Word: collaring
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...more positive note, the two sides have reportedly reached agreement on how to finance the Voluntary Employees' Beneficiary Association (VEBA), which was set up to fund retiree health-care benefits for GM's blue collar workforce. GM is said to be agreeing to deposit half the $20 billion it owes the VEBA and fund the other half with GM stock. The agreement appears to be very similar to the deal Chrysler LLC reached with the UAW. That deal put the UAW in control of the new Chrysler, with 55% of the stock. The union has also reportedly agreed...
...Shuttering car parts suppliers, large and small, closing dealers, firing tens of thousands of white collar and blue collar workers costs the American economy, in aggregate, more money than is imaginable and very possibly more than $40 billion over the next two or three years...
...Detroit Pistons who elbowed, kicked, brawled, their way to back-to-back NBA titles in 1989 and 1990. Great teams often take the character of their head coach but, in Detroit's case, the polar opposite was true. Within basketball, no one disparaged Daly. He was a blue-collar Pennsylvania guy who just worked his way up the coaching tree, from Punxsutawney (Pa.) High School, to Penn, where he won four straight Ivy League titles in the 1970s, to the NBA. (See pictures of how basketball has gone global...
Strully also found that blue-collar workers were harder hit by job loss, both physically and mentally. After losing their job, whether they were fired, laid off or left voluntarily, blue-collar workers were twice as likely to report being in fair or poor health as white-collar workers, among whom Strully found no such change in health. While the current study does not investigate the reasons for that disparity, Strully believes it may have something to do with the smaller financial buffer that blue-collar employees tend to have to cushion them from a sudden loss of income...
...Kemp began a career in politics, describing himself as a "bleeding-heart conservative." As a GOP congressman from Buffalo, the blue-collar city whose AFL team he had led to two championships in the mid '60s, he worked with black colleagues on issues opposed by both many conservatives and Republicans, including sanctions on South Africa and a national holiday to commemorate the birthday of the Rev. Martin Luther King...