Unions, EU and the state of play.

So, what's going on in the moment as a very general, boring run down:

The Dow, headed towards its sacred 18312 level (which I have put forward it won't get to) is starting to repel that ceiling. One day in though, but in this constant rally we are seeing, a fall of 100+ points on the DOW is worth noting.

But, a little note on Unions:

The Unions have shown themselves to be the bad guys at this juncture. They are one of the primary forces supporting EU membership for the UK. They are opposing the destruction of this giant Goldman Sachs linked juggernaut.

Many working class are UKIP, in fact, the people who recognise immigration as a problem, which is what UKIP consider to be one of their most important platforms. The people who recognise immigration as a problem are far, far more likely to be working class. Socialists are very often champagne socialists from middle class or even upper middle class families. This was pointed out well by John Mann who directly pointed at the rise of Labours membership being from very rich residencies, rather than the working class since Corbyn's election.

So, the Unions, even though many, many of their potential customers are anti EU, are taking a pro EU line... That makes no sense! The customers of theirs that are anti EU may be verging on 50%+ if you consider a lot of Labour are anti EU.

It seems a betrayal of their stated purpose of standing up for people against big business (which the EU is definitely in bed with having passed TTIP!) As with many things from the left in general, the stupidity and hypocrisy beggars belief after a while so that you have to stop thinking about it!

However, unskilled immigration is another area. While it depresses wages obviously, another impact it has on the Unions is that the incoming workers who are not English and are here only to work because their homes have been decimated financially (or just fallen apart). They are not going tn join a Union. This obviously weakens the unions. If there is to be a fight for workers rights it has to include all workers to some extent, not to a huge extent. But if you have a lot of workers who are not going to join a union then these workers will be given priority by employers, who are seeking the most cost effective way to run their businesses!

It's again what it always is. The free market misdirected for the wrong reason!