Roughly 50,000 General Motors union workers will receive bonuses of between $5,500 and $7,000 to close out 2012, say sources familiar with internal discussions between United Auto Worker officials.
In 2009, General Motors scored a $49.5 billion bailout from the U.S. government.
Last week, the Treasury Department announced it will sell General Motors 200 million shares before 2013, reducing the government’s stake in GM from 26.5% to 19%. Over the next 15 months, the Treasury will sell its remaining GM holdings. More
This is the result of back-room dealings between Obama and the unions. And this is why voters should vote "no" to forcing employees to join unions. Individuals should be allowed to choose whether or not they want union representation. Just limit the benefits of those who are not members. It's not complicated. But the unions have become greedy and their reps benefit the most.
Well now wait just a minute. I haven't received my dividend as a taxpayer who helped bail out those bozos yet. Any word on when that will happen?
ReplyDeleteYou bailed out the old bozos. These are new bozos.
ReplyDeleteThis is the result of back-room dealings between Obama and the unions. And this is why voters should vote "no" to forcing employees to join unions. Individuals should be allowed to choose whether or not they want union representation. Just limit the benefits of those who are not members. It's not complicated. But the unions have become greedy and their reps benefit the most.
ReplyDeleteTheir bonus is half of what I make a year.
ReplyDeleteTook me 2 years to find a $200.00 a week job.
Haven't gotten your entitlement check either have you?
ReplyDeletewe tax payers are only going lose 24 billion on this deal
ReplyDelete