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Default Bridge loan to nowhere..


"Vic Smith" wrote in message
...

On Mon, 8 Dec 2008 09:57:08 -0500, "Eisboch" wrote:


But guess what? The union work-a-bees need non-union work-a-bees (as
consumers) more than the other way around. And non-union work-a-bees
plan
for their financial future in other ways. When the rug is pulled out from
everybody, why do non-union work-a-bees need to contribute to the welfare
and job security of union work-a-bees? Hmmmmmmm?



They shouldn't have to, but the most onerous part is the sub-pay, and
has to be eliminated. It's one thing to do a loan for workers,
another for those making full pay and not working.



Know what? I think that issue ... the (up to) 95% pay to stay home due to
lack of work is what ticks off most people more than anything else.

Want to see how stupid I am about these things? I always thought that the
pay that union members received while not working due to slowdowns was
funded by the unions by the dues they collected. That wouldn't bother me
at all. But, as I now understand it, it's the company that pays, based on
a contract agreement made back in the '80s.

I guess when the economy is trucking along and GM is making money, few
concern themselves with this kind of thing. It's when things turn to crap
and GM wants the rest of us taxpayers to cough up the money, it gets some
attention.

I know, (for Harry's benefit), the union has conceded to temporarily
terminate this practice and may even consider permanently eliminating it in
future reorganization contract negotiations. But, when the 3 musketeers
first went before congress begging for money, it was in place, to the best
of my knowledge.

Eisboch


 
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