Category: New Blog
My latest blog, Union Workers’ Greatest Enemy: The Collective Bargaining Agreement, is available on FredSauerMatrix. To read it click here.
This article addresses the rise and fall of two great American Institutions: free assembly unions and the American Automobile Industry. In 1937 after the Flint Sit-Down Strike, GM reached a deal with the UAW to recognize it as the exclusive bargaining representative for GM’s factory employees. The impact for both GM and the UAW employees proved to be dramatic as the UAW progressively demanded more in wages and benefits and more of a managerial role in GM and the other legacy automobile companies. I use facts, first-hand stories and thorough analysis to show that the UAW’s demand, and GM’s acquiescence, for a role in managing GM and the other US automobile companies ultimately paved the way for massive layoffs of union members and the rise of the foreign automakers in the US market.
My latest blog, Incompetence is the Charitable Explanation of The Federal Reserve Board’s Behavior, is available on American Thinker. To read it click here.
This article addresses the blatant mismanagement of the economy by the Federal Reserve Board of Governors through their policy of quantitative easing and zero interest rates in light of clear and convincing evidence from the US and around the world that inflation is rapidly rising in every sector of the world’s economy. Despite the incompetent words of some Federal Reserve Governors, I use facts from the US and around the globe to show that inflation is rearing its head in some of the major commodity markets as a precursor to 1970’s style inflation. While many influential investors and bankers have raised the alarm, the Fed continues its reckless policies of printing money.