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Thread: How will the union supporters spin the Hostess situation?

  1. #21
    Senior Member luvmylabs23139's Avatar
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    It's Michele Obama's fault. Twinkies are evil according to her. As ar as I'm concerned Twinkies are just gross, never liked them even as a kid.
    Hihope Hiland Heathen of Perth CD, RE, CGC, TDI

  2. #22
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    Quote Originally Posted by Buzz View Post
    Not sure how you can call it a "national healthcare plan."

    I am still amazed that a conservative approach to healthcare that was actually born at the Heritage Foundation is characterized as "socialism." I guess making folks take personal responsibility is socialism these days.
    Come on Buzz, under the current line of right wing thinking every type of insurance plan could be considered socialism. By the way, how is your state coming along in developing an exchange for private insurers to compete for customers? You know, the phantom "national health care plan".

  3. #23
    Senior Member Gerry Clinchy's Avatar
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    Trumka figures it's the fault of people like Romney and companies like Bain Capital:
    AFL-CIO President Richard Trumka, in a public statement today, said, "What’s happening with Hostess Brands is a microcosm of what’s wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor. Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price."

    Rush Limbaugh's assessment:
    Here it is November the 16th, 2012. Where are we today? I can sum it up for you very simply. Al-Qaeda is alive; Twinkies are dead.
    G.Clinchy@gmail.com
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  4. #24
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    Quote Originally Posted by Paul "Happy" Gilmore View Post
    I hear the same comments all the time about executives. Not unlike Union Employees', Executives also have contracts which they sign that guarantees them bonuses for everything from cost savings, stock prices to increases in sales. When they tell him to walk, they are still obligated to honor his contract. He did the same thing that the Union Employees' have done. He cost the comapany a lot of money and contributed to its' demise.
    The main difference with the Union worker getting fired and the Executive being told to leave. the union worker does not get any severance package where the executive does. At least not in my industry. Depending on why the union worker was terminated, they may or may not get unemployment either.

  5. #25
    Senior Member BonMallari's Avatar
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    How long will the Ding Dongs in my fridge last....no more fried Twinkies at the State Fairs.....I think that these items along with Reeses PB Cups are on RoadKill's basic food groups.....

    guess that means no baiting duck ponds with Wonder Bread anymore
    All my Exes live in Texas

    Quote Originally Posted by lanse brown View Post
    A few things that I learned still ring true. "Lanse when you get a gift, say thank you and walk away. When you get a screwing walk away. You are going to get a lot more screwings than gifts"

  6. #26
    Senior Member Terri's Avatar
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    I was going to say this had to all be the fault of a woman, but Luvmylabs said it first.

    Terri

  7. #27
    Senior Member Larry Thompson1's Avatar
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    Quote Originally Posted by Henry V View Post
    You are the only one "spinning" this issue and have conveniently placed the blame squarely on the union. So predictable. Right out of the echo chamber play book.

    I am surprised you did not work in "high taxes" and "over regulation" since these factors are the holy trinity of right wing ideology for everything that ails us.

    As has been explained here already, there appears to be a much more to this complicated story and there is plenty of blame to go around, including to the unions. Maybe Bain will come in and save the day, get rid of the union, reduce wages and benefits, continue to sell us junk food, and make a nice profit. Hmmm. Sounds like a good project for Mitt Romney since he is unemployed.
    WOW if Mitt's gonna do that I want some stock there. I know he's gonna turn a profit.
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  8. #28
    Senior Member BonMallari's Avatar
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    you might want to read this article about Hostess and their Democrat/Teamster/Dick Gephardt connection

    http://www.zerohedge.com/news/2012-1...winkie-tumbles




    Perhaps one of the most interesting aspects of the just announced Hostess liquidation, one that will be largely debated and discussed in the media, or maybe not at all, is the curious cast of characters and the peculiar history of this particular bankruptcy. Some may not be aware that the company's Chapter 11 (or colloquially known as 22) bankruptcy filing this January, which today became a Chapter 7 liquidation, was the second one in the company's recent history, with Hostess, previously Interstate Bakeries, emerging from its previous protracted multi-year bankruptcy in 2009. What is curious is that its emergence had all the drama of a anti-Mitt Romney PAC funded thriller, with a PE firm, in this case Ripplewood holdings, injecting $130 million in order to obtain equity control of Hostess as it was emerging last time. There were also more hedge funds, investment banks, strategic buyers, politicians involved in this particular story than one can shake a deep fried numismatic value Twinkie at. More importantly, however, as America has been habituated following the last season of the reality TV show known as the presidential election, if Private Equity then "bad." Only this time there is a twist: because it wasn't really PE that was the pure evil in the Obama long-term campaign, it was associating PE with Republicans, and thus: with jobs outsourcing. And here comes the Hostess twist: because Tim Collins of Ripplewood, was a prominent Democrat, a position which allowed him to get involved in the first bankruptcy process in the first place, due to his proximity with the Teamsters' long-term heartthrob Dick Gephardt (whose consulting group just happens to also be an equity owner of Hostess). In other words, the traditional republican-cum-PE scapegoating strategy here will be a tough one to pull off since the narrative collapses when considering that it was a Democrat who rescued the firm, only to see it implode in a trainwreck that has resulted in the liquidation of a legendary brand, and 18,500 layoffs.
    All my Exes live in Texas

    Quote Originally Posted by lanse brown View Post
    A few things that I learned still ring true. "Lanse when you get a gift, say thank you and walk away. When you get a screwing walk away. You are going to get a lot more screwings than gifts"

  9. #29
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    Hostess had been in financial trouble for the last 8 or 9 years. The workers have taken 2 pay cuts already, lost their pension, and lost most benefits. Now, from what I understand, they are being asked to take another 8% pay cut. At some point, the job isn't worth saving. Maybe they are at that point now.

  10. #30
    Senior Member luvmylabs23139's Avatar
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    When the union rules require 2 seperate trucks deliver wonder bread and twinkies to the same location it makes it rather hard to improve efficency and reduce costs.
    Hihope Hiland Heathen of Perth CD, RE, CGC, TDI

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