jurassic bargain

 the  mighty machinists 
got a 
typical 
 child of  walt 
    tail finned
        "sure i love ya
                bobo"
                    contract
  out of the gents from boing boing 
  yup more of the usual:


 heavy on pronmises
    of  a false tomorrow

              and 
           lite on cash today 

======================

 remember the lead last week ...

"Boeing machinists voted
 overwhelmingly Thursday 
to accept a contract 
that boosts pensions 
and preserve medical benefits
 ending a costly month long strike
 for the Chicago-based aerospace firm"

"Eighty percent 
of the voting members 
of the International Assn.
 of Machinists and Aerospace Workers 
approved the contract"

"The union
 represents 18,400 Boeing workers 
in Washington, Oregon and Kansas"








" Harley Shaiken
 a labor expert at UC Berkeley
 predicted that the Boeing contract
 would embolden union leaders 
demoralized by declining membership
 and setbacks in other industries"
 

"In a sea of defeats, 
this is a labor victory,"
"It shows that a strong union 
can still deliver." 

"The contract approved Thursday
 contained no wage increases"

" although workers would receive 
an 8% signing bonus 
averaging $5,200
 plus $3,000 payments 
in the second 
and third years 
of the contract"


"union members resisted 
paying higher premiums
, and the final contract 
did not include any changes 
to the company's current plan" 

 

on retirement benefits
 the company agreeing 
to increase pension payouts 
for union members 
by nearly 17% 
to $70 a month 
for every year served
 up from $60.

" And the company pledged
 to continue paying medical benefits 
for current and future retirees" 

"The machinists also succeeded 
in preventing some union jobs 
from being lost to outsourcing"

" Boeing said that vendors 
would not be allowed 
to install parts 
or components on airplanes 
and that suppliers 
couldn't move parts
 within the factory
 a move that threatened 
the jobs of union forklift drivers"






"Because Boeing was unable to achieve 
some cost reductions
 the company is likely 
to increase its outsourcing"


"Even if this isn't as costly
 as Boeing would have us believe
 it's still more expensive
 and they're going to look for ways 
to cut production costs"