Not saying you’re wrong but what legal lever can unions use to do that? If there is a law that says you may not close a business then we are already have a fascist dictatorship.
I suppose there are pensions. I wonder if they are fully funded?
No. It’s a ponzi scheme. Current union retiree’s are seeing a problem because Hostess hasn’t payed into the pension fund for over a year. My buddy and his wife, who never worked for Hostess depend on Hostess’ payments to the union welfare trust for a portion of their monthly pension funding. Bad news for more than the 18,000 immediately affected, I’m afraid.
Watch Obama assume distressed pensions on our dime. We can all be “Obamatired!”
I may be wrong but I believe the pensions fall under the Teamster umbrella........Additionally, I think that if you're a teamster, you're forbidden to go out and get a job in your respective trade in a non-union facility. You have to sign up for work at your union hall and you go on a waiting list. When jobs become available, your union hall then sends you out when your name comes up......
I know a retiree who was an electrician for the Detroit school system and he got that job through the IBEW after being unemployed for a year and a half.
A good friend of mine's nephew is in the sheet metal workers union here and he was unemployed for about 2 1/2 years until they called him up for a job.
These unions are ruthless too if they find out you're working in a non-union shop. My friend's nephew was on his union's pension board and they discovered a retiree who was working and they legally fined him $17,000 and withheld his pension until he paid it off. Their legal rationalization was that they had provided him the free apprenticeship training and the jobs throughout his career and thus he belonged to them.