from the IAM communications department |
The IAM's Executive Council International President
General Secretary-Treasurer
GVP Western Territory
GVP Canada
GVP Midwest Territory
GVP IAM Headquarters
GVP Southern Territory
GVP Eastern Territory
GVP Transportation
|
Monday, April 9, 2001
Bush: Taking Care of Big Business
The U.S. Chamber of Commerce buys into that thinking, too. “Bush was never a mystery on the campaign trail, and he’s certainly not a mystery as he begins to implement his vision for this country,” said Bill Miller, the Chamber’s political director. “He was an unabashed, pro-business candidate.” Bush recently declared he would ignore new carbon dioxide emissions required under the 1997 global warming treaty. He also junked tough new standards for arsenic in drinking water and new energy efficiency standards for appliances. His Agriculture Department announced a decision to end salmonella testing for ground meat sold for school lunches, a move roundly applauded by the American Meat Institute, but the White House quickly backed away from that stance. “That one ranked right up there with the Reagan Administration’s view that ketchup is a vegetable,” said IP Tom Buffenbarger. Gingrich dismissed such criticisms, claiming such White House actions simply reflect political reality. “For the team that won to favor the people who elected it…strikes me as being pretty normal American politics.” Memorial Services Set for Mike Day
“Mike was a true trade unionist and a good friend,” said IP Tom Buffenbarger.“On behalf of the Executive Committee, I extend our most heartfelt condolences to his family.” Survivors include his widow, Joyce, four children and three grandchildren. A 37-year IAM member, Brother Day passed away March 28. Contributions in his memory may be made to Guide Dogs of America, 13445 Glenoaks Blvd., Sylmar, CA 91342. Kourpias Hammers High Cost of Prescription Drugs
“The Alliance believes the solution to the problem is a universal, voluntary, affordable and comprehensive prescription drug benefit that is part of the Medicare program so it is available to all Medicare beneficiaries as a defined benefit,” said Kourpias. “At the same time, the Alliance will work to protect the traditional fee-for-service Medicare program from being turned into a ‘voucher’ program.” The Alliance for Retired Americans is the nation’s fastest-growing organization of seniors and retirees. With the backing of more than 2 million retirees, Kourpias and the Alliance are calling on Congress and the Bush administration to recognize the needs of millions of senior Americans by enacting a real prescription drug benefit under Medicare. No Recession For Executive Compensation
The average paycheck for a chief executive at one of the top U.S. companies topped out at a record-breaking $10.8 million in pay and bonuses for the year 2000, a 16 percent increase over 1999. Stock options jumped 28 percent to $6.4 million and annual bonuses rose 20 percent to more than $2 million. Base salaries increased 4 percent, accounting for only 10 percent of executive’s total compensation. American companies have slashed nearly 400,000 jobs since
December and the layoff rate at new and old economy companies continues
at a rate of 100,000 cuts per month. By comparison, layoffs never exceeded
a monthly average of 56, 483 during the 1990’s. If the perverse relationship
between rising layoffs and rising executive compensation continues, 2001
promises to be a record-setting year for corporate pay.
Organizing Class Slated on Service Contract Act The Aerospace and Organizing Departments scheduled a specialized training class on organizing under the Service Contract Act (SCA). The act covers private sector workers employed by companies under contract with the federal government. The class covers both legal and practical aspects of the SCA and is open to full-time staff. Classes are scheduled for June 23-29 at the Winpisinger Education and Technology Center in Placid Harbor, MD. Enrollment forms may be obtained by calling the IAM Organizing Dept. 301 967-4752. They must be completed and returned by May 1. Legislative Conference Reminder
imail Archives Comments, suggestions, or story items for imail? Contact IAMAW via email or at 301-967-4520 |