Originally Posted by ShyGuy

Have read through the summary pdf file. I would still like to see the entire document and hit a roadshow as well, but I'm a yes.


I absolutely believe we have the best MEC and NC that we could possibly have. Correct me if I'm wrong but this passed them unanimously (100%). So say we vote this down. Then like United, we'll have to clean house. Who you gonna vote in? All these current guys stepped up to the plate, had the passion and the interest, and got us the best deal they could. I'm not convinced there's another team we'll elect that will be better for round 2 right now. Who would you even have in mind? I can't name a single person. I've done coffee sits and the family unity event. On the negotiating committee, CG seems to be a a straight shooter, no nonsense, smart, realist kinda guy. That's why I like him. Under his direction, I had no qualms about what he would present.

Next topic, TMV. Yes, like most here, I hate that phrase. But I think we also have to be honest and admit that this is one of those rare times when you can actually see the future in terms of economic direction. Jerome Powell and the Biden admin have made it CLEAR they will continue to raise interest rates and then hold them there to bring this economy down. Make no mistake, interest rates will continue rising, economic output will continue slowing, people will spend less, economy will contract, and everything will slow down. Not just the United States but globally. 2023 is toast in that sense. Maybe 2024 we see a recovery and inflation finally gets around to the usual level (Powell wants 2%, I think they're gonna settle for 3%).

Moral of the story, this is a good deal to lock in now to ride the storm out. In a situation like this, TMV does come into play when you know where the economy is headed for sure. By 2024 we'll already be starting new negotiations. I am simply NOT convinced that we have some great team right now sitting on standby that can step in to the MEC and Negotiating Committee and hold the company's feet to the fire and get them to a TA2 by March 2023. Nor is our mediator going to release us into cooling inside of the worst global recession we've seen in a long time with record 40 yr inflation highs. Lets be real, it just isn't going to happen.


Now of course there are things I don't like. It should have been minimum 13 days off on reserve year around (so you owe 17 days of reserve each month, regardless of month). I do not understand why we are doing a 11 month lookback for retro. That's a question I'd like to ask at a road show. But none of my hesitations add up to a no vote. Taking the package as a whole and considering where we are headed from a global economic perspective, I'm still a yes.

Now you can attack me and call me names, but I've simply articulated my view in a polite manner. You do you of course and vote what's best for you and your family.