The filing for bankruptcy of Twinkie maker Hostess revealed that successive managements had to deal with some 372 collective bargaining contracts, 80 health and benefits plans and 40 different pension plans.

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However, liberals are wrong to equate collective bargaining agreements with other contracts.

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This ability to reject or renegotiate certain contracts also extends to collective bargaining agreements with organized labor.

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Some employers may have it written in staff contracts, or have a collective agreement in place, that they will pay you if you cannot get to work due to circumstances beyond your control.

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Last-hired, first-fired agreements are not debt, but they are contracts which cannot be cleared and depending on the strength of the collective bargaining agent, have a high cost of breach.

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In studying the collective bargaining agreement, there are some seemingly conflicting provisions that govern the investigation of those previously approved contracts.

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