Posted on 04/14/2012 6:35:54 PM PDT by Jet Jaguar
The company that makes Twinkies, Wonder bread and Ding Dongs says it's making a final offer to workers to accept cost-cutting before it asks a bankruptcy court to impose the cuts.
Hostess Brands Inc. wants the Teamsters and bakers' unions to accept reduced pension benefits and changes in work rules to lower costs. It wants to outsource some delivery work.
The company said Saturday that if the unions reject the offer, it will push ahead with efforts in bankruptcy court to throw out the unions' collective bargaining agreements. A union official warned that could lead to a strike.
Hostess Brands filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade. A trial to decide the fate of the union contracts is scheduled to start Tuesday.
(Excerpt) Read more at hosted.ap.org ...
Old Twinkies never die, they just fade away...
Little Debbie is smiling.....
Fade away?....heck they last forever!.....even without refrigeration!.....
The Twinkies will last longer than the car.......
These will satisfy your addiction quite nicely!.......
There is a teacher who has a 30 year old Twinkie.
http://www.usatoday.com/tech/news/2004-08-13-twinkie_x.htm
Speckled with bits of mold, the bright yellow cake still adorns his lab, but Bennatti only vaguely remembers why he kept the Twinkie so long.
“We wanted to see what the shelf life of a Twinkie was,” said Bennatti. “The idea was to see how long it would take to go bad.”
The Twinkie stayed on top of the board through his career — joined in later years by a Fig Newton — and occasionally inspired new food experiments. Bennatti estimates the ever-yellow Twinkie is about 30-years-old.
“It’s rather brittle, but if you dusted it off, it’s probably still edible,” Bennatti said. “It never spoiled.”
I found a pkg of Twinkies that had fallen down behind some canned goods in the pantry, that were well over a year out of date. I opened them and they were still soft and mushy and sticky. I did not eat them but threw them away. I theorized that the sugar content is so high that they will stay preserved for a very long time since sugar is a preservative........
Michelle Obama, is that you?
HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!
**snort** **chuckle*** HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!HAHAHAHAHAHAHAHAHAHAHAHAHA!
It’s hard to believe that with jobs as tight as they are now,that someone would rather put a company out of business than take a pay cut.
I have a problem paying guys who do this unemployment.
Hostess Union rememinds me of the Union at a local Boeing plant near by. The Union went out on strike I think nearly a year and finally won. Yep they won. Within two years the plant was shut down and the building sold. The local Union showed them who was running that company. /sarcasm
Many non-union workers have lost jobs, lost benefits, and experienced salary reductions over the last 20 years as this nation has exported jobs. One of the consequences of the choice our nation made during the early 1990’s to open its markets to “free” competition with third world countries, while those third world countries continued to pursue mercantilist trade policies, was to ensure the standard of living of the average worker in America would decline. When even $7.50 per hour US minimum wage labor competes with 10 cent per hour Chinese labor, the lower cost labor will ultimately win or the higher cost labor will lower its “price” to compete.
The US middle class has paid dearly for our 20 year infatuation with globalism and theories of free trade while other nations pursue policies that promote their own self interests. By any measure, the US standard of living has declined for the first time in our history. We can blame unions, but non union workers have experienced the same decline or worse. Ask any textile or furniture worker in a southern right to work state about lost pennons, jobs and income. Ask the few that are left if they don’t go to work every morning wondering if the company will be announcing another downsizing or offshoring of another segment of business. Unions can’t be blamed for the shuttered factories in the southeastern US.
For those convinced that union greed is the source of this nation’s economic ills, consider that in 1965 the average CEO earned 24 times the pay of the average worker. By 2005 the average CEO earned 262 times the pay of the average worker. By 2010 it was 343 times the average worker salary. It seems those at the top may be even more greedy than the union workers and much more successful in securing disproportionate increases in compensation.
Per the US Department of Labor Bureau of Labor Statistics in 2011 only 6.9% of private sector US workers were represented by a union while 37% of public sector workers belonged to unions. It is difficult to conceive unions are having a significant impact on either pay or job loss in the private sector given the low rate of union membership.
If one wants to truly look at greed it would likely be illuminating to examine the severance payments of American companies declaring bankruptcy over the past decade. How much more generous were the severance benefits given to the top 5% most highly compensated executives versus the rank and file workers?
We conservatives can dismiss Obama’s class warfare speeches. Unfortunately, there is enough underlying truth to what he says about the upper 1% that his message is resonating with large segments of the public. I know many middle age hourly workers and middle managers who have been kicked to the curb in their mid 50’s due to downsizings and offshoring of jobs. Some have taken new jobs at 30-40% lower pay than before, not to mention loss of benefits. Others are still looking and consuming their retirement savings to put food on the table. When these terminated workers see their former companies report record earnings and management bonus payouts, they blame a corrupt system and not Obama’s economic policies. From their perspective it is not fair for a company to pay out millions in bonuses to its CEO and executives when it is cutting workers and worker benefits.
We can talk all of the free market theories we want but people are going to vote on what they see and experience in their own lives. The reality in this country is the people at the top are taking a larger share of a shrinking pie. Many working people or unemployed middle class workers are beginning to listen and believe Obama’s class warfare rhetoric. I hope Mr. Romney has an better answer than union bashing when Obama starts talking about the jobs cut at companies owned by Bain Capital and the multimillions in bonuses he earned while at Bain.
I could go for a pink Snowball right now.
LOL! You are about as conservative as Andy Stern or any other union hack.
Eventually cancer kills the host.
What did I say that is not true?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.