Hostess Brands Inc., whose sweet treat roster includes Twinkies, Ding Dongs and Ho Ho’s, filed a motion today in bankruptcy court seeking permission to shut down its business and sell its assets, including its iconic brands and facilities. The company, based in Irving, Texas, is moving “promptly” to lay off most of its 18,500-member workforce, which includes nearly 300 workers at 13 Hostess facilities in Massachusetts, and has suspended bakery operations at all its plants, said company CEO Gregory F. Rayburn. The company’s board of directors authorized the wind down of Hostess Brands after one of its largest unions,
Greddy capitalists bakers were just making people fat anyway. If they would have stayed in business Obamacare would have put a cap and trade regulation on Twinkis and Ho-Ho´s, then only people like Michael Moore who could afford to buy other peoples rations of the yummie treats could have all they want with no limits. PLus he won´t need O-care because he can afford to go to doctors in Mexico and Cuba rather than wait in long lines at an O-clinic with the rest of the poor people in the country.
Old union joke - A union member would rather be out of a great job than work at a good job. It´s not a joke anymore. I feel bad for all who lost their job. My first hostess treat was a snowball. I fell in love at first bite.
Discovered in the ration pantries of 1960s-era fallout shelters, these tasty morsels have often been found to be still edible. So there is still time to run down to your local Pak and Sak and buy up a lifetime´s supply. I know Micheal Moore will be.
5,000 refused to work with the company and it cost the other 13,500 their jobs. Just think the Liar in Chief is refusing to work with the House..refusing to cut the real fluff..refusing to cut spending for the few for the better of the many...anybody else see the irony?
I went out an bought a box for Thanksgiving. I grew up with twinkies but not sure my kids did. So that will be our TG treat. At least I will know they enjoyed the same childhood delight I knew. Welcome to the age of the soviet revolution inAmerica. From a land of plenty to hoarding distant memories.
This is part of Obama plan to destroy small business and nationalize the name brands like Hostess and turn them over to his union thugs. If hostess is nationalized aka bailed out -it will go the way of gm.
#30, no, I´m not misinformed. Those facilities in Mass. that shut down were non-unionized retail outlet stores. The company informed the retail outlets that they´d close (along with everything else)if the union wouldn´t agree to a new contract. The union refused, and the non-unionized workers all lost their jobs. So, yes, I do feel sorry for them. They weren´t union, and they didn´t ask for this.
Unfortunate for everyone involved, including, I fear, the American taxpayer. But it is a lesson for those willing and able to be instructed. This is the kind of thing that is necessary to get the attention and penetrate the skulls of a substantial number of citizens, most if not all of whom are Obama supporters. Of course one painful collision with reality will not be sufficient to get the point across to most. A single instance can be explained away, blamed on someone else, or rationalized somehow to preserve the underlying fantasy structure. There will have to be many more such rude awakenings before a sufficient number of American sleepwalkers finally awake and realize that yes, Virginia, there really is something called reality. This means, among other things, that one cannot always have everything one wants and to which one feels entitled. It means that the relationship between reality and fairness, while it exists at some level, is by no means linear or 1:1.
It is impossible for the economy to recover under a tax and spend, soak the rich, regulation-crazed administration. Advanced degrees in economics are not needed to grasp this. They may even be a handicap for many.
And of course Obama´s confusion about international relations means that the latter will continue to deteriorate, violence will escalate, and wars will break out.
It is a hard, painful, costly way for American voters to learn, but there are no social promotions and no cheating in this course. If you don´t learn the lessons you just keep repeating the course.
Obama told us just before his 2009 inauguration that he wanted to fundamentally change our country, and he´s well on his way. We may see many more bankruptcy filings by companies. I believe this person living in our WH wants to take our country down so he can rebuild it and reign as dictator in chief.
If the workers at the plants were smart (alas, there´s the fly in the ointment), they would get together with their union and make an offer to buy the company. The union has tons of money and Hostess is going to be sold to somebody so it might as well be them. I´m sure Obama would guarantee the loan.
Nobody wins here. The union just lost the dues of 18,500 workers. The workers lost their jobs. The government just lost 18,500 taxpayers. The rest of us will be asked to support them with less money. John Galt is looking smarter every day and it´s only just begun.
I see this as part of the resistance, albeit a natural part. The motivations for being in business in this country are all but gone. If a company hits even the slightest obstacle, it makes sense to shut down and live off your savings. We´ll start seeing much more of this, I suspect.
Stuff like this has consequences beyond just Hostess Brands. 18,500 jobs lost is just a start. All those other companies that furnish Hostess with ingredients and other supplies will be adversely affected by loss of revenue.
That Twinkie in the White House may have Just lost the Twinkie vote. Do Wookies eat those things?
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As an unrelenting wintry storm threatens to choke the Mid-Atlantic into Sunday evening, intrepid NFL players duked it out in Philadelphia amid white-out conditions. The potent system battered the South and Midwest in recent days and now, as it creeps East, it has the Eagles and visiting Detroit Lions both battling major snow. While the blizzard has professional athletes struggling to stay ahead of the weather, a mix of freezing rain, sleet and snow is delivering a sloppy smorgasbord from the Mid-Atlantic through southeastern Pennsylvania and northern New Jersey.
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The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
More young men in California rise in pitch at the end of their sentences when talking, new research shows. This process is known as "uptalk" or "valleygirl speak" and has in the past been associated with young females, typically from California or Australia.But now a team says that this way of speaking is becoming more frequent among men.The findings were presented at the Meeting of the Acoustical Society of America in California. "We found use of uptalk in all of our speakers, despite their diverse backgrounds in socioeconomic status, ethnicity, bilingualism and gender," said Amanda Ritchart, a linguist at the University of
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
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The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omitted important intelligence, and in others he presented assumptions as facts. Most significant, he failed to acknowledge something known to the US intelligence community: that the Syrian army is not the only party in the country’s civil war with access to sarin, the nerve agent that a UN study concluded – without assessing responsibility – had been used in the rocket attack. In the months before the attack,
Dr. Ezekiel Emanuel, the hapless, goalpost-shifting so-called "architect" of Obamacare, told Fox News´ Chris Wallace on Fox News Sunday that President Barack Obama´s promise "if you like your doctor, you can keep your doctor" was absolutely true--with one important caveat: if you like your doctor, "you can pay for it." Wallace grilled Dr. Emanuel, challenging his false claims that California´s enrollment was keeping pace with the percentage of the young population necessary to keep the system afloat, and pointing out that the president´s promise on doctors would collapse once people lost their insurance or their