Word: caw
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Chrysler LLC has warned the Canadian government and the Canadian Auto Workers (CAW) union that it will close its assembly operations north of the border unless it gets $2.3 billion in loans from Ottawa, a 25% reduction in labor costs and a waiver on more than $1 billion in taxes owed...
Chrysler president Thomas LaSorda, himself Canadian born, told a top Parliamentary committee Wednesday night that unless the Canada capitulates, he will move operations to the U.S. and Mexico, a position that has not only infuriated the CAW, but also triggered a public backlash against the teetering automaker. "I'm truly shocked," says analyst Dennis DesRosiers of Richmond Hill, Ont.-based DesRosiers Automotive Consultants. "LaSorda said things I thought I would never hear from an auto executive." The privately owned automaker has not shown the same flash of bravado and temper in dealing with Congress and the United Autoworkers...
Just as the Detroit Three are asking Washington for a financial lifeline, so too their Canadian counterparts want Ottawa to staunch hemorrhaging balance sheets. The difference is that in Canada the heads of the Detroit Three have left it to the CAW and the Auto Parts Manufacturers' Association to take the lead on a government bailout. "Obama is going to protect U.S. jobs," says CAW president Ken Lewenza, referring to President-elect Barack Obama. "The Canadian government has to play an active role or it could be left out in the cold manufacturing nothing...
...North American industry. "There's a real fear if one of the Detroit Three fails it will threaten the future of the others on both sides of the border," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. Says Buckley of the CAW: "If GM fails, we'll lose hundreds of thousands of jobs in Canada. What kind of country are we leaving to our children...
...rural demagogy in the '30s and '40s, was a genius of flavorsome insinuation. "Do y'all know what ((my opponent's)) favorite dish is?" he would ask slowly of his "God-fearin', 'tater-raisin', baby-havin' " constituents. Then in a burst of disgusted indignation: "Caviar!" The word came out caw-vee-yah. "You know what caviar is? It's little black fish eggs, and it comes from Red Russia!" A certain amount of family-values rhetoric is mere caviar denunciation...