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Author: killtheump Big gold star, 5000 posts Old School Fool Home Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 18315  
Subject: $1K Bonus Date: 11/3/2009 9:15 AM
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Before you asked me if I've read the proposed contract, the answer is no. The two major items that have been discussed in the news and on the airwaves were entry level wages and the no-strike clause that only applied to a limited set of circumstances. I believe that was over wages through 2012, but I could be mistaken.

There were and number of facilities that approved the contract changes, and a handful that overwhelmingly rejected it. The two that I heard were most disenchanted with the contract were Kansas City and Michigan Truck. There have also been reports of labor unrest and Kansas City, but I'm not clear on what the issues were. The presumption was that the current discord left the union in a mood that was hardly conciliatory.

I guess the question that I'd like to pose to someone in the UAW is if the concessions were so minor why would it have failed when it would have put an additional $1000 in the pocket of each union member early in 2010?

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