Twinkies maker Hostess plans to go ou...

Twinkies maker Hostess plans to go out of business

There are 1622 comments on the Reuters story from Nov 16, 2012, titled Twinkies maker Hostess plans to go out of business. In it, Reuters reports that:

As President Barack Obama and congressional leaders prepared for budget and tax talks on Friday aimed at preventing the economy from falling back into recession, a top Republican vowed to overhaul the U.S. tax code next year.

Join the discussion below, or Read more at Reuters.

No Left Winger

Rochester, MN

#349 Nov 18, 2012
Yeah wrote:
<quoted text>Isn't it great? Management got a bigger paycheck with the company shutting down in the end.
I wonder if the investors are related to Romney?
Yada! Yada! Yada!
Blah! Blah! Blah! Blah!
Pfftt!!
Yeah

Mililani, HI

#350 Nov 18, 2012
No Left Winger wrote:
<quoted text>
Yada! Yada! Yada!
Blah! Blah! Blah! Blah!
Pfftt!!
lol! And there's that Romney speech again!

Son, you do it very, very well!

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#351 Nov 18, 2012
No Left Winger wrote:
<quoted text>
Occidental College Transcripts Reveals Obama Claimed Foreign Citizenship to get Scholarship
Read more: http://conservativebyte.com/2012/05/occidenta...
Great Post

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#352 Nov 18, 2012
No Left Winger wrote:
<quoted text>
Yada! Yada! Yada!
Blah! Blah! Blah! Blah!
Pfftt!!
Yes that is correct, Thats what you hear every time a socialists opens their mouth

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#353 Nov 18, 2012
Ninthman wrote:
Unions stink like SHIT.
18000 out of work and no more Wonderbread. You know what? Screw Obama and the unions. They suck.
Unions have been the ruin of this country

Welcome Comrad we are now Greece

Since: Dec 10

Medford, NY

#354 Nov 18, 2012
Vance1 wrote:
<quoted text>
Unions have been the ruin of this country
Welcome Comrad we are now Greece
They protect the useless worker and hold back the productive worker.

Since: May 10

Location hidden

#355 Nov 18, 2012
Yeah wrote:
<quoted text>Isn't it great? Management got a bigger paycheck with the company shutting down in the end.
I wonder if the investors are related to Romney?
Management is under no obligation to provide jobs. Their only obligation is to make a profit. If it cannot be done, then shutting down is the only option.

The great thing about being an owner, or a manager, is that when they see the future, they can protect themselves.

Employees are just employees. They get fired.

The Union should have taken the deal

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#356 Nov 18, 2012
Looking at it wrote:
<quoted text>
They protect the useless worker and hold back the productive worker.
I 100% Agree
conservative crapola

Bethlehem, PA

#357 Nov 19, 2012
Vance1 wrote:
<quoted text>
I 100% Agree
That's what you said when you swallowed the fux pretend news and rush dickless chum, twink.

hahahahahahahahahahahaha

Now, you're an enemy of the State and these boards.

“Sharia, NOT!”

Since: Jul 10

Suffolk, VA

#358 Nov 19, 2012
responder wrote:
<quoted text>
It's asshat baggers.
What is it with you libbies wanting to shove your heads up conservative azzes all the time? I don't understand it. I certainly will not allow my buttocks anywhere near your head.
It's better that crap comes out rather than go in.
Your probably one of those same gender union yay-hoos too.
Wall Street Government

Sebastian, FL

#359 Nov 19, 2012
Hostess Twinkies’ former CEO tripled his salary earlier this year to $2.55 million while the company knew it was heading towards bankruptcy.

A number of top executives reportedly saw massive pay raises, some nearly doubling their salary. And now the new CEO is blaming the unions for the company’s demise.

Ah, another CEO who courageously blames the union for his company’s failure, while omitting the part about the company tripling his immediate predecessor’s pay, and reportedly doubling the salaries of other top executives, while knowing that the company was on life support. Damn unions, indeed.

Over the past eight years since the first Hostess bankruptcy, BCTGM members have watched as money from previous concessions that was supposed to go towards capital investment, product development, plant improvement and new equipment, was squandered in executive bonuses, payouts to Wall Street investors and payments to high-priced attorneys and consultants.
BCTGM members are well aware that as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.
conservative crapola

Bethlehem, PA

#360 Nov 19, 2012
Wall Street Government wrote:
Hostess Twinkies’ former CEO tripled his salary earlier this year to $2.55 million while the company knew it was heading towards bankruptcy.
A number of top executives reportedly saw massive pay raises, some nearly doubling their salary. And now the new CEO is blaming the unions for the company’s demise.
Ah, another CEO who courageously blames the union for his company’s failure, while omitting the part about the company tripling his immediate predecessor’s pay, and reportedly doubling the salaries of other top executives, while knowing that the company was on life support. Damn unions, indeed.
Over the past eight years since the first Hostess bankruptcy, BCTGM members have watched as money from previous concessions that was supposed to go towards capital investment, product development, plant improvement and new equipment, was squandered in executive bonuses, payouts to Wall Street investors and payments to high-priced attorneys and consultants.
BCTGM members are well aware that as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.
More mismanagement by the ruling business class. And what do they do when their decisions blow-up in their faces? Blame the unions or government.

hahahahahahahaha
Bob Lewis

AOL

#361 Nov 19, 2012
Now the Union thugs have announced they will disrupt LAX on Thanksgiving Wed. and will amass a huge number of their Thugs to intimidate shoppers on Friday around the Country.

We elected Obama and must endure every horrific out come that comes from our astonishing political ignorance. Hostess is just the beginning. The Unions have a Kill list for thousands of American businesses and National Unemployment will SOAR.

Since: Oct 08

Alpharetta, GA

#362 Nov 19, 2012
know it all libs should open up their own business and pay their employees whatever they want...or own stock in a publicly held corp, and vote for a board of directors, and that board will hire officers, and demand those officers pay the help whatever libs specify.

instead most libs, work in govt or academia, which does not require a profit, thus they have no clue.

remember, obama said they didn't build that business, somebody else made that happen. I told that to a few of my friends that work 60-70 hours a week, they just laughed. We are ruled by a guy, and a party, of govt workers and academia that have a lot of theories, but real experience in any real world situation. Woe be unto us
Bob Lewis

AOL

#363 Nov 19, 2012
For more on Obama/Pelosi's "Progressive" game plan read Ayn Rands "Atlas Shrugged". How sad for our children. How sad for us all.
Ask Mikey

United States

#364 Nov 19, 2012
Makes sense wrote:
Who cares? They are the reason why we NEED healthcare. Maybe a new honest patriotic company will make cakes with real cream, real sugar, real eggs, and real butter, not petroleum, partially hydrogenated oils, high fructose corn syrup, gypsum powder, and/or other cheap toxic factory waste.
Makes sense wrote:
Let's BOYCOTT these unAmerican companies so they go out of business also:
Denny's
Chick-fil-a
Domino's
Weingartz Supply Co.
NO WAY. What the hell will Mikey Moore and all the rest of the lazy ass working class eat?
I say we boycott all the companies that let the union bullies drive the cost of food up on the rest of us.
Oh maybe we won't need to worry about that because Obama will keep handing out food stamps to keep them all in business.
Ask Mikey

United States

#365 Nov 19, 2012
Makes sense wrote:
<quoted text>
So you won't accept that the FREE MARKET decided that Hostess makes crap that no one wants to eat. I bet you are still in denial about the last election too! LOL
You are in denial of reality.
Ask the marijuana medicated if they ever enjoy slamming down a box of twinkies. The fruit pies are tasty too. Oh and the chocolate cupcakes mmm yummy.
Soon as a non union company buys Hostess I am going to enjoy. I may even celebrate by drinking 32 ounces of soda pop.
Yeah

Honolulu, HI

#366 Nov 19, 2012
Cary L Nickel wrote:
<quoted text>
Management is under no obligation to provide jobs. Their only obligation is to make a profit. If it cannot be done, then shutting down is the only option.
The great thing about being an owner, or a manager, is that when they see the future, they can protect themselves.
Employees are just employees. They get fired.
The Union should have taken the deal
lol! Where I beg to differ is they are under obligation to make a profit. Enron, Worldcomm and others proved what "making a profit" can do if you can't, while raid the company coffers at the same time.
conservative crapola

Bethlehem, PA

#367 Nov 19, 2012
Bob Lewis wrote:
For more on Obama/Pelosi's "Progressive" game plan read Ayn Rands "Atlas Shrugged". How sad for our children. How sad for us all.
There was another idiot who read ayn rand....hmmmmmmmmmmm....rhymes with lyan.

hahahahahahahaha
Yeah

Honolulu, HI

#369 Nov 19, 2012
Yeah the Retarded Troll wrote:
<quoted text>
"while raid the company coffers"
how are the bunnies doing jungle boy ?
lol! poor baby. still as stupid as ever. but he prefers it that way!

And the rest of us get a good laugh out of it! A win-win for all of us!

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