jclisenby
Well-known member
Actually, Hostess came out of their first bankruptcy still millions in debt, rare, and practically unheard of. Yet in light of that fact, they were paying their CEO's millions in salary, some even got insane raises and bonuses within the last few months. That single CEO's yearly salary alone could've paid years in salaries and pensions for the $15/hr workers and that's not even factoring in his massive bonus, the one which he still gets paid despite running them back into a 2nd bankruptcy again so soon after taking the reigns. You do not pay a CEO or any executive a salary of that amount when you are that far in the hole and expect to actually get out of debt. Period. You pay him 1? til they are in the black, as you do all the Sr. Management, THEN you figure out how to deal with his salary and if he gets a bonus when and IF they are ever in the black. Add to the fact that they as a company did NO new product innovation in decades. That is a dying company. Again, not a Union problem, that's management.
So explain to me how that is a Union's fault? The "Union Bosses" weren't making much money, nor were the Union workers. $15 an hour is hardly a lifelong sustainable wage, nor is it one that breaks a huge corporation, nor is it "great money". So how is that an example of why Unions are no good in 2012? Sounds like you have listened to the propaganda and not done a lot of actual research.
I've worked with Union employees on the job, and I can tell you from experience that the entire structure is crap. They make it so that people who are qualified and knowledgeable cant get jobs or appropriate wages because they are forcing companies to pay for people or services they don't need. The number of right to work states is rising and I think we will see an end to unions before too long. Either the unions go or the US economy goes. I'm hoping its not the economy.