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De Dragon wrote:The privatize movement always gains traction when the Petrotrin/OWTU is where it currently is right now. It is usually based on people's frustrations with the unions seemingly intractable stances on wage negotiations. I mean 10 % or we strike is just that, an intractable situation. The GORTT offered 0 and the counter is 10, but with the strong-armed strike threat from the union. People are no longer willing to tolerate a loss making entity being so militant in negotiations, as the union again seeks to falsely paint the picture that the GORTT alone is responsible for the situation. If the first negotiating period is before the court, and the second period depends on that outcome, then why the strike threat?
We decry privatization because it will not allow the waste and low productivity to persist, not only at Petrotrin, but at any other money pit State institution. Maybe we'd rather go the way of Caroni/Mittal rather than seek our own best interests.
The_Honourable wrote:There are two theories running around, and i believe it's one of the reasons why the public not taking the strike seriously and lining up at gas stations. I heard the theory repeated on some talk radio stations earlier.
The 1st theory is that there is going to be NO strike on Monday. Talks between parties will fail for now but the last emergency meeting will be on Sunday where Dr Rowley himself will be involved. An agreement will be met and strike averted. Roget will look good for getting his way and make Imbert look like a fool, while Rowley will look good politically as he "averted a major crisis" and will have relevance in the upcoming THA elections. Petrotrin will continue to be a politically charged landscape for whoever is in government while the company itself goes downhill.
The 2nd theory. is that Financiers want Petrotrin to strike to the point that they will be so crippled that the company will declare bankruptcy. Emergency meetings will be held by Government where financiers will move in to save and stabilize the company. Government gets a liability off their hands, Financiers get a deal (especially if they invested politically and looking for their ROI), and OWTU will be humbled meaning they would not be the "big bad" union/force anymore. The only problem with this theory is that it may be political suicide for Dr. Rowley. Also, as Redman stated, too much people from both political sides have contract inside and don't want anybody to touch it.
We'll wait and see how it goes.
nervewrecker wrote:I can tell you those figures are wrong. Dead wrong!
nervewrecker wrote:Lower.
Even before taxes and deductions its lower.
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