Interesting posting history you have there:
http://www.freerepublic.com/tag/by:morethanright/index?tab=articles
Any thoughts on that?
I haven’t had a Hostess product in fifty years nor wanted one. If they can’t make a go of it, sell the assets or go under, let the system work. The thing of greatest value is the object lesson of union entitlement. Instead of a 30% pay cut, the workers got a 100% pay cut. That makes sense to a unionist.
From 0 Hedge web site: “Doug Mansky, a Hostess driver in Detroit and a member of the International Brotherhood of Teamsters, was in the process of moving to a cheaper condominium on Tuesday, after his union had agreed to an 8% pay cut that he said would shave $200 a week from his income”. Doing the math, a pay cut of 8% would mean going from $130,000 per week to $119,000 per week. With his driving skills he should have no problem getting another 6 figure job. I wonder how many of the 18,500 former Hostess employees were Obama voters?