KK
Lifer
- Jan 2, 2001
- 15,903
- 4
- 81
Capt Caveman
Lifer
- Jan 30, 2005
- 34,543
- 651
- 126
Many have not been "spared". They have closed plants all over the country and thousands of Americans have lost their jobs.
Why do you hate America and fellow Americans?
You should leave since you hate them and it so much.
That your best comeback after being McOwned again?
I'm gainfully employed full time by a great company, probably paying more in taxes than you even earn. You're a loser ex-con who can't even hold onto a job, a wife, an investment, a business deal...looking for handouts on internet forums. I'm the backbone of America, you're the stench in the armpit. I'm a future asset of America, you're the future (and present) liability. You call yourself the most educated person on the internet, when you don't even have a college degree and I'd wager you're borderline retarded on an IQ test. So I'm not going anywhere, but I could provide 100's of reasons why you should GTFO. Shall we continue?
nobodyknows
Diamond Member
- Sep 28, 2008
- 5,474
- 0
- 0
I'm not sure what you meant.... hell I'm not sure YOU even know what you meant, but I have no problem with holding wrong doers accountable for their wrongdoing. I don't care who or where.
They weren't 110% screwed over as was originally intended by the Corporation and banks
12-11-2008 Chicago workers end sit-in at closed factory
CHICAGO ? With cheers and chants that echoed President-elect Barack Obama's campaign of change, jubilant workers agreed to a $1.75 million settlement that ends their six-day occupation of a shuttered Chicago factory that became a symbol of the plight of labor nationwide.
Republic Windows & Doors, union leaders and Bank of America reached the deal Wednesday evening. Each former Republic employee will get eight weeks' salary, all accrued vacation pay and two months' paid health care, said U.S. Rep. Luis Gutierrez, who helped broker the deal. He said it works out to about $7,000 apiece.
"We lost the jobs but we got something," said Lalo Munoz, who worked at the plant for 24 years.
About 200 of 240 laid-off workers began their sit-in last week after Republic gave them just three days' notice the plant was closing. The workers had argued that Republic violated federal law because employees were not given 60 days' notice. They vowed to stay until they received assurances they would get severance and accrued vacation pay.
Workers carrying sleeping bags left the factory late Wednesday amid cheers of "Yes We Can," a slogan that became part of Obama's campaign.
Gutierrez, an Illinois Democrat, said $1.75 million will go into an escrow account for the workers, $1.35 million of which came from Bank of America in the form of a loan to Republic.
New York-based JPMorgan Chase & Co. pledged $400,000 to use strictly for the protesting employees, Gutierrez said.
The workers are "very, very satisfied" with the agreement, said Mark Meinster of the United Electrical Workers union, which represents the employees.
"Hopefully this is an example for workers across the country that when things like this happen, you can step up, you can speak out, and you can win," he said.
"This money is not, under any circumstance, to be used for corporate bonuses, luxury cars or any other perk for the owners of the plant," Gutierrez said in a statement.
Republic officials did not return messages Wednesday from The Associated Press. Messages left seeking further details from JPMorgan Chase were also not returned.
12-11-2008 Chicago workers end sit-in at closed factory
CHICAGO ? With cheers and chants that echoed President-elect Barack Obama's campaign of change, jubilant workers agreed to a $1.75 million settlement that ends their six-day occupation of a shuttered Chicago factory that became a symbol of the plight of labor nationwide.
Republic Windows & Doors, union leaders and Bank of America reached the deal Wednesday evening. Each former Republic employee will get eight weeks' salary, all accrued vacation pay and two months' paid health care, said U.S. Rep. Luis Gutierrez, who helped broker the deal. He said it works out to about $7,000 apiece.
"We lost the jobs but we got something," said Lalo Munoz, who worked at the plant for 24 years.
About 200 of 240 laid-off workers began their sit-in last week after Republic gave them just three days' notice the plant was closing. The workers had argued that Republic violated federal law because employees were not given 60 days' notice. They vowed to stay until they received assurances they would get severance and accrued vacation pay.
Workers carrying sleeping bags left the factory late Wednesday amid cheers of "Yes We Can," a slogan that became part of Obama's campaign.
Gutierrez, an Illinois Democrat, said $1.75 million will go into an escrow account for the workers, $1.35 million of which came from Bank of America in the form of a loan to Republic.
New York-based JPMorgan Chase & Co. pledged $400,000 to use strictly for the protesting employees, Gutierrez said.
The workers are "very, very satisfied" with the agreement, said Mark Meinster of the United Electrical Workers union, which represents the employees.
"Hopefully this is an example for workers across the country that when things like this happen, you can step up, you can speak out, and you can win," he said.
"This money is not, under any circumstance, to be used for corporate bonuses, luxury cars or any other perk for the owners of the plant," Gutierrez said in a statement.
Republic officials did not return messages Wednesday from The Associated Press. Messages left seeking further details from JPMorgan Chase were also not returned.
As many said in here by selling off assets.
Hopefully that is the case and it is not just picked up and sent overseas.
unfortionally a way alot of businesses operate is on an operating loan, they don't use there own money, all the actual assets of the company are held outside the company so when the company goes belly up or is sued there is nothing there and the owners get to walk away with the profits.
They're not, they'll just file Chapter 7 bankruptcy. LULZ at B of A for loaning money only to get a big finger a week later.
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