Quote (Santara @ 14 Oct 2014 21:13)
How about the tens of billions in unfunded pension and healthcare liabilities the unions should have lost in the GM & Chrysler bankrupticies only to keep them and garner major stakes in the corporations that emerged? That doesn't count for anything?
Quote (duffman316 @ 17 Oct 2014 10:31)
don't know the specifics here but why would you want all the union workers to lose their benefits that they've paid for all these years over a bankruptcy case? if anything when a company does go down under the employees should have first dibs on the left overs to make sure we don't have a large group of elderly folks with little to no money in their retirement years.
yes, these "benefits" are really part of their salary package these are wages that they have earned, when companies call them benefits they make them sound like a gift not a slice of the employee's wages.