Labor Unions

“Unions are very good early adopters when it comes to cost savings and service, because one, they want to make sure their membership is, is treated on a level like family. The second part is municipalities and public sector and unions, they have fixed budgets.”

“Well, the government, the current governor of Chicago, Brandon Johnson, 90% of his election funds came from the unions.”

“And I think the company made some early mistakes. Some of which were COVID related. Again, no textbook had to deal with COVID issues, health issues, safety issues. And then I think underestimated the groundswell of public sentiment for this movement in America…”

“It's generally worse. Overseas. Cause you end up with especially when you end up basically with, you essentially bring the unions onto the board at a lot of like European multinationals, and then you basically bring European, you bring, sorry, union politics o…”

“There's probably over a trillion dollars of underfunded pension liabilities in the United States, many of which are based on the fact that these payout principles were defined By some negotiation with a union.”

“And the labor unions had ninety billion dollars of pension funds that they wanted to co-invest in greening buildings with six billion dollars that was provided from the federal government as part of the Recovery Act.”

“There's these things called distributed autonomous organizations, DAO. Which I think can evolve to be the best of progressive goals of allowing workers to participate in all upside and capitalist goals where, you know, people who come up with great ideas using…”

“The difference that a union has versus a company is it's a natural monopoly, and so it actually has more power to write regulation than a company does”