Tag: unions

The American public should applaud fast-food worker unionization

Fast-food workers were ‘striking’ yesterday …

Fast-food workers and labor organizers are marching, waving signs and chanting in cities across the country Thursday amid a push for higher wages.

Organizers say walkouts are planned in 100 cities, with rallies set for another 100 cities. But it’s not clear what the actual turnout will be, how many of the participants are workers and what impact they’ll have on restaurant operations.

Unless you are a McDonald’s Corp. shareholder you should be applauding this move.

Why?

Because America faces an obesity epidemic. The prevalence of affordable fast-food in the populace’s diet has likely contributed to it.

If fast-food workers unionize, prices will go up. People will then eat less fast-food, and subsequently lose weight. The fat problem dissipates, and along with it health issues and related costs of treating type 2 diabetes, high blood pressure, coronary artery disease, and even sleep apnea.

Fast-food workers unite! Please unionize, fast. Demand a defined-benefit plan while you are at it.

If we are really lucky, the entire industry will wind up like Detroit.

MG signing off (because there is a silver lining in every unsold Big Mac)

High finance deserves the middle finger

The bird is the word…

  • In a ‘who drew up the f-ing covenants’ moment, GM just received bailout money but is [insert still, perpetually, or if you feel like being witty, surprisingly] having problems getting labour costs in line. Bankruptcy filing, a certain middle finger to the public, is still on the table.
  • Long ring fingers as compared to index fingers may point to more success amongst traders. And a longer middle finger on the hands of bank CEOs gets the banks more bailout money too…
  • The same goes for the politicians when it comes to selling more US Treasury securities to unsuspecting investors, before sending out the default notices.
  • As for tech, analysts are giving the middle finger to Sony, and Apple probably isn’t far behind.
  • And on an unrelated note, today in People

  • Paris Hilton’s website is infected with malware. Information Week is actually telling the story instead of the tabloids, so if you’re a ‘Hollywood-type’ you can assume the headline isn’t just some codespeak for Ms. Hilton giving you the middle finger.

Adieu.