On an April 22 conference call with municipal leaders in the Capital Region Council of Governments, Connecticut Sen. Richard Blumenthal said “at some time, we will have to face the need to tighten our belts” in order to pay for $2 trillion in federal bailouts. “When I say tighten our ...
Sen. Richard Blumenthal
The Fitch Files: Connecticut woodworking company becomes victim of national pension crisis, gets sued out of existence
Mark originally wanted a union shop so that J-Con Inc. could do business in neighboring New York and Rhode Island. He contributed toward his employees' pension fund with the carpenters union, along with health benefits and good pay. Little did he know that this would ultimately destroy his business.