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On Letter: Broad impact

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Richard Heckler 1 year, 2 months ago

"100% company paid pensions, health insurance and other benefits." Companies offered these to attract the best workers. Now that millions upon millions are out of work flag waving corp America is ready to engage in slave labor wages ASAP. CEO and upper level management still walk away with those benefits.

With corporations routinely defaulting on their pension promises, more and more workers must rely on their individual wealth to make up the difference. The stock market collapse at the turn of the millennium wiped out much of the financial wealth of middle class Americans, and the collapse of the housing bubble has wiped out much of their remaining wealth.

Pensions for workers have become an endangered species if not extinct.

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Richard Heckler 1 year, 2 months ago

Hostess wants to bust the union so the corporation makes wayyyyyyyy more dough. They like handing out large bonus packages to the upper level management no matter that they are filing bankruptcy.

The workers keep the economy humming along in a big way. IF workers go on a spending strike Wall Street will certainly take a dive.

CEO's in too many situations are paid wayyyy more than they could possibly be worth = draining the bank accounts.

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bearded_gnome 1 year, 2 months ago

those bakers working at Hostess sure appreciate Merrill's line uh I mean support ... oh yeah, they're outa work because they like many others lost their jobs because of their greedy shadow bosses in charge of their union. so sad.

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rockchalk1977 1 year, 2 months ago

Whining union members are being replaced by technology. Just ask the recently unemployed folks over at Hallmark and Jostens in Topeka. Computerized equipment and robots don't call in sick, go on vacation or take holidays off. Machines don't have silly work rules or demand 100% company paid pensions, health insurance and other benefits. Machines don't go on strike to get their way! You union members complained yourself right out of a job. No wonder your membership is down to only 6% in the private sector. Stop whining and get to work!

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Richard Heckler 1 year, 2 months ago

The fact is if the "worker bees" quit spending Wall Street goes down the tubes...... best move your money and your investments.

If "worker bees" cut wayyyyyyyyyyyy back on spending city hall may need to call in the tax dollar give aways meaning all should pay up.

Who here wants to work for less money? as right-wingers want?

It isn't about union dues at all. It is about reducing wages pure and simple being led by deceptive rhetoric.

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Richard Heckler 1 year, 2 months ago

rtwngr is not informed like most from the right wing.

Johnston reveals how government subsidies and new regulations have quietly funneled money from the local poor and the local middle class to the rich politically connected.

http://www.democracynow.org/2008/1/18/free_lunch_how_the_wealthiest_americans

http://www.pbs.org/moyers/journal/01182008/transcript.html

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Richard Heckler 1 year, 2 months ago

City government handing out tax incentives aka corporate welfare effectively erased the Free Market.

State government handing out tax incentives aka corporate welfare effectively erased the Free Market.

Federal government handing out tax incentives aka corporate welfare effectively erased the Free Market.

Tax incentives aka corporate welfare effectively erased the Free Market thus providing the new business a leg up on the existing business owner effectively erasing the Free Market.

Adam Smith is turning over in his grave over the insanity of paying new business to come into the local economies and running the existing business people out of business.

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Benjamin Roberts 1 year, 2 months ago

"A new breed of Republicans wants to cut taxes and force down wages. Where will tax revenue come from?"

Conservatives (which the LTE confuses with Republicans) do want taxes lowered; they want the free market to determine wages.

Lower taxes equals higher retained income for the taxpayer. Given the choice between me or big government doing with less ... I choose government.

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