Actually, they don't need to wait until a few more losing quarters.
It was published in my local newspaper that there are 15 GM plants
in the US that can be shut (and probably will be) down in the next
couple of years. The workers at those plants are against the pact
and said the UAW sold them out. This would impact about 40,000
hourly workers here in the US. GM has 58 factories inthe US, so
25% will eventually be shutdown over the next couple of years with
the UAW's blessing (after hailing it won "job security" from GM).

A quote in the newspaper, citing Gregg Shotwell, a GM worker and
frequent UAW critic -- "The average GM worker understands that
GM has never lived up to its job security guarnatees." He also
predicted that "GM will pit the 15 plants against each other to
extract further concessions later."

In the meantime, Harry Reid and Nancy Pelosi were praising the
new pact that the 74,000 hourly UAW members have yet to vote on.


--- In ibmunion@yahoogroups.com, dave_lovelace <no_reply@...> wrote:
>
> I wanted to respond to this comment because I think its important to
> point out some interesting things-
> The comment was, 'I know GM has just signed
> a contract guaranteeing they won't leave, but a few more losing
> quarters and then a declaration of bankruptcy and they will
> be gone.'
>