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ABF | A Ratified Labor Deal Could Boost ABF Stock Price!

Emphasis on the word 'ratified'. If that deal gets ratified ABF's stock price will skyrocket higher than the 90,000' that balloon jumper jumped out of his balloon at.
 
The speculators are already jumping in. Raising the share price by 40%. My job is to enrich my lifestyle, not the shareholders. I do not want any concessions that bring us down to the crappy job level. I hope that no one gets fooled by the last release and breathes a sigh of relief, that we will only have to give up 5% and only $100 a month for medical.
 
cropduster said:
The speculators are already jumping in. Raising the share price by 40%. My job is to enrich my lifestyle, not the shareholders. I do not want any concessions that bring us down to the crappy job level. I hope that no one gets fooled by the last release and breathes a sigh of relief, that we will only have to give up 5% and only $100 a month for medical.
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I hear people saying that they think we should pay for health Insurance, Don't they realize that is a pay cut?
 
What happens to stock market when we vote this P.O.S. Tentative agreement DOWN?? THAT WILL happen if they think we will take any kind of cut.
 
Stoney said:
No ****. But the Teamsters did that to themselves. We as a union shouldn't have helped Obama win.
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What a f****n clown. I don't usually bother with you but there are times when you are so ridiculous that I just can't help myself. You're saying that Obama started this garbage of us paying for our own health insurance? Do you get any air at all where you have your head stuffed?
hoffa said:
What happens to stock market when we vote this P.O.S. Tentative agreement DOWN?? THAT WILL happen if they think we will take any kind of cut.
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I do hope you are right.
 
No, mum's the word. They don't want us trashing the company already.
 
AkitaDog said:
Then it can't be good otherwise they would be bragging about it imo.
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Doesn't mean anything.
They have to go through the two man meetings before they can release the details, that just the way it works. Its not official until then.
I heard it can take two weeks.
 
ABFer said:
What a f****n clown. I don't usually bother with you but there are times when you are so ridiculous that I just can't help myself. You're saying that Obama started this garbage of us paying for our own health insurance? Do you get any air at all where you have your head stuffed?

I do hope you are right.
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I didn't say he started the healthcare problem. But Obamacare didn't make it better. It made it worst.

He said premiums would fall by $2500 a year. Instead, they have gone up by that much and even more.
You seriously don't believe that law had an affect on the negotiations?
 
YRC doesn't have a co- pay for medical off the top. Could this be ABF part of negotiations, having nothing to do with who's running the country.
 
Double Barrel said:
YRC doesn't have a co- pay for medical off the top. Could this be ABF part of negotiations, having nothing to do with who's running the country.
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Healthcare Policy enacted by this administration is a lot to do with health insurance cost. And health insurance cost has a lot to do with the negotiations.
 
Hey I know lets use the Pelosi method for the contract,just vote for it well figure out whats in it later. We all know how well that works.
 
Health care costs were rising out of control...that was why the Affordable Care Act was made policy. A number of important provisions were gutted out of the bill through pressure by lobbyists from the health care/ pharmacutical industries. The insurance companies are doing their damnedest to raise prices as far and as fast as they can,...because on Jan. 1, 2014, the party's over for the insurance industry. So it's the government's fault that insurance companies are so greedy? In the NMFA, your health care/ pension costs were fixed....$1.00 an hour/40 hours raise once a year on August 1st for five years....2008 to 2013. The $1.00 was split by the Trustees of the two funds as best as they saw fit. Neither ABF or anyone else in the NMFA.....YRC, et al,.....got any more than the split out of that $1.00 an hour/ 40 hours per year. So our health care/ pension costs could be calculated as a fixed cost over a 5 year period. Why would any company want to change that? As for a weekly/monthly charge to help maintain a company health care plan?.....you've got to be kidding me. That would be just a surcharge for stupidity....you mean each health plan can't negotiate a group rate that would fit into the amount of negotiated money set aside for our health care? Surely not! We've been doing it for years.....and after Jan.1, 2014,...it'll be like car insurance....raise the rates on this group of 5000 or 6000 people?....switch to another company....no more kickbacks to employers for group plans. After Jan. 1, 2014,...the insurance companies will start cutting each others' throats.....and rates....to pick up business to cover costs that will be mandated. Oh....and 80% of the health care dollars spent on you MUST go toward your health care, ...instead of the 35%-40% that's spent now.....the rest going to "administrative" costs. Any wonder why the health insurance industry is going ballistic....screaming "Socialist!", "Communist!" or anything else they can think of to get you to call your Congressman and tell him to repeal Obamacare......and restore the gravy train to the health insurance executives.........
 
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