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To: jimkress
They weren't implied contracts they were guaranteed and part of workers salary and benefits that the company agreed in written contracts to provide the workers in exchange for their labor.
4 posted on 02/09/2003 4:16:15 PM PST by A Patriot Son
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To: A Patriot Son
Not the retirement health care.
5 posted on 02/09/2003 4:19:12 PM PST by jimkress
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To: A Patriot Son
But aren't those contracts at risk if the company is sold? Are buyers obligated to assume the pension and healthcare costs?
7 posted on 02/09/2003 4:20:56 PM PST by mewzilla
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To: A Patriot Son
UNION contracts being the key word here. They should sue their union reps for all the dues they paid out.

Look for the auto makers to do the same thing. Boomers' union promises cannot be kept and everybody knows it. Do the math....
190 posted on 02/10/2003 11:47:02 AM PST by mabelkitty
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