Railway Strike Threatens U.S. Consumers

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Railway Strike Threatens U.S. Consumers Antony ## Reporter 11/26/22 (Sat) 23:50:04 2f8792 No.300244

By: Sarah Arnold

https://townhall.com/tipsheet/saraharnold

As a possible railway strike looms, the U.S. industry braces for impact.

One of the biggest rail unions rejected a deal earlier this week failing to approve contracts over concerns about demanding schedules and the lack of paid sick time.

Sen. Bill Hagerty (R-TN) is warning American consumers that it is “highly likely” a strike will happen in the midst of the busy holiday season.

>>“I think it’s highly likely,” Hagerty said, adding “I mean, you hit the nail on the head. The union bosses basically forced their union members to buck up and accept this deal just to get them through the…midterm elections. But now we’re seeing the reality of it. They only offered one additional workday — one additional sick day, I should say. The unions were asking for 15. That’s a big, big gap. Joe Biden declared victory, again, before the midterm elections. This was all, I think, part of the plan. But what we’re seeing now, the whole thing is coming unraveled and it’s going to be a real crisis, a $2-billion-a-day economic impact if you believe the economists’ estimates. I actually think it could be much greater, because if you look at the knock-on effects on supply chains, it will be significant.”

The strike can start as soon as December 9, and it wouldn’t take long for it to effect the economy.

https://townhall.com/tipsheet/saraharnold/2022/11/26/railway-strike-threatens-us-consumers-n2616394

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Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.

Anonymous 11/27/22 (Sun) 00:59:07 2f1c56 No.300248

"Conservative" "Republicans" often claim belief in and adherence to "free markets".

Free markets require the cooperation and compromise between Producers and Consumers, between Employers and Employees.

And yet most "Conservatives" and "Republicans" pledge support for corporate bosses, whilst dissing Workers.

The largest campaign donors to Sen. Bill Hagerty (R-TN) include:

Apollo Global Management (investment management)

Robinhood Markets (investments)

Goldman Sachs (Big Banking)

Mastercard Inc

I.e. - those corporations that stand to lose by a potential rail strike.

The largest Railways are:

BNSF

CSX

These five Big Rail corps control over 90 percent of rail traffic and revenue.

The largest shareholders of EACH Union Pacific (UP), CSX and Norfolk Southern (NS) include:

Vanguard, BlackRock, State Street, Geode Capital, and other of the largest Big Asset Management firms.

Berkshire Hathaway is the sole owner of BNSF.

In other words, "Conservative" Republicans" believe Big Rail should be protected by this cartel of Big Investment Banks, but that Workers should not be protected by unions.

P.S. - I'm certainly no fan of unions, but how else can anyone counter the power of the Big Investment Banks?

The "ordinary" "commoner" worker is fucked either way.

Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.