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At the same time, the company was demanding lower wages from workers and stiffing employee pension funds of $8 million a month in payment obligations.
1 posted on 11/25/2012 7:35:42 AM PST by SeekAndFind
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To: SeekAndFind

YOU read the LASlimes for...’what reason?’


84 posted on 11/25/2012 10:14:47 AM PST by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: SeekAndFind

Liberals in their obama mindset totally confuse private business with government.

The business makes a product, provides jobs, and markets their product to make a profit.

If the product is well made, popular, and safe, the public buys it. If all that is in place, there is no need to “modernize”.

“Modernization” these days usually means more automation, which means fewer jobs as robotics take over the mundane and repetitive jobs that the business USED to pay a human to do.

It it ain’t broke...don’t fix it.


87 posted on 11/25/2012 10:26:08 AM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: SeekAndFind

I grew up in a union family. I also have had to make a payroll. It’s never black and white. It’s management and labor and government and customers and competitors and..... I had more inspections by government agencies when I ran a business than I ever had in the military. Those inspections cost money. My employees had to stop working to talk to the government inspectors and show them around. I remember the Federal Wage and Labor lady telling me that the government didn’t care if employees had benefits. The government wanted more (low paying no benefits) jobs. That was how they were measured. Part of my education was to see how an oil refinery operated. I went out to view a repair. One man was working and three were sleeping. Each man had a specialty. One was a pipe fitter, another worked with insulation, etc...It took four people to do one man’s job. Unions quadruple your labor costs. Later, I talked to the head of Human Resources. He told me that they automated wherever possible because they didn’t want more union employees. He had me look at a list of employees. The number of people with the same last names was astounding. The union controlled who was hired for labor at the refinery. It was a good old boys club. My Dad’s mill went under a couple of years ago. The number of private sector union jobs in my state is probably 15% of what it was in the 60s. I tried to be fair as a manager. I had a catered breakfast once a month where the employees could see our books and ask questions. One of the dumbest things I ever did. Here’s what the questions became.
“You spent $30,000 on advertising last month. If you would give that money to the employees, we would work harder.”
“You spent $50,000 last month on vehicle maintenance. If you would give that money to the employees, we would work harder.”
Every expenditure that wasn’t related to employee pay and benefits was questioned every month as to why that money couldn’t go to the employees. To them, we weren’t a business, we were employment for people.


92 posted on 11/25/2012 11:14:13 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind

Yeah, damn those capitalists!


95 posted on 11/25/2012 11:25:37 AM PST by ozzymandus
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To: SeekAndFind

At the same time, the company was demanding lower wages from workers and stiffing employee pension funds of $8 million a month in payment obligations.


How could anyone call that mismanagement? The unions were already way overpaid and benefited. Non-union bakeries were producing at far lower costs. Getting in line with the competition and not the union was a sound business decision. We all know the union would have jumped at the chance for new machinery, a reduced workforce and a big pay cut to pay for the equipment.


97 posted on 11/25/2012 11:46:24 AM PST by Steamburg (The contents of your wallet is the only language Politicians understand.)
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To: SeekAndFind

That Hostess executive pay tripling has been debunked in the Huffington Post, of all places. The rest of this article is similarly suspect.


98 posted on 11/25/2012 12:11:07 PM PST by Post Toasties (Leftists give insanity a bad name. 0bama: Eight years of failure and fingerpointing.)
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To: SeekAndFind
The high snark quotient here makes me think that maybe his facts aren't quite right.

If somebody has got the information straight, you don't need all the put-downs.

110 posted on 11/25/2012 1:58:33 PM PST by x
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To: SeekAndFind
BULLCRAP! The Unions destroyed Hostess, GM, Chrysler, and numerous other US Companies who were stupid enough to enter into contracts that gave the Unions perpetual full medical coverage, pensions funds not just to the Union workers, but, their family's, and their families after them until the Company could pay no more!

Once the Unions destroy the host they feed off of, they are now dipping their snouts into the public trough where their cohorts, e.g. Democrats liberal socialist assist in getting them lucrative contracts at the expense of the tax payers of this Nation!

Once the tax payer has had enough of paying for golden medical coverage and pensions funds to public Union employees and put a stop to it, the Union will continue to suck of the public tax payer until the host dies or is forced into bankruptcy, look at the City of Detroit and every other liberal controlled Public Union infected City in this Country, the City has filed or will be filing for bankruptcy in the very near future!

Unions busted Hostess and will destroy every host it becomes attached to! The Unions are in the process of destroying Walmart until they agree to be unionized, where Walmart will become the best friend of the Unions and liberal socialist if Walmart capitulates to the Union thugs!

113 posted on 11/25/2012 2:21:52 PM PST by paratrooper82 (We have been deserted by this WH and left to fend for ourselves in Afghanistan! Both hands tied!)
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