Unions at it Again: And FPL fight Back

by The Investment U Research Team

We make no secret about our concern of unions disrupting the business practices of otherwise productive companies. And today an article in The New York Times gives us new cause to shudder.

Apparently our dearest unions are cozying up to environmental regulations and activist groups to fight and frustrate solar companies that don’t agree to union construction, jobs.

Do we need more reasons to not like unions?

Hmm. We present exhibit A: General Motors (OTC: GMGMQ) Exhibit B: Chrysler. Please don’t make me go any further. Those two union disasters should be plenty. It’s disheartening enough for two once proud companies to fail like they did.

The fact of the matter is unions had their place – in an era where workers didn’t have the ability to hire accident and liability lawyers, didn’t have OSHA, workers compensation, disability, unemployment, etc. the list goes on.

It’s worrying that one of the literal “bright spots” in renewable energy is being slowly hijacked by these manipulative organizations.

We applaud FPL Group (NYSE: FPL) for fighting against inefficiency and extortion. And as a utility supplying power across the country we congratulate them on their push into renewable energy sources. Their green investments will produce green of a different kind for investors.

Symbols mentioned in this article: GMGMQ and FPL.

Any investment contains risk. Please see our disclaimer


Related Investment U Articles:

Comments

**By submitting your comment you agree to adhere to our Comment Policy and Privacy Policy.

Check out our selection of daily Investment Research:



IU Blackboard IU Archives


What is Investment U?

Founded in 1999, Investment U publishes the free Investment U Daily newsletter, along with many other products designed to help investors make better decisions with their money.

Recent Articles


Investment U Weekly Update



Search Investment U:



What Readers Are Saying...

"Congratulations for the very good articles in your newsletter. Well written and full of information. I enjoy and learn a lot from it... Keep up the good work, for in the Information Age, no investor is allowed to claim he did not know..."
Chaim K.

"The E letter from your company is so interesting, vivid and helpful I really love it on my email often for news learning as well as near-future investment. Thank you again!"
Tam T.

Questions? Comments? Feedback?