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Comments Posted By SallyT

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Time Out for O/T – Vol. 18

Kes, I think they were just Foster Children. But, I can see why they probably kept this under wraps during the election. However, if the air is knocked out of Rush, I’ll pass them the catsup!

» Posted By SallyT On November 18, 2012 @ 2:59 pm

Madoff took rich peoples money. That is a difference. You haven’t seen any of the others go to jail that took the “everyday little investor” money go. This is a corporation set up to operate across states. I am sure they already have a law firm that has criminal attorneys. Feds taking this case, well, they haven’t taken any of those others. I have been involved in a case even bigger than Hostess (I was witness for the First National Bank of Boston) and there is no justice for the employees I’m afraid. I don’t claim to know except from my own experiences. If that is of any value.

» Posted By SallyT On November 18, 2012 @ 2:43 pm

Okay, this is totally off topic of politics but I am watching on TCM the movie “Sex and The Single Girl” with Natalie Wood and Tony Curtis. Made in 1964. I remember when we asked to go to the theater to see it and a couple of my friends mothers wouldn’t let them go. Boy, have times changed! This movie is so mild in comparison to those now. But, my mother let me go. Did that make her less of a mother? Nope! And, I remained “pure” until I married. However, when I became a Single Girl after my divorce…..well, that’s another story, or book, or movie. 😉

» Posted By SallyT On November 18, 2012 @ 2:25 pm

Sue, I was party to putting one such man in pension but that was way back in 1983. They have gotten way better at avoiding such prosecution now. An investigation may turn up something but I’d be real surprised to see anyone put up the money to prosecute. We are talking high price attorneys. They already have those. The only ones making money here on out are attorneys. You won’t have any problem finding one to take the case if they see money to be had. The creditors may have claim to any money paid out in the last 6 weeks. That money would have to be paid back to the estate by those that received it. (This time frame may have changed. I haven’t been involved in bankruptcy court for some years now. I appeared in over 40 for creditors!)

» Posted By SallyT On November 18, 2012 @ 2:08 pm

As they say in the industry, the milk cow has gone dry. They have bled it and to help get out of the carcass they have baited the unions to take the fall for them. Ripplewood Holdings had no intentions of investing in the company continual operations. They borrowed against it assets and negotiated pay cuts with the unions but never to use the money to keep the company operating long term. The money was for their own self interests. They have many ways of adding costs to the company’s operations such has high managing salaries. (There is a lot of money in bankruptcy including carrying the loss over in tax write-offs for the next 10 years for Ripplewood. Yes, Romney does that, too.) In my experience with such operations, it takes about 3-4 years to destroy. Hostess lasted a little longer. If the unions (although the Teamsters did) had given in again, it could have gone on a while but not for long. Ripplewood has privately been dealing with interested parties to take over the remaining assets, such as brands. Some will be picked up. Hostess originally was having problems with a changing consumer demand in product choice and looking for healthier products. Also, competition with large outfits as the major supermarkets and Costco having their own bakeries. That was one of the main reasons for the original bankruptcy. Ripplewood knew this and saw Hostess as a source of capital for their own interest. Not for any employees or longevity of the company itself. The remaining creditors will go along with liquidations to get something out of anything left. It cost creditors money in legal fees to monitor bankruptcy and they don’t like adding to their losses. Employees have Priority Unsecured Claims for 180 days prior pay. Of course all Secured Claims will come first and after the attorneys and court cost. If there is a pensions fund, that will be divided according to age and those down the line may see nothing. This is how these beast work and destroy. Chapter 11 with owner in possession usually means that the company is truly trying to continue by easing its debts. But, if a private equity company gets in there, the company has then become terminally ill and the death watch begins. I saw many a company go under and loyal dedicated employees left with nothing but memories.

» Posted By SallyT On November 18, 2012 @ 1:18 pm

AB, I hope Current doesn’t sale but I am sure it is hard to compete with the big guys when you don’t take advertising money from the oil companies. Gore refuses to advertise for them. Maybe they are just seeing if there is anything worth while in any of the offers. Personally, I think the channel is getting better all the time. I love Stephanie in the morning. Sure beats Morning Joe!

“Current has been approached many times by media companies interested in acquiring our company,” CEO Joel Hyatt told The Post. “This year alone, we have had three inquiries. As a consequence, we thought it might be useful to engage expertise to help us evaluate our strategic options.”

http://current.com/community/93941750_current-tv-for-sale.htm

» Posted By SallyT On November 18, 2012 @ 12:29 pm

Nirek, I am so glad that we all have your Senator Bernie Sanders! He is the only one I believe about Social Security, therefore, he is the only one I listen to. He will fight for it and defend even if he has to go up against the President. Bernie Sanders is the example of how an older, experience Senator should be. McCain is an example of the contrary and is a cantankerous waste of a senate seat.

» Posted By SallyT On November 16, 2012 @ 4:32 pm

Papa John’s finally gets some love for its stance against Obamacare

Rebooting America, a small but vocal group formed after the Nov. 6 election, has designated Friday as National Papa John’s Appreciation Day. The announcement was made in support of Papa John’s CEO John Schnatter’s recent statement that the Affordable Care Act may prompt the pizza chain to raise prices and cut employees’ hours in order to keep them from qualifying for health care.
Through the Twitter hashtag #IStandWithPapaJohns, the group is urging people to rush out and buy Papa John’s pizza to show support, and to oppose the onslaught of social media attacks and informal boycotts of the chain as a result of its position.
As of Friday afternoon, the organizers claim to have connected with some 20,000 participants nationwide, with comments flooding the Facebook page of the “buycott” and the Papa John’s page itself.

Denny’s corporate office, however, responded to Metz by issuing its own statement: “Comments from an owner of multiple franchises including Denny’s regarding his plans to offset the expected costs associated with the Affordable Care Act were recently brought to our attention. While we respect the decision of an independent business owner to speak out on this topic, these statements do not capture the respect by Denny’s, the Denny’s Franchisee Association or our franchise community at large for our hardworking employees or for our valued customers.
“We will continue to monitor the developments of the Affordable Care Act and any other legislation that may impact our team members, franchisees, employees and guests,” it continued, “and will do the right thing as individuals, as a company and as a brand.”

» Posted By SallyT On November 16, 2012 @ 4:18 pm

KT, I am really impressed that they are really trying to deal with this right from the get go. I hope it works!

» Posted By SallyT On November 16, 2012 @ 3:24 pm

This is a great article! Please read. I’d highlight parts here but really you should read the whole thing.

The Corporate Blackmailing Of America Is Now All the Rage

Never mind that tips are the lifeblood of restaurant workers whose hourly rate of pay is often below the minimum wage. These are, after all, the people who voted for Obama, right? If they had only taken the directions provided by their employers and voted for Mitt Romney, could this not all have been avoided? Clearly, these people who earn too little to afford health insurance for their families but too much to qualify for Medicaid deserve to be punished for wanting basic healthcare for their families and casting their vote accordingly.
The efforts to blackmail the people of the United States into doing the bidding of these businesses does not end with the cheap food emporiums and their mission of pushing fat calories to anyone foolish enough to eat this stuff.

We can now welcome the energy industry to the party.According to Kharey Cauthern of the American Petroleum Industry, “With new taxes, U.S. oil and gas investments are less attractive and foreign projects more attractive. That’s an invitation to push American investment and jobs overseas.”

To drive home their blackmail efforts, the industry has launched a television and print campaign telling us what is going to happen to our jobs if we remove their subsidies.

Restaurant owners who whine about paying the cost of their employees’ health care are leaving it to you and I to do the job for them with every monthly health insurance premium we pay, thereby subsidizing their bottom lines whether we buy their products or not. How is that not corporate welfare? Oil companies who threaten to take their jobs and go elsewhere if we dare to cut back on their research and development subsidies, all the while pointing the finger at single mothers who get government help.

If these companies are permitted to get away with this effort to hold hostage their employees—and the American public at large—in order to get their way because they lost an election…or if they can successfully threaten to pick up their ball and take it to a different field because we might just ask them to forgo some R&D subsidy money for the national betterment…America has a problem far more dramatic than paying an extra fifteen cents for a slab of carbohydrate drenched in sugar filled tomato sauce and then covered with artery clogging meat.

Let’s see how Papa John’s profits hold up when the millions of Americans who re-elected Barack Obama makes a few choices of their own and support pizza restaurants who treat the employees that make the businesses work the way the law wants them to be treated.

http://www.forbes.com/sites/rickungar/2012/11/15/the-corporate-blackmailing-of-america-is-now-all-the-rage/

» Posted By SallyT On November 15, 2012 @ 8:05 pm

Sue, why wouldn’t you like to have good, happy, healthy employees? Turnover is one of the highest costs in maintaining a workforce. I guess good service for those coming and eating at their restaurants isn’t worth a few pennies more. This will cost them in the long run.

The average check at a Denny’s restaurant is $9, Metz said, meaning if the surcharge was implemented, 45 would be added to the bill. The average bill at a Hurricane Grill & Wings location is $14.50, so the surcharge amount would be 72 cents.

» Posted By SallyT On November 15, 2012 @ 7:43 pm

Glenn, according to Forbes this would be a .4 to .7% expense increase or 3.4 to 4.6 cents per pizza increase. This guys take home pay in 2011 was 3 million dollars! He hold 297 million dollars in stock. This guy is evil!

» Posted By SallyT On November 15, 2012 @ 7:26 pm

Now this is something I didn’t think I would see but I think it is great for those that enjoy!

A Guide to Legal Marijuana Use In Seattle, by Seattle P.D.

http://therearenosunglasses.wordpress.com/2012/11/15/a-guide-to-legal-marijuana-use-in-seattle-by-seattle-p-d/

» Posted By SallyT On November 15, 2012 @ 7:08 pm

Kes, his guest house is worth $7 million! He needs a moat!

» Posted By SallyT On November 15, 2012 @ 6:47 pm

If you ever needed to see an angry old white man, look to McCain. The Sarah Palin pick by him for second in command should have eliminated John McCain as a source of intelligent thinking. The old fart should just keep his opinions to himself and fade away. Instead he is just looking like a vengeful, hateful, loser. Sad in a way.

» Posted By SallyT On November 15, 2012 @ 6:35 pm

Someone needs to GRAND SLAM this guy upside the head! I haven’t eaten at Denny’s in years and now I never will again. Some other restaurant should start advertising that they like healthcare for their employees. And, the same goes for the pizza dude! AHOLES!

Denny’s Owner John Metz to Charge Customers 5% ‘Obamacare

“If I leave the prices the same, but say on the menu that there is a 5 percent surcharge for Obamacare, customers have two choices. They can either pay it and tip 15 or 20 percent, or if they really feel so inclined, they can reduce the amount of tip they give to the server, who is the primary beneficiary of Obamacare,” Metz told The Huffington Post. “Although it may sound terrible that I’m doing this, it’s the only alternative. I’ve got to pass the cost on to the consumer.”

The following is a picture of the owner of Papa John’s house! This guy is such a jerk!

[img]http://ts2.mm.bing.net/th?id=I.4903333008114541&pid=15.1[/img]

» Posted By SallyT On November 15, 2012 @ 6:03 pm

😆 xactlee!

» Posted By SallyT On November 13, 2012 @ 11:56 pm

Support For Repealing Obamacare Plunges To An All-Time Low

As a new Kaiser Family Foundation poll reports, the majority of Americans don’t support repealing Obamacare. In fact, after the presidential election, the number of Americans advocating for a full repeal of the health reform law dropped to an all-time low at just 33 percent — compared to nearly half of Americans who would rather keep the law in place:

[img]http://thinkprogress.org/wp-content/uploads/2012/11/obamacare-repeal-low.png[/img]

http://thinkprogress.org/health/2012/11/13/1182431/repealing-obamacare-all-time-low/

» Posted By SallyT On November 13, 2012 @ 11:46 pm

[img]http://crooksandliars.com/files/vfs/2012/11/secdee%20from%20the%20union.jpg[/img]

» Posted By SallyT On November 13, 2012 @ 11:36 pm

KQ, I have lots of cartoons on this for Sunday. I hope they will at least let you laugh at it all.

» Posted By SallyT On November 13, 2012 @ 11:08 pm

Gee, Bito, I just thought you were so excited that “O”bama won! 😉

» Posted By SallyT On November 13, 2012 @ 9:04 pm

Glenn, what a dumb butt. Romney a poopy head? Is that Kindergarten for saying Romney has shit for brains? 😉

» Posted By SallyT On November 12, 2012 @ 9:44 pm

Nirek, thank you for your service and I hope you had a peaceful day. War is big money for many industrial companies, let alone the weapon and equipment manufacturers. Halliburton has done very well in Iraq. I am surprised at how much has been turned over to private industry that once was done by the military. But, I am glad that you came back from your time in the service during some of the darkest times. Again, thank you!

» Posted By SallyT On November 12, 2012 @ 6:48 pm

I don’t know about horse racing, Bito, but there are a lot of them on the other side that look like the horse’s ass. Great tho for Planned Parenthood!

» Posted By SallyT On November 11, 2012 @ 9:14 pm

Is this suppose to make me feel bad because I voted for President Obama and his nose job? And, does it make those that didn’t vote for him seem smarter? Well, didn’t work. They still look, sound, and smell stupid! And, if the President had had a nose job, I think he would have removed the mole if he was so concerned about his looks. Bleaching his skin color? These guys miss Michael Jackson way too much!

» Posted By SallyT On November 11, 2012 @ 9:09 pm

Yah, Sherlock, and China holds the second mortgage!

» Posted By SallyT On November 11, 2012 @ 5:04 pm

Yah, Sherlock, and they wear TShirts that say, “The Spotted Owl is a Chicken Hawk” and “Kick a Tree Hugger and Win a Chainsaw”.

» Posted By SallyT On November 11, 2012 @ 5:02 pm

LOL KT, I think those oil companies there in TX might not losing those oil subsidies, too. Mexico might just invade TX and take it back. Those Texans didn’t do so well the last time. Remember the Alamo!

» Posted By SallyT On November 11, 2012 @ 3:27 pm

But, he’s not brave enough to say the name of his business? I’d like to know to make sure I have no business with or give business to him! Just because you don’t want your employees to have healthcare. He wants his business to be around for years to come but could care less about his employees having medical coverage so they can be around for years to come. Selfish AHOLE!

» Posted By SallyT On November 11, 2012 @ 2:21 pm

Stupid! I think I know just where to find those 324 in Oregon.

» Posted By SallyT On November 11, 2012 @ 2:14 pm

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