Word: unionizers
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Dates: during 2000-2009
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...From the union's perspective, the health-care benefits always represented deferred wages, says Jerry Tucker, a former member of the UAW board. In addition, as GM, Ford and Chrysler have cut their blue-collar payrolls in half, from 300,000 to 150,000, over the past three years, the health-care benefits have become more important, he says. "More than two-thirds of workers taking early retirement aren't eligible for Medicare. A lot of them didn't even want to retire," he says. UAW president Ron Gettelfinger said in the fall of 2007 that the VEBA trusts would...
...union spokesman declined to say whether the financing of the VEBA was being discussed as the UAW and the automakers explore the ramifications of the current crisis and the possibility of additional concessions. "We're at the table every day," said one union official who asked not to be identified...
...that the assets in the trust will last 80 years, since bankrupt automakers would be unlikely to make all the future trust contributions. "My guess is the trust would last 20 years," says Diamond. "It's a very difficult situation. Autoworkers were sold a pile of goods by the union leadership and GM executives. They never disclosed the risks of bankruptcy like they should have...
...official in the Clinton Administration. That concerns some civil libertarians. "If you leave these on the books, you leave a bunch of loaded guns that future Presidents and agency heads can pull out and shoot when they want to," says Anthony Romero, executive director of the American Civil Liberties Union...
Stressing the need for immigration reform, Vice Provost for International Affairs Jorge I. Dominguez discussed his personal hopes for change and the feasibility of reform under President-elect Barack Obama last night at a dinner hosted by the Political Union and Citizenship Tutoring programs of the Institute of Politics. Welcoming questions from the audience composed of approximately 15 students, Dominguez described his position on the necessity of immigration policy reform. He explained that reform is truly needed yet is highly unlikely to take place. “I don’t think that there’s likely...