I had to tell my 21 year old manager (I’m almost 28 for reference) that these suits, and in extension their shareholders, do not care. A profit is a profit. Be it .5% or even 30%. They do not care. He tried to argue against it, so I just finalized the conversation with, “Once you get older, you’ll understand that a profit is a profit.”
@@DeenanTheKemon1 that's why if you're not rich, you shouldn't respect or care for the usa. It's a country only for the rich, let the rich fight for it and respect it.
That is the USA... it ceased being a democracy with Ronald Reagan and instead became a kleptocracy, now rapidly approaching oligarchy. And if the tantrum tosser felon gets back in office will only get there all the more quickly, likely resulting in a repeat of 1861. Which, of course, is just what the felon wants.... so he can become the dictator he wanted to become the first time.
The corporate fascist M$M has done far worse than ignoring these strikes, they've been regurgitating the lies and propaganda of the c-suite psychopaths for decades.
Well yes they did ,CBS ,ABC ,NBC is covering this little by little. Capitalism is trying to fit in unions where America finds easier ways to start your own business and is making headways. Robots are starting to take over the workforce a little bit more but not all the way, Making the unions stronger.
Paying the scabs 2x really gives their game away. It’s not about the money for management, just about subjugating the workers and getting away with it, laughing all the way to the bank.
Absolutely. The company's management is literally insulting the workers with this move, and want the entire world know it. They are lacking in moral character.
Subjugate the workers by paying someone else 2x what they are making? Makes zero sense. Something else is going on here. i would like to hear the demands that are in that contract that caused the corporate suits that only care about money, to give away MORE to prove a point.
@@SgtJoeSmithyou’re most recent video is about you going to McDonalds and you’re morbidly obese. The jokes write themselves. Please stop listening to the lies being fed to you by corporations and do some research. Your own depression and addictions are due to circumstances of greed that control our world.
That’s what’s happening at Boeing right now. There’s job opening currently for $50-60/hr. Not double but close to it of current workers who’s on strike. There’s a special place in hell for scabs.
@@SgtJoeSmith please look in the mirror. Your most recent video is about your trip to McDonalds. Corporate greed is the cause of the issues in your life as well. Keep yourself educated and do your own research.
I'm attempting to unionize my workplace, and it is such a challenge to motivate people to do anything to help themselves. I so deeply respect these individuals who see the corporate greed for what it is and are willing to go through hardship to push back against it
@wally3155 where on earth are you getting gas for $2.45 a gallon??? I know it's hard to think about anyone other than yourself, but not everyone lives wherever you're getting gas that cheap.
@lordripage1853 I didn't say it was in my comment, just asking where he's finding gas this cheap. There's a multitude of factors that affect the price of gasoline. The company Refining the oil takes all those factors in consideration when selling gasoline to make a profit. Marathon made billions in profit. Teamsters are asking for a ~$2/hr raise as a cost of living adjustment. Fufilling this would take ~0.02% of the profit Marathon made for every member to get that raise. Not per member, 0.02% for the WHOLE union. (Roughly calculated in their favor) What we're witnessing is pure corporate greed without a reason. They will spend millions, so you won't get a dime. This is money that would improve the lives of the union members while not making a pin sized *dent* in the companies profits.
Good luck to all those men and women fighting for justice. Don’t give up the good fight. It’s time for the people doing the work to get paid a just wage.
I’m a retired Union electrician and a picket line was sacrosanct Nobody would consider crossing it. Watching all the trucks driving through is frustrating and disheartening. Solidarity is is waning and the Fat Cats are smirking in the background. Come on Brothers realize you will be next.
IAM 751 member. Labor cost is 5% of Boeing's cost to build a 737 and their first offer to the union took away benefits we already have to claim they were offering us a raise. In reality, over the life of the contract, we would lose 2% per year. The media refuses to report on the math of their offer, calling it "a historic offer." Stay strong, Teamsters!
@@JohnB-nq4js It'll get propped up harder by the government, can't imagine any recent or potential administration letting that manufacturing expertise evaporate in this political climate. God bless the union, take management for all they're worth!
@JohnB-nq4js it's all smoke and mirrors. The ratio you refer to is that way through stock buybacks. If you look at their last 5 years, their debt amount follows their buyback, almost dollar for dollar. (We) Boeing already knew they would have to make an equity move this year or take a credit rating hit. They had to do this strike or not. The strike is irrelevant to the stats you quote. Boeing already knows what they are going to pay to end the strike. It's just going to be their last offer, plus a signing bonus increase that, in reality, is just what they would have paid us if we didn't go on strike. Maybe a bump based on what they clawed back by furloughing the salaried. That's my prediction.
To be fair, we in the medical field either workday shift or work night, we don’t usually swap back and forth. In the Refinery they swap every other week from dayshift to night shift. But every job is different I’m sure
Rotating, yeah, I agree that needs to be stopped. But 12 hr shifts? I disagree. It's pretty nice to work 3 days and get paid like you did a full week. It would also mean that I could work 3 days, my spouse could work 3 days, and we wouldn't need a babysitter and we'd still have 1 day off together. How about we unhook insurance from employment, and cap everyone at 40 hrs per week, no overtime?
@@ThisIsATireFire I thought that way also, when I was younger. When the economy crashed in 08, I lost my business (electrical contractor) and had to take a maintenance job in a first tier automotive plant. 12hr shifts. I was 47 years old with never any back or knee problems. And I am a very slim person. Usually about halfway through the 3rd night my lower back would be killing me. And we often had to work 6 or 7 nights in a row. I ended up on pain meds just to work. My wife had to quit nursing due to 12 hr shifts. She has had both knees replaced. My knees kill me all the time. When I was younger, I worked industrial construction, and working 7 - 12s for months at a time was not uncommon. Had no problems back then though. I worked 7 days a week for 7 months one time. The Clinton's raised the taxes on overtime pay and really screwed us back then.
@@donsaxon1169I worked 12hr shifts in a computer data center. It wasn't physically demanding, but 12hr brain strain would take it out of me sometimes. I got a good severance when a new company took over our contract. I started a landscape biz and was able to spend more time with my kids. Talk about stress relief, I worked when and how many hours I wanted. I'd tell every young person to be an entrepreneur. Just do something that everyone needs done, you will never be out of work.
@ThoriumBoriumthey knew exactly that it was all BS and came up with a catchy name to fool people. It wasn’t a macroeconomic theory that existed previously. Simply a scheme to lower the higher income tax brackets. Reagan was previously an actor and they would typically only do two movies a year. Because if they did more most of the money(90%) would be taken in taxes as they hit the maximum marginal tax rate. So they stopped working at two movies. The trickle down farce is well documented and interesting history. Reagan wasn’t the naive politician he let on. Lots of super shady deals including a deal to keep American hostages in Iran until after he was in office, undermining the Carter administration’s efforts.
I was a refinery worker for over a decade. It almost destroyed me. Never again. Now I work 4 10's in the Public sector & a lifetime fully funded pension.
shame doesn't matter to them. at all. stop expecting corporations to act with morals. morality is human. corporations are not. they either need to be forced to act morally, or it will not.
@@lafayettehighball106 The CEO gets paid $24,000,000 and the average executive wage is over $238k, and they do nothing to help but rather are actively hostile towards union members, so what is your point? Won't matter what the average wage is when all the jobs are outsourced to contractors. Not sure where you got $800k, the highest figure I saw for the teamsters president was ~$400k total compensation. With 1 million members that means he directly costs each member about $0.50 a year - don't spend that all in one place, bootboy. Union officers cost less than 2% of dues collected. Not a bad deal when it means way more money in your pocket and way more time home with your family.
Never because the underlying economic base is still wage labor and the private ownership of the means of production. While we have now reinvented a lot of the horrors of the feudal age we are still capitalist and we will only start changing for the better when we move past this economic model like we moved past feudalism.
While I do think that shareholders should see value in their investment my issue is too often these companies only think on a quarterly basis. If they thought long term they would provide more value. Letting the short term investors control the companies decisions is just a recipe for disaster and ends up hurting the long term investors that believe in the company.
Here’s an idea for an Undercover Bosses sequel: Force the CEO, the executive board, and major shareholders to work on the floor and have the average workers as the board, CEO, etc. in the cozy offices for about a year and have the workers treat them like the CEO, board, etc. when they’re in power. This will be one of the best tv series in history. Union strong.
@@Kolazola mmhhhh, she did? Dam, ig that would explain the sudden worsen degration of the treatment, if your not attach to the stuff that you could not care less for in life, the, naturally you wont care for them. Dam F her. Stealing stolen valor, not even an apprentice.
Without these hard-working people, CEOs wouldn't have their wealth! Pay these people what they're worth!!! Why don't you pay the union workers as well as you pay the scabs? What a disgusting display of disrespect to workers!
When they said they hired scabs, I got so mad, and then it got worse because those scabs aren’t trained to use the machines, so it could be potentially dangerous. This is how capitalism functions and it’s terrible.
Great reporting. As horrible as that is why isn't there more attention to this problem, as well those like it? It seems exactly like the news so many believe is the most important.
This is happening EVERYWHERE even at my factory they gave one guy 6M to stay 6 more months but they cannot give us our $250-750 (but never 750) profit sharing because they punch in numbers we can't reach. Meanwhile the managers have gotten all their bonuses, they're happy. The workers are not.
*I think the retirement crisis will get even worse. A lot of people can't save because of low paying jobs, inflation, an insane rental rates. And now that home ownership is out of reach for middle class Americans, I was once homeless, thank God I was able to make $279k in forex bought my first house last week*
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Thank you More Perfect Union for bringjng the Refinery Workers strike. The refinery spends a milliin to save a dime, how pathetic. Pay your refinery worker.
And the news outlets wonder why many are leaving them and why many also call them out on their bs. I subscribed ASAP on your newest video. I did not know about this strike and I am so happy I checked in on this video even if it is 2 days ago. Go strikers!
Let us all get one thing straight about these corporations "shareholders": A huge portion of the stock is held by the same people that run the company. These "shareholders" are the VPs and directors with a vast majority of the rest held by mutual funds and private equity firms run by people on the board of directors (and the boards of other similar corporations -- seriously that is how it works) ....and what is more their directors and VPs of the company are paid a VAST majority of their wages (and for the members of the board it is 100% of their wages) in company stock for which they pay ZERO income tax thanks to the (GOP led) 100% capital gains tax exception.
I own shares of the S&P500 in my IRA, as do millions of other Americans, and that includes shares of MPC. The vast majority of us aren't wealthy. Get that straight.
@@darthnatas953 Get serious. You and your "small guys" own a microscopic amount of the corporation. Have you even one time looked at the PUBLIC information that shows the amount the VPs get EVERY 3 months and pay zero income tax upon? Even looked ONE TIME??? Check your stock numbers vs what you see they get EVERY QUARTER. Wake the up already: you swallowed it hook-line-and sinker.
My wife works 6 days a week with zero vacation days and maybe a weeks worth of sick time that has to be earned. It's disgraceful how we have devolved into a slave society.
The fossil fuel industry is gifted tens of billions in subsidies annually, in the USA alone. It's a global problem, but that's our slice of the pie. This is given to one of the most profitable industries in history. And it's not free, it is at taxpayer expense. How many taxpayers are even aware of this hidden tax? In most years, it is more than the entire budget for NASA. Yet, nobody ever talks about it. Exactly how much is it, why do they deserve, when will it end, why not subsidize renewable energy producers as well? Food for thought, More Perfect Union.
Now I actually support the free market and capitalism, but you have touched on the crux of the real issue - CRONY capitalism. There should be no such thing as "too big to fail" and then have taxpayer money to prop thosse comp aies up. If my company takes unwise risks, no one is coming to bail me out (nor would that be the right idea...) We already live under fascism, when they nationalized General Motors, or the government decides which electric vehicles manufacturers to prop up. Crony capitalism is also why the Congress members are richer than snot from insider trading and the SEC is like the fox watching the hen house. I hate when people complain about capitalism, but they fail to make the distinction you have here. Government needs to get out of the markets and go back to its original purpose: securing our borders and protecting us from foreign and domestic enemies. Maybe if the Whiskey Rebellion had been more successful, we wouldn't be here now (lol).
@@ZZWWYZ Argentina has gone rogue (lol). Yeah, Ron Paul was robbed in the primaries. ask the folks in Maine. But yeah, we need a 21st century Daniel Morgan again ;-) I actually like Milei...
So many people, it has been shocking to me that people eat that narrative up... The same people that would say to these folks, "well just get a better job then" which is just so short sighted and cruel.
What really makes my heart hurt for them is how painful it has to be to work those shifts and suffering both physically and relationships with family. Its disgusting to make them work like that and sacrifice living. And the government constantly raising retirement age. Omg PAY THEM!
@wally3155 they could make that much after working countless hours of volunteered or *forced* overtime. Some work 7 days of straight 12 hour shifts to make that much. Salary workers don't even need to come in for their 40-hours a week to make more than that.
@@Kolazola I see where you are coming from but as I’m in the industry, those salary workers almost always work 45-50 hours a week no extra pay, and then the operators willingly choose to work at oil refineries. You want to work there, you willingly know you will be working long hours. It’s the old people picketing that normalized for it to be okay to work 12 hours and go in on days they should have off. If you don’t like it they should quit and go into trades, so much more money to be made, plus there isn’t crappy hours.
i always love this quote from an old hong kong movie in the life of hong kong gangs (not real, just movie about them). The underling says, "can't wait till we're successful and you drive a benz.". Boss says "no we're not successful till we all driving benz's". honestly, boss should make more money, but if they got private jets and your workers got a 1990 civic, somethings wrong.
What annoys me is that with all these strikes going on, there are Union members that agree with the strikes, agree with the notion that greed needs to be stamped out, yet vote and support people that are staunch anti-union and against fair wages. We all know who I’m talking about here, but it’s very weird Stockholm syndrome type stuff.
Not only are they working 12-hour swing shifts, but they are also exposed to carcinogenic chemicals through the air in their working environment. They deserve a fair pay raise.
@@Kolazola and whats “apropiatly” to be rewarded for? Thats entirley subjected since we see value in different things, would you pay 4k for a tv? Or for a phone? Or for a dog? Like, bruh. If not then why would you pay 4k to a worker when the 2k worker can do the “same thing” but cheaper, like aren’t you so vocal about not wasting money or burning it on so called uslessnes? C mon you hypocrites. Value is subjective and these workers are value at what the market says its value. Whats fair then? 1 k a week? 100k a week? 1 million a week? Greedy worker.
@@gsst6389 that depends on the TV, the phone, and the dog. If I have excess money and wanted a large TV, I would not mind paying 4k for a really nice TV. If I were to make money off of owning a TV I would invest more into the TV. If the TV was a sentient being and needs money to get by and I had billions of dollars of excess money, I would make sure the TV is properly compensated for me using it. Especially if me using it degrades it's parts. Clearly there is a difference between a human and an object. I'm hoping you understand that and value a human life over a television or a phone. The union is asking for a ~2$/hour raise. Not 1k a week, not 100k a week, not a million a week. The greed is on the companies side. It would cost them ~0.02% of their profit to fulfill this request. They made nearly 10 billion in profit last year.
Should be maximum 8 hour shifts 5 days a week so 35 hours based on current pay plus demands. It is not just about workers but families and communities where pollution and accidents happen. There are unacceptable levels of pipeline explosions, fires, train derailment and many other accidents. Workers will get more support if they engage with communities that are harmed by excessive hours and dangerous conditions. Both workers and communities are key pillars of support for the industry.
Odd how mainstream won't cover this It's not just greed it's gluttony because these billionaires there is no way you need to keep gouging after you have 10 billion
Big shout out to the folks at More Perfect Union for posting this. Just up the road, I spent over 46 years in the HISTORIC FORD ROUGE COMPLEX as a member of UAW Local 600 and lived through many a negotiated concession contract. Our son, is now part of this pickett line and i couldn't be more proud. I really admire the labor leaders we have now. I've told many a man who argued with me, called me a communist, or like some punks commenting here THAT'S CAPITALISM DUDE that the pendelun would swing back to the worker. They've been pushed hard enough. And the shift they are forced to work will hurt them. They were also deemed essential during the pandemic and some of the earliest casualties in our state worked in that complex.
Why do we continue to see that the wealth funnels to the top and the people doing the work getting as little as possible? Greedy people are going from bad to worse. Soon this system of things will be removed and replaced with a government that will benefit all people - 2 Timothy 3:1,13 and Daniel 2:44
Of course. Every comment on here is from people who want workers to get "living wages", paid leave, paid vacation, a pension, with the government taxing everyone as much as possible, everyone has an electric car, everyone works half time, the government regulates everything to make it perfectly safe, makes it nearly impossible to drill or open new refineries. They want the government to pay for everyones health care, retirement, education. And yet they want the cheapest gas prices they can possibly get. MPC profits were down 63% in 2024, yet shareholders are "wealthy". Fantasy Land. They are children.
I hope and pray the dockworkers that just scored for themselves a 62% increase in wages over the next few years is incentive enough to stick with the picket line. Don’t give in! Corporate greed must stop!!!
The problem with local news is that they’re not tough, at least not in my city. They do interviews with politicians, but don’t demand real answers. The politicians give fluff answers and the journalists just move on. Zero accountability.
That's the point of a monopoly. It's not just you, it's everywhere. The local broadcast News has been reduced to nothing more than a 30-minute commercial, and local print news, what little is left, is likewise completely controlled buy local business interests
@@Wolfcamp555 indeed. Plus Americans (myself included) are fucking sick of driving and car dependency. We're finally seeing improvements which will reduce the need to own cars and drive which will not help the oil demand situation. Now if only we could electrify our rail networks.
@@maxstrong1999 because of the way the pipeline system is set and where the oil is produced, the reduction of petroleum supplies will be reduced regionally. Because oil is fungible, that means ALL petroleum products won't even be available in those regions. Not just fuel.
I have been studying refinery safety for years and have worked to make them safe. The politics of making refineries safe is complicated, and from what I learned, dangerous if you mess them.
Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.
She says they make all the profits for the company. Meanwhile, she’s on the outside looking in while the refinery continues to operate and generate profit.
The deal is off! It used to be that companies took care of their labor force with enough pay and benefits that they could live a comfortable but not extravagant life: own a house, own a car, put food on the table, take a vacation once a year with their family. They would look to keep their workers and provide them with a decent pension upon retirement as a well-deserved and well-earned "thank you" for literal DECADES of service. Now? The only thing that matters is the bottom line, and ironically they are making LESS money and producing WORSE products than if they just took care of the workforce that they have. There is a adage that described that mentality: "penny-wise but pound-foolish".
Doctors and nurses shouldn’t be working 12-hour shifts either. The longer you’re on the job, the less attentive you become, increasing the potential for mistakes.
What happens when oil (a commodity) tanks? Better off having a national nuclear power system. At least it doesn't burden the taxpayer when the economics of oil change.
Billionaires fighting tooth and nail to not give up 0.01% of their profits.
Goes beyond Greed
This is Pure Evil.
I had to tell my 21 year old manager (I’m almost 28 for reference) that these suits, and in extension their shareholders, do not care. A profit is a profit. Be it .5% or even 30%. They do not care. He tried to argue against it, so I just finalized the conversation with, “Once you get older, you’ll understand that a profit is a profit.”
@@DeenanTheKemon1 that's why if you're not rich, you shouldn't respect or care for the usa. It's a country only for the rich, let the rich fight for it and respect it.
"The less fortunate must suffer so the wealthy may flourish."
-The tenets of capitalism.
That's capitalism, baby!
That is the USA... it ceased being a democracy with Ronald Reagan and instead became a kleptocracy, now rapidly approaching oligarchy.
And if the tantrum tosser felon gets back in office will only get there all the more quickly, likely resulting in a repeat of 1861.
Which, of course, is just what the felon wants.... so he can become the dictator he wanted to become the first time.
The mainstream media has not been covering any of these strikes. Thank you for bringing attention to this issue.
It's by design. Don't forget the media is actually owned by billionaire and corporations
Well of course they haven't, that might encourage others to go on strike and our corporate overlords can't have THAT now, can they?
The corporate fascist M$M has done far worse than ignoring these strikes, they've been regurgitating the lies and propaganda of the c-suite psychopaths for decades.
Well yes they did ,CBS ,ABC ,NBC is covering this little by little. Capitalism is trying to fit in unions where America finds easier ways to start your own business and is making headways. Robots are starting to take over the workforce a little bit more but not all the way, Making the unions stronger.
According to them ignorance is bliss
Paying the scabs 2x really gives their game away. It’s not about the money for management, just about subjugating the workers and getting away with it, laughing all the way to the bank.
Absolutely. The company's management is literally insulting the workers with this move, and want the entire world know it. They are lacking in moral character.
Subjugate the workers by paying someone else 2x what they are making?
Makes zero sense. Something else is going on here. i would like to hear the demands that are in that contract that caused the corporate suits that only care about money, to give away MORE to prove a point.
Turns out the price-tag for “yes-men” is 200% that of anyone with morality. This is scab shit 101. Pathetic.
Exactly!
It shows union workers don’t understand their pay/contract more than anything.
If they can offord to pay scabs double the regular wages then they can afford to pay their workers livable wages.
They do get paid livable wages. Look how fat they are. This is just about employee greed
@@SgtJoeSmithyou’re most recent video is about you going to McDonalds and you’re morbidly obese. The jokes write themselves. Please stop listening to the lies being fed to you by corporations and do some research. Your own depression and addictions are due to circumstances of greed that control our world.
That’s what’s happening at Boeing right now. There’s job opening currently for $50-60/hr. Not double but close to it of current workers who’s on strike. There’s a special place in hell for scabs.
@@SgtJoeSmith please look in the mirror. Your most recent video is about your trip to McDonalds. Corporate greed is the cause of the issues in your life as well. Keep yourself educated and do your own research.
@@SgtJoeSmithlol. You’re an idiot, but you already know that and are just here to troll
“This country has socialism for the rich, rugged individualism for the poor." -Martin Luther King, Jr.
Still as true as ever today.
CEO to worker income ratio 🇺🇸:
1965 : 20.4
1975 : 26.6
1985 : 50.5
1995 : 118.8
2005 : 318.4
2015 : 318.8
2021 : 389
Sickening, just sickening.
S&P 500 Stock Buybacks
Year In billions Yearly change
2010 $319 16%
2011 $467 46%
2012 $413 -12%
2013 $496 20%
2014 $565 14%
2015 $592 5%
2016 $553 -7%
2017 $540 -2%
2018 $840 55%
2019 $749 -11%
2020 $538 -28%
2021 $919 71%
2022 $950 3%
2023 $815 -14%
2024e $924 13%
2025e $1,075 16%.
They should not allow stock buy backs. Force them to payout taxable dividends to shareholders.
GeorgeSchneider8889
We can enact laws that limit ceo pay compensation to no more than 10 times the lowest pay of the workers.
@@eddielopez5708 Japanese ratio is around 50. I think 60 will be fine 🤷♂️
I'm attempting to unionize my workplace, and it is such a challenge to motivate people to do anything to help themselves. I so deeply respect these individuals who see the corporate greed for what it is and are willing to go through hardship to push back against it
You can’t get rich by demand- Jim Rohn! One must set a better sail!!! They what we have been doing
Late stage capitalism
Yep, we are transitioning to Techno feudalism.
Early stage socialism.
@@user-zu5do6ri6r Lsgooooo 💪🏻
@@user-zu5do6ri6r actually it's leading to communism.
No. Intelligent people can repair the damage.
Greed is not the desire for more, it's the desire for more at the expense of others.
that is Power as the gap between the Have's & have Not's widens.
Greed is your desire to pay the cheapest price possible every time you buy anything. At the expense of workers who produced the product.
$9.7 BILLION DOLLARS IN PROFIT. THAT'S WHY THE GAS PRICES ARE WHERE IT IS AT NOW. GREED
When I hear $35billion in buy backs I automatically add that to the profits. $44.7 billion in profits.
2.45 a gallon sure.
@wally3155 where on earth are you getting gas for $2.45 a gallon??? I know it's hard to think about anyone other than yourself, but not everyone lives wherever you're getting gas that cheap.
Gas prices are not determined by the company refining the oil@@Kolazola
@lordripage1853 I didn't say it was in my comment, just asking where he's finding gas this cheap. There's a multitude of factors that affect the price of gasoline. The company Refining the oil takes all those factors in consideration when selling gasoline to make a profit. Marathon made billions in profit. Teamsters are asking for a ~$2/hr raise as a cost of living adjustment. Fufilling this would take ~0.02% of the profit Marathon made for every member to get that raise. Not per member, 0.02% for the WHOLE union. (Roughly calculated in their favor)
What we're witnessing is pure corporate greed without a reason. They will spend millions, so you won't get a dime. This is money that would improve the lives of the union members while not making a pin sized *dent* in the companies profits.
Good luck to all those men and women fighting for justice. Don’t give up the good fight. It’s time for the people doing the work to get paid a just wage.
We make the products that these corporations turn around and price gouge us for, gotta love capitalism
I’m a retired Union electrician and a picket line was sacrosanct Nobody would consider crossing it. Watching all the trucks driving through is frustrating and disheartening. Solidarity is is waning and the Fat Cats are smirking in the background. Come on Brothers realize you will be next.
Aren't the Marathon truck drivers teamsters too? Seems like their own trucks are driving through the picket lines.
@theodoreskaff1209 Excellent point. It looks like union workers vs union workers.
Good point. They got them acting like crabs in a barrel.
Sympathy strikes are illegal in the United States.
@@TheViktorofgileadThere are ways around that premise.
IAM 751 member. Labor cost is 5% of Boeing's cost to build a 737 and their first offer to the union took away benefits we already have to claim they were offering us a raise. In reality, over the life of the contract, we would lose 2% per year. The media refuses to report on the math of their offer, calling it "a historic offer." Stay strong, Teamsters!
Boeing's debt is 6x its EBITDA. You're negotiating over nothing - a sinking ship.
@@JohnB-nq4js It'll get propped up harder by the government, can't imagine any recent or potential administration letting that manufacturing expertise evaporate in this political climate. God bless the union, take management for all they're worth!
@@Greenitthe man, you don't get it at all. But sure, fuck over the taxpayers. Typical.
@JohnB-nq4js it's all smoke and mirrors. The ratio you refer to is that way through stock buybacks. If you look at their last 5 years, their debt amount follows their buyback, almost dollar for dollar. (We) Boeing already knew they would have to make an equity move this year or take a credit rating hit. They had to do this strike or not. The strike is irrelevant to the stats you quote. Boeing already knows what they are going to pay to end the strike. It's just going to be their last offer, plus a signing bonus increase that, in reality, is just what they would have paid us if we didn't go on strike. Maybe a bump based on what they clawed back by furloughing the salaried. That's my prediction.
@@JohnB-nq4js You'd rather fuck over the workers? Typical
Sounds like a typical nurse/carer working pattern. Health industry in on this too
that's what I was thinking
To be fair, we in the medical field either workday shift or work night, we don’t usually swap back and forth. In the Refinery they swap every other week from dayshift to night shift. But every job is different I’m sure
Rotating shifts and 12 hour shifts should be illegal!!!!!
Rotating, yeah, I agree that needs to be stopped. But 12 hr shifts? I disagree. It's pretty nice to work 3 days and get paid like you did a full week. It would also mean that I could work 3 days, my spouse could work 3 days, and we wouldn't need a babysitter and we'd still have 1 day off together.
How about we unhook insurance from employment, and cap everyone at 40 hrs per week, no overtime?
@@ThisIsATireFire I thought that way also, when I was younger. When the economy crashed in 08, I lost my business (electrical contractor) and had to take a maintenance job in a first tier automotive plant. 12hr shifts. I was 47 years old with never any back or knee problems. And I am a very slim person. Usually about halfway through the 3rd night my lower back would be killing me. And we often had to work 6 or 7 nights in a row. I ended up on pain meds just to work. My wife had to quit nursing due to 12 hr shifts. She has had both knees replaced. My knees kill me all the time. When I was younger, I worked industrial construction, and working 7 - 12s for months at a time was not uncommon. Had no problems back then though. I worked 7 days a week for 7 months one time. The Clinton's raised the taxes on overtime pay and really screwed us back then.
@@donsaxon1169I worked 12hr shifts in a computer data center. It wasn't physically demanding, but 12hr brain strain would take it out of me sometimes. I got a good severance when a new company took over our contract. I started a landscape biz and was able to spend more time with my kids. Talk about stress relief, I worked when and how many hours I wanted. I'd tell every young person to be an entrepreneur. Just do something that everyone needs done, you will never be out of work.
12 hours shifts are awesome !
@@moogs05 Why, because they break your body down?
If you want to do a story on corruption at the Florida Department of Health I'm willing to be a source. Thank you.
THIS!
Trickle down 😂 what a joke
ie. tablescraps
@@GrinchWhoStoldChristmas More like a golden shower. That is to say, piss.
@ThoriumBoriumhe knew. He had to.
@ThoriumBoriumthey knew exactly that it was all BS and came up with a catchy name to fool people. It wasn’t a macroeconomic theory that existed previously. Simply a scheme to lower the higher income tax brackets.
Reagan was previously an actor and they would typically only do two movies a year. Because if they did more most of the money(90%) would be taken in taxes as they hit the maximum marginal tax rate. So they stopped working at two movies.
The trickle down farce is well documented and interesting history. Reagan wasn’t the naive politician he let on. Lots of super shady deals including a deal to keep American hostages in Iran until after he was in office, undermining the Carter administration’s efforts.
I may be wrong but I betting you wasn't an adult when Ronald Reagan was president or you wouldn't put Reagan and incompetents in the same sentence.
I was a refinery worker for over a decade. It almost destroyed me. Never again. Now I work 4 10's in the Public sector & a lifetime fully funded pension.
Big corporations want you to understand that you are just a body to do a job. You are replaceable and expendable
They are forgetting that we are also consumers.
GIVE THE PEOPLE A LIVABLE WAGE!!!!! SHAME ON YOU BIG OIL
Capital owners don't feel shame
It’s not just big oil that is doing their workers dirty, it’s all corporations!
The union leader gets paid 800,000 and the average wage is over 80k
shame doesn't matter to them. at all. stop expecting corporations to act with morals. morality is human. corporations are not.
they either need to be forced to act morally, or it will not.
@@lafayettehighball106 The CEO gets paid $24,000,000 and the average executive wage is over $238k, and they do nothing to help but rather are actively hostile towards union members, so what is your point?
Won't matter what the average wage is when all the jobs are outsourced to contractors.
Not sure where you got $800k, the highest figure I saw for the teamsters president was ~$400k total compensation. With 1 million members that means he directly costs each member about $0.50 a year - don't spend that all in one place, bootboy. Union officers cost less than 2% of dues collected. Not a bad deal when it means way more money in your pocket and way more time home with your family.
at what point should we stop caliing it capitalism and change it to feudalism.
When Kamala puts in price controls so that corporations are government run
Same thing
Never because the underlying economic base is still wage labor and the private ownership of the means of production. While we have now reinvented a lot of the horrors of the feudal age we are still capitalist and we will only start changing for the better when we move past this economic model like we moved past feudalism.
Neo-feudalism by oligarchs.
@@ethanplayzz1870 Right, now we're some kind of horrifying crossbreed of feudalism and capitalism.
Praying for these Union brothers and sisters 🙏
we need to end Shareholder Primacy (Ford V. Chevrolet, 1919) as a legal doctrine! it leads DIRECTLY to disparities like this! 😡
Exactly
Hell no! I'm a share holder. Get back to work!
@@tjts1 if you're not a troll, you'll explain what Shareholder Primacy is and why it's a problem/benefit. 🤣
While I do think that shareholders should see value in their investment my issue is too often these companies only think on a quarterly basis. If they thought long term they would provide more value. Letting the short term investors control the companies decisions is just a recipe for disaster and ends up hurting the long term investors that believe in the company.
Good for all of you. Stand up for your rights as workers. Unifor member.
Here’s an idea for an Undercover Bosses sequel:
Force the CEO, the executive board, and major shareholders to work on the floor and have the average workers as the board, CEO, etc. in the cozy offices for about a year and have the workers treat them like the CEO, board, etc. when they’re in power.
This will be one of the best tv series in history.
Union strong.
F that, your not the one who founded the company from scracthe
@@gsst6389 hahahahaha, you you think the current CEO, executive board, and shareholders did? The new CEO took her position August 1st of this year.
@@Kolazola mmhhhh, she did? Dam, ig that would explain the sudden worsen degration of the treatment, if your not attach to the stuff that you could not care less for in life, the, naturally you wont care for them.
Dam F her. Stealing stolen valor, not even an apprentice.
C-suite salaries magically rise exponentially.
Rank and file employees, on the other hand, would be lucky to even get a cost of living increase. 😳
We call it meritocracy or winner takes it all system. This is what America wants, right?
Disgraceful but not surprising.
I stand with the hard working strikers.💯
Without these hard-working people, CEOs wouldn't have their wealth! Pay these people what they're worth!!!
Why don't you pay the union workers as well as you pay the scabs? What a disgusting display of disrespect to workers!
What are they worth? Because benefits aren't free.
The distance from family because of work is so real
Could you do a video on the dockworkers strike?
I'll field a bet that they're already working on it.
I second this
This is so sad.
Scrabs need to wake up and realize what they are doing
Apparently they are doing the jobs no one else wants to do.
When they said they hired scabs, I got so mad, and then it got worse because those scabs aren’t trained to use the machines, so it could be potentially dangerous. This is how capitalism functions and it’s terrible.
These “scabs” run laps around these pampered boomer fossils. They get double pay right out the gate because the teamsters fuckin suck 😂😂😂
Great reporting. As horrible as that is why isn't there more attention to this problem, as well those like it? It seems exactly like the news so many believe is the most important.
This is happening EVERYWHERE even at my factory they gave one guy 6M to stay 6 more months but they cannot give us our $250-750 (but never 750) profit sharing because they punch in numbers we can't reach. Meanwhile the managers have gotten all their bonuses, they're happy. The workers are not.
*I think the retirement crisis will get even worse. A lot of people can't save because of low paying jobs, inflation, an insane rental rates. And now that home ownership is out of reach for middle class Americans, I was once homeless, thank God I was able to make $279k in forex bought my first house last week*
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Workers of the World Unite!
this is one of the best channels i have been to, us based i guess. great work.
Stop corporate greed!
Absolutely, corporate greed is in every art of our daily lives.
Thank you More Perfect Union for bringjng the Refinery Workers strike. The refinery spends a milliin to save a dime, how pathetic. Pay your refinery worker.
I support the strikers 100% . I live near there . God be with the Teamsters !!
And the news outlets wonder why many are leaving them and why many also call them out on their bs. I subscribed ASAP on your newest video. I did not know about this strike and I am so happy I checked in on this video even if it is 2 days ago. Go strikers!
Let us all get one thing straight about these corporations "shareholders": A huge portion of the stock is held by the same people that run the company.
These "shareholders" are the VPs and directors with a vast majority of the rest held by mutual funds and private equity firms run by people on the board of directors (and the boards of other similar corporations -- seriously that is how it works)
....and what is more their directors and VPs of the company are paid a VAST majority of their wages (and for the members of the board it is 100% of their wages) in company stock for which they pay ZERO income tax thanks to the (GOP led) 100% capital gains tax exception.
I own shares of the S&P500 in my IRA, as do millions of other Americans, and that includes shares of MPC. The vast majority of us aren't wealthy. Get that straight.
@@darthnatas953 Get serious. You and your "small guys" own a microscopic amount of the corporation. Have you even one time looked at the PUBLIC information that shows the amount the VPs get EVERY 3 months and pay zero income tax upon? Even looked ONE TIME??? Check your stock numbers vs what you see they get EVERY QUARTER. Wake the up already: you swallowed it hook-line-and sinker.
....and how does NOT have a 401K??? Again stop buying the b/s. LOOK at the numbers that are public record. You own nothing in comparison.
My wife works 6 days a week with zero vacation days and maybe a weeks worth of sick time that has to be earned. It's disgraceful how we have devolved into a slave society.
The fossil fuel industry is gifted tens of billions in subsidies annually, in the USA alone. It's a global problem, but that's our slice of the pie.
This is given to one of the most profitable industries in history. And it's not free, it is at taxpayer expense. How many taxpayers are even aware of this hidden tax? In most years, it is more than the entire budget for NASA. Yet, nobody ever talks about it. Exactly how much is it, why do they deserve, when will it end, why not subsidize renewable energy producers as well?
Food for thought, More Perfect Union.
darn they do be living in communist utopia huh
Now I actually support the free market and capitalism, but you have touched on the crux of the real issue - CRONY capitalism. There should be no such thing as "too big to fail" and then have taxpayer money to prop thosse comp aies up. If my company takes unwise risks, no one is coming to bail me out (nor would that be the right idea...) We already live under fascism, when they nationalized General Motors, or the government decides which electric vehicles manufacturers to prop up. Crony capitalism is also why the Congress members are richer than snot from insider trading and the SEC is like the fox watching the hen house.
I hate when people complain about capitalism, but they fail to make the distinction you have here. Government needs to get out of the markets and go back to its original purpose: securing our borders and protecting us from foreign and domestic enemies. Maybe if the Whiskey Rebellion had been more successful, we wouldn't be here now (lol).
@@WhiteytheLab imagine if America get their own Milei am I right
@@ZZWWYZ Argentina has gone rogue (lol). Yeah, Ron Paul was robbed in the primaries. ask the folks in Maine. But yeah, we need a 21st century Daniel Morgan again ;-) I actually like Milei...
Renewables get much more subsidies than fossil fuels companies. Most of fossil fuels subsidies are the same tax write off that all companies get
You guys are awesome!!! Thank you for what you do!
Who even bought the "because of inflation" crap?
So many people, it has been shocking to me that people eat that narrative up... The same people that would say to these folks, "well just get a better job then" which is just so short sighted and cruel.
What really makes my heart hurt for them is how painful it has to be to work those shifts and suffering both physically and relationships with family. Its disgusting to make them work like that and sacrifice living. And the government constantly raising retirement age. Omg PAY THEM!
Rotating shifts are very bad for people’s health. Demand a seat on the board like in Europe.
My father faithfully worked for an oil company for 18 years and then was let go with a laughable severance package. At least he got that!
Absolutely!! 💯%
Thank you for covering this! Crazy that this isn't being covered by the mainstream news
Wait why didn’t they put this on the news too
News is paid for by corporate sponsors. NPR is beholden to certain forces and interests as well
Bc most refinery workers, even operators make 100k plus, much more than what other striking jobs make.
@wally3155 they could make that much after working countless hours of volunteered or *forced* overtime. Some work 7 days of straight 12 hour shifts to make that much. Salary workers don't even need to come in for their 40-hours a week to make more than that.
@@Kolazola I see where you are coming from but as I’m in the industry, those salary workers almost always work 45-50 hours a week no extra pay, and then the operators willingly choose to work at oil refineries. You want to work there, you willingly know you will be working long hours. It’s the old people picketing that normalized for it to be okay to work 12 hours and go in on days they should have off. If you don’t like it they should quit and go into trades, so much more money to be made, plus there isn’t crappy hours.
Yup, I worked rotating and unpredictable shifts for 11 years. Absolutely detrimental to your health. My sleep cycle is imbalanced to this day.
i always love this quote from an old hong kong movie in the life of hong kong gangs (not real, just movie about them). The underling says, "can't wait till we're successful and you drive a benz.". Boss says "no we're not successful till we all driving benz's".
honestly, boss should make more money, but if they got private jets and your workers got a 1990 civic, somethings wrong.
Aaahhhh this is awesome!!! I hope they get what they deserve/earn!!! Thank you for fighting for your and other workers rights!
It’s the same or worse in “right to work” states. I support unions and collective bargaining.
You mean right to starve states.
What annoys me is that with all these strikes going on, there are Union members that agree with the strikes, agree with the notion that greed needs to be stamped out, yet vote and support people that are staunch anti-union and against fair wages. We all know who I’m talking about here, but it’s very weird Stockholm syndrome type stuff.
Wouldn’t it be easier for the company to settle with the union employees and give them what they’ve been demanding?
Not only are they working 12-hour swing shifts, but they are also exposed to carcinogenic chemicals through the air in their working environment. They deserve a fair pay raise.
Work somewhere else then. Tons of trades to get into that pay more with better hours.
@wally3155 No matter where you personally work, there will still be someone who has to work *this* job, and they should be compensated appropriately.
Such a foolish response. Absolutely devoid of any thought@@wally3155
@@Kolazola and whats “apropiatly” to be rewarded for? Thats entirley subjected since we see value in different things, would you pay 4k for a tv? Or for a phone? Or for a dog? Like, bruh. If not then why would you pay 4k to a worker when the 2k worker can do the “same thing” but cheaper, like aren’t you so vocal about not wasting money or burning it on so called uslessnes? C mon you hypocrites. Value is subjective and these workers are value at what the market says its value.
Whats fair then? 1 k a week? 100k a week? 1 million a week? Greedy worker.
@@gsst6389 that depends on the TV, the phone, and the dog. If I have excess money and wanted a large TV, I would not mind paying 4k for a really nice TV. If I were to make money off of owning a TV I would invest more into the TV. If the TV was a sentient being and needs money to get by and I had billions of dollars of excess money, I would make sure the TV is properly compensated for me using it. Especially if me using it degrades it's parts.
Clearly there is a difference between a human and an object. I'm hoping you understand that and value a human life over a television or a phone.
The union is asking for a ~2$/hour raise. Not 1k a week, not 100k a week, not a million a week. The greed is on the companies side. It would cost them ~0.02% of their profit to fulfill this request. They made nearly 10 billion in profit last year.
Nothing lower than scabs. Nothing.
Shame on you Marathon.
Maybe those teamsters can form a picket line outside the CEO's house and protest?
Should be maximum 8 hour shifts 5 days a week so 35 hours based on current pay plus demands.
It is not just about workers but families and communities where pollution and accidents happen.
There are unacceptable levels of pipeline explosions, fires, train derailment and many other accidents.
Workers will get more support if they engage with communities that are harmed by excessive hours and dangerous conditions.
Both workers and communities are key pillars of support for the industry.
Pure evil greed
Union Strong!💪🇺🇸💙❤
Now what are we going to do about it because it's happening all over this country.
Companies need to stop putting profits first
Profit that does not trickle down to every workers and only to their buddy!
Odd how mainstream won't cover this
It's not just greed it's gluttony because these billionaires there is no way you need to keep gouging after you have 10 billion
Great coverage of this. Thank you so much God bless them in their fight for proper labor fairness💯💪🙏✌️
Big shout out to the folks at More Perfect Union for posting this. Just up the road, I spent over 46 years in the HISTORIC FORD ROUGE COMPLEX as a member of UAW Local 600 and lived through many a negotiated concession contract. Our son, is now part of this pickett line and i couldn't be more proud. I really admire the labor leaders we have now. I've told many a man who argued with me, called me a communist, or like some punks commenting here THAT'S CAPITALISM DUDE that the pendelun would swing back to the worker. They've been pushed hard enough. And the shift they are forced to work will hurt them. They were also deemed essential during the pandemic and some of the earliest casualties in our state worked in that complex.
Why do we continue to see that the wealth funnels to the top and the people doing the work getting as little as possible? Greedy people are going from bad to worse. Soon this system of things will be removed and replaced with a government that will benefit all people - 2 Timothy 3:1,13 and Daniel 2:44
Agreed the workers should be the main share holders in a company huge international company.
Please discuss corruption in the political world, we have to get people to understand why the government is broken. Get money out of politics!
They should block the refinery gates do no one gets in.
Big oil greedy? I'm glad I was sitting down for the revelation.
Wages and salaries are determined by supply and demand. If you do what many other people can do, you wont get paid much. That's just how it is.
At least one sober comment. Exactly. Its capitalism.
Of course. Every comment on here is from people who want workers to get "living wages", paid leave, paid vacation, a pension, with the government taxing everyone as much as possible, everyone has an electric car, everyone works half time, the government regulates everything to make it perfectly safe, makes it nearly impossible to drill or open new refineries. They want the government to pay for everyones health care, retirement, education.
And yet they want the cheapest gas prices they can possibly get. MPC profits were down 63% in 2024, yet shareholders are "wealthy". Fantasy Land. They are children.
There’s a special place in hell for scabs. Boeing is currently hiring scabs right now offering $50-60 /hr. Well over current workers.
Why don't the regular workers drop that union and go back to work making $50-60 / hr?
Remember, the rich will never ever ever ever stop waging class Warfare. So never ever ever stop waging class Warfare
Its not that they dont want to pay, they just dont want to pay YOU.
Stay strong brothers. No amount of money is worth rotating shifts
Then an accident happens and suddenly they stop using contractors.
I hope and pray the dockworkers that just scored for themselves a 62% increase in wages over the next few years is incentive enough to stick with the picket line. Don’t give in!
Corporate greed must stop!!!
rise up my fellow workers. this isnt capitalism gone too far, this is capitalism. control the means of production while you the iron is hot.
The problem with local news is that they’re not tough, at least not in my city. They do interviews with politicians, but don’t demand real answers. The politicians give fluff answers and the journalists just move on. Zero accountability.
That's the point of a monopoly.
It's not just you, it's everywhere. The local broadcast News has been reduced to nothing more than a 30-minute commercial, and local print news, what little is left, is likewise completely controlled buy local business interests
With oil prices falling and reduced demand expect marathon to stall for a long time.
Yes, the Midwest and Northeast will lose half their petroleum supplies over the next 5 years.
@@Wolfcamp555 indeed. Plus Americans (myself included) are fucking sick of driving and car dependency. We're finally seeing improvements which will reduce the need to own cars and drive which will not help the oil demand situation. Now if only we could electrify our rail networks.
@@maxstrong1999 because of the way the pipeline system is set and where the oil is produced, the reduction of petroleum supplies will be reduced regionally. Because oil is fungible, that means ALL petroleum products won't even be available in those regions. Not just fuel.
@@maxstrong1999 BIG OIL Texas has already made Climate change deals with the G7. It's getting exported along with 80% of your Natural Gas.
@@Wolfcamp555 I suppose so. I know refineries have been closing but I'm no oil expert.
if they don't even pay their workers they should at least be forced to plug all the orphan wells
Capitalism existing is going too far. 🥴🥴
I have been studying refinery safety for years and have worked to make them safe. The politics of making refineries safe is complicated, and from what I learned, dangerous if you mess them.
Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.
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Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people
I'm also a huge beneficiary of her..
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She says they make all the profits for the company. Meanwhile, she’s on the outside looking in while the refinery continues to operate and generate profit.
The deal is off! It used to be that companies took care of their labor force with enough pay and benefits that they could live a comfortable but not extravagant life: own a house, own a car, put food on the table, take a vacation once a year with their family. They would look to keep their workers and provide them with a decent pension upon retirement as a well-deserved and well-earned "thank you" for literal DECADES of service.
Now? The only thing that matters is the bottom line, and ironically they are making LESS money and producing WORSE products than if they just took care of the workforce that they have.
There is a adage that described that mentality: "penny-wise but pound-foolish".
The same BIG 3: BlackRock, Vanguard, State Street...
G-d damn SCABS.
Great video! Please keep making them!
Stock buy backs should be considered an illegal monopoly
lol
Doctors and nurses shouldn’t be working 12-hour shifts either. The longer you’re on the job, the less attentive you become, increasing the potential for mistakes.
Yes! What about the Venezuelan model? Could we try it?
What happens when oil (a commodity) tanks? Better off having a national nuclear power system. At least it doesn't burden the taxpayer when the economics of oil change.
They have been trying it in Detroit for years.
thanks for the good reporting