Iue-CWA Tentative Agreement !

[Jack]

Now that the IUE-CWA have a Tentative Agreement which needs the Bankruptcy Court Approval does that mean their out of the woods?

I Fear Not!

Like the Delphi UAW Members the Pensions are now in the control of the PBGC.

So what's this mean You ask? Well only a portion of these Pensions are coverd by the PBGC the Supplements are Full of Promises from General ( Obama ) Motors!

Now and as in the Past Delphi and G.M. have made many PROMISES.

The Promise of a Corporate Funded Pension.

The Promise of Retiree Healthcare.

The Promise of a Worry Free Retirement.

So what has happened to All these Promises of the Past?

They Reneged on them All.

So now they have made even more Promises.

Do You really think for a moment that They will Honor these Latest Promises?

ARE YOU WILLING TO LIVE THE REST OF YOUR RETIREMENT LIFE BASED ON PROMISE'S?

I KNOW I DO NOT.

Is Our Work of Securing Our Future over. NO! No! No!

Like in the Past They Can and May Renege Again !

We Still NEED to RALLY in D.C. to get the Government to Institute Legislation that Will Turn these PROMISES into Hardcore FACTS and hold G.M. and Delphi's Feet to the Fire.

No More Broken Promises.

No more Bankruptcy Court Backdoor Escapes!


As Long As General Motor's and Delphi are Allowed to Make Promises Our Pensions and Healthcare will NOT BE SECURE!

We Cannot Put Our Shields Down Until We Get The Legislation Put In Place!

In Solidarity,

Jack Kiedel