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Topic: After Obama guidance, Lockheed won’t issue layoff notices this year |
After Obama guidance, Lockheed won’t issue layoff notices this year
The Hill [Washington, DC], by Jeremy Herb
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Original Article
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Posted By:KarenJ1, 10/1/2012 10:37:54 AM
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| Lockheed Martin said Monday it will not issue employee layoff notices this year, ending an election-year showdown with the Obama administration. The company said it based its decision on new guidance issued Friday by the Office of Management and Budget and the Pentagon. The guidance said the Pentagon did not anticipate killing any contracts on Jan. 2, the day automatic spending cuts are set to begin hitting defense spending. The guidance also said federal government would cover severance costs that are mandated under a federal layoff notices law. The decision by Lockheed means thousands won't get
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Comments: Well that's certainly a new way of phrasing it. 0bama guidance?? You mean King Barry issued his directive for what they can and cannot do?? I'm sick to death of this corrupt regime comprised of nothing but political hacks.
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Reply 1 - Posted by:
BaseballFan, 10/1/2012 10:41:22 AM (No. 8901923)
I can remember when I worked for a defense contractor (way, way back in the 1990s) when this sort of thing was illegal.
The face of corruption: Barack Hussein Obama.
But don't worry, Lockheed employees - he'll have "more flexibility" after the election.
/disgust off/
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Reply 2 - Posted by:
Attila DiMedici, 10/1/2012 10:52:27 AM (No. 8901962)
This sort of thing is still illegal. It is just that the consequences of going against King Barry in the eventuality he gets re-elected are much greater than the penalties for following the law in the case where he does not get re-elected.
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Reply 3 - Posted by:
kjack, 10/1/2012 10:52:33 AM (No. 8901963)
Wednesday, November 7, the day after the election, is going to be a literal bloodbath of pink slips. The Obamatrons will be wlll be stunned that they were misled and the "undecided" who sat this one out will have no one to blame but themselves.
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Reply 4 - Posted by:
kanphil, 10/1/2012 10:56:10 AM (No. 8901975)
This is going to cost Lockheed stockholders money. Furthermore, what guarantee does Lockheed have that Obama will not cancel contracts anyway if he gets the chance. I would hate to have my job hanging on whether Obama spoke the truth or not.
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Reply 5 - Posted by:
thomthomp, 10/1/2012 10:56:28 AM (No. 8901978)
The Administration says the Federal government will cover severance costs as a result of not following the law. Where does Obama get either the authority or the money to do this?
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Reply 6 - Posted by:
Opsimath, 10/1/2012 11:00:40 AM (No. 8901990)
Here, let me fix this headline: After Obama threat, Lockheed won't issue layoff notices this year
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Reply 7 - Posted by:
Frank Dunn, 10/1/2012 11:11:20 AM (No. 8902013)
Should read: The guidance also said taxpayers would cover severance costs that are mandated under a federal layoff notices law.
Obama-severance joins Obama-phones.
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Reply 8 - Posted by:
prospector4au, 10/1/2012 11:18:40 AM (No. 8902026)
Another headline: After Obama's threat, Lockheed will not announce HOW MANY layoffs will happen if Obama is re-elected......
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Reply 9 - Posted by:
starlady, 10/1/2012 11:19:52 AM (No. 8902028)
Workers for these contractors have been warned. If they vote for Zero they deserve a pink slip on the Wednesday after the election.
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Reply 10 - Posted by:
woodenleg, 10/1/2012 11:23:37 AM (No. 8902038)
"...guidance..." ?!?!?......Maybe a little Chicago style deal making.........BO's way, or else.
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Reply 11 - Posted by:
CEP, 10/1/2012 11:25:26 AM (No. 8902042)
"The guidance also said federal government would cover severance costs that are mandated under a federal layoff notices law."
There will be layoffs thanks to Obama just after the election and guess what, boys and girls, the taxpayer will be hit with covering severance costs of those layoffs.
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Reply 12 - Posted by:
globalwarmer, 10/1/2012 11:26:33 AM (No. 8902047)
OK, Mitt, send those aviation defense contracts to Boeing after you're elected.
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Reply 13 - Posted by:
miceal, 10/1/2012 11:27:30 AM (No. 8902049)
B-Ho's spokesfolks need to hammered with questions on this policy from now till election day...
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Reply 14 - Posted by:
TakeBackAmerica, 10/1/2012 11:28:04 AM (No. 8902054)
Corruption cum blackmail.
Typical.
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Reply 15 - Posted by:
qmcgs, 10/1/2012 11:28:26 AM (No. 8902056)
Is this the guidance? See in particular the second paragraph (bottom of first and top of second):
White House memo: http://www.whitehouse.gov/sites/default/files/omb/memoranda/2012/m-12-19.pdf
Read it yourself, but it seems to me they are telling the contractors to ignore the WARN act and the government will pick up the tab for any penalties or legal fees.
How is this not illegal? Where is the court challenge?
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Reply 16 - Posted by:
Srhea, 10/1/2012 11:33:31 AM (No. 8902066)
Obama = Chavez, both corrupt leaders!
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Reply 17 - Posted by:
Evocatus, 10/1/2012 11:37:42 AM (No. 8902073)
Is Obama and the rest of his flying monkeys in the White House sooooo stupid that they don't know that Defense Contractors and their employees are hanging on EVERY WORD of this debate? They can talk all they want to about not sending out the layoff notices for these blatantly political reasons -- but the employees SURELY KNOW that their jobs are on the line, on the chopping block, if the Obammunist and the rest of his Communists get back into the White House.
The Obammunist MUST get his pink slip on 6 November; you can be pretty sure the United States Marines will have to drag his sorry butt, kicking and screaming and clawing, out of the White House on 20 January.
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Reply 18 - Posted by:
oh-heck, 10/1/2012 11:44:49 AM (No. 8902089)
It is illegal for the federal government to threaten contractors with penalties if they obey the law.
It is illegal for the federal government to indemnify contractors for breaking the law.
Romney needs to make a stink and get someone to file a court challenge. He similarly needs to have someone sue the federal government for the delay to implementing the new penalties on Medicare Advantage until after the election.
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Reply 19 - Posted by:
Keekng, 10/1/2012 11:50:00 AM (No. 8902105)
Lockheed was a decent company back in the day.
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Reply 20 - Posted by:
Keekng, 10/1/2012 11:54:09 AM (No. 8902115)
It is still illegal, #1, but BamBam don't worry about no steenkin laws, his buddy Eric won't go after him and the Congress is spineless.
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Reply 21 - Posted by:
mickturn, 10/1/2012 11:56:46 AM (No. 8902120)
SO it's a faux non lay off notice, I get it.
You are so totally fired, no wait, you are back in, no out, no in, Oh, what the hell, you are in limbo dependent on crooked politicians to work out your life.
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Reply 22 - Posted by:
MattMusson, 10/1/2012 12:01:56 PM (No. 8902152)
"The guidance also said federal government would cover severance costs that are mandated under a federal layoff notices law."
BUYING VOTES WITH OUR $$$
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Reply 23 - Posted by:
snowoutlaw, 10/1/2012 12:02:43 PM (No. 8902155)
All this means is Lockheed is betting on Obama losing which would then mean the cuts will not be needed.
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Reply 24 - Posted by:
Dante, 10/1/2012 12:16:58 PM (No. 8902192)
There's more to this story, even Zero's supporters know he is a shameless, compulsive liar. No sane person would make policy based on his worthless promises, they must have some other incentive.
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Reply 25 - Posted by:
The Architect, 10/1/2012 12:18:03 PM (No. 8902197)
No layoffs before the election and the government with guarantee severence pay after the election. How incredibly coincidental!
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Reply 26 - Posted by:
jond, 10/1/2012 12:32:14 PM (No. 8902227)
The employees of Lockheed must be profoundly relieved.
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Reply 27 - Posted by:
Pam, 10/1/2012 12:42:16 PM (No. 8902265)
A bribe is a bribe is a bribe.
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Reply 28 - Posted by:
whyyeseyec, 10/1/2012 12:44:08 PM (No. 8902272)
#3 beat everyone to it. Win or lose, pinks slip will reign on November 7th.
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Reply 29 - Posted by:
Blue-Z-Anna, 10/1/2012 12:49:25 PM (No. 8902285)
We are no longer a 'Country of Laws'but rather a country of wusified, panty waiste, metros.
How do we explain to our criminal element that one must first be elected to high office before one can break the law with impunity ?
This is the stuff civil wars are made of.
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Reply 30 - Posted by:
melman, 10/1/2012 12:50:02 PM (No. 8902286)
Obama with the complicity of Congress has spent the US into ruin. The layoff's are unavoidable as the US is technically bankrupt. Until a way can be foumd to rid us of this massive debt and turn off the monopoly money machines of the Treasury it will only get worse.
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Reply 31 - Posted by:
pianogirl88, 10/1/2012 12:52:43 PM (No. 8902292)
Looks like BO is desperate to win Virginia. Let's hope that the rocket scientists who live in NOVA will see through this and vote accordingly on November 6th.
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Reply 32 - Posted by:
bighambone, 10/1/2012 1:09:45 PM (No. 8902335)
All this ensures that everybody who is employed by Lockeed Martin and other defense contractors knows all about this, and should take the possible layoffs into consideration before they vote on election day.
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Reply 33 - Posted by:
KTWO, 10/1/2012 2:43:58 PM (No. 8902522)
The Weasels win again. Or seem too, the workers and their families and friends will not be fooled.
But the escape route was always clear. Until the employer is told what exactly which contract is canceled or reduced and when he cannot know which workers will be laid off. Hence notification has no meaning.
So all Obama had to say is that he is obeying the law but details aren't quite worked out yet.
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