How do you know when things are really bad? When they send in the Army to bust the unions!

At around 11 PM the night of Oct. 10, Mexican soldiers and federal police agents occupied facilities of the government-owned Central Light and Power Company (LFC) in Mexico City and several central Mexican states, reportedly using force to remove workers on the night shift. About an hour later Mexican president Felipe Calderón Hinojosa's center-right administration published a decree liquidating the company and terminating some 41,000 active employees. The decree promised respect for the workers' labor rights: the government said it would guarantee severance pay and pensions, at an estimated cost of some $20 billion pesos ($1.512 billion).

According to the government, expenses per unit of power were at least 176% higher than for the Federal Electrical Commission (CFE), the other government-owned company....Union shop verses none-union...

Of course this story goes beyond just a labor dispute... they are taking over all critical services in preparation for the collapse of the US markets... one that would drag their country along the same path
Story




[edit on 15-10-2009 by DaddyBare]

reply to post by DaddyBare


Took a tip from America it seems.. that's essentially what we did to the Automakers.. only no troops. We went in, chopped up the Contracts, and re-formed all their benefits, pay etc. Only ones in the Auto's, like the Banks, that escaped unscathed seems to be the Executives.

Go figure right?

reply to post by Rockpuck


This is just a bit different.... Calderón has been going after critical infrastructure power water even many of the big commercial farms... they have Nationalized some companies that support those services as well.... it's almost like their expecting something very bad to happen and doing what they can to keep it from turning from bad to medieval...