Thread: Lockheed Martin is laying off 123,000 workers just weeks before Christmas.

I got this in my E-mail today. Seems like we are do to pay out millions to hush this up till after the election.

At White House Request, Lockheed Martin Drops Plan to Issue Layoff Notices



Defense contractor Lockheed Martin heeded a request from the White House today — one with political overtones — and announced it will not issue layoff notices to thousands of employees just days before the November presidential election.


http://abcnews.go.com/blogs/politics...ayoff-notices/



The President is trying to hold off any announcement until after the election.
This will make a significant increase to the questionable 7.8 % Unemployment
number.


Lockheed 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
devastating for his reelection, 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! Do you have any idea how many millions that will cost the taxpayer?
Thank you Obama!!


This posting is from a defense contract newspaper called The Hill. You can read
the details below:


http://thehill.com/blogs/defcon-hill...ys-hell-block-
reimbursements-in-layoff-notice-fight
http://thehill.com/blogs/defcon-hill...ays-hell-block
-reimbursements-in-layoff-notice-fight

Thanks for the layoffs, obama....

No problem, we'll just print millions of more money to pay for the coverup.

Since the outcome of the sequestration process isn't "reasonably foreseeable," Lockheed and other defense contractors aren't obliged to send notices to anybody. And since Lockheed made it clear that more than 90 percent of the employees receiving those notices would not be laid off, even under its own hypothetical and hyper-hysterical scenario, the unlucky 1 in 10 won't even know who they are

http://www.ourfuture.org/blog-entry/...ed-if-it-works

It's not a guarantee they will...it all depends on how the sequestration process between LM and Congress goes...

Since this would be
devastating for his reelection, 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!

Most corrupt Administration ever. And, of course, the mainstream media will not cover this story.

Originally Posted by Krypt

http://www.ourfuture.org/blog-entry/...ed-if-it-works

It's not a guarantee they will...it all depends on how the sequestration process between LM and Congress goes...

they are simply trying to follow the letter of the law

http://www.dol.gov/compliance/laws/c...m#.UJKW86M4fyU

Never said they weren't...just stating that those jobs are not a guaranteed loss right now. Hopefully Congress will do the right thing...

Originally Posted by Marine1

I got this in my E-mail today. Seems like we are do to pay out millions to hush this up till after the election.

At White House Request, Lockheed Martin Drops Plan to Issue Layoff Notices

Now THAT is what I mean when I speak of the 'dishonesty of Obama'.

Originally Posted by Krypt

Never said they weren't...just stating that those jobs are not a guaranteed loss right now. Hopefully Congress will do the right thing...

pssst... Thats how we got in this mess to start with...

We dont have any money.

We can afford the 1 trillion dollar welfare bill we already have....

obama and pals cant keep promising money that does not exist.

Originally Posted by BestViewedWithCable

Thanks for the layoffs, obama....

You're right. We should continue paying them even if they aren't needed. Defense contractors deserve their socialized welfare spending, right?