AP source: UAW walks away from GM concession talks
#11
I'd be willing to bet that the steel they're stamping wasn't milled and rolled in the USA. I'd also put money on the fact that neither the stamping plant nor Kia are paying ANY property taxes on the plants they're building down there.
#12
DETROIT (AP) — A person briefed on concession talks between the United Auto Workers and General Motors Corp. says union negotiators walked away from the bargaining table Friday night.
The person says the talks broke off when the company made proposals that the UAW considers detrimental to providing health care to retirees. He asked not to be identified because the talks are private.
The person said no new talks have been scheduled.
The breakdown comes at a critical time, just four days before GM is to submit a plan to the government to prove it can become viable and justify its government loans.
GM has received $9.4 billion in loans thus far and can get $4 billion more if the Treasury Department approves its plan.
The person says the talks broke off when the company made proposals that the UAW considers detrimental to providing health care to retirees. He asked not to be identified because the talks are private.
The person said no new talks have been scheduled.
The breakdown comes at a critical time, just four days before GM is to submit a plan to the government to prove it can become viable and justify its government loans.
GM has received $9.4 billion in loans thus far and can get $4 billion more if the Treasury Department approves its plan.
Also, the Canadian Govt is offering Billions to GM also. The dollar is more profitable in Canada as it is worth 20% more in profits to GM($1US=$.80Can.) The plants in Canada build much higher quality vehicles and could very easily sway decisions for GM to build more in Canada. The benefits are lower as Canada has Health care that is much cheaper to sustain than in the U.S..
Is North America going third world? Nothing for anyone and and slave labor for all...
#15
#17
I think it's more like the foreign manufacturers are bringing slave wages to the USA. It used to be that people from the south would move to the north to step up in society and get the manufacturing jobs that paid well and built the middle class. Now we have $10 an hour jobs opening in the south with suppliers for foreign manufacturers. Instead of building up a middle class, we're building up a lower class that can't make more than $20k a year. I guess in the USA, the limit for undereducated workers is $30k a year and the starting for educated workers is $40k and up now. Way to build a caste society. $30k a year is a great way to raise a family and save for retirement in this day and age.
I'd be willing to bet that the steel they're stamping wasn't milled and rolled in the USA. I'd also put money on the fact that neither the stamping plant nor Kia are paying ANY property taxes on the plants they're building down there.
I'd be willing to bet that the steel they're stamping wasn't milled and rolled in the USA. I'd also put money on the fact that neither the stamping plant nor Kia are paying ANY property taxes on the plants they're building down there.
#19
I saw that on the news also. It was crazy.
#20