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View Diary: Spirits were high at the Chicago Teachers Union(CTU) Strike HQ (97 comments)

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  •  If and until a corporation is dissolved (0+ / 0-)

    In the private sector, all debt is extinguished upon someone's death

    there is no "death" and the corporation's debts and other obligations are not extinguished unless discharged via bankruptcy.

    Good on you for opposing bailouts. I'll give props for that.

    Empathy? Sure. I work for a private coporation too.

    I work in the private sector. One day my company sent an email that said they were cutting our health plan to a less generous one. Another email later noted that they were phasing out the pension plan. In another company I worked at awhile ago, they were doing badly and unilaterally cut everyone's pay.

    There was no striking, no negotiation, just "if you don't like it, find another job" (not said in so many words, but that was the gist).

    That's how life is in the private sector now. You cannot ask private sector workers who themselves labor under these conditions to support and pay for salaries and benefits that they will never themselves see again

    Expecting "fairness"? That door swings both ways.

    "No man is rich enough to buy back his past." ~ Oscar Wilde

    by ozsea1 on Mon Sep 10, 2012 at 08:36:06 AM PDT

    [ Parent ]

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