The Choker wrote:This is what fear of the State looks like
“Nextel to cut 20% of jobs at Virginia headquarters”
In Past 48 hrs, following companies announded layoffs:
Caterpillar, CVPH Medical Center, Lightyear Haqwker Beechcraft, Westinghouse, Research in Motion, US Cellular, Commerzbank, Iberia, ING, Ericsson, Bristol-Myers, Corning, Boston Scientific, Abbott Labs and St. Jude.
Pepsi looking to layoff 4,000 workers
“Energizer Holdings Inc. will reduce its global workforce by more than 10 percent — or about 1,500 employees — as the company closes three manufacturing plants and streamlines other operations.”
“As Twitchy reported in September, the Obama administration made moves to encourage defense contractors to delay layoff announcements until after the election, offering to reimburse contractors for any legal costs incurred in not informing their affected employees. Lockheed Martin seemingly took the offer, and today, Boeing announced it would be cutting 30 percent of management positions.”
And, of course—–”Unexpectedly: Stocks Suffer Heavy Losses Second Straight Day After Election;Analysts Baffled”
Choker,
There is a remarkable amount of dishonesty in this post. You could have discovered it if you had chased down any of the citations, and we would have been in a better position to tell if the allegations were true or false if you had left the links in when you copied and pasted it. It appears to be from a site called
Legal Insurrection. If you go there, the links the author uses show how false the claims are. The worst of them is the line about "Pepsi looking to layoff 4,000 workers." The citation is to a story from Fox Business,
PepsiCo Looks to Juice Profits With 4,000 Layoffs, which is dated January 5, 2012, ten months ago. It is about how Pepsi wants to boost its bottom line by laying off workers and cutting its 401(k) contributions under pressure from shareholders concerned about its stagnant stock price. The Energizer Holdings story, which the original links to the
St. Louis Post-Dispatch, says that the cuts (which include a factory in Malaysia), are the result of a review of operations announced
back in August "amid sluggish battery sales and heightened competition in the razor category." The Nextel link is dead, but doesn't anyone remember that Sprint bought up Nextel back in 2004? There is no Nextel. This announcement was actually by a company called NII Holdings that sells mobile phones and services under the Nextel name exclusively in Latin America, not here in the U.S. And it made the announcement
before the election.
http://www.washingtonpost.com/blogs/cap ... _blog.html.
I didn't try to run down all the businesses in the omnibus paragraph, but I would love to see the actual evidence that these were due to the election. The quality of information conveyed on small right wing news sites (and then circulated by e-mail and on forums) is often deplorable. It pays to check if stuff is true before passing it on.
PST