I dont disagree with about the pensions. I clearly see them as a problem. What you fail to realize is these pensions are for ALREADY performed services. You are literally taking wealth away from people who have already earned it.
Do you plan on taking peoples retirement assets to? How about taking peoples capital gains too because of the national debt?
Its easy to complain about others peoples assets but the second someone comes for yours the guns come out right?
Regarding the pension thing I see it as thus:
Some moron at the top promises a pension or benefit package that just plain isn't sustainable, the union accepts it because its totally awesome and then the moron that OKed it retires or resigns or who cares what. The company then cannot afford the pension (of course, it never could) and its crippled against it's competitors that are either new on the scene or didn't agree to that setup and asks for concessions.
The union can then either accept the loss of some of their "earned" wealth to allow the company to become more competitive or they can dig in their heels. If they dig in their heels the company may cut costs to pay the obligations but their products will become stagnant and uncompetitive exacerbating the problem and eventually kill their golden goose. Of course this ignores the federal government coming along and bailing them out every 20 years, so the union can always just rely on the taxpayer as a backstop.
The same thing happens with public sector unions but its slower because people have a harder time moving to escape paying for that which wasn't sustainable in the first place. Eventually though the funding source starts to disappear. You might even cut services to pay the pension obligations...but again that will damage the quality of life for the tax payers and increase the rate of exodus. Unless the state or federal government comes along and bails them out of course.
I almost feel like if the new plants wanted a union they'd be better off forming a new one of their own. It seems like the old union comes with a lot of obligations for old members from other companies and you'd just end up being expected to do with less so that they wouldn't have to do without that which they feel they are due. I didn't think it was any secret that new younger members of any union were usually the first to be laid off or have their pay or benefits slashed when times got tough. Seniority rules and all those guys down south are pretty new to the game aren't they?