Haven't Heard About the Extra 4% in Equity to be Held Aside?

[WeAAsles]

Speaking of change, how do you feel about the TWU now having taken 14% of your equity?

No problem whatsoever knowing full well why it's being held and my firm belief that it will be in my hands in a few months when the suits are all thrown out of court.

 

[WeAAsles]

I never mentioned AMFA to your reply. You just did. I see your on the defensive of losing your cash cow cushy TWU job. BTW: AMFA never campaigned at USAir when the Teamsters lost that election. AMFA is a threat to all TWU officers and Appointed goons.
Where do you fall in that category? I guess the APA and APFA are a Mom and Pop union as well by your definition. Way to go insulting the other unions on the property.

You have a banner at the end of your quote that says to sign an AMFA card. Two and two equals four. Oh did I insult AMFA? I could have been a lot worse you know. Dumb, silly, junk, weak, career killing all come to mind. Nope not an ounce of respect for them. I'd rather be non union than be a part of that lot for what they've done to people with there weak representation.

And I hold absolutely no position in the TWU besides member. Not even a Steward. I just consider AMFA an irritant distraction. Sorry if I hurt your feelings though.

 

[WeAAsles]

Anyone ever play the game "Angry Birds"?

 

[exs]

How did this thread turn into another TWU is better than AMFA?
 
Get back on topic, there are plenty of other threads on that topic.
 
But I will ask you this, Did the TWU ask the membership if they can use OUR equity to resolve their lawsuits?

 

[Deleted member 14439]

How did this thread turn into another TWU is better than AMFA?
 
Get back on topic, there are plenty of other threads on that topic.
 
But I will ask you this, Did the TWU ask the membership if they can use OUR equity to resolve their lawsuits?

Of course not! They are using OUR money to cover their six!! They are nothing more than a bunch of thieves!!!

 

[1AA]

You have a banner at the end of your quote that says to sign an AMFA card. Two and two equals four. Oh did I insult AMFA? I could have been a lot worse you know. Dumb, silly, junk, weak, career killing all come to mind. Nope not an ounce of respect for them. I'd rather be non union than be a part of that lot for what they've done to people with there weak representation.

And I hold absolutely no position in the TWU besides member. Not even a Steward. I just consider AMFA an irritant distraction. Sorry if I hurt your feelings though.

Again I have to spell it out to you again. Where did I mention AMFA in MY reply to YOUR post? What is in my banner is irrelevant. YOU made this an AMFA vs TWU, My reply was we need to get rid of this union because of its failed internal structure in which it no longer represents the members in our best interest.

 

[1AA]

How did this thread turn into another TWU is better than AMFA?
 
Get back on topic, there are plenty of other threads on that topic.
 
But I will ask you this, Did the TWU ask the membership if they can use OUR equity to resolve their lawsuits?

No not me, no one asked me or informed me of the 14%. All the information was the first 5% then another 5% after the lawsuit was filed. I learned about the additional 4% here on this forum. After it got out and as they say went viral the TWU comes out with a letter of explanation. I wonder when the TWU was going to let its members know about the 14%. Kind of makes you think if they have more to take from us over this lawsuit that we do not know about. 20% maybe? BTW: 14% of what? Is there a formula yet that we can figure out how much 14% is?

 

[WeAAsles]

How did this thread turn into another TWU is better than AMFA?
 
Get back on topic, there are plenty of other threads on that topic.
 
But I will ask you this, Did the TWU ask the membership if they can use OUR equity to resolve their lawsuits?

I know that many of you hate to hear this but you are the TWU. And if the retirees prevail against the distribution then it was determined by the courts that it was there money, not ours. The lawyer fees and administrative costs are separate from your dues and absolutely should come from the distribution. The distribution is singular to AA. Why should a bus or train operator have to pay for a suit brought against YOU and I? Ultimately that's who the EBO people are suing. The MEMBERSHIP they used to work side by side with.

The truth is never popular but it is what it is. So hit those red buttons you angry birds.

 

[AANOTOK]

 A Reserve equal to 5% of the distribution will be created to address:
 
*Payroll inaccuracies
*Incorrect payouts
*Eligibility appeals
*Administrative expenses in handling claims
*Litigation costs
 
Remainder of reserve will be distributed to all Eligible Members after all claims and appeals are resolved and after reasonable certainty that there will be no additional claims.
 
This all seems pretty cut and dry to me. So someone from the TWU (or those who speak for them) please explain to me why the extra 9% percent was added. Which one of you will state that the TWU and their financial experts dropped the ball and miscalculated. So, instead of either one of those entities being held accountable, the easy thing to do is let the members hard earned money foot the bill.
 
And WeAAsles, we may be the TWU, but we don't run the show or call the shots. I had no say in this whole fiasco!!

 

[WeAAsles]

 A Reserve equal to 5% of the distribution will be created to address:
 
*Payroll inaccuracies
*Incorrect payouts
*Eligibility appeals
*Administrative expenses in handling claims
*Litigation costs
 
Remainder of reserve will be distributed to all Eligible Members after all claims and appeals are resolved and after reasonable certainty that there will be no additional claims.
 
This all seems pretty cut and dry to me. So someone from the TWU (or those who speak for them) please explain to me why the extra 9% percent was added. Which one of you will state that the TWU and their financial experts dropped the ball and miscalculated. So, instead of either one of those entities being held accountable, the easy thing to do is let the members hard earned money foot the bill.
 
And WeAAsles, we may be the TWU, but we don't run the show or call the shots. I had no say in this whole fiasco!!

No one miscalculated. 3 lawsuits against us were filed in regards to staking a claim on the equity. The judge ultimately determined that there was not enough held in reserve to satisfy the claims if the suits were won in full. If the TWU had not told the company to hold those reserves an injunction would have been filed HALTING all further distributions until the issues were settled.

Anyone can come up with a conspiracy theory but the TWU is certainly not the Illuminati.

 

[WeAAsles]

Oh and if those suits had never been initiated there would have been no need to hold any more than the original 5% for discrepancies.

Seems like there is quite a bit of misdirected anger as usual on these AA forum boards. I guess you guys don't care that your own brothers and sisters are the ones that are suing us and trying to take money out of our pockets.

Do tell?

 

[AANOTOK]

Umm, if the 5% was not enough to cover the above mentioned agreement then yes, something somewhere was miscalculated.
 
Conspiracy theory? You and NYer sound a lot alike...
 
I guess the members that are suing are just more disgruntled members former members. A coincidence?

 

[AANOTOK]

Like I told you in the other thread WeAAsles, the difference between you and I is I will criticize the TWU when I feel it's warranted, and praise them when it is required as well. Done it for years.
You on the other hand have such thick "Rose Colored Glasses" that the TWU can do no wrong. They are your "my son is the best pitcher on the team and should hit leadoff". Your that mother who thinks Johnny should be in advanced classes with a "C" average. Take the blinders off WeAAsles, it's amazing how much the vision expands when you allow it to!!

 

[WeAAsles]

Umm, if the 5% was not enough to cover the above mentioned agreement then yes, something somewhere was miscalculated.
 
Conspiracy theory? You and NYer sound a lot alike...
 
I guess the members that are suing are just more disgruntled members former members. A coincidence?

I just explained that 3 (Three) lawsuits were initiated.

And are those "former" members disgruntled? No. They are just people who 1 listen to rumor and hearsay rather than reading and understanding, 2 smell a couple of extra bucks and don't care where or who it comes from and 3 were easily duped into believing some oily lawyers who've sold them on the idea that they have a case and will enjoy the fees coming from THEIR pocket once the decision is made.

I even had one of those guys tell me what the lawyer told them. That alone would have sent up red flags in my mind.

 

[WeAAsles]

Like I told you in the other thread WeAAsles, the difference between you and I is I will criticize the TWU when I feel it's warranted, and praise them when it is required as well. Done it for years.
You on the other hand have such thick "Rose Colored Glasses" that the TWU can do no wrong. They are your "my son is the best pitcher on the team and should hit leadoff". Your that mother who thinks Johnny should be in advanced classes with a "C" average. Take the blinders off WeAAsles, it's amazing how much the vision expands when you allow it to!!

You seem to have my biography already written. I can promise you that you have either read or wrote the wrong book my friend. Appearances can be very deceiving sometimes.