Buffett rejects Bernie Sanders' call to intervene in strike
Source: AP
By JOSH FUNK
OMAHA, Neb. (AP) Several hundred striking workers at a manufacturing facility owned by Berkshire Hathaway have picked up some high-profile support from U.S. Sen. Bernie Sanders, but the companys CEO, Warren Buffett, has declined to get involved in the contract dispute.
Sanders, who has been a longtime supporter of labor unions, sent a letter to Buffett this week urging him to intervene in the dispute between Berkshires Precision Castparts unit and the United Steelworkers Local 40 union in West Virginia to make sure workers get a fair contract.
At a time when this company and Berkshire Hathaway are both doing very well, there is no reason why workers employed by you should be worrying about whether they will be able to feed their children or have health care, Sanders wrote to the billionaire. There is no reason why the standard of living of these hard working Americans should decline. I know that you and Berkshire Hathaway can do better than that.
The strike includes roughly 450 workers who have been on the picket line outside the Special Metals plant in Huntington, West Virginia, since Oct. 1. The facility makes specialized alloys that are used in military jet engines, commercial planes, spacecraft and other equipment used in high-temperature, high-pressure environments.
U.S. Sen. Bernie Sanders, I-Vt., speaks at a rally with striking Kellogg workers at Festival Market Square in downtown Battle Creek, Mich., on Friday, Dec. 17, 2021. Kellogg's reached a new tentative agreement this week with its 1,400 striking cereal plant workers that could bring an end to the strike that began Oct. 5. The results of the contract vote are expected to be released next week. (Alyssa Keown/Battle Creek Enquirer via AP)
Read more: https://apnews.com/article/coronavirus-pandemic-business-health-omaha-bernie-sanders-f0c64f0ed3f0b9ca9a97329403a13f1d
Midnight Writer
(21,795 posts)Does Buffett think he needs more money? Or is it just a scorecard to him?
IronLionZion
(45,527 posts)if they paid their workers more and gave better benefits. You don't want to kill jobs do you?
Buffett is liberal on some issues but not sure what's his game here. He's so damn old and can't take it with him when he croaks.
multigraincracker
(32,715 posts)Profits over people.
Support worker owned businesses.
not fooled
(5,801 posts)You mean Buffett isn't the noble, benevolent figure we have been propagandized to believe he is?
Rebl2
(13,551 posts)George II
(67,782 posts)If there was ever a moment in time when we needed to stand together in SOLIDARITY, this is that moment.
.................
Steelworkers striking at Special Metals in Huntington, WV
Right now, there are 450 steelworkers at Special Metals in Huntington, West Virginia who have been engaged in a major strike for almost 100 days. These highly skilled employees produce critically important materials for space crafts, airplanes and submarines.
Precision Castparts purchased Special Metals and was acquired by Warren Buffetts Berkshire Hathaway in 2016. It was an extraordinarily lucrative purchase, as the company made $1.5 billion in profits last year.
And what did they offer the workers who made that company profitable? An outrageous and insulting contract that includes zero pay increase for this year, and a totally inadequate 1% pay raise next year while making major cuts to employee health care and reduced vacation time. With inflation over 6 percent right now, this amounts to a very significant pay cut, despite the company's profits.
Link:
Can you please make a contribution today? We will distribute every penny we raise to support the workers at Special Metals
"Your contribution will benefit Bernie Sanders"
Omaha Steve
(99,707 posts)Can you please make a contribution today? We will distribute every penny we raise to support the workers at Special Metals, Jon Donaire Desserts and Warrior Met Coal.
You can donate any amount, with a $1 minimum here: https://secure.actblue.com/donate/fobs-december21-strikes/
SylviaD
(721 posts)reACTIONary
(5,771 posts)... in identifying Buffet as CEO. Later in the article it states
Hortensis
(58,785 posts)the decisions of the people running the company. Not at all strange for Sanders to use Buffet's big name to draw attention to the strike, of course. Everyone's heard of it.
Carry on.
reACTIONary
(5,771 posts)Farmer-Rick
(10,207 posts)He gets the profits from corporations that abuse workers but he can wash his hands of the responsibility. By claiming he won't make recommendations to the CEOs he hires, he can gain the rewards for abusing workers while washing his hands of having to do anything.
It wasn't my fault I just hired the guy and get the profits........
reACTIONary
(5,771 posts)JohnSJ
(92,382 posts)the relationship
myohmy2
(3,176 posts)...that's my Bernie...
...buffer could resolve this in 10 seconds...
...c'mon worn, show a little compassion and fairness you talk about...
...you can do it...
former9thward
(32,076 posts)At the time PCP had just one plant which was located in Portland, OR and it was the largest non union foundry in the U.S. I was very young then and along with a couple of other workers there we went to the United Steelworkers for help. They laughed at us and told us it would never be organized. So we went to the United Auto Workers and they were helpful and we started an organizing drive. We were not successful but it stirred up the workforce and we got a few changes. Later it was organized by the Teamsters but I was onto greener pastures by then.
The episode was recounted in a book, Radicals in the Rose City: Portland's Revolutionaries 1960-1975.