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.

• GM’s Union Snowflakes
• Renewable Energy Rollercoaster
• China Goes Green, Dumps Hummer

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