QUOTE (marka @ Jan 28 2006, 20:43)
Howdy,
And what will you do when the company you work for folds up shop because they can't afford to pay the rate?
You know, like about a billion other companies have been forced to do.
Ask GM about their retiree benefits. That seems to be going well. :-)
Mark
Go down to the Union hall, sign in, and see if there are any "Calls", if so, take it and go to work. The benefits are handled by the Local, not the contractor. The contractor figures the rate into his bid and pays the Local accordingly. If they don't pay the benefits on time, eventually the Local will declare that they can't use Union labor and they can't continue the work, so it's either a win-win or a lose-lose situation. Also, there are hundreds of contractors, so we don't have a "workers vs. big business" problem.
IBEW/NECA = International Brotherhood of Electrical Workers & National Electrical Contractors Association.
As far as comparing to GM & UAW, I haven't been following it too closely in the last month, so I can't comment. It does piss me off that the government will allow GM to take away retirement benefits, but if they don't GM could fold, yadda yadda. That doesn't piss me off as much as IBM doing away with their pension for extra cash flow, giving the employees a 401k option, then wanting to give the executives an additional 401k option on top of that. Corporate America is really screwed up.
Sorry for the hijack, Bill.