Word: bethlehem
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...firms operating under bankruptcy protection, the steelworkers' union has willingly taken part in a vast restructuring of pay and benefits spearheaded by New York City investor Wilbur Ross. His International Steel Group (ISG) recently completed its third major acquisition in two years, buying most of the assets of bankrupt Bethlehem Steel. Ross warns of more wage pressure ahead: "If we don't reform our labor system very soon, we won't have a manufacturing sector to worry about." He is taking aim at work rules that prevent union steelworkers from performing as efficiently as foreign competitors or nonunion rivals...
Make no mistake: the reform of which Ross speaks means employees will be working harder for fewer benefits. Bethlehem Steel, along with Acme Steel and LTV before it, off-loaded a total of $8 billion in pension obligations to the federal Pension Benefit Guaranty Corporation before Ross acquired it. He then wiped out health-care benefits that had been promised to retirees. For current workers, he installed co-pays and coverage limits where there were none before and replaced the union's defined-benefit pension plan with a less secure defined-contribution plan...
...Iraq may spawn a thousand Osama bin Ladens who will visit devastation upon our land. If we leave Iraq, it will splinter into a thousand mini-kingdoms of quarreling power grabbers who may ignite a larger war. We can't go, and we can't stay. BOB KETLER Bethlehem, Conn...
...students had not been locked out of their rooms. Rather, they were taking part in a traditional Latin American posada—a reenactment of the biblical story in which Mary and Joseph wander through Bethlehem in search of posada (lodging) as Mary prepares to give birth to Jesus...
THOMAS COEX/AFP TAKING AIM: An Israeli soldier on patrol in Bethlehem Alone among mainstream Israeli politicians, Amram Mitzna sports a beard. Sectarians - Israeli Arabs, Ultra-Orthodox Jews and settlers - grow hair on their chins, but the rest of the political spectrum is clean-shaven. So the whiskers of Mitzna, who was picked last week to lead the Labor Party into national elections in January, have come to symbolize the enigma of this newcomer. Is there a strong, decisive chin beneath the fuzz, or is he soft and fluffy, like the beard? Labor's 130,000 members voted overwhelmingly to find...