Joe the plumber
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That most CEO's are simply trying to make a buck for the shareholders is my argument..my point. They love shareholders. Teamsters are labor cost. CEO's hate labor cost. That is what brings out the scoundrel in CEO's. They will do anything to enhance shareholder value and reduce labor cost. I don't single out Judy. This is her first teamster contract right? She hasn't played out her hand yet. I think ABF senior management are scoundrels for a variety of reasonsNo, Joe all CEO's aren't evil. Some are & some aren't. Most are simply trying to make a buck for the shareholders. Why do you always seem to rely on extreme and often unrealistic scenarios to prop up your usually ill-conceived arguments? Show me when Judy has been evil, and then you may have a leg to stand on...
First they try to circumvent the NMFA pension in the '08 contract by by-passing TMI and negotiate with TNFINC to drop the pension ABF CEO Calls for Quitting Teamster Pension Plans | Teamsters for a Democratic Union. Tyson told them to fawgeddabouditt and sign this "me too' or I'll strike your ass. This went on while YRC was negotiating with TMI.. for the Gold Standard NMFA..the best contract ever. Then ABF had the nerve to cry foul when YRC was given concessions.
So they sue for damages with the hope the lawsuit would derail YRC's re-structure with the lenders and kill the YRC stock price. This is all for the reason of improving shareholder value..of increasing the ABF stock price. The ABF stock was at a high of over $33 a few years ago and headed toward the sky..I say again when the court speaks ABF stock price will get pummeled bad. The ABF shenanigans are all about the stock price. If ABF does lose it ain't doing the ABF teamsters any good. If they win it is the end of the pension for all. But yet you all seem to think your beloved ABF is only trying to level the playing field. ABF the company is trying to destroy the playing field. That's why they're scoundrels.
But Some how some way ABF and YRC labor costs have to be made equal to keep peace or Judy will be forced to make a move but I doubt she has the leadership to face the IBT. Who could blame her? The IBT lets the rank and file make the tough decisions on concessions and she knows where that is going..ABF tried and fail to negotiate the pension away. Tried and failed to get a yes vote/concessions and now tried and failed to get the court to do the dirty work. Judy may be forced to be a scoundrel
You'll have to check with 222 first to see if it's okay. He makes the tough callsHey Joe...since you are hesitant about starting that thread and if you want ...I'll start that thread for you over there on the YRC forum. I'll title it..."Joe the Plumber and Billy boy Zollars...Friends 'Til The End"
You are wrong again...that lawsuit has nothing to do with ABF wanting to put YRC out of business...it was for the purpose of leveling the playing field...please get your facts straight. After all...there's nobody that could of done a better job than your buddy Billy boy when it comes to putting YRC out of business.
ya right