Word: union
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Dates: during 2000-2009
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...Unions such as the Teamsters and the Steelworkers have shifted to selecting their presidents by direct membership vote, but the UAW leaders remain actively opposed to the idea, claiming a direct vote would open the union to outside influence ranging from employers and subversives to organized crime. However, Jerry Tucker, a former member of the UAW board, says the current practice is outmoded and fundamentally anti-democratic. Tucker has actively campaigned to allow member voting in such elections. "It might not change the outcome. But it would force the leadership to become more accountable," he says. As it now stands...
Largely because of the auto industry crisis, Gettelfinger now has complete access to top executives at all three of Detroit's automakers. King will enjoy the same access, union insiders predicted...
However, King will inherit a union that has watched big contract gains made over the last two generations simply melt away as the auto industry downturn worsened. Union members hired prior to the current downturn continue to make $28 per hour. But when the industry recovers and the Detroit Three will hire new employees, they will only be guaranteed $14 per hour...
...union pensions at GM, Chrysler and Ford appear safe. But starting in January 2010, the union will become partially responsible for the VEBA, which now oversees and funds retiree health care. The resources devoted to the VEBA have been badly depleted by the bankruptcies at GM and Chrysler, creating doubts about how long they can sustain current benefit levels. The danger is that with thousand of union members retiring early in the past three years, the $21 billion in VEBA assets could be drained before the retirees qualify for Medicare...
...well as agendas for the conference. Where the nations seem to agree is on the added difficulty facing poorer or more developing countries that would bear the brunt of many of the measures to mitigate climate change, from protecting forests to limiting use of fossil fuels. Unfortunately, this tenuous union has led to bold and sweeping gestures that may turn the tables on former imperialist nations, but lack actual productive value...