"Use the bloody law. We should arrest the air traffic controllers or better still, sack them," he said.Hear the whole rant. Very cathartic."If you don't want to work for 160,000 a year and you want a 6 percent pay increase, go and we'll get some people who will do the job," he added.
Friday, January 22, 2010
Ryanair CEO gets his rant on
There is apparently an air traffic controller's strike in Ireland. Ryanair CEO Michael O'Leary is not happy.
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I've been looking at the bank restructuring proposals, and avoiding giving a knee jerk reaction - I'm going to read and think for a few days. It's really subject to polemics from every angle. I need to look at it objectively.
ReplyDeleteThen comes the polemics... ;)
That said: CNBC White House correspondent John Harwood - who is a complete and utter propaganda tool, so much so that he can reliably be counted on to represent the Obama administrations thinking and deliberation on issues - essentially conceded that the timing of the Volker bank restructuring plan was political.
The "plan" is only two paragraphs and no details. And has been in process for months, and will take years to implement. And got announced the day after Brown won. Go figure.
Oh, and Harwood said "health care" isn't dead: he's betting the House passes the Senate bill, with concessions drawn up in secret, and those concessions get passed in reconciliation with 51 votes. He thinks that's still the plan. Joe Kernan on Squawk Box was ripping him over this assertion but Harwood stuck to it. We'll see.
Jeebus! I'm gobsmacked that air traffic controllers in Ireland are making a quarter mil a year! And WHINING about it! Are they crazy?
ReplyDeleteA better question: are Irish taxpayers crazy for paying them that much? The guy in the video is right; the gov't should FIRE every one of them, just like Reagan did.
ReplyDeleteHowdy doo all! :OD
ReplyDeleteGood rant. If a person can't live on $224K/yr, 6% wouldn't help anyways.
Hi monkeyweather!
ReplyDeleteTo be fair, I'm not sure if O'Leary hadn't already done the EUR->USD conversion. Still, $160K a year is not chump change.
Woohoo! monkeyweather is here!
ReplyDeleteBut, that is the essentially (at it's base)socialist base for all unions.
ReplyDeleteThat no matter what you do, or how much you are paid, you are still a slave of the capitalists (a truly idiotic message for gov't employees, but . . .) and you deserve every cent and concession that can be wrung from those evil bastards who do nothing but exploit you.
While this was all well and good in the days of the robber barons (and well past then for coal-miners in the days of company stores) but now, mostly, unions are the abusers, rather than the abusees, and I say this as an 'honorably withdrawn' Teamster as well as a former member of the public employees union (acronym not remembered).
In any case, if the Irish republic wants to hire me, whether at $160 or $224 k per year, i will promise to do my very best work ever, and never ask for another raise until the day I retire.
The article I read said 160,000 Euro's which is US$225,000. And the taxpayers don't pay for them, the airlines do.
ReplyDelete""Use the bloody law. We should arrest the air traffic controllers or better still, sack them," he said."
ReplyDeleteI totally agree. What is the olde sod coming to? Ireland is getting so loony.
I heard of a book a few years ago called The Myth of the Robber Barons. That is on my list of books that I should read someday, but I have not read it yet.
ReplyDeleteOh, welcome Monkeyweather.
ReplyDeleteTY Matt! :O)
ReplyDelete"What is the olde sod coming to? Ireland is getting so loony."
Yeah floranista...I'm still shocked that they went for the whole EU thing. I was so proud for them being holdouts and refusing to relinquish their sovereignty, and then they just went the other way. No more Ireland. Not really, anyways.
I know, monkeyweather, it makes us both sad. Tom is still going to get dual citizenship but I don't think we will spend much time there after retirement.
ReplyDelete