...Last year, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union refused to accept concessions that would have kept Hostess in business. The company had tried to cut costs as it faced high labor expenses, rising ingredient costs, and decreasing sales. The Teamsters union accepted the concessions, but the Bakery union would not, choosing to strike. Unable to continue operating, Hostess filed for bankruptcy.Now those who helped bring down an American icon will receive generous, taxpayer-funded benefits from the Trade Adjustment Assistance (TAA) program. These generous benefits come in addition to existing unemployment insurance, job placement, and job training programs...
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Sunday, February 24, 2013
Obama Admin Rewards (Generously) Union That Bankrupted Hostess
In other words, Comrade Obama is rewarding fellow Commies for killing an American icon, i.e., the Hostess Corporation, an entity that created thousands of jobs. This is no different than a drug kingpin rewarding his lieutenants with the spoils of a drug war. H/t Grumpy Opinions.
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