How to save the Auto Industry
That has drawn protest from autoworkers, including Michigan union activist Gregg Shotwell, whose Bait & Ammo newsletter Thursday noted the trust fund already is underfunded and would be weakened by the concessions:
"Now the government demands that 50 percent of the 50 percent underfunded trust be replaced with stock worth less than six rolls of toilet paper. . . . A real union solution would advocate for all workers not just an isolated gaggle in the gated community of the UAW elite. A real union would reject the VEBA demolition derby and pit all its energy into John Conyers' bill (HR 676) which would insure everyone equally, not just the privileged.''