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16701 messages, Last post on Nov 20, 2009 at 3:39 AM
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Replying to: gagrice (Jan 06, 2009 3:54 pm) the uaw has no control over pension funds-- all expenses for operations of the uaw black lake center - taxes, pension costs, wages, snow removal etc come from interest on the uaw strike fund per convention resolutions adopted by the delegates for the last upteen years. in michigan ( and i bet california too) your property taxes are based not only on the value of the land but what you have attached to the land or the improvements you have made to the land---like a golf course. in michigan when buildings approach 40 years of age they depreciate in value. In 2007 waverly township and the UAW agreed that the market value of the entire UAW black lake center was $12.3 dollars and the uaw paid property taxes on that value. so now what evil do you still see in the fact that the uaw has spend 33 million in acquiring the property, constructing the education center and then building a golf course with its membership's money? |
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Replying to: gagrice (Jan 06, 2009 3:03 pm) I won't say it went over anyone's head, but I think the truth is hard to argue. What I am seeing with the UAW is a big let down for many slightly skilled workers. When a forklift operator makes $118k per year and loses his job, that is going to be a reality check. No company in their right mind is going to pay a fork lift operator that kind of money. That is exactly the point. I learned to drive a fork lift in high school and got paid the equivalent today of about $10/hr. Hardly demanding work and certainly not worthy of anywhere near $100k/yr. If the company can afford to pay those kinds of wages, then great. But don't come crying to me when the company can no longer pay you that much and you have a $2k/mo mortgage and skills that equate to $10-15hr. I think the day's of the big 3 paying those types of wages for unskilled labor are over. Nothing wrong with tiered pay scale where skilled labor gets a good competitive wage and the guy pushing a broom is on a pay scale that relates to the job and skills of the person filling the position.
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Replying to: lumoy (Jan 06, 2009 6:39 am) The Big Three, The International, Black Lake are all separate entities. Thats how corporations work in this country. They treated as separate people, with limited liability. So if GM goes broke, the stockholders don't lose their assets other than what they have invested in GM. If your interested in buying from any of these separate entities? Contact them and make an offer. I'm sure they need a good laugh. Your logic in linking separate entities exposes your ignorance. As Abe said "it is wiser to remain silent and be thought a fool, then to open your mouth and remove all doubt". |
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Replying to: dieselone (Jan 06, 2009 5:00 pm) i suspect that the facts may show your joe and the other well known joe have a lot in common-- they don't exist. average big three rates are under $30 an hour.- almost the same as the transplants. but again notice how nobody ask about the average income for executives or salaried workers--let alone any of the wall street types, investment bankers and insurance brokers who actually got us into this mess. i guess their skills were such that they deserve their millions and their trillion dollar unconditional bailout.
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Replying to: dino001 (Jan 06, 2009 8:23 am) You have choice when you spend your money as you choose. WE would like the same consideration and believe the more choice the better for WE the consumer, not to mention the WE also get better pricing when more players are involved. Do you know how many UAW members take Viagra? How many UAW members are over weight? How many UAW members are lazy? This is nothing but a pathetic attempt to smear good hard working folks. WE would rather you go to Mexico, Germany, Japan, or China, just for the principle. |
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Replying to: lumoy (Jan 06, 2009 4:45 pm) I hope you are wrong, as it will bankrupt America, as the UAW has done their part to bankrupt GM and Chrysler. And if they need my tax dollars to keep going they ARE BANKRUPT. Whether they file or not. the canadian region even broke away from the uaw and became the independent canadian auto workers union. According to what I have read it was due to UAW unscrupulous tactics. maybe i'll die but i'm not going give you that satisfaction of making me select between those two options. It has to be a shock living your whole life in a dream world of Utopian wealth and to find one day it was built on sand. Reality will make the choice for you. You may have to join millions of US poor Union folks that get by with Medicare and a supplement. I was promised Medical, dental and eyecare for life also. After 20 years of expectation the reality of bankrupting our pension by giving it all to the medical industry, forced a choice on the Pension trust directors. I am glad they did not choose to bankrupt the Pension fund.
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Replying to: dino001 (Jan 06, 2009 2:15 pm) Grassley seeks transparency from AIG regarding use of Fed loan dollarsWASHINGTON – Senator Chuck Grassley has asked American International Group, Inc., AIG, to disclose its expenditures so far of the $123 billion lent by the Federal Reserve Bank in order to prevent the company from filing for bankruptcy. Grassley based his inquiry on an October 30 New York Times story which is included here with his letter of inquiry. October 30, 2008 Mr. Edward M. Liddy Chairman and Chief Executive Officer American International Group, Inc. 70 Pine Street New York, NY 10270 Dear Mr. Liddy: Today, a story in The New York Times reported that the American International Group, Inc. (AIG) has already used $90 billion of the $123 billion lent to it by the Federal Reserve only one month ago. The article also notes that AIG has refused to provide the public with a detailed and transparent accounting of what that money has been used for, offering only that “some is being used to shore up its securities-lending program, some to make good on its guaranteed investment contracts, some to pay for day-to-day operations and […] tens of billions of dollars to post collateral with other financial institutions.” AIG’s use of the Federal Reserve loans is ofgreat interest to the American people because they are footing the bill. Moreover, some experts believe that AIG will need additional funding over and above the $123 billion the Federal Reserve has already lent it. As Ranking Member of the Senate Finance Committee, I request that you provide a briefing to my Committee staff regarding this issue. In addition, please provide responses to the following questions: 1) Please provide a full and detailed accounting of AIG’s $90 billion (or more) in expenditures to date. 2) When does AIG anticipate using all of the $123 billion emergency loan it received?3) How much more money does AIG believe it will need to borrow in the future?4) When can American taxpayers expect AIG to repay the loan it received?
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Replying to: lumoy (Jan 06, 2009 5:32 pm) You really need to quit reading those liberal blogs. You have such a hatred for Republicans that you cannot even believe the truth coming from your own UAW members. Here is a story of Oscar that filed for bankruptcy because loss of OT cut his wages down to $87,000 per year. It makes me cry for the guy each time I read it in your own liberal Detroit News. As was pointed out. Most any fork lift operator in the USA would be sitting in hog heaven making $87k per year. Not the spoiled UAW workers of Michigan. I know PHDs in San Diego that would be tickled to make that much. http://www.detnews.com/2005/autosinsider/0509/18/A01-318432.htm
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Replying to: gagrice (Jan 06, 2009 6:09 pm) Perhaps they should organize and have the UAW represent them. Are you sure they have a PHD? Maybe the said GED from MIT???? |
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Replying to: gagrice (Jan 06, 2009 5:51 pm) health care premiums going up 15-20% per year for many years can no longer be sustained. we are already paying over 15% of our GDP and almost 46 million ( i was off by 2 i am told) have no insurance coverage. canada and most of the countries with UNIVERSAL health care are ranked ahead of usa in terms of favorable health care outcomes by world heath organization and pay anywhere from 7-10% of GDP what is medicare?- single payer, national health care system --government pays doctor and medical bills but with an age 65 qualification. ask a medicare covered individual to give it up because his doctor or nurse looks like a socialist. just remove age 65 barrier. what unscrupulous tactics?? canadian chrysler plants were part of a single international master agreement with us/ chrysler plants. canadians were on the uaw negotiating team at highland park. congress told chrysler if you want a billion re-open that agreement and eat some concessions. canadian locals said no-- us government can't dictate terms of an agreement for canadians. us government said ok but that means that the usa plants have to eat even more concessions to make up for your refusal to take any. us chrsyler membership then went thru second round of concessions to make up canadian difference. loan made, plants on both side of detroit river--including canadian plant stayed open and survived. canadian uaw chysler took no concessions; usa chrysler workers took a double hit. relations between locals in canada and local in usa soured somewhat with bob white (Canadian regional director) demanding a divorce from the UAW. Bieber agreed--gave Canadians all UAW property in canada and slice of uaw strike fund. i delivered the check personally to bob white at the airport in toronto. i have now told you three times you were covered by a defined contribution or taft hartley trust funds plan. you were never promised lifetime benefits. prove me wrong!! you may have been told that the parties hoped the fixed money contributed would be adequate depending on good investments and stable health care costs. you should have understood then but since you don't understand it even now--all your employer ever promised was to put XX dollars an hour per hour worked into a fund to provide your health and pension benefits. ironic that you may have got what you deserved. you didn't want "socialized medicine" so health care costs and premiums doubled every 5-6 years in the usa and the trust funds were not adequate to keep up with the 15-20% yearly cost increases for your health care. trustes stepped in and said we can't afford to pay these outrageous costs anymore so your benefits are gone sometimes there is something called poetic justice and you apparently got exactly what you deserved and still i bet you vote against your own interests. is it beginning to sink in that if the clinton health care plan had been put into effect you trust fund would probably have survived today . big 3/uaw retirees were promised lifetime health care benefits and a precise monthly pension by the Big3. that is the difference between a defined benefit plan (UAW) and a defined contribution plan (teamsters). you got everything your employer promised you over your work life XX dollars per hour worked into a fund. big3 retirees had a different promise (a specific benefit) that they at least believe they earned and do not want to give back.. please reread this answer several times because i am done.
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