RE: A few Labor Leader, cost 18,500 people their jobs (Full Version)

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cuckoldmepls -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 11:16:54 AM)

Geeze, unions running a company would be exactly like the government running a company. Probably worse since the government doesn't collect union dues, mandatory no less. it's like having to pay the mob protection money if you want a job. Totally insane.

People just haven't figured out yet that unions have destroyed our competitive edge worldwide. For better or worse, it is a global economy now & until we lower our wages at the highest levels, we are doomed to lose.

It's always puzzled me where people get this idea that they have a Constitutional right to collective bargain. I've never seen nor heard anything in the Constitution that allows people to blackmail their employer.

We have over $50 trillion in unfunded liabilities & they all come from democratic programs & government pension plans. Democrats have had 3 or 4 years to do something about the Post Office & they still won't make changes. The most common sense approach would be first to privatize their pension plans. No more having to prefund it. Postal employees can rely on ss like everyone else & whatever they manage to privately save.




mnottertail -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:14:04 PM)

Imbeciles haven't figured out yet that lassize faire corporate greed has killed our competitive edge worldwide.





Yachtie -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:30:56 PM)


quote:

ORIGINAL: mnottertail
A simpler solution, have the unions not buy the company.


Why? Hasn't GM done really really well? [8|]




SadistDave -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:39:23 PM)

ROFLMAO!

The Teamsters Union defiled the Bakers Union picket lines to go back to work. Yup, there's nothing like the solidarity of union brotherhood....

My guess is that the Teamsters members have spent enough time looking for work in the real world that they don't want to try job hunting in the sinking Obama economy.

-SD-





tazzygirl -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:51:22 PM)

Breitbart? [8|]

Hostess Brands Inc., the maker of Wonder bread and Twinkies, began permanently shutting plants after it couldn’t get enough members of its striking bakery workers’ union to cross the picket lines to keep them open.

Drivers represented by the Teamsters Union ratified a new contract with 8 percent in wage concessions and 17 percent in benefit reductions. The Teamsters are honoring the bakery workers’ picket lines at some locations, Scannell said in an interview.

The Teamsters weren’t honoring the picket lines, company spokesman Erik Halvorson said in an e-mailed statement. Irving, Texas-based Hostess said enough union members are crossing the picket lines to allow “full operations” at about half the struck plants.



http://www.moneynews.com/Companies/Hostess-Bakeries-Workers-strike/2012/11/13/id/463948




Yachtie -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:54:42 PM)


quote:

ORIGINAL: tazzygirl

Breitbart? [8|]

Hostess Brands Inc., the maker of Wonder bread and Twinkies, began permanently shutting plants after it couldn’t get enough members of its striking bakery workers’ union to cross the picket lines to keep them open.

Drivers represented by the Teamsters Union ratified a new contract with 8 percent in wage concessions and 17 percent in benefit reductions. The Teamsters are honoring the bakery workers’ picket lines at some locations, Scannell said in an interview.

The Teamsters weren’t honoring the picket lines, company spokesman Erik Halvorson said in an e-mailed statement. Irving, Texas-based Hostess said enough union members are crossing the picket lines to allow “full operations” at about half the struck plants.



http://www.moneynews.com/Companies/Hostess-Bakeries-Workers-strike/2012/11/13/id/463948



Tazzy, yours is 3 days old.




Edwynn -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:57:34 PM)

quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: mnottertail
A simpler solution, have the unions not buy the company.


Why? Hasn't GM done really really well? [8|]




Hows' your shares of AIG doing, there?

Paid over $33 million in bonuses to the people who drove the company and the economy into the dirt, but other than that, hows' your stock doing?








tazzygirl -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 12:57:54 PM)

quote:

Tazzy, yours is 3 days old.


And?




Yachtie -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:00:04 PM)


quote:

ORIGINAL: Edwynn


quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: mnottertail
A simpler solution, have the unions not buy the company.


Why? Hasn't GM done really really well? [8|]




Hows your shares of AIG doing, there?





Unions have a material ownership stake in AIG?




Hillwilliam -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:00:19 PM)

quote:

ORIGINAL: tazzygirl

quote:

Tazzy, yours is 3 days old.


And?

Said by a guy who posts shit that's 2 YEARS old. Not as bad as Fargle but getting there. I think he still holds the record for old media with 31 years.




Yachtie -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:01:56 PM)


quote:

ORIGINAL: Hillwilliam

quote:

ORIGINAL: tazzygirl

quote:

Tazzy, yours is 3 days old.


And?

Said by a guy who posts shit that's 2 YEARS old. Not as bad as Fargle but getting there. I think he still holds the record for old media with 31 years.



The relevant part of that 2 year old article is still material.




tazzygirl -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:05:40 PM)

21 hours ago

In an interview with Fox Business, Hostess CEO Gregory Rayburn said many workers have already crossed picket lines this week to go back to work despite warnings by union leadership that they'd be fined.

"The problem is we don't have enough crossing those lines to maintain normal production," said Rayburn, who first joined Hostess earlier this year as a restructuring expert.

Hostess says that production at about a dozen of the company's 33 plants has been seriously affected by the strike. Three plants were closed earlier this week.


http://www.google.com/hostednews/ap/article/ALeqM5j7udQ_AT9SkwZ3uL0JTgBeTLTalA?docId=8a806c3cbb614df48a0141d41f258b0e






Edwynn -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:06:59 PM)


quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: Edwynn


quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: mnottertail
A simpler solution, have the unions not buy the company.


Why? Hasn't GM done really really well? [8|]




Hows your shares of AIG doing, there?





Unions have a material ownership stake in AIG?



You are completely lost.

I recommend you not even step on deck today.






Moonhead -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:09:40 PM)


quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: mnottertail
A simpler solution, have the unions not buy the company.


Why? Hasn't GM done really really well? [8|]


No, but it hasn't done any German manufacturing companies any serious harm, has it?




Yachtie -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 1:12:26 PM)


quote:

ORIGINAL: Moonhead


quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: mnottertail
A simpler solution, have the unions not buy the company.


Why? Hasn't GM done really really well? [8|]


No, but it hasn't done any German manufacturing companies any serious harm, has it?



I knew it! You want us to be like the Krauts.




Moonhead -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 2:11:08 PM)

Having engineering companies run by engineers rather than MBAs, and manufacturing expensive pens domestically rather than in China wouldn't be a bad move, no.




Edwynn -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 2:18:04 PM)

But he's living in the '60s, when we used to say things like 'Krauts,'

Give him time, let him catch up to the '80s first.

One step at a time.





Owner59 -> RE: A few Labor Leader, cost 18,500 people their jobs (11/16/2012 2:18:39 PM)

The company could have worked something out....putting it all on the unions is deshonest and ....well....republican....




slvemike4u -> RE: A few Labor Leader, cost 18,500 their jobs (11/16/2012 3:54:04 PM)


quote:

ORIGINAL: FatDomDaddy

You seem to forget,

The company was only forced to close when the 5,000 workers struck.

For some vishnu unknown reason, the Union apologist are acting like the loss of jobs is a victory for the union cause!!!

18,500 are out of work because a few Union Leaders wanted to make a statement.

Or...wanted to make a decent living,and couldn't understand why that should be made harder while management,the cause of so many of the woes, went skipping merrily along.
Seriously Fats,what part of this don't you get ?


p.s.Please don't tell me you are a twinkie fan ?
Is that how you got the nick Fats ?




LookieNoNookie -> RE: A few Labor Leader, cost 18,500 their jobs (11/16/2012 3:58:36 PM)

quote:

ORIGINAL: subspaceseven

They are blaming the union, but when one looks at their stock prices and management, this is a surprise to no one. This is the second time they have filed for bankruptcy ( in under 10 years), though union workers took cuts, no one in management did

If you look at their filing....

The company's last operating report, filed with the bankruptcy court in late October, listed a net loss of $15.1 million for the four weeks that ended in late September, mostly due to restructuring charges and other expenses.

and

"result of nearly a decade of financial and operational mismanagement" and that management was trying to make union workers the scapegoats for a plan by Wall Street investors to sell Hostess.


I'm sure Bain can come in and ship everything overseas, what the hell a huge debt, only employees asked to pay for it and top exec's get full pay while running the company into to it's second bankruptcy...

So they borrowed to much and wall street would not lend them anymore...Can you show me where the top exec's took a cut in pay????? Oh wait they will still get millions in golden parachute deals even when they file ..


Maybe the market just got tired of Ho ho's and twinkes, white bread sales have been down for years,..but hey, it's a free market when you fail to adopt just blame the union, don't offer anything new.....just blame the worker in the factory...cause there is a black guy in the WH


"Stock prices"????????????????????????

Are you clueless?

Stock prices are a referendum on profitability.

(THEY WEREN'T!!!!!!!!!!!!!!!!....even remotely....PROFITABLE!!!!!!!!).

Why?

Because their costs were out of whack with the market.

Clue store is open.

(I won't be the only one holding the door open for you).

Bring cash.

(By the way.....EVERYONE in management took a cut.....5 years ago doing their best to salvage the company....they effectively said then...."we're in....are you?").

Guess what....Hostess is about to become an REIT (look it up).

(Funny thing is....the execs are about to take all these real estate assets and become a development company....not what they wanted, not what they offered....not what they were willing to offer and did....but now there are 18,250 (out of 18,500) looking for a job, in a market that will pay about 20% less than what they were offered.

Unions are awesome.




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