Posted on 12/13/2008 3:46:32 AM PST by reaganaut1
Yes. And, further, expenditures from the TARP funds are limited, specifically, to financial institutions. Auto companies do not qualify.
“Side note: With the UAW refusing to give up anything, even to save their own jobs, does anyone think the stupid card-check bill will ever pass?”
It sure will. The congress is scared to death of the unions. Voters be damned. It will pass big time, with maybe a token dissent by a couple repubbies!
“Yes. And, further, expenditures from the TARP funds are limited, specifically, to financial institutions. Auto companies do not qualify.”
“When the President does it, it is NOT illegal!”
Famous RINO Saying!
>>The UAW said they might agree to suspend the jobs bank, but they refused to set a date for that, and refused to do away with it entirely.<<
I thought they had already agreed to do that, before the auto bailout debate. In either case they are not giving up anything.
http://www.medicalnewstoday.com/articles/128885.php
....The New York Times on Monday examined how for about 100,000 General Motors "white-collar retirees, time is about to run out" on their "gold-plated medical benefits" as the company looks to "make deep cuts....UAW President Ron Gettelfinger said the union would not make additional concessions to automakers
Ford/UAW Contract, 2,215 pages, 22 Pounds of UAW Rules and Regulations
Laborpains.org | December 12th, 2008 | unknown
Posted on 12/13/2008 4:11:17 PM PST by Leisler
http://www.freerepublic.com/focus/f-news/2148363/posts
Pinkerton On UAW: Not Just Wages — Work Rules
NewsBusters | Mark Finkelstein
Posted on 12/13/2008 5:20:55 PM PST by governsleastgovernsbest
http://www.freerepublic.com/focus/f-news/2148386/posts
Rasmussen survey finds shoppers wouldn’t buy cars from bankrupt auto makers
Phoenix Business Journal | 13 Dec 2008 | Mike Sunnucks
Posted on 12/13/2008 10:08:33 AM PST by BGHater
http://www.freerepublic.com/focus/f-news/2148240/posts
Maintaining or strengthening the unions will ultimately lead to a weaker business climate which in turn will result in a loss of jobs and make the remaining jobs less secure.
Bob Corker is one of the few Senators who understands this AND more importantly is willing to do something about it.
Well, here is what I know for a fact, aside from what I said before. This man is 78 years old now and has been covered under the GM health plan and will be until Jan 1 of 2009.
Perhaps i misunderstood him. He was in the white collar end of the business and worked in the accounting division.
Read the article that I attached. I think it will explain. GM just made the decision in July. Only NON union employees are affected. They have to go on Medicare. I guess it probably is effective on Jan. 1. But, the article does say that they will get a $300 bonus a month to cover the cost of Medicare and supplementals. If they are complaining about that, the company plan must be a doozy!
Perhaps the company is wanting to stop all medical benefits for retirees and give them the same $300.00 the non union retirees have to accept. It is really thyeno0nly answer the eventually7 the Unions will accept it since the alternative will be nothing. No pension OR healthy benefits for any of them.
The day of the Union has long passed and there numbers prove it. From a high of 1.5 million members (UAW) in the mid 1950’s they have declined to around 450 thousand. Only the uninformed and ignorant cannot see the long term destructive implications of an organization whose mission is to actually extract as much blood as it can from it’s victim (the corporation) short of killing it outright.
If you would like to be added or dropped from the Michigan ping list, please freepmail me.
Additional links at post # 26, thanks Civ!
Because we don’t have a George Soros. People like Rush. Sean, Savage and Levin (although I love listening to them) don’t put up a dime to help us out.
Some VERY rich lady bought Rush’s letter from Harry Reid.
Where is our George Soros?
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