How will the union supporters spin the Hostess situation?

[zeus3925]

If management would just grant ALL of da unions demands, they would be soooo much better off!!!

I would hope that management would not agree to all demands from "da Union". Frequently they do not.


Unions are there to negotiate not dictate. Labor contracts are reached through negotiation. As a negotiator --union or management--you never come away with 100% of your initial demands. Unions don't generally have enough clout to get everything. As it foolhardy for a union to kill the golden goose, it is also incumbent on management not to give away the store. The function of unions is to negotiate contracts where their members can make a decent living so that their basic needs can be met. Unions also are charged with negotiating work rules that that protect the health and safety of their members. Unions also serve as a conduit in resolving disputes in the work place.

After all, an employee is not a wage slave. He/She is a person that is deserving of dignity and respect. If that recognition existed to a greater extent in the work place then there would not be a need for a union. But in a world where CEO are paid 400X the basic workers pay, I can't understand the all the beef about unions.

[duckheads]

If management would just grant ALL of da unions demands, they would be soooo much better off!!!

We all know that if the company "management" would give the union all they ever wanted the company would be not only be profitable but flourishing today. Oh by the way I have a bridge in Port St Lucie, FL want to buy it?

When the union has to much say in how a company can run it's business that business is going to eventually become non profitable and non productive. Same problem with the schools and unions.

[menmon]

But the secular progressive professor's political bias is quite all right with you?

Who said it was bias. The proffesor got it right. Just business!

[twall]

ESOPs have hurt a many a worker....companies can borrow against the assets of the ESOP. When they fail the creditors get the assets in the ESOP instead of the workers they were intended for. Many a leverage buyout has been arranged by leveraging up the ESOP and then the company'd debt burden causes it to fail.

ESOPs are bad!!!!

Ahh...there are lots of bad things that can happen in companies. An ESOP, Employee Stock Ownership Pan, actually gives employees ownership in the company. While many may stay with that company until they retire, it is not a retirement program. When I leave this company, regardless of whether I retire or not, my shares will be bought back by the company.

In the interim lots of things could happen. This is a healthcare business. Obamacare could cut our reimbursements to the point we go broke. Our stock will be worthless. That would be bad.

Tom

[Uncle Bill]

Just waiting for more to follow.

UB

[zeus3925]

It ain't the only cupcake in town.

[menmon]

Bottomline....Hostess lost their creativity....easy to do when someone saddles you with debt

[huntinman]

It ain't the only cupcake in town.

Tell that to those 18,000 unemployed folks.

[menmon]

Ahh...there are lots of bad things that can happen in companies. An ESOP, Employee Stock Ownership Pan, actually gives employees ownership in the company. While many may stay with that company until they retire, it is not a retirement program. When I leave this company, regardless of whether I retire or not, my shares will be bought back by the company.

In the interim lots of things could happen. This is a healthcare business. Obamacare could cut our reimbursements to the point we go broke. Our stock will be worthless. That would be bad.

Tom

And the management in charge borrowers against your stock and when they fail...you have nothing. See you just half the story.

[Buzz]

Wrong thing to do if he wants a good grade. Never a good move.

I disagree. I'm not suggesting he challenge the professor in front of the class. I'm suggesting he take advantage of his professor's office hours to ask questions, challenge him respectfully, and try and understand where he is coming from. My bet, this interaction will most likely enhance his grade and his education.