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Posted

http://www.breitbart...Avoid-Obamacare

 

"While it is of course the college’s preference to provide coverage to these positions, there simply are not funds available to do so," said CCAC spokesperson David Hoovler. "Several years of cuts or largely flat funding from our government supporters have led to significant cost reductions by CCAC, leaving little room to trim the college’s budget further."

 

The solution, says United Steelworkers representative Jeff Cech, is that adjunct professors should unionize in an attempt to thwart schools seeking similar cost-savings efforts from avoiding Obamacare.

 

So how exactly does the act of unionizing magically create more money for payroll and benefits?

Posted

So how exactly does the act of unionizing magically create more money for payroll and benefits?

 

It doesn't.

 

all it does it put the school in a worse position financially, with a good chance of failure (where everyone loses their jobs)

 

but hey, at least you'll belong to a union.

 

.

Posted

The taxpayers are the ones stuck supplementing these low paying jobs with food stamps and other benefits.

 

Is that meant to imply that we're better off with taxpayers being stuck funding tens of billions of dollars in union generated pension liabilities?

Posted

Walmart doesn't offer pensions. They do however take advantage of taxpayers and force us to supplement their workers' income with various types of welfare. In California alone an estimated $86 million of taxpayer money goes to pay for these programs (food stamps, school lunches, low income housing, etc) for Walmart employees.

 

Do you have a link?

Posted

Walmart doesn't offer pensions. They do however take advantage of taxpayers and force us to supplement their workers' income with various types of welfare. In California alone an estimated $86 million of taxpayer money goes to pay for these programs (food stamps, school lunches, low income housing, etc) for Walmart employees.

Of course they don't. Few companies in the private sector offer their employees pensions. Those defined benefit plans are almost only offered in the public sector - because of the union-elected officials game of footsie - the tax payers have to foot the bill. We pay those unfunded liabilities with our tax dollars. Private companies can't afford those kinds of guarantees in perpetuity to their retirees.

 

Walmart does have a 401k plan wherein they match up to 6% of the employee's contributions. The evil bastards.

Posted

That's better than where I'm working. Not by much, but it is better.

 

Every company is different. I put 6 into mine now, but will increase it to 10 next year.

Posted

Every company is different. I put 6 into mine now, but will increase it to 10 next year.

 

Two jobs ago it was match the first 3%, then half of the next 2%. Where I am now, they will match half of first 6%.

Posted

Come January, no one is safe.

 

 

Moonbats’ remorse: for shafted Obama voters, repenting comes early

 

Sin in haste, repent at leisure.

 

One of the few silver linings in the dark cloud of Obama’s re-election is that millions of moonbats and Beautiful People who voted this month to continue our long national nightmare are now discovering, much to their chagrin, that they’re as screwed as all the “bitter clingers” who still go to church on Sunday.

Not that it was any big secret, but it’s asking an awful lot of the dumbed-down modern electorate to pay attention to its own best interests.

 

Of course tens of millions of Obama’s votes came from the people he likes to describe as “working families,” most of whom aren’t families and almost none of whom have worked since Lyndon Johnson. This is the freebies-for-freeloaders crowd. Think the Obamaphone woman in Cleveland.

 

Mitt Romney used to say they lived in “Kennedy country.” Then he called them the 47 percent. Now he says they like “gifts.”

 

I know, the liberals tut-tut that the gimme girls ’n’ guys pay taxes too — the sales tax, mainly, on cigarettes and their 40-ouncers. Their theme song is from “West Side Story”: “America,” as in “Everything free in America.”

 

But as strange as it seems, a plurality of Obama voters probably have real jobs, some even in the Dreaded Private Sector. Man, are they in dire straits.

 

Take the instructors at Community College of Allegheny County in Pittsburgh.

Their hours are being cut back so the college can get around Obamacare. All you teachers, hope you enjoy being adjunct professors, because you ain’t getting tenure anytime soon. Wonder who they all voted for on Nov. 6?

One story had a quote from a CCAC English instructor who had a “vague hope” that his health care insurance costs would be going down under Obamacare.

Now, not only is he not going to be eligible for full insurance, he’s taking a $600 a month pay cut because of his reduced hours.

 

I have a “vague” feeling he’s not too happy.

 

Fortunately, all the “womyn’s studies” instructors at CCAC can pick up their insurance by getting jobs at, say, Olive Garden. But wait, I forgot — many fast-food and supermarket chains are also cutting back to work weeks of 29 A hours maximum.

 

(Employers have to provide health insurance to anyone who works at least 30 hours.)

 

Part time is the new full time,” Michelle Malkin wrote.

 

Now the limousine liberals in Congress are clamoring that they may have to “revisit” Obamacare, to stop all these evil corporations (and nonprofits) from switching everybody from employee to contractor.

 

Which just means that U.S. companies will stop hiring, period. Except for the manufacturers, who’ll just outsource even more of their production to China.

Just ask Jeffrey Immelt, the boss of GE, who at press conferences of the White House “Jobs Council” plays Ed McMahon to Obama’s Johnny Carson.

Remember when a 4 percent unemployment rate was a “jobless recovery?” Those were the good old days.

 

 

But letting Obama flush the economy down the toilet was worth it, wasn’t it, to screw all those millionaires and billionaires.

 

You know, like George Lucas. Only thing is, he just sold his Star Wars studio to Disney for $4.05 billion to beat the Jan. 1 tax Armageddon. By some accounts, Han Solo’s real father will be saving more than $200 million.

 

 

http://www.bostonherald.com/news/columnists/view/20221125moonbats_remorse_for_shafted_obama_voters_repenting_comes_early/srvc=home&position=1

Posted (edited)

Walmart doesn't offer pensions.

Um, yes, they do. They offer defined contribution pensions, which allows everyone to know exactly what the benefit cost is right now because they have to put the cash into the kitty right now.

 

They just don't offer defined benefit plans (at least not to most employees), which are an irresponsible relic of an age where people assumed there was no risk in financial markets and that the size of the workforce would always be many times larger than the size of the retirement community. Then people starting living longer, unions starting forcing larger promised benefits and earlier retirement ages, and never thing you know, there are unfunded pension obligations all over the place. What do you think happens when some company runs up tens of millions in pension promises and then goes belly up?

 

Unlike the endless cycle of corruption created by politicians and union bosses that has destroyed our public fiscal health, private companies and evolved to a more manageable system of retirement plans. Why don't you try researching the size of the unfunded retirement promises in NYS and tell us what you think we ought to do about that? Is that the model you think the private sector should be following too?

 

 

In California alone an estimated $86 million of taxpayer money goes to pay for these programs (food stamps, school lunches, low income housing, etc) for Walmart employees.

Nice red herring. And how much does WalMart contriubte to the State of CA in the forms of property taxes, payroll taxes, income taxes, franchise taxes, etc., etc., etc.? It's not WalMart's responsibilty to make sure its PT employees have other jobs. Either they are following CA laws or they are not. I'm sure CA is paying attention.

 

But that $86MM would probably be enough to fund CA's public employee pension obligations for what, a week?

Edited by KD in CT
Posted

Come January, no one is safe.

 

http://www.bostonher...home&position=1

You know, like George Lucas. Only thing is, he just sold his Star Wars studio to Disney for $4.05 billion to beat the Jan. 1 tax Armageddon. By some accounts, Han Solo’s real father will be saving more than $200 million.

 

Maybe this should go in the "You Know What We Need?" thread. ;)

Posted

Um, yes, they do. They offer defined contribution pensions, which allows everyone to know exactly what the benefit cost is right now because they have to put the cash into the kitty right now.

 

A defined contribution plan is not a pension.

Posted

An update....

 

http://www.syracuse....t_river_default

NEW YORK (AP) — The future of Twinkies is virtually assured. Hostess Brands Inc. got final approval for its wind-down plans in bankruptcy court Thursday, setting the stage for its iconic snack cakes to find a second life with new owners — even as 18,000 jobs will be wiped out.

The company said in court that it’s in talks with 110 potential buyers for its brands, which include CupCakes, Ding Dongs and Ho Hos. The suitors include at least five national retailers such as supermarkets, a financial adviser for Hostess said. The process has been “so fast and furious” Hostess wasn’t able to make its planned calls to potential buyers, said Joshua Scherer of Perella Weinberg Partners.

....

The update on the sale process came as Hostess also received approval to give its top executives bonuses totaling up to $1.8 million for meeting certain budget goals to bring down costs during the liquidation. The company says the incentive pay is needed to retain the 19 corporate officers and “high-level managers” during the wind down process, which could take about a year.

Two of those executives would be eligible for additional rewards depending on how efficiently they carry out the liquidation. The compensation would be on top of their regular pay. The bonuses do not include pay for CEO Gregory Rayburn, who was brought on as a restructuring expert earlier this year. Rayburn is being paid $125,000 a month.

Posted

Now it's NYC fast food workers.....

 

In Drive to Unionize, Fast-Food Workers Walk Off the Job

 

After three years of working at the McDonald’s restaurant on 51st Street and Broadway, Alterique Hall earns $8 an hour — and is yearning for something better. So when he heard about an unusual campaign that aims to unionize dozens of fast-food restaurants in New York in the hope of raising wages to $15 an hour, Mr. Hall, 23, was quick to sign on.

Posted

Heaven forbid Mr. Hall do something to improve himself so he was worth more than $8/hour.

 

Not to mention, Mr. Hall is going to be a little perplexed if the time comes that the union does get him $15/hour, only to find that $3/hour is pulled each pay period against his will to pay his union dues.

 

Let's not forget Ms. Archer:

 

Linda Archer, a cashier at the McDonald’s on 42nd Street just west of Times Square, said she wished she earned that much. She earns $8 an hour after three years there and averages 24 hours a week, she said, meaning her pay totals about $10,000 a year.

 

“I feel I deserve $15 an hour,” said Ms. Archer, 59. “I work very hard.” She said she hoped a union would deliver affordable health insurance and paid sick days.

 

She "deserves" $15 an hour (plus full benefits) for doing a job that a little-trained monkey can do? How about she find a second job if she's only working "very hard" 24 hours per week?

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