Donate
Freedom isn't free!
Please help stay online.


One Dollar Of Capital
Gear

Get Your Official FedUpUSA Gear Today!

FedUpUSA Gear

Get your TSA Not On Board Sign Stand Up For Your 4th Amendment Rights
In The Media

FedUpUSA YouTube Channel

The FedUpUSA Video

FedUpUSA Bear Stearns Protest Video

Karl Denninger on Capital Account 06/29/12

Karl Denninger on Dylan Ratigan 11/17/11

Karl Denninger on Dylan Ratigan 10/04/11

Karl Denninger on Fox Business 03/28/11

Stephanie Jasky at the National Constitution Center Civility In Democracy 03/26/11

FedUpUSA on Dylan Ratigan MSNBC 10/19/2010

FedUpUSA on Dylan Ratigan 10/7/2010

Stephanie Jasky's Interview With the UK Guardian How The Tea Party Movement Began 10/5/10

Karl Denninger on CNBC 7/9/2009

Karl Denninger on Glenn Beck 8/21/2008

David Middleton Coordinator of the Washington DC Toilet Bowl Protest interviewed by the AP

FedUpUSA Founder Stephanie Jasky interviewed on Plains Radio

FedUpUSA Founder Stephanie Jasky's article 912 Protest Washington DC - What Was It All About? as seen on The Right Side of Life
The Law Show

Sundays @ 11:00 AM Eastern on WJR
Helping Homeowners In Michigan

The Law Show
Categories
Calendar
November 2012
M T W T F S S
« Oct   Dec »
 1234
567891011
12131415161718
19202122232425
2627282930  

Archive for November 17th, 2012

No Ho’s For You! (Ho-Hos, That Is)

The union “movement” in this nation took a big fat movement of the bowel style yesterday when by refusing further concessions to a company already attempting to reorganize in bankruptcy they led it to make the decision to shut down.

Hostess, the maker of Ding-Dongs, Fruit Pies and the veritable Twinkie, the inanimate star of the movie Zombieland, is no more.

Thus we see another example of the markets at work, although I’m sure the “Capitalist Pig!” scream will be heard across the land by many a leftist this weekend.

The truth of course is that by shutting down those “Capitalist Pigs” make no more money either.  This is the nature of a bilateral “gun to the head” sort of negotiation; if you push two hard and either party shoots, both lose.

There comes a time, however, when that’s the right choice — when the position labor has placed management in becomes untenable, especially when it comes to benefits.  The underlying pressures are not, in the main, wages per-se — they’re the forward liabilities of retirement in pensions and particularly health care.

There are many who claim that these benefits were negotiated years or even decades before and are “inviolate.”  But that’s not really true, because they were negotiated for in bad faith.  The very people who engaged in those negotiations also have been part and parcel of the national “credo” of more for less, of leverage abuse, of government largesse and deficit, of monopoly and abuse of privilege that have driven the cost of those pensions to the moon.

It is one thing to negotiate a health care package for retirement that is expected to cost the firm $1,000 a year at the time you negotiate it.  It is quite another to then take public policy advocacy positions that drive the cost to $10,000 or even $20,000 years later while claiming that you’re still entitled to the original benefit — not the original price of the benefit.

One is just.  The other is fraud.

But since there is no means of separating the two when the public policy implications blow back on manufacturers like Hostess the result is that unions must face their own culpability (and accept the damage) in the outcome they advocated for and now are receiving, or they will be seeing many more Hostess-style results.

The worst offenders in this regard are the public-sector unions, who invariably advocate for political candidates and positions that intentionally drive this deficit spending and leverage expansion — but then argue they should be exempt from its consequence.

Sorry folks, life doesn’t work that way, as over 18,000 formerly-employed people just found out.

Discussion (registration required to post)
Share
Networked Blogs
Forum
Order
Tools and Resources
No More National Debt

By Bill Still
There is only one answer for the world economic situation; monetary reform.
1. No More National Debt
2. No More Fractional Lending


The 'official' page of Bill Still

Promote Your Page Too

A New Economic Game: "The Truth"

Filling in the Pieces
PDF PowerPoint

Congressional Patriots

Federal Reserve Balance Sheet

Paulson's Lies

Bernanke's Lies

FedUpUSA Archive

Mathematics of Failure

Media Kit

Door Hanger

Corruption Flier

Bank Flier

Made In America A list of products and services made right here in the USA. Choosing to buy American made products preserves and creates American jobs.
HRI PC
If you live in the Detroit Metro area, and need help with your small office or home office computers, servers, wired or wireless networks, or Android devices, go to HRIPC.com or send HRI PC an email with any questions you have. Prompt, reliable service is gauranteed.

HRI PC

Promote Your Page Too