colorado also passed a recreational marijuana law in the last election... and guess who seems to be on the up side of this?

http://espn.go.com/nfl/story/_/id/85...hn-pizza-shops

Originally Posted by Prins Willem

I also have a question for the union guys on here. Who protects the company from the unions?

The government, by allowing them to offshore production without facing any serious import tariffs, and the American people who tirelessly attack unions as the sole reason there are 'no jobs for the working class anymore'.

Now that Hostes is gone--what are all those pot heads going to be doing for snacks ...

Tommy's

We just 'stocked up' on Hostess, as soon as the word came out (for our earthquake survival kits, of course, since there is no need to worry about shelf life ) No Ding Dongs, though.

Pete G.

Just as I figured from the start. The threat to shut down was simply to force the union to concessions.

Originally Posted by Kmot

Tommy's

Tom, have you ever seen a burger that tall in real life---?

Originally Posted by der kapitan

Tom, have you ever seen a burger that tall in real life---?

Go look up the Heart Attack Grill in Vegas and check out the Quadruple Bypass Burger.

http://www.wired.com/business/2012/11/hostess/ According to the article the bakers and Hostess meet today for arbitration, now we see who has more time/money to win the whizzing contest the bakers or Hostess. Bet Hostess (who still owns the names which equals ALL the money) wins this one.
Foo

Originally Posted by ZZ56

The government, by allowing them to offshore production without facing any serious import tariffs, and the American people who tirelessly attack unions as the sole reason there are 'no jobs for the working class anymore'.

Maybe you need a bit of an economics lesson. Why do we have so many robots in American manufacturing facilities? Look up a term called the capital/labor ratio. As the price of labor increases, without an increase in output, the relative cost of robots and machines (capital) goes down. When your labor union works to increase your wages and benefits, it makes robots more attractive. Why would any for profit entity continue to pay higher and higher compensation for continued low output?

Read up on what happened to England in the '80s when labor unions almost brought their entire economy down and how successful that economy became when Margaret Thatcher finally won her fight with the unions.

Look up the economic terms, dead weight loss of government, comparative advantage and the benefits of free trade, and the deadweight loss of import tariffs.

There is no economic benefit to government meddling in free market economics.
If you truly want your eyes open to the dangers of Keynesian economic policies check out this mini-series:
http://www.pbs.org/wgbh/commandingheights/lo/index.html

The bottom line is, despite all the rumors, finger pointing, etc. that Hostess will be no more.

Why should anyone have to look up economic terms---?

Originally Posted by craig_c

Andy, et all....

The employees voted to stay out on strike KNOWING their jobs would be forfeit. The "owners" were vulture private-equity funds. Financial rapists, who had apparently already forced major working condition, benefit, pension and wage concessions from their employees previously by threatening to take the company into bankruptcy, firing everyone and selling out if the employees didn't bend the knee. The employees capitulated but management still took the company into bankruptcy again anyway. (Also, according to a management-hired consultant, the proposed cuts to the employees compensation wouldn't have saved the company and he also pointed out that company executive compensation would not have been adversely impacted by the proposed cuts.)

The vultures and management were ramming a bankruptcy court-ordered 27 to 32 percent combined wage and benefit reduction down the workers throats. Those were their own jobs to sacrifice! The employees just went all-in and called instead of folding like the good little serfs management expected.

It was the workers' right to shove their proverbial finger up the company. I think you might do it too if your employer walked in and said 'you're going to take a 27 percent or more compensation cut. You don't like it? Well tough ! We got the judge to go along with it. We have voided your contract.'

I'd say that, like Samson, the employees were entitled to bring these financial Philistines' gilded temple down upon their heads, after all it had been the employees' workplace in the first place.

Americans bend no knees to kings, financial nor otherwise. It is high time Main Street got its guts (and other parts) back and reminds Wall Street of that fine old tradition.

(Oh, and don't worry. Your sweet tooth won't go a-wanting. One of the other industrial bakers, Entenmann's owner, Bimbo Bakeries USA has already been mentioned, will buy the rights to the Hostess Brands and recipes. The Ho Hos, Twinkies and Ding Dongs will probably be back on grocery shelves in a year of two. Wonder Bread will rise again.)

Yeah they bend no knees to anyone.....BS.....but now we the people who actually will work have to support them. Maybe if they starved then they would want to work. Let's face it this is just another Obama attempt to destroy the private sector.

Originally Posted by der kapitan

Why should anyone have to look up economic terms---?

Because the inherent risk with free democratic elections is that when the electorate decide not to educate themselves they use the power of numbers to make uneducated policy decisions that may be in their own personal self interest without regard for the welfare of the state or the economy.

Exactly.

That's why we need a Constitutional amendment so that anybody who receives direct compensation from the government, except earned retirement benefits*, cannot vote in any election.

*SS retirement benefits are OK, SS disability pre-retirement age benefits get you out of the voting list.

Originally Posted by AndyKunz

Wow. A huge company taken down by an obnoxious minority. That really stinks! Open your eyes, America!

Ho Ho's are so much better than the other brands, and Twinkies, and all their other stuff. I'm really bummed

Andy

Sorry for the late response but I hope to god Andy that the obnoxious minority you are referring to are the 6 CEOs that failed one after another to boost sales since the 90's. Notice I said 'sales' not 'profits', because even after the workers accepted pay and benefit cuts, the money saved was not reinvested i.e. into new product development or marketing, either of which would have been better uses of the money than to pay dividends to shareholders. When a company puts its stockholders ahead of the workers who produce, even something as steadfast as the twinkie shrivels up and rots.

Isn't this discussion getting overly political over a bunch of cupcakes---?