this post was submitted on 15 Jul 2023
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No offense, but it seems like a really dumb idea to unionize in the middle of mass industry layoffs.
Maybe you would do it when things are going good, but if everyone around you is getting laid off and you unionize, it almost seems self-evident who's going to get laid off next.
Is it illegal? Probably. Are they going to get away with it? Probably.
Everyone should remember that big tech companies aren't your friend.
When working conditions are getting worse and people are being fired, that’s when you need a union more than ever.
In the fable of the and and the grasshopper the grasshopper needed food stored up more than ever when the winter came, but the time to be preparing for winter was the spring, summer, and fall when you plant, tend, and harvest. By the time winter comes it's too late.
The best time for someone with a variable rate mortgage to refinance as fixed rate would have been 2020. You didn't need a fixed rate back then because variable rate was in some cases less than 1%, but you need one now because mortgages are around 7%. If you refinance now it won't help.
The time to unionize was when labor had power by being in demand. 2020 would have been a good time, but maybe even the mid 2010s.
We just bought a house and went with a 5 year ARM instead of 30 year fixed to get a 5.5% rate. Sure hoping that rates go down a little in the next 5 years so we can refinance and lock in at a decent fixed rate. Rolling the dice... : (
My condolences. It's a very tough time to be stuck with a mortgage.