10

powerlineblog.com - 11/17/2008

No UAW Bailout

— powerlineblog.com — Jim Manzi has done some of the best analysis of the proposed bailout of GM, Ford and Chrysler--or, one should more properly say, bailout of the United Auto Workers, otherwise slated for extinction. Here , he addresses the theory that the Big Three ... (more) No UAW Bailout

U.S. Army

Comments vote downundo vote up A Blog For All found this 11/17/2008found this

2

blogs.usatoday.com - 11/18/2008

Report: Ford to offer buyouts to UAW members - On Deadline

— blogs.usatoday.com — Ford Motor Co., which posted a $2.7 billion net loss in 2007, is set to propose a broad package of buyouts to 54,000 of its hourly workers, according to the Detroit Free Press ."At Ford, where early-retirement packages have been offered since 2006, ... (more) Report: Ford to offer buyouts to UAW members - On Deadline

Colbert Report

Comments vote downundo vote up Think Progress found this 11/18/2008found this

2

adweek.com - 11/12/2008

Time Inc. Calls for Buyouts

— adweek.com — -By Lucia Moses, Mediaweek NEW YORK With a handful of higher-ups already out the door , Time Inc. is moving to the rank-and-file as it, like other publishers, seeks to reduce its workforce in the face of dropping ad revenue. Some of Time Inc. s ... (more) Time Inc. Calls for Buyouts

U.S. Army

Comments vote downundo vote up NewsBusters.org - Exposing Liberal Media Bias found this 11/12/2008found this

Leave a Comment

Just How Strapped Are the Big 2.5 Automakers?
Hit & Run — ... try to stem automotive losses that have dogged the company since 2005, the company is making a range of offers, up to cash payments of $140,000 to the remaining 74,000 GM workers represented by the United Auto Workers union. The goal is not to reduce headcount but rather to bring in new workers at a lower cost. About 46,000 of the GM employees are eligible to retire today and they can take pension incentives worth between $45,000 to $62,500 to retire. Whole story here. None of this is to suggest that GM, or Ford or Chrysler, is out of the ...

Conservative Politicians Misleadingly Blame Labor Unions For Detroit’s Woes
Think Progress — ... are maybe too high. … We have, like, in America, you sell a car, and you have $2,000 of each car just goes to benefits. So I think that there’s a way of reducing all of that, make them more fiscally responsible.” Watch a compilation: Unions do not deserve the blame placed on them by the right wing. In fact, unions have repeatedly made concessions to executives over recent years. Contrary to Kyl’s claim, new auto employees earn ...

Unions and the Collapse
Matthew Yglesias — ... concessions to auto executives over recent years . . . AIG, Merrill Lynch, and Bear Stearns did not have unionized workers but still suffered economic collapses.” ...

United Steelworkers President Defends Unions: I’m ‘Tired Of Having My Shoes Thrown Up On By Wall Street’
Wonk Room — ... Maddow said. “Do you feel that as a political attack on unions as a union leader right now?” Gerard replied, “Of course it’s a phony attack” to blame “an auto worker that makes $57,000 a year.” Watch it: The idea that unions have brought Detroit to its knees is patently ridiculous. The unions have made multiple concessions in recent years, accepting buyouts and offering to cover the health insurance costs of retirees. The Big ...