Originally Posted by
Klondike Bear
So you are pushing hard for a vote. Are you saying that a TA that gets voted down 65% is better than not getting to vote and continue to negotiate? Say we do get another substandard TA and we vote it down what is your path forward from that?
What I see if that happens is recalls, new NC and another year of infighting.
Right now, there is no real plan. These guys are frozen solid. They may or may not let the NC reach a TA. If they try to go back on their own AIP's, we're probably done for a long time, and there is no way to get released to strike from a point where you're way above the industry in your asks, and not negotiating.
On the other hand, a 65% no lets you go back in, specify what needs to be changed, and get a deal. That's a serious, serious hammer. The vote results give you a place to start from. I can't see how a leader fears a vote, if they're confident that they have the true pulse of the group.
I think these guys are scared because they have the pulse of the group, but refuse to accept the readings. They also have a very tight read on the supporters that keep them elected, and they're not in agreement. There is a conflict of interest at play.
I had two of the 12 tell me directly that for the most part, the group is where it always is, since the AIP's:
the middle of the bell-curve asks questions, and waits for a vote (that's your majority, right there), one small-end of the curve wants to take the company's offer yesterday, and the other small-end has already decided to vote no, so they don't want a vote.