Delphi not only halts production, breaks its union contract and lays-off workers, but it also bails on its underfunded pension liabilities. Awash in money GM seperated out Delphi for exactly those liablities. Now they come back to bite both companies in the ass. And they come back and hits workers twice as hard, first as workers losing their pension benefits and then as taxpayers asked to pay for the company outsanding debt on those benefits.
Pensions will also be replaced with defined-contribution plans for hourly employees who are more than seven years from retirement and not covered by the GM benefit guarantee and salaried workers. The company said it will also need to obtain relief from the U.S. Pension Benefit Guaranty Corp., Internal Revenue Service, and Department of Labor in order to amortize funding contributions over a longer period than may have previously occurred. Congressional action may also be necessary, Delphi said.
Supporters of Premier Ralph Klein are planning an orchestrated show of caucus support before Friday's crucial leadership review vote.
Caucus whip Denis Ducharme sent copies of a letter to the 61 government MLAs calling on caucus members to join the premier on the stage in a show of solidarity and support for the premier.
Ducharme's letter leaves little doubt that all MLAs are expected to show their loyalty to Klein.
Ducharme told Tory MLAs that Klein's speech, being touted by some as the most important in his 25-year political career, "will outline how he plans to work with our caucus during the remainder of his term.
"I would like to ask, as a demonstration of our support for the premier, and as a show of party unity, that our entire caucus move up onto the stage to stand briefly with our leader immediately following his speech," the letter says. "A cue from the stage will signal that we should move from our seats and file up via the closest stairs to join Premier and Mrs. Klein."
And I thought of the big mass rally that this weekend is to be for our Great Leader and thought of this.
Dont know why for the life of me.
After all I cannont conceive of what Alberta has in common with these other democratically elected one party states.
Just a thought. Since Daveberta gets all verklempt about this kind of comparison.
Hello, wakey, wakey, we live in a One Party State. We have a Great Leader who wants mass public support. Hmm could it be a metaphor? Meta For what? The Marxist in me wants to say.
Of course Daveberta being the politcal straight edge guy he is, will not find this funny either. Since he thought so little of the comparison of our Dear Leader with This Guy.
As for the headline here's the link, and correct spelling, Eine Kleine Nachtmusik
by a more enlightened German,Wolfgang Amadé Mozart, than our King Ralph.
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