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Old 02-02-2018, 01:57 PM
 
Location: USA
7,474 posts, read 7,031,037 times
Reputation: 12513

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Quote:
Originally Posted by greywar View Post
LOL. isn't this the same company that managed to get rid of all of its pension obligations a few years back?
Yep.

https://www.bloomberg.com/news/artic...-fund-failures

"Sorry about your lost pensions - here's a comparable pittance to make up for it! Vote Trump, so we can raid your futures again in a few years!"

You can't fix stupid. When somebody in power who thinks only of their bottom line and themselves offers you "something for free," you should be very, VERY skeptical of them. Of course, now the deed is done, so take whatever crumbs are thrown your way and enjoy it, but don't be shocked when there are consequences.

It's a laugh. Whenever progressives expect any level of accountability out of big business, the far-right screams how "unfair" that is because "businesses exist only to maximize profit." Now, the same far-right suckers are thinking those same businesses are giving them freebies!

Trump's tax plan = Here's $20, but don't ask where your wallet went.
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Old 02-02-2018, 02:00 PM
 
52,433 posts, read 26,603,454 times
Reputation: 21097
Quote:
Originally Posted by Rambler123 View Post
Yep.

https://www.bloomberg.com/news/artic...-fund-failures

"Sorry about your lost pensions - here's a comparable pittance to make up for it! Vote Trump, so we can raid your futures again in a few years!"
They lost their Pensions under Obama's policies. Thanks for posting that.

Thankfully Obama and the Anti-American Democrat's war on the middle class is over with.


(acting like Nancy Pelosi won't do you any favors)
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Old 02-02-2018, 02:03 PM
 
Location: Texas
9,189 posts, read 7,594,686 times
Reputation: 7801
Only $500 to their 401K? That's it?
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Old 02-02-2018, 02:06 PM
 
52,433 posts, read 26,603,454 times
Reputation: 21097
Quote:
Originally Posted by fitzy24 View Post
Only $500 to their 401K? That's it?
In addition to their normal contributions. Democrats are such a sad bunch. All they can do is pimp poverty on people. Never happy when the the people benefit from a good economy.
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Old 02-02-2018, 02:37 PM
 
Location: Kansas
25,940 posts, read 22,089,429 times
Reputation: 26666
Quote:
Originally Posted by greywar View Post
LOL. isn't this the same company that managed to get rid of all of its pension obligations a few years back?
No, the company closed, and a little later sold to some company that buys at a low price and rebuilds. The new company has put tons of money into new equipment and upgraded everything. Many changes were made in an attempt to make the company profitable.

Quote:
Originally Posted by WaldoKitty View Post
They lost their Pensions under Obama's policies. Thanks for posting that.

Thankfully Obama and the Anti-American Democrat's war on the middle class is over with.


(acting like Nancy Pelosi won't do you any favors)
The new company with Hostess has been marketing big time outside the country and it has really helped them move forward. The pay is good (they e-verify) for our area where I believe is the largest of the remaining plants. I was happy to see this as this will mean a lot to employees here, most are people with families.

Quote:
Originally Posted by fitzy24 View Post
Only $500 to their 401K? That's it?
It is better than nothing, what did you get? They also do profit sharing to build the 401K.

Quote:
Originally Posted by WaldoKitty View Post
In addition to their normal contributions. Democrats are such a sad bunch. All they can do is pimp poverty on people. Never happy when the the people benefit from a good economy.
They are dragging bottom these days trying to continue to trash Trump, and we are only one year in!

The article from our news source here: Hostess rewarding workers with $1,250 bonus packages after tax reform - KVOE
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Old 02-02-2018, 02:38 PM
 
Location: Columbia, SC
37,170 posts, read 19,174,827 times
Reputation: 14875
Quote:
Originally Posted by skeddy View Post
Workers will receive the monetary bonus in the form of $750 in cash and a $500 contribution to their 401k.

Starbucks, Disney, Home Depot, JP Morgan Chase and others have announced wage raises, one-time benefits or other bonuses for employees.

UPS and Lowe’s on Thursday also announced changes. Lowe’s will expand benefits for employees and pay out bonuses of up to $1,000. UPS will boost pension funding as part of $12 billion in investments.

How come none of these workers ever got a dime when Obama was President?
Because Obama didn't need to buy votes?
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Old 02-02-2018, 02:40 PM
 
Location: PSL
8,224 posts, read 3,494,176 times
Reputation: 2963
Quote:
Originally Posted by WaldoKitty View Post
Trump keeps winning for the workers of America.

Obama and the Anti-American Democrat's war on the Middle Class is finally over.
Hey be fair... Obama promised change... and that's exactly what he delivered. Pocket change...
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Old 02-02-2018, 02:43 PM
 
Location: Gaston, South Carolina
15,713 posts, read 9,512,680 times
Reputation: 17617
They should have given them insulin, too with all those Hostess snacks.
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Old 02-02-2018, 02:44 PM
 
52,433 posts, read 26,603,454 times
Reputation: 21097
Quote:
Originally Posted by NY_refugee87 View Post
Hey be fair... Obama promised change... and that's exactly what he delivered. Pocket change...
Those workers at Hostess lost their pensions under Obama.
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Old 02-02-2018, 02:53 PM
 
7,827 posts, read 3,378,485 times
Reputation: 5141
Quote:
Originally Posted by skeddy View Post
Workers will receive the monetary bonus in the form of $750 in cash and a $500 contribution to their 401k.

Starbucks, Disney, Home Depot, JP Morgan Chase and others have announced wage raises, one-time benefits or other bonuses for employees.

UPS and Lowe’s on Thursday also announced changes. Lowe’s will expand benefits for employees and pay out bonuses of up to $1,000. UPS will boost pension funding as part of $12 billion in investments.

How come none of these workers ever got a dime when Obama was President?
$750?! Heh, crumbs compared to Nancy's $40 million, simply crumbs.
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