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Hostess Mediation Fails, Liquidation To Proceed; Furious Laid Off Workers Now Turn On Labor Union
Zero Hedge ^
| 11/20/12
| Tyler Durden
Posted on 11/20/2012 7:49:57 PM PST by Nachum
click here to read article
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Hope the union brothers treat their hack leader to a little brotherly justice
1
posted on
11/20/2012 7:50:01 PM PST
by
Nachum
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
2
posted on
11/20/2012 7:51:45 PM PST
by
Nachum
(The List is off the Google blacklist- www.nachumlist.com)
To: Nachum
3
posted on
11/20/2012 7:53:02 PM PST
by
null and void
(America - Abducted by Aliens...)
To: Nachum
The fruits of greed and corruption. This is how commrades of the communist unions operate. Hate, lies and destruction.
To: Nachum
18,500 American jobs headed to MEHico and the union declares a great victory! Way to go knuckledraggers!!! Party hard!
5
posted on
11/20/2012 7:54:57 PM PST
by
FlingWingFlyer
(Amnesty - Obama's bailout of Mexico. Barry sticks it to America again!)
To: Nachum
6
posted on
11/20/2012 7:56:34 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: Nachum
7
posted on
11/20/2012 7:57:06 PM PST
by
OddLane
To: Nachum
I hope they sell it to Mexico and maybe some of the “illegals” will move home and do the jobs American union workers wont do...
8
posted on
11/20/2012 7:58:30 PM PST
by
M-cubed
To: Nachum
any investor would be a fool to buy Hostess - the unions make this an impossible buy.
9
posted on
11/20/2012 7:59:58 PM PST
by
elpadre
(AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
To: Nachum
Perhaps a little blanket meeting in the parking lot is in order.
10
posted on
11/20/2012 8:01:02 PM PST
by
brewcrew
To: Nachum
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.This driver made $130K a year. Hostess needed it cut to $120K. This guy makes the UAW look like a bunch of paupers.
11
posted on
11/20/2012 8:01:42 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: elpadre
Makes more sense to buy the patents, the distriburting rights and teh euipment.
Pack it all up and ship it to a right to work state. Start again there.
12
posted on
11/20/2012 8:02:16 PM PST
by
BenLurkin
(This is not a statement of fact. ItClimate change! is either opinion or satire; or both)
To: elpadre
Makes more sense to buy the patents, the distriburting rights and teh euipment.
Pack it all up and ship it to a right to work state. Start again there.
13
posted on
11/20/2012 8:02:16 PM PST
by
BenLurkin
(This is not a statement of fact. ItClimate change! is either opinion or satire; or both)
To: Nachum
An 8% cut would shave $200 a week off the employee’s income? Let’s see...that means 1% would be $25.... So times one hundred....carry the seven.....why......that’s like $2500 a week!.....$10,000 a month.....$120,000 a year!....what if that’s net?......Ho-Ho indeed!
14
posted on
11/20/2012 8:03:18 PM PST
by
blueunicorn6
("A crack shot and a good dancer")
To: elpadre
Someone may buy the name, recipes, and trademarks, but I seriously doubt anyone is buying the company as currently structured.
15
posted on
11/20/2012 8:03:22 PM PST
by
CatOwner
To: elpadre
Bet that Thanksgiving dinner will be a sad occasion for 18,000 families.
16
posted on
11/20/2012 8:03:38 PM PST
by
Ciexyz
To: elpadre
any investor would be a fool to buy Hostess - the unions make this an impossible buy.The beauty of liquidations is that union contracts are torn up, and there's no obligation to hire a single union worker or even buy the existing plants. Bimbo could make everything in Mexico.
17
posted on
11/20/2012 8:03:55 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: elpadre
If they buy the assets and not the corporation they won’t be stuck with the unions.
18
posted on
11/20/2012 8:05:00 PM PST
by
Aria
( 2008 & 2012 weren't elections - both were a coup d'etat.)
To: elpadre
Not saying you’re wrong but what legal lever can unions use to do that? If there is a law that says you may not close a business then we are already have a fascist dictatorship.
I suppose there are pensions. I wonder if they are fully funded?
19
posted on
11/20/2012 8:06:03 PM PST
by
DManA
( you)
To: FlingWingFlyer
“18,500 American jobs headed to MEHico and the union declares a great victory! Way to go knuckledraggers!!! Party hard!”
Maybe not! Did you read the bit about the anti-trust laws that may well scuttle the Bimbo bid? A perfect world here would be for a non-union bakery to buy Hostess’ assets and leave these morons sitting on their front porches!
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