John Ransom

On a day that Toyota has announced plans for a possible shutdown in the US because of supply problems in Japan, the United Auto Workers said that they are on the verge of the "largest boycott in the history of the global economy," according to the Michigan's Royal Oak Daily Tribune. The UAW is organizing the boycott to protest the refusal of transnational automakers to unionize employees in the US.

The head of the union, Bob King, has admitted that declining union membership rolls means that if the UAW doesn't "organize these transnationals, I don't think there's a long-term future for the UAW — I really don't."

He's given foreign automakers including BMW, Volkswagen AG, Toyota and Nissan an offer they can't refuse: Unionize their workers or else he'll single out one automaker and put the screws to them with a boycott. Never mind that the boycott will hurt workers, consumers and the economy.  

“This will be the biggest campaign ever undertaken. It will involve hundreds of dealerships,” said Dennis Williams, UAW Secretary Treasurer, adding the union will ask for help from its retirees, community groups and other unions to help with the campaign, says the Tribune.

“We will do whatever it takes,” said Williams.

Toyota alone has about 25,000 workers in the US. During supply shutdowns Toyota has a policy in place to to continue to pay workers.  

“You can’t have a middle class here in the U.S. or around the world without organized labor,” said Williams. 

The Tribune reports that "he UAW has 'enhanced' it relationships with unions in Germany, Japan and South Korea to help with the upcoming campaign."

In other words, King is uniting the "Workers of the World."

If they can't get what they want at the negotiating table, the UAW will now try the economic equivalent of a suicide bombing of the economy. Never mind that they already destroyed the US automakers and their employees.  

I like it much better when they just hold their breath until they turned blue like they did in Madison.   

Read more at Townhall's Finance blog The Ticker 

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John Ransom

John Ransom is the Finance Editor for Townhall Finance.
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