It's not so much even the managers, as it is who leads them. People without vision or direction, those with little value about anything but money. We need managers who can think for themselves, not those that just jump in any direction there told. We needed a change of paradigm.
A true collaboration, a melding of the minds, The new avatar. Most companies will die without this metamorphosis. Just as these people on this planet need to wake up and change. Life isn't always about what you can take out of it, but what you can give to it. You learn this in life if you live long enough, and become awake.
All the fear mongering is incredible. Not to mention the politicians parading out like lemmings. Politicians who know very little about economics, about production rates. About what it takes to really get an airplane off the ground. There are millions of parts to go into a plane. We are not making hamburgers, we're not Walmart employees. Why should we except Walmart wages.
It's managements fault if they're having problems. Perhaps they need better managers or at least somebody who can teach them. Better yet let's just get rid of all the layers of managers. Boeing could save billions. But that would be too easy. It's always easier to take away from the folks that actually do the work. Again unless you actually work there have no idea what you're talking about.
And what's worse is our own international Union is telling us this is a better deal? A better deal from what!
Only in America can McNerney make such a blunder on the 787 and still have a job, let alone making millions in bonuses. But I guess he plans to make up his mistake at our expense.
I have to agree with Morisretired, Airbus is not going to move assembly to another country, europeans would crucify their politicians. And the argument argument bodes well for Boeing to.
A critical view of pensions after their frozen! A must read for those were planning to vote on the third!
You'll have to Google this title as Yahoo refuses to let links you put in.
What To Do If Your Pension Is Frozen Or You're Offered A Lump Sum
Elonmusk, no I'm self taught. Barely got through high school. But I have
Chosen to educate myself. Everyone else can do the same just turn off that darn TV and learn to read.
If you do a Google search on Boeing pensions you find some information here's one from the Chicago Tribune. Excerpt.
Boeing is just the latest example in a long trend of private sector companies transferring – or attempting to transfer – their employees to defined-contribution retirement plans.
Seven in 10 Fortune 100 companies provide only defined contribution, 401(k)-style retirement plans to new employees today. This trend is in line with the private sector overall, where nearly 85 percent of employees are enrolled in 401(k)-style retirement plans.
Most of those companies, such as Boeing, have realized that defined benefit plans are unsustainable — Boeing itself has a companywide pension liability of about $76 billion that is currently underfunded by about $20 billion, with Boeing contributions varying anywhere from $500 million to $3 billion annually.
Don, also I never claimed that money would be transferred from the pension, I said the company would save by not putting into the pension anymore.
Don, this article came out on December 19. But is Yahoo no longer let you post the links I cannot do so. How did forward save 10 billion? It was stated in the article they saved 10 billion by getting rid of the pension. Boeing is a bigger company should save 15 billion.
So many of the posters here follow right in tune, not thinking beyond your emotion. Perhaps you should look at Germany, why the unions there get paid twice as much, putting out twice the product.
Soon there will be only two classes of wealth, the 0.1 percent & the rest of America in the third world. Every currency in history has collapsed! There is not a single Fiat currency that has remained. Look at other countries like Germany, Argentina, Zimbabwe, and 100 others. In time the dollar will end- how soon, soon. As all the "brick" countries are now colluding to end the dollars supremacy. They will do what our own citizens can't seem to, end the wars!
Unfortunately it will also end the middle class in America!
I suggest some of you read this four-part series. That is if you really want to know how the system works.
"The coming collapse of the petrodollar system" by Jerry Robinson
For those who are going to vote on the 3rd, ask yourself why there is so much fear, intimidation to push this vote through. Ask yourself who is more afraid, the company or the machinists? We have a contract till 2016. Perhaps it's the fact that the company will save billions and billions, by locking you into an 11 year contract with no strikes and no help with inflation when it gets out-of-control.
Just how much debt do you think a country can take?
There are many reasons why I am voting no. The more you dig into this the more you find out just how unsavory the whole thing is. Why Mr. Buffenbarger did you in a video in the past said never, ever give up your pension! Why the sudden change?
Is it all about union dues and keeping the members money flowing in? Has the man been bought off? I could go into the fact that Boeing most likely will make $25 billion off our yes vote.
Most likely 15 billion will be from the pension, no longer having to put money into it.
8.7 billion will come from the state of Washington tax payers. If you're wondering how I came up with the 15 billion it was an article Thursday before last. Stating that Ford had saved 10 billion in being rid of their pension. That GE would and Boeing would benefit also. Perhaps this is where Boeing got it's 10 billion to buyback stock from the Speea pension.
I can go into the fact that over 11 years and this contract you will be stuck even if inflation soars. Never mind that the government lies about it's cola formula. Or the fact that under the lawyers writing Boeing they could offload any or all parts of the 777x wings at any time.
With the fact that Mcnearney gets 264,000 a month on his pension. But be grudges it's union folks to the 2 to 4000 on theirs, and to get that 4000 takes 45 years.
Not only that, Mcnearney is pushing for employees to not get so security till their 70. I get the feeling they hope all die off before we ever get a dime of our pension.
But what is the real story. Could it be based on the illusion of money. The fact that our purchasing power has dropped 95% over the last hundred years. Thanks to the Federal Reserve and our politicians. How do you destroy a country within, by destroying its currency. Dumbing down the population so much they don't even notice it. It's the old story, put a frog in hot water it jumps out, put the frog in Warmwater and slowly turn it up, the frog dies.
You missed one, I guess you haven't heard of bail-in's. Now that the Wall Street can't demand bail outs. What people don't seem to realize is the government can make up the rules as they go along.
Now the press is really turning up the heat, telling us that Boeing has already won before we even vote.
Boeing wants to build it in the Northwest, I'm sorry so many can't understand how much they will benefit. It's all about Conquer & divide, young against old- whatever Boeing can do to win.
Don't be fooled if this contract is voted down they will be right back with the sweetener. Boeing has much more to gain than the union members.
They will win on pension 15 billion.
And when 8.7 billion from the state.
They already have the building in place.
They already have the workforce.
They already have access to water, access to roads.
I already have the international union in their pocket.
They already have the governor in their pocket.
They have the press in their pocket.
Now they want in your pocket!
Not to mention he wants employees to work to 70
Before getting Social Security.
If the pension goes Boeing will profit 10 to 15 billion,
On top of the 8.7 billion from the state.
Since 1998 Boeing has been a part of ALEC, a supposed
Non profit organization to push corporate agenda. ALEC is actually
A lobbyist group telling legislators what to put in bills
And what bills to bring to the floor.
Is it any wonder the Gov. Is a Boeing stooge. Not to mention
The press, another group of corporate stooges.