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General Motors “Job Bank”
By The Pundit | December 1, 2008
Today I was watching Neil Cavuto on Fox News interviewing a past employee of GM and what I heard was just unbelievable!!
The topic was the Big 3 automakers “Job Bank” program, where laid-off employees are paid $31 per hour to lay around and do nothing. Actually they have 3 choices of what to do to earn their $31 an hour, they can go to school (also paid for) or they can do community service work or go to the mall and sit for 8 hours.
The interview on Cavuto was with a man who was in the “Job Bank” for 8 years. For the first 5 years he went to college and obtained a Bachelors Degree in Construction Engineering (GREAT CHOICE!) and for the last 3 years he sat at a mall, all the while earning $65,000 per year plus health care benefits. After the 8th year he decided to retire from GM.
The “Job Bank” program first began in 1984 and is currently costing the automakers $800 million dollars per year. There are currently more workers in the “Job Bank” program than there are retirees from the automakers.
The workers who are laid-off should have to go through the same process as every other laid-off worker in the US, apply for unemployment and look for a job!
It should also be noted that in the bailout proposal that the automakers have submitted to Congress, there are to be no concessions from the UAW and the “Job Bank” program will continue.
WE NEED TO CALL OR WRITE OUR CONGRESSMEN!
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