When will the air travel unions wake up?

The bell is tolling for thee
airline employee.

This is going to be quick. Not because it is without great merit, but because I have to work for a living.

" Continental Airlines Inc. will cut 3,000 jobs and slash its jet fleet by 18 percent, becoming the fourth big U.S. carrier to shrink operations because of soaring fuel prices."

What's new? With airline companies going bankrupt and many others cutting their routes (read employees), why not Continental?

Hmmm. Why not? Maybe because they might be more profitable if their executives did not take such absurd salaries. I posted about the former CEO Gordon Bethune who took a lump sum payment of $22 million in 2004 while driving the stock price from $17/share to $9/share.
It didn't end with Gordie. Just for a taste:
Mr James E Compton, Divisional Executive VP $4.3 million
Lawrence W Kellner , CEO/Chairman $9.1 million
Henry L Meyer III, President/Director $18.3 million
Mr Jeffrey J Misner, Executive VP/CFO $4.7 million
Mark J Moran, Divisional Executive VP $4.5 million
Oscar Munoz, Executive VP/CFO $7.9 million
Jeffery A Smisek, President/Director $7.9 million

There are many more in Continental making millions while the company struggles. Way too many for a company about to end thousands of living wage jobs. Ruining thousands of lives and driving the over all economy down further.

That's my real beef. Living wage jobs do the most to stimulate our economy. A large middle class creates a stable system. We spend a larger percentage of our income while these multimillionaires just find ways to make more money off their money. Which means they are expecting someone else to do the work of earning them money. Can you say slave class on the horizon? That's where we are headed.

By consolidating more and more of the countries wealth in the hands of fewer and fewer people, less cars get bought (notice all the auto plant closures), less travel happens (notice the airlines folding), consumer index goes down...need I go on?

Union leaders wake up! There are cannibals about and they need to be stopped!

They can tell the media that it is the rising oil prices, but we already pointed out that the oil companies are taking us for a ride. Our alternative power system could be already providing us with the power we need if we hadn't subsidized oil and nuclear for so long.

I'm not saying people in administrative roles shouldn't be compensated, but they shouldn't make 1000 times what their base workforce earns AND they definitely shouldn't make these obscene amounts when they fail to make the company profitable!

That feeling in your backside is not an impending massage. If it is not hurting now, just wait till the end of the lubricating effects of the oil.