Thursday, November 15, 2012

Ding Dong the Twinkie's Dead! The Union killed it.

The labor dispute between the 82-year-old Hostess company and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union has already permanently closed 3 plants laying off 627 people. The UCTGM Union represents 1/3 of the Hostess workforce, but through union greed nearly 18,000 Hostess employees - 2/3 nonunion - will be unemployed by next week, if not by the end of today, Thursday, Nov 15, 2102.

On Wednesday, Hostess said that if enough striking workers did not return to work by 5 p.m. EST (2200 GMT) the next day, the company would on Friday ask U.S. Bankruptcy Judge Robert Drain in White Plains, New York, who oversees its Chapter 11 reorganization, for permission to shut down and sell assets. 
"We simply do not have the financial resources to survive an ongoing national strike," Hostess Chief Executive Gregory Rayburn said in a statement.
It's hard to believe this does not have anything to do with Michelle Obama's war on food, Bronco Bamma's war on corporations and his apparent desire to put everyone to the public trough.

NOTE: No, Twinkies do not last forever; they've a shelf life of about 25 days, slightly longer that other baked pastries because they do not contain dairy products. When they're gone, they're gone.

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