The Day the Twinkie Died ~ 1500 strike . . . 18,500 get fired

[chibicascade]

Now we have to settle for cloud cakes, or whatever Little Debbie calls their brand.

 

[jgreiner]

Yeah, screw the unions. Boo to high wages, benefits, and pensions! We deserve the right to work for less! Well, thanks to ObamaCare, maybe they can all get two part time jobs and not worry about wages or benefits.

When you wonder why the middle class continues to shrink, consider your "screw the unions" mind set and wonder if that plays a part.

We don't need a screw the unions mindset. The unions are doing a fine job of screwing themselves, as this thread demonstrates.

 

[Wreaver]

Later this afternoon Obama is expected to blame the closing of Hostess on a youtube video.

 

[jbombelli]

Yeah, screw the unions. Boo to high wages, benefits, and pensions! We deserve the right to work for less! Well, thanks to ObamaCare, maybe they can all get two part time jobs and not worry about wages or benefits.

When you wonder why the middle class continues to shrink, consider your "screw the unions" mind set and wonder if that plays a part.

I guess it's better to drive your employer out of business with your greed, right?

 

[Stschil]

Yeah, screw the unions. Boo to high wages, benefits, and pensions! We deserve the right to work for less! Well, thanks to ObamaCare, maybe they can all get two part time jobs and not worry about wages or benefits.

When you wonder why the middle class continues to shrink, consider your "screw the unions" mind set and wonder if that plays a part.

Yeah, Hostess'a plight had nothing to do with the Union striking and demanding higher wages while the company they were demanding them from was in bankruptcy.... Nothing to see hear. Move along

On your side note: it takes a special kind of group to insist that a failing company continue to offer the same benefits to the same amount of employees and believe that there will be no ill effects. Screw the Union Bosses they knew what they were doing. They knew Hostess couldn't possibly emerge from Bankruptcy and continue as a viable company paying what they were demanding, they only wanted to squeeze as much as they could out of it before the gravy train detailed.

 

[Classic]

Later this afternoon Obama is expected to blame the closing of Hostess on a youtube video.

Oh. I thought it would be the Bush administration's fault.

 

[spec4]

This has happened over and over again. The fools screwed themselves out of a job. I have an in law who lost a 20 plus year job at a bakery when they moved to China. She can't understand how the union was the cause of the decision to bail. She complains that in subsequent jobs she didn't get the pay or benefits. She fails to realize what she had could not be sustained. Of course she supports the phony in the White House.

 

[yotewacker]

Hostess will close down due to stupid unions. Then reopen under another name with no union.

In our economy today, you cannot work 20 years and get paid for 40 years.

Meaning work 20 then, retire and get 20 more years free.

Same crap is what got GM in trouble. More people drawing retirement than working.

 

[drillsgt]

Where is the Twinkie Bail Out? I'm outraged! So you think you deserve a great wage, benefits, and a pension because you shove a stem into a pastry and fill it full of icing?

Why do entry level employees demand so much? Fire them and replace them with the thousands of folks begging for a job.

Exactly, this is factory work people. You're not going to live in Geist by being an unskilled worker as much as you might want to.

 

[iChokePeople]

Exactly, this is factory work people. You're not going to live in Geist by being an unskilled worker as much as you might want to.

Unskilled? Unskilled? You call squirting foamy stuff into cake "unskilled"?!

When angered, the invisible hand of the economy looks more like the fickle finger of fate.

 

[Birds Away]

Yeah, screw the unions. Boo to high wages, benefits, and pensions! We deserve the right to work for less! Well, thanks to ObamaCare, maybe they can all get two part time jobs and not worry about wages or benefits.

When you wonder why the middle class continues to shrink, consider your "screw the unions" mind set and wonder if that plays a part.

On a side note, the union makes an easy scapegoat, but Hostess already went through one bankruptcy and their current bankruptcy was filed for before the strike started. Do your own research and see where there debt lies and how their sales were going down due to a changing concerns by consumers (more health concerns, more vilification of sugar).

So in an environment of high competition for reduced demand the union answer is to go on strike to maintain artificially inflated pay and benefits? Reminds me of Cleavon Little in Blazing Saddles. "Stop or I'll shoot". "He's just crazy enough to do it".

 

[Super Bee]

If Obama would have had a snack cake it would have looked just like a Twinkie.

 

[melensdad]

Hostess will close down due to stupid unions. Then reopen under another name with no union.

In our economy today, you cannot work 20 years and get paid for 40 years.

Meaning work 20 then, retire and get 20 more years free.

Same crap is what got GM in trouble. More people drawing retirement than working.

I expect that Hostess will be broken apart and sold piece by piece. Every national baker that has tried to serve the low priced products market has failed. From what I can tell the unions have killed each and every one of them. The problem is their products are price sensitive and local and regional bakeries can make snacks just as cheap or cheaper. They can make cheap white bread just like Wonder Bread and deliver it cheaper. The regionals don't suffer under the same union pressure as the national bakers and tend to, when they are unionized, to have unions that understand you can't kill your employer.

 

[chizzle]

Shrug Hostess, Shrug.

 

[hooky]

I posted over in the other thread that twinkies (ho hos, ding dongs, wonder bread, etc...) will be back on the market within a year. The brands are the real assets of value and a competitor, or someone with the capital to do it, will snap them up and start producing them.

Can a striking person draw unemployment as the result of being fired for not showing up due to striking?

 

[iChokePeople]

Woody was right.

http://www.youtube.com/watch?v=M1vYj0E2Hr0

 

[jedi]

You reap with you sow, now if we can go over the financial cliff as well then unemployment and other entitlements get cut too.

But the biggest entitlement is "safe" from the finacial cliff. So we are still in trouble. (hint: think senior paycheck )

 

[drillsgt]

Does this mean there is going to be panic buying for Hostess products?

 

[printcraft]

Does this mean there is going to be panic buying for Hostess products?

I'm investing everything in GOLDen spongecake!!!!

I'm rich beotch!!!

 

[smokingman]

I am sure it had nothing to do with Gregory F.Rayburn,John Stewart,Michael Kafoure,Thomas Bartoszewski,Robert Campagna,Kent Magill,Robert Morgan,Steven Proscino,Jacques Roizen,or Richard Seban.
You know the top 10 executives who made more in last years bonus than the highest paid 8000 employees of the company made for the year.These ten men represent over 20% of employee compensation expenses.
That does not even touch the executive board or one of dozens of executive committees.

There is a point I would blame labor and the dispute,this is not it.Poor management=failed business,but the blame has to fall on someone may as well be the workers.If the workers are blamed in liquidation,then guess who picks up the Pensions?
The Federal Pension Benefit Guaranty corp.IE taxpayers.While the company is sold at a nice profit with 0 liabilities ready to make the new owners very wealthy.
If management was to blame then the company would still be required to pay the pensions,now they get to shift that expense to the taxpayer.Brilliant for stockholders though.