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United Automobile Workers of America (UAW)

16701 messages,  Last post on Nov 20, 2009 at 3:39 AM

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#6853 of 16701
Re: Wonder what... [gagrice] by tlong
Dec 27, 2008 (8:40 pm)
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Replying to: gagrice (Dec 27, 2008 5:06 pm)

"among the union's biggest fixed assets, have lost $23 million in the past five years alone, a heavy albatross around the union's neck
 
I would have liked to see Senator Corker asking Goldfinger about his UAW golf club at the same time he was asking the CEOs about their private jets. Let's spread the publicity around about the D3 - over the past ten years, while the CEOs were jetting and the UAW was golfing, the automobiles were filled with hard plastic, bad head gaskets, and failing transmissions.
 
Open your wallet, as a taxpayer you must do your civic duty.
#6854 of 16701
Re: Good medical & dental for UAW retirees without coverage [cheezhed] by dallasdude1
Dec 27, 2008 (8:44 pm)
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Replying to: cheezhed (Dec 27, 2008 11:31 am)

I'm not sure why the AMA and the practice of medicine has been interjected into to a UAW discussion(?)
 
The AMA/UAW is the union/lobby for doctors/rank and files. So they watch over the doctors/tank and files best interests. Did you not read the link?
 
If you wish to refute any of the "PSEUDO FACTS", please bombard me with some logic and or deductive reasoning. The fact that the AMA has and will continue to limit the supply of doctors and therefore some will suffer needlessly and or die is a reality. More doctors, means lower fees/costs and therefore more health care to humans. I know right from wrong. I know that what the AMA does is wrong in comparison to the transgressions (if any) of the UAW.
#6855 of 16701
Re: Really... [iluvmysephia1] by dallasdude1
Dec 27, 2008 (9:26 pm)
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Replying to: iluvmysephia1 (Dec 27, 2008 1:36 pm)

What's nuttier is that GM management just went along with their bloated demands! That's the Gary Payton jumper that swished right through to beat the Bulls, people. They just went along with it, to their eventual early demise.
 
As far as not retiring early, I agree thats a fatal mistake. I believe that one has to have outside interests or a hobby.
 
Your GM management going along with it is just silly. Just go into any dealership and tell them some terms which they don't agree with. More than likely your demands will not be met. You will be leaving in the same car you drove in. In any economic exchange both parties must agree that they will be better off and therefore its a bilateral situation. Demanding unilaterally that Iraq be a democracy didn't and won't work.
 
As I recall, the Bulls won 2 threepetes in the 90's (the NBA's greatest era). While a quick first step is vital to getting the defensive player back, you have to prove you can drive before getting respect. Otherwise you will get packed. No disrespect intended, but Payton is no Jordan, or for that matter he isn't even a Pippen. From those below Stockton is my pick of the litter.
 
Karl Malone. Charles Barkley. John Stockton. Gary Payton. Patrick Ewing. Alonzo Mourning.
 
Those aren't just the names of great players, those are the great players that never won a championship in the 90s for one reason - Michael Jeffery Jordan.

 
http://jordanrivas.newsvine.com/_news/2007/11/11/1082535-nbas-best-the-jordan-er- a
#6856 of 16701
Re: Just a few thoughts [marsha7] by dallasdude1
Dec 27, 2008 (10:07 pm)
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Replying to: marsha7 (Dec 27, 2008 6:13 pm)

after reading a few books lately (Call Me Roger, Comeback),
 
AIG, Sept. 17, 2008: $85 billion guaranteed by the Federal Reserve.
 
Bear Stearns, Mar. 16, 2008: $29 billion guaranteed by the Federal Reserve
 
MBIA, Dec. 10, 2007: $1 billion from private equity fund Warburg Pincus
 
UBS, Dec. 10, 2007: $11.5 billion from Singapore’s sovereign wealth fund, along with an unnamed Middle Eastern investor
 
E*Trade Financial, Nov. 29, 2007: $2.55 billion from Citadel Investment Group
 
Citigroup, Nov. 26, 2007: $7.5 billion from Abu Dhabi’s sovereign wealth fund
 
Countrywide Financial, Aug. 22, 2007: $2 billion from Bank of America
 
Goldman Sachs Hedge Fund, Aug. 13, 2007: $3 billion from Goldman Sachs and investors including C.V. Starr & Co. and Eli Broad
 
U.S. Domestic Airlines, September 2001: $15 billion from the U.S. government
 
Russia, 1998: $17 billion in loans from the International Monetary Fund
 
Long Term Capital Management, 1998: $3.6 billion from various Wall Street firms
 
Apple, August 1997: $150 million from rival Microsoft (beat Sony Walkman with an IPOD senseless)
 
Mexico, 1995: $50 billion in loans ($20 billion from the U.S. and more than $30 billion from the International Monetary Fund, Europe, private banks, and other trading partners)
 
Salomon Brothers, 1987: $700 million from Warren Buffet’s Berkshire Hathaway
 
Various U.S. Savings and Loans, 1986-1995: $124 billion from the FDIC
 
Continental Illinois, 1984: $1 billion in capital from the FDIC, which also guaranteed the bank’s $30 billion in uninsured deposits and assumed $3.5 billion of the company’s debt
 
Chrysler, January 1980: $1.5 billion in loans from the U.S. government
 
City of New York, 1975: $150 million from the New York City Teachers’ Union plus refinancing $3 billion of its debt
 
Lockheed Aircraft, 1971: $250 million in loan guarantees from Congress
 
New York City Trusts, 1907: $50 million ($30 million from John Pierpont Morgan, along with other bankers and $25 million from the U.S. Treasury)
 
So whats Apples market share of the MP3 player market?
#6857 of 16701
Re: Wonder what... [tlong] by dallasdude1
Dec 27, 2008 (10:28 pm)
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Replying to: tlong (Dec 27, 2008 8:40 pm)

UAW was golfing
 
As head of one of the nation’s most powerful unions, Gettelfinger doesn’t earn nearly as much as Detroit’s top CEOs. GM’s Rick Wagoner, for example, made more than $14 million last year. But Gettelfinger’s total compensation of nearly $160,000 annually far exceeds the U.S. median gross family income of $61,500 and puts him among the top five percent of all tax filers, according to U.S. Census Bureau and IRS data.
 
And the UAW is anything but poor, with net assets reportedly worth an estimated $1.23 billion. UAW membership has been declining for years, as it has for most major unions, but annual income from member dues, interest and other revenues exceeded $300 million in 2006.

 
Lets seperate the winners from the losers please.
#6858 of 16701
Re: Wonder what... [steve_] by dallasdude1
Dec 27, 2008 (10:36 pm)
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Replying to: steve_ (Dec 27, 2008 11:00 am)

Its named after Walter and May Reuther.
 
The Walter and May Reuther Family Education Center
 
The course is open to all UAW members and retirees, as well as the public on a space-available basis.
 
A fervent naturalist, Reuther personally tagged nearly every tree on the property. Not one was taken down without his permission.
 
http://www.blacklakegolf.com/family-education-center-24/
#6859 of 16701
Re: Wonder what... [dallasdude1] by steve_ HOST
Dec 27, 2008 (10:54 pm)
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Replying to: dallasdude1 (Dec 27, 2008 10:36 pm)

Hmm, an education center with golf in the URL.
 
The UAW lost $23 million on it in the past five years. I wouldn't want my union dues going to pay for that. But I don't golf.
#6860 of 16701
Re: Wonder what... [gagrice] by dallasdude1
Dec 27, 2008 (11:17 pm)
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Replying to: gagrice (Dec 27, 2008 5:06 pm)

They did build a huge resort in Indian Wells near Palm Springs. It was not even open to members of the Teamsters. We probably could not afford to join. The bottom line is our $13 million land investment with the Pension Trust money has netted to date over $450 million.
 
Lets see if I'm getting this right? They used your money to build that? Then you can use it?
#6861 of 16701
Re: Wonder what... [dallasdude1] by steve_ HOST
Dec 27, 2008 (11:24 pm)
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Replying to: dallasdude1 (Dec 27, 2008 11:17 pm)

I don't see the cost benefit ratio with this stuff.
 
If I'm a Ford shareholder, I don't see a lot of benefit for all the exec perks they get either. Something like the Henry Ford Museum is cool, but that's not supported by the shareholders. I doubt that Mulally went to Ford because they bought him a country club membership.
#6862 of 16701
Re: Wonder what... [steve_] by dallasdude1
Dec 27, 2008 (11:34 pm)
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Replying to: steve_ (Dec 27, 2008 10:54 pm)

The golf course was added later on. Its a money maker by fact that its a top course. I don't golf either, but its the only place one can drink and drive. Its basketball courts are great too, as my youngest put on a show for all the UAW members. Better than an NBA game. I would highly recommend that UAW members apply to go for an unforgettable vacation. You will make some lifetime friendships, your given facts, you draw your own conclusions in groups and as an individuals. Accommodations and food are beyond your expectations in this natural setting. The younger children are taken on field trips.
 
It is funded from interest on the UAW strike fund.

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