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Lockheed Martin to layoff 123,000
#1
Lockheed Martin is going to lay off 123,000 defense workers due to Obama's downsizing of the military.
This hit the Drudge report yesterday.
This is true!

The law requires Lockheed to give 60-day notice to all to-be-fired employees within 60 days.
That drop dead date would be November 1st.
Since this would be bad for the election, Obama has promised that our government would cover all Lockheed severance packages to fired employees if Lockheed would not release the names and locations of those losing their jobs until after the election!

So our taxes are going to be on the hook to cover another Obama messed up election promise.

This posting is from a defense contract newspaper called The Hill.

Read details below:

http://thehill.com/blogs/defcon-hill/ind...hell-block

I did not see this run here yet and I thought this would be a good "Night before Elections" type of story.

God bless!!

PPP
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#2
Why would Lockheed lie to save Obama's job and not report on Nov 1?

It doesn't add up. Lockheed is no friend at all to the left.
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#3
Valorius;35887 Wrote:Why would Lockheed lie to save Obama's job and not report on Nov 1?

It doesn't add up. Lockheed is no friend at all to the left.

Because "under the radar" he promised to pay their costs if reelected. That was posted here awhile back.
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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#4
They do this shit every 3-4 years. nothing new. Just ask someone who works at lockheed how many times theyve had layoffs in the past decade.

What they do is they layoff their direct employees and rehire them as contractors on a contractual basis.
We should not forget that the spark which ignited the American Revolution was caused by the British attempt to confiscate the firearms of the colonists. - Patrick Henry

[Video: http://<a href="http://www.youtube.com/w...SVRrmo</a>]
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#5
bucksco;36002 Wrote:They do this shit every 3-4 years. nothing new. Just ask someone who works at lockheed how many times theyve had layoffs in the past decade.

What they do is they layoff their direct employees and rehire them as contractors on a contractual basis.

Yep every time you get a D.
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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#6
Actually, this is for real.

The huge mandatory defense cuts are supposed to kick in on Jan 2nd. What is it, $600 bn worth?

You bet your ass there is going to be utterly massive layoffs, and not just at lockheed.
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#7
Pocketprotector;36006 Wrote:
bucksco;36002 Wrote:They do this shit every 3-4 years. nothing new. Just ask someone who works at lockheed how many times theyve had layoffs in the past decade.

What they do is they layoff their direct employees and rehire them as contractors on a contractual basis.

Yep every time you get a D.

Wrong. The Newtown location had a lot of layoffs on several different occasions under Bush. Like I said nothing new for the people who work for LM.

Cutting the sacred defense budget is a step in the right direction imo.
We should not forget that the spark which ignited the American Revolution was caused by the British attempt to confiscate the firearms of the colonists. - Patrick Henry

[Video: http://<a href="http://www.youtube.com/w...SVRrmo</a>]
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#8
Cutting it by $600bn, while the right thing to do, is going to put tons and tons of people out of work.
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#9
Valorius;36018 Wrote:Cutting it by $600bn, while the right thing to do, is going to put tons and tons of people out of work.

It will also put a lot of troops that are in the sandbox in a very bad position because the Washington establishment tends to cut support first.
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"The problems we face today are there because the people who work for a living are outnumbered by those who vote for a living." Dan Cofall
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#10
Valorius;36018 Wrote:Cutting it by $600bn, while the right thing to do, is going to put tons and tons of people out of work.

Agreed. The DoD does not exist to be a jobs program for defense contractors and service industries around military bases.
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