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- Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block.
Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.
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THC
I am a recently retired COO of a NYSE manufacturing company with international operations and have 35 years of experience in both union and non-union environments. I began my career as a union member. I am amazed that so little is being said about the real labor issue affecting the competitiveness of the American automotive industry. Inevitably the discussion goes to pay and benefits, which misses the overriding factor controlling total cost: WORK RULES. Work rules de-lever the efficacy of capital thereby contributing to significantly higher total costs and lower product quality. The notion that labor contributes 10% to the cost of a car may be valid under archaic accounting conventions. It is pure fantasy to think the impact of labor is only 10% of the total cost. Until American automotive company management and labor practice what their foreign competitors have long known regarding work rules, we are simply wasting money on loans, bailouts or any other attempts to bridge them to competitiveness. Work rules rob employees of the their natural desire to contribute and the opportunity to secure their own future. Those whose labor generates the greatest leverage on invested capital win. The winners can and should be well compensated. In an organization with competent management and good leadership employees find restrictive work rules demeaning. THC, Portland, OR
Just Wondering
Just wondering.....if you had worked for an employer for 30 years under a mutual promise that at the end of 30 years, you would be given $xxxx per month for the rest of your life - and then you went ahead and did the work, made future financial decisions based on that promise, and then retired, what would you do if it were suddenly taken away and you were close to 60 years old? How are you supposed to make it up NOW?
Richard Miller
Boycott all UAW products.If the Guvernment dosen't have the gutts to bring theese people down to earth,We the people must.
Al.
I just have one question. Does Ron Gettlefinger have a real job or his sole mission in life is to suck dry the blood of great american companies?
Ralph
UAW: United Auto Workers But doesn’t a more meaningful description of the “UAW” include the following??? Underachievers Automotive Welfare Unconstitutional American Welfare Unearned, Undeserved, Unmerited, Unnecessary, Unjustified, Undemocratic