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oklared
UKC Forum Member

Registered: May 2005
Location: oklahoma
Posts: 5035

GOV. BAILOUT OF HOSTESS

Hostess Bakery plants shut down on Friday, the result, of a union strike idling some 18,000 workers. The Obama administration will hire most all of these displaced employees. The State Department will hire the Twinkies, the Secret Service the Ho Hos, the generals will sleep with the Cupcakes and all the Ding Dongs are going to Congress!!

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Old Post 12-02-2012 01:07 AM
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J Ternes
UKC Forum Member

Registered: Nov 2009
Location: Kansas
Posts: 98

Unions

Not a big fan of the unions but, these money problems have been an issue for quite sometime. A while back the union loaned the company a bunch of money from thier retirement funds with the understanding that it would be paid back when the compant became profittable again. Now they are closing the doors and wanting a bounous for it without repaying the loan. If that were my retirement Id be upset and consider the CEO a thief for taking the "bonous" and want him prosocuted for it. Im sure there is some info that Im missing but there are always two sides to every story and it seems that I havent seen much about the unions side on this.

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Old Post 12-02-2012 04:35 AM
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Lakeland Kennel
Banned

Registered: Jan 2009
Location: Central Illinois
Posts: 2814

I thought this whole deal was about some company screwing it's workers out of their retirement funds and it turns out to be true. The big trend in buisiness is to screw the workers out of their retirement funds and for the company's CEO to put the money in an off-shore account. THey don't even pay a fair share of taxes on the money.

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Old Post 12-02-2012 01:14 PM
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conhtr1
UKC Forum Member

Registered: Dec 2003
Location:
Posts: 800

quote:
Originally posted by Lakeland Kennel
I thought this whole deal was about some company screwing it's workers out of their retirement funds and it turns out to be true. The big trend in buisiness is to screw the workers out of their retirement funds and for the company's CEO to put the money in an off-shore account. THey don't even pay a fair share of taxes on the money.


Illinois unfunded pension liability hits 96.8 billion. Hows that for the government run 'business' in your state Dave. Let's look at the past representation and lay blame on the party in charge.

http://articles.chicagotribune.com/...pension-reforms

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Old Post 12-02-2012 01:48 PM
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wakenda creek b
UKC Forum Member

Registered: Jul 2006
Location: Carrollton,Missouri
Posts: 947

Ive been in a union before.Im not a big fan of them.

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Old Post 12-02-2012 03:55 PM
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trackdriver
Banned

Registered: Jan 2004
Location: U.S.A.
Posts: 3096

Not a union or anti-union topic,seems more about right and wrong. Company have been screwing this country for a while and some fools agree with them till it hits home.

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Old Post 12-02-2012 06:33 PM
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sctommy26
UKC Forum Member

Registered: Mar 2010
Location: Easley SC
Posts: 341

if you work for a good company and owners you don't need a union! Take your weekly union dues and put them in the bank and you will probably have more money at retirement.

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Old Post 12-02-2012 08:13 PM
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rance56
UKC Forum Member

Registered: Jun 2003
Location: Jacksonville FL
Posts: 4046

quote:
Originally posted by Lakeland Kennel
I thought this whole deal was about some company screwing it's workers out of their retirement funds and it turns out to be true. The big trend in buisiness is to screw the workers out of their retirement funds and for the company's CEO to put the money in an off-shore account. THey don't even pay a fair share of taxes on the money.



Do u have any proof of this

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Old Post 12-02-2012 09:13 PM
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Hey Preacher!!!
UKC Forum Member

Registered: Jan 2012
Location: Lawrenceburg TN
Posts: 1846

You mean to tell me the very union that was to protect the best interests of their members signed a deal that gambled away their retirement funds?

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Old Post 12-02-2012 11:54 PM
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Wingman66
Banned

Registered: Sep 2007
Location: Occupied TN CSA
Posts: 1877

I'd say this is closer to the truth as a whole...

http://management.fortune.cnn.com/2...nkies-bankrupt/

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I have to say yall got a good little support group going. Huddle together so yall can keep warm...trackdriver

"Kim Jong-Un speaks and his people sit up at attention. I want my people to do the same.” An actual sitting US President said that. Let that sink in.

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Old Post 12-03-2012 05:03 AM
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Wingman66
Banned

Registered: Sep 2007
Location: Occupied TN CSA
Posts: 1877

P.S. If this is suppose to be a 'family owned business'... that man has a lot of family members.

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I have to say yall got a good little support group going. Huddle together so yall can keep warm...trackdriver

"Kim Jong-Un speaks and his people sit up at attention. I want my people to do the same.” An actual sitting US President said that. Let that sink in.

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Old Post 12-03-2012 05:07 AM
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conhtr1
UKC Forum Member

Registered: Dec 2003
Location:
Posts: 800

quote:
Originally posted by Hey Preacher!!!
You mean to tell me the very union that was to protect the best interests of their members signed a deal that gambled away their retirement funds?


Preacher, try not to get them thinking. Might hurt someone.

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Old Post 12-03-2012 12:43 PM
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