Thursday, November 15, 2012

Unions At Work

Hostess Brands CEO said Wednesday the company will liquidate unless striking workers return to the job by the end of the day on Thursday. According to an article in KWCH website.

"We simply do not have the financial resources to survive an ongoing national strike," Greg Rayburn said in a statement. Workers are protesting a contract imposed by a bankruptcy court. The bakers union has called the contract "outrageous."

A liquidation would result in more than 18,000 workers losing their jobs.

Bruce Frykman commented:

But think of all the wonderful taxpayer provided benefits that await people who force their employers into bankruptcy. Unions - don't you just love them.

There is a silver lining in all this. As more and more unions bankrupt their employers it is exactly like parasites killing their hosts. Soon there is nothing to feed off and the parasites die off.
This is so true! Can't you just be happy that you have an actual job in this economy?  NO, you have to ask for more than the company can afford to give.

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