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Curses on those American citizens who exercise their rights to freely associate and make contracts!
Unions killing another American company
The privately held Irving, Texas, company's move marks the second significant court restructuring in the past several years. In a statement, Hostess said the current cost structure "is not competitive, primarily due to legacy pension and medical benefit obligations and restrictive work rules." It said it would be able to maintain operations thanks to a $75 million financing commitment from a group of lenders.
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Curses on those American citizens who exercise their rights to freely associate and make contracts!
"When a true genius appears in the world, you may know him by this sign, that the dunces are all in confederacy against him."
~ Jonathan Swift
Rana (01-11-2012)
Nicotine Deprived...
JPP Staff
Let's see if they are smart enough to negotiate back to a viable cost structure so they can keep these jobs in the US. That would be a nice change. The company must be competitive if they are to keep their jobs and receive any of the pension they may negotiate.Originally Posted by sedan
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
icedancer2theend (01-12-2012)
Tough shit. Do you want the papa government to baby the poor corporation, that can't take care of itself? Conservatives always go and cry to papa government when things don't go their way, to interfere in the wisdom of the market in order to make it less efficient and baby the upper class so that it can keep its position.
"Women hold up half the sky." - Mao Zedong
sedan (01-12-2012)
The union didn't kill this company. The company killed itself. Want to stay in business? Don't make promises you can't keep, dumbass. Whatever happened to personal responsibility, and why don't conservatives believe that you should be held responsible for your own actions?
"Women hold up half the sky." - Mao Zedong
What a croc. Their product is garbage, sales of garbage are dropping. Let's blame falling sales on union workers.
Even frikking Mcdonalds has all kinds of healthier menu options.
By the way, how much does the CEO make? How about management in general?
wow, that is so ironic.
You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence. —CHARLES A. BEARD
The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them. - Patrick Henry
Loyal to the end
What's Zippy going to do without all those Ho hos's?
Loyal to the end
Here's their non-union competition in The South, doing well financially with less expensive products:
http://www.littledebbie.com/about/fast_facts.asp
I blame it on the Democrats and place that blame right at the White House steps.
(Excerpt) Sales of its signature Twinkies have declined a bit recently while the overall bakery-snacks category has been about flat. Nearly 36 million packages of Twinkies were sold in the year ended Dec. 25, down almost 2% from a year earlier,..(End)
The First Lady, travelling around the country, talking about nutritious food/school lunches is driving a stake through the heart of the empty-calorie, sugar filled, preservative-laden snack business. People talk about kids being lazy, having no ambition, while they deliberately attack the "sugar fix" so many kids crave. That "go-get-'em", hyper-active attitude kids were known for has declined to the point where even the defacing of public buildings by graffit is declining.
It's time for a Republican, Conservative, capitalistic campaign to fill our schools with snack machines. Do we want our 14 year olds to be leaning on mops or scrubbing those those toilets?
It's time to take the country back, back to the days of child labor, malnourished children and company executives living in mansions with servants. To hell with the unions!
(I'm Gingrich, Perry, Paul, Romney, Huntsman and Santorum and I approve this message.)
"May your reality be as pleasant as mine."
Loyal to the end
Non-union shop:• Sales of Little Debbie® snacks represent a third of the snack cake market, making Little Debbie® the No. 1 brand of snack cakes.
Little Debbie® products on average sell for half that of other leading brands
Nicotine Deprived...
JPP Staff
The company isn't "dead" and the management is working on renegotiating to a more realistic cost structure. Again, let's see if the union is smart enough to negotiate a realistic retirement that will keep the company moving and their jobs here in the US. Otherwise, I see Hostess going the way of Hershey's.
And yes, the management should definitely have said "no" to stuff they couldn't perpetuate. Just like states, like Colorado, should have said "no" to some of the demands of teachers when creating their retirement programs.
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
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