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Can Mitt Romney Save Hostess?
Long Island Poltics ^ | Fri, Nov 16, 2012

Posted on 11/19/2012 1:19:44 PM PST by drewh

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To: elkfersupper
Seriously ~ it was bankrupt when the current private equity group bought it ~ and they're all leftists and had no idea what to do with a bakery.

It continued to fail, and finally it all fell apart.

Just get the recipes!

21 posted on 11/19/2012 1:45:02 PM PST by muawiyah
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To: HiTech RedNeck
Reportedly the Mexican name (pronounced beam-boh) was coined with no reference to the English slang.

When I was in Mexico in 1978, Bimbo bread--white bread, akin to Wonder Bread--was everywhere. It was often spread with refried pinto beans as a snack or side dish.

22 posted on 11/19/2012 1:46:29 PM PST by Fiji Hill (Deo Vindice!)
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To: what's up; napscoordinator
When I first heard this guy was investing in a new multimillion dollar home in California I knew he wasn't a tenth the businessman his friends claimed him to be.

That's when I got the idea that Bain might have canned him earlier ~ some time after buying that derelict steel mill.

23 posted on 11/19/2012 1:47:50 PM PST by muawiyah
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To: McGruff

or the same twinkie at a lower price.

When the off brand is a buck and the real thing is 3.. well.. give me the dollar one. The taste is close enough for the price difference.


24 posted on 11/19/2012 1:52:32 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: rovenstinez
True story I heard back from my days in Japan. In the late 1950's or early 1960's, Japan slid into a recession. The postwar rebuilding was nearly done and people couldn't get used to spending anything on what they considered luxuries.

Matsushita Electric (owner of the Panasonic brand) was losing out on its export marked to up and coming better quality brands like Sony and JVC. Secondary markets like Thailand, Malaysia and Taiwan weren't likely to be customers either.

What to do? They could lay off their workforce or pay them partially in electronics. They discussed it with them and, of course, the workers opted for partial payment in electronics rather than play the lay-off lottery.

Next thing you know, Matsushita workers were bartering radios to their green grocer, televisions to their landlord and the like. Rather than lose business, most of them struck some sort of deal.

Not only were painful lay-offs avoided, but Matsushita grabbed market share and picked up sales in things like accessories and upgrades.

The recession ended with a whimper and Japan launched into one of its greatest periods of economic growth. All because the workers in one large company chose flexibility over unionism.

25 posted on 11/19/2012 1:53:24 PM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: drewh

What would Mitt do differently than the current VC owners of Hostess, i.e. saddle them with crushing debt, extract millions in fees, and squeeze the employees?


26 posted on 11/19/2012 2:04:17 PM PST by ksen
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To: HiTech RedNeck

The union was the least of Hostess’ worries but a convenient scapegoat nonetheless.


27 posted on 11/19/2012 2:06:08 PM PST by ksen
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To: muawiyah
When I first heard this guy was investing in a new multimillion dollar home in California I knew he wasn't a tenth the businessman

Why did you think that?

La Jolla is nice, expensive, conservative territory.

28 posted on 11/19/2012 2:10:03 PM PST by what's up
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To: Vigilanteman

I think comparing Matsushita and Hostess is like comparing apples and oranges. I mean their circumstances could be similar but I can’t tell from the information you provided.


29 posted on 11/19/2012 2:12:10 PM PST by ksen
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To: drewh

Mitt should help raise $$$ for Hostess Brands - or at least some of it.


30 posted on 11/19/2012 2:14:27 PM PST by ExCTCitizen (More Republicans stayed home then the margin of victory of O's Win...)
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To: napscoordinator

Oh goody...another one your posts hating on Romney. You just can’t get enough, can you? LOL!


31 posted on 11/19/2012 2:17:33 PM PST by carton253
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To: napscoordinator

Oh goody...another one your posts hating on Romney. You just can’t get enough, can you? LOL!Q


32 posted on 11/19/2012 2:17:55 PM PST by carton253
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To: ksen

The example applies even better to Hostess. They make a consumable snack which almost everybody eats. If you already have a nice radio, you are less likely to barter away groceries for a radio than for snacks with a shelf life at least as long as the radio.


33 posted on 11/19/2012 2:18:05 PM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: what's up

Do we know what state he is a resident in?


34 posted on 11/19/2012 2:22:26 PM PST by ansel12 (The only Senate seat GOP pick up was the Palin endorsed Deb FischerÂ’s successful run in Nebraska)
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To: carton253

As much as Romney hates conservatives and gun owners, it isn’t surprising that they don’t like him and his liberalism.


35 posted on 11/19/2012 2:24:44 PM PST by ansel12 (The only Senate seat GOP pick up was the Palin endorsed Deb FischerÂ’s successful run in Nebraska)
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To: what's up

I have never thought of La Jolla as “conservative”, republican by about half maybe, but not conservative, it is a weird part of town, and was always my least favorite area, and customers.

“According to voter data, La Jolla,CA votes 49.85% Republican.” http://www.homefacts.com/politics/California/San-Diego-County/La-Jolla.html


36 posted on 11/19/2012 2:32:24 PM PST by ansel12 (The only Senate seat GOP pick up was the Palin endorsed Deb FischerÂ’s successful run in Nebraska)
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To: ansel12

Then they should have run for president. But no, it’s just more fun to write posts on an Internet website running down the guy who stepped into the arena. Yes, that’s the ticket.


37 posted on 11/19/2012 2:32:30 PM PST by carton253
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To: napscoordinator

As far as we know Mitt doesn’t own any islands, but he is in the process of becoming the God of his own, earth-like planet, that counts for something.


38 posted on 11/19/2012 2:35:29 PM PST by ansel12 (The only Senate seat GOP pick up was the Palin endorsed Deb FischerÂ’s successful run in Nebraska)
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To: ansel12
Almost 50% Repub is very conservative for CA.

The greater San Diego county area has a lot of military.

39 posted on 11/19/2012 2:36:26 PM PST by what's up
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To: carton253
One has to run for president before criticizing liberals?

Romney used to attack Reagan, and conservatives and conservatism, before he ran as the most liberal GOP candidate in history, did that bother you?

40 posted on 11/19/2012 2:38:21 PM PST by ansel12 (The only Senate seat GOP pick up was the Palin endorsed Deb FischerÂ’s successful run in Nebraska)
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