Just another handout, you hear about GM, automotive it's like a broken record. GM Automotive, UAW must make concessions to thwart off filling bankruptcy, UAW members must accept new health care concessions, some time ago GM had approached the GM/UAW staff including Mr. Ron Gettelfinger and suggested that we have to open up our contract for re-negotiation we (GM) just can not continue with the current contract and will be forced to file bankruptcy unless we have concessions. Again GM presents documentation to the GM/UAW staff and states, "Here is where we stand" then the GM/UAW staff spend hundreds of thousands of dollars to individual Accounting firms to have the firms come back with, Well everything seems to be in order, all the supporting documentation having been reported as Profit/ Loss statements for fiscal years 04, 05, 06,07. Furthermore, when the UAW membership was led to believe that to stave of GM from filling BANKRUPTCY we the membership have to accept these concessions based on current information from GM statement of earnings. Hold up there partner and to all GM/UAW members, what did you say? After GM misled the UAW with there rendition of this is where we stand, and having received concessions on the Health Care Issue from the UAW membership based upon supporting documentation, Profit/Loss statements for the Fiscal years so documented at the time. GM after having the UAW give into their DEMANDS (1) Ask the SEC to restate their earnings back to FY 02, next best question is "Given the SEC grants GM to restate their earnings, How does that change the supporting documentation given to the UAW and its membership at the time prior to the request by GM to the SEC? (2) All of the media covering the "GM Has filed BANKRUPTCY " story have left out a few details of its parent subsidiaries, EDS, Hughes Electronics, AKA "Direct TV" , GMAC, Saturn, Fidelity Investments, Delphi, and then some. Wake up America do the research, it's your money too, someone better start raising their hand and ask the questions, if we can not get our governmental leadership, our Unions leadership then by God it's up to the membership, least "We the people", "We the Membership".
GM zooms out of bankruptcy
Just another handout, you hear about GM, automotive it's like a broken record. GM Automotive, UAW must make concessions to thwart off filling bankruptcy, UAW members must accept new health care concessions, some time ago GM had approached the GM/UAW staff including Mr. Ron Gettelfinger and suggested that we have to open up our contract for re-negotiation we (GM) just can not continue with the current contract and will be forced to file bankruptcy unless we have concessions. Again GM presents documentation to the GM/UAW staff and states, "Here is where we stand" then the GM/UAW staff spend hundreds of thousands of dollars to individual Accounting firms to have the firms come back with, Well everything seems to be in order, all the supporting documentation having been reported as Profit/ Loss statements for fiscal years 04, 05, 06,07. Furthermore, when the UAW membership was led to believe that to stave of GM from filling BANKRUPTCY we the membership have to accept these concessions based on current information from GM statement of earnings. Hold up there partner and to all GM/UAW members, what did you say? After GM misled the UAW with there rendition of this is where we stand, and having received concessions on the Health Care Issue from the UAW membership based upon supporting documentation, Profit/Loss statements for the Fiscal years so documented at the time. GM after having the UAW give into their DEMANDS (1) Ask the SEC to restate their earnings back to FY 02, next best question is "Given the SEC grants GM to restate their earnings, How does that change the supporting documentation given to the UAW and its membership at the time prior to the request by GM to the SEC? (2) All of the media covering the "GM Has filed BANKRUPTCY " story have left out a few details of its parent subsidiaries, EDS, Hughes Electronics, AKA "Direct TV" , GMAC, Saturn, Fidelity Investments, Delphi, and then some. Wake up America do the research, it's your money too, someone better start raising their hand and ask the questions, if we can not get our governmental leadership, our Unions leadership then by God it's up to the membership, least "We the people", "We the Membership".
July 11, 2009 at 7:27 p.m. permalink suggest removal