The United States of America needs to bailout the iconic Hostess Brand to preserve for future generations the greatest feat of culinary engineering, the Twinkie. A globally recognized symbol of American culinary ingenuity, the Twinkie has represented the American values of resiliency, richness and longevity. Our children deserve to taste the indulgence created by the Hostess corporation for years to come. In a society where "Made in America" is a commercial rarity, the Hostess brand represents more than products, it represents the heart and soul of the American workforce. Unite with us, stand with us in solidarity to protect and preserve an American corporation, representing American values,that employees thousands of your fellow Americans. United we stand, divided we fall.Twinkies for ALL
Click the link and sign the petition to save the Twinkies for future generations.
lol sorry, but no they don't, any more than they should have bailed out all the rest of the too big to fail company's. Business is survival of the fittest and that is how it should be. Besides, no way the feds would save it, its a win win for Obama. They get rid of a business full of horrible "rich people" and a fat food maker all in one shot.
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its sad that the union made them crash, the union caused hostess to have to pay the employees more then what hostess was making, hostess apparently has been like this now because of the union . gotta love unions! NOT! the union ruins everything...
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Some one here in the states will buy the licence and begin making them again, at a non union plant where they can be made profitably, just the wonder and hostess brands are too valuable for another conglomerate not to pick them up.
The union was inflexible in their demands, and wouldn't negotiate, now 18,000 of their members are out of work, i mean really how much should someone be paid to operate a twinkie making machine?
Sometime it boggles my mind what some employees of companies think they are worth.
Originally Posted by zoomzoom
Unions are why everything is made in china.
mark this day ..... I agree with zoom on this, may never happen again
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Last edited by gtpskip; 11-17-2012 at 10:33 AM.
Reason: Automerged Doublepost
Unions have certainly morphed into a horrible caricature of their original intent, no argument here.
BUT my company, a well known semiconductor manufacturer that never had any union involvement was basically cut to 1/3 it's size merely by a small cadre of stock option driven managers. And, in particular, the CEO and chairman of the "board" had the bulk of the responsibility. He basically priced us out of every market we were in, pissed off our customers and spent huge amounts of money on projects that were too far out of our core competency.
Too much power and the wrong incentives cause problems, no matter what title that person holds. Ignorant and lazy shareholders are a key part of the issue too. How many folks own mutual funds and don't give a rip how their shares get voted? Unfortunately the largest shareholders are now pensions, trusts and mutual funds and, even worse, most market activity is now dominated by algorithms written by 27 year old math geeks who pay millions to get a microsecond time advantage on their electronic data feed (insider trading basically).
I've worked at GM, the unions were a huge problem, no doubt, but the top tier of managers was just a responsible for their problems. My GMC S-15 had several design issues that were directly attributable to management making the wrong design priorities.
The unions were obstructionist foot draggers, but management set the stage for the crap that came out of the factory.
Keep in mind too, that in Michigan union membership is not optional, there are plenty of honest union members. It turns out that the management model of unions has gone the same way as corporate management - a small group of backscratching cronies do the bulk of the damage.
Frankly, guys, this is a democracy (the Republic died when FDR threatened to stack the supreme court and no one challenged him) we set the rules and we have failed to enforce any semblance of humanity in our institutions. The markets, the corporations and the unions all share the same rot - our lack of moral standards. We're way too willing to overlook corruption if we can get a low interest rate mortgage or a taxpayer financed football stadium for our favorite team. Cheap gas drives many of us to overlook bad foreign policy decisions.
Keep your eyes open, every day there is something you can do to make things better.
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The CEO himself admitted that a large part of the reason they were going out of business was due to very poor management, changing tastes of their customer base and a failure to bring new products on line to attract customers.
Can't really blame declining sales year after year on the bakers union.
Even if all the unions had conceded again Hostess was still likely to go bankrupt.
But yeah...it's just easier to say - "it's the unions fault".
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