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| [Nov 17, 2012, 2:43 pm ET] - Share - Viewing Comments |
Sad about Hostess Brands closing, since it seems to be the result of an insoluble labor conflict, and while strikes often result in threats that they will result in the closure of a company, that rarely seems to actually happen as it has in this case. I find it interesting how many people are going all Tallahassee over the pending Twinkie shortage, however, as they are the poster child for crappy junk food, and I don't know anyone who has eaten one in recent memory, much less actually savors them (labor strife aside, I think if everyone saddened by this actually bought Twinkies, Hostess would be fine). In my opinion, Hostess only ever made one really good product, which was their fruit pies, which I have not seen in a store in over a decade if not longer. I assumed they stopped making them, but I see them on eBay at seemingly exorbitant prices, so I'm not sure if that's due to the Hostess closure, or perhaps they are working off old stock, since these babies are half preservatives anyway (I think it's the latter, as the labels all seem to feature Fruit Pie the Magician, and Wikipedia says he was removed from the packaging in 2006).
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| 27. |
Re: Out of the Blue |
Nov 18, 2012, 06:03 |
Bhruic |
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PropheT wrote on Nov 17, 2012, 20:43: They did, but the reality is that they held out for a bigger payday for the workers on a company that was going under because of labor costs. The union chose no jobs at all over the deal that was being offered them, so the idea that the union was protecting those people's jobs is kind of out the window. They were in a position to negotiate raises or concessions by the company to give back to the workers in the event of a return to profitability, but instead this is what happened. The idea that management was negotiating in good faith is laughable. Hostess got bought by a hedgefund (well, two actually), loaded up the company with debt, paid out massive increases in salary to management while cutting salaries for the workers, and then declared bankruptcy when the workers wouldn't agree to even more cuts.
Read this for details of the management salary increases.
There are numerous examples of unions being the "bad guys", and in general I find they do as much harm as good, but this is definitely not one of those times. |
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Nov 17, 13:57 |
Re: Out of the Blue |
nin |
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Nov 17, 14:23 |
Re: Out of the Blue |
PHJF |
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Nov 17, 14:25 |
Re: Out of the Blue |
Prez |
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Nov 17, 14:59 |
Re: Out of the Blue |
Ray Marden |
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Nov 17, 15:05 |
Re: Out of the Blue |
PHJF |
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Nov 17, 15:10 |
Re: Out of the Blue |
Prez |
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Nov 18, 02:20 |
Re: Out of the Blue |
ChandlerL |
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Nov 18, 03:13 |
Re: Out of the Blue |
Dades |
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Nov 18, 05:49 |
Re: Out of the Blue |
Prez |
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Nov 17, 17:48 |
Re: Out of the Blue |
nin |
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Nov 17, 19:25 |
Re: Out of the Blue |
nin |
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Nov 17, 14:32 |
Re: Out of the Blue |
MajorD |
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Nov 17, 15:01 |
Re: Out of the Blue |
Dades |
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30. |
Nov 18, 11:30 |
Re: More Big Picture Details |
HorrorScope |
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32. |
Nov 18, 12:23 |
Re: More Big Picture Details |
PHJF |
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Nov 18, 13:33 |
Re: More Big Picture Details |
TangledThorns |
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Nov 18, 13:34 |
Re: More Big Picture Details |
nin |
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Nov 18, 23:39 |
Re: More Big Picture Details |
xXBatmanXx |
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37. |
Nov 18, 18:31 |
Re: More Big Picture Details |
HorrorScope |
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Nov 17, 15:02 |
Re: Out of the Blue |
Cutter |
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Nov 17, 16:44 |
Re: Out of the Blue |
Draugr |
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Nov 17, 17:22 |
Re: Out of the Blue |
MajorD |
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Nov 17, 17:39 |
Re: Out of the Blue |
^Drag0n^ |
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Nov 17, 15:21 |
Re: Out of the Blue |
Sepharo |
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Nov 17, 16:00 |
Re: Out of the Blue |
MajorD |
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Nov 17, 17:22 |
Re: Out of the Blue |
Wallshadows |
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Nov 17, 20:05 |
Re: Out of the Blue |
xXBatmanXx |
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Nov 17, 20:14 |
Re: Out of the Blue |
nin |
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Nov 17, 20:17 |
Re: Out of the Blue |
xXBatmanXx |
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22. |
Nov 17, 20:43 |
Re: Out of the Blue |
PropheT |
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27. |
Nov 18, 06:03 |
Re: Out of the Blue |
Bhruic |
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28. |
Nov 18, 07:30 |
Re: Out of the Blue |
Julio |
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Nov 18, 07:50 |
Re: Out of the Blue |
Prez |
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35. |
Nov 18, 13:40 |
Re: Out of the Blue |
1badmf |
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36. |
Nov 18, 16:31 |
Re: Out of the Blue |
Fantaz |
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Nov 17, 20:17 |
Re: Out of the Blue |
xXBatmanXx |
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Nov 18, 00:00 |
Re: Out of the Blue |
BobBob |
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Nov 18, 12:15 |
Re: Out of the Blue |
xXBatmanXx |
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