Posted on 11/19/2012 1:19:44 PM PST by drewh
It continued to fail, and finally it all fell apart.
Just get the recipes!
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.
That's when I got the idea that Bain might have canned him earlier ~ some time after buying that derelict steel mill.
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.
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.
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?
The union was the least of Hostess’ worries but a convenient scapegoat nonetheless.
Why did you think that?
La Jolla is nice, expensive, conservative territory.
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.
Mitt should help raise $$$ for Hostess Brands - or at least some of it.
Oh goody...another one your posts hating on Romney. You just can’t get enough, can you? LOL!
Oh goody...another one your posts hating on Romney. You just can’t get enough, can you? LOL!Q
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.
Do we know what state he is a resident in?
As much as Romney hates conservatives and gun owners, it isn’t surprising that they don’t like him and his liberalism.
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
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.
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.
The greater San Diego county area has a lot of military.
Romney used to attack Reagan, and conservatives and conservatism, before he ran as the most liberal GOP candidate in history, did that bother you?
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