But if you’re a labor union and you hold a company, or even a nation, hostage, your actions are sanctioned and protected by the United States government.
Take, for example, the International Longshore and Warehouse Union (ILWU), currently sabotaging West Coast shipping operations.
Last July, the ILWU’s contract with the Pacific Maritime Association (PMA) expired.....
Last July, the ILWU’s contract with the Pacific Maritime Association (PMA) expired.....
"PMA made a comprehensive contract offer designed to bring these talks to conclusion. The ILWU responded with demands they knew we could not meet, and continued slowdowns that will soon bring West Coast ports to gridlock. What they’re doing amounts to a strike with pay."
It’s not just the shipping companies that the union is hurting -- a shutdown of these ports costs the U.S. economy an estimated $2 billion per day; 70 percent of our trade with Asia flows through these ports, according to Reuters.
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