Monday, March 22, 2010

State of the Union: March 22, 2010

March 22, 2010

•    Thanks to everyone who called their representatives urging them to pass health care legislation. President Obama will now sign a bill that will extend coverage to another 32 million Americans and cut $118 billion from the deficit the next ten years.
•    The members of UAW Local 2244 ratified the closing agreement with NUMMI with 90% approval. "We are grateful to the members for the solidarity they've shown throughout this process," said UAW Region 5 Director Jim Wells. "We also want to thank our brothers and sisters in the labor movement, community leaders and consumers across the country for the support they've given the NUMMI workers."
•    In case you weren’t aware, we have three Fridays scheduled for April, the 9th, 16th and 30th, as well as10.8 off the K-line every day.
•    The Arlington SUV plant, with two shifts, is working max overtime plus. In addition to working 5-10 hour days every week through April, they will also work two 10-hour Saturdays in March and April. Enrique "J.R." Flores, president of United Auto Workers Local 276, said “We have been told we can expect overtime for the foreseeable future. Since mid-September, when we went on the four-day workweek, we have only worked a four-day week once."
•    Speaking of overtime, the Fairfax plant (Malibu, LaCrosse) has 24 Saturdays scheduled between now and the end of the year.
•    Toyota shareholders are lining up to sue the automaker, in this case over the lost value of their shares due to the sudden acceleration recalls. This seems pretty frivolous, but there is precedent – Enron and Worldcom had to cough up $7 billion and $6 billion respectively to shareholders after it was determined they had committed corporate fraud in misleading investors.

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