Support UAL employees--demand Tilton's resignation!

[blondeatlast]

The flight attendants have thrown down the gauntlet--no more negotiation until Tilton resigns.

http://www.unitedafa.org/mec/president/ltrs/details.asp?ID=125

But of course, it's all the employees fault that UAL has gone down the toilet.

But the business press really doesn't agree-Google articles NOT related to the labor unrest and they pretty much place the blame right where it's due.

It's time to place the blame where it belongs--on the piss-poor CEOs who still manage to come away with millions.

This is the start of something big. It doesn't take much; a friendly conversation at the airport or the water cooler.

The MSM is already buying UAL's contention that the employees sunk the airline--but we all know better.

Edit: Here's a link to a letter from a group of Senators concerned about the ruling. If you want to understand the real dangers of the ruling, it's all in here.

http://www.unitedafa.org/res/chaos/pdf/20050506_pbgc_ltr_congress.pdf

PDF file, btw.

[TahitiNut]

1. Not just the executives ... but the shell game of 'holding companies'

I think it's noteworthy that the holding company isn't facing bankruptcy. I think it's remarkable that corporations can, in effect, form multiple corporate entities with a 'firewall' for the liability side of the balance sheet and a semi-permeable membrane for the asset side of the balance sheet.

[blondeatlast]

3. If UAL drowns, the scam is exposed. That's the worst case

scenario.

I would hate to see it happen, but it's time to expose all the crap that is going on.

OTOH, I have nothing but sympathy for the employees. This is a scary time--a short strike, with Tilton's resignation, can save United.

A long one means the end of United and a lot of longtime UAL workers unemployed.

My heart is with them all.

[FloridaPat]

2. Isn't UAL the employee owned airline? And everyone knows

unions destroy corporations. Just because the CEO mismanagers things doesn't mean their at fault. At companies without unions, the mismanagement is covered up with all the extra money the company gets because they don't have to pay higher wages.

As for pensions - at least this one - maybe it's time to take a hard look at national health insurance. But then they probabaly will come up with someting else. There is a lot of money in those pensions. The steel mills bought annuities when they dumped their pensions and the annuity companies went bankrupt. So I think we the tax payers got stuck with that bill.