Union greed may kill company and Mongo!

Wouldn't be surprised if the rights are bought and someone else produces at least some of their products.

 

It won't be right going to work and not smelling the Hostess plant down the street any more. What will start my morning cravings now?

 

Of course, after debts are paid, any profits on the sale of the brands would be distributed to the stock holders (ie owners)...again the union comes out on the sh*tty end of the stick. Haven't had a twinky in 20 years, all the sudden, when they're in jeopardy, I have this desire!

 

Generally speaking, isn't bankruptcy usually preceded by liabilities exceeding assets? The owners will get... not much and will most likely have lost money. That end of the stick isn't all that clean either.

 

Speaking of union greed, this will soon be the fate of the rest of California.

http://www.reuters.com/article/2012/11/13/us-bernardino-bankrupt-idUSBRE8AC0HP20121113

 

At any rate he's the president. He should get paid a lot.

 

President and CEO...of another company...which is having its own troubles.

 

Isn't that kind of like, uh, contempt of court or smething?

 

Wow, just freakin' WOW!

http://www.google.com/hostednews/ap...TLTalA?docId=8a806c3cbb614df48a0141d41f258b0e

 

Stellar food stuff that is....

 

and employer of around 18K people, payer of tax and provider of benefits that impact hundreds of thousands of people.

 

In the same vein, didn't you support letting GM crash?...

 

Absol-freakin-utely! To get salaries in line where they need to be, to limit the role the unions have on the costs of producing the cars and to eliminate unsubstainable retirement programs I do. Instead, Obama and the bailout handed GM and Chrysler right into the hands of the unions and setting them up for the next crisis that should take place in about 2020 or so.

Why are VW, Hyundai, Toyota and the rest ramping up production in the US while the US manufacturers holding on by their finger tips? You guessed it, the foreign companies run non union shops. Those foreign devils!!!!

 

Unions used to look out for the worker. Now they look out for themselves, to the bitter end.

 

One has to wonder the quantity of direct and non-direct employees (union and non-union) that would have affected...

 

Oh come on, you are trying to tie a union car worker making $45 an hour for a job that pays $20 in a non union shop to $20 an hour baker being asked to accept $18.50 an hour? Really? REALLY?

Need to change your name to stretch armstrong 'cause you are stretching like a motherf@cker!

 

There's always Little Debbie. . .

 

Meanwhile, you're wearing tight-assed armstrong blinders...

GM has a shitload suppliers with employees depending on that industry. I'd be curious as to the GM versus non-GM employee numbers that would have been jobless.

 

I wonder what caliber weapon the union used to shoot their own frigging foot off? As was said by someone long ago, "let them eat cake."

 

Did those suppliers get full payment on their outstanding balances when Obama took over? A few of those companies are now dead and the employees wish they could take an 8% cut to keep their jobs.

In the words of a famous communist: In a perfect world we'd all sing in tune but this is reality, give me some room.