slavenomore
TB Legend
- Credits
- 808
I understand there is pressure for certain things from lenders. But a five year deal is hard to accept, Keep in mind there will be a new CEO and next year Hoffa has an election where there may be a new IBT President if they have fresh ideas we are locked into this. And what happened to equal sacrifice? The agreement says the company has to LOOK at ways to reduce the non-union pension funding. So while we agree to rules that will help them cut the labor, Keep wage reductions in place and wait till JUNE 2011 for a PARTIAL PENSION CONTRIBUTION. Managment gets contributions towards their pension? Seems like half the new work rules are thrown in there as a slap in the face. My last question is why do we need to vote on this before they release the third quarter earnings?
The way i see it....if they can come to us like this in the middle of a contract.....why, if things pick up, can we not go back and redo it, why is assumed locked in this way...yet obviously we had a contract which they were not 'locked into"....I think if it picks up we should also redo things...if our contract was 'open to negotiation' when it fits their needs, then so to should this be open to negotaition if things turn around significantly.