Those evil corporations. All those bastards ever think about is profit. They should be PROUD to take a loss quarter after quarter if they can continue to fund those unions! :roll:
Shame on them indeed....how dare they think that somehow the seniors, widows, pensioners and retirees need the dividends from their profits to pay their bills and put food on their tables....clearly that money needs to go to the unions for them to pay their dues and contribute still more to the political efforts of the lib/dems who have enslaved them
:roll: Even the Teamsters agreed to this deal. It was a tiny, little union with around 160 members who voted "no" and tossed 18,000 people out of work...
something I've noticed since the election of Obama (and that's not to blame him, it's just something I've noticed)... Why aren't companies moving to the South to avoid the Union problem anymore? Under W, this was happening regularly. Southern states were exploding in population and jobs were everywhere down here. These past 4.5 years have become increasingly lean with even the Southern companies laying people off now..
Unfortunately it's because the only way for businesses to deal with Obamacare's taxes and all the new federal regulations is to: 1. Go out of business. 2. Move to a foreign country. 3. Cut all workers hours down to 29 per week. There isn't anywhere left to hide from the abusive federal government...
Too Funny: Union Workers Who Drove Hostess Into Bankruptcy Hope Possible Buyer Will Re-Hire Them… You know, because companies with union workers are so competitive. Via Jacksonville Business Journal: Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work. Hostess set a 5 p.m. Nov. 15 deadline for workers involved in a union-organized strike to return to work. The company warned that if the ongoing labor strike continued it would force the company into liquidation, and it wasn’t bluffing — having announced plans to liquidate and lay off 18,000 employees. But now those that are out of work, including nearly 200 in Jacksonville, are hoping that someone will buy the popular Hostess products and reproduce them, the Wall Street Journal reports. Frank Hurt, president of the Bakery, Confectionery, Tobacco Workers and Grain Millers union, told the WSJ he was comforted by the rush of consumers to purchase Twinkies and other products for fear the popular brands will go away. “People are going crazy because they think they’re not going to be able to get any Twinkies or Ho Hos or Wonder Bread,” he told the WSJ. “They’ll be produced somewhere, some time and by our members.”
Out on strike in this economy??? Serves them right. Let the new buyers open up the factories in right to work states and screw the union!
Mark my words, here is a likely scenario for next steps.....might sound familiar 1) Private equity investors purchase the remaining assets, resume production and put many unemployed workers back on the job 2) Streamline operations and rationalize the bloated cost structure back to competitive levels - including necessary reductions to payroll and benefits 3) Laid off union worker goes on MSNBC ten years later claiming PE vultures gutted the company and killed his wife.... ....certain liberal Skyboxer claims villainous PE investors have ruined US manufacturing competitiveness and middle class
ding... ding... ding... We have a winner. Johnny, tell him what he as won! :wink: economics should be a mandatory course at all levels!