I have been listening to him. What an assclown, saying that Toyota’s wages are equal to GM’s already. He is excoriating the Denate Republicans and praising Bush. Divide and conquer and that is what they have done. Bush is an IDIOT.
New Hires will receive pay at a rate of $14.00 per hour starting in 2010. Current workers will continue to receive the higher pay scale. This is why the automakers have been buying out high seniority workers to get them to voluntarily quit. Some of the receive as much as $70,000 to quit.
What GM is hoping for and the UAW is hoping for is bailout money to get them to 2010 and to continue to buy out UAW seniority workers.
Ditto. That dude drives me crazy, I'm not sure if he could tell the truth if it would serve him better.
While I'm burning a slot I did run into an intersting bit of info at the UAW site (as of 2002) here.
How in the heck can an auto company afford to pay 30 and out? You go to work after high school and retire at 50? And this: "Nearly half of the 302,500 UAW members at the Big Three, Delphi and Visteon will have the necessary combination of age and years of service to retire within the next five years." and "At the end of 2002, General Motors, the company with the largest workforce and therefore the greatest pension obligation, had $39 billion in pension assets."
Man, the auto makers had better go BK like yesterday.