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Union: 'Bain-style' killing of Twinkie (Romney's fault)
Politico ^ | Nov. 16, 2012 | KEVIN CIRILLI

Posted on 11/16/2012 10:35:11 AM PST by Free ThinkerNY

The Bain attack is back.

This time it’s being used against Hostess Brands, the Twinkies and Wonder Bread maker that announced Friday it was closing. AFL-CIO President Richard Trumka drew the comparison in a public statement Friday.

“What’s happening with Hostess Brands is a microcosm of what’s wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor,” Trumka said in a public statement. “Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price.”

Earlier Friday, Hostess Brands announced that it would be closing, which the company said was precipitated by a workers’ strike.

Trumka’s comparing Hostess to Brain comes after an election in which former GOP presidential nominee Mitt Romney was criticized for co-founding Bain Capital.

(Excerpt) Read more at politico.com ...


TOPICS: News/Current Events
KEYWORDS: bain; bakery; bankrupt; hostess; trumka; union; unions
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To: LucianOfSamasota

AFL-CIO President Richard Trumka still has a do nothing job and the workers are without a job.

Lets see if we can guess which ones are the dummies.


21 posted on 11/16/2012 10:46:48 AM PST by chiefqc
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Comment #22 Removed by Moderator

Comment #23 Removed by Moderator

To: kosciusko51

Great question!

BTW, I believe that once a company goes into bankruptcy all contracts become null and void, like the union contract.

That means that the union can buy the company, and in order make it profitable they would have to hire hire non union workers. That’s the solution.(SARC)


24 posted on 11/16/2012 10:48:31 AM PST by COUNTrecount (Clear eyes. Full hearts. Can't fail .But We Did.)
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To: Army Air Corps

Agreed.

Every time I see his picture or watch video of him, I mentally overdub the sound of flatulence as his mouth moves.


25 posted on 11/16/2012 10:48:43 AM PST by Darksheare (Try my coffee, first one's free.....)
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To: Darksheare
Trumka is very happy to have obama pushing from behind.

...so to speak...

26 posted on 11/16/2012 10:49:45 AM PST by null and void (America - Abducted by Aliens...)
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To: Free ThinkerNY

"I still get paid my 6 figure salary, right?"

27 posted on 11/16/2012 10:50:40 AM PST by BookmanTheJanitor
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To: Free ThinkerNY
Hey Trumka, listen up, doofus:

per Zero Hedge:

"And here comes the Hostess twist: because Tim Collins of Ripplewood [Ripplewood holdings, injecting $130 million in order to obtain equity control of Hostess as it was emerging last time], was a prominent Democrat, a position which allowed him to get involved in the first bankruptcy process in the first place, due to his proximity with the Teamsters' long-term heartthrob Dick Gephardt (whose consulting group just happens to also be an equity owner of Hostess).

28 posted on 11/16/2012 10:50:50 AM PST by Riflema
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To: Eagle of Liberty

No brain?
Blame Bain!


29 posted on 11/16/2012 10:50:57 AM PST by null and void (America - Abducted by Aliens...)
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To: cripplecreek

Ping to Post #22


30 posted on 11/16/2012 10:51:26 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: sanjuanbob
Most people are on to this BS now. Reverse the topic or even change the topic to demonize the other side. Bush’s fault, Romney’s fault. Trumpka is his parent’s fault. His mother should have had an abortion. Fat ugly, communist bastard.

I propose that we need to adopt Alinsky tactics and begin with Trumka. FREEZE, PERSONALIZE, POLARIZE!

TRUMKA'S FAULT!!

SAY IT LOUD!

SAY IT OFTEN!

31 posted on 11/16/2012 10:51:50 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
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Obama probably wanted to bail out Hostess but then Michelle would make him sleep on the couch for the rest of his term.


32 posted on 11/16/2012 10:52:57 AM PST by r0tten
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To: Biggirl

Maybe B’raq can nationalize Hostess, and since the government is filled with Twinkies there will never be a shortage.


33 posted on 11/16/2012 10:53:00 AM PST by COUNTrecount (Clear eyes. Full hearts. Can't fail .But We Did.)
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To: BookmanTheJanitor

A “One Percenter” hustling the dopes with class warfare rhetoric. Michael Moore, but with a better tailor.


34 posted on 11/16/2012 10:54:13 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: COUNTrecount

Actually - DEMOCRATS had the investment in Hostess. BWAhahaha

http://www.zerohedge.com/news/2012-11-16/hostess-liquidation-curious-cast-characters-twinkie-tumbles


35 posted on 11/16/2012 10:54:28 AM PST by Ladysforest
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To: Free ThinkerNY
Apparently Trumpka missed Obama’s memo.... the private sector is doing just fine. Hey what's 18,000 more unemployed, we've got MILLIONS already.
36 posted on 11/16/2012 10:55:02 AM PST by RedEyeJack
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To: Eagle of Liberty

Really FR?! You took down my post with a pic of Trumka? wow......


37 posted on 11/16/2012 10:55:19 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
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To: All

Would love to see some details here. How much were the employees making? How many were collecting pensions? What were their “concessions?” What were the company’s profits & costs like?

Very poorly reported story here. Sadly, it’s just accepted that these things don’t really matter.

(And, no, I wasn’t expecting otherwise....)


38 posted on 11/16/2012 10:55:36 AM PST by jr48154
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To: Biggirl
yep, and makes it profitable running it with 1/3rd the employees that hostess did.

CC

39 posted on 11/16/2012 10:55:45 AM PST by Celtic Conservative (some people call me the space cowboy, some people call me the gangster of love ...)
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To: Eagle of Liberty

AP images cannot be posted due to copyright complaint.


40 posted on 11/16/2012 10:56:32 AM PST by Admin Moderator
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