Hostess assets parcelled out

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Bushwhacker

Kent, WA

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#205
Apr 12, 2013
 

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non-starter wrote:
Did union workers simply get their 'Just Desserts' for backing Hostess into a corner with too many unreasonable demands?
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Troll, stealing another author's work ?? Isn't that against your rules ?? So sad, you're a hypocrite POS !!! Of course, I knew... LMAOROTFU~!
non-starter

Burnsville, MN

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#206
Apr 12, 2013
 

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Blah, blah, blah, stealing the bread out of the mouth of a union brother(the bakers' union stole it out of the teamsters' mouths this time though), blah, blah, blah, IMMR, blah, blah, blah.
Bushwhacker

Kent, WA

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#207
Apr 12, 2013
 

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Troll, stealing another author's work ?? Isn't that against your rules ?? So sad, you're a hypocrite POS !!! Of course, I knew... LMAOROTFU~!
The game

Saint Paul, MN

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#208
Apr 12, 2013
 

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Don't hate the players, if you want to change the way executives get compensation, get the rules changed. This is America, you can boycott the product. The fact is that when they discontinued the hostess items, they were sold out everywhere in one week. Seems some people don't care about mgt. or workers, just the final product. Cheap labor will deliver an affordable product, and profits for a public company.
Bushwhacker

Kent, WA

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#209
Apr 12, 2013
 

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The game wrote:
Don't hate the players, if you want to change the way executives get compensation, get the rules changed. This is America, you can boycott the product. The fact is that when they discontinued the hostess items, they were sold out everywhere in one week. Seems some people don't care about mgt. or workers, just the final product. Cheap labor will deliver an affordable product, and profits for a public company.
Too bad about your comma after "and".... if you can't write like an adult, perhaps you should get the rules changed ??? Do another moniker and pretend the "rules" don't include freedom of speech...
Bushwhacker

Kent, WA

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#210
Apr 12, 2013
 

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Well, as usual, poor working people who stand up for themselves bring out the ire of trolls...

Troll, why is it that you can't stand the idea, people NEED a living wage ?

I mean, if they're trying to be self sufficient, WHAT'S YOUR F'N BYTCH !!!

Guess, the idea of retirements is rethugnant to you, but it's nice to have something to look forward to, besides DELICIOUS PhillipKs VodKa !
Bushwhacker

Kent, WA

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#211
Apr 12, 2013
 

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non-starter wrote:
Blah, blah, blah, stealing the bread out of the mouth of a union brother(the bakers' union stole it out of the teamsters' mouths this time though), blah, blah, blah, IMMR, blah, blah, blah.
Stealing was done by management, SPECIFICALLY worker's PENSIONS, PUTZ !!

When you're ready to pay them their contractual coin, you can comment intelligently.... blah, blah, blah...
non-starter

Burnsville, MN

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#212
Apr 12, 2013
 

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Blah, blah, blah, stealing the bread out of the mouth of a union brother(the bakers' union stole it out of the teamsters' mouths this time though), blah, blah, blah, IMMR, blah, blah, blah.
LIbEralS

Saint Paul, MN

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#213
Apr 12, 2013
 

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go to school and get a real job.

America is going NON union.
Bushwhacker

Kent, WA

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#214
Apr 12, 2013
 

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Stealing was done by management, SPECIFICALLY worker's PENSIONS, PUTZ !!

When you're ready to pay them their contractual coin, you can comment intelligently.... blah, blah, blah...

America is losing pensions at the same rate...

How "nice" for you... LMAOROTFU~!

Ignore investments, I'll happily hire you, to do chores....
Bushwhacker

Kent, WA

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#215
Apr 12, 2013
 

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LIbEralS wrote:
go to school and get a real job.
America is going NON union.
Like the striking NY fast food worker, the janitors, and the security guards....

Oddly, you read stories daily about strike, huh ???
non-starter

Burnsville, MN

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#216
Apr 12, 2013
 

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Bushwhacker wrote:
<quoted text>Like the striking NY fast food worker, the janitors, and the security guards....
Oddly, you read stories daily about strike, huh ???
At the apex of union density in the 1940s, only about 9.8% of public employees were represented by unions, while 33.9% of private, non-agricultural workers had such representation. In this decade, those proportions have essentially reversed, with 36% of public workers being represented by unions while private sector union density had plummeted to around 7%. The US Bureau of Labor Statistics most recent survey indicates that union membership in the US has risen to 12.4% of all workers, from 12.1% in 2007. For a short period, private sector union membership rebounded, increasing from 7.5% in 2007 to 7.6% in 2008.[18] However, that trend has since reversed. In 2009, the union density for private sector stood at 7.2%.[19]

http://en.wikipedia.org/wiki/Labor_unions_in_...
Bushwhacker

Kent, WA

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#217
Apr 12, 2013
 

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The 60 percent of households earning between roughly $20,000 and $101,000 collectively earned 46.6 of all income, a 1.5 percent drop. In 1990, they shared over 50 percent of income.

In contrast, the census data show, the top fifth rose 1.6 percent in 2011 after several years of decline during the recession. The biggest gains went to the top 5 percent, who earn more than $186,000; their share of income jumped almost 5 percent in a single year.

Scholars said the disparate numbers underscore the many prisms through which different groups of people view the anemic economic recovery.

“It explains the disconnect between the numbers saying there’s slow improvement and job growth, and the way people feel, because they haven’t recovered,” said Sarah Burd-Sharps, co-director of Measure of America at the Social Science Research Council.“It’s partly because the recovery has mostly been felt at the top.”

Tim Smeeding, director of the Institute for Research on Poverty at the University of Wisconsin at Madison, said the working class, whose pay tops out about $62,000, are bearing the brunt of the income squeeze.
Bushwhacker

Kent, WA

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#218
Apr 12, 2013
 

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One of the first things that Hitler did when he came to power was rid Germany of labor unions.

Those who do not know the past are doomed to repeat it.

Stronger than ever today and so is Germany's economy...

In the frantic race to the bottom in the US, lower wages, no health care or very expensive health care, cuts in Social Security and Medicare, attacks on unions Germany proves the US is on the wrong path.

With strong unions, with universal health care, with strong green economy, social security and unemployment benefits, with strong public education system, Germany is thriving with its exports surging and a big trade surplus.

The US tanks with attacks on unions, no universal health care, weak green economy, cuts to social security and unemployment, cuts to public education. The US has massive trade deficits and rising unemployment and the wrong jobs...
events

Minneapolis, MN

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#220
Apr 25, 2013
 

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union free

Twinkies' future could be union-free

free at last, free at last free at last.
non-starter wrote:
Judge OKs Hostess's Twinkies, Ding Dongs sale
Credit: Reuters/Jim Young
Tue Mar 19, 2013 3:11pm EDT
(Reuters)- Twinkies, Ding Dongs and Wonder Bread may soon be back in stores after a bankruptcy court judge on Tuesday approved sales of several iconic brands that had been owned by the failed Hostess Brands Inc.
Buyout firms Apollo Global Management and Metropoulos & Co teamed up for Hostess's snack cake brands, paying $410 million for Twinkies, Ho Hos, Ding Dongs and Donnettes.
Flowers Food Inc, which makes Tastykakes snacks, picked up most of Hostess's bread business, including its Wonder and Nature's Pride brands for $360 million. The No. 2 U.S. baking company also bought 20 bakeries and other operations.
The Beefsteak brand of bread was sold for $31.9 million to Mexico's Grupo Bimbo S.A.B. de C.V., the world's largest bread maker. Bimbo already owns Entenmann's cakes, Arnold bread and Thomas' English Muffins.
Hostess also said on Tuesday that United States Bakery had the winning bid in the March 15 auction for its remaining bread brands: Eddy's, Standish Farms and Grandma Emilie's. United States Bakery agreed to pay $30.9 million.
Hostess filed for bankruptcy last year and gave up on its plans to emerge from bankruptcy in November, blaming a strike by its bakers union for its failure to emerge from Chapter 11.
The bakers union said in a statement on Tuesday its members would be "indispensable partners" in restarting the former Hostess facilities and getting the products back into stores.
The money raised from the sales will be used to pay off Hostess's creditors, which the company said totaled $1.43 billion when it filed for bankruptcy.
Hostess will return to court on April 9 to ask U.S. Bankruptcy Court Judge Robert Drain to approve the sale to United States Bakery and a separate sale of its line of Drake's snacks. Drake's Coffee Cake, Ring Dings and Devil Dogs were sold to McKee Foods Corp for $27.5 million.
The bankruptcy is: In re Hostess Brands Inc, U.S. Bankruptcy Court, Southern District of New York, No. 12-22052.
I especially liked this line in the Reuters article.....
"The bakers union said in a statement on Tuesday its members would be "indispensable partners" in restarting the former Hostess facilities and getting the products back into stores."
Yeah, like any of the new owners are going to start off with the union that killed off the restructuring in bankruptcy court.
Unions, for people bad at rational thought.
Bushwhacker

Kent, WA

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#221
Apr 25, 2013
 

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There goes quality... Odd, teabaggers WANT part time, unhappy, underpaid "workers" handling their food...

Sure seems like a perfect opportunity for secret sauce disaster...

Of course, in the "road kill" world, who cares ???

Since: Oct 08

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#222
Apr 26, 2013
 

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Union workers got shafted by Union Bosses! Case Closed!
Bushwhacker

Kent, WA

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#223
Apr 27, 2013
 

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Union men got better jobs, something you seem to hate for Americans...

Pretty sad, YOU SUPPORT management pension THEFT !!!

Since: Oct 08

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#224
Apr 30, 2013
 

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Repeat:Union workers got shafted by Union Bosses! Case Closed!
Bushwhacker

Kent, WA

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#225
Apr 30, 2013
 

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I have to say, you're the ugliest parrot, I've ever encountered. Why do you chew your own tail feathers, do you like the taste of your own crap ???

While paying millions to its executives, Hostess took the money that was supposed to go into employees’ pensions and used it for other things.

Hostess just went bankrupt and got a judge to allow them to pay $1.75 million in bonuses to 19 of their executives. Yet… It turns out that Hostess took the money that was supposed to go into employees’ pensions and used it for other things. They say they spent it on company operations, but court records show them asking for permission to pay their CEO and other executives a lot of money.

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