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Hostess bankruptcy: Twinkies-maker Hostess Brands to go into liquidation, files for bankruptcy
wptv.com ^ | Nov 16, 2012 | James O'Toole

Posted on 11/16/2012 9:33:44 AM PST by LucianOfSamasota

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To: rawhide
The Teamster's Union which represented delivery employees approved of the contract. It was the Baker's union that rejected it. So, now, both groups of employees are unemployed, as well as non-union employees.
21 posted on 11/16/2012 11:04:58 AM PST by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: annieokie

Sadly, the union president will keep his job - it’s a one percenter job - while the rank and file workers from the factory and the delivery people will lose theirs.


22 posted on 11/16/2012 11:09:48 AM PST by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: bigfootbob
In order to supply fresh product, bakeries are located close to their customers. This necessitates having bakeries in almost every state.
23 posted on 11/16/2012 11:13:51 AM PST by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: LucianOfSamasota

I have yet to read anywhere exactly what the contract offer was. Anyone have a link????????/


24 posted on 11/16/2012 11:16:44 AM PST by Captain Peter Blood
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To: Captain Peter Blood

I think the offer was an 8% cut, with compensation being restored to the current level over about a three-year period.

Since 2004, I’ve lost 5% once and 100% three times.

Color me “unsympathetic”.


25 posted on 11/16/2012 11:22:16 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: LucianOfSamasota

They can outsource to China,since there’s nothing non-chemical in a twinkie!


26 posted on 11/16/2012 11:22:36 AM PST by Dr. Ursus
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To: LucianOfSamasota

Trial lawyers lose. There goes the Twinkie defense.


27 posted on 11/16/2012 11:26:39 AM PST by LoneRangerMassachusetts (The meek shall not inherit the Earth)
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To: LucianOfSamasota

Where are these job losses? The HQ is in north Texas, but the actual layoffs are probably elsewhere, and I can’t find anything about that in any of these stories.


28 posted on 11/16/2012 11:29:49 AM PST by Mamzelle
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To: reg45

Not with Twinkies, LOL, them and cockroaches are indestructible, except Twinkies have a vulnerability to unions.


29 posted on 11/16/2012 11:32:00 AM PST by bigfootbob
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To: LucianOfSamasota

Democrats told us if we voted for Mitt Romney there would be massive layoffs. They were right!


30 posted on 11/16/2012 11:53:18 AM PST by superloser
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To: GeronL

They’ll end up at the Vermont Country Store:

http://www.vermontcountrystore.com/store/jump/Gifts/Brands_From_The_Past_/cat560003


31 posted on 11/16/2012 12:15:58 PM PST by PLMerite (Shut the Beyotch Down! Burn, baby, burn!)
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To: LucianOfSamasota
"Our members are on strike because they have had enough," bakers' union president Frank Hurt said in a statement Tuesday.

Had enough Twinkies??

"They are not willing to take draconian wage and benefit cuts on top of the significant concessions they made in 2004 and give up their pension so that the Wall Street vulture capitalists in control of this company can walk away with millions of dollars."

Yes, so you, Mr. Hurt, would rather have people making $0.00/hour then the amount Hostess would pay? Nice Thinking, MORON!!

32 posted on 11/16/2012 1:15:03 PM PST by ExCTCitizen (More Republicans stayed home then the margin of victory of O's Win...)
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To: PLMerite

Good one!


33 posted on 11/21/2012 5:29:39 AM PST by Maudeen (Proverbs 3:5-6)
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