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Automotive News & Views United Automobile Workers of America (UAW)
16701 messages, Last post on Nov 20, 2009 at 3:39 AM
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Replying to: andre1969 (Dec 12, 2008 6:29 am) Paying 4.25% and getting 3.75%. Well worth it to have a bit of cushion if GM goes under. |
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Replying to: meglassakt (Dec 12, 2008 1:18 am) If that were true the jails would be overflowing. Contracts are broken every minute of the day. Lots of union contracts are supposedly illegal to break (especially public employee ones), but that doesn't seem to slow anyone down. The spin: "The UAW is deeply disappointed that Senate Republicans have blocked the bipartisan legislation that was agreed to by President Bush and congressional Democrats." Detroit Free Press
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Replying to: tlong (Dec 11, 2008 9:47 pm) It is the game of chicken, very simply put. Who will blink first? UAW or the Government? |
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Replying to: 62vetteefp (Dec 12, 2008 7:36 am) Paying 4.25% and getting 3.75%. Well worth it to have a bit of cushion if GM goes under. Depending on your tax situation, you may break even after the mortgage interest deduction. Certainly a good move in my opinion. Good luck.
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Replying to: andre1969 (Dec 12, 2008 6:24 am) At the risk of hijacking the discussion, 90 hrs is pretty regular for Doctors doing their residency.....it is brutal. They live in the hospital, literally.
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Replying to: dieselone (Dec 12, 2008 7:58 am)
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Replying to: chikoo (Dec 12, 2008 7:58 am) Yeah, I can imagine! To a degree though, they probably get acclimated to it. In my case, I had been averaging maybe 44-45 hours per week, and hadn't worked a second job in about 4 years. So to suddenly go from that slower pace to 90 hours kicked my butt!
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Replying to: andre1969 (Dec 12, 2008 8:33 am) To paraphrase Click and Clack, don't drive like my doctor. It's obvious that medical residents need a better union. 
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Replying to: cooterbfd (Dec 11, 2008 2:58 pm) As far as suppliers, they will sink or swim on their own...like it or not, if someone (person) or something (company) files bankruptcy, and they eliminate their debt to that supplier, then the supplier will either absorb the loss and continue operating, or they, too, will go bankrupt...it is a tough thing to swallow, but the right to file bankruptcy and relieve yourself of all/some of your debt does not take into consideration the effect of your bankruptcy, even tho it may start a chain reaction... The bottom line is that the Big 3 cannot continue on like they are, making cars in numbers that enough people refuse to buy...their overcapacity is shameful, and they simply do NOT need as many plants, or workers, to make the products that CAN sell...the must shed workers by the 1000s, and close plants that make products that nobody wants...it is that simple...the human cost, SADLY, is immaterial in the long run...if a company has the workers to make 5 million cars but only sells 3 million, and cannot make a profit because of the overhead of the capacity to make 5 million, then the plants and the workers must be eliminated...period...if billions of profit were there, those workers could be eased out slowly, but with no profit, the workers must be jettisoned TOMORROW... |
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