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United Automobile Workers of America (UAW)

16668 messages,  Last post on Nov 11, 2009 at 8:03 AM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Automotive News


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#5011 of 16668
rocky...rocky..rocky... by iluvmysephia1
Nov 17, 2008 (3:58 pm)
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all right. Here's the deal. I don't like what's going on. Congress will offer a bailout, GM, Ford and Chrysler can't fail. Well, maybe Chrysler-Cerberus will.
 
But I, if you will recall, have been laid off twice from a company called The Boeing Company. And, I have pulled myself up by my bootstraps and re-trained for a totally different career, the Allied Health field.
 
So, I had to tie all of the bureacracy and red tape together, study hard, and I mean study hard, and I made it.
 
I can't help but think internally on this one. I can tell you from personal experience that there is life after a manufacturing job.
 
rock, tell me the truth here. Do you, in your heart of hearts, think GM can pull out of their large Depression with a, oh, let's say $50 Billion dollar Federal Government bailout?
 
Or are we just going to be prolonging everyone's misery. I remember 2002 at Boeing, everyone's productivity was being shot to hell because all everyone wanted to do was put down Phil Condit and Harry Stonecipher(two Boeing CEO's of that era). I mean, SPEEA got all the socialist juices going, but they also stirred the pot so that working on real Boeing jet aircraft drawings became a background hobby for us.
 
I am saying that the healthcare industry is hiring, you've just got to go out and line up some trianing for yourself. It's honest work, though, sure, my college tuition and books were paid for by The Trade Act, but it was done honestly and in view of all authorities.
 
This GM bailout is starting to smell of lobbyist-disease and pork-barrel large corporate hand-wringing and handouts. It's starting to really smell. I'm saying these people who are UAW can find another way out than working for GM. And why not large numbers of them? Huh?
#5012 of 16668
Re: UAW [fezo] by steve_ HOST
Nov 17, 2008 (4:08 pm)
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Replying to: fezo (Nov 17, 2008 2:39 pm)

But that insurance policy doesn't pay out 100% of what you would have gotten. It's a reduced pension.
 
My sister was a long time UAL employee and she got her full pension in spite of UAL's bankruptcy. I think Kernick pointed out somewhere around here that the PGBC pension amount is based on years of service or some formula like that.
 
Since the Big 3's workers are generally older than those employed by the foreign car manufacturers in the US, many of their pensions may not be reduced all that much. Either way, the taxpayer is gonna be on the hook big time, since the premiums paid into the PGBC won't be near enough to cover the payments.
#5013 of 16668
Re: rocky...rocky..rocky... [iluvmysephia1] by rockylee
Nov 17, 2008 (4:36 pm)
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Replying to: iluvmysephia1 (Nov 17, 2008 3:58 pm)

I WANT EVERY PERSON TO WATCH THIS VIDEO PLEASE !!!
 
http://www.youtube.com/watch?v=72cHfOKoA1c
 
-Rocky
#5014 of 16668
Re: rocky...rocky..rocky... [iluvmysephia1] by fezo
Nov 17, 2008 (4:38 pm)
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Replying to: iluvmysephia1 (Nov 17, 2008 3:58 pm)

Good point, Steve.
 
No doubt about it that no matter how this goes we're going to pay a large fortune.
#5015 of 16668
GM FACTS AND FICTION by rockylee
Nov 17, 2008 (4:45 pm)
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http://gmfactsandfiction.com/
 
-Rocky
#5016 of 16668
So does those numbers not scare you ??? by rockylee
Nov 17, 2008 (5:04 pm)
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I think as I said have made my point very clear as to the domino effect the Big 3 collapse would have including healthcare jobs. The difference iluv, is Boeing didn't go belly up despite you losing your job pal, and it was democrats who pushed to save Boeing, despite people like McCain, who faught giving Boeing's, union folks contracts and gave them to McDonald Douglas, !!! Boeing, like General Motors, is an important industry not for just the jobs it provides but their demise is a national security issue and I have a feeling someday WWIII will break out and it will be companies like the Big 3 and Boeing, who will give us a fighting chance at victory while you work on doing your healthcare deal on us young guys who are doing the fighting !!!!
 
"The Rock"
#5017 of 16668
Re: UAW [steve_] by cooterbfd
Nov 17, 2008 (5:08 pm)
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Replying to: steve_ (Nov 17, 2008 4:08 pm)

According to the PBGC, they pay 100% of the first $11 per mo., per yr of service of benefits, then 75% of the rest. So you would receive more than 75% of your pension. I would venture to say if you received $3000/mo., PBGC would pay $24-2600/mo.
#5018 of 16668
Re: Be thankful for Honda, Toyota [chikoo] by dave8697
Nov 17, 2008 (5:30 pm)
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Replying to: chikoo (Nov 17, 2008 2:25 pm)

Are you part of the phoney brainwashing media blitz wanting to see America fail?
#5019 of 16668
Re: UAW [cooterbfd] by imidazol97
Nov 17, 2008 (5:36 pm)
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Replying to: cooterbfd (Nov 17, 2008 5:08 pm)

Are you saying that the PBGC doesn't pay the full amount of the pension?...
 
--charlie
#5020 of 16668
Re: UAW [cooterbfd] by imidazol97
Nov 17, 2008 (5:42 pm)
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Replying to: cooterbfd (Nov 17, 2008 2:34 pm)

>Sorry Charlie,
 
Who's Charlie?
 
What companies have CUT retiree healthcare and checks
 
A neighbor of a close friend had his pension cut and healthcare costs were increased. I don't know if it's a national company from which he retired or not. I'll ask our friend when I see her next. She had him paint her home and do some interior paint and light remodeling work because she felt sorry for him.
 
A parent in a group my son was in kept finding the national company for which he worked kept changing the promise for healthcare for retirees. He hadn't retired yet but what I understood is that the company kept paying less and less. He also kept fighting the changing amount of retirement if he did retire. I don't see him often to ask how it turned out.
 
In GM's case the retirees need to take a reduction to help keep the company going. Otherwise..., no sympathy.

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