The Hostess-Twinkie who did what to kill it/them thread

[occupied]

The real parasites are the ******* board, after giving themselves a huge pay raise in July, $750,000 to $2,550,000 in the case of the CEO, they demanded workers take substantial pay and pension cuts. If the company is in such bad shape why the unwillingness to share the pain? Those assholes are going to loot the company, leave with juicy golden parachutes and stick it to the people who worked there for years and the workers are the bad people for getting upset and trying to fight.

 

[American_Jihad]

The real parasites are the ******* board, after giving themselves a huge pay raise in July, $750,000 to $2,550,000 in the case of the CEO, they demanded workers take substantial pay and pension cuts. If the company is in such bad shape why the unwillingness to share the pain? Those assholes are going to loot the company, leave with juicy golden parachutes and stick it to the people who worked there for years and the workers are the bad people for getting upset and trying to fight.

You need to get the new money...

 

[occupied]

The real parasites are the ******* board, after giving themselves a huge pay raise in July, $750,000 to $2,550,000 in the case of the CEO, they demanded workers take substantial pay and pension cuts. If the company is in such bad shape why the unwillingness to share the pain? Those assholes are going to loot the company, leave with juicy golden parachutes and stick it to the people who worked there for years and the workers are the bad people for getting upset and trying to fight.

You need to get the new money...

You need to know the sick feeling of the head office suits cutting your pay and robbing your pension plan.

 

[Locke11_21]

The real parasites are the ******* board, after giving themselves a huge pay raise in July, $750,000 to $2,550,000 in the case of the CEO, they demanded workers take substantial pay and pension cuts. If the company is in such bad shape why the unwillingness to share the pain? Those assholes are going to loot the company, leave with juicy golden parachutes and stick it to the people who worked there for years and the workers are the bad people for getting upset and trying to fight.

You need to get the new money...

You need to know the sick feeling of the head office suits cutting your pay and robbing your pension plan.

You need to know the sick feeling of the Democrat-Union money landering scheme where every taxpayer is having money stolen from them through taxes, yes our taxes pay for public sector unions, who when they charge their members dues, the money goes right back to the Democrat Party. Yeah. Or how about how the United Auto Workers Unions and SEIU stealing money from Medicaid that is meant for disabled children

Democrat Money-Laundering Scheme Steals Millions Of Dollars From Disabled To Fund SEIU « The Daley Gator


Yeah, next time you see a Union claiming how much they love children, bring this one up and see how they react. I am just hoping in the 2014 and 2016 elections at local, state and federal election levels, we see a multitude of anti-union candidates win, and they implement policies that will so completely destroy unions, they will never recover from it. The best thing that can happen to the U.S. and its economy is the complete and total destruction of unions.

 

[bucs90]

Why dont they just reopen the plant to a non-union state..like South Carolina?

I think their business is hurt as much by the emerging trend of eating healthier than just the unions. Revenue is down because people have wised up to the idea that eating shitty food will kill you.

 

[American_Jihad]

Teamsters: Bakery Workers Should Hold Secret Ballot Vote at Hostess

November 15, 2012

Unannounced Strike Has Put Thousands of Jobs in Jeopardy

(WASHINGTON) – Today, the Teamsters Union announced its recommendation to the Bakery, Confectionary, Tobacco and Grain Millers International Union (BCTGM) that a vote of its Hostess members by secret ballot should be held to determine if the workers want to continue their strike of the company and force it into liquidation.

On Wednesday, Nov. 14, Hostess Brands indicated that if it couldn’t resume normal operations by 5 p.m. EST on Thursday, Nov. 15 that it would have to begin the liquidation process. Teamster Hostess members and all Hostess employees should know this is not an empty threat or a negotiating tactic, but the certain outcome if members of the BCTGM continue to strike. This is based on conversations with our financial experts, who, because the Teamsters were involved in the legal process, had access to financial information about the company.

---

occupied, see this, it's called a link::: http://www.teamster.org/content/teamsters-bakery-workers-should-hold-secret-ballot-vote-hostess

 

[ScienceRocks]

America is finished unless we can beat the ******* unions.

 

[occupied]

America is finished unless we can beat the ******* unions.

Unions have never been more powerless and are the last defender of the company pension but you people still press the attack. After the company pension is a distant memory, you've allowed Wall Street to rob all the private retirement accounts and you people kill SS I just wonder how any of us will live when we are old. That is what is at stake here, not just some shitty snack food or a pissing contest with unions, the very foundation of working class retirement is under attack by the plutocrats with the full support of a legion of blue collar right wing assholes who do not seem to even notice that they are cutting their own throats. They are not going to allow any of us a comfortable old age, be prepared to work until the day you die.

 

[OKTexas]

hahahahahahahahahahahahah


workers have rights even if you dont want them to have rights.



sell your hate of workers to the American people.

Im sure they love twinkies more than freedom.

Jesus you people just dont get it

Well they're getting their freedom, to seek employment elsewhere. Let them eat cake.

 

[OKTexas]

Why dont they just reopen the plant to a non-union state..like South Carolina?

I think their business is hurt as much by the emerging trend of eating healthier than just the unions. Revenue is down because people have wised up to the idea that eating shitty food will kill you.

The cost of their raw ingredients is up 40-80% thanks to the governments food to fuel programs.

 

[Political Junky]

Twinkie - Wikipedia, the free encyclopedia

Enriched wheat flour, sugar, corn syrup, niacin, water, high fructose corn syrup, vegetable and/or animal shortening – containing one or more of partially hydrogenated soybean, cottonseed and canola oil, and beef fat, dextrose, whole eggs, modified corn starch, cellulose gum, whey, leavenings (sodium acid pyrophosphate, baking soda, monocalcium phosphate), salt, cornstarch, corn flour, corn syrup, solids, mono and diglycerides, soy lecithin, polysorbate 60, dextrin, calcium caseinate, sodium stearoyl lactylate, wheat gluten, calcium sulphate, natural and artificial flavors, caramel color, yellow #5, red #40.[7]

A single Twinkie contains 2.5 grams of saturated fat, representing 13% of the recommended daily intake of saturated fat based on a 2,000 calorie diet.[8]

 

[Bigfoot]

I am going to buy a couple of boxes of Twinkies tomorrow, they are good.

 

[Photonic]

Maybe we can start buying Twinkies from China.

Thanks for collapsing another great American institution, Union filth.

Because all the problems in the world are caused by workers not putting up with being pissed on.

 

[JoeB131]

The news media is treating this like a joke, Tee..hee...heee, we can say "Twinkies" and "Ding dongs" in a news report.

The reality is, a big hedge fund bought up this company that had been around for 85 years, and as they are wont to do, they started squeezing the employees for concessions in order to pay themselves dividends and bonuses. In short, everything that has been wrong with this economy for the last 30 years.

The unions already made concessions on pay and pensions, and instead of using that money to invest in new equipment, the HEdge fund just looted the money. And now they are in crisis, partially because of the bad decisions, partially because we are more health conscious and not eating as much of that garbage, and partially because the working folks there actually have the ability to say "Enough".

 

[daveman]

hahahahahahahahahahahahah


workers have rights even if you dont want them to have rights.



sell your hate of workers to the American people.

Im sure they love twinkies more than freedom.

Jesus you people just dont get it

Oh, no, we get it. Union members are now unemployed -- by their own choice.

Yeah, THAT'LL show the company!

Idiots.

 

[JoeB131]

hahahahahahahahahahahahah


workers have rights even if you dont want them to have rights.



sell your hate of workers to the American people.

Im sure they love twinkies more than freedom.

Jesus you people just dont get it

Oh, no, we get it. Union members are now unemployed -- by their own choice.

Yeah, THAT'LL show the company!

Idiots.

The hedge fund that tried to loot the company is going to take a loss, too. So, yeah, that will show them. They have a bunch of facilities they can't sell easily. They can probalby sell the brand names off to other people, but frankly, their competitors already have their cheap copies.

The unions already made concessions, and the Hedge Fund just paid themselves bonuses instead of fixing what ailed the company...

 

[Steelplate]

The news media is treating this like a joke, Tee..hee...heee, we can say "Twinkies" and "Ding dongs" in a news report.

The reality is, a big hedge fund bought up this company that had been around for 85 years, and as they are wont to do, they started squeezing the employees for concessions in order to pay themselves dividends and bonuses. In short, everything that has been wrong with this economy for the last 30 years.

The unions already made concessions on pay and pensions, and instead of using that money to invest in new equipment, the HEdge fund just looted the money. And now they are in crisis, partially because of the bad decisions, partially because we are more health conscious and not eating as much of that garbage, and partially because the working folks there actually have the ability to say "Enough".

But......but.....Vulture Capitalism is GOOD!

 

[JoeB131]

The news media is treating this like a joke, Tee..hee...heee, we can say "Twinkies" and "Ding dongs" in a news report.

The reality is, a big hedge fund bought up this company that had been around for 85 years, and as they are wont to do, they started squeezing the employees for concessions in order to pay themselves dividends and bonuses. In short, everything that has been wrong with this economy for the last 30 years.

The unions already made concessions on pay and pensions, and instead of using that money to invest in new equipment, the HEdge fund just looted the money. And now they are in crisis, partially because of the bad decisions, partially because we are more health conscious and not eating as much of that garbage, and partially because the working folks there actually have the ability to say "Enough".

But......but.....Vulture Capitalism is GOOD!

The Hedge Fund offered the Union 25% of Hostess's debt in their offer. Wasn't that generous of them?

 

[JoeB131]

Here's a list of the concessions the unions made to keep Hostess afloat...

http://bctgm.org/PDFs/HostessFactSheet.pdf

Hostess first entered bankruptcy in 2004 after a failed restructuring attempt. During the first bankruptcy, which lasted 4.5 years, BCTGM local unions and members at Hostess (then IBC) agreed to significant wage and benefit concessions that brought Hostess wage rates below national competitors.

Beginning in 2003, Hostess began closing production plants, thrift stores and consolidating driver sales units, resulting in a major loss of employment for its unionized workforce. Before the first Hostess bankruptcy, the BCTGM represented more than 10,000 Hostess workers. That number is now approximately 5,000 due to plant closings.

Reports suggest Hostess saved $110 million because of the concessions its unionized workforce took. The money was NOT reinvested in the business (see below).

In 2009, Hostess Brands emerged from bankruptcy as a private company controlled by a private equity firm (Ripplewood Holdings) and two hedge funds (Silver Point Capital, and Monarch Alternative Capital). The new ownership promised to focus on brand building, modernize its plants and trucks, and invest in new technology that other baking companies were employing. Instead, aging trucks and plant machinery were not replaced. New technology was ignored. The company’s debt continued to grow, and its sales continued to decrease.

In 2011, the company was floundering and again demanded major concessions from
its unionized members.

Workers refused additional givebacks. Hostess filed for bankruptcy for the second time
in January 2012.

 

[Steelplate]

Here's a list of the concessions the unions made to keep Hostess afloat...

http://bctgm.org/PDFs/HostessFactSheet.pdf

Hostess first entered bankruptcy in 2004 after a failed restructuring attempt. During the first bankruptcy, which lasted 4.5 years, BCTGM local unions and members at Hostess (then IBC) agreed to significant wage and benefit concessions that brought Hostess wage rates below national competitors.

Beginning in 2003, Hostess began closing production plants, thrift stores and consolidating driver sales units, resulting in a major loss of employment for its unionized workforce. Before the first Hostess bankruptcy, the BCTGM represented more than 10,000 Hostess workers. That number is now approximately 5,000 due to plant closings.

Reports suggest Hostess saved $110 million because of the concessions its unionized workforce took. The money was NOT reinvested in the business (see below).

In 2009, Hostess Brands emerged from bankruptcy as a private company controlled by a private equity firm (Ripplewood Holdings) and two hedge funds (Silver Point Capital, and Monarch Alternative Capital). The new ownership promised to focus on brand building, modernize its plants and trucks, and invest in new technology that other baking companies were employing. Instead, aging trucks and plant machinery were not replaced. New technology was ignored. The company’s debt continued to grow, and its sales continued to decrease.

In 2011, the company was floundering and again demanded major concessions from
its unionized members.

Workers refused additional givebacks. Hostess filed for bankruptcy for the second time
in January 2012.

Oh....I know....or at least have seen it enough times before to know.

But when right wingers speak....they speak in propaganda that was spoon fed to them....to them, there is no other side to the story, the workforce sucks and the company can do no wrong.