Hostess Unions were never going to make a deal

[CrusaderFrank]

Here's what you probably don't know: Hostess was in bankruptcy from 2004-2009. A private equity firm tied to Richard Gephardt bought them out of bankruptcy.

The bakers union turned down having 2 board representatives and 25% equity in the company

Unions were never interested in making a deal

 

[The Rabbi]

Frank, looking into ti the issue was not the bakers' union. They were pretty efficient at what they did. But you are right they did not want to make a deal because the real issue was the Teamsters union. All the horror stories about needing extra people to unload because drivers refused to do it are all related to the Teamsters. The Bakers were in effect being asked to bail out the Teamsters. Which they refused.

 

[ABikerSailor]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

 

[The Rabbi]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

 

[ScienceRocks]

The unions want to run businesses out of business. They don't really care about the workers.

 

[Black_Label]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

That's what lead to the bankruptcy. The fat cats bankrolled themselves and told the workers to go to hell.

 

[occupied]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

It's kind of like stealing the silverware on the way out of a burning house. They were loading up their golden parachutes and richly rewarding themselves for failure. All of them will end up on the boards of other companies and loot them too. As long as executives can do that kind of thing and their failures are not held against them then this kind of thing will continue to be the normal operating procedure of American corporate take-overs.

 

[The Rabbi]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

It's kind of like stealing the silverware on the way out of a burning house. They were loading up their golden parachutes and richly rewarding themselves for failure. All of them will end up on the boards of other companies and loot them too. As long as executives can do that kind of thing and their failures are not held against them then this kind of thing will continue to be the normal operating procedure of American corporate take-overs.

Proof?
Generally, people making money from an enterprise want to continue doing so.
No, it is the Teamsters, who can go on to other jobs and screw up other industries at fault here.

 

[Political Junky]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

It's kind of like stealing the silverware on the way out of a burning house. They were loading up their golden parachutes and richly rewarding themselves for failure. All of them will end up on the boards of other companies and loot them too. As long as executives can do that kind of thing and their failures are not held against them then this kind of thing will continue to be the normal operating procedure of American corporate take-overs.

Much like Romney did with companies he bought up.

 

[The Rabbi]

Why would management bankrupt a company they were drawing large salaries from?
Duh.

It's kind of like stealing the silverware on the way out of a burning house. They were loading up their golden parachutes and richly rewarding themselves for failure. All of them will end up on the boards of other companies and loot them too. As long as executives can do that kind of thing and their failures are not held against them then this kind of thing will continue to be the normal operating procedure of American corporate take-overs.

Much like Romney did with companies he bought up.

No, nothing like that. ROmney was very successful and the majority of companies he bought went on and succeeded. Others were risky ventures anyway and would have failed.
Where do they teach this stuff??

 

[Black_Label]

It's kind of like stealing the silverware on the way out of a burning house. They were loading up their golden parachutes and richly rewarding themselves for failure. All of them will end up on the boards of other companies and loot them too. As long as executives can do that kind of thing and their failures are not held against them then this kind of thing will continue to be the normal operating procedure of American corporate take-overs.

Much like Romney did with companies he bought up.

No, nothing like that. ROmney was very successful and the majority of companies he bought went on and succeeded. Others were risky ventures anyway and would have failed.
Where do they teach this stuff??

Willard made his fortunes by picking companies clean, throwing the workers on the streets, and shipping their jobs to China.

 

[editec]

Hostess management screwed up. Their products could not compete in the free market.

The unions gave the managment wage and benefits concessions but still Hostess failed to compete in the free market.

Now the creative destruction of capitalism will break up that failing company and its resources will find other better investment opportunities.

Isn't this the standard narrative of how good capitalism works?

Isn't the ability to see that a business is failing, and the ability of capitalism to reassign that companies resources to another investment supposed to be the one of te benefits of free market capitalism?

You right wingers ought to be thrilled that this system works so effectively.

The MONEY will be fine, kids.

And if the union workers are out of work, isn't that something you guys like?

I don't see what you guys are whining about.

You're getting EXACTLY what you want.

 

[tinydancer]

Much like Romney did with companies he bought up.

No, nothing like that. ROmney was very successful and the majority of companies he bought went on and succeeded. Others were risky ventures anyway and would have failed.
Where do they teach this stuff??

Willard made his fortunes by picking companies clean, throwing the workers on the streets, and shipping their jobs to China.

You are such a moron.

Have you ever run your own business?

Tell me your story.

 

[tinydancer]

Hostess management screwed up. Their products could not compete in the free market.

The unions gave the managment wage and benefits concessions but still Hostess failed to compete in the free market.

Now the creative destruction of capitalism will break up that failing company and its resources will find other better investment opportunities.

Isn't this the standard narrative of how good capitalism works?

Isn't the ability to see that a business is failing, and the ability of capitalism to reassign that companies resources to another investment supposed to be the one of te benefits of free market capitalism?

You right wingers ought to be thrilled that this system works so effectively.

The MONEY will be fine, kids.

And if the union workers are out of work, isn't that something you guys like?

I don't see what you guys are whining about.

You're getting EXACTLY what you want.

I love it. They warned them. Lemmings went on strike. Now everyone is FUBAR'D.

What is there not to love?

Atlas Shrugged. Poor poor little union people.

Tissue?

 

[Photonic]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

That was shameful, Rabbi.

 

[tyroneweaver]

Much like Romney did with companies he bought up.

No, nothing like that. ROmney was very successful and the majority of companies he bought went on and succeeded. Others were risky ventures anyway and would have failed.
Where do they teach this stuff??

Willard made his fortunes by picking companies clean, throwing the workers on the streets, and shipping their jobs to China.

sorta like what mayor castro did to san antone......correct

 

[The Rabbi]

No, nothing like that. ROmney was very successful and the majority of companies he bought went on and succeeded. Others were risky ventures anyway and would have failed.
Where do they teach this stuff??

Willard made his fortunes by picking companies clean, throwing the workers on the streets, and shipping their jobs to China.

You are such a moron.

Have you ever run your own business?

Tell me your story.

The only thing Brownlabel ever run was his mouth on the internet. He has no knowledge, no skills, no experience.

 

[Katzndogz]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

While it is true that Brian Driscoll gave himself a large raise while he was head of Hostess, it is also true that he was summarily fired when he did that. Something union droolers want to gloss over. Of course a company in financial trouble is going to fire people, LOTS of people. Companies aren't welfare agencies. The unions killed Hostess and there's no way around it. They could not overcome union demands, although it did try.

 

[The Rabbi]

Considering that the management skipped right over mediation and wanted to go straight to firing people until they were stopped by a judge, I'd say it's Hostess that's not interested in negotiation.

Besides..............is it really right to give management a 35 to 75 percent pay raise, while asking the workers to take an 8 percent pay cut?

Why would management bankrupt a company they were drawing large salaries from?
Duh.

While it is true that Brian Driscoll gave himself a large raise while he was head of Hostess, it is also true that he was summarily fired when he did that. Something union droolers want to gloss over. Of course a company in financial trouble is going to fire people, LOTS of people. Companies aren't welfare agencies. The unions killed Hostess and there's no way around it. They could not overcome union demands, although it did try.

Simple logic and statement of facts. Shame on you.

 

[zeke]

Right wing whack jobs, what is the fuking problem? The hated union members lost their jobs and the much beloved management made off with millions. WTF is the problem?

Just can't get enough twinkies? Talk to Matthew. He's a twinkie and a ding dong combined. And he LOVES you rethug assholes.