Analysis of the Twinkie smack down

Analysis of the Twinkie smack down

Posted in the Columbia Forum

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cutten the fat

Waterloo, IL

#1 Nov 16, 2012
Well I guess the crazy union rules about who can do what broke the camels back. Feel sorry for the workers that are trained only to tie bread ties and now are out of work. Union leadership is hurting their workers
by resisting a change that is being forced upon them by the free markets. The only thugs with power are the ones running stock scams on Wallstreet.
Unions

Columbia, IL

#3 Nov 17, 2012
Yep everyone complains hire union. They r killing jobs now. Look Chrysler. Union says vote no on pay cut. Chrysler won't shut down this billion dollar plant. They didn't blink an eye. Even big corp need to make changes. Unions needs to follow suit.
Unions Suck

Montgomery, AL

#4 Nov 17, 2012
If it were not for Unions we would not have all these companies surviving by a thread. They are a worse enemy than Russia. The Unions have gotten stupid people to believe that this is the only way to make a living, by strong arming and threating strikes to get overpaid wages and huge pension packages. Well look at you now Hostess, soon to be alot more companies with this worthless President in office. Just like the USPS with the law the Union wanted passed and now are crying. The Post Office Union wanted a law passed that would fund 11.1 Billion dollars in pensions for 75 years, but to fund it in only 10 years. You got what you wanted and look at you now. Wake up stupid people.
ding dong

Waterloo, IL

#5 Nov 17, 2012
Gosh darn it.
I'll never get to try a fried twinkie!!!!
Bleeping UNIONS!
fedup

United States

#6 Nov 17, 2012
Without collective bargaining we would mostly be working for survival wages. Ujnions and the work they've done made america half what it is to live in today. They problem is they've gone from standing for decent wages and safe working conditions to tyrants demanding overly cushy benefits, and colleges graduate pay. Some guy working out of the laborors hall digging ditches with zero training isn't worth $22hr plus another 14 in benefits, or construction guys with 2yrs night trade school $30hr + 18 benefits. Teachers don't make that with 4yr degrees. Somewhere in between is the answer.
the truth

Millstadt, IL

#7 Nov 17, 2012
fedup wrote:
Without collective bargaining we would mostly be working for survival wages. Ujnions and the work they've done made america half what it is to live in today. They problem is they've gone from standing for decent wages and safe working conditions to tyrants demanding overly cushy benefits, and colleges graduate pay. Some guy working out of the laborors hall digging ditches with zero training isn't worth $22hr plus another 14 in benefits, or construction guys with 2yrs night trade school $30hr + 18 benefits. Teachers don't make that with 4yr degrees. Somewhere in between is the answer.
Unions have outlived their usefulness.
Xxxx

Waterloo, IL

#8 Nov 17, 2012
Hostess was going bankrupt anyway. They recently tripled salaries of many top executives. Just using the union as an excuse to cover up mismanagement. I promise you those same execs will make a killing selling off brands like twinkie and ding dongs. If the unions are the problem, they would have just hired replacements to take the unions jobs. Happens every day at other companys. They dont go out of business. When the unions are gone, youll be sorry. Our steady downward slide to Mexican wages will quickly accellerate.
fedup

United States

#9 Nov 17, 2012
the truth wrote:
<quoted text>
Unions have outlived their usefulness.
given the republican desire to eliminate the minimum wage, id say they're only too fat for their britches. We need unions, just not union bosses and the inflated egos of trained labor who think they're worth as much or more than college grads and that if you're not union you shouldn't be allowed to work your field, or we need more wage laws and mgmt income difference caps, so managers don't suck company payrolls dry by raising profits temporarily through layoff and such to garner giant bonuses. EVERYone needs to quit expecting to get rich in a day at the cost of closing the doors tomorrow.
cutten the fat sniff

Waterloo, IL

#10 Nov 17, 2012
Now the tax payer gets to pick up the pension costs. Hedge funds scalped this company and the union bosses are to ignorant to fight with brains and not muscle. Does the Romney lesson with Bain capital resonate with any of you non intellects. Unions remain ineffective battling the corrupt corporate elite because they are mostly lead by ignoramuses.
My Opinion

Edwardsville, IL

#11 Nov 17, 2012
The unions went too far but if it werent for unions no one would be making any money.
There are a lot of companies that pay higher wages but less in benefits just to keep people working for them.
If they have their way the US will become a third world country where no one has a job except for people that come here from foreign country's.
They will work for nothing but they bring their families here and all of them will live in a single house or apartment.

American people have pride and their parent's, grand parents worked hard to provide their children with a better life than what they had.
Citizen

Columbia, IL

#12 Nov 17, 2012
A poorly ran company and a poorly led union = a dead company.
Observer

Columbia, IL

#13 Nov 17, 2012
fedup wrote:
Without collective bargaining we would mostly be working for survival wages. Ujnions and the work they've done made america half what it is to live in today. They problem is they've gone from standing for decent wages and safe working conditions to tyrants demanding overly cushy benefits, and colleges graduate pay. Some guy working out of the laborors hall digging ditches with zero training isn't worth $22hr plus another 14 in benefits, or construction guys with 2yrs night trade school $30hr + 18 benefits. Teachers don't make that with 4yr degrees. Somewhere in between is the answer.
I'm no Laborer and I don't dig ditches, but I'm smart enough to know that they have to support a family too. Most college graduates couldn't change a tire, let along dig a ditch, hook up a water line, frame a wall, pour driveway etc. They might make $22 a hour but they are not guaranteed 40 hours a week, 52 weeks a year. And don't even start with teachers, Their enormous pensions is what is bankrupting this state and causing our sky high tax bills.
My Opinion

Edwardsville, IL

#14 Nov 17, 2012
Citizen wrote:
A poorly ran company and a poorly led union = a dead company.
And what do you know about that company? How many years have they been in business? Are they closing down to to bring in cheaper labor from other countries to replace Americans.
Tell me what you know before you run your mouth.

This is whats wrong with this country. All our jobs have been replaced by cheap labor and now no one has any money except the wealthy. Maybe to you that's fair to you but my kids and grandkids have to have a roof over their heads, food to eat, clothing, medical attention and a future too.
Guess your well off and don't have to worry about any of that.
fedup

United States

#15 Nov 17, 2012
Observer wrote:
<quoted text>
I'm no Laborer and I don't dig ditches, but I'm smart enough to know that they have to support a family too. Most college graduates couldn't change a tire, let along dig a ditch, hook up a water line, frame a wall, pour driveway etc. They might make $22 a hour but they are not guaranteed 40 hours a week, 52 weeks a year. And don't even start with teachers, Their enormous pensions is what is bankrupting this state and causing our sky high tax bills.
EVERYbody wants to support their families, even teachers, who's pay has stagnated with the rest of the labor forces for the last eight or ten years, they give our kids the basic knowledge to function in the future. I'm thinking you don't know many teachers. Inflated labor costs are part of the real estate collapse, right next to gas prices, behind borderline loans out the arse, general poor judgement, and ego.
Citizen

Columbia, IL

#16 Nov 17, 2012
My Opinion wrote:
<quoted text>
And what do you know about that company? How many years have they been in business? Are they closing down to to bring in cheaper labor from other countries to replace Americans.
Tell me what you know before you run your mouth.
This is whats wrong with this country. All our jobs have been replaced by cheap labor and now no one has any money except the wealthy. Maybe to you that's fair to you but my kids and grandkids have to have a roof over their heads, food to eat, clothing, medical attention and a future too.
Guess your well off and don't have to worry about any of that.
Hostess threatened bankruptcy 10 years ago, prior to any labor disputes. That = a poorly ran company. The strike was a last ditch effort, the employees could see what was coming, unfortunately their fate had been decided long before. Seriously, this is "fat America" how could the Twinkie fail???
fedup

United States

#17 Nov 17, 2012
My Opinion wrote:
<quoted text>
And what do you know about that company? How many years have they been in business? Are they closing down to to bring in cheaper labor from other countries to replace Americans.
Tell me what you know before you run your mouth.
This is whats wrong with this country. All our jobs have been replaced by cheap labor and now no one has any money except the wealthy. Maybe to you that's fair to you but my kids and grandkids have to have a roof over their heads, food to eat, clothing, medical attention and a future too.
Guess your well off and don't have to worry about any of that.
hostess hasn't been more than a corporate holding for a long time, with no one really running a bakery, just factories making baked good, profiting from the name with little effort. With no changes in the way the company was run for years and years production, labor, and distribution costs slowly ate at the profit margin while consumer interest dropped. Instead of slowly holding back, cutting labor gradually, and improving processes as opportunity arose, they tried to drastically cut wages and benefits at the last minute, asking labor to eat it to put margins back to a level that the ceo of the holding company could get his fat check without any nibbles at it. Fixing hostess would've taken time and effort, the conglomeration that owns it didn't want to bother, so 8000 people lose their jobs, and the holding company will profit over what it paid years ago just for the name, instead of a couple hundred losing jobs and some intelligent policy changes. Yes, the unions are partially responsible, but if hostess was was still an independant company it could've easily kept operating at a profit with most of its employees, and would have. Instead a corporation wasn't making ENOUGH to make hostess worth while. Pretty sure I repeated myself here, but I painted the best picture of hostess and general corporate policy I could.
My opinion

Edwardsville, IL

#18 Nov 17, 2012
fedup wrote:
<quoted text> hostess hasn't been more than a corporate holding for a long time, with no one really running a bakery, just factories making baked good, profiting from the name with little effort. With no changes in the way the company was run for years and years production, labor, and distribution costs slowly ate at the profit margin while consumer interest dropped. Instead of slowly holding back, cutting labor gradually, and improving processes as opportunity arose, they tried to drastically cut wages and benefits at the last minute, asking labor to eat it to put margins back to a level that the ceo of the holding company could get his fat check without any nibbles at it. Fixing hostess would've taken time and effort, the conglomeration that owns it didn't want to bother, so 8000 people lose their jobs, and the holding company will profit over what it paid years ago just for the name, instead of a couple hundred losing jobs and some intelligent policy changes. Yes, the unions are partially responsible, but if hostess was was still an independant company it could've easily kept operating at a profit with most of its employees, and would have. Instead a corporation wasn't making ENOUGH to make hostess worth while. Pretty sure I repeated myself here, but I painted the best picture of hostess and general corporate policy I could.
You made some good points with your comment but do you have any facts to back up what you said?
You mentioned 8000 people are losing their jobs and that's not true.
There are over 18 thousand 500 people losing their jobs and all these people will be on unemployment for awhile, some will end up on welfare and it goes on and on. The total cost of them going out of business is just thousands more Americans out of work and no longer taxpayers.
I don't know what the answer is but I do know the problem is corporate greed. They will reorganize the company and hire cheaper labor with few if any benefits and low wages. That's what America is coming down too.
fedup

United States

#19 Nov 17, 2012
My opinion wrote:
<quoted text>
You made some good points with your comment but do you have any facts to back up what you said?
You mentioned 8000 people are losing their jobs and that's not true.
There are over 18 thousand 500 people losing their jobs and all these people will be on unemployment for awhile, some will end up on welfare and it goes on and on. The total cost of them going out of business is just thousands more Americans out of work and no longer taxpayers.
I don't know what the answer is but I do know the problem is corporate greed. They will reorganize the company and hire cheaper labor with few if any benefits and low wages. That's what America is coming down too.
what I said is mostly information gathered from the last week of news reports, with some basic obviousness thrown in to clarify motives, which you seem to know already. I ranged my quote of unemployed low because I couldn't remember for sure that it was 18 and not 8 thousand. The company name will be sold, along with whatever of the infrastructure that is negotiable into the sale. Most likely someone already operating will want the name and not the plants or help, so property and equipment will end up in liquidation. Cheaper labor is coming, but honestly, while progress and profit are the american way, americans need to learn how to spend wisely, maintain their property, expect to own less out of high school than their parents do at 40(nobody works their way up any more, they just buy everything they want the minute they get credit, then never get anything paid for to get ahead), and live within their means, not expect their means to match their credit card bill after they've screwed themselves into a lifetime of debt at 23.
greed

Waterloo, IL

#20 Nov 17, 2012
It's everywhere. It's just that the greed of the Hostess execs out trumped the greed of the unions. You can bet they they will be able to buy a couple of more vacation homes and maybe another lear jet or two with the profits from that sale. A Mexican Company is eying Hostess. And there ya go. Another American icon company bites the dust and another foreign company buys it up. But the greed of the American public trumps them all. If it's cheaper, who cares where it's made or who makes it...right?
My Opinion

Collinsville, IL

#21 Nov 18, 2012
fedup wrote:
<quoted text> what I said is mostly information gathered from the last week of news reports, with some basic obviousness thrown in to clarify motives, which you seem to know already. I ranged my quote of unemployed low because I couldn't remember for sure that it was 18 and not 8 thousand. The company name will be sold, along with whatever of the infrastructure that is negotiable into the sale. Most likely someone already operating will want the name and not the plants or help, so property and equipment will end up in liquidation. Cheaper labor is coming, but honestly, while progress and profit are the american way, americans need to learn how to spend wisely, maintain their property, expect to own less out of high school than their parents do at 40(nobody works their way up any more, they just buy everything they want the minute they get credit, then never get anything paid for to get ahead), and live within their means, not expect their means to match their credit card bill after they've screwed themselves into a lifetime of debt at 23.
I can't disagree with most of what you said and in fact I do agree with you that most Americans do buy a lot of things they really could do without.
What bothers me is there is nothing left for the Americans since we have become a global community with all the free trade agreements all over the world.
The politicians and the corporations have absolutely sold this country out so they can make money and get rich off the backs of the poor that will work for nothing. Americans cannot live on what some of the people in emerging nations have to live on.

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