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11-16-2012, 01:29 PM
Harry Rex Vonner Wrote:Absolutely. That was exactly Obama's intended end result. And, that is the end result.
Another example of abuse of the system is the Solyndra bankruptcy.
In a bankruptcy, one of the paramount goals is to protect all creditors, as much as possible, from loss. As a part of the process, contracts, including union contracts, may be reaffirmed or rejected. If rejected, which is almost always the case (and I know this from being involved in many such bankruptcies), the contracts may be renegotiated in a way to help the company stay afloat or declred null and void. The purpose of the GM manipulated "bankruptcy" was to keep GM in business in a way that would protect all union contracts without change. And, that is what happened.
Thank you, I just wanted you to spell that out for the sake of clarity. To be honest, that was the first thought I had when Hostess made the announcement, would Obama step in and fund the pensions and help defray the cost of ObamaCare with taxpayer dollars?
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Messages In This Thread
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Stardust - 11-08-2012, 11:28 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Granny Bear - 11-08-2012, 12:14 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by judgementday - 11-08-2012, 12:30 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by WideRight05 - 11-08-2012, 12:35 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Stardust - 11-08-2012, 01:36 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Benchwarmer - 11-08-2012, 08:11 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Wildcatk23 - 11-08-2012, 08:21 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by WideRight05 - 11-08-2012, 08:28 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Wildcatk23 - 11-08-2012, 08:31 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by 4_real - 11-08-2012, 08:49 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by 4_real - 11-08-2012, 08:50 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by the other guy - 11-09-2012, 12:18 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by WideRight05 - 11-09-2012, 12:34 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by WideRight05 - 11-09-2012, 12:41 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by WideRight05 - 11-15-2012, 07:28 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Stardust - 11-16-2012, 11:09 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Harry Rex Vonner - 11-16-2012, 11:15 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Stardust - 11-16-2012, 11:18 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by TheRealVille - 11-16-2012, 11:30 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Stardust - 11-16-2012, 11:52 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Harry Rex Vonner - 11-16-2012, 11:59 AM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by TheRealThing - 11-16-2012, 12:12 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Harry Rex Vonner - 11-16-2012, 12:23 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by TheRealVille - 11-16-2012, 12:28 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Harry Rex Vonner - 11-16-2012, 12:41 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by TheRealThing - 11-16-2012, 01:04 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by Harry Rex Vonner - 11-16-2012, 01:22 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by TheRealThing - 11-16-2012, 01:29 PM
Vegas Employer: Obama WonâSo I Fired 22 Employees - by TheRealThing - 11-16-2012, 03:53 PM
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