Some analysts are suggesting that the when UAW union bosses ordered the strike against GM on Monday it was so that the union officials could look tough for the rank-and-file workers, as opposed to being a negotiating tactic with GM.

Goldman Sachs Analyst Robert Barry, expressed this view in a research note on GM prepared in response to the strike:

In our view, the action is designed to allow UAW leaders to look vigilant in fighting to preserve benefits, members to feel concessions are not being given gratuitously, and GM management to appear to be maximizing shareholder value…

If experts like Barry are correct (and he did correctly predict a short strike) that means that once again, union officials were placing their own well-being and power above what is best for the employees they claim to “represent.”

Posted on Sep 26, 2007 in Blog