Last Friday a judge approved a request from bankrupt Hostess to spend $6.2 million on employee bonuses to motivate its remaining workers to wrap things up as well as possible. $4.36 million goes to the remaining 3,200 non-executive employees. That's…
Posts tagged as “corporation”
Conservatives are leaping at the Hostess liquidation as affirmation of their anti-union worldview. Organized labor is killing Twinkies and 18,500 jobs, thus shafting the little guy. Hostess certainly didn't shaft the big guys who drove the company into the ground:…
Governor Daugaard and certain Republican legislators like to scapegoat teachers. Daugaard and friends say we teachers aren't working hard enough. We need both incentives and kick in our collective bargaining pants to improve our performance. Governor Daugaard and his legislative…
For a moment there, I thought the Rapid City Journal had traded up. I'm not sure which columnist the Journal was replacing: Janette McIntyre (who apparently prefers Gordon Howie's Potemkin blog village, where her ill-thought, knee-jerk, but flimsy conservatism will…
The Madison Community Foundation faces an existential problem. It doesn't exist. The folks trying to sell Madison on a publicly subsidized thrift store have said that their million-dollar secondhand shop would be owned by the Madison Community Foundation. That organization…
I don't care how much Cherokee blood Elizabeth Warren has. The Democrat challenging rookie Republican Senator Scott Brown gets my blood pumping by challenging Mitt Romney and corporate personhood (hint, Matt): The Republican nominee, Mitt Romney, said, "Corporations are people."…
We've discussed earlier how RV-ing retirees are using Madison as a shell address to dodge taxes, in the process swelling our voting rolls and hindering local initiative and referendum. Madison is now host to another fun non-resident game: shelf corporations.…