‘The Supreme Court is being asked to take up a bankruptcy dispute involving the Trump Taj Mahal in Atlantic City and to decide whether to restore the health and pension benefits of more than 1,000 casino workers’.
So 1000 casino workers – NOT worth $10 BILLION dollars (who pay taxes) vs 1 Donald Trump who IS worth 10 BILLION dollars (and doesn’t pay any taxes).
“On Sept. 9, 2014, Trump Entertainment Resorts, Inc., and its affiliated debtors including Trump filed a voluntary petition under Chapter 11 of the Bankruptcy Code,” the union told the justices’.
‘On Sept. 26, Trump filed a motion with the bankruptcy judge “seeking to reject the collective bargaining agreement and implement different terms proposed by Trump.”
Point #1 – The property is losing money.
Point #2 – Trump found someone to buy it but Trump had to get rid of the collective bargining agreement contract with the 1000 casino workers.
So 2 weeks after filing bankruptcy, Donald Trump amends the bankruptcy filing to void the labor contract.
‘Union officials and Trump’s representatives met twice to discuss a new contract, but were unable to agree. The bankruptcy judge then granted Trump’s motion on Oct. 17, 2014’.
Donald Trump gets the ‘deal’, voiding the labor contract with the 1000 casion workers and can now sell the property.
“Trump immediately implemented the changes in terms and conditions of employment that the Union had rejected’.
The 1000 casion workers who AREN’T worth 10 Billion dollars but DO pay taxes got the shaft from Donald Trump who IS worth 10 Billion dollars and DOESN’T pay taxes.
This is making America (read Donald Trump) Great Again.
From : http://digbysblog.blogspot.com/2016/05/more-trump-populism.html
From the Great people over at Little Green Footballs –