Ding Dongs, GONE! Twinkies, GONE! Honey Buns, GONE! HoHo's, GONE!
Say it isn't so. Yes it is so, Hostess is going away and the 30 brands they own.
I am sure that Nanny Bloomberg and Righteous Rahm are overjoyed with this. The headline should be “Union Wins, Company Dies.”
You just gotta love this little irony too. Hostess was run by…wait for it…PRIVATE EQUITY. Oh boy, so it must be one of those evil Romney, Bain Capital dirtbags right? Ha! It was run by Ripplewood which is headed by Tim Collins….A DEMOCRAT with ties to Dick Gephardt. LOL. So country club liberal elites end up throwing the knucklehead useful idiot collectivists under the bus? Gee, never see that do ya?
Union leaders would rather take the rank and file out on strike and risk job loss due to failure of the company than to lose control of the rank and file by allowing the rank and file to accept the deal they need in order to remain employed and for the company to remain viable.
As is always the case in these situations, the rank and file loses their jobs while the union leadership continues to draw their nice big paychecks and benefits packages. The union leadership then comes out publicly and tells the rank and file, and anyone else who they can get to listen (e.g. mainstream media) that the whole situation is the fault of ownership/management. And the minions believe it.
When people in this country wake up and realize who is paying the bills here, then this mindset will disappear and we can get back to being a productive nation. As long as the minions allow themselves to be played emotionally by the ‘powers-that-be’, things will continue on their current path.
It’s that simple.