This from a guy that is ready to give up at the drop of a hat. If they ever get out of the fund they will sell abf as soon as possible. It all has to do with the end result. Judy and company have weak people like you helping to destroy the very lives of the Teamster employees. All they do is take take and take and your still wanting to give up more.
And remember TAINT if they stop paying into Central States they stop payments into all the funds.
How Ernie and Co. can even contemplate stepping any of our benefits backward,....is beyond me. Let alone not coming up with equitable pay raises that bring us up to the NON-UNION level,....not the YRC level.
Turncoat, wow, I thought you had hidden away..how are things down in Mayberry?
I agree the banks and company executives gained the most. Stock investors lost because more company shares were issued and this, along with bad management, lowered the share price..... But at the time the economy was in resesion and jobs were hard to find. Most of the road drivers I know at ABF (086) who were laid off could only find employment with companies like SWIFT and KLLM. That put the YRC employees and the Teamsters in a tough position; accept wage reduction or chance the company closing its doors. IMO and most YRC employees, closing the doors at YRC was an almost certainty. That is why so many YRC employees voted for the wage and benifts cut. (If you happen to have the YRC first pay cut vote information would you look at how the vote went?) IMO the Teamsters and the pensions had a fiduciary duty to the employees to keep them employed if at all possible. I would like to know how many retired teamsters had their pension reduced when the YRC employees had their wages reduced? Is if fair that retirees maintaned their salaries while the working employees had their pay reduced? The situation was terrible and a lot of Americans lost jobs, homes, vehicles, saving, retirement accounts, etc. Do I personally agree with the decisions made, I don't know. I'm just very thankful I didn't have to make it.
Well as this leak has trickled out, I understand they are wanting to FREEZE the current rate, NOT QUIT PAYING. Let the lawmakers put it into LAW what's required and what will be payed out. Then WE ALL get a haircut! I'm glad many have through the years and continue to get full pensions, but is it unreasonable that adjustments be made where we ALL get something to supplement our retirement. Some just want it to pay them in full until it's gone and to hell with the rest....and I'm the selfish one! Almighty Muler and Spin-Docker seriously need to get a life! I'm not going to argue with you two. Got a gobbler to hunt early tomorrow. Have a good evening.
Careful Homesick, any inkling that you think TurnCoat has anything to add to the dialog and you will draw the ire of Jeff's experts. And KK wants to act like he didn't have to go through the crapola too. A bankruptcy would have devestated more folks! I left YRC by the grace of God, and moved everyone up on the board while I took a bottom spot at ABF. It was meant to be.
Thanks for the warning but I think I'm old enough to hold my own. As for KK, he has known me for years. KK has seen me angry at union meetings. I believe he was BA at local 728 when Ken Bryant asked president Randy Brown to have the sargent of arms escort me from the building (Ken was telling us how we had to take a 15% pay cut or ABF would not meet payroll). KK does stand up for what he believes and he has taken sacrifices. KK's pension would be a lot larger if he had remained in the BA position. Good luck Turkey hunting. My wife and I watched apr15-20 turkey moving across our back pasture a couple of weeks ago.
And, is there anything I wrote that is not true?
