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Automotive News & Views United Automobile Workers of America (UAW)
16717 messages, Last post on Dec 02, 2009 at 5:14 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: jimbres (Jun 24, 2009 4:37 pm) Wouldn't inflated profits lead to inflated stock prices, which many pension plans have their own company stock invested in them, thereby "paying" for the yearly obligation with the "inflated stock price"?
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Replying to: wesleyg (Jun 25, 2009 3:57 am) I agree with that. I'm sick and tired of hearing "I don't get that, why should you?". They don't realize that jobs like fire and police can be back breaking, lethal jobs that have a short (20-30 years) career. While most other gov't (state and municipal) employees aren't much more than clerks making $30-40K/yr.
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Replying to: cooterbfd (Jun 25, 2009 1:04 pm) I don't know. I suppose that it might be possible, although I don't think that it's likely, given current market conditions. We won't see "inflated stock prices" anytime soon. Still, I'm not sure why this matters to you. Most of us in the private sector aren't covered by traditional defined benefit retirement plans, which will probably disappear entirely within a generation. That was the point that I tried to make in my earlier post. None of the "new economy" corporations (Apple, Oracle, Microsoft, etc.) offer them. In the future, successful startups will offer only defined contribution plans. |
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Replying to: cooterbfd (Jun 25, 2009 1:12 pm) I hear you. My dad was a career firefighter in California. He spent about 20 years on the line, then had to switch jobs (he became a fire cause investigator, like Robert DiNiro's character in "Backdraft") for the last 13 years due to the accumulated crap in his lungs. The city still covers 100% of his health care for respiratory issues. I remember that he used to do some work on the side teaching CPR and First Aid to the workers on the oil platforms off the coast of CA --- what was interesting was that he was paid a mind-boggling $20/hour to do this! I thought that was all the money in the world at the time. |
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what is it, you and Miss Beth? What's grabbing at your heartstrings, man? Are you really through with us? All of us? New Mother Nature? It can't be true...is this what the British Navy went through when they had conquered all of the world at the time...complete, utter...boredom? You aren't one to give up the battle that easy, are you? Come on back and tantalize us with some more pro-UAW blather, rock. 
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iluv...my internal stress levels have been mounting since rocky left...they say it does a man good to punch a punching bag solely to relieve stress, and I have had no one to punch, so I am slowly becoming visibly violent...I miss rocky and his pro-UAW rants, even though he lives in a fantasy world...  ... Then, again, iluv, maybe gagrice and I have convinced him about the truth of the UAW, and he has nothing else to say... Or, Beth hasn't been selling any cars, now SHE'S depressed, he's divorced, and she needs someone to comfort her in her misery...in other words, MAYBE ROCKY IS TOO BUSY FOR THE LIKES OF US IF HE HAS HER...  
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Replying to: marsha7 (Jun 26, 2009 4:19 pm) That would be a good thing for him. Of course we miss him. I see the crazy UAW guys at Bell are still being stupid. Not much sympathy from locals in the DFW news paper blogs. Justice would be 2500 deserving people getting a good new job and 2500 UAW workers left out with their signs and ignorance. |
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Replying to: marsha7 (Jun 26, 2009 4:19 pm) |
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since the last time I had time to post anything here. Work consumed all my time. GM is finally on ch-11, wow... big "surprise"... Quoting Will Smith: Somehow "I told you so" just doesn't quite say it anymore.
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yep, I'm in the same boat you are as far as rock goes. Pound-pound-pound the punching bag! Come back rockylee! Of course, as gagrice says, he is part of our Edmunds "family" by now, and for those newbies out there on Edmunds, you'll know when you're part of the Edmunds "family." I don't want anything bad to occur to that boy, he's fae-ma-ly. Some women(and even some men)seem to give it a faaa-mmee-muuull--llyyy twang to it, if you happen to catch my drift! I spose 1,000 posts or more is a good starting point to try and guage that by.
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