I havent seen any where in this thread where any one thinks the cs pension is a good deal! But just because ups is considering buying out doesnt mean that ups's proposal will be better, just have to wait and see. If ups is willing to spend between $4 billion and $12 billion to do it you have to ask why? Whats the reason behind it!
Hi RED,
Again, apples and oranges! It is a whole different situation in the CS area than it is up there. We have tried for years to get the teamsters to tow the line. We have tried everything, staying on there A**, at meetings, in person, We have tried voting the powers that be out, we have begged, we have pleaded. We have ask for resignations. You would be very hard pressed to come up with something that we have not tried, and here we are in a hole that is getting deeper by the day. Can you understand? We are at the end of the road here. It is either cut bait, or be eaten alive.
We have nothing against you guys up there, but the things that have worked for you, have failed miserably down here, And we deserve to have it just as good as you have it. We have exhausted all avenues with the teamsters. We have unreconcilable differences with the teamsters and unfortunatly it is time for a divorce.
The teamsters have shown no interest in correcting the CS problems, there answer is "OH WELL", it is happening everywhere! Which is just a cop out and another lie. It is not happening to companies as profitable as UPS!
As far as the buy out, no one ever said that it is a shoe in to be a better deal with the new plan (UPS). But, we don't have anything to loose at this point, it has already been taken from us, and nothing from nothing leaves nothing.