Search results “Cadillac plans and union members”
Unions & Cadilac Health Care Plans
Big Labor got some big love from President Obama and congressional Democrats yesterday after they agreed to exempt union workers from the whopping Cadillac tax on high-cost health-care plans until 2018. The sweetheart deal, hammered out behind closed doors, will save union employees at least $60 billion over the years involved, while others won't be as lucky -- they'll have to cough up almost $90 billion. The 40 percent excise tax on what have come to be called "Cadillac" health-care plans would exempt collective-bargaining contracts covering government employees and other union members until Jan. 1, 2018. http://www.nypost.com/p/news/national/unions_get_pecial_treatment_in_health_AB053CwqPIJlIxXAm37DOM#ixzz0cowvcHYn
Views: 588 countryboy1949
Labor Unions' Obamacare's 'Cadillac Tax' 40%
Labor Unions' Latest Problem: Obamacare's 'Cadillac Tax' Harms Their Gold-Plated Health Insurance Plans As health coverage expands to tens of millions of Americans--through Medicaid expansion in states and the new state health insurance exchanges that will soon begin selling individual health coverage--some Americans with employer-sponsored health coverage are seeing their benefits decrease. One of the most significant, and controversial, provisions of the Affordable Care Act is the new excise tax on high-cost health plans proposed to both slow the rate of growth of health costs and finance the expansion of health coverage. The provision is often called the "Cadillac" tax because it targets so-called Cadillac health plans that provide workers the most generous level of health benefits. These high-end health plans' premiums are paid for mostly by employers. They also have low, if any, deductibles and little cost sharing for employees. Proponents of the new excise tax argue that these benefit-rich plans insulate workers from the high cost of care and encourage the overuse of care--such as unnecessary tests and hospital visits--that raise US health costs overall. However, the plans may be more costly and therefore subject to the new excise tax for reasons other than their generous benefits, including plan participants' health status or advanced age. A 40 percent excise tax will be assessed, beginning in 2018, on the cost of coverage for health plans that exceed a certain annual limit ($10,200 for individual coverage and $27,500 for self and spouse or family coverage). Health insurance issuers and sponsors of self-funded group health plans must pay the tax of 40 percent of any dollar amount beyond the caps that is considered "excess" health spending. Although the excise tax does not take effect for another four years, many employers are already scaling back their health benefit offerings or increasing workers' deductibles and copays to avoid paying the tax. Proponents argue that employers need a renewed focus on cost control, and that when consumers must pay a share of the costs, they will be less likely to overuse care. For consumers, especially those in poor health or with chronic illnesses who rely on Cadillac plans to cover high annual medical expenses, the tax means that they'll have to pay much more for their health care. Critics of the tax say it unfairly "hollows out" and "slashes" health benefits. It's not yet clear how widely the excise tax will be felt by both employers and consumers. This brief explains the tax, its current and projected effects, and what's next in the debate as the tax moves toward full implementation in 2018.
Views: 418 Robert Gomez
Papantonio: Labor Unions Will Concede Insurance Tax - The Ring Of Fire
Labor unions are unhappy about Obama's plan to tax Cadillac health insurance plans to pay for reform. But would they concede this for card check? Mike Papantonio appears on Fox's Bulls and Bears to talk about why they need to use this to their advantage.
Views: 435 The Ring of Fire
Union Lambourghini Health Plan Healthcare Now Nat'l Strategy Conf 11 14 09
For those of you who need more evidence to explain how the nation's Big Three Automakers ended up in such financial strife, take a look at the video I shot as the only journalist attending the 2009 Healthcare-Now.org National Strategy Conference, a single-payer health care confab, Saturday afternoon in St. Louis. It shows union heavyweight Jerry Tucker "spilling the beans" about union members enjoying not the Cadillac, but "the Lambourghini of health care plans." FYI: Tucker is a steering committee member for Labor for Single Payer, a director of the Healthcare Justice Education Fund, a former member of the UAW International Union Executive Committee and a co-founder of the Center for Labor Renewal. To read more about the single-payer agenda, click on the conference logo in the left sidebar at http://bobmccarty.com.
Views: 441 Bob McCarty
Obama Administration proposing tax exemptions for union healthcare plans under Obamacare
The Obama administration appears ready to give some labor unions a break from costly fees under the new health care law, a move that drew criticism from Republicans who say it unfairly favors a key White House ally. In regulations published last week, the administration said it intends to propose rules that would exempt "certain self-insured, self-administered plans" from the requirement to pay the fees in 2015 and 2016. Health care experts say that could apply to some union-sponsored health plans, though it's unclear how many. Labor officials downplayed any impact as miniscule, saying the language would not include most of their plans and doesn't address the wider changes they have requested. Labor unions have spent months complaining the new law will drive up the costs of certain health plans that are jointly administered by unions and smaller employers. The White House has rejected a broader request that union members in those plans be eligible for federal subsidies. Unions and many businesses groups also have been complaining about the so-called reinsurance fees, which start next year at $63 per person for everyone who has coverage. The fee drops to about $40 a person in 2015 and even less the following year. The temporary fee is designed to raise $25 billion over the next three years. The money collected is intended to provide a cushion for insurers from the initial hard-to-predict costs of covering previously uninsured people with medical problems. But unions and large employers argue that they shouldn't have to pay the fee because they won't benefit from the fund.
Views: 185 LSUDVM
Canada's biggest union
It's Labour Day and members of Unifor - Canada's new "super union" - were out in force to celebrate. As Christina Stevens reports, Unifor plans to one day be a voice for all Canadian workers. For more info, please go to http://www.globalnews.ca
Views: 1151 Global News
President Trump arrived in Detroit Michigan. Mar. 15 2017.
President Trump arrived in Detroit Michigan. Mar. 15 2017. Trump delivers remarks to union members in Michigan
Invest in America - GM Credit Union Member Discount Sales Reach 500,000
Thanks to GM's Credit Union Member Discount, all current and eligible credit union members can receive preferred pricing when they purchase an eligible, new GM vehicle. This is in addition to most current incentives and special offers! Finance with your credit union online, or head to your credit union for pre-approval,and save even more with their low auto loan rates! Learn more at http://www.lovemycreditunion.org/GM-171.html
Views: 1781 LoveMyCreditUnion
Highest Paid Mafia Boss Tells the TRUTH About the Life
The dark side of the mob. How Michael Franzese, the highest paid Mafia boss since Al Capone, one day decided to walk away from the life. Check out the official Las Vegas Mob Story page on Facebook: http://bit.ly/2kplQgQ Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ The following topics were discussed in this interview with Michael Franzese: - Roy Cohn - The Godfather - Michael Corleone - Rudy Giuliani - John Gotti - Sunny Franzese - Colombo Family - Gambino family - Carmine "The Snake" Persico - Conciegliere - What really happens in the mob life Buy the book: I'll Make You an Offer You Can't Refuse http://amzn.to/2DjuDJh To reach the Valuetainment team you can email: marketing@patrickbetdavid.com Follow Patrick on social media: Facebook:https://www.facebook.com/PatrickBetDavid.Valuetainment/ Instagram:https://www.instagram.com/patrickbetdavid/ Twitter:https://twitter.com/patrickbetdavid Linkedin:https://www.linkedin.com/in/patrick-bet-david-3731553
Views: 4563577 Valuetainment
Op-ed: President Trump versus the deep state
Jason Chaffetz and David Bossie join 'The Story' with reactions to the New Yorker Magazine op-ed which breaks down President Trump's battle with the deep state and his promise to 'take on the swamp.' FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most watched television news channel for more than 15 years and according to a Suffolk University/USA Today poll, is the most trusted television news source in the country. Owned by 21st Century Fox, FNC is available in more than 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre. Subscribe to Fox News! https://www.youtube.com/user/FoxNewsChannel Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ Watch full episodes of your favorite shows The Five: http://video.foxnews.com/playlist/longform-the-five/ Special Report with Bret Baier: http://video.foxnews.com/playlist/longform-special-report/ The Story with Martha Maccallum: http://video.foxnews.com/playlist/longform-the-story-with-martha-maccallum/ Tucker Carlson Tonight http://video.foxnews.com/playlist/longform-tucker-carlson-tonight/ Hannity http://video.foxnews.com/playlist/longform-hannity/ The Ingraham Angle: http://video.foxnews.com/playlist/longform-the-ingraham-angle/ Fox News @ Night: http://video.foxnews.com/playlist/longform-fox-news-night/ Follow Fox News on Facebook: https://www.facebook.com/FoxNews/ Follow Fox News on Twitter: https://twitter.com/FoxNews/ Follow Fox News on Instagram: https://www.instagram.com/foxnews/
Views: 8958 Fox News
Teamsters union leaving Hillary Clinton for Donald Trump?
LifeZette.com Political Editor Keith Koffler on reports the Teamsters union is refusing to endorse Hillary Clinton and is seeking a meeting with Donald Trump. Watch Dagen Mcdowell and Maria Bartiromo talk about Elections on Mornings With Maria.
Views: 11157 Fox Business
General Motors Reaches Tentative Worker Agreement To Avoid Strike
General Motors (GM) has reached a tentative agreement with the United Auto Workers union, avoiding a strike that would have cost the automaker an estimated $1.2 billion in lost revenue per week. GM executives and union members still have to vote on the proposed labor deal, which will determine worker pay and benefits over the coming four years. Details of the proposal have not been released but representatives have said that it allows for increased wage gains and job commitments. Low gas prices have boosted business and profits for GM, which has seen increased sales of trucks and SUVs. However, remaining competitive is still a challenge for the automaker as it navigates higher hourly costs than those of its Asian rivals. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
Labor Notes' Mark Brenner Tackles Unions' Health Care Deal
Did unions paint themselves into a corner, cutting a deal on the so-called "Cadillac tax" that won't work and casts them as a special interest? Mark Brenner tackles this question on Fox Business Live.
Views: 356 Labor Notes
Labor Unions and Obamacare
Huffington Post Reporter Dave Jamieson joins Bill Press to discuss an Obamacare provision that is affecting labor unions.
Views: 200 freespeechtv
Las Vegas Unions Strike and Won't Vote Democrat Over Obamacare
Las Vegas Unions Strike and Won't Vote Democrat Over Obamacare Contract negotiations are stalled for thousands of workers at casinos on the Strip and in downtown Las Vegas to the point where they may go on strike — and the sticking point is Obamacare. On Feb. 20, thousands of housekeepers, porters, cooks, cocktail servers, and others represented by Nevada's largest union, the Culinary Union Local 226, voted to end a contract extension the workers agreed to last summer. The union wants to maintain its current benefits — including health care coverage at no cost to workers, pensions, and guaranteed 40-hour workweeks. Rising health care costs due to provisions in the Affordable Care Act could put those benefits in jeopardy, the union says. "The biggest hurdle to reaching settlements in Vegas is the new costs imposed on our health plan by Obamacare," Donald "D" Taylor, president of Unite Here, the parent union of CU Local 226, told BuzzFeed in a statement. "Even though the president and Congress promised we could keep our health plan, the reality is, unless the law is fixed, that won't be true." On March 20, workers will have the opportunity to decide whether or not they would want to walk off the job at several hotels, including the Stratosphere, the Riviera, and the Plaza. Attribution Intro by: Laurent Caccia Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/ http://www.youtube.com/laurentcaccia
Views: 518 Shakaama
Ted Cruz: I Am Convinced President Obama Plans To Grant Unions Obamacare Exemption
More Democrats are turning on ObamaCare by calling for a delay on the individual mandate. Senator Ted Cruz (R-TX) who has led the GOP charge against ObamaCare joined Greta Van Susteren tonight on On The Record with reaction. Cruz called it "ironic" that a few weeks ago during the government shutdown, critics were saying Republicans wouldn't be able to garner Democratic support for delaying ObamaCare. "It's clear this thing isn't working and it's becoming harder and harder for Democrats to defend." The senator said he's convinced the administration plans on granting exemptions to the unions. One reason the enrollment website is a "dud," Cruz said, is because of the Obama administration's directions to the programmers. "They wanted to set it up where people couldn't see the prices until they entered all of their personal information."
Views: 1804 Eduardo89rp
LIUNA Union Head: Our Members' Health Care Funds Under Siege Because Of ObamaCare
LIUNA Union Head: Our Members' Health Care Funds Under Siege Because Of ObamaCare (September 11, 2013)
Views: 13248 GOP War Room
Toyota Stock Hits A Pothole After Trump Rebukes Japanese Automaker.
Trump Breaking News Network - Toyota Stock Hits A Pothole After Trump Rebukes Japanese Automaker. Although Toyota sought to stem the damage from President-elect Donald Trump’s Thursday tweet denouncing the construction of a new plant in Mexico, the Japanese automaker suffered a setback on Wall Street. Trump posted Thursday that Toyota would pay a hefty “border tax” if it didn’t build the plant in the United States. Back in September, Toyota announced that it would spend $150 million at the Baja plant to boost output of its Tacoma pickup truck. The company has also said it seeks to invest $1 billion in a new Corolla plant at Guanajuato that would produce 200,000 vehicles per year for sales throughout North America. The plant would employ 2,000 people. Trump’s fingers had barely stopped sending the tweet when Wall Street felt its impact. Toyota shares began plummeting almost instantly, causing an initial drop of around $1.2 billion in value. The stock price finished the day down 0.75 points, or 0.62 percent. Experts expect the stock price will rebound over time, as happened before to Boeing when Trump tweeted criticism over the cost of the new Air Force One. Toyota later issued a statement insisting its Mexico plans would not hurt employment in the United States. “Toyota has been part of the cultural fabric in the U.S. for nearly 60 years,” the statement read. “Production volume or employment in the U.S. will not decrease as a result of our new plant in Guanajuato, Mexico announced in April 2015,” it said in part of a statement released on Twitter. Trump’s jab at Toyota followed a campaign promise that he would attack automakers that either invest or move jobs outside of America. Ford, which was the subject of many of Trump’s campaign comments, recently said it will not build a planned plant in Mexico. General Motors, which was criticized by Trump earlier this week for building the Chevrolet Cruze in Mexico while laying off Ohio workers, responded by saying that the model made in Mexico had minimal U.S. sales and that the layoffs were due to market factors in the U.S. One expert said whether Trump wins or loses his battles with the auto giants, the fact that he is fighting them resonates politically with one key group. “Trump’s attack tweets against different companies may seem pretty random, but look closer. When he calls out Carrier, Ford, GM, Lockheed-Martin, Boeing, etc., all of the companies he’s targeting have something in common: They’re either unionized companies or in generally unionized industries,” wrote Jake Novak on CNBC, who said Trump’s “protectionist and border security message, which became evident right from the first day he announced his campaign, clearly spoke to union rank-and-file members across the country.” When Trump fights for union jobs, he increases his support among union members, undercutting a traditional base of the Democratic Party, Novak wrote. “Expect this to continue throughout his presidency. And all it takes is a look at the election map to see why. Trump’s siphoning of union support from the Democrats brought him a narrow election victory, it’s only logical that he’ll do what it takes to siphon yet more to ensure more support and a bigger re-election margin in the coming years,” he added. What do you think? Scroll down to comment below. Source: http://www.westernjournalism.com/toyota-stock-hits-a-pothole-after-trump-rebukes-japanese-automaker/ http://trumpbreakingnewsnetwork.net Trump Breaking News Network - TBNN https://www.youtube.com/channel/UC6KZqfNgPrGEJDRIUTHPwrQ https://youtu.be/C03HWw8beiQ For the latest new about Donald Trump and his presidency. Stay tuned. Share and like. 'Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for 'fair use' for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use'
Peter Kormos & dedicted union activists assist HERE 2347
Workers rally in Niagara Falls to protest anti union abusive bully tactics by Canadian Niagara Hotels Ltd. www.mikewilliams2006.com
Views: 596 Mike Williams
Obama exempts unions from Obamacare after 2014 elections
Did you ever wonder why the unions have turned suddenly quiet on the issue of Obamacare? That is because President Obama made a secret pact with them, that they will be exempt after this election cycle. The problem is, the unions are about to be double crossed.
Views: 47 DailyWorldwideNews
August 26, 2009 demonstration outside the Toronto Dominion Centre where Cadillac Fairview locked out and then termimInated 61 CEP local 2003 members
Views: 1216 Bill Clennett
Human smuggling in Europe: EU seeks to destroy boats and stop migrants in Africa
Originally published on 12 May, 2015 Sign up for a free trial of News Direct's animated news graphics at http://newsdirect.nma.com.tw/Reuters.aspx ----------------------------------------­----------------------------------------­---------------- For story suggestions please contact tips@nma.com.tw Europe is appealing to the United Nations Security Council to support its plan to stop the flow of migrants into Europe by dismantling people-smuggling organizations and destroying their vessels. However, the EU says the vessels would not be destroyed by bombing. European Union leaders have agreed to "identify, capture and destroy vessels before they are used by traffickers," but it is unclear how this will be carried out. "No one is thinking of bombing. I'm talking about a naval operation," EU foreign policy chief Federica Mogherini said. She said European foreign ministers would meet on May 18 to discuss and set details of the operation. European members of the Security Council — Britain, France, Lithuania and Spain — are drafting a resolution to approve the European operation under Chapter 7 of the U.N. Charter, which allows the use of force, Reuters reported diplomats as saying. Reuters reports, “The resolution would authorize the EU to intervene on the high seas, in Libyan territorial waters and coastal areas to seize vessels and the draft text is likely to be circulated to the 15-member council in the coming days, diplomats said. “About 1,800 migrants have perished in the Mediterranean this year, the U.N. refugee agency said. Some 51,000 have entered Europe by sea, with 30,500 coming via Italy, fleeing war and poverty in Asia, Africa and the Middle East.” ----------------------------------------­----------------------------------------­---------------- Next Media Animation’s News Direct service provides daily, high-quality, informative 3D animated news graphics that fill in for missing footage and help viewers understand breaking news stories or in-depth features on science, technology, and health. To subscribe to News Direct or for more info, please visit: http://newsdirect.nma.com.tw/Index.aspx
Views: 1616 News Direct
Frank Matthews documentary full movie HD | Al Profit
NEW Documentary FREE on AMAZON ------------------- "White Powder, Black Power"---------------------- https://amzn.to/2MttKlx OWN this movie in Full HD with NO commercials: https://frankmatthewsdocumentary.vhx.tv/buy/frank-matthews-story SUPPORT: http://www.paypal.me/alprofit http://www.AmericanDope.com Check out my Affiliate LInks Below LegalShield - Legal Services and Income Building Opportunity: https://alprofit.wearelegalshield.com https://vimeo.com/ondemand/14777 Frank Matthews- The KINGPIN who got away!! https://amzn.to/2AqUu5c "MOTOWN MAFIA" https://amzn.to/2OpcQGt "White Powder, Black Power" https://amzn.to/2AlplQk "Cold War Heroin Heat" https://amzn.to/2K5IxkZ "Acid Dreams" https://amzn.to/2Agl7ta "Rollin: the Fall of the Auto Industry and the Rise of the Drug Economy in Detroit" https://amzn.to/2Osw79Z "Killing Jimmy Hoffa" https://amzn.to/2Ai3MA9 "T Stuckey Story" https://amzn.to/2Aq5KhQ End of Affiliate Links Richer than Frank Lucas. More powerful than the Mafia. He was the biggest drug dealer in America. In 1973 he jumped bail and disappeared with 15 million dollars. He has never been seen again. Nearly four decades later, the fate of Frank Matthews remains a complete mystery. It s as if Matthews dropped off the face of the earth, explained Mike Pizzi, a retired U.S. Marshal who was involved with the hunt for Matthews, the fugitive, for several years. The one hour and 23 minute documentary features rare archival footage, interviews with numerous sources who previously haven t talked on camera about Frank Matthews and never before seen photos of Matthews. The documentary explores several intriguing questions: how was Matthews been able to operate for several years without being detected? What was his relationship with La Cosa Nostra? Why did the CIA get involved in the Matthews investigation? Why has the mystery of his disappearance been so difficult to solve? Born in 1944 in Durham, North Carolina, Matthews left his hometown when he was a teenager, going first to Philadelphia and then to New York City. By the early 1970 s, Frank Matthews had become America's biggest drug kingpin. His organization, headquartered in Brooklyn, stretched across more than 20 states, and he became the only Black gangster to establish direct ties to the French Connection heroin pipeline. To quote a federal prosecutor assigned to the Matthews case, Matthews was a pioneering giant of drug distribution." Matthews organization eventually outgrew even the Italian Mafia, and when he built himself a mansion in Staten Island's most exclusive neighborhood (and across the street from mobsters Paul Castellano and Three Finger Brown), he found himself on the verge of a war with La Cosa Nostra. Matthews also battled militant Black Muslims for control in the streets of New Jersey and Philadelphia as he built his empire. The $15 to 20 million dollars he disappeared with is roughly equivalent to $100 million in today's cash. What happened to Frank Matthews? That s the most intriguing questionin organized crime history, said Chepesiuk, who has spent five years researching the Frank Matthews story. Despite one of the largest manhunts in US history, there is no proof as to whether he is alive or dead. About the Director Alan 'Al Profit' Bradley has directed numerous true crime documentaries including 'Motown Mafia' and 'Rollin: the Fall of the Auto Industry and the Rise of the Drug Economy in Detroit' His first feature film, 'Saint Aubin' was also released in 2012. Ron Chepesiuk is the author of dozens of books and the director of a documentary on legendary heroin smuggler Ike Atkinson.
Views: 1514305 Al Profit
CAPITALISM This Is Not A Love Song
TD Center Engineers, members of CEP Local 2003 walk the line after being locked out and terminated by their employer Cadillac Fairview. Ironically Cadillac Fairview is owned by the Ontario Teachers Pension Plan but the unionized teachers cannot control their own investment...
Views: 959 Humberto61
Turning On Obamacare  Unions Upset Over Soaring Coverage Costs - Stuart Varney
Pelosi: "We Have to Pass the Bill So That You Can Find Out What Is In It" Obama: "if you like your health care plan, you can keep it." Turning On Obamacare Unions Upset Over Soaring Coverage Costs - Stuart Varney
Part 3 - Manhattan Institute
Governor Chris Christie gives remarks to the Manhattan Institute at The Plaza in New York. Part 3 of 4. May 25th, 2010. (Transcript Below) ...when you look at what happens in health benefits that's just one good example. This union has decided that everyone they represent is entitled to free medical, dental, and vision benefits for themselves and their families from the day they are hired until the day they die. That is—you may think I'm exaggerating, but I am not. In the main in New Jersey neither the members nor their union pays a penny towards their health care, not a penny, and that's a pretty sweet deal, and I can't think of any other job where the employer says well, listen, don't worry about your health insurance. We'll just throw that in no matter what it costs and in fact pick whatever plan you like. In fact, take the most expensive one. We won't even give you a choice. Let's take the Cadillac plan and give it to you. I don't understand why the teacher's union doesn't understand that while everybody else in New Jersey and across the country is paying for a part or all of their health insurance that we should have to pay for all of theirs. It simply doesn't make common sense. It's a question of fairness. I'm not asking them to pick up 100% of the premiums. I'm not even asking them to pick up 50% of their premiums. In fact I've not even asked them to pick up 25% of their premiums, even though that's what I paid as a federal employee and all federal employees pay 25% of premium across the entire country. I'm not even asking them for 10%. I asked them to pay 1.5% of their salary towards their health benefits, 1.5%. Now for the average teacher that makes $55,000 a year in New Jersey we're talking about $825 annually for full family medical, dental, and vision coverage. That's less than $69 a month. Now in the private sector this is a deal that employees would run each other over to get. The response of the teacher's union? This is the gravest attack on public education in the history of the world. Now see I don't get this, because I don't understand why my child will learn better if they have the comfort of knowing that their dear teacher is paying nothing towards their health benefits. I can't imagine your child coming home and saying I can't study. I'm overwrought with anxiety. Why? Why are you overwrought with anxiety? My teacher has to pay 1½% of their salary for their health benefits. Come on Dad. Buck up. You pay it for them. I mean this is ridiculous. It's laughable, yet you have the head of the teacher's union on Saturday standing up at this rally saying we are not the problem. There have never been more incorrect words spoken in front of the Statehouse in Trenton and that is a high bar ladies and gentlemen, a high bar, because I believe that most teachers, most teachers become teachers because they find it so rewarding. They want to make a good living. They want to have financial security just like all the rest of us, but the difference between zero and 1.5% is not going to cause a dedicated teacher to leave the profession. It's not going to stop a kid in college who wants to be a teacher from joining the profession. I think when the union makes that argument they sell their members and their profession extraordinarily short, and they may do that but I'm not going to. I'm going to challenge teachers to be a part of the solution and to challenge their union, and we've had mixed success at that so far but it doesn't mean I'm going to stop, so we need to give mayors and school board members the ability to negotiate a full menu of health benefits that folks can choose from at varying costs with varying kinds of coverage. Now this isn't revolutionary. It happens as you know in the private sector every day. It's happening with federal employees. Why should state and local government workers in New Jersey have a better deal than federal employees? They're all government workers, and federal employees seem to be doing just fine by paying that portion of their benefits. This is just restoring some common sense to a totally out of control system, and if you wonder how much it cost this year alone in New Jersey's budget, $823 million on retiree health benefits alone, $823 million just on retiree health benefits, and you have the teacher's union complaining about my $820 million cut to K-to-12 education. Well, much of that cut wouldn't be necessary if people would start contributing towards their own health benefits like it's done in the rest of the civilized world outside of New Jersey. Pension reform is also necessary, and we've passed some pension reform already in New Jersey as it applies to future employees, but we need to get to the problem of present employees... (...)
Views: 2367 GovChristie
Throwback: Indianapolis General Motors employees go on strike
In 2007, members of the United Auto Workers union at the Indianapolis General Motors plant went on strike. Local union members expressed concerns over pay, healthcare and job stability.
Colloquy with Senator Martin Heinrich (D-NM) regarding Cadillac Tax
Today, U.S. Senator Dean Heller (R-NV) spoke on the Senate floor in a colloquy with Senator Martin Heinrich (D-NM), urging his colleagues to support their efforts to repeal the “Cadillac tax” by the end of the year.
Views: 77 SenDeanHeller
Obama's Allies Outraged - Labor Unions Turn Against Health Care Law - Obamacare
Obama's Allies Outraged - Labor Unions Turn Against Health Care Law - Obamacare
Machinists News Network - Straight Talk From John Edwards
GoIAM.org - IAM District 751 in Seattle was the backdrop for Machinists and other union members to talk openly with presidential candidate John Edwards about the issues that matter to the middle class and his plan to help organized labor. GoIAM.org
Views: 846 Machinists Union
Hillary Clinton Union Endorsements Rigged By Political Insiders, Not the Will of Members
(Links Below) Hillary Clinton is poised to pick up a second major Education Union endorsement by the National Education Association in the coming week. This despite some union members actively trying to STOP the endorsement and amidst claims that this is being manipulated by State and National Leaders and not an expression of support from the union members themselves. This is the second time a major endorsement has come under protest by the organization's members. Back in July after the American Federation of Teachers endorsed Clinton, some members expressed outrage and protested the annual meeting of the AFT and their President in Washington. The union's President, Randi Weingarten, being a member and donor of Priorities USA Action, a Super Pac actively working to help elect Hillary Clinton in 2016. Common Dreams Article on NAE Member Protest Against Clinton Endorsement: http://www.commondreams.org/news/2015/09/29/rank-and-file-teachers-object-nations-biggest-union-weighs-early-clinton-endorsement?utm_campaign=shareaholic&utm_medium=twitter&utm_source=socialnetwork (Randi Weingarten AFT Clinton Super Pac Connection http://abcnews.go.com/blogs/politics/2013/08/hillary-clinton-super-pac-pulls-donors-from-obamaland/ Politico Article: http://www.politico.com/story/2015/09/hillary-clinton-teachers-union-214190 AFT Demostration Event Page Against Rand Weingarten & AFT Leadership in Washington: https://www.facebook.com/events/962400147145072/
Views: 2102 Sane Progressive
Dayton Public School Buses Wheels Keep on Turn
DAYTON -- Students at Dayton Public Schools were thankful their buses arrived on this windy Tuesday morning. The threat of a driver strike ended last night after union members agreed on a contract. Thousands of parents were worried they would have to scramble to find other transportation. Instead, we found this girl walking her little sisters to the bus stop. "We all would have been late.. "It's a relief that means we don't have to rush to get to school. I have to go to school after they do. It's a relief the bus drivers are here taking them to school," said Breana Davidson. DPS ratified the contract last night at an emergency meeting. The new contract expires in June of 2017.
Views: 48 WKEFandWRGT
A Labor Union Prepares To Strike, As Obamacare Ups Health Insurance Costs By 5.0-12.5%
Labor unions have been among President Obama's most reliable supporters. Unions' support was critical to the passage of Obamacare in 2010. But unions are continuing to learn, to their apparent surprise, that their members will bear many of the costs of the new health law. Now we learn that some laborers are preparing to strike, if they are forced to absorb the higher health-insurance costs that the Affordable Care Act requires. A lawyer for the Laborers International Union of North America told the Wall Street Journal, "When we first supported the calls for health-care reform, we thought it was going to bring costs down." But that's not what's happening, as there are several cases where unionized workers and their employers are being forced to absorb higher costs as a result of the law. http://www.forbes.com/sites/theapothecary/2014/05/27/a-labor-union-prepares-to-strike-as-obamacare-ups-health-insurance-costs-by-5-0-12-5/ http://www.wochit.com
Views: 48 Wochit Business
Big union win Obamacare loss
A $24 million national union effort stemmed the tide of budget backlash on public employees bloated salaries and benefits which are bankrupting cites and states. After failing in Wisconsin unions pulled out all the stops in Ohio. Hailed as a big win for Obama the union vote was offset by a rejection of the Obamacare mandate.
Views: 77 usACTIONnews
Golf Channel cameramen walk out on coverage amid Sony Open | Breaking News US/Australia
★More News Channel - Entertainment Video►► http://bit.ly/2zUac3v Union workers for video and audio production walked out Sunday from Golf Channel events, over stalled contract negotiations.The strike will lead to limited coverage of the final round at the Sony Open golf tournament in Hawaii, and two other events in the Bahamas and Florida.Golf Channel said it has been negotiating an agreement for nine months with International Alliance of Theatrical Stage Employees (IATSE), a union for tournament technicians at golf tournaments, such as the camera crew.The strike involves only tournaments that Golf Channel produces.Along with the Sony Open, Golf Channel is televising the second round of the Web.com Tour event in the Bahamas, a 72-hole event that ends on Tuesday.It also is televising the unofficial Diamond Resorts Invitational in Orlando, Florida, for players from the PGA Tour Champions, LPGA Tour and celebrities.'Golf Channel has been working on negotiating an agreement for nine months with a union that represents our live tournament technicians,' the network said in a statement.'Those efforts have not yet yielded a resolution, and we look forward to reaching a mutually agreeable contract. However, some technicians have chosen to walk off the job today. We have contingency plans in place, and will continue to deliver coverage.'Golf Channel declined to comment further as to how it plans to provide coverage.Golf Channel has headquarters in Orlando and likely will be able to have more complete coverage of that event.The PGA Tour sent notices to its players on all tours notifying them of the labor dispute.'We are working closely with our partners at the Golf Channel to provide as much television coverage as possible,' the PGA tour said in a statement.It said fans could follow the tournaments with real-time scoring on its website, through social media channels and PGA Tour Radio on SiriusXM for the Sony Open.The Sony Open telecast was scheduled to broadcast from 6 pm to 10 pm Eastern, and starting times are set for the final group to finish in that window.However, the PGA Tour moved up tee times by about an hour, so that the last group finishes around 9:15 pm Eastern.More than 30 IATSE members from Local 665 picketed outside the main road into Waialae Country Club, where the Sony Open is being held, in support of the Golf Channel's technical crew.John Culleeny, an international representative for the union, said its members wanted Golf Channel to meet industry standards. He was not specific on the talking points that stalled negotiations.The video and audio crew had talked about walking out during the third round Saturday but held back for another meeting.Culleeny said the next meeting was scheduled for Tuesday, but the crew ended up walking out on Sunday.Golf Channel is producing three tournaments next week - the CareerBuilder Challenge in Palm Desert, California, another Web.com Tour event in the Bahamas and the Mitsubishi Electric Championship,
Views: 77 MING JAYA CO., LTD
IYC Murphysboro Protest
Union members of the Illinois Youth Center in Murphysboro protested Tuesday a proposed plan by the state to cut 50 percent of the facility's operating budget for the 2012 fiscal year.
Views: 377 The Southern
If you like your healthcare plan you can keep it.
Obama in a speech saying that if you like your healthcare plan that you could keep it.
Views: 6085 Poor Richard
must see  Ford and UAW
ex employee discuss about problems with Ford and UAW
Views: 185 Leslie Lucht
Senate votes to give green light to health care bill
Link to article: http://www.cnn.com/2009/POLITICS/12/21/health.care.senate.vote/ Washington (CNN) -- Democrats won a major victory in their push for health care reform early Monday morning as the Senate voted to end debate on a package of controversial revisions to a sweeping $871 billion bill. The 60 to 40 party-line vote, cast shortly after 1 a.m., kept Senate Democrats on track to pass the bill on Christmas Eve. If it passes, the measure will then have to be merged with a roughly $1 trillion plan passed by House of Representatives in November. The Senate went into recess until noon Monday shortly after the vote. The vote left President Obama on the cusp of claiming victory on his top domestic priority and enacting the biggest expansion of federal health care guarantees since the enactment of Medicare and Medicaid over four decades ago. "Today, the Senate took another historic step toward our goal of delivering access to quality, affordable health care to all Americans," Senate Majority Leader Harry Reid, D-Nevada, said in a statement. The vote was the first of three this week requiring Democrats to win the backing of 60 members -- enough to break a GOP filibuster. Final passage of the measure, in the contrast, will require a bare majority in the 100-member chamber. "The die is cast. It's done," New York Democratic Sen. Chuck Schumer proclaimed after the vote. Liberal Democrats are particularly upset with Reid's decision to abandon a government-run public health insurance option and an expansion of Medicare to Americans as young as age 55 -- ideas strongly opposed by Lieberman and other centrists. Among other things, they have agreed to subsidize insurance for a family of four making up to roughly $88,000 annually, or 400 percent of the federal poverty level. They have also agreed to create health insurance exchanges designed to make it easier for small businesses, the self-employed and the unemployed to pool resources and purchase less expensive coverage. Both the House plan the Senate bill would eventually limit total out-of-pocket expenses and prevent insurance companies from denying coverage for pre-existing conditions. Insurers would also be barred from charging higher premiums based on a person's gender or medical history. Medicaid would be significantly expanded under both proposals. The House bill would extend coverage to individuals earning up to 150 percent of the poverty line, or roughly $33,000 for a family of four; the Senate plan ensures coverage to those earning up to 133 percent of the poverty level, or just over $29,000 for a family of four. The Senate bill also cuts Medicare by roughly $500 billion. It does not include a tax surcharge on the wealthy, however. It would instead impose a 40 percent tax on so-called "Cadillac" health plans valued at more than $8,500 for individuals and $23,000 for families. The Senate bill would also hike Medicare payroll taxes on families making over $250,000; the House bill does not. Another key sticking point: the dispute over a public option. The House plan includes a public option; the more conservative Senate plan would instead create new nonprofit private plans overseen by the federal government. Individuals under both plans would be required to purchase coverage, but the House bill includes more stringent penalties for most of those who fail to comply. The House bill would impose a fine of up to 2.5 percent of an individual's income. The Senate plan would require individuals to purchase health insurance coverage or face a fine of up to $750 or 2 percent of his or her income -- whichever is greater. Both versions include a hardship exemption for poorer Americans. Abortion has also been a sticking point for both chambers. A late compromise with Catholic and other conservatives in the House led to the adoption of an amendment banning most abortion coverage from the public option. It would also prohibit abortion coverage in private policies available in the exchange to people receiving federal subsidies. Senate provisions, made more conservative than initially drafted in order to satisfy Sen. Nelson, would allow states to choose whether to ban abortion coverage in plans offered in the exchanges. Individuals purchasing plans through the exchanges would have to pay for abortion coverage out of their own funds. Nelson told CNN's "State of the Union" on Sunday that he would withdraw his support if the final bill gets changed too much from the Senate version under consideration. Among other things, Nelson had a provision added to the bill requiring the federal government to cover Nebraska's costs for expanded Medicaid coverage after 2016. No other state is currently slated to receive such a benefit.
Views: 540 TheRodenburgfilms
WROC - Slaughter Highlights Rochester’s Job-Creating GM Plant
Congresswoman Louise Slaughter visited General Motors’ Rochester facility today where she called on Congress to support manufacturing businesses that create jobs, grow local economies, and prove it’s still possible to “make it in America.” Slaughter toured the GM plant where she spoke with employees, union leaders, and GM representatives about how to harness Rochester’s world class manufacturing sector to create more jobs here in Monroe County. “For more than 75 years the Rochester GM plant has been on the cutting edge of the latest automotive technologies. I’m proud of the work being done by the plant’s 1,100 employees who are manufacturing some of America’s most treasured vehicles like John Deere, Cadillac, Harley Davidson, the Camaro, and the Corvette,” said Rep. Slaughter. “Rochester is home to the most talented workforce in the world, and I stand with American businesses, like GM, to support the jobs they create here in the United States.” “There’s a lot to be proud of here in Rochester, and we’re happy to continue our over 30 year partnership with Congresswoman Slaughter as she highlights the great work being done at the GM facility,” said Chris Brancato, Acting President and Recording Secretary of the United Auto Workers Local 1097. “Our union members work hard to help build some of the best cars and trucks on the planet. As long as there are vehicles on the road, we’re ready to keep making fuel systems for them right here in Rochester.” “We appreciate Congresswoman Slaughter’s visit as she works to strengthen the manufacturing economy in Western New York,” said Neal Evans, plant manager at GM’s Rochester Operations. “We employ almost 1,100 of the hardest working, most talented workers in the world here at our Rochester Operations. We look forward to continuing to work with Congresswoman Slaughter to support American manufacturing and the good-paying jobs it supports across the country.” Employing over 1,100 people, the Rochester Components plant has been building automotive components for over 75 years. The plant made major contributions during World War II and is well known for manufacturing the Rochester Carburetor. GM has invested more than $150 million in their Rochester operations over the last four years. Congresswoman Slaughter has long supported Rochester’s manufacturing jobs and their vital contributions to the local economy. Slaughter has led the fight nationally to oppose unfair trade deals that harm American workers and ship jobs overseas. Slaughter has also pushed Congress to defend American jobs from anticompetitive currency manipulation by countries like China and Japan. --- Aired August 26, 2015
UAW Local 387: Wall Street vs. Main Street
Twitter me: http://twitter.com/jymi48180 Check my myspace: http://www.myspace.com/jimarnold We want Our Money Back! The foreign nonunion auto companies located in the South have a plan to reduce wages and benefits at their factories in the United States. And to do it, they need to destroy the United Auto Workers. When Senate Republicans from some Southern states went to work trying to do just that, on the foreign car companies' behalf. Senate Minority Leader Mitch McConnell (R-Ky.), Sen. Bob Corker ( R-Tenn.) and Sen. Richard C. Shelby (R-Ala.) -- representatives from states that subsidize companies such as Honda, Volkswagen, Toyota and Nissan -- first tried to force the UAW to take reductions in wages and benefits as a condition for supporting the auto industry bailout bill. When the UAW refused, those senators torpedoed the bill. When one compares how the auto industry and the financial sector are being treated by Congress, the double standard is staggering. In the financial sector, employee compensation makes up a huge percentage of costs. According to the New York state comptroller, it accounted for more than 60% of 2007 revenues for the seven largest financial firms in New York. At Goldman Sachs, for example, employee compensation made up 71% of total operating expenses in 2007. In the auto industry, by contrast, autoworker compensation makes up less than 10% of the cost of manufacturing a car. Hundreds of billions were given to the financial-services industry with barely a question about compensation; the auto bailout, however, was sunk on this issue alone. However, an internal Toyota report, leaked to the Detroit Free Press last year, reveals that the company wants to slash $300 million out of its rising labor costs by 2011. The report indicated that Toyota no longer wants to "tie [itself] so closely to the U.S. auto industry." Instead, the company intends to benchmark the prevailing manufacturing wage in the state in which a plant is located. The Free Press reported that in Kentucky, where the company is headquartered, this wage is $12.64 an hour, according to federal labor statistics, less than half Toyota's $30-an-hour wage. What the economy needs now is rising wages so the country can get on the path of wage-driven consumption growth. That means stronger unions. Indeed, I believe eventually it will mean the unionization of the entire U.S. auto industry.
Views: 1833 james arnold
GM workers speak out on concessions contract
The WSWS interviewed GM workers at the Michigan Poletown plant on a new concessions contract agreed by the UAW and GM, with the backing of the Obama administration.
Views: 1426 WSWS
GM All but Certain to File for Chapter 11
General Motors, the company that was once the nation's largest employer, moved to the edge of bankruptcy protection Wednesday as debtholders refused a last-ditch deal. (May 27)
Views: 953 Associated Press
Yelawolf - Daddy's Lambo
Sign up for updates: http://smarturl.it/Yelawolf.News Music video by Yelawolf performing Daddy's Lambo. (C) 2011 DGC Records Best of Yelawolf: https://goo.gl/vy7NZQ Subscribe here: https://goo.gl/ynkVDL
Views: 48548022 YelawolfVEVO
General Motors to pay profit sharing to 45,000 hourly workers
As a result of GM’s 2010 financial performance, the company will pay profit sharing to approximately 45,000 eligible GM U.S. hourly employees, and approximately 3,000 eligible GM Components Holdings employees. The average payout per employee will be approximately $4,300 for GM employees and $3,200 for GMCH employees.
The O'Jays - Forever Mine
The O'Jays' official music video for 'Forever Mine'. Click to listen to The O'Jays on Spotify: http://smarturl.it/OJaysSpotify?IQid=OJFM As featured on The Essential The O'Jays. Click to buy the track or album via iTunes: http://smarturl.it/EssentialOJays?IQid=OJFM Google Play: http://smarturl.it/FMGPlay?IQid=OJFM Amazon: http://smarturl.it/EOJAmazon?IQid=OJFM More from The O'Jays Livin' For The Weekend: https://youtu.be/Ix4o1I9djN0 I Love Music: https://youtu.be/tGmsFg-oQ6k Use Ta Be My Girl: https://youtu.be/0fNxgaw8I7I More great 70s videos here: http://smarturl.it/Ultimate70?IQid=OJFM Subscribe to The O'Jays on YouTube: http://smarturl.it/TheOJsSub?IQid=OJFM --------- Lyrics: Forever mine All because you're my kind, oh, baby I got what you want, you got what I want And we were made for each other, ooh Forever mine And I'm so glad 'cause it gets better with time, oh, girl I like what you like, you like what I like And we were made for each other Oh, baby, you are that someone I've been hopin', I've been lookin' all my days Don't you ever think about leavin' This heart of mine would be grievin' Don't go, stay, stay
Views: 10160269 TheOJaysVEVO
Jamie Foxx teaches Ciara to dance at BET Awards
Live from Nokia Theatre L.A. Live in Los Angeles on Sunday, June 30th, the BET AWARDS '13 kicked off with an electrifying performance by Chris Brown. Brown performed a medley of hits including his current single "Fine China" and a special performance of "Don't They Know" with vocals from Aaliyah. Nicki Minaj made a surprise performance by flying onto the stage and joining Brown for an energizing performance of "Love More." BET AWARDS '13 nominees Kendrick Lamar, Drake and Olympic medalist Gabrielle Douglas all took home two awards. This year marked Chris Brown's fourth year in a row winning the Fandemonium Award. "House of Lies" and "Iron Man" actor Don Cheadle presented the evening's first award for Best Male R&B/Pop Artist to Miguel. Miguel played double duty as he performed his solo number "How Many Drinks" with Kendrick Lamar and joined Mariah Carey during her performance of #Beautiful featuring Young Jeezy. Notable performances of the evening were Robin Thicke, who performed his new hit single "Blurred Lines" with Pharrell and T.I. Ciara and Nicki Minaj debuted their new single "I'm Out" on the BET Awards '13 stage. BET Networks surprised the audience with a Caribbean music tribute featuring reggae artists Beenie Man who performed his hit "Who Am I," Dawn Penn's club anthem "No, No, No" and reggae classic "Murder She Wrote" by Chaka Demus and Pliers. As if that wasn't enough, Elephant Man jumped on stage for the finale singing "Pon Di River," which had Nicki Minaj jumping out her seat to dance. Best New Artist and Best Hip Hop Artist winner Kendrick Lamar hit the stage three times performing his songs "M.A.A.D City" and "B*tch Don't Kill My Vibe" featuring Erykah Badu and "Problems" with A$AP Rocky and 2 Chainz. One of the most unforgettable performances of the night began with Justin Timberlake presenting R&B legend Charlie Wilson with the Cadillac Lifetime Achievement Award. India. Arie opened the moving tribute to Wilson with "There Goes My Baby" while Jamie Foxx blessed the crowd with the favorite "Yearning For Your Love." The legendary Stevie Wonder then took the stage and energized the audience with the funky "Burn Rubber On Me (Why You Wanna Hurt Me)." Wilson joined Timberlake, Snoop Lion and Pharrell for 2003's "Beautiful," a hit that reintroduced Wilson to a new generation of fans along with knock-out renditions of "Signs," "You Dropped A Bomb On Me" and "Girl You Knock Me Out," bringing the crowd to its feet. This year's show brought out nine Oscar-nominated actors, including winners, Jamie Foxx, Forest Whitaker and Stevie Wonder. Hollywood showed up for the BET Awards '13, including the cast members of the upcoming "The Best Man Holiday," Morris Chestnut, Nia Long, Sanaa Lathan, Terrence Howard, Regina Hall, Melissa De Sousa and Harold Perrineau. Forest Whitaker and Michael B. Jordan presented the award for Best Collaboration and spoke about their Sundance Film Festival winning, "Fruitvale Station." Kevin Hart, Taraji P. Henson, Meagan Goodand Gabrielle Union, stars of the highly anticipated "Think Like A Man 2" also hit the BET Awards '13 stage. The moving In Memoriam tributes during the live BET Awards '13 broadcast included Kris Kross' member Chris Kelly and blues singer Bobby "Blue" Bland. The King of R&B, R. Kelly, surprised fans with a choir singing his hits acapella along the aisles of the Nokia Theatre L.A. Live. He sang a medley of his songs including "I Wish," "When a Woman's Fed Up," "Ignition (remix)" and more. Q.U.E.E.N. of the night, Janelle Monáe closed the show with a hot performance of her hit single with sultry singer Erykah Badu for a black and white fantasy, accompanied by a snow-white poodle. In addition to all of these spectacular moments, the full list of BET AWARDS '13 winners are: Best Female R&B/Pop Artist Rihanna Best Male R&B/Pop Artist Miguel Best Group Macklemore & Ryan Lewis Best Collaboration A$AP Rocky f/ Drake, 2 Chainz and Kendrick Lamar -- Problems Best Male Hip Hop Artist Kendrick Lamar Best Female Hip Hop Artist Nicki Minaj Video of the Year Drake -- Started From The Bottom Video Director of the Year Benny Boom Best New Artist Kendrick Lamar Best Gospel Artist Mary Mary Best Actress Kerry Washington Best Actor Jamie Foxx YoungStars Award Gabrielle Douglas Best Movie Think Like A Man Subway Sportswoman of the Year Gabrielle Douglas Subway Sportsman of the Year LeBron James Coca-Cola Viewers Choice Award Drake -- Started From The Bottom Centric Award Tamar Braxton -- Love and War Best International Act: Africa Ice Prince (Nigeria) Best International Act: UK Emeli Sandé Blacktree is at all the hottest events on the planet (award shows, movie premieres and press junkets, fashion shows, etc.) and now BLACKTREE ON TV brings stars to YOU on Soul of the South! Watch Full episodes below, and tune in! WEEKDAYS | 5:30 – 6:00pm, 1-1:30am WEEKENDS | 5 – 6:00pm Sat & Sun (CST)
Views: 164588 blacktreetv
PSA to buy GM's Europe operations, grow market share by 16%
General Motors and French car maker PSA have Group announced that they are in talks that could result in PSA buying GM's European auto operations.The deal will include GM's Opel and Vauxhall brands. This could thrust PSA, owner of the Peugeot, Citroen and DS brands, into second place in the region, giving it a 16.3 percent share of the European passenger car market. However, the deal is already facing some opposition. Germany's industrial union fired a warning shot, saying that discussing the sale of GM's Opel without the union's involvement would be an unprecedented breach of all German and European co-determination rights. German Economy Minister, Brigitte Zypries added that it was totally unacceptable that talks took place without consulting the German work council or local government. Both companies are yet to respond or give details from their talks.
Views: 338 CGTN Africa