tieguy
Banned
Actually if I remember correctly, the Wall Street Journal set the record straight on the state of Teamsters funds vs. the offerings of UPS.
It appears they were all wrong. 11 of 21 teamster multi employer pension plans were 70 percent funded or less in 2003. Many of these funds are leaking like rusty old battleships. These pensions required some serious dialogue to get them turnaround which UPS tried to do in 97. I really don't want to beat the many fine UPSers here with this fact. It would be presumptuous of me to say that UPS would have fixed the problem in 97. But I do believe that 97 was the year to have the discussion and that UPS had more options then to get it fixed then; then they do now. But in fact again in 97 the teamsters screamed the company was not negotiating in good faith, Teamsters screamed that the company was trying to steal the pension and the good union members there blindly walked with Carey when he left.
Its an interesting analogy. Many of you accuse management of blindly following our leadership around like a bunch of sheep but yet do the same whenever your leadership barks an order. A union that only unites sheep is not a representative union.