Matt Davies for November 23, 2012

  1. Missing large
    ConserveGov  over 11 years ago

    Neither one was willing to adjust.

     •  Reply
  2. Graphicnovel pearl
    Pearl Deans Premium Member over 11 years ago

    A—I loved Twinkies as a kid. Now when I think of eating one, I get nauseous.

     •  Reply
  3. Missing large
    wolfhoundblues1  over 11 years ago

    If the union members think the company can make money, then why doesn’t the union reps buy the recipe and keep making them? Socialism only works as long as there is someone else to rob.

     •  Reply
  4. Me
    greyArea  over 11 years ago

    As a corporation, Hostess was obviously in death throes. Concessions, in this case would be similar to pumping air into a tire with no sidewall.

     •  Reply
  5. Me
    greyArea  over 11 years ago

    To nearly quote something I heard recently, “Unions are people too.”

     •  Reply
  6. Missing large
    ianrey  over 11 years ago

    Debt. The vulture capitalists took a profit making company, loaded it with debt, and the market could no longer sustain the margins. Like Mitt wanted to do to America.

     •  Reply
  7. Missing large
    jondelfin Premium Member over 11 years ago

    “The private-equity owners had loaded the company down with debt, the CEO had tripled his pay, the union had previously taken a big, big pay cut…”

     •  Reply
  8. Missing large
    Norton99  over 11 years ago

    Because it’s not as if a market economy needs a middle class, after all.Oh, wait…

     •  Reply
  9. Missing large
    dannysixpack  over 11 years ago

    @tigger,hostess is not necessary to national security. Heavy manufacturing, ie, the auto industry, is essential for national security. We need it to build our weapons of war – if we have another shooting war.without our heavy manufacturing, who you gonna buy weapons from for the next big war? China? Korea? Japan? makes no sense.

     •  Reply
  10. Screen shot 2018 03 04 at 8.43.30 am
    larryrhoades  over 11 years ago

    Suggesting that Michelle likes cars?

     •  Reply
  11. Me on trikke 2007    05
    pam Miner  over 11 years ago

    It was the 300% pay increases the CEO’s decided to give themselves.they also cut their employees retirement by 75%.

     •  Reply
  12. Missing large
    kamwick  over 11 years ago

    C. Greed of Hostess CEOs after bankruptcy and resultant Bain-inspired company destruction.

     •  Reply
Sign in to comment

More From Matt Davies