No, I'm saying we have leverage for the company to move from their position.
P. Rez
Interesting. I just don't see it at all Prez.
I think I'm including all the leverages below:
1. Competitive Leverage: No dice. Offered 13% above United. All leverage to the company.
2. Self Help: Forget about it. Not happening unless the union wants their funds depleted.
3. Economic Leverage: Not happening. All economist believe the economy is already optimized, but with downward trends.
4. Merger Leverage: Cross Utilization gave most of this up.
5. Contract leverage: LUS has health care leverage but it's offset by the TWU bankrupt contract. The company compensated for this (In a greedy way)
And everyone knows that the evidence of no leverage is that the Association can't allow a vote because the membership would vote in both contracts overwhelmingly. Logically, if there was any leverage, a vote would have happened.
The company offer considered all of the above and gave an offer worth $120 million a year cost positive.
Downward pressures/risk exist for the union in any delay model since a downward economy will necessarily mean less on the table.
Only possible exits:
1. Allow a vote- it will pass
2. Delay for a few years and see what happens.
3. Delay for many years then agree to arbitration (Sito F'd up in DL19 and agreed to arbitration). The arbitrator has to decide between the company offer and the union position. Can't pick and choose items.
4. Allow a vote with less on the table
And the longer this goes, the more we lose each week and the greater the support for AMP for MX.
