Detailed text transcripts for TV channel - FOXNEWS - 20121228:21:28:00
The thumb and gun of big labor threats. the l.a. and long beach strike that lasted a little over a week around thanksgiving was estimated by some estimates to have cost a billion dollar a day. this would have been far worse. i don't think it's over. we're not out of woods. we don't know the details. and the sticking point has been these container royalties, an issue i've covered more than a year. what people need to know is it's a an archaic holdover from the '60s and '70s, essentially every longshoreman on the east coast, on the gulf coast, is paid something on the order of $16,000 per head f...
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