Say goodbye to Twinkies (1 Viewer)

[UncleTrvlingJim]

And they're going out of business... Exactly what SHOULD happen here.

So what?

Exactly. So what?

I'm not sure why people feel the need to pick a side in these disputes. Labor is free to organize and demand compensation, and capital is free to agree or not. This is a good thing.

 

[You]

Exactly. So what?

I'm not sure why people feel the need to pick a side in these disputes. Labor is free to organize and demand compensation, and capital is free to agree or not. This is a good thing.

well when the press starts writing it up and fingers start pointing when it's a high profile company with lots of employees so I can understand the need to CYA. Unions don't want to look bad so they start pointing to management as unsual.
Management doesn't want to look bad so they start pointing to Unions.
People need to sleep at night.

 

[UncleTrvlingJim]

well when the press starts writing it up and fingers start pointing when it's a high profile company with lots of employees so I can understand the need to CYA. Unions don't want to look bad so they start pointing to management as unsual.
Management doesn't want to look bad so they start pointing to Unions.
People need to sleep at night.

It's a distraction and simplifies things to make it a "my side" "your side" argument. The bottom line is the bakers believed they were worth $12 per hour + benefits, and the company could not afford to pay them that. Rather than take less the bakers said they'd rather take their chances in the free market, and the company folded. Everyone made their decisions based on what they believed is best for them ... the free market at work. Why is that a bad thing?

 

[kevin from buffalo]

I'm a bread man with a different company, the merita/hostess guy on my route found out through a text message from while he was on the route. Now there is only us and Bimbo left in the market of any real merit.

i've been married to the same hot blonde for decades..and 95% of the time she bangs it up at the grocery store..but last week ..actually on sunday, when she went to get sandwich makings for my halftime eat saints hosting the falcons..she did rock solid with the swiss cheese and sahlens ham off the bone..but the Bimbo bread for the second time?????? that bread is horrible..if that's your only competer on the meter..i would sleep well at night...far to much dryness in that bread..overloaded on flour.my 73 pound pitbull won't even eat ..and she eats peas and green beans.

salute to you breadman

 

[SCSaintsfan]

At least now Hostess Twinkies won't go to waist.

 

[DesertKajun]

No one is saying the company was managed well. just saying an 8% cut is better then 100% cut. and they threw in 25% ownership and board seats. Sounded like a fair deal and my guess the teamsters working there are not too happy with the other union. If 8% was the difference of opening and closing then they are stupid to not take it and have a job while they search out new employment if they are unhappy with the arrangement.

BTW if opening a bus was too hard for the common man self made millionaires would not exist. Mine was hard work but not impossible. I just had two surprise kids is all and I was missing out on the important stuff. 18 hrs a day 7 days a week was ok by me and once the kids are older and the socialist out of power, I will have another Aquarium store.

 

[dtc]

No one is saying the company was managed well. just saying an 8% cut is better then 100% cut. and they threw in 25% ownership and board seats. Sounded like a fair deal and my guess the teamsters working there are not too happy with the other union. If 8% was the difference of opening and closing then they are stupid to not take it and have a job while they search out new employment if they are unhappy with the arrangement.

BTW if opening a bus was too hard for the common man self made millionaires would not exist. Mine was hard work but not impossible. I just had two surprise kids is all and I was missing out on the important stuff. 18 hrs a day 7 days a week was ok by me and once the kids are older and the socialist out of power, I will have another Aquarium store.

If you were working 126 hrs per week and making less than minimum wage as you said earlier, then the "socialist" policies of this president were nothing more than lagniappe for you as you weren't making enough to even sniff a tax increase.

Rather, you were the beneficiary of government largess and beholden to the rest of us for the cuts you received.

Still, if it took you 500 or more hours per month to generate $45k in monthly sales at an average retail margin you were doing something wrong. Simply put, if a business can't make more than minimum wage for its owner who's working 16 hours per day it needs to close so that owner can go do something useful making the same amount in less than 1/3 the time.

Seriously. What sort of self-respecting capitalist thinks it's a good business model to kill yourself for $6/hr and what reasonable person would blame that on Obama?

 

[UncleTrvlingJim]

No one is saying the company was managed well. just saying an 8% cut is better then 100% cut. and they threw in 25% ownership and board seats. Sounded like a fair deal and my guess the teamsters working there are not too happy with the other union. If 8% was the difference of opening and closing then they are stupid to not take it and have a job while they search out new employment if they are unhappy with the arrangement.

You're assuming that there isn't another employer who will take over the space created by the fall of Hostess that will pay better wages. For example, many of the Hostess brands are going to be sold off. Someone will probably by Twinkie and the factory(s) that made them. They'll need to hire people to run them.

So, let's say the baker's union did a market analysis, and determined that Hostess' competitors paid on average $14/hr with benefits. Further, the market has a demand for X products and that most likely Hostess competitors will expand to meet that demand after Hostess' falls. Would it not be rational to NOT make a deal, when there's a high probability that another company will be needing their talents and will pay higher wages?

 

[You]

Little Debbie is the only girl in town tonight and she's looking real hot in that cute dress.

 

[bigdaddysaints]

you assume one baker makes 12 bucks an hour so they all must be equal. .

never worked a union job i see..
yes its very likely that all employees working in each position make the same amount of money.

The place I worked at that was union, all forklift operators made x amount, all order selectors made x amount, all loaders, drivers, etc all made the equal amount for that position. So his assumption is probably correct..

 

[SWJJ]

Little Debbie is the only girl in town tonight and she's looking real hot in that cute dress.

Baby, Would you eat that there snack cracker
In your special outfit for me, please?
owwwWEEEEE!!!!!

Yo ye pharoahs, let us walk
Through this barren desert, in search of truth
And some pointy boots, and maybe a few snack crackers.
OWWWW WEEE baby, you make me wanna walk like a camel.
OWWWW WEEE, walk!

Who's in charge here, where's my Captain's wafers?
Don't go around hungry now, the way you eat that oatmeal pie,
Makes me just wanna die, baby, OWWWW
You make me wanna walk like a camel.
OWWWW WEEE, walk!

Say, you don't think there's any way I could get that quarter
From underneath your pointy boot, do ya?
All I want is just one more oatmeal pie.
OWWWW WEEE, Little Debbie, Little Debbie
I'm a comin on home, baby, 'cause you make me wanna walk
Like a camel, OWWWW WEEE

 

[OhioSaintsFan]

...

What?

 

[Mojomajik9]

Baby, Would you eat that there snack cracker
In your special outfit for me, please?
owwwWEEEEE!!!!!

Holy crap. That sounded so familiar so I Googled the lyrics and found a site hosting the song. I hadn't heard it since a very odd Halloween college party many moons ago. Thanks for that flashback.

 

[Galbreath34]

Good to blame the unions for not taking a last minute ultimatum from a twice failed business. They're going under because they can't sell enough twinkies and hohos for a profit, not because a healthy business was "attacked" by a union.

There's little reason to think a third bankruptcy wasn't right around the corner if the union caved and got less for doing the same work. Chances are a little more time to fill a golden parachute for a few, that's all.

 

[Cosmic201]

as the company was preparing to file for bankruptcy earlier this year, 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.

Over the past 15 months, Hostess workers have seen the company unilaterally end contractually-obligated payments to their pension plan. Despite saving more than $160 million with this action, the company continues to fall deeper and deeper into debt.

Read more here: http://www.sacbee.com/2012/11/13/49...sinformation.html#storylink=cpy#storylink=cpy

Hostess Continues Pattern Of Misinformation - PR Newswire - The Sacramento Bee





So part of the reason they remained on strike was that they simply had no faith the current owners of Hostess to do anything that didn't line the managements pockets instead of trying to save the company.