Topic: Hostess Blames Union But.........
Conrad_73's photo
Mon 11/19/12 03:10 PM
Union killed more than Twinkies!

http://www.realclearmarkets.com/articles/2012/11/19/the_parasite_that_kills_its_hostess_99995.html

http://www.redstate.com/laborunionreport/2011/09/22/the-afl-cio-defends-union-violence-as-a-legitimate-union-activity-will-the-dept-of-labor-do-it-too/


Bestinshow's photo
Mon 11/19/12 03:16 PM
Mr Conrad please get off the fox news narrative.

Just an FYI "Little Debbie Snack's are Union made and they are doing fine.

It would seem they have a better management team in place and are not out to loot the company as has been proven to be the case with Hostess.

I have no idea why a man in Zurich has so much vested in the debate for AMERICAS future.

Its after midnight in Zurich grab yourself a little debbie snack and a warm glass of milk. :wink:

HotRodDeluxe's photo
Mon 11/19/12 03:33 PM
Hmmm....duplicitous much?

Peccy's photo
Mon 11/19/12 03:37 PM

Hmmm....duplicitous much?
lol

AndyBgood's photo
Mon 11/19/12 04:06 PM



Today, Hostess Brands inc. — the company famed for its sickly sweet desert snacks like Twinkies and Sno Balls — announced they’d be shuttering after more than eighty years of production.

But while headlines have been quick to blame unions for the downfall of the company there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its CEO’s pay, and increased other executives’ compensation by as much as 80 percent.

At the time, creditors warned that the decision signaled an attempt to “sidestep” bankruptcy rules, potentially as a means for trying to keep the executive at a failing company. The Confectionery, Tobacco Workers & Grain Millers International Union pointed this out in their written reaction to the news that the business is closing:

BCTGM members are well aware that as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.

Certainly, the company agreed to an out-sized pension debt, but the decision to pay executives more while scorning employee contracts during a bankruptcy reflects a lack of good managerial judgement.

It also follows a trend of rising CEO pay in times of economic difficulty. At the manufacturing company Caterpillar, for example, they froze workers’ pay while boosting their CEO’s pay to $17 million. And at Citigroup, CEO Vikram Pandit received $6.7 million for crashing his company, walking off with $260 million after the business lost 88 percent of its value.
http://thinkprogress.org/economy/2012/11/16/1203151/why-unions-dont-shoulder-the-blame-for-hostesss-downfall/?mobile=nc



That is clearly evidence that the company was full of corruption and the top executives just wanted to take as much money as possible before it went under.

Greedy thieves.

Then they try to blame it on the Unions.

Or the employees for not returning to work.




That"s why we returned Obama to office, most americans reject those twisted arguments and values.


:banana: drinker glasses


We? You got a mouse in your pocket? I sure didn't vote for Obama!


And on top of that Why have third rate health care given to me when I can pay for first rate and know I can wake up in a hospital not missing limbs or anything else due to a screw up in paper work!

Dodo_David's photo
Mon 11/19/12 04:12 PM
The issue pertaining to Hostess has nothing to do with politics.
If Twinkies were not an iconic item in the USA, then plenty of people wouldn't care if Hostess shut down.

Dodo_David's photo
Mon 11/19/12 04:17 PM
Here is an excerpt from a Chicago Tribune story titled "Hostess, unions agree to mediation":

The U.S. Trustee, an agent of the U.S. Department of Justice who oversees bankruptcy cases, said in court documents it is opposed to the wind-down plan because Hostess plans improper bonuses to company insiders.



Bestinshow's photo
Mon 11/19/12 04:56 PM
I really doubt many on here could afford open heart surgery or cancer treatments or even a simple MRI.

Despite all the bluster I know better.

When the chips are down and rest assured they will be one day you better hope you have some type of insurance.


Chazster's photo
Mon 11/19/12 08:01 PM

I really doubt many on here could afford open heart surgery or cancer treatments or even a simple MRI.

Despite all the bluster I know better.

When the chips are down and rest assured they will be one day you better hope you have some type of insurance.




Whats that got to do with the discussion at hand? Like I said a million times, I knew I needed insurance because I had a preexisting condition since I was 8 so I chose a career path where I would get insurance at any job I took.

Bestinshow's photo
Tue 11/20/12 01:46 AM


I really doubt many on here could afford open heart surgery or cancer treatments or even a simple MRI.

Despite all the bluster I know better.

When the chips are down and rest assured they will be one day you better hope you have some type of insurance.




Whats that got to do with the discussion at hand? Like I said a million times, I knew I needed insurance because I had a preexisting condition since I was 8 so I chose a career path where I would get insurance at any job I took.
scroll up

Conrad_73's photo
Tue 11/20/12 02:12 AM


Someone smelled blood in the water for sure and gave themselves big fat raises.

Brian Driscoll, CEO, around $750,000 to $2,550,000.
Gary Wandschneider, EVP, $500,000 to $900,000.
John Stewart, EVP, $400,000 to $700,000.
David Loeser, EVP, $375,000 to $656,256.
Kent Magill, EVP, $375,000 to $656,256.
Richard Seban, EVP, $375,000 to $656,256.
John Akeson, SVP, $300,000 to $480,000.
Steven Birgfeld, SVP, $240,000 to $360,000.
Martha Ross, SVP, $240,000 to $360,000.
Rob Kissick, SVP, $182,000 to $273,008.

I would have a hard time taking a 30% pay cut when the CEO's gave themselves 50% or more pay raises.

No wonder why the republicans are losing elections and the fight for America future.

you Guys miscalculated,goofed!
Simple!
rofl

would you like to Date your claim?

LaborPains.org

Trumka’s Ho-Hos Attack is Ho-Hum

Unlike Twinkies, which have been rumored to last forever — and now might not last another week thanks to a union strike — labor’s arguments can get stale pretty quickly.

AFL-CIO President Richard Trumka seems to think that just because labor paid millions for its political messaging in 2012 that the campaign slogans can be reused for anything. In a statement on the Hostess liquidation, Trumka said:

What’s happening with Hostess Brands is a microcosm of what’s wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor. Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price. These workers, who consistently make great products Americans love and have offered multiple concessions, want their company to succeed. They have bravely taken a stand against the corporate race-to-the-bottom. And now they and their communities are suffering the tragedy of a needless layoff. This is wrong. It has to stop. It’s wrecking America.

This isn’t an argument: it’s a recycled talking point. Blaming the free market for every problem that befalls labor is how unions got into this mess (and will never get out of it). Hostess faced a difficult reality: restructure or cease to exist. Labor costs are a major part of the equation, and because the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) represents the company’s second-largest group of employees, Hostess needs its cooperation. The largest union, the Teamsters, obliged, and even asked the BCTGM to back down from the destructive strike. But BCGTM stayed on the picket lines through yesterday’s deadline, and Hostess announced this morning that it had to liquidate the company.

What the BCTGM did might be “brave” as Trumka claims, but it isn’t smart. And if you don’t think so, consider labor’s response: trashing an unrelated venture capital firm that used to be run by a guy who just lost the presidential election.

But don’t blame Trumka for having nothing constructive to say: there is no good argument for the bakers union strike.rofl waving


GOOOOOFED!:laughing:

Conrad_73's photo
Tue 11/20/12 02:15 AM

Mr Conrad please get off the fox news narrative.

Just an FYI "Little Debbie Snack's are Union made and they are doing fine.

It would seem they have a better management team in place and are not out to loot the company as has been proven to be the case with Hostess.

I have no idea why a man in Zurich has so much vested in the debate for AMERICAS future.

Its after midnight in Zurich grab yourself a little debbie snack and a warm glass of milk. :wink:
run out of arguments?

Told you before,That's for me to know,and for you to find out!laugh

And don't forget,there is a Guy behind you who is looking for his just Share of what you own!
It's the Nature of the Beast!
laugh

Chazster's photo
Tue 11/20/12 05:10 AM



I really doubt many on here could afford open heart surgery or cancer treatments or even a simple MRI.

Despite all the bluster I know better.

When the chips are down and rest assured they will be one day you better hope you have some type of insurance.




Whats that got to do with the discussion at hand? Like I said a million times, I knew I needed insurance because I had a preexisting condition since I was 8 so I chose a career path where I would get insurance at any job I took.
scroll up


I did, its just people talking about how unions killed twinkies.

Conrad_73's photo
Tue 11/20/12 07:02 AM

I really doubt many on here could afford open heart surgery or cancer treatments or even a simple MRI.

Despite all the bluster I know better.

When the chips are down and rest assured they will be one day you better hope you have some type of insurance.


That's why I love my Swiss Health Care!
Nope,it definitely ain't Aboma-Care!laugh

Conrad_73's photo
Tue 11/20/12 08:30 AM
Edited by Conrad_73 on Tue 11/20/12 08:33 AM


Well,blow me down if some greedy Unionist didn't have to take a Bite out of that poor thing.sad tears




























grumble noway

AndyBgood's photo
Tue 11/20/12 08:44 AM
Every business the Teamsters gets voted in that business closes down shortly after these days.


As I have said SOME unions are excellent. With Plumbers, Sprinkler Fitters (fire prevention), Steam Fitters, Electricians, and Construction unions you know the people are trained. They are certified, and they are documented. You are paying extra to insure that the man or men (and women in all fairness, there is such a thing as female construction workers and came across my share of them...) are qualified and completely legitimate.

ALMOST ALL OTHER UNIONS ARE NOT OUT TO PROTECT WORKERS! UAW AND TEAMSTERS AND FARM WORKERS ARE THREE EXAMPLES OF THIS!

Here is an Oxymoron, an illegal immigrant farm worker who is on strike here because he is part of the Farm Worker's union. Now here is a union promoting illegal activities!

The Redondo Beach police union here earned a lot of my respect when they opted for one volunteer day, a pay CUT, and a reduction in their benefits so they would not loose any officers to layoffs and help them keep their jobs!!! Not a lot of unions make such concessions! Even the local Fireman's Union in Redondo beach likewise has accepted pay cuts behind the scenes to protect their jobs and that of their fellow workers as well. To all unions a pay cut is a cut in THEIR income.

A fact is Unions got too big for themselves and lost touch with reality in a lot of ways. It has degenerated again into a "Guild" mentality. Instead of adapting they became the oppressors they sought to deal with. They just forgot their roots and became corporations!

Bestinshow's photo
Tue 11/20/12 12:35 PM
We who are informed know better.

Brian Driscoll, CEO, around $750,000 to $2,550,000.
Gary Wandschneider, EVP, $500,000 to $900,000.
John Stewart, EVP, $400,000 to $700,000.
David Loeser, EVP, $375,000 to $656,256.
Kent Magill, EVP, $375,000 to $656,256.
Richard Seban, EVP, $375,000 to $656,256.
John Akeson, SVP, $300,000 to $480,000.
Steven Birgfeld, SVP, $240,000 to $360,000.
Martha Ross, SVP, $240,000 to $360,000.
Rob Kissick, SVP, $182,000 to $273,008.

Run a company into the ground give yourself a raise and then blame the workers who have taken pay cuts.


Conrad_73's photo
Tue 11/20/12 12:52 PM

We who are informed know better.

Brian Driscoll, CEO, around $750,000 to $2,550,000.
Gary Wandschneider, EVP, $500,000 to $900,000.
John Stewart, EVP, $400,000 to $700,000.
David Loeser, EVP, $375,000 to $656,256.
Kent Magill, EVP, $375,000 to $656,256.
Richard Seban, EVP, $375,000 to $656,256.
John Akeson, SVP, $300,000 to $480,000.
Steven Birgfeld, SVP, $240,000 to $360,000.
Martha Ross, SVP, $240,000 to $360,000.
Rob Kissick, SVP, $182,000 to $273,008.

Run a company into the ground give yourself a raise and then blame the workers who have taken pay cuts.


We who know better,know,Union goofed!
Big time!
No doubt about it!

Conrad_73's photo
Tue 11/20/12 12:52 PM



Well,blow me down if some greedy Unionist didn't have to take a Bite out of that poor thing.sad tears




























grumble noway

Dodo_David's photo
Tue 11/20/12 01:39 PM

Every business the Teamsters gets voted in that business closes down shortly after these days.


As I have said SOME unions are excellent. With Plumbers, Sprinkler Fitters (fire prevention), Steam Fitters, Electricians, and Construction unions you know the people are trained. They are certified, and they are documented. You are paying extra to insure that the man or men (and women in all fairness, there is such a thing as female construction workers and came across my share of them...) are qualified and completely legitimate.

ALMOST ALL OTHER UNIONS ARE NOT OUT TO PROTECT WORKERS! UAW AND TEAMSTERS AND FARM WORKERS ARE THREE EXAMPLES OF THIS!

Here is an Oxymoron, an illegal immigrant farm worker who is on strike here because he is part of the Farm Worker's union. Now here is a union promoting illegal activities!

The Redondo Beach police union here earned a lot of my respect when they opted for one volunteer day, a pay CUT, and a reduction in their benefits so they would not loose any officers to layoffs and help them keep their jobs!!! Not a lot of unions make such concessions! Even the local Fireman's Union in Redondo beach likewise has accepted pay cuts behind the scenes to protect their jobs and that of their fellow workers as well. To all unions a pay cut is a cut in THEIR income.

A fact is Unions got too big for themselves and lost touch with reality in a lot of ways. It has degenerated again into a "Guild" mentality. Instead of adapting they became the oppressors they sought to deal with. They just forgot their roots and became corporations!


Andy, the Teamsters were not part of the strike. The Teamsters had an agreement with Hostess management. It was another labor union that shut down Hostess.