This ain't Hell, but you can see it from here

Category: Unions

  • Bye, Hostess

    I remember I was in Kindergarten when my mom sent me to the store up the block to buy a loaf of bread. The first time I was ever on my own with money in my pocket. I was all grown up when I picked out a loaf of Hostess bread with the little balloons on it and proudly held out my little handful of change and let the checkout lady count out whatever it cost. Then there was the time I thought I could win the Twinkie eating contest at our school’s Winter Fest and I ate so many Twinkies that I quit eating them for years.

    But now they’re gone.

    [Hostess] had warned employees that it would file a motion in U.S. Bankruptcy Court to unwind its business and sell assets if plant operations didn’t return to normal levels by Thursday evening. The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade.

    Thanks, unions. That’s what happens when you try to get blood from a stone.

    Tman sent us the bad news.

  • Illinois unionist to get $1/2 million/year pension

    Yeah, but it’s the military retirement system that needs reforming (MSNBC link);

    A labor leader in Chicago is expected to receive pension payments of nearly $500,000 a year, while another could get about $438,000 a year, according to reports Wednesday.

    The Chicago Tribune and WGN-TV, which obtained information about union pension benefits during a joint investigation, said at least eight union officials in Chicago were eligible for what were described as inflated city pensions on top of union pensions for the same period of employment.

    Thanks to ROS for the link.