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Manhandling Hostess, Big Labor Costs 18,500 Workers Their Jobs
Investor's Business Daily ^ | 17 Nov 2012 | Editorial

Posted on 11/18/2012 2:02:15 PM PST by IBD editorial writer

Politics: Union intransigence and unrealistic expectations at Hostess Brands have forced the bakery to shut its doors permanently and throw 18,500 people out of work. So much for Big Labor caring about the little guy. A down economy and two restructurings in three years left Hostess, maker of Twinkies and Sno Balls, in dire fiscal straits. The company warned its workers, union and nonunion, to make concessions or everyone would go down in a liquidation. Instead, one union, the AFL-CIO-affiliated Bakery, Confectionery, Tobacco Workers and Grain Millers International (BCTGM), imagined the company was bluffing and went on strike.

(Excerpt) Read more at news.investors.com ...


TOPICS: Editorial; News/Current Events
KEYWORDS: bankrupt; biglabor; hostess; unionthugs
Nice going, bozos. Instead of an 8% wage and benefit cut, the union chose a 100% wage and benefit cut. What a bargain for the workers. And now the union goes on to bankrupt another company.
1 posted on 11/18/2012 2:02:19 PM PST by IBD editorial writer
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To: IBD editorial writer

If they lost their jobs on strike, do they get taxpayer-funded unemployment?


2 posted on 11/18/2012 2:04:19 PM PST by Mamzelle
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To: IBD editorial writer

Don’t worry. Obama pay your gas and mortgage.

https://www.youtube.com/watch?v=P36x8rTb3jI


3 posted on 11/18/2012 2:05:30 PM PST by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: Mamzelle

My guess is yes.


4 posted on 11/18/2012 2:06:17 PM PST by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: Mamzelle
If they lost their jobs on strike, do they get taxpayer-funded unemployment?

King Obama, our beloved dictator, will make sure the union jackasses will get freebies equal to their lost paycheck plus some fun food stamp money. New voters in the pocket for 2014.

5 posted on 11/18/2012 2:08:31 PM PST by Logical me
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To: IBD editorial writer

Good luck finding another job . . . ever.

As soon as a potential employer sees “Hostess” on the work history they will be shown the door. No one with 10% of the brains of a jackass will hire anyone who is proud of driving their former employer out of business.


6 posted on 11/18/2012 2:10:29 PM PST by Petruchio (I Think . . . Therefor I FReep.)
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To: IBD editorial writer

They can’t bail out “the Twinkie factory”, there is already enough of them working for the federal government!


7 posted on 11/18/2012 2:12:26 PM PST by Terry L Smith
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To: Mamzelle
If they lost their jobs on strike, do they get taxpayer-funded unemployment?

Obama owes the unions, big time.

That's all you need to know to answer your own question.

8 posted on 11/18/2012 2:14:23 PM PST by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: E. Pluribus Unum

He may owe Trumka, but why should he care anything about some union members? They’re spread all over the country.


9 posted on 11/18/2012 2:15:54 PM PST by Mamzelle
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To: IBD editorial writer

10 posted on 11/18/2012 2:22:25 PM PST by Brandonmark (OWCM is The new American Minority!)
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To: IBD editorial writer
How about "Occupy" finding the homes of the Big Union Bosses!? I bet their homes and automobiles are a whole lot better than the average worker's!
11 posted on 11/18/2012 2:43:18 PM PST by SoFloFreeper
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To: SoFloFreeper

Occupy is done. They are not needed now that the election is over.


12 posted on 11/18/2012 2:48:03 PM PST by FreeAtlanta (bahits.com)
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To: IBD editorial writer

http://www.freerepublic.com/focus/f-bloggers/2960918/posts

A Labor Victory Over Hostess (satire)


13 posted on 11/18/2012 2:54:27 PM PST by GeronL (http://asspos.blogspot.com)
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To: Brandonmark

Oh; great graphic. . .


14 posted on 11/18/2012 2:55:09 PM PST by cricket
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To: everyone
By Lady Jag!





Patriots for FRee Republic



15 posted on 11/18/2012 2:55:53 PM PST by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: SoFloFreeper

That bakers union President made $210,000+ a year and benefits that put compensation over $260,000 from what I read. 100% of that comes off the back of exploited workers.


16 posted on 11/18/2012 2:58:43 PM PST by GeronL (http://asspos.blogspot.com)
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To: IBD editorial writer

They don’t care. They have their chocolate socialist. Barack Hussein Obama, mmmm mmmm mmmm.


17 posted on 11/18/2012 3:03:13 PM PST by SpaceBar
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To: IBD editorial writer

I have a question???

Since the biggest part of the Twinkie business is actually baking and packaging the product and there are approximately 5,000 bakers doing that, what the h*ll is Hostess doing with 13,500 Teamsters???


18 posted on 11/18/2012 3:13:36 PM PST by Uncle Chip
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To: IBD editorial writer

Put it another way: Big Labor convinced a bunch of feeble minded Obama Voters to ditch their $45,000 factory jobs plus benefits over $3,000.


19 posted on 11/18/2012 3:15:31 PM PST by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off.)
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To: SoFloFreeper
WOULD YOU MIND KNOCKING OFF THE BIG FONTS ALL THE FREAKING TIME??? HUH??? DO YOU REALLY THINK YOUR COMMENTS ARE MORE VALUABLE THAN ALL THE OTHERS SO THEY SHOULD STAND OUT???
20 posted on 11/18/2012 3:17:26 PM PST by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off.)
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To: IBD editorial writer

Those not aware, DRAKES cakes belong to Hostess too.,p.No more Ring Dings or Funny Bones.


21 posted on 11/18/2012 3:20:50 PM PST by mware (By all that you hold dear on this good earth, I bid you stand, Men of the West)
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To: Uncle Chip

I heard on one of the talk shows that the unions were so enbedded into Hostess that were not permitted to ship their bread and pastrys in the same trucks.


22 posted on 11/18/2012 3:24:51 PM PST by mware (By all that you hold dear on this good earth, I bid you stand, Men of the West)
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To: mware

No, I didn’t know that. No more Devil Dogs??? NO MORE DEVIL DOGS???

I need a drink.

Regards,


23 posted on 11/18/2012 3:32:18 PM PST by VermiciousKnid (Sic narro nos totus!)
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To: VermiciousKnid
Sad really, another link to our childhood gone.

Thanks a lot Obama you SOB.

24 posted on 11/18/2012 3:36:32 PM PST by mware (By all that you hold dear on this good earth, I bid you stand, Men of the West)
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To: mware

Indeed, mware. BTW, calling Caligulobama an SOB is far too kind.

Regards,


25 posted on 11/18/2012 3:40:07 PM PST by VermiciousKnid (Sic narro nos totus!)
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To: CodeToad

26 posted on 11/18/2012 3:46:05 PM PST by SoFloFreeper
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To: VermiciousKnid
I went out this afternoon and bought one last bx. of Ring Dings, and Yodals.

Couldn't find any Funny Bones.

27 posted on 11/18/2012 3:46:43 PM PST by mware (By all that you hold dear on this good earth, I bid you stand, Men of the West)
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To: SoFloFreeper

Backatcha. You posting those annoying large fonts that destroy a thread on a mobile device screen is just you not controlling your emotions and getting all excited.


28 posted on 11/18/2012 3:49:15 PM PST by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off.)
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To: mware

I thought I tasted feathers embedded in the last Twinkie I ate.


29 posted on 11/18/2012 4:19:37 PM PST by Uncle Chip
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To: CodeToad
......(golf clap)
30 posted on 11/18/2012 4:33:44 PM PST by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
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To: IBD editorial writer

Obamunism at work!


31 posted on 11/18/2012 4:37:08 PM PST by jwalsh07
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To: IBD editorial writer

Hey if the morons didn’t care why should anyone else. Same message for GM, pay back the money then I might consider test driving one of your nice trucks...over to the Ford dealer to pick up a new truck.


32 posted on 11/18/2012 5:06:28 PM PST by JohnD9207 (Isn't freedom worth fighting for?)
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To: mware

Yup, Drakes are gone here in VA, too. I got boxes of crumb cakes for my daughters, ring dings for me, and devil dogs for all of us Friday and Saturday. Nine boxes total for me, 12 boxes total for them. :~) Went out today and didn’t find even one box more.


33 posted on 11/18/2012 5:18:38 PM PST by My hearts in London - Everett (Gingrich or bust! (5/7/12, I guess it's bust.))
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To: IBD editorial writer

Make sure y’all note that not ALL unions were against the deal with Hostess.
There were 12 unions in all involved in this deal. Some were astute enough to read a balance sheet.


34 posted on 11/18/2012 5:32:19 PM PST by griswold3 (Big Government does not tolerate rivals.)
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To: IBD editorial writer

Heck, they did it to big Steel, and they almost did it to big auto. They continue to kill the goose that lays the golden egg, and yet, they’re too damn stupid to understand why the outcome is always, ALWAYS the same.


35 posted on 11/18/2012 5:38:21 PM PST by meyer (Proud member of the 53%.)
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To: IBD editorial writer

A lot of Hostess problems were looting and pillaging by private equity Democrats including the beloved Dicky Gephardt.

I’m sure Baraq will call them out at his next presser.

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


36 posted on 11/18/2012 5:43:07 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: Uncle Chip
because drivers that deliver cake cannot deliver bread and drivers that deliver bread cannot deliver cake so they had to have two different trucks to deliver cake and bread products to the same store and then another employee to move the product from the store room to the shelves

that and drivers wouldn’t load their trucks and workers who loaded one product couldn’t load another...

37 posted on 11/18/2012 6:09:03 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Petruchio

I argued with my friend an Obama union thug. His reasoning was the employees
had to risk losing their jobs because they gave in too many times.

I said to what extent do you demand wages in lieu of the company being bankrupt? There is no hidden gold the company is operating at a loss.
Twit replied, “good I’m glad they went out out business”

Duh? No comment necessary, it’s just the twilight zone.


38 posted on 11/18/2012 7:01:54 PM PST by ChiMark (America no more)
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To: ChiMark

Years ago I had a friend that worked for Ace Hardware in the warehouse. Every 2 years the contract came up and they would strike, every time. I told him he was being stupid. In the end, Ace closed the warehouse and built a new one 50 miles away and hired all new people. Refused to allow any to transfer.


39 posted on 11/18/2012 7:57:02 PM PST by Petruchio (I Think . . . Therefor I FReep.)
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To: IBD editorial writer

When there are too many worms in the apple, the apple falls from the tree.

Host-Parasite relationships do not last long.

‘nuf said.


40 posted on 11/18/2012 9:31:02 PM PST by AlanGreenSpam (Obama: The First 'American IDOL' President - sponsored by Chicago NeoCom Thugs)
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To: E. Pluribus Unum

You can bet that those receiving UE won’t be paying their dues anytime soon ;^)


41 posted on 11/18/2012 9:41:01 PM PST by proudpapa
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To: CodeToad

Wow.... too much 5 hour energy drinks??? Chill.


42 posted on 11/18/2012 10:00:39 PM PST by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: My hearts in London - Everett

I’m really curious. I wonder how good those cakes would freeze?


43 posted on 11/19/2012 4:03:44 AM PST by mware (By all that you hold dear on this good earth, I bid you stand, Men of the West)
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To: IBD editorial writer
...the striking union, whose 5,000 members pull in as much as $22 an hour plus medical benefits, get nine weeks of paid leave and a company pension.

Nine weeks of paid leave? Wow, that's almost as much as a congressman.

44 posted on 11/19/2012 4:29:44 AM PST by randog (Tap into America!)
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To: Petruchio
Good luck finding another job . . . ever.

To add to your point: good luck finding a job with those types of bennies. How many of these "bakers" were actually bakers in the traditional sense of the word? Probably none; they were factory workers that were trained to tend highly specialized machinery that cranked out pastry by the thousands. Their livelihoods were tied to a machine and that machine just died. Sure, if I made $22/hour with med bennies, a full pension, and 9 weeks off/year I'd think that company revolved around me too, but alas a lot of union workers are starting to realize that they were a mere cog in the machine. They can put "extensive skill operating the Hostess CF725 Twinkie Cream Filler" on their resumes, but I suspect that few potential employers will be impressed.

45 posted on 11/19/2012 4:46:29 AM PST by randog (Tap into America!)
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To: mware

I’m thinking of transferring them into hard plastic containers or just putting them in the freezer for a while to harden them and then put them in Foodsaver vacuum bags. :~)


46 posted on 11/19/2012 4:56:25 AM PST by My hearts in London - Everett (Gingrich or bust! (5/7/12, I guess it's bust.))
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