Word: member
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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...
...outside, China's banks do look a lot more like normal Western commercial banks," says an investment-bank analyst with a decade of experience in China. "But every single senior officer right down to the manager of the smallest branch in Inner Mongolia is a Party member. And when the Party says, 'Jump or we're all in trouble,' they say, 'How high?'" The same principle applies to state-owned enterprises, which account for about a third of the nation...
...member of Parliament, Krishna Das, who was interviewed from inside the Taj Hotel, reported that two men also entered that hotel's restaurant and started firing, but did not take any hostages. Bombs were reported in at least seven sites in Mumbai, and, by Thursday afternoon, more than 100 people had been reported killed and nearly 300 injured. Eleven police had been killed, including the city's anti-terrorism chief. Several suspects had been shot by police. It is not yet clear how many attackers were involved in the assault...
Iraq's Prime Minister, Nouri al-Maliki, on Thursday finally got the broad consensus he sought on the Status of Forces Agreement with the U.S. - 149 of the 198 lawmakers present in the 275-member National Assembly gave their support to a deal that allows American forces to remain in Iraq until the end of 2011. But Iraq's legislators also put the prime minister on notice: "We want to tell Maliki that we are building a new democracy, and that we're not ready anymore to let the power be in one man's hands, no matter...
...National Assembly rejects the agreement or fails to vote on it, the Iraqis would have to ask the U.N to extend its mandate. Such a request would have to be lodged with the Security Council before Dec. 15, according to Ali al-Adeeb, a parliamentary member of Maliki's Dawa Party. That's an option Maliki has all but ruled out, and is strenuously working to avoid, but the clock is ticking. "The government wasted a lot of time, hundreds of days on this agreement, and left us with less than two weeks to debate it," said al-Karboole...