FREMONT, Calif. (AP) — The United Auto Workers and Toyota have agreed on terms to shut down the Nummi plant that employs 4,600 workers.
It is California's sole remaining auto plant.
The terms weren't disclosed Monday but include a pay package when the plant is shut down April 1. The agreement is subject to a ratification vote by the plant's 4,600 workers. The UAW says a vote will probably take place later this week.
Messages left Monday with Toyota and the UAW were not immediately returned.
Toyota said earlier this month that it will spend $250 million assisting employees at the factory.
More Here..
The pace of the decline is accelerating, get your houses in order while you still have time. Food, Water, Gold, Silver, Guns and other prepared friends.
ReplyDeleteNo friends will listen. I am the nutcase that has been labeled a Negative Nan. I must be crazy to not believe the TV.
ReplyDeleteI"m a radical too because I went to a tea party, Whatever, makes me so upset, I'm stocking up on guns and ammo, shit will htf.
ReplyDeletesoon enough, it can happen over night.
cheri in Ca.
Noodles123-We're always the 2% till the impossible and improbable becomes the reality...People f*ck everything just keep prepping...Food, guns, ammo, meds and toiletries...Silver and gold if you can...But might be a while before it can be traded.
ReplyDeleteI think 2-5 years is more realistic than tommorow but when it crashes it will come fast.
Toyota battering getting a little tedious .This story has been in the making for some time.The closure is symptiomatic of the ailing economy and The Greedy mother F888er unions who just dont get it re where in a recession and its time to conceded.These Unions led by a self serving serving narrow minds are the problem along with reduced demand..NOt Toyota persay.These greedy overpaid semi skilled morons have enjoyed get wages for years completely out of synch with true market place labor rate realities.Well ladies and gentlemen welcome to the real world.Rather than enriching your lives your failure to come to grips with new economic realities your Unions are dong a marvelous job of giving it to you hard in the pooper.
ReplyDeleteThe days of wine and roses are over.Dont Im sure your overpriced labour skills will come in very useful and Target and Walmart.Rates will be lower but there is a stock option and youl find these great places to regail your comarads about the good ole days on the car assembly line at hugely over inflated wages and benefits.
America is where we are today thanks to gReedy labour unions who have suck the blood out of companies like Gm and Toyota.YOU cant blame these companies for outsourcing.
Times they are a changing..
Not to mention the out rageous salarys of the ceos and bank employees
ReplyDelete@12:27 I would agree, it's at the least a few years away, so for those that can still afford some fun stuff better do it while the $$ still gets you something. For those on the ropes just put back whatever you can until then, you will still be miles ahead of your ignorant neighbor. Personally we are doing okay and are going to enjoy some holidays and maybe a little boating while we still have the money, since I know it can't go on forever. Cash is still king for the next few years but it gives us all time to prepare.
ReplyDeleteAs soon as I found out the average assembly line worker earned more than 70 bucks a hour, I lost all compassion for them.
ReplyDeleteUnions are a problem. Any Union negotiating with a government entity is the problem. Government workers now earn 30%+ more than their private sector equivolent. Tell me Unions are not part of the problem. They want theirs and could careless about anything else. Look at the condition of our school systems. Teachers as a professon make more per hour than a surprising list of advanced degreed professionals. How can you blame the NEA's destruction of our education system on Globalism?
ReplyDelete@6.49 I think youve been smoking way too much of that marxist wacky tabacky.I have every respect for the economic principle of labour unions and collective bargaining.Its when those entities become inundated with corruption and self serving leaders that the trouble begins.You bet Unions have contributed to the demise of the American Economic Empire.
ReplyDeleteI worked as a sales rep for a very large Gm Dealearship in Canada.I sold a lot of cars and worked my ass of sometimes 65plus hours a week.Viewed from this prespective is frustrating to say the least that some uneducated ambitionless bear sweeling Archie Bunker type was making the same income and was accorded more company perks from Gm than myself.Wheres the rationality in that.How can a system function when the elite eschelon of the sales end of a corporation has wage parity with Joe Sixpack down at the plant.Seeing this overpaid greeding bums get a huge reality shake is something Ive looked forward to seeing for a long time.
ReplyDeletewe're all complicit in this. unions aren't the only ones over-eating on easy credit. the inflation, in the known world, is feeding anyone who wants to work.
ReplyDeleteIm a slef employed carpenter my worst customers were union workers always trying to cut my wages. I have nothing agaisnt people making big money but i think we are all intitilded to it
ReplyDeleteFor almost two years I’ve been trying to inspire the readers of this blog to think. SO, let’s think collectively here. Have anyone heard of a United Banking Workers Union? I have not. So, how come the industry, which by now probably exceeds the automotive industry in terms of employees, has no such a Union. The answer is very simple-the banksters do not need a Union to hold them hostage to the situation. Here is my view on the problem. Trade Unions for banksters is a way of controlling the means of production, in other words a tool that helps them concentrate productive capacity in one hands. It is a way to skim money from manufacturers. As you all remember banksters do not produce anything accept for fiat currency. They skim wealth off of people who produce something. Toyota is not an exception. They are trying to bring down the Japanese economy – one of the major US debt holders. Of course the Japanese are trying to play by the rules oblivious to the fact that not only the inventor of the rules doesn’t follow the rules himself, but the rules are being changed all the time. The objective is very simple, what you think peole?
ReplyDeleteReal life is about balance
ReplyDeleteNot greed
I never once heard a man on his deathbed say I wish I'd of swindled more people or spent another 20 hours a week at the office.
And yet; go back over the above comments and re-read them - it really is amazing - it's always about me, me, me - how can I obtain more than you
how can I screw you ( badly) .
Then go back over ( most) of the other subject matter here - it is a reoccuring thread that ties alot ( most) of the respondents together.
Believe it or not the late Ray Charles said it all when it comes to greed and money and power and "shit"
" I can only bed one woman at a time and only time in a day for 3 squares and a comfortable bed - what do i need all the other for anyway"
Stop whining and go get a job.
ReplyDelete