<<<<<UAW halts vote on giveback deal at Indy GM plant
The United Auto Workers union has decided not to go ahead with a vote on a new wage-cutting contract for a General Motors Co. stamping plant in Indianapolis that is facing sale.
UAW Local 23 bargaining chairman Gregory Clark says members won't vote on the proposed contract, which would cut base wages from $29 per hour to $15.50.
Originally, the 650 workers were scheduled to vote Monday on the deal.
JD Norman Industries of Addison, Ill., had asked for pay cuts as a condition for buying the plant. Barring a sale, GM has said it will close the plant next year.
Local 23 members voted against bargaining with Norman earlier this summer. The Indianapolis Star says UAW international officials conducted talks with Norman despite the vote.>>>>>
Read the last sentence carefully. It says the Local 23 UAW members voted not to talk to Norman Industries, but UAW Intl leaders did so anyway.
Of course, in this case, the boys at the local are killing their own jobs, but the boys at UAW Intl know if that factory shuts down they will lose even more members.
<<<<UAW members again defied Detroit union chiefs who had negotiated wage cuts and expected the 650 Indianapolis autoworkers to vote today on a new contract with a potential buyer.
Instead, Local 23 officials opposed the head office, known as the UAW International, and refused Sunday to schedule a vote on the new measure. It would lower the base wage to $15.50 per hour from the current $29 per hour for production workers.
"We pay the International to represent us, not commit fraud and work against us," said Gregory Clark, Local 23 bargaining chairman.>>>>
Using the word FRAUD against the top leaders....HMMMM...I guess it's not just me
What is your fascination with Barney.
We all KNOW he is gay, so what?
His decisions and politics are more detrimental to the country than who he sleeps with!
We have TV and Internet, we don't need you to tell us about Barney's sexual orietation.
Worry about your OWN sex life at your age!
Barney changes his story now.
Democrat says abolish Freddie, Fannie-FOX
WASHINGTON Aug 17 (Reuters) - Fannie Mae and Freddie Mac should be abolished, Rep. Barney Frank, chairman of the House Financial Services panel, said on Tuesday.
"They should be abolished," Frank said in an interview on Fox Business, when asked whether the mortgage giants should be elements in housing market reform. "They only question is what do you put in their place," Frank said.
Frank said that "not everybody should be a homeowner" and the federal government should not be a "backstop" in the mortgage crisis.
Don't everyone just Love now that My Florida friend is defending Barney Frank now. I could say something, but I won't.
Gobie's dream has come true. His accusation that Rep. Barney Frank (D-Mass.) knew that Gobie had operated a prostitution service out of Frank's Capitol Hill apartment became national news after it was first reported Friday by the Washington Times.
Frank, one of two openly gay members of Congress, confirmed Friday that he paid Gobie for sex, hired him with personal funds as an aide and wrote letters on congressional stationery on his behalf to Virginia probation officials, but Frank said he fired Gobie when he learned that clients were visiting the apartment.
Here is a bite size explanation of housing bubble.
If you notice there is no mention of Barney, your other friend..
"Housing bubbles may occur in local or global real estate markets. In their late stages, they are typically characterized by rapid increases in the valuations of real property until unsustainable levels are reached relative to incomes, price-to-rent ratios, and other economic indicators of affordability. This may be followed by decreases in home prices that result in many owners finding themselves in a position of negative equity—a mortgage debt higher than the value of the property. The underlying causes of the housing bubble are complex. Factors include historically low interest rates, lax lending standards, and a speculative fever. This bubble may be related to the stock market or dot-com bubble of the 1990s. This bubble roughly coincides with the real estate bubbles of the United Kingdom, Hong Kong, Spain, Poland, Hungary and South Korea.[22"
Sometimes it helps to use your computer to read instead of just posting!
I don't believe Barney Frank has much influence over Hong Kong and South Korean markets..
God, you're dumb.
What did that video tell you?
What it tells me is you get your news from FOX and you can't understand what you watched even if it is a replay on Youtube of an earlier exchange..
Why am I not surprised..
I think it is time for someone to chew your food for you...
80 acres in Michigan. BFD.
That must have set you back $3 or $4 thousand bucks.
We are not talking about YOUR finances.. The discussion is or was about housing and Barney Frank being responsible.
Homeowners are responsible more than anyone wants to blame them.
My $259,000 track home in California became $800,000 home with NO improvements in less than 5 years!!
That is insane. I didn't do it, someone wanted to buy it for three times what I paid... That can't go on forever!
Barney Frank didn't make them buy it nor did he insist the bank loan $800,000 on a $259,000 home.
Get your facts straight.Try to learn something everyday.
<<You just proved my point there. Consumers! Consumers! We as a nation cannot control our spending. We are behind it all.
Just because someone gives you a gun does not mean you have to shoot 40 people! Does not work that way. >>
I never went in Debt over one 40 hour pay check a month. When I got overtime I saved it. At the age of 36 our home was paid for and at 38 I bought 80 acres of woods that I cut my fire wood from and Deer hunted. At 40 I bought our cabin.
Remember all my rants about the lack of Common Sense