Posted on 05/29/2009 7:25:37 PM PDT by Timeout
Been hearing all week about the HUGH and SERIES concessions the union made to get the GM deal done. But I couldn't find any details...just the union guy's talking points.
Finally discovered more at a paper that won't let us post from it. Someone posted those facts in a comment section at the WaPo, so I'm calling that my "source".
Here are the truly depressing details...for which you and I are picking up the tab:
* GM agreed not to terminate or freeze its hourly pension plan or reduce benefits and
* It didn't cut workers' base pay.
• The UAW is barred from striking GM until September 2015.
• Cost-of-living adjustments and performance bonuses for UAW workers are canceled throughout the contract and one paid holiday, Easter Monday, in 2010 and 2011, is eliminated.
• UAW workers can get $20,000 in cash to retire and a $25,000 vehicle voucher. Workers with more than 20 years can get $115,000 in cash and $25,000 vehicle voucher to quit early.
• Tuition assistance for UAW workers is suspended for at least a year for all current and retired employees.
• Dental and vision coverage and some prescription drugs for hourly retirees are eliminated, including erectile dysfunction medication. Low-income retirees who previously had no co-pay must now make an $11 monthly co-pay.
• GM UAW employees will no longer be paid for unused vacation. Breaks will be shortened and overtime rules tightened.
(Excerpt) Read more at washingtonpost.com ...
I will never, EVER buy another American car again. EVER.
Oh, and I’m just THRILLED about those guys who’ll get $115,000 of MY MONEY if they agree to retire...probably in their early 50’s.
If this is for real, I am going to puke.
It’s for real: front page, Detroit News.
Which will you prefer, A Mexican built Ford or a transplant? I feel the same way, and I’d like to know what others think the pros and cons of either would be.
Yeah, I guess I should have attached a “bucket alert”.
They don’t need erectile dysfunction medication. After all, they are screwing about 108 million taxpayers without it.
I guess they didn’t have to sell the country club and golf course.
Why don’t you try taking their place on the assembly line ?
Maybe then you’d have something to be thrilled about.
Including Ford? Just curious.
Is the Ford F-150 Pick up still built in America?
agree.
“I will never, EVER buy another American car again. EVER.”
Don’t penalize Ford, though. Remember, Ford told Zer0 to pound sand re: a bailout.
<<< Why don’t you try taking their place on the assembly line ? >>>
Er. OK. Maybe you could elaborate a little?
Who ya goin' to believe...The Huffington Post or the Heritage Foundation?
I say that, because as I was looking for info, I came across this post over at the Huffington Post (yes, I have decontaminated my computer...) Check this out:
(By some guy called Trooamerican)
Dont you realize you are purposely lying about American families' lives and retirements for a hate based political agenda that hasnt an ounce of truth or decency to it?
These people ARE the middle class in America and they are shrinking due to you and people like you spreading deceit for the only purpose to harm other american families, their children, their communities. You spread a republican agenda of AntiChrist-Level profiteering for the Executive class, while Slapping down the American worker with the only desire to force them to work for minimum wage and no benefits.
The previous highest ever wages for a UAW worker with decades on the job was $29.00/hr which translates to $58k As of concessions made in 2007 on their own with no "Lending crisis" pushing sales down, all new workers start at a lowly $10/hr. Benefits were cut, retirements were cut, pay was cut, jobs lost, etc.
Lie all you want, it doesnt change the fact that these people make the second biggest purchase in most people's lives behind a house, and deserve a good pay, not crappy pay like walMart.
And for those that think sending the domestics down the drain is funny, Chrysler the smallest of the 3 has over 140,000 employees at its dealer network nationwide that will be out of jobs in your communities, and im sure that + suppliers, the autoworkers themselves and supported small businesses losing jobs will just help our economy so nicely.
I post this just in case some of us may forget how completely delusional liberals are.
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