In article ,
says...

On Wed, 21 Nov 2012 04:43:19 -0800 (PST), Tim
wrote:

http://www.bizjournals.com/triangle/...s-on-line.html

This lesson is NOT about unions. This lesson is all about the evils of
indebtedness. MASSIVE indebtedness, with minimal demand for the
product, and little or no capital improvement.

The massive indebtedness is due to the unions.