Too much cake being spent on health care and pensions.
First, rising health care and pension costs are draining funds from Detroit?s coffers and choking off R&D funding. Last year GM spent over $5.2 billion on medical benefits for over 1.1 million workers and retirees. That works out to over $1,400 per vehicle! There is more health care than steel in the cost of each GM vehicle sold. On top of that, GM made over $6.5 billion in pension contributions last year, and the firm supports three retirees for every current worker it employs.
Any of y’all mommas or daddies just retired?
Ya’ll hear the yakin’ about pension’s That shit is type real!
Any free lancers out there, w/ no health care, when then you know
how expensive it can be when you gotta come outta pocket to pay for
health care.
The NFL is about to be put on notice.
Two major events happened last year.
[1] In January, a neuropathologist claimed that repeated concussions likely contributed to the November suicide of the former Philadelphia Eagles player Andre Waters.
[2] Three weeks later, the former New England Patriots linebacker Ted Johnson not only revealed that his significant depression and cognitive decline had been linked by a neurologist to on-field concussions, but also claimed that his most damaging concussion had been sustained after his coach, Bill Belichick, coerced him into practicing against the advice of team doctors.
[3] Today I learned that the congress is holding hearings re the ex-players.
WASHINGTON (AP) — Congress will hear testimony June 26 from retired NFL players who contend the pension plan of the league and union is insufficient, especially for disabled ex-players.
”The NFL is a billion-dollar industry, and yet the players who built the league are too often left to fend for themselves,” Rep. Linda Sanchez, D-Calif., chairwoman of the House Judiciary Subcommittee on Commercial and administrative law, said in a statement announcing the hearings.
The hearings are the latest development in a yearlong dispute between a group of retired players and Gene Upshaw, executive director of the NFL Players Association.
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A. I like Ball.
B. Health and Pensions issues affect all of us.
C. What happens in teh NFL tends to be reflected in our lives.
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Lawyers, Guns and Cash.
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