"I still get paid my 6 figure salary, right?"
Richard Trumka, the very picture of chubby screaming lying communist.
umm your guy won. Enjoy your free birth control!
I am glad Trumka told me the truth, I was going to blame it on the Union not having sense enough to quit striking.
One of the comments:
“They told me if I voted for Mitt Romney there would be massive layoffs. And they were right.” LOL
Hey, Trumka, if you and your union are so business-saavy, why don't you buy the Hostess assests and make it work.
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.
How could a company be so evil as to not pay people what they want?
leftists never take credit for their successes
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.
Well you will not have your twinkies now.
Will not be surprised if the company that owns “Little Debbies” will end up taking over.
"I still get paid my 6 figure salary, right?"
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).
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....)
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.
