You’d think, with all the articles buzzing around the ‘net about the deal, that it had been ratified, but apparently it hasn’t. The deal will be voted on by union members before October 10th.
General Motors’ tentative labor deal with the United Auto Workers union includes guarantees that the automaker will continue to build cars and trucks at its remaining UAW-represented assembly lines, according to highlights of the agreement given to the union’s local leadership Friday.
In addition, the deal provides for General Motors (Charts, Fortune 500) to pay 70 cents of every dollar of estimated future cost of healthcare coverage for its union-represented retirees and their families.
Wouldn’t it be a pisser if the union membership said no deal? Yeah, but we all know that won’t happen.
- Pingback: Progress!
- Beth Charette on Rates Are Going Through The RoofI agree with this because I saw state regulations ... »
- Josh on Easy vs. ParalyzedI think things are going to get much worse before ... »
- mmo on The Art Of The Debt Swaplol...zero accountability has led to this situatio... »
- Rose @ Noni Juice Goodness on Way To Go Home DepotThis news is sad. I think, President Obama should ... »
copyright © 1997-2010,
The One And Only
Slobokan.
All other material and brand or product names are copyright and/or registered trademarks of their respective holders.
E-Mail sent to any kooksinsuits.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.
This weblog is licensed under a Creative Commons License.