Union stupidity again in the news.

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“The one and only Smart Liberal”

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Nov 15, 2012
 

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I ran across a piece yesterday that will be a tough one for all of the Obamabots to decide which side is right.

It is fun seeing the oh-so-intelligent union members shoot screw themselves over. They get what they deserve when they act as stupid as they are in this situation.

Is the economy so robust that the union thinks the company won't shut down the plants? 18,000 jobs are on the line here.

The author, Neal Boortz, offers the following common sense explanation on what transpired. A "thank you" to Neal for allowing this to be posted here.

And for Bob of Many Names - as he attacks this post - stick to the subject matter and the facts of the situation. Insulting me or Neal Boortz only shows that you are shooting blanks and incapable of offering intelligent thoughts.

----------

8:26 a.m. Wednesday, Nov. 14, 2012

Go On Strike and We'll Close the Plant

By Neal Boortz

… and they did, and they did.

If you’ve been listening to me for any time at all you will know that I absolutely LOVE this story. I love it when idiot union members – unthinking mobs – shoot themselves in the foot. It’s happened again, and I’ll try not to laugh out loud as I tell you about it.

Hostess Brands … you know, the folks who make Twinkies, Ho Hos and other such goodies as well as Wonder Bread, declared bankruptcy last January. Now this was a Chapter 11 bankruptcy. That means that Hostess was asking the Bankruptcy Court for protection from its creditors as it tried to reorganize so that the business would be profitable and sustainable. Hostess asked for, and the court granted, permission to force certain concessions regarding wages on benefits on the labor unions representing its workers. This is why we have Chapter 11 bankruptcies. The theory behind Chapter 11 is that it is better to allow a company to reorganize by restructuring its debt and agreements with labor unions than it is for the company to simply shut down and put all of the workers on the streets and the lenders with unpaid loans.

Well … as you might expect … the union workers didn’t like this even one little bit. The took a strike vote and prepared to walk out. Hostess CEO Gregory Rayburn made it clear to the unions and to the media that he would flat-out close – shut down – any Hostess facilities that were no longer able to produce and deliver products because of union action. The unions chose to ignore his warning and went on strike last Friday. Who knows, maybe they were feeling emboldened by the victory of their hero Barack Obama. At three plants non-union workers refused to cross the union picket lines, and these locations were permanently closed. Over 650 union jobs … gone.

Now on the show today you’re going to hear some audio from one of these union members. You will hear him say that “all you want to do is just take our jobs away from us.” Well, union dude, here’s a hint. Those are NOT your jobs. Those jobs belong to the company – to Hostess. They created those jobs, not you. You were looking for a job. They had a job. You found the job. It’s theirs. They let you do it in exchange for money and benefits. You didn’t give them a damn thing. You traded work for money.

By the way, union dude, you need to brush up on your English before you go looking fo another gig. It’s a buyer’s market right now. Potential employers aren’t impressed with people who say “we ain’t got no ….” Just a friendly hint.

http://www.boortz.com/weblogs/nealz-nuze/2012...
Amused SLew

Seattle, WA

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Nov 15, 2012
 

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Yep, they traded work for money...

That's the American way... Funny, you forget pride, experience, and sharing the benefits of success with the WORKERS !!!

Oddly, you're against the workers WHO DO THE WORK, getting a living wage... Of course, WE remember your 2 hours and 15 minutes at "real work"...FAILURE !!! Sorry son, it's a man topic, you don't get respect, YOU NEVER EARNED !!!
Butter a Muffin

Minneapolis, MN

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#3
Nov 15, 2012
 
The Hostess products are on Michelle Obama's hit list to ban for sale in the USA.

Furthermore NYC has banned Hostess products from being importd into NYC, they are bad for you.

So these Union jobs are thrown under the bus by the Obama Administration and Liberal NYC!!

Ta Ta!
Faux News Lies

Minneapolis, MN

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Nov 15, 2012
 

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Butter a Muffin wrote:
The Hostess products are on Michelle Obama's hit list to ban for sale in the USA.
Furthermore NYC has banned Hostess products from being importd into NYC, they are bad for you.
So these Union jobs are thrown under the bus by the Obama Administration and Liberal NYC!!
Ta Ta!
Wrong, wrong and wrong.

Any more lies you want to post?
Amused SLew

Seattle, WA

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#5
Nov 15, 2012
 
Wow !?? Going for the TrashyLiar record in one post, putz ??? Poor child, they make bread, too.... LMAOROTFU~!
Bob of Many Names

Minneapolis, MN

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#6
Nov 15, 2012
 

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Smart Liberal wrote:
I ran across a piece yesterday that will be a tough one for all of the Obamabots to decide which side is right.
It is fun seeing the oh-so-intelligent union members shoot screw themselves over. They get what they deserve when they act as stupid as they are in this situation.
Is the economy so robust that the union thinks the company won't shut down the plants? 18,000 jobs are on the line here.
The author, Neal Boortz, offers the following common sense explanation on what transpired. A "thank you" to Neal for allowing this to be posted here.
And for Bob of Many Names - as he attacks this post - stick to the subject matter and the facts of the situation. Insulting me or Neal Boortz only shows that you are shooting blanks and incapable of offering intelligent thoughts.
----------
8:26 a.m. Wednesday, Nov. 14, 2012
Go On Strike and We'll Close the Plant
By Neal Boortz
… and they did, and they did.
If you’ve been listening to me for any time at all you will know that I absolutely LOVE this story. I love it when idiot union members – unthinking mobs – shoot themselves in the foot. It’s happened again, and I’ll try not to laugh out loud as I tell you about it.
Hostess Brands … you know, the folks who make Twinkies, Ho Hos and other such goodies as well as Wonder Bread, declared bankruptcy last January. Now this was a Chapter 11 bankruptcy. That means that Hostess was asking the Bankruptcy Court for protection from its creditors as it tried to reorganize so that the business would be profitable and sustainable. Hostess asked for, and the court granted, permission to force certain concessions regarding wages on benefits on the labor unions representing its workers. This is why we have Chapter 11 bankruptcies. The theory behind Chapter 11 is that it is better to allow a company to reorganize by restructuring its debt and agreements with labor unions than it is for the company to simply shut down and put all of the workers on the streets and the lenders with unpaid loans.
Well … as you might expect … the union workers didn’t like this even one little bit. The took a strike vote and prepared to walk out. Hostess CEO Gregory Rayburn made it clear to the unions and to the media that he would flat-out close – shut down – any Hostess facilities that were no longer able to produce and deliver products because of union action. The unions chose to ignore his warning and went on strike last Friday. Who knows, maybe they were feeling emboldened by the victory of their hero Barack Obama. At three plants non-union workers refused to cross the union picket lines, and these locations were permanently closed. Over 650 union jobs … gone.
Now on the show today you’re going to hear some audio from one of these union members. You will hear him say that “all you want to do is just take our jobs away from us.” Well, union dude, here’s a hint. Those are NOT your jobs. Those jobs belong to the company – to Hostess. They created those jobs, not you. You were looking for a job. They had a job. You found the job. It’s theirs. They let you do it in exchange for money and benefits. You didn’t give them a damn thing. You traded work for money.
By the way, union dude, you need to brush up on your English before you go looking fo another gig. It’s a buyer’s market right now. Potential employers aren’t impressed with people who say “we ain’t got no ….” Just a friendly hint.
http://www.boortz.com/weblogs/nealz-nuze/2012...
To start, we both know that you are anti-union and completely against workers getting decent pay and benefits.

That said, the Hostess employees faced a tough choice, and I don't know the details so I can't really comment. If the concessions asked for were too great, I would have done the same thing.

Sorry to disappoint you - I just don't know enough of the details.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#7
Nov 15, 2012
 

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Amused SLew wrote:
Yep, they traded work for money...
That's the American way... Funny, you forget pride, experience, and sharing the benefits of success with the WORKERS !!!
Oddly, you're against the workers WHO DO THE WORK, getting a living wage... Of course, WE remember your 2 hours and 15 minutes at "real work"...FAILURE !!! Sorry son, it's a man topic, you don't get respect, YOU NEVER EARNED !!!
Way to go Bob! You never fail to disappoint me. You continually show how stupid you are.

The workers trade their time and effort for a specific amount of money. The jobs belong to the company, not to the employees.

If the workers decide they don't want to go back to work, say goodbye to 18,000 jobs.
Amused SLew

Seattle, WA

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#8
Nov 15, 2012
 

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Funny, some folks always blame workers, then WHAT IS MANAGEMENT PAID FOR ???

By Rachel Feintzeig
Of DOW JONES DAILY BANKRUPTCY REVIEW

Unsecured creditors suspect that Hostess Brands Inc. may have "manipulated" its executives' pay--sending its former chief executive's salary, in particular, skyrocketing- in the months leading up to its Chapter 11 filing, in an effort to dodge the Bankruptcy Code's compensation requirements, according to a redacted court filing reviewed by Dow Jones.

The official committee representing Hostess's unsecured creditors wants to launch a formal investigation in the bankruptcy case, hoping to dig deeper into the bakery company's senior executive compensation. The information the group has already gathered suggests "the possibility" that the company converted a chunk of its top executives' pay from performance-based bonuses to guaranteed salary, "at least in part to sidestep" rules designed to ensure that companies in bankruptcy aren't enticing their employees to stay on board with the promise of cash.

"As such, the debtors' continued payment of the executives' salaries in these increased amounts may violate the Bankruptcy Code," the unsecured creditors said in documents that were filed with the U.S. Bankruptcy Court in White Plains, N.Y., but largely redacted. Dow Jones was able to view those details because when the papers were saved to a word-processing program, the redactions disappeared.

A spokesman for Hostess dismissed the creditors' allegations.

"We do not believe their theory has any basis in law," he said. "Nevertheless, we are working cooperatively with the committee to address their concerns and expect to resolve this amicably."

In court papers, the creditors say testimony from Hostess's executive vice president of human resources indicates that "in the run-up to bankruptcy"--when Hostess had already hired bankruptcy attorneys--it was also working to shift its compensation structure. Hostess slashed bonuses payable only if certain performance goals were met and, on July 26, the company's compensation committee signed off on "substantial salary increases for numerous senior executives," the creditors said, calling the jumps "dramatic."

Hostess's then-CEO, Brian Driscoll, saw his salary rise to $2.55 million from $750,000--a 300% increase.

"Other executives' salaries were increased by from 35% to 80%," the creditors said.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#9
Nov 15, 2012
 

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Bob of Many Names wrote:
<quoted text>
To start, we both know that you are anti-union and completely against workers getting decent pay and benefits.
That said, the Hostess employees faced a tough choice, and I don't know the details so I can't really comment. If the concessions asked for were too great, I would have done the same thing.
Sorry to disappoint you - I just don't know enough of the details.
Hi there St Paul Bob.

You have no clue what my position is on unions if you make an asinine statement like that.

I am totally opposed to the incestuous relationship that public unions have with the elected officials. And that relationship dictates that public unions ought to be outlawed.

As for private sector unions...I have no problem with them, other than their mob mentality that hurts the employees and enriches the union bosses.

Now go read up on this situation. Read how the courts allowed the company to renegotiate their labor costs in order for the company to survive.

Then come back and tell me that you think the union members are correct in causing the company to shut down every production plant and put 18,000 employees out of work.
Butter a Muffin

Minneapolis, MN

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#10
Nov 15, 2012
 
Faux News Lies wrote:
<quoted text>
Wrong, wrong and wrong.
Any more lies you want to post?
Do I need to post Michelle Obamas diet to health message?

Hostess products are NOT approved for human consumption that's why the company is going brankrupt because Michelle has banned them from school meals.

Don't you listen to the First Lady?
Amused SLew

Seattle, WA

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#11
Nov 15, 2012
 

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Hostess's then-CEO, Brian Driscoll, saw his salary rise to $2.55 million from $750,000--a 300% increase.

"Other executives' salaries were increased by from 35% to 80%," the creditors said.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#12
Nov 15, 2012
 

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Amused SLew wrote:
Funny, some folks always blame workers, then WHAT IS MANAGEMENT PAID FOR ???
By Rachel Feintzeig
Of DOW JONES DAILY BANKRUPTCY REVIEW
Unsecured creditors suspect that Hostess Brands Inc. may have "manipulated" its executives' pay--sending its former chief executive's salary, in particular, skyrocketing- in the months leading up to its Chapter 11 filing, in an effort to dodge the Bankruptcy Code's compensation requirements, according to a redacted court filing reviewed by Dow Jones.
The official committee representing Hostess's unsecured creditors wants to launch a formal investigation in the bankruptcy case, hoping to dig deeper into the bakery company's senior executive compensation. The information the group has already gathered suggests "the possibility" that the company converted a chunk of its top executives' pay from performance-based bonuses to guaranteed salary, "at least in part to sidestep" rules designed to ensure that companies in bankruptcy aren't enticing their employees to stay on board with the promise of cash.
"As such, the debtors' continued payment of the executives' salaries in these increased amounts may violate the Bankruptcy Code," the unsecured creditors said in documents that were filed with the U.S. Bankruptcy Court in White Plains, N.Y., but largely redacted. Dow Jones was able to view those details because when the papers were saved to a word-processing program, the redactions disappeared.
A spokesman for Hostess dismissed the creditors' allegations.
"We do not believe their theory has any basis in law," he said. "Nevertheless, we are working cooperatively with the committee to address their concerns and expect to resolve this amicably."
In court papers, the creditors say testimony from Hostess's executive vice president of human resources indicates that "in the run-up to bankruptcy"--when Hostess had already hired bankruptcy attorneys--it was also working to shift its compensation structure. Hostess slashed bonuses payable only if certain performance goals were met and, on July 26, the company's compensation committee signed off on "substantial salary increases for numerous senior executives," the creditors said, calling the jumps "dramatic."
Hostess's then-CEO, Brian Driscoll, saw his salary rise to $2.55 million from $750,000--a 300% increase.
"Other executives' salaries were increased by from 35% to 80%," the creditors said.
Let's use your words here..."suspect"??? "may have manipulated"??? Come back when you have some actual proof.

If I were one of the unsecured creditors, I'd do everything I could to squeeze some additional money out of the company too. Hell, I might even get file a law suit to contest the bankruptcy. Wouldn't you?

But this has nothing to do with the union members causing the company to shut down. 18,000 jobs.
Amused SLew

Seattle, WA

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Nov 15, 2012
 

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I'd explain how costs affect bankruptcy, but not to a dummy...
Hostess's then-CEO, Brian Driscoll, saw his salary rise to $2.55 million from $750,000--a 300% increase.

"Other executives' salaries were increased by from 35% to 80%," the creditors said.
Butter a Muffin

Minneapolis, MN

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#15
Nov 15, 2012
 

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Amused SLew wrote:
Hostess's then-CEO, Brian Driscoll, saw his salary rise to $2.55 million from $750,000--a 300% increase.
"Other executives' salaries were increased by from 35% to 80%," the creditors said.
SO if I buy a car and improve it so its value doubles and sell it doubling my money that's a problem, just wondering?
Amused SLew

Seattle, WA

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#16
Nov 15, 2012
 

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Smart Liberal wrote:
<quoted text>
Let's use your words here..."suspect"??? "may have manipulated"??? Come back when you have some actual proof.
If I were one of the unsecured creditors, I'd do everything I could to squeeze some additional money out of the company too. Hell, I might even get file a law suit to contest the bankruptcy. Wouldn't you?
But this has nothing to do with the union members causing the company to shut down. 18,000 jobs.
They "suspect" it was intentional, the actual salaries were raised to ridiculous amounts...

Funny, you NEED to divert the point, poorly..

Of course, you are TrashyLiar... LMAOROTFU~!

Hertz, DON'T IT ! LMAOROTFU~!
Amused SLew

Seattle, WA

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#17
Nov 15, 2012
 

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Smart Liberal wrote:
I ran across a piece yesterday that will be a tough one for all of the Obamabots to decide which side is right.
It is fun seeing the oh-so-intelligent union members shoot screw themselves over. They get what they deserve when they act as stupid as they are in this situation.
Is the economy so robust that the union thinks the company won't shut down the plants? 18,000 jobs are on the line here.
The author, Neal Boortz, offers the following common sense explanation on what transpired. A "thank you" to Neal for allowing this to be posted here.
And for Bob of Many Names - as he attacks this post - stick to the subject matter and the facts of the situation. Insulting me or Neal Boortz only shows that you are shooting blanks and incapable of offering intelligent thoughts.
----------
8:26 a.m. Wednesday, Nov. 14, 2012
Go On Strike and We'll Close the Plant
By Neal Boortz
… and they did, and they did.
If you’ve been listening to me for any time at all you will know that I absolutely LOVE this story. I love it when idiot union members – unthinking mobs – shoot themselves in the foot. It’s happened again, and I’ll try not to laugh out loud as I tell you about it.
Hostess Brands … you know, the folks who make Twinkies, Ho Hos and other such goodies as well as Wonder Bread, declared bankruptcy last January. Now this was a Chapter 11 bankruptcy. That means that Hostess was asking the Bankruptcy Court for protection from its creditors as it tried to reorganize so that the business would be profitable and sustainable. Hostess asked for, and the court granted, permission to force certain concessions regarding wages on benefits on the labor unions representing its workers. This is why we have Chapter 11 bankruptcies. The theory behind Chapter 11 is that it is better to allow a company to reorganize by restructuring its debt and agreements with labor unions than it is for the company to simply shut down and put all of the workers on the streets and the lenders with unpaid loans.
Well … as you might expect … the union workers didn’t like this even one little bit. The took a strike vote and prepared to walk out. Hostess CEO Gregory Rayburn made it clear to the unions and to the media that he would flat-out close – shut down – any Hostess facilities that were no longer able to produce and deliver products because of union action. The unions chose to ignore his warning and went on strike last Friday. Who knows, maybe they were feeling emboldened by the victory of their hero Barack Obama. At three plants non-union workers refused to cross the union picket lines, and these locations were permanently closed. Over 650 union jobs … gone.
Now on the show today you’re going to hear some audio from one of these union members. You will hear him say that “all you want to do is just take our jobs away from us.” Well, union dude, here’s a hint. Those are NOT your jobs. Those jobs belong to the company – to Hostess. They created those jobs, not you. You were looking for a job. They had a job. You found the job. It’s theirs. They let you do it in exchange for money and benefits. You didn’t give them a damn thing. You traded work for money.
By the way, union dude, you need to brush up on your English before you go looking fo another gig. It’s a buyer’s market right now. Potential employers aren’t impressed with people who say “we ain’t got no ….” Just a friendly hint.
http://www.boortz.com/weblogs/nealz-nuze/2012...
WOW !!?? Opinion blogs as proof of reality ??? I always thought they were called blogs, BECAUSE they expressed an opinion...

blog-
a Web site containing the writer's or group of writers' own experiences, observations, opinions, etc., and often having images and links to other Web sites.

Did I miss the cites, other web sites, or images ???
Butter a Muffin

Minneapolis, MN

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#18
Nov 15, 2012
 

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Amused SLew wrote:
I'd explain how costs affect bankruptcy, but not to a dummy...
Hostess's then-CEO, Brian Driscoll, saw his salary rise to $2.55 million from $750,000--a 300% increase.
"Other executives' salaries were increased by from 35% to 80%," the creditors said.
SO if I buy a car and improve it so its value doubles and sell it doubling my money that's a problem, just wondering?
Amused SLew

Seattle, WA

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#19
Nov 15, 2012
 

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Butter a Muffin wrote:
<quoted text>
SO if I buy a car and improve it so its value doubles and sell it doubling my money that's a problem, just wondering?
The company is in bankruptcy, you call that improving the value ??? Yeah, stick to switching monikers.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#20
Nov 15, 2012
 

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Amused SLew wrote:
<quoted text>WOW !!?? Opinion blogs as proof of reality ??? I always thought they were called blogs, BECAUSE they expressed an opinion...
blog-
a Web site containing the writer's or group of writers' own experiences, observations, opinions, etc., and often having images and links to other Web sites.
Did I miss the cites, other web sites, or images ???
Keep pounding that keyboard with nonsense from your MN basement bunker there Bob.

Now, what part of "the union is going to cause 18,000 people to lose their jobs" do you not understand?

Since: Sep 11

Rogers, MN

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#21
Nov 15, 2012
 

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Smart Liberal wrote:
<quoted text>
Keep pounding that keyboard with nonsense from your MN basement bunker there Bob.
Now, what part of "the union is going to cause 18,000 people to lose their jobs" do you not understand?
The unwritten part that says it's all Bush's fault.

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