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Union Politics - Tim S for General President 2016
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<blockquote data-quote="Bubblehead" data-source="post: 1557026" data-attributes="member: 14176"><p>As long as we are getting the facts out there, let's get it all out there, all of the facts.</p><p>TDU doesn't have exclusive ownership on half truths, the IBT shows them the way in an inverse fashion.</p><p>To me, that's why TDU persists into their fifth decade.</p><p>Listen to them both and you'll be closer to having both halves of the story.</p><p></p><p>Poop rolls down hill and some hills are steeper than others.</p><p>In this instance, yes Hoffa and Hall negotiated UPS out of Central States for $6+ billion in 2008. </p><p>And yes, they were re-elected once since.</p><p>This was sold to the entire membership as a measure that would sure up an ailing Red Zone fund.</p><p>UPSer's were relieved as they were now covered either way, with a contractual guarantee even if Central States went belly up.</p><p>The rest of the union, thought they were getting something for nothing for the first few years, but now they are quickly learning that this wasn't the case.</p><p>Instead, they are now seeing the bleak reality that this measure was nothing more than a "band-aid on a stuck pig" and that their pension fund is quickly "bleeding out".</p><p>Make no mistake, letting UPS out of the Central States Pension was possibly the single biggest mistake in Teamster history and it was negotiated by Hoffa and Hall.</p><p>No newly organized company will ever agree to participate in this pension fund now that UPS withdrew.</p><p>With this in mind, I now know that the Central States Pension Fund is a dead end fund and is doomed.</p><p>It's not a matter of if, rather when.</p><p></p><p>Now let's move on to the "secure" UPSer's, who think they are covered either way.</p><p>They are now learning that this is only the case, one contract at a time, and that the pension legislation that just passed may give UPS a loophole out of any past and future obligations to any failed multi-employeer fund they previously participated in.</p><p>All of this is on the heals of watching their health and welfare being thrust into the same inept hands, against their will.</p><p></p><p>You know what Leadbelly, I can't handle the facts, because they suck.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 1557026, member: 14176"] As long as we are getting the facts out there, let's get it all out there, all of the facts. TDU doesn't have exclusive ownership on half truths, the IBT shows them the way in an inverse fashion. To me, that's why TDU persists into their fifth decade. Listen to them both and you'll be closer to having both halves of the story. Poop rolls down hill and some hills are steeper than others. In this instance, yes Hoffa and Hall negotiated UPS out of Central States for $6+ billion in 2008. And yes, they were re-elected once since. This was sold to the entire membership as a measure that would sure up an ailing Red Zone fund. UPSer's were relieved as they were now covered either way, with a contractual guarantee even if Central States went belly up. The rest of the union, thought they were getting something for nothing for the first few years, but now they are quickly learning that this wasn't the case. Instead, they are now seeing the bleak reality that this measure was nothing more than a "band-aid on a stuck pig" and that their pension fund is quickly "bleeding out". Make no mistake, letting UPS out of the Central States Pension was possibly the single biggest mistake in Teamster history and it was negotiated by Hoffa and Hall. No newly organized company will ever agree to participate in this pension fund now that UPS withdrew. With this in mind, I now know that the Central States Pension Fund is a dead end fund and is doomed. It's not a matter of if, rather when. Now let's move on to the "secure" UPSer's, who think they are covered either way. They are now learning that this is only the case, one contract at a time, and that the pension legislation that just passed may give UPS a loophole out of any past and future obligations to any failed multi-employeer fund they previously participated in. All of this is on the heals of watching their health and welfare being thrust into the same inept hands, against their will. You know what Leadbelly, I can't handle the facts, because they suck. [/QUOTE]
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