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Aug 20, 2002
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December 4, 2002
Machinists Condemn Denial of Loan Guarantee to United Airlines
Washington, D.C., December 4, 2002 –“The ATSB has miserably failed its mandate of assisting distressed airlines,â€￾ said Tom Buffenbarger, International President of the International Association of Machinists and Aerospace Workers (IAM) on the rejection of United Airlines’ application for a federal loan guarantee by the Air Transportation Stabilization Board (ATSB).
“Congress created the ATSB to assist an airline industry thrown into a financial tailspin by the 9-11 attacks,â€￾ said Robert Roach, Jr., IAM General Vice President for Transportation. “IAM members were prepared to, once again, take extraordinary measures to protect their jobs and the family’s future. But the ATSB has exceeded its statutory directive and is playing with the livelihoods of the working men and women at United Airlines.â€￾
IAM District 141-M, representing United’s Mechanic & Related employees, had scheduled a vote on participation in United’s recovery program for December 5, 2002. The terms being voted, as well as those previously ratified by IAM District 141 and all other labor groups, was contingent on the ATSB’s approval of United’s loan guarantee application.
“Tomorrow’s ratification was set to be a vote on United’s future,â€￾ said Buffenbarger. “We were ready to partner with United, the Union Coalition and the government to return United Airlines into the nations premier carrier. Unfortunately, the United States government walked out on that partnership. I am greatly disappointed in the President, the ATSB and all those who have turned their backs on United Airlines and its greatest asset - their employees.â€￾
“As a result of the ATSB’s irresponsible actions,â€￾ said Buffenbarger, “a vote on the current recovery package would be pointless, and has been canceled.â€￾
 
Washington, D.C., December 4, 2002 –“The IAM has miserably failed its mandate of assisting a distressed airline,â€￾ said Alan Greenspan, Chairman of the Federal Reserve Board, on the rejection of concessions from its mechanics union needed by United Airlines.[BR][BR](If only the Federal Reserve would issue its own press releases)
 
Washington, D.C., December 4, 2002 –“The IAM has miserably failed its mandate of assisting a distressed airline,â€￾ said Alan Greenspan, Chairman of the Federal Reserve Board, on the rejection of concessions from its mechanics union needed by United Airlines.[BR][BR](If only the Federal Reserve would issue its own press releases)
 
Whats ironic is that the IAM had a cover story in their magazine "IAM Journal" Winter 2001 headlined "Dream Stealer" with a full page picture of Greenspans head. The story was highly critical of Greenspans anti-worker positions and the fact that this un-elected body that he chairs has control over the economy, that should be in the hands of people that have accountability to the electorate. Now less than two years later, despite all their warnings about this man and his motives they ask their members to stand before this usurper of democracy on bended knee.
 
Whats ironic is that the IAM had a cover story in their magazine "IAM Journal" Winter 2001 headlined "Dream Stealer" with a full page picture of Greenspans head. The story was highly critical of Greenspans anti-worker positions and the fact that this un-elected body that he chairs has control over the economy, that should be in the hands of people that have accountability to the electorate. Now less than two years later, despite all their warnings about this man and his motives they ask their members to stand before this usurper of democracy on bended knee.
 
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On 12/5/2002 6:58:27 AM Bob Owens wrote:

Whats ironic is that the IAM had a cover story in their magazine "IAM Journal" Winter 2001 headlined "Dream Stealer" with a full page picture of Greenspans head. The story was highly critical of Greenspans anti-worker positions and the fact that this un-elected body that he chairs has control over the economy, that should be in the hands of people that have accountability to the electorate. Now less than two years later, despite all their warnings about this man and his motives they ask their members to stand before this usurper of democracy on bended knee.
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[/blockquote]

Yes, Greenspan is the epitome of all evil, the unelected foe of the common working man!

You're a hoot, Bob.
 
[blockquote]
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On 12/5/2002 6:58:27 AM Bob Owens wrote:

Whats ironic is that the IAM had a cover story in their magazine "IAM Journal" Winter 2001 headlined "Dream Stealer" with a full page picture of Greenspans head. The story was highly critical of Greenspans anti-worker positions and the fact that this un-elected body that he chairs has control over the economy, that should be in the hands of people that have accountability to the electorate. Now less than two years later, despite all their warnings about this man and his motives they ask their members to stand before this usurper of democracy on bended knee.
----------------
[/blockquote]

Yes, Greenspan is the epitome of all evil, the unelected foe of the common working man!

You're a hoot, Bob.