Thread: Discussion Hostess.
View Single Post
Old Nov 20, 2012, 07:23 PM
rlboats2003 is offline
Find More Posts by rlboats2003
Registered User
rlboats2003's Avatar
United States, NY, Buffalo
Joined Oct 2003
641 Posts
In the world of reality

Hostess is a private held company - That means the management has the authority to close the company or take it through bankruputcy any time they want.
They get to sell their property, brand and product to some else if they are so inclined. The also have to follow state laws when it comes to notification to the Unions and give them proper notice as identifed by the feds and state.

I don't feel this is a republican or democratic thing - it is business, Hey this coming from some one who was caught up in a reorganization of the quality organization and was laid off on October 9. Do I blame a political party over it, no it was just business. My job is either start a new business or find a Job. It may be tough but that are my options.

The reality is - as more private held business have to pay a larger tax base, and have reduced profits, the reality is business owners may just close the business and invest the sell off and have a nice life. The reality is our president was wrong when he identifed the worker as the risk takers and the owners as just the people who run the business. The risk takers are the people who put the money up and the rest are employees, and are important, but are not puting their money up as risk takers.

Sorry if this offends people but This still is the United States and Owners can close down their business as long as they meet state and possible federal requirements.

I guess I go get one of the last twinkes in the house,
Have a good thanksgiving,
rlboats2003 is offline Find More Posts by rlboats2003
Reply With Quote