Againsheila
Gold Member
- Nov 1, 2008
- 17,201
- 3,817
I just can't wrap my head around workers who would rather put their employer and by extension, themselves, out of business, rather than work for less.
Baffling.
Probably because they realize that most of their competitors are unionized, and when Hostess goes out of business, they'll need more help and get picked up when the Hall gives them a call.
Here's the key thing...
The union already made a lot of concessions. To the point where they were the lowest paid people in their industry. And the company used those savings (about 150 million dollars) to pay off investors andpay themselves bonuses.
Hence the term "loot". They looted the company. The capitalists looted it to the point that it couldn't survive and blamed it on the union and the stupid public fell for it.