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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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1 posted on 11/16/2012 10:35:13 AM PST by Free ThinkerNY
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To: Free ThinkerNY

Richard Trumka, the very picture of chubby screaming lying communist.


2 posted on 11/16/2012 10:38:17 AM PST by Darksheare (Try my coffee, first one's free.....)
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To: Free ThinkerNY

umm your guy won. Enjoy your free birth control!


3 posted on 11/16/2012 10:38:31 AM PST by ari-freedom (It's the bennies, stupid.)
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To: Free ThinkerNY

I am glad Trumka told me the truth, I was going to blame it on the Union not having sense enough to quit striking.


4 posted on 11/16/2012 10:38:35 AM PST by Venturer
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To: Free ThinkerNY

One of the comments:

“They told me if I voted for Mitt Romney there would be massive layoffs. And they were right.” LOL


5 posted on 11/16/2012 10:38:39 AM PST by ILS21R
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To: Free ThinkerNY
“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.”

Hey, Trumka, if you and your union are so business-saavy, why don't you buy the Hostess assests and make it work.

6 posted on 11/16/2012 10:38:52 AM PST by kosciusko51 (Enough of "Who is John Galt?" Who is Patrick Henry?)
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To: Free ThinkerNY

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.


7 posted on 11/16/2012 10:41:03 AM PST by sanjuanbob
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To: kosciusko51

Perfect, Kosciusco; perfect. You win.

TC


8 posted on 11/16/2012 10:41:27 AM PST by Pentagon Leatherneck
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To: kosciusko51

No, he wants Obama to seize the assets and give them to the Baker’s Union.


9 posted on 11/16/2012 10:41:27 AM PST by massgopguy (I owe everything to George Bailey)
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To: Free ThinkerNY
OH YAY!!! The Left have found a new enemy to FREEZE, PERSONALIZE and POLARIZE!! We may as well get used to hearing BAIN'S FAULT for the next four years.....

And HERE is what Trumpka said the other day after his meeting with Obama:

Fiscal Cliff: Richard Trumka, Head Of AFL-CIO, Calls Out 'Manufactured Crisis'
10 posted on 11/16/2012 10:41:59 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
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To: Free ThinkerNY

How could a company be so evil as to not pay people what they want?


11 posted on 11/16/2012 10:41:59 AM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: Free ThinkerNY

leftists never take credit for their successes


12 posted on 11/16/2012 10:42:10 AM PST by GeronL (http://asspos.blogspot.com)
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To: Free ThinkerNY
I wish Romney would buy the rights to the products and make them successful again.
13 posted on 11/16/2012 10:42:16 AM PST by carolinablonde
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To: Free ThinkerNY

Nope. Soetoro owns it. Where was the GM-style bailout where the bond-holder’s wealth transferred to the Union? Twinkle-toes should have bailed out the Twinkie-makers. Or else retrain these bakers to make arugala salads and wagyu beef.


14 posted on 11/16/2012 10:43:05 AM PST by SERKIT ("Blazing Saddles" explains it all.......)
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To: Free ThinkerNY

Well you will not have your twinkies now.


15 posted on 11/16/2012 10:43:39 AM PST by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: kosciusko51

Great post. I spent my entire working career listening to UAW types talk about how things were ALWAYS the fault of management.

If Baraq can pony up hundreds of million for his green energy companies that create dozens of jobs, why not for 18,000 union members? Call ‘em GREEN TWINKIES !!


16 posted on 11/16/2012 10:44:37 AM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: kosciusko51

yeah, 5000 goonyan employess make the remaining 13000 non-union ones pay.


17 posted on 11/16/2012 10:45:35 AM PST by TurboZamboni (Looting the future to bribe the present)
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To: Free ThinkerNY

Will not be surprised if the company that owns “Little Debbies” will end up taking over.


18 posted on 11/16/2012 10:46:04 AM PST by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: Darksheare
If anyone deserved the Alinsky treatment, it is this hypocritical sack of crap.
19 posted on 11/16/2012 10:46:04 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: massgopguy
No, he wants Obama to seize the assets and give them to the Baker’s Union.

And within a year, they would be unemployed again.

20 posted on 11/16/2012 10:46:05 AM PST by kosciusko51 (Enough of "Who is John Galt?" Who is Patrick Henry?)
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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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To: Admin Moderator

Okay......sorry about that one...


41 posted on 11/16/2012 10:57:16 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
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To: Free ThinkerNY

I’m pretty sure Trumka and his friends have enough money to buy some Hostess assets that are being sold off. For example, the Twinkie brand name and recipe plus a few factories. Then they can run it with workers keeping all profit.

I wish we could get union workers to start demanding things like this. If Trumka is right and workers can be paid much more than they are, then he can prove it. If he’s just BS’ing, then union members may pay more attention if he’s the one explaining operating costs and profit margin and workers’ salaries and risk and growth and ROI and taxes to them.


42 posted on 11/16/2012 10:57:54 AM PST by LostPassword
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To: TurboZamboni
yeah, 5000 goonyan employess make the remaining 13000 non-union ones pay.

Oh, it's even richer than that -- a subset of that 13,000 are from the Teamsters union, who were opposed to the baker's strike. So not only did the bakers p*** off 13,000 co-workers, but significant number of them are Teamsters.

Might as well start setting up dredging operations for the nearest body of water now, if you know what I mean...

43 posted on 11/16/2012 10:58:03 AM PST by kevkrom (If a wise man has an argument with a foolish man, the fool only rages or laughs...)
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To: Free ThinkerNY
Romney shot Twinkie the kid! You B*stard!


44 posted on 11/16/2012 10:58:41 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Free ThinkerNY
Oh, union opportunists, a company SELLING its assets because it cannot continue in business is the opposite of Bain. Bain BOUGHT failing companies and turned around about 80% of them.
45 posted on 11/16/2012 11:00:09 AM PST by aruanan
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To: aruanan
Trumka and his fellow mouth-breathers are not interested in pesky little things like facts.
46 posted on 11/16/2012 11:02:24 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: Free ThinkerNY

Note they’re really not LAMENTING the death of Hostess... they’re dancing on its grave. Union thugs don’t care a hoot about individual jobs.


47 posted on 11/16/2012 11:04:36 AM PST by ScottinVA (I've never been more disgusted with American voters.)
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To: Free ThinkerNY

“Trumka said in a public statement. “Crony capitalism and consistently poor management drove Hostess into the ground...”

Even union thugs like Trumka are stealing Sarah’s catch phrases, but the GOP treats her like she has leprosy.


48 posted on 11/16/2012 11:08:42 AM PST by Boogieman
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To: Free ThinkerNY
Ken Hall, the treasurer and general secretary for Hostess's largest union, the International Brotherhood of Teamsters, said the timing of the closure "could not be worse as we enter the holiday season."

"Unfortunately, the company's operating and financial problems were so severe that it required steep concessions from a variety of stakeholders but not all stakeholders were willing to be constructive," Mr. Hall said in a statement.

http://online.wsj.com/article/SB10001424127887324556304578122632560842670.html?mod=WSJ_hp_mostpop_read

Even the Unions blame the Unions.

49 posted on 11/16/2012 11:09:20 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: Pontiac

For the next four year, no union will ever be at fault, no tax will be harmful to the economy, and Obama will not make a mistake.

George Orwell, just 30 years late.


50 posted on 11/16/2012 11:11:01 AM PST by morphing libertarian
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