UAW members approve General Motors concessions

townhall.com ^ | May 29, 2009 | KIMBERLY S. JOHNSON and TOM KRISHER

[re_tail20]

The United Auto Workers union has ratified a package of concessions designed to reduce General Motors Corp.'s labor costs.

UAW President Ron Gettelfinger said at a news conference Friday that 74 percent of GM's 54,000 U.S. production and skilled-trade workers voted in favor of the deal.

The vote comes before an expected Chapter 11 bankruptcy protection filing by GM on Monday. Bankruptcy experts say having the labor agreement in place will help move the process through court more quickly.

The UAW says the cuts will save GM $1.2 billion to $1.3 billion a year.

[pleikumud]

“UAW members approve General Motors concessions”

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This should read, “UAW agrees to take $100 billion or more from taxpayers”.
Socialist Obama and the Socialist Congress are buying union votes with our tax money, and/or our increased national debt. Perhaps Government Motors will announce a new model called “Peopleswagon”? Who in his or her right mind would buy a Government Motors car or truck? Taxpayers are going to pay to keep this sucker alive until we vote the Socialists out of office. The waste will likely exceed $200 billion.