Friday, October 26, 2012

Obama Administration Will Pay Companies to Violate the Law

WARN, We Don’t Need No Stinkin WARN Act  "So lets run down a few of the laws this administration has thumbed it’s nose at under President Obama’s tenure. There was the lack of concern for the bondholders when the auto industry was bailed out and GM and Chrysler we basically turned over to the UAW."

The Foundry;   "That’s worth saying again: The Obama Administration is encouraging people to violate a law, and promising that it will use taxpayer money to cover fines incurred from this action.
" The law: The law in question is called the WARN Act, and it requires that federal contractors send employees layoff notices 60 days before a plant closing or mass layoff.
"The inconvenience: Massive defense spending cuts under sequestration are scheduled to hit on January 2, 2013. Defense contractors affected by the budget cuts would have to issue notice letters to employees by November 2 (four days before the election) to meet the January 2 start date for the spending cuts.
"The penalty taxpayers would pay: Employers who violate the WARN Act are liable to their former employees for “back pay for each day of a violation” and “benefits under an employee benefit plan,” as well as a penalty of $500 for each day that notice has not been sent to the local government where the layoffs will occur."
....
"But this is no joke. This is the ultimate abuse of the President’s executive authority: inducing federal contractors to violate a federal law and promising to use taxpayer funds to reimburse them for any resulting liability that they incur for violating that law."  (emphasis added)

Hot Air Blog: Lockheed [Martin]: Sure, we’ll keep our workers in the dark about layoffs

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