy...they do not know how much to ask for or what benefits are appropriate because they do not know what their labor "should" be worth on the open market.

I see you unionites as a bunch of adolescent bullies on a train that is flying down a track that ends in an abyss miles down the way...some of you do not care because you will be getting off the train (retiring) before it gets to the abyss...but most of you are too stupid to see the abyss for what it is...you believe the train conductor (your union leadership) who tell you the abyss is not really there....so willingly you keep feeding the coal to the furnace and speed up the process....such insanity]]>
Tue, 16 Sep 2008 21:39:22 -0400 If a non unionite gets jipped he looks for employment elsewhere...if he finds a better offer he takes it and shifts the labor market in favor of the other company....Boeing would then need to consider its pay and benefits package and maybe raise them to attract employees from the labor market...but if he doesnt find it he relooks at his pay and benefits package and says maybe this isnt too bad....I am actually better off than I thought.

A unionite feels jipped and says to his "brother and sisters" (you sound like a cult by the way)...I feel jipped, dont you feel jipped?...I cant wait for 1,2, or 3 years for our contract to come due...I am going to "fight" this time...I am not going to be "disrespected"...I will strike if I have to and show them who is "boss"...we have the company by the "balls" this time we can really make them "hurt"...they will have to give in to our "demands"...

And alas, that is the disconnect. The non union member sells his labor individually in the labor market and "knows" what the real world is like and what he is worth.
The unionites never look out at the real world...they believe they are entitled to their "demands" because well you see they have all grouped together and they will really make you hurt if you do not comply...they never look out the window at what is happening in the real world...they never gain the perspective necessary to sound intelligent on labor issues or the economy...they do not know how much to ask for or what benefits are appropriate because they do not know what their labor "should" be worth on the open market.

I see you unionites as a bunch of adolescent bullies on a train that is flying down a track that ends in an abyss miles down the way...some of you do not care because you will be getting off the train (retiring) before it gets to the abyss...but most of you are too stupid to see the abyss for what it is...you believe the train conductor (your union leadership) who tell you the abyss is not really there....so willingly you keep feeding the coal to the furnace and speed up the process....such insanity]]>
The Test of Wills at Boeing http://seekingalpha.com/article/95255-the-test-of-wills-at-boeing?source=feed#comment-256415 256415
you have 25+ years of experience and come to Boeing obviously with your fired tail between you legs asking for a job...Boeing makes you an offer that you did "CHOOSE" and now you want to whine about it...please take you 25+ years of attitude someplace else...oh thats right no one else wants you...

Thank you for the insight by the way...if I could have started my career knowing that in 6 years I would be at 65k I would have been happy...that is what you idiots (I am using that as the nicest word I can think of) do not get...your whining sounds so pathetic to the rest of the country...so many people would be thankful to have the pay/benefits you have to do the labor you do...and if you cannot find enough GED candidates in Seattle than Boeing should move the plants to a better city/state...one that is not so nice to idiots...I mean unions.]]>
Tue, 16 Sep 2008 20:59:35 -0400
you have 25+ years of experience and come to Boeing obviously with your fired tail between you legs asking for a job...Boeing makes you an offer that you did "CHOOSE" and now you want to whine about it...please take you 25+ years of attitude someplace else...oh thats right no one else wants you...

Thank you for the insight by the way...if I could have started my career knowing that in 6 years I would be at 65k I would have been happy...that is what you idiots (I am using that as the nicest word I can think of) do not get...your whining sounds so pathetic to the rest of the country...so many people would be thankful to have the pay/benefits you have to do the labor you do...and if you cannot find enough GED candidates in Seattle than Boeing should move the plants to a better city/state...one that is not so nice to idiots...I mean unions.]]>
The Test of Wills at Boeing http://seekingalpha.com/article/95255-the-test-of-wills-at-boeing?source=feed#comment-256406 256406
Good luck on your search and good riddance...the quicker we loose jack asses like you the healthier this company will be...what do you do...push premade wire packets into door frames, connect a couple cannon plugs and call it a day...skilled labor...what a laugh...whats the OJT 3 days?...]]>
Tue, 16 Sep 2008 20:49:22 -0400
Good luck on your search and good riddance...the quicker we loose jack asses like you the healthier this company will be...what do you do...push premade wire packets into door frames, connect a couple cannon plugs and call it a day...skilled labor...what a laugh...whats the OJT 3 days?...]]>
The Test of Wills at Boeing http://seekingalpha.com/article/95255-the-test-of-wills-at-boeing?source=feed#comment-256401 256401
One last note…I am working on my MBA which “evil” corporate Boeing is paying 100%...you have no idea how many workers in America wished that their “evil” company provided this benefit…I have worked for Raytheon and Lockheed Martin and neither one had a pension…Raytheon wanted $11,000 a year for family medical...unionites live in a world of their own and do not get the real world and how good they have it...I love quotes from 20 and 25 year union veterans that show their clear lack of knowledge of real world economics and business...saving American jobs my ass…you are part of the problem.
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Tue, 16 Sep 2008 20:40:53 -0400
One last note…I am working on my MBA which “evil” corporate Boeing is paying 100%...you have no idea how many workers in America wished that their “evil” company provided this benefit…I have worked for Raytheon and Lockheed Martin and neither one had a pension…Raytheon wanted $11,000 a year for family medical...unionites live in a world of their own and do not get the real world and how good they have it...I love quotes from 20 and 25 year union veterans that show their clear lack of knowledge of real world economics and business...saving American jobs my ass…you are part of the problem.
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An Appeal for Sanity: Boeing's Impending Strike http://seekingalpha.com/article/94119-an-appeal-for-sanity-boeing-s-impending-strike?source=feed#comment-256399 256399
One last note…I am working on my MBA which “evil” corporate Boeing is paying 100%...you have no idea how many workers in America wished that their “evil” company provided this benefit…I have worked for Raytheon and Lockheed Martin and neither one had a pension…Raytheon wanted $11,000 a year for family medical...unionites live in a world of their own and do not get the real world and how good they have it...I love quotes from 20 and 25 year union veterans that show their clear lack of knowledge of real world economics and business...saving American jobs my ass…you are part of the problem.
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Tue, 16 Sep 2008 20:39:50 -0400
One last note…I am working on my MBA which “evil” corporate Boeing is paying 100%...you have no idea how many workers in America wished that their “evil” company provided this benefit…I have worked for Raytheon and Lockheed Martin and neither one had a pension…Raytheon wanted $11,000 a year for family medical...unionites live in a world of their own and do not get the real world and how good they have it...I love quotes from 20 and 25 year union veterans that show their clear lack of knowledge of real world economics and business...saving American jobs my ass…you are part of the problem.
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An Appeal for Sanity: Boeing's Impending Strike http://seekingalpha.com/article/94119-an-appeal-for-sanity-boeing-s-impending-strike?source=feed#comment-247212 247212 Sat, 06 Sep 2008 22:50:31 -0400