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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
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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.
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
Comment #3 Removed by Moderator
To: Mamzelle
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.)
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.
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.)
To: IBD editorial writer
They can’t bail out “the Twinkie factory”, there is already enough of them working for the federal government!
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.)
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
To: IBD editorial writer
10
posted on
11/18/2012 2:22:25 PM PST
by
Brandonmark
(OWCM is The new American Minority!)
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!
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)
To: IBD editorial writer
13
posted on
11/18/2012 2:54:27 PM PST
by
GeronL
(http://asspos.blogspot.com)
To: Brandonmark
14
posted on
11/18/2012 2:55:09 PM PST
by
cricket
To: everyone
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)
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)
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
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???
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.)
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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