Another Obama/Union casualty
Hostess Brands Inc. filed for bankruptcy early Friday, announcing it has shuttered operations and ended production of the snack cakes and breads known to generations of Americans.
The Texas-based company said in a statement on its website that it will try to sell its assets, including the iconic Twinkie, Ding Dong and Wonder bread brands. Bakery operations have been suspended at all 36 plants, including one in Rocky Mount, following a weeklong strike by thousands of workers protesting 8 percent wage cuts and benefit concessions.
http://www.wral.com/hostess-files-for-bankruptcy-shuts-down/11781223/
36 plants and 18500 workers.
The Union employees preferred no paychecks compared to an 8% cut this year, with raises each of the next two years guaranteed.
No doubt liberals everywhere will blame the evil corporation, it's old white men owners(the CEO is actually black), Bush and the tooth fairy for all this, instead of finally waking up to the fact that this is a direct result of Obama and his policies. That, and - of course - RACISM.
This is just the start. Expect to read news like this day in and day out for the foreseeable future as the true costs of Obamacare and his thousands of new onerous regulations start taking effect.
4 comments:
Man, those idiots need to take a math class.
Makes me remember Pelosi saying
"You have to pass the bill to see what's in the bill."
I grew up on Suzy-Qs, Hostess cupcakes and twinkies. Loved them. Still loved them.
This is awful. Another American tradition and cultural item gone!
It truly is a sad day in America.
Many things from now on are going to be changing. Our whole world is going to be turned upside down.
Yup...
My Dad loved Hostess cupcakes. They have always reminded me of him.
And - of course - he always bought me my two Twinkies.
I hate Unions.
I'm quite sure Comrade-0 & the 0bammunists have some incompetent OMFR relative or friend ready to step in, buy the company for pennies on the dollar, get rid of the union & fill the plants with Chinese or wetback "guest workers".
Ever notice how after the elections; after months of ranting & railing against "decadent capitalist greed and selfishness", the so-called "liberals" are too happy to go back to buying up the businesses they made fail and making even bigger profits, then excuses to go bankrupt & force taxpayers to shoulder the debt?
Oy vey!!! /s
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