Stellantis, the country that build jeep, ram, dodge, and chrysler brands. The uaw president sean vein saying just a little while ago that if there is no deal by midnight that means that three plants are going to go on strike. Tonight we call on three units to stand up and go on strike at midnight if we do not reach a tentative agreement in the next two hours. We are calling on gm, a assembly, local 20 to 50 in region for to stand up and strike. We are calling on stellantis, Toledo Assembly complex, local 12 in a region to be to stand up and strike. And we are calling on forward, Michigan Assembly plant final assembly and paint only, local 900 in region one a to stand up and strike. These three units are being called to stand up and walk out on strike at midnight tonight. Thats 15 seven minutes away, everyone. Weve got much more to come as that midnight deadline is quickly approaching us. Plus, for the first time in American History the Department Of Justice has now filed charges against the son of a sitting president , an adult child i will note, of course, about hunter biden is accused of lying when he bought a gun. Why . Because they say that he falsely swore that he was not addicted to illegal drugs, even though he was struggling with a Crack Cocaine Addiction at the time. Now, there is the threat of a trial his fathers Reelection Campaign and we have news on another trial that could up and, well, another president ial campaign. If Fulton County georgia judge has rejected the a fani williss plan to try donald trump and hold his codefendants together on october 23rd. That is like a month away, everyone. Now, there is no trial date set as we are sitting here today for the former president , but it is likely that trump wont actually face a trial, we are thinking maybe next year, which of course that brings us right into the heat of the race for the white house. But, i want to begin with a looming autoworkers strike. This deadline is now less than an hour away. Cnns is in detroit as we speak at the uaw headquarters, what is happening . Were outside uaw headquarters here in detroit and just moments ago you a w president sean feign made the announcement about which three plants the uaw will be targeting in the first wave of their strike. Those three plants are a Scientist Plant in toledo, ohio, a ford plant in wayne, michigan, and a gm plant in missouri. That will represent about 12,700 members will be walking out at midnight if the uaw cannot tom to an agreement with the Big Three Automakers in the next hour. Here is that announcement from sean vein. We have been clear, midnight on the evening of September 14th is a deadline. Uaw family, that deadline is nearly here. Tonight, for the first time in our history, we will strike all three of the big three at once. And we are hearing from fort right away that they received a Counter Proposal at eight pm this evening from the uaw after waiting days for that counter. Forward saying that the uaw only came down slightly in their wage demands, fort of course offered 20 in wage increases over four years, we know the union from the getgo has been asking for 40 in wage increases over four years and ford is saying that uaw made it clear that if they did not agree to the unions Counter Proposal this evening they would head on strike. We are expecting shawn fain, uaw president to be in wayne michigan at that Ford Facility at midnight if this agreement does not come together in the next hour. Laura . Vanessa yurkevich, think you so much. I want to bring in a man who knows a lot about what is going on in these Negotiating Rooms. He is that former uaw president , bob king and joins us now. Bob, thank you for being here. You heard sean sane said that they are going to strike all of the big three, all at once. This is historic, it could be extraordinarily significant as you well know, this is a very big deal. Take me inside the Negotiating Room because you certainly have been there before. What is happening tonight . Well, hopefully the parties are working hard to find an agreement that would be good enough to be ratified by the membership. It is frustrating because, in my view, the Country Companies have made a lot of brinkmanship bargaining, rather than good faith bargaining. They delayed, delight, delayed before giving their proposals to the uaw. There are minimalist proposals to begin with and they would never, ever get ratified by the membership. People have to realize that these are member demands. These are shawns demand, these visit every plant, talking to members, been on facebook live, he is representing the frustration of the membership and i hope that the companies are listening them and give him a better offer than what they have so far. The point you raised is not lost on me. Were talking with the uaw president shawn fain. You have been in that position and the minimalist notions of what is being offered, the delay that hes been very vocal about as well. But you also heard, likely earlier today, the ford ceo talking about farley. He had been blasting that very president , shawn fain, and is claiming that feign is not negotiating in good faith. In fact, here is the Chicago Tribune editorial board. I want to read a quote about what he has to say. Feign is the most belligerent union boss weve seen in a long time. My question to you, bob, do you think that shawn fain has gone too far in his negotiating . Of course, these arent member demands. Not at all you see that bias right away. He is not a uaw boss. The boss it is a membership. He was elected by the membership, airports to the membership, hes got a responsibility to negotiate an agreement that he thinks honestly can get ratified. It is sad to me that the companies are not really responding to what he is expressing it to them on behalf of the membership. So i think that is a really unfair characterization and i think sean, and the rest of the Leadership Team mike booth, richie, are all doing a great job. Richie boyer. Theyre all doing a great job for this membership and presenting their demands, theyre voicing their concerns and frustrations. Clearly the frustrations are being heard. We are 51 minutes away from a potential strike against all the big three all at once, to use his own words. At the end of the day, people do want to work. They want to be able to have, and describe it in terms of what their demands are, the dignity of work that is appreciated financially and in other ways that is comparable to what it ought to be. One guest earlier on our program talked about being elevated beyond not just to the middle class, but beyond the upper poorer is what is felt for so many people thinking about how hard they are working. But i want to understand, given that people want to work, is it advantageous to have someone holding a hardline like this at the very top . Is this what should happen in these negotiations . I think absolutely, given the situation that we are in, given these Companies Make250 Billion Dollars in the last ten years, only because our sacrifices. I was there, we made the sacrifices. To me, it is a tremendous level of injustice to members that was left with five different tears. Nobody believes that you should be doing the same job at an assembly line, getting different rates of pay for the same job, for the same corporation, for the same union, and have different rates of pay. That to me is not morally sustainable, it has a tremendous impact on employee morale. Again, shawn is expressing on behalf of the membership what it will take to get an agreement to get ratified. They should be wise enough and experienced enough to understand this and im disappointed with jim farley, honestly, making the comments he did today. Hes got to understand and should understand that sean has got to get an agreement that can get ratified by the membership. They are far away from that right now, in my view. Well, we are 49 minutes away from when they could actually walk right now and it could be debilitating, as you well know, which is part of the leverage that people who are actually keeping the company afloat certainly have right now. What will happen next, well have to wait and see. Bob king, thank you so much. Thank you. I want to bring in steven solely everyone, hes the director of labor policy at Mackinaw Center for public policy. Thank you for being here on what is really a significant moment in history. The idea idea, to quote the words of shawn fain, going against the big three all at once. We havent seen this before, even a summer where you have strike after strike in a variety of different sectors, or even a threat to strike in some significant business sectors of our economy. Stephen, you say that if the uaw gets what they are asking for, though, it is going to hurt them in the long run. Can you explain why you feel that way . Absolutely, i think i will offer a Counter Point to former president king, which is that while the uaw has to have a contract that it can ratify, a stellantis, ford, gm, each need a contract that they can compete with. The terms that are being proposed by the law, if accepted, would put all three of the big three at genuine risk of going out of future in the near future. When you look at that we did hear farley talking about at one point, if you have that significant perez, although he was challenged and rightfully so about the pay raise that people in his own position are in, in Leadership Roles of these big three, but that he said they would go bankrupt. They could not possibly compete, it would take a huge toll, not just to the bottom line but really take the bottom out from underneath them. Is that true, though . For some they might say, hold on, isnt there a price markup on some of these vehicles . Are there ways to account for the elevation of salaries in other areas . Is the ceo, at least farley correct, that there could very well be a bankruptcy in the future if they were to submit and meet these demands . I genuinely think so. So, currently the big three pay 65 dollar an hour in labor costs for workers in the domestic manufacturing industry. A foreign competitors and non unionized environments pay roughly 55, that tesla pays 45. If the aid of these demands are met, thats going to result in labor costs of over 100 an hour. That cost has to be built into electric vehicles that are already expensive, that are sitting on lots longer than traditional internal combustion vehicles, and that just dont seem to be particularly high demand right now. So when you look at that kind of Market Incentive there with demand and supply, i think you unless evs it becomes significantly more profitable for the big three, increased labor cost and diminished sales could very rapidly eat into their very existence. Certainly the union must be aware of such vehicles and the issues in terms of how long they are on the lot, the Market Incentives, the supply and demand have to be met to have a fair market value of not only labor but the cost of goods in this economy. Do you think that the union is negotiating in good faith than . I think they are trying to get the best deal for the membership that they can, and that was a perfectly understandable thing. But when you look at the market and how evs have gone so far in this transition, with the incentives, the mandates that various states are issuing, the money coming in from the federal government that is propping this industry up. Despite all of that, ford is still lost for an half billion dollars on its ev division this year and that is in a year of record profits. As we move away from those internal combustion vehicles and into a purely electric market, if that trend continues that is a huge problem for the big three. Steven delhi, thank you again, this is part of targeted to strike. It is even historic within the historic nature of what were talking about right now. The Countdown Clock is on, what will they do . So good to talk to you steven, sancuso much. Thank you for having me. Weve got a lot more to come on the looming autoworkers strike. This is so significant, the deadline is now less than an hour away. One of the Big Questions that everyone is asking now is what would this do . What could this do to the u. S. Economy . Vicks vapostick provides soothing, nonmedicated vicks vapors. [exhales] easy to apply for the whole family. Vicks vapostick and Try Vaposhower for steamy vicks vapors. To finally lose 80 pounds and keep it off with golo is amazing. Ive been maintaining. The weight is gone and its never coming back. With golo, ive not only kept off the weight but im happier, im healthier, and i have a new lease on life. Golo is the only thing that will let you lose weight and keep it off. Who loses 138 pounds in nine months . I did golos a Lifestyle Change and you make the change and it stays off. soft music sometimes Jonah Wrestles with falling asleep. So he takes zzzquil. The worlds 1 Sleep Aid Brand for a better night sleep. So now, he wakes up feeling like himself. The reigning family room middleweight champion. 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I didnt say a tenday, 5. 6 billion dollars. It could also sound the state of michigan into a recession and even drive up inflation. I want to dive into this with charleston wolf, a professor of economics at the University Of Michigan because you dont want to hear me try to recite the laws of the economy, everyone. Ive got supply, demand, that is it, thats where it goes justin. I want to talk to you about just how long before the u. S. Economy could start to feel the pressure of a strike this significant. Laura, here i really want to try to calm some of the viewers down a little bit. One thing that important recognize is the companys got a big stake here in trying to convince the federal government that this is a big deal. If the federal government does not help solve this problem it will tank the economy. The union has got a big stake in trying to convince everyone that this is a big economic deal because they want ford and gms stockholders to put a lot of pressure on them to solve it. The reality, though, is that this is not a Manufacturing Economy that we live in. The auto sector as a whole is 0. 7 of the entire u. S. Economy. The unionized sector is half of that. If they shut down the plants, that would definitely inflict some pain, but for most people, if its hard to get the car this month, what are you going to do . Probably wait until the strike is over and by the car than, or maybe buy from a Different Company who is not closed. I think the overall Macro Economic impacts, the impact on your viewers, directly to them, is not going to be that great. What about the fact that this is a targeted strike. Not every single facility is being looked at, but the notion of a targeted strike, for many people, is quite unique in that i grew up in st. Paul minnesota, a few blocks away from a ford Assembly Plant and i remember thinking that this is just one small part of the overall pie of everything thats going on. They are strategic and being targeted here, of particular areas. Does that impact how he should do, this the 10,000 foot view . Absolutely. So, laura, i was talking about the big picture, the whole economy because youve got viewers all over the come tree. Now im coming to you from michigan, its a bigger part of our economy right here. So i feel quite confident that the effects throughout most of the country, on average, are not going to be very large. Of course, the effects on the striking workers, the effects on the Auto Part Manufacturers in the cities, and the effects in particular parts of the economy, particular in the midwest, are going to be more intense. I still think that we dont want to overstate the case, but were going to feel the pain here in the midwest and if youre somewhere else, youre probably enjoying a warmer winter and youre not wearing quite about the strike. That is part of the interesting notion of our National Economy and the leverage and why it is so significant to certain parts of the population. Thats part of what theyre talking about, though, in that they can feel as though they are being disregarded because what is acutely felt and experienced by workers in this industry, as you call it a Non Manufacturing economy, because its not universally experienced for the workers, they feel as though they get the short and of the stick time and time again. But then, the people of the economy lean in. When you talk about prices of cars, of course, and you mentioned buying a car as one example. How much could a st