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Automotive News & Views United Automobile Workers of America (UAW)
16663 messages, Last post on Nov 08, 2009 at 9:32 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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And the sticking point?? The group came close to agreement, but it stalled over the UAW's refusal to agree to wage cuts before their current contract expires in 2011. Republicans, in turn, balked at giving the automakers federal aid. The UAW did not immediately react to the failure of the Senate proposal. Bailout DEAD! Greed is the ultimate killer. Regards, OW
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Replying to: cooterbfd (Dec 11, 2008 3:14 pm) I wonder though, when you're pulling that kind of hours, how you'd find the time to spend it! For a brief time, I actually had three jobs, back in early 1996 when I got divorced, and was deep in debt. There was a couple times I pulled in 80+ hours per week, and I think once I hit 90! About all I had time for though, was work and sleep! At that time, all the money was going to pay down bills, so I couldn't have blown it on an extravagant lifestyle if I wanted to...but even if I could, I wouldn't have the time! Back in March 2005, there was one week where I had to work 90 hours. It was pretty brutal. It was one thing when that 90 hours was spread across three jobs, and one of them involved a lot of running around, delivering pizzas. At least there was some variety, and it kept me moving. But to do 90 hours of PowerPoint and proofreading, is enough to rot your brain! I imagine that if you're getting overtime on a regular basis, you just get used to it always being there, and it's easy for your lifestyle and spending habits to adapt. Up until about 1-2 months ago, I had been averaging 4-5 hours of OT per week at my job. And on top of that, I maxed out my leave balance, so they've been letting me cash out 8 hours per week. So for the time being, that's been like getting a 30% raise! (getting paid for 52 hours, rather than 40. Also, I don't get time and a half, just a straight hourly rate). Unfortunately, about 1-2 months ago, we had a meeting, and they said they're going to start cutting out overtime to save on costs. At first they tried to stand their ground on it, but then they realized that if I go home as soon as I hit 40 hours and something comes up, the people that are left here can't always handle it. So they backed down on that one. And the vacation paydown won't last forever, either. We switch companies in a few months, at which point they just cut a check for our remaining balance. I never was one to live beyond my means. I've taken the extra income from the vacation paydown and the overtime and invested it (which in this economy, means I would've been better off stuffing it in a mattress.  ) Still, I guess it's not hard for some people to adjust their lifestyle, thinking the prosperity will go on forever. How easy it is to forget the past!
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Replying to: gagrice (Dec 11, 2008 6:35 pm) If you're married, isn't the insured maximum doubled? So $500K in this case? Or is that an old wive's tale? And yeah, much over 2.5% is pretty mythical these days. I know Emigrant Direct is at 3%, but I'm expecting them to drop soon. They usually change their rates soon after the Fed does, but this time they've slacked off...thankfully! Citibank had some savings account that was paying 3.5%, but it's down to 2.75 now. I was able to lock in a 6-month CD with H&R Block bank for something like 4.25%, but I doubt if they'd pay that now. And I didn't want to tie up the money any longer, just in case I need it. |
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Replying to: circlew (Dec 12, 2008 3:54 am) I got news for the UAW. Obama has 12 million illegals waiting for their free green card. They will be more than willing to work for the going wage in the industry. It would do the UAW workers good to be in a WPA type camp building roads in the wilderness for 3 squares and a tent to sleep in. Many have never known what it is to work like a dog for minimum wage. It is an experience everyone should go through. You appreciate what you have in a good job so much more.
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Replying to: andre1969 (Dec 12, 2008 6:29 am)
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Replying to: andre1969 (Dec 12, 2008 6:24 am) Easy, all you need is a spouse and kids. I remember when I met my wife and her dad was an iron worker for LTV. He worked doubles 6 days a week for years and that didn't end until LTV went belly up. Particularly when he had 2 kids in college and one getting ready to go. One of my grandpa's best friends actually worked fulltime for both US Steel and Republic Steel in NW Indiana for about 20 years. Sure he made plenty of money, but he went through several wives, ended up gambling it all away, what he didn't gamble away, he drank away, then died about 10 years into retirement from a heart attack. Go figure. Still, I couldn't imagine working two 40 hour/week jobs for 20 years. I'd think that would be tough liven. |
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Replying to: gagrice (Dec 12, 2008 6:44 am)
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Replying to: andre1969 (Dec 12, 2008 6:51 am) I am not positive. It seems like that is what the manager at WaMU told us when we were concerned about their financial condition. |
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Replying to: tlong (Dec 11, 2008 7:47 pm) First I do not disagree that the government should not be bailing out corporations or individuals. BUT when I talked to Milton last week he said that this is a case where the government needs to do something to keep millions more of americans from losing their jobs and making it worse. Whoops, could not have been Milton, he died 2 years ago. Where did your hear that he said that all the suppliers would be fine if GM went under? 
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Replying to: steve_ (Dec 11, 2008 8:03 pm) So funny. Here GM is ready to go out of business and the UAW says it will not speed up its concessions and get parity with the other non union shops to save their own jobs. For those who said the domestics should have not have caved in to the UAW demands when the big 3 were making money a little knock on the head. 
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