On Fri, 16 Nov 2012 16:00:53 -0800, "anorton"
wrote:

snip
I am assuming that the whole point of the strike was to attract some
attention to this cooporate looting if the owners did not give workers their
share of the Hostess pie as the comapny was ransacked. They knew they would
soon be out of work anyway.

It is remarkable how closely this parallels the scenario in the movie Wall
Street from 1987 ! It is remarkable that corporate raiders still get away
with stuff like this. It is remarkable that people still believe the
propaganda that unions are just being stupid and greedy while managment is
honest and taken advantage of. In reality, both parties are smart,
unscrupulous, and greedy.
==============

While there may have been some attempt by the union
leadership to attract attention, IMNSHO it was a refusal by
the union and its members to play any more games. They
could see the writing on the wall, and could follow the
looting of their pension funds, and decided to cut it off
now. FWIW - the expiration of the Bush era tax cuts,
particularly on Capital Gains may have had more to do with
liquidation at this time than any union "interagency."

You may find this analysis of interest
http://www.wright.edu/administration...2-01-OL-18.pdf

Bain, Elliott, and Ripplewood -- all cut from the same bolt
of cloth...


http://en.wikipedia.org/wiki/Paul_Si...businessman%29

http://en.wikipedia.org/wiki/Tim_Col...28financier%29


--
Unka' George

"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants,
but debt is the money of slaves"

-Norm Franz, "Money and Wealth in the New Millenium"