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It Begins: US Port Strikes Erupt - World Economic Collapse (Video)

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This is a 1 October 2024 video.

Dockworkers and longshoremen in East Coast ports are now on strike in a major labor action with real consequences for the U.S. and international economy. 

At stake in the negotiations is a wage and compensation package from the U.S. Maritime Alliance (USMX), an alliance of companies that operate East and Gulf Cost ports, that the union is so far rejecting.

“The Ocean Carriers represented by USMX want to enjoy rich billion-dollar profits that they are making in 2024, while they offer ILA Longshore Workers an unacceptable wage package that we reject,” the ILA said in a Monday statement.

Biden released a statement Tuesday encouraging collective bargaining and supporting the rights of workers.

“Collective bargaining is the best way for workers to get the pay and benefits they deserve. I have urged USMX, which represents a group of foreign-owned carriers, to come to the table and present a fair offer to the workers of the International Longshoremen’s Association that ensures they are paid appropriately in line with their invaluable contributions,” he said.

https://youtu.be/77H1jjDtbSI


0:00 – Intro
2:40 – What do the Workers want?
7:07 – Is this Situation Unreasonable? 
11:00 – How long will it take for Prices to go up?
13:08 – Localized, Houston Port 
14:46 – Google Maps Port of Houston 
16:30 – Taft Hartley 
20:30 – Should Texas lower Taxes to Help?
26:20 – Economic Impact 
29:20 – Is this the Black Swan that Crashes the World Economy? 
31:50 – 401k at risk?
34:00 – Pass Tax to Owners
35:30 – How do we Make Change?



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  • truck driver

    Ports are all Foreign nationals and illegals

  • starlight

    UNIONS ARE CANCER ON SOCIETY. FOR THE SAME WORK, TO LET JUST FEW PEOPLE BENEFIT AND THE REST NOTHING IS MORE THEN JUST DISGUSTING. HOW IS IT POSSIBLE, THAT SO MANY PEOPLE THAT ARE WORKING PUT UP WITH IT. THEN YOU HAVE SOME MORONS, THAT’S UNION LEADERS DICTATING TO PEOPLE THAT ARE ABLE TO CREATE OPPORTUNITY TO WORK WHAT THEY WANT AND HOW THEY WANT IT.

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