There has been plenty of discussion on the blogs concerning our status. Check out Sound investment or irresponsible debt? by Bill Holmes of HighBoldtage and EVERGREEN PULP: Closing for good? The Humboldt Herald. Be sure to check out the comments.
I have been in contact with local labor leaders and will be meeting with some tomorrow over proper protocol for Evergreen workers to enter local union trades. I encourage workers to hope for the best but be prepared for the worst. This may be the time to really consider using the training available to have a new vocation. When/if the Pulp Mill starts, you will have to make a decision on where to go career wise.
I have also been in contact with a local insurance provider who may be able to write insurance to fill the gap of our unemployment for under $200 a person as opposed to the over $500 for Cobra. I will be calling the membership when I have a meeting set up. We have until Nov. 30th unless I am able to have Attorneys get us an extension per WARN ACT violation.
I have had local financial experts examine the financial transaction of the sale of Evergreen (Lee & Man Paper Manufacturing Ltd.) and what I am hearing so far is not all positive.
To top it all, I am sure you all have received your 401k Quarterly statement from Principal Financial Group for the 3rd Quarter. I lost $4,600 this last three months and have been losing over $1,000 per month for the year. (Well over $10,000 this fiscal year) Don't even want to see my loses for the 4th Quarter of 2008. Most of my account is in Large U.S. equity. (High risk)
Councilmember Mike Newman report on League of California Cities’ Legislative Action Day - Council Member Mike L. Newman joined nearly 200 city officials from throughout California in Sacramento on April 23 for the League of California Cities’ Le...
2 hours ago