RIP Hostess.

I just ate one and have to admit, I remembered them being a lot better. Seemed dry and tasteless.
 
18,500 workers out of work.
 
Yes, this is sad, but the majority of it was due to poor management and the union's demands. The factory (one of them) is a half a mile from my house. They've been striking for a week due to a second cut in pay that was approved by the bankruptcy judge. It's not as if they were reaping billions and screwing the employees over. This was the second pay cut they were going to incur; this one 8%. Benefits were going to be more expensive, and pension less. It added up to 20% less compensation. The employees refused and went on strike; which I can't say I blame them. However, the company gave them to option three days in advance to be at work by 5pm Thursday or the company liquidates. I'm sorry, but working on the hostess manufacturing line is not a $35,000 a year job. They should have never been paid as much as they were to begin with. I feel bad for the legacy of the company more than I do the employees. But, that blame has to fall on the shoulders of the unions first for demanding it, and management being irresponsible enough to agree to it when the first of these contracts were being put into place.

The company announced their liquidation and closing with nearly 18,500 jobs across the U.S. gone. Great job guys, now you have no job, and I get to pay your unemployment. So what do they do? Not 10 minutes ago on my way home they are still striking. For what? You lost your job, it's over. Go home.

But then again, most of the time I am considered a heartless a-hole. So what do I know. :rolleyes:
 
There are a LOT of people having to deal with reduced wages in the private sector. Jobs that were going for $60K are now being filled by people making $40K.
 
So I bought a box of Twinkies last night and the expiration date is Dec 09. Are these things good until 2109? LOL. If so I'm going to become a Twinkie hoarder. :biggrin:
 
I remember watching a cooking show a few years ago on how to make your own. it looked like you can make a batch for 300 for under 1 dollar in materials and looked/ tasted like the real thing.

I never liked them, I have had about 3 in my whole life.

here one video I found on youtube
http://www.youtube.com/watch?v=zGKsWrpsKtI

there were like 30

there were even Vegi-twinks LOL dont ask me why.

http://www.youtube.com/watch?v=oGAfZ3kIqaE

deep fried bacon stuffed twinkies :eek:

http://www.youtube.com/watch?v=jLrKE86-ecw
 
18,500 workers out of work.

The worst part is that only 30% were unionized..... So the other 70% got the shaft for the holiday season. Chalk up another massive success to the labor union.

LOL @ "bakers union", please.
 
Yet another example of unions out of control. I agree that this was not a $35K a year job either.

Everyone has taken a hit in this economy and yet these people decided it was better to run the company out of business than work for a little less money. Way to go union!
 
hostess_ding_dong.jpg

^This was my favorite Hostess goodie. I worked at Edwards Air Force Base when I was prego with my daughter (1986) and would have them quite often. When she was a child I told her she was made of Ding Dongs. She really believed it. BTW, her name is Christa, named after Christa McAuliffe who died on the Space Shuttle Challenger while I was at work at EAFB.
 
Can't honestly say I liked any of their products. I once had half a Twinkie and could not believe people actually ate this stuff on purpose. I couldn't finish one!
I do however realize that there are people who somehow think this is actually edible food and so I have no doubts that the stuff will probably emerge again, in some shape or form, to fill the gap in the market. I hope it happens just so that those jobs come back too.
 
So if it is all the union's fault, then why did execs get giant pay increases in the months leading up to the end?

BCTGM members are well aware that as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.

http://www.sacbee.com/2012/11/13/4983174/hostess-continues-pattern-of-misinformation.html
 
It was a private company. If the execs saw this coming they had every right to pay themselves out and stop the union. Unfortunately it also meant closing the company for good. Now there are thousands of people without jobs because of the entitlement that the union workers expected.
 
It was a private company. If the execs saw this coming they had every right to pay themselves out and stop the union. Unfortunately it also meant closing the company for good. Now there are thousands of people without jobs because of the entitlement that the union workers expected.

So you attribute the loss of jobs to the "entitlement that the union workers expected" rather than mismanagement by the executives who run the company?

Its hard for me to understand why a person would think another working for $35,000 is year is asking for "entitlements". That is subsistence pay in almost any part of this country. The company had negotiated major cutbacks to these worker's pension plan. Could you imagine working for a company, 5, 10, 15 years or longer building up a nest egg based on contractual agreements with the company, only to have them cut away?

If I was working for $35,000 a year, where a 3% cut to my salary can actually change what sits on my table for dinner, then see these execs give themselves $500,000 and $1,000,000+ raises in the same year, I think I would be upset too.

I guess you are right, the execs had every right to ask for cuts from their workforce while giving themselves 300% raises. But it is still a scumbag move.
 
It was a private company. If the execs saw this coming they had every right to pay themselves out and stop the union. Unfortunately it also meant closing the company for good. Now there are thousands of people without jobs because of the entitlement that the union workers expected.

Having the legal right is perhaps not the same as ethically right. Are you seriously saying execs are just and moral to help themselves to as much money from the company as possible as part of a corporate self destruct mechanism? This is not the owners protecting their interest or assets in the company--this seems more like corporate looting.
 
In the end people will always act in their own best interest. The unions were acting in theirs, except they overplayed their hand and it backfired (despite being given advance notice of the outcome). Perhaps if there was some sense of cooperation or good faith from the baker's union, like the Teamsters showed, instead of holding a gun to the company's head, the outcome would be different. The few $million the owners of the company managed to save from the wreckage would not have come close to saving the company.

Unions have a legal right to exist, but do they have a moral right to resort to violence and vandalism to get their way? Apparently they think so, since it's their standard MO. The portrayal of unions as a bunch of earnest boy scout workers is laughable. Their stongarm tactics will fail with greater frequency as the economy continues to sink and incentives for entrepreneurs and businessmen to risk their capital correspondingly diminish.
 
As a small business owner when I first opened my practice, I was told by my attorney to always pay myself first. When my employees start to get out of line, I have to correct their behavior quickly. Sometimes it means taking away a bonus, and other times it means firing people. I once had an employee tell me that she's been doing her assisting job longer than I've been a dentist, and not to tell her what to do. This is sort of like a union mentality. Needless to say she was fired on the spot.

The lesson to be learned is that a business cannot have their practices dictated by their employees. I think that their strategy was extreme, but what other choice did they have given the immediate financial situation. Now there are 18,500 people without jobs and the economy isn't getting any better.

Merry x-mas Hostess employees.
 
In the end people will always act in their own best interest. The unions were acting in theirs, except they overplayed their hand and it backfired (despite being given advance notice of the outcome). Perhaps if there was some sense of cooperation or good faith from the baker's union, like the Teamsters showed, instead of holding a gun to the company's head, the outcome would be different. The few $million the owners of the company managed to save from the wreckage would not have come close to saving the company.

Unions have a legal right to exist, but do they have a moral right to resort to violence and vandalism to get their way? Apparently they think so, since it's their standard MO. The portrayal of unions as a bunch of earnest boy scout workers is laughable. Their stongarm tactics will fail with greater frequency as the economy continues to sink and incentives for entrepreneurs and businessmen to risk their capital correspondingly diminish.

I was with you up until the standard MO line. The idea that unions use violence and vandalism tactics as a standard to get their way is a product of history from 40 years ago. Consider that the Teamsters (one of the most notorious) were the ones that settled for compromise. I don't see the Bakers and Teachers unions being thugs.
 
As a small business owner when I first opened my practice, I was told by my attorney to always pay myself first. When my employees start to get out of line, I have to correct their behavior quickly. Sometimes it means taking away a bonus, and other times it means firing people. I once had an employee tell me that she's been doing her assisting job longer than I've been a dentist, and not to tell her what to do. This is sort of like a union mentality. Needless to say she was fired on the spot.

The lesson to be learned is that a business cannot have their practices dictated by their employees. I think that their strategy was extreme, but what other choice did they have given the immediate financial situation. Now there are 18,500 people without jobs and the economy isn't getting any better.

Merry x-mas Hostess employees.

You have confused the issue of dictating company practices and insubordination with the purpose of a union. Unions were created to protect the worker from executive abuses. Executives giving themselves 300% raises while asking workers to take cuts to their salary and pension borders on that.
 
lol from rip hostess to unions :evil doers or workers saviors....btw I still prefered drakes yodels and ring dings are just better.....of course ding dongs ho hos and king dons sound better.....
 
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