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Isn't the United Auto Workers supposed to stand up for
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the rights of the employees and
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shouldn't they be looking at the pension fund and
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demanding that Studebaker fund it adequately?
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Well, they were not--they were asleep at the switch.
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Some people accuse the UAW of complicity with Studebaker--
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that basically the UAW was
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not paying attention to the distant future
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because they didn't think that their members really cared.
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UAW wanted, when they had negotiations with Studebaker,
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they wanted big pay increases now;
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they didn't care about funding the pension fund.