By Joseph White (Reuters) - He's known to quote the Bible and Nation of Islam civil rights leader Malcolm X. He's a social media fanatic who keeps the ...
By Joseph White - He's known to quote the Bible and Nation of Islam civil rights leader Malcolm X. He's a social media fanatic who keeps the pay stubs of his union member grandfather in hisBy Joseph White
The strike started as the clock hit midnight on Friday, and followed Fain's decision to open negotiations with Ford Motor, General Motors and Stellantis simultaneously and eschew public niceties involving choreographed handshakes that famously kicked off previous negotiating efforts. He has rebutted automakers' concerns about labor costs by pointing out that they have poured billions into share buybacks to benefit investors."If they’ve got money for Wall Street they sure as hell have money for the workers making the product," he said. “We fight for the good of the entire working class and the poor."
Over and over, Fain has told UAW members at the Detroit Three that they can reverse 20 years of wage and retiree benefit concessions, stop further plant closures and end a seniority-based, tiered compensation system that pays new hires as much as 44% less than veteran workers. Referring to Biblical scripture, Fain asked union members:"Are you willing to have faith and move that mountain? Nobody’s coming to save us."
The union has since beefed up its strike fund to $825 million, but the automakers have much more in cash and weeks of inventory they can run down.
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