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WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???

 
ID10T
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User ID: 410747
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11/25/2008 06:58 PM
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WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
This is just total bullshit right here. If the proposed auto bailout passes, 1000's of laid off workers will be paid $31/hr to sit on their ass and do nothing!!!

We've got to stop this people!!!

[link to www.foxnews.com]
Automakers' Jobs Bank Program Pays Laid-Off Workers to Do Nothing

If Congress goes ahead with an auto industry bailout, American taxpayers may have to pay for thousands of laid off auto workers to literally do nothing all year.

By Maxim Lott

FOXNews.com

Tuesday, November 25, 2008

Thousands of laid-off auto workers get paid $31 an hour to sit around and do nothing all year under a controversial program that could continue even if American taxpayers bail out the American auto industry.

The program, called "Jobs Banks," has been around for 24 years. Some of the employees at jobs banks choose to do community service, but others do crossword puzzles and watch TV all day -- or just stare at a wall. If you're a laid-off auto worker, it's what comes with your pink slip, thanks to a deal struck in 1984 between the United Auto Workers and the Big Three carmakers.

The program is likely to continue if Congress approves a $25 billion bailout of the industry. But if the automakers go bankrupt, some analysts say, they may be able to eliminate the program, which would abruptly eliminate benefits to the workers in it.

"Subject to some limits, management could find itself in a position to terminate the program," said Edward R. Morrison, a professor at Columbia Law School and a bankruptcy law expert. "The [laid off] employees may become 'creditors' with claims against the company -- they would be in the same position as bond holders and other creditors."

A second bankruptcy law expert, George Mason University Professor Todd Zywicki, said, "This is exactly the sort of thing bankruptcy is useful for ... to get rid of programs that don't do the company any good.

more [link to www.foxnews.com]

Last Edited by Phennommennonn on 09/08/2011 05:18 PM
Anonymous Coward
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11/25/2008 07:00 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
Ah that is a nice $65,000 a year. Not bad! wtf
blame October

User ID: 545197
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11/25/2008 07:02 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
wtf
Anonymous Coward
User ID: 497888
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11/25/2008 07:04 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
Ah that is a nice $65,000 a year. Not bad! wtf
 Quoting: Anonymous Coward 376196


Sitting in a room with 4 walls everyday for 8 hours gets old really quick. You can only read so many newspapers.
Anonymous Coward
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11/25/2008 07:04 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
they deserve a break!
Anonymous Coward
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11/25/2008 07:05 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
Ah that is a nice $65,000 a year. Not bad! wtf


Sitting in a room with 4 walls everyday for 8 hours gets old really quick. You can only read so many newspapers.
 Quoting: Anonymous Coward 497888


They can be entertained with GLP! :) $65,000 a year to read GLP all day. I will take it.
ID10T (OP)

User ID: 410747
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11/25/2008 07:07 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
Ah that is a nice $65,000 a year. Not bad! wtf


Sitting in a room with 4 walls everyday for 8 hours gets old really quick. You can only read so many newspapers.
 Quoting: Anonymous Coward 497888

They print new ones every day!!!

Contact your Congress Persons at the link below.

[link to writerep.house.gov]

This should be pinned for all to see.

Most Americans can only dream of getting paid $31 an hour these days. I am speechless that they would even consider a bailout that includes this.

gaah
ID10T (OP)

User ID: 410747
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11/25/2008 07:09 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
Ah that is a nice $65,000 a year. Not bad! wtf


Sitting in a room with 4 walls everyday for 8 hours gets old really quick. You can only read so many newspapers.


They can be entertained with GLP! :) $65,000 a year to read GLP all day. I will take it.
 Quoting: Anonymous Coward 376196

lmao At that one!!! I would jump at that as well!!!
Anonymous Coward
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11/25/2008 07:21 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
Someone is buying the crap.
PhennommennonnModerator
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11/25/2008 07:30 PM

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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
wow. the one guy was in the job banks for 7 yrs before he retired? simply wow.
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"Ladies and gentlemen of the jury, you've heard a lot here today and I won't try to go back over it all. But you have to go back in that room and make some decisions and there is one thing I want to make very clear to you before you do. I'm not trying to convince you that you should like what Larry Flynt does. I don't like what he does. But what I do like is... that I live in a country... where you and I can make that decision for ourselves. I like that I live in a country where I can pick up Hustler magazine... read it if I want... or throw it in the trash, if that's where I think it belongs. Or better yet I can express my opinion by not buying it. I like that right. I care about it. And you should care about it, too... because we live in a free country. We say that a lot, but sometimes we forget what that means, so listen again. We live in a free country. That is a powerful idea. That's a magnificent way to live. But there is a price for that freedom, which is that sometimes... we have to tolerate things that we don't necessarily like. So go back in that room... where you are free to think whatever you want to think... about Larry Flynt and Hustler magazine. But then ask yourselves if you want to make that decision for the rest of us... because the freedom that everyone in this room enjoys... is, in a very real way, in your hands. If we start throwing up walls against what some of us think is obscene... we may wake up one morning and realize... that walls have been thrown upin places we never expected... and we can't see anythingor... do anything. And that's not freedom. That is not freedom. So, be careful. Thank you."
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ID10T (OP)

User ID: 410747
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11/25/2008 07:42 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
wow. the one guy was in the job banks for 7 yrs before he retired? simply wow.
 Quoting: Phennommennonn

Simply amazing ain't it?!?!?!
anonanon

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11/25/2008 07:47 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
The cost per hour is probably more than that with medical insurance and the company portion of Social Security (7%) that is paid.

When someone get laid off, they should just get the unemployment checks like everyone else.

This kind of union arrangement is a big part of the reason that the auto companies are in trouble and are not competitive in the world and certainly not with Nissan and Toyota who make cars in the USA and do not have to engage in these kind of stupid practices and rack up non-productive costs.
Anonymous Coward
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11/25/2008 07:55 PM
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Re: WTF??? AUTO WORKERS TO BE PAID $31 PER HOUR FOR NOTHING???
What would happen if they went on strike?

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