Stock your preps with Twinkies now before it's too late!

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More on the Teamsters:


http://www.breitbart.com/Big-Government/2012/11/16/teamsters-cross-picket-line-fail-to-save-twinkie
Teamsters Cross Picket Line, Fail to Save Twinkie
by Mike Flynn16 Nov 2012, 6:57 AM PDT

..."The Teamsters, not exactly a shrinking violet, got a look at the company's books and realized the dire financial situation Hostess was in. ... The Bakers' Union ultimately accomplished what mere physics couldn't; they pushed the Twinkie past its sell-by date. ... They(Bakers' Union) want to keep having free stuff, paid for by mythical "other" people. "...
 

11b1776

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Union Organizations seem to have quite a bit of money, anyone heard of any of them purchasing a closing company and letting their loyal Union employees run it? They always think they can do a better job than their current management. I wonder why they do not try. I would suspect Hostess, Wonder Bread, and the Twinkie line would be pretty cheap to purchase right now. They could have it up and running Tuesday morning.

Troll post...
 
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Troll post...
Not quite understanding this comment, I was making a serious statement. In most cases when a company gets into finical trouble the unions are quick to point out management mistakes. I would think bargains could be had buying out these companies, and who would know them better than the union employees that had worked for them for years.

If all the ground work of starting a company had been done, equipment in place, and product recognition established, it seems all that is needed is new management which could be established by the new Union Company owner that purchased with pennies on the dollar. Using their better ideas for management they could keep their workers employed and share the profits. What is the problem with this idea?
 

RickN

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I hope Bimbo buys them, so I can utter the phrase, "I'm going out to get a Twinkie from the Bimbo store."

Personally if I were going to a Bimbo store, I would get a Suzy Q. :D

EDIT: I kept telling myself to let it slide but I can not because I know someone will make a really bad joke. You might want to look up the slang term twink and decide if you really want them from the Bimbo store.

Union Organizations seem to have quite a bit of money, anyone heard of any of them purchasing a closing company and letting their loyal Union employees run it? They always think they can do a better job than their current management. I wonder why they do not try. I would suspect Hostess, Wonder Bread, and the Twinkie line would be pretty cheap to purchase right now. They could have it up and running Tuesday morning.

The union leaders are making millions off their workers, why the heck would they want to work for a living?
 
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11b1776

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Not quite understanding this comment, I was making a serious statement. In most cases when a company gets into finical trouble the unions are quick to point out management mistakes. I would think bargains could be had buying out these companies, and who would know them better than the union employees that had worked for them for years.

If all the ground work of starting a company had been done, equipment in place, and product recognition established, it seems all that is needed is new management which could be established by the new Union Company owner that purchased with pennies on the dollar. Using their better ideas for management they could keep their workers employed and share the profits. What is the problem with this idea?


The same can be said for the company's, when there CEO's and board members make millions sitting behind a desk, but are the first to blame the unions for wages and benefits being to high. Here are the facts of this case;

They came out of there 1st bankruptcy in 2009 in more debt than they went in with. They received concessions from there lenders as well as the UNIONS.
The top executives of Hostess in 2011 gave theresevles pay increases of anywhere from 40%-300%, they stopped paying into workers pension plans. There market share kept getting smaller every year but they give theresevles huge pay increases, how's that reward for running into the ground.

"By late 2011, Hostess was getting, well, creamed. Its sales last year — $2.5 billion — were down about 11% from 2008 and down 28% from 2004. (Twinkies remain the best individual seller — 323 million of them in the 52-week period ending June 29, give or take a splurt.) Overall, Hostess lost $341 million in fiscal 2011, 2½ times the loss of the prior year — and by early 2012, primarily because of burgeoning interest obligations, its debt had grown to about $860 million."

http://news.gather.com/viewArticle.action?articleId=281474981760866

http://management.fortune.cnn.com/2012/07/26/hostess-twinkies-bankrupt/

http://blog.chron.com/lorensteffy/2...ecs-accused-of-padding-pay-before-bankruptcy/
 

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