Home |
Search |
Today's Posts |
|
Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
Reply |
|
LinkBack | Thread Tools | Display Modes |
#1
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
All Hostess Brands employees will lose their jobs in the coming weeks, some
sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. -- http://fija.org/ |
#2
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Fri, 16 Nov 2012 10:38:46 -0800, azotic wrote:
All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. "The industry has overcapacity. We're overcapacity. Our rivals are overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC. Yup. It's definitely the unions' fault that the market for cheap preservative-laden food has dried up and that someone had to go. Damn those unions. Next they'll go and figure out a way to ruin the market for buggy whips. -- My liberal friends think I'm a conservative kook. My conservative friends think I'm a liberal kook. Why am I not happy that they have found common ground? Tim Wescott, Communications, Control, Circuits & Software http://www.wescottdesign.com |
#3
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 11:05*am, Tim Wescott wrote:
On Fri, 16 Nov 2012 10:38:46 -0800, azotic wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. "The industry has overcapacity. We're overcapacity. Our rivals are overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC. Yup. *It's definitely the unions' fault that the market for cheap preservative-laden food has dried up and that someone had to go. *Damn those unions. *Next they'll go and figure out a way to ruin the market for buggy whips. -- My liberal friends think I'm a conservative kook. My conservative friends think I'm a liberal kook. Why am I not happy that they have found common ground? Tim Wescott, Communications, Control, Circuits & Softwarehttp://www.wescottdesign.com Hope this is just the beginning of companies who fail to make healthy food going broke. |
#4
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? |
#5
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"Tom Gardner" mars@tacks wrote in message ... "jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? In this case I think it is parenting peer-pressure. My wife is the secretary at an elementary school. If a kid comes to school with a Twinkie in his lunch box, it is seen by other parents just as if he brought a pack of cigarettes. Kids might have other treats that are only marginally healthier, but for some reason the Hostess stuff became the epitome of junk food that makes kids fat. |
#6
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"Jon Elson" wrote in message ... Tom Gardner wrote: "jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? The buyers, and they apparently have made their decision a couple years ago. Who knows how long those same twinkies have been sitting on the grocery store shelves, they keep practically forever, you know! Jon What will stoners doooo? |
#7
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Tom Gardner wrote:
"jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? The buyers, and they apparently have made their decision a couple years ago. Who knows how long those same twinkies have been sitting on the grocery store shelves, they keep practically forever, you know! Jon |
#8
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 11:40*am, "Tom Gardner" mars@tacks wrote:
"jon_banquer" wrote in message .... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? Certainly not our government. I think it starts with having taste and using common sense. I can taste the difference between store milk that's government subsidized and organic milk from someone like: http://www.5min.com/Video/The-Snowvi...Ohio-517503595 It's long past time for American's to reject chemical crap like Twinkies. |
#9
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 12:34*pm, "anorton"
wrote: "Tom Gardner" mars@tacks wrote in message ... "jon_banquer" wrote in message .... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? In this case I think it is parenting peer-pressure. My wife is the secretary at an elementary school. If a kid comes to school with a Twinkie in his lunch box, it is seen by other parents just as if he brought a pack of cigarettes. *Kids might have other treats that are only marginally healthier, but for some reason the Hostess stuff became the epitome of junk food that makes kids fat. Good. It's a start. It's time for more Americans to start rejecting anything with High Fructose Corn Syrup as well. |
#10
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Michelle?
Christopher A. Young Learn more about Jesus www.lds.org .. "Tom Gardner" mars@tacks wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? |
#11
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Tim Wescott wrote: "The industry has overcapacity. We're overcapacity. Our rivals are overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC. Yup. It's definitely the unions' fault that the market for cheap preservative-laden food has dried up and that someone had to go. Damn those unions. Next they'll go and figure out a way to ruin the market for buggy whips. Buggy whips didn't go out on strike, and refuse to go back to their $20 an hour jobs. |
#12
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Tom Gardner wrote: "Jon Elson" wrote in message ... Tom Gardner wrote: "jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? The buyers, and they apparently have made their decision a couple years ago. Who knows how long those same twinkies have been sitting on the grocery store shelves, they keep practically forever, you know! Jon What will stoners doooo? Push bad CAD software? |
#13
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Jon Elson wrote: Tom Gardner wrote: "jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? The buyers, and they apparently have made their decision a couple years ago. Who knows how long those same twinkies have been sitting on the grocery store shelves, they keep practically forever, you know! So, you've never seen moldy Twinkies? |
#14
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Stormin Mormon wrote: Michelle? All 400 pounds of her? |
#15
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Fri, 16 Nov 2012 10:38:46 -0800, "azotic"
wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. ============ While the unions make a convenient scape goat, from the data record it appears this has been a long term "planned bankruptcy" or in the more colorful argot of the Goodfellas, a "bust out," from the time Interstate Bakeries was purchased out of bankruptcy in 2004 by a consortium of “private equity” funds. http://en.wikipedia.org/wiki/Hostess_Brands http://en.wikipedia.org/wiki/Ripplewood_Holdings It appears Hostess Brands had been preparing for a chapter 7 [liquidation] filing for quite some time, as executives and law firms experienced in liquidation had been hired months ago, and the liquidation was scheduled even if the unions had accepted yet another benefit and wage cut. (Contractually required employer defined benefit pension contributions stopped over a year ago) At least one sizable loan was obtained by the renamed Hostess Brands, nominally to update and modernize their facilities, but no update appears to have occurred. Rather the loan proceeds appear to have been used to fund a special dividend to the stock holders, which were the private equity funds, and which more than covered their initial investment to purchase Interstate Bakeries, which had already been run into the ground by their previous owner, Data Processing and Financial General which had purchased the corporation in 1975. There appears to have been several fraudulent loans and the pension fund seems to have been looted. Both of these actions should be crimes, but most likely there will be no prosecutions. Because of unemployment compensation, cost of the social safety net, loss of taxes paid by the company and their employees, tax credits for bad loans/business losses, and expense to cover the pension shortfall through the PBGC, very considerable costs have been externalized to society and the general taxpayers. -- 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" |
#16
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 10:38*am, "azotic" wrote:
All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said.. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. --http://fija.org/ Questions people should be asking: What new and innovative product has Hostess come up with in the last ten years. Why didn't Hostess try to make some healthier stuff instead of chemical garbage? Why are unions to blame for bad Hostess management? How about we examine what's in a Twinkee and why so many people (like myself) won't eat garbage like Twinkee's: Twinkie ingredients: "Enriched wheat flour, sugar, corn syrup, niacin, water, high fructose corn syrup, vegetable and/or animal shortening – containing one or more of partially hydrogenated soybean, cottonseed and canola oil, and beef fat, dextrose, whole eggs, modified corn starch, cellulose gum, whey, leavenings (sodium acid pyrophosphate, baking soda, monocalcium phosphate), salt, cornstarch, corn flour, corn syrup, solids, mono and diglycerides, soy lecithin, polysorbate 60, dextrin, calcium caseinate, sodium stearoyl lactylate, wheat gluten, calcium sulphate, natural and artificial flavors, caramel color, yellow #5, red #40.[8]" |
#17
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"F. George McDuffee" wrote in message ... On Fri, 16 Nov 2012 10:38:46 -0800, "azotic" wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. ============ While the unions make a convenient scape goat, from the data record it appears this has been a long term "planned bankruptcy" or in the more colorful argot of the Goodfellas, a "bust out," from the time Interstate Bakeries was purchased out of bankruptcy in 2004 by a consortium of "private equity" funds. http://en.wikipedia.org/wiki/Hostess_Brands http://en.wikipedia.org/wiki/Ripplewood_Holdings It appears Hostess Brands had been preparing for a chapter 7 [liquidation] filing for quite some time, as executives and law firms experienced in liquidation had been hired months ago, and the liquidation was scheduled even if the unions had accepted yet another benefit and wage cut. (Contractually required employer defined benefit pension contributions stopped over a year ago) At least one sizable loan was obtained by the renamed Hostess Brands, nominally to update and modernize their facilities, but no update appears to have occurred. Rather the loan proceeds appear to have been used to fund a special dividend to the stock holders, which were the private equity funds, and which more than covered their initial investment to purchase Interstate Bakeries, which had already been run into the ground by their previous owner, Data Processing and Financial General which had purchased the corporation in 1975. There appears to have been several fraudulent loans and the pension fund seems to have been looted. Both of these actions should be crimes, but most likely there will be no prosecutions. Because of unemployment compensation, cost of the social safety net, loss of taxes paid by the company and their employees, tax credits for bad loans/business losses, and expense to cover the pension shortfall through the PBGC, very considerable costs have been externalized to society and the general taxpayers. -- 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" 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. |
#18
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Michael A. Terrell wrote:
So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. Jon |
#19
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
Jon Elson wrote: Michael A. Terrell wrote: So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. They only have a 30 day shelf life, unlike the Urban Myths to the contrary. I have seen them covered in bread mold when someone left them laying around. Not a pretty sight. |
#20
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"Michael A. Terrell" wrote in message m... Jon Elson wrote: Michael A. Terrell wrote: So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. They only have a 30 day shelf life, unlike the Urban Myths to the contrary. I have seen them covered in bread mold when someone left them laying around. Not a pretty sight. Jay Leno ate a 12 year-old unopened twinkie on air http://writingshares.com/nbc-tv-toni...ctober-2-2012/ |
#21
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
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" |
#22
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
anorton wrote: "Michael A. Terrell" wrote in message m... Jon Elson wrote: Michael A. Terrell wrote: So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. They only have a 30 day shelf life, unlike the Urban Myths to the contrary. I have seen them covered in bread mold when someone left them laying around. Not a pretty sight. Jay Leno ate a 12 year-old unopened twinkie on air http://writingshares.com/nbc-tv-toni...ctober-2-2012/ That's open to debate. He does a lot of things that aren't real. Like those 'Jay Walking' segments. If it was 12 years old, id would have dehydrated and turned to dust. I had military rations that were processed in the late '40s, when I was in the Army. They were almost 30 years old. The crackers were dust. Even though they were sealed in a steel tin, they were stale and just turned to dust when you tried to pick them up. Jay wouldn't be funny, if he didn't lie all the time. That's what second rate comics do for a living. If he was a better liar, he would forecast the weather. |
#23
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"F. George McDuffee" wrote: 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." Tell me, George. If you were the HR director of a company and you had the choice between applicants with similar backgrounds would you hire the one from Hostess who refused to go back to work, or another applicant? |
#24
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Fri, 16 Nov 2012 11:23:53 -0800 (PST), jon_banquer
wrote: On Nov 16, 11:05*am, Tim Wescott wrote: On Fri, 16 Nov 2012 10:38:46 -0800, azotic wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. "The industry has overcapacity. We're overcapacity. Our rivals are overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC. Yup. *It's definitely the unions' fault that the market for cheap preservative-laden food has dried up and that someone had to go. *Damn those unions. *Next they'll go and figure out a way to ruin the market for buggy whips. -- My liberal friends think I'm a conservative kook. My conservative friends think I'm a liberal kook. Why am I not happy that they have found common ground? Tim Wescott, Communications, Control, Circuits & Softwarehttp://www.wescottdesign.com Hope this is just the beginning of companies who fail to make healthy food going broke. Right! The U.S. needs more jobless! -- Cheers, John B. |
#25
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 5:27*pm, John B. wrote:
On Fri, 16 Nov 2012 11:23:53 -0800 (PST), jon_banquer wrote: On Nov 16, 11:05 am, Tim Wescott wrote: On Fri, 16 Nov 2012 10:38:46 -0800, azotic wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. "The industry has overcapacity. We're overcapacity. Our rivals are overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC. Yup. It's definitely the unions' fault that the market for cheap preservative-laden food has dried up and that someone had to go. Damn those unions. Next they'll go and figure out a way to ruin the market for buggy whips. -- My liberal friends think I'm a conservative kook. My conservative friends think I'm a liberal kook. Why am I not happy that they have found common ground? Tim Wescott, Communications, Control, Circuits & Softwarehttp://www.wescottdesign.com Hope this is just the beginning of companies who fail to make healthy food going broke. Right! The U.S. needs more jobless! -- Cheers, John B. Better jobs would be created if Americans paid more attention to and cared more about what they ate. |
#26
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 5:30*pm, jon_banquer wrote:
On Nov 16, 5:27*pm, John B. wrote: On Fri, 16 Nov 2012 11:23:53 -0800 (PST), jon_banquer wrote: On Nov 16, 11:05 am, Tim Wescott wrote: On Fri, 16 Nov 2012 10:38:46 -0800, azotic wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. "The industry has overcapacity. We're overcapacity. Our rivals are overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC. Yup. It's definitely the unions' fault that the market for cheap preservative-laden food has dried up and that someone had to go. Damn those unions. Next they'll go and figure out a way to ruin the market for buggy whips. -- My liberal friends think I'm a conservative kook. My conservative friends think I'm a liberal kook. Why am I not happy that they have found common ground? Tim Wescott, Communications, Control, Circuits & Softwarehttp://www.wescottdesign.com Hope this is just the beginning of companies who fail to make healthy food going broke. Right! The U.S. needs more jobless! -- Cheers, John B. Better jobs would be created if Americans paid more attention to and cared more about what they ate. Here is some proof: http://strausfamilycreamery.com/about/work-for-straus |
#27
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"azotic" wrote in message ...
All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. -- http://fija.org/ Right after re-electing King Ding Dong! RogerN |
#28
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On 11/16/2012 7:43 PM, Michael A. Terrell wrote:
anorton wrote: "Michael A. Terrell" wrote in message m... Jon Elson wrote: Michael A. Terrell wrote: So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. They only have a 30 day shelf life, unlike the Urban Myths to the contrary. I have seen them covered in bread mold when someone left them laying around. Not a pretty sight. Jay Leno ate a 12 year-old unopened twinkie on air http://writingshares.com/nbc-tv-toni...ctober-2-2012/ That's open to debate. He does a lot of things that aren't real. Like those 'Jay Walking' segments. If it was 12 years old, id would have dehydrated and turned to dust. I had military rations that were processed in the late '40s, when I was in the Army. They were almost 30 years old. The crackers were dust. Even though they were sealed in a steel tin, they were stale and just turned to dust when you tried to pick them up. Jay wouldn't be funny, if he didn't lie all the time. That's what second rate comics do for a living. If he was a better liar, he would forecast the weather. I haven't had a Twinkie since I was 8 or so, and I didn't like them them. I can't stand anything like them or Wonder bread. No loss to me! I do feel for the owners...destroyed by the union. |
#29
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On 11/16/2012 5:44 PM, Stormin Mormon wrote:
Michelle? Christopher A. Young Learn more about Jesus www.lds.org . "Tom Gardner" mars@tacks wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? I bet she has them delivered to the WH by the truck load, they go right to her ass. |
#30
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On 11/16/2012 5:58 PM, Michael A. Terrell wrote:
Stormin Mormon wrote: Michelle? All 400 pounds of her? Just her ass! |
#31
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 2:34*pm, "anorton"
wrote: "Tom Gardner" mars@tacks wrote in message ... "jon_banquer" wrote in message .... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? In this case I think it is parenting peer-pressure. My wife is the secretary at an elementary school. If a kid comes to school with a Twinkie in his lunch box, it is seen by other parents just as if he brought a pack of cigarettes. *Kids might have other treats that are only marginally healthier, but for some reason the Hostess stuff became the epitome of junk food that makes kids fat. When I was a kid...I always smoked Twinkles after recess...after doing the school nurse of course. TMT |
#32
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On 11/16/2012 5:05 PM, jon_banquer wrote:
On Nov 16, 11:40 am, "Tom Gardner" mars@tacks wrote: "jon_banquer" wrote in message ... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? Certainly not our government. I think it starts with having taste and using common sense. I can taste the difference between store milk that's government subsidized and organic milk from someone like: http://www.5min.com/Video/The-Snowvi...Ohio-517503595 It's long past time for American's to reject chemical crap like Twinkies. So, are you saying that parents should actually parent? Then what do we have a Government for? This is not the age of responsibility and never will be again. |
#33
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie... ..or more likely it was Bain Capital
On Nov 16, 5:23*pm, F. George McDuffee gmcduf...@mcduffee-
associates.us wrote: On Fri, 16 Nov 2012 10:38:46 -0800, "azotic" wrote: All Hostess Brands employees will lose their jobs in the coming weeks, some sooner than others, the company announced Friday. The layoffs span nationwide, and represent a deep cut in mid-wage jobs that often came with benefits. The company had operated 33 bakeries, 565 distribution centers and 570 outlet stores across the country. Many production workers earned up to $20 an hour, plus had access to medical benefits, according to Michael O'Brien, a former Hostess employee who had worked at the company for 45 years, in various sales functions, before he was offered a buyout last year. A recent bakers strike was the final nail in the coffin, the company said. "Widespread strikes by the Bakers Union forced us to cease operations because we can longer produce or delivery product." http://money.cnn.com/2012/11/16/news.../hostess-jobs/ Best Regards Tom. ============ While the unions make a convenient scape goat, from the data record it appears this has been a long term "planned bankruptcy" or in the more colorful argot of the Goodfellas, a "bust out," from the time Interstate Bakeries was purchased out of bankruptcy in 2004 by a consortium of private equity funds.http://en.wikipedia.org/wiki/Hostess...ewood_Holdings It appears Hostess Brands had been preparing for a chapter 7 [liquidation] filing for quite some time, as executives and law firms experienced in liquidation had been hired months ago, and the liquidation was scheduled even if the unions had accepted yet another benefit and wage cut. (Contractually required employer defined benefit pension contributions stopped over a year ago) At least one sizable loan was obtained by the renamed Hostess Brands, nominally to update and modernize their facilities, but no update appears to have occurred. *Rather the loan proceeds appear to have been used to fund a special dividend to the stock holders, which were the private equity funds, and which more than covered their initial investment to purchase Interstate Bakeries, which had already been run into the ground by their previous owner, Data Processing and Financial General which had purchased the corporation in 1975. There appears to have been several fraudulent loans and the pension fund seems to have been looted. Both of these actions should be crimes, but most likely there will be no prosecutions. *Because of unemployment compensation, cost of the social safety net, loss of taxes paid by the company and their employees, tax credits for bad loans/business losses, and expense to cover the pension shortfall through the PBGC, very considerable costs have been externalized to society and the general taxpayers. -- 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"- Hide quoted text - - Show quoted text - Take a hard look...Mitt's fingerprints on this one. TMT |
#34
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 7:46*pm, Tom Gardner Mars@Tacks wrote:
On 11/16/2012 7:43 PM, Michael A. Terrell wrote: anorton wrote: "Michael A. Terrell" wrote in message news:BvOdnbXmaZoHSzvNnZ2dnUVZ_radnZ2d@earthlink. com... Jon Elson wrote: Michael A. Terrell wrote: * * So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. *I suppose if they get wet, they will start to rot. * *They only have a 30 day shelf life, unlike the Urban Myths to the contrary. *I have seen them covered in bread mold when someone left them laying around. *Not a pretty sight. Jay Leno ate a 12 year-old unopened twinkie on air http://writingshares.com/nbc-tv-toni...leno-skit-stuf.... * * That's open to debate. *He does a lot of things that aren't real. Like those 'Jay Walking' segments. *If it was 12 years old, id would have dehydrated and turned to dust. *I had military rations that were processed in the late '40s, when I was in the Army. *They were almost 30 years old. *The crackers were dust. *Even though they were sealed in a steel tin, they were stale and just turned to dust when you tried to pick them up. * *Jay wouldn't be funny, if he didn't lie all the time. *That's what second rate comics do for a living. *If he was a better liar, he would forecast the weather. I haven't had a Twinkie since I was 8 or so, and I didn't like them them. *I can't stand anything like them or Wonder bread. *No loss to me! * I do feel for the owners...destroyed by the union.- Hide quoted text - - Show quoted text - SO Tommy....what are you going to do to replace your lost business from this customer? TMT |
#35
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 5:46*pm, Tom Gardner Mars@Tacks wrote:
On 11/16/2012 7:43 PM, Michael A. Terrell wrote: anorton wrote: "Michael A. Terrell" wrote in message news:BvOdnbXmaZoHSzvNnZ2dnUVZ_radnZ2d@earthlink. com... Jon Elson wrote: Michael A. Terrell wrote: * * So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. *I suppose if they get wet, they will start to rot. * *They only have a 30 day shelf life, unlike the Urban Myths to the contrary. *I have seen them covered in bread mold when someone left them laying around. *Not a pretty sight. Jay Leno ate a 12 year-old unopened twinkie on air http://writingshares.com/nbc-tv-toni...leno-skit-stuf.... * * That's open to debate. *He does a lot of things that aren't real. Like those 'Jay Walking' segments. *If it was 12 years old, id would have dehydrated and turned to dust. *I had military rations that were processed in the late '40s, when I was in the Army. *They were almost 30 years old. *The crackers were dust. *Even though they were sealed in a steel tin, they were stale and just turned to dust when you tried to pick them up. * *Jay wouldn't be funny, if he didn't lie all the time. *That's what second rate comics do for a living. *If he was a better liar, he would forecast the weather. I haven't had a Twinkie since I was 8 or so, and I didn't like them them. *I can't stand anything like them or Wonder bread. *No loss to me! * I do feel for the owners...destroyed by the union. Destroyed by bad management and the inability to develop new products that the market wants. Unions had nothing to do with the downfall of Hostess. |
#36
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
On Nov 16, 5:53*pm, Tom Gardner Mars@Tacks wrote:
On 11/16/2012 5:05 PM, jon_banquer wrote: On Nov 16, 11:40 am, "Tom Gardner" mars@tacks wrote: "jon_banquer" wrote in message .... Hope this is just the beginning of companies who fail to make healthy food going broke. I agree, but who decides what is unhealthy? Certainly not our government. I think it starts with having taste and using common sense. I can taste the difference between store milk that's government subsidized and organic milk from someone like: http://www.5min.com/Video/The-Snowvi...any-Ohio-51750... It's long past time for American's to reject chemical crap like Twinkies. So, are you saying that parents should actually parent? * Then what do we have a Government for? *This is not the age of responsibility and never will be again. I'm saying the government needs to stop subsidizing and controlling milk. What he have today isn't even real milk. It's watery garbage. |
#37
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"jon_banquer" wrote in message ... I'm saying the government needs to stop subsidizing and controlling milk. What he have today isn't even real milk. It's watery garbage. You can't even grow and eat your own food anymore. The Southern Nevada Health District has raided an organic farm picnic destroying the organic produce, which was classified by them as bio-hazard material. Apparently all the natural food served from farm must be certified by the United States Department of Agriculture so the owners had to dispose of all food including vegetables because of their 'bio-hazard potential'. This meant the owners of the farm had to pour bleach on the produce in order to safely render the dangerous organic healthy potatoes safe and prevent them from being eaten by the farm owners as private citizens or by livestock such as the pigs on the farm. Read mo http://www.economicvoice.com/nevada-...#ixzz2CRYlzI6q Best Regards Tom. -- http://fija.org/ |
#38
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
In article ,
Jon Elson wrote: Michael A. Terrell wrote: So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. Jon Some friends left some Twinkies and a loaf of beard on their boat (not intentionally.) Came back months later to find a suppurating green mass of mold where the bread had been and (right beside it on the counter, so they said) Twinkies that looked fresh out of the package. -- Cats, coffee, chocolate...vices to live by Please don't feed the trolls. Killfile and ignore them so they will go away. |
#40
Posted to rec.crafts.metalworking
|
|||
|
|||
Union kills the twinkie
"jon_banquer" wrote in message ... On Nov 16, 5:46 pm, Tom Gardner Mars@Tacks wrote: On 11/16/2012 7:43 PM, Michael A. Terrell wrote: anorton wrote: "Michael A. Terrell" wrote in message news:BvOdnbXmaZoHSzvNnZ2dnUVZ_radnZ2d@earthlink. com... Jon Elson wrote: Michael A. Terrell wrote: So, you've never seen moldy Twinkies? Umm, actually, no, I never have, and I'm pretty sure I've seen some that were quite old. I suppose if they get wet, they will start to rot. They only have a 30 day shelf life, unlike the Urban Myths to the contrary. I have seen them covered in bread mold when someone left them laying around. Not a pretty sight. Jay Leno ate a 12 year-old unopened twinkie on air http://writingshares.com/nbc-tv-toni...leno-skit-stuf... That's open to debate. He does a lot of things that aren't real. Like those 'Jay Walking' segments. If it was 12 years old, id would have dehydrated and turned to dust. I had military rations that were processed in the late '40s, when I was in the Army. They were almost 30 years old. The crackers were dust. Even though they were sealed in a steel tin, they were stale and just turned to dust when you tried to pick them up. Jay wouldn't be funny, if he didn't lie all the time. That's what second rate comics do for a living. If he was a better liar, he would forecast the weather. I haven't had a Twinkie since I was 8 or so, and I didn't like them them. I can't stand anything like them or Wonder bread. No loss to me! I do feel for the owners...destroyed by the union. Destroyed by bad management and the inability to develop new products that the market wants. Unions had nothing to do with the downfall of Hostess. === The unions repeatedly accepted pay cuts and other concessions. Consumer demand for pre-sliced plain white bread and mass-produced individually wrapped sugar coated snack cakes has been on the decline for going on at least 2 decades now. Rather than invest in new products and technology, management killed the golden goose and squeezed the last few eggs from it's dead carcass. |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Fire in CT, kills five | Home Repair | |||
OT - The Public-Union Ascendancy -- Government union members now outnumber private for the first time | Metalworking | |||
cyclist nearly kills himself | UK diy | |||
cyclist nearly kills himself | UK diy | |||
Help with PVC union... | Home Repair |