Twinkies maker Hostess plans to go out of business

Comments (83)
Ultramayan wrote:

Too many egos, not enough sense. What mindlessness. Shame on all of you.

Nov 16, 2012 7:59am EST  --  Report as abuse
minipaws wrote:

I’m headed to Walmart to stock up on white powdered sugar donuts!

Nov 16, 2012 8:01am EST  --  Report as abuse
pimlo wrote:

When Communist China takes over the US for default of payment on T bills, the union workers will get $1.40/hour.

Nov 16, 2012 8:41am EST  --  Report as abuse
MiscMiss wrote:

I wonder if the striking employees are regretting their decision to remain on strike…..this whole thing could have been eliminated and now 18,000 people (some who had nothing to do with this strike) will be out of a job.

Nov 16, 2012 8:46am EST  --  Report as abuse
Overcast451 wrote:

Join me in thanking the union for the destruction of Twinkies.
Seems odd really, to loose that brand name.

Nov 16, 2012 8:57am EST  --  Report as abuse
anarcurt wrote:

I’d imagine a brand like Twinkies will be bought and maintained by another baker.

Nov 16, 2012 9:00am EST  --  Report as abuse
rk2girls wrote:

I don’t think we can blame the union for the destruction of IBC. This has been a meltdown 10 years in the making and the management at IBC ran the business into the ground first. Yes, the union is forcing their hand a bit by not being willing to take further pay cuts/benefit cuts, but whose hands are really dirty here? I’d say not the unions fault primarily. And agree, the brands will be sold to another baker.

Nov 16, 2012 9:14am EST  --  Report as abuse

More jobs destroyed by Union greed. When will union members wake up and figure out their dues are going to greedy union leaders with no clue how to run a business…same type of people we are finding (and re-electing) at Capital Hill. Unfortunately, our country has become a needy bunch that has gotten the leadership it deserves. “What can you do for me” is not the mentality that made this country great but it is going to be the one that will destroy us.

Nov 16, 2012 9:14am EST  --  Report as abuse
WallaBingBang wrote:

It seems pretty clear the union didn’t cause the downfall here, and it wasn’t greed on their part. They were not holding out for more money/benefits, they were holding out for less cuts to the money/benefits they were already getting – I am sure if your employer wanted to give you a pay cut, it would not be greed on your part that resisted it, especially when those cuts are a result of management being incompetent and/or corrupt.

Nov 16, 2012 9:30am EST  --  Report as abuse
boredalways wrote:

As long as Twinkies are available on/after 12/21/2012, we will survive the Apocalypse!

Nov 16, 2012 9:37am EST  --  Report as abuse
sjfella wrote:

And yet another mindless union membership cuts their own throats. When will they ever learn?

Nov 16, 2012 9:48am EST  --  Report as abuse
Adam_S wrote:

Nooooooooooooooooo !!1!

Nov 16, 2012 9:50am EST  --  Report as abuse
webleyaz wrote:

As an employer I have taken several rather large pay/benefit cuts during the last few years and my business has only survived by asking the same of employees. They, too, had the option of becoming unemployed. My guys are still buying Twinkies, for now. They are not union members, though.

Nov 16, 2012 9:58am EST  --  Report as abuse
SanPa wrote:

Bimbo will buy it, and hire new staff.

Nov 16, 2012 10:05am EST  --  Report as abuse
amibovvered wrote:

It’s an all out war on workers. On the upside, healthier eating, perhaps.

Nov 16, 2012 10:08am EST  --  Report as abuse
Harry079 wrote:

Plenty of shelf space now for Soylent Green.

Nov 16, 2012 10:10am EST  --  Report as abuse

Regardless of the reasons, Mr. Hurt, the fact remains that 18,500 jobs are lost. It stands to reason that both sides must share the blame.

Nov 16, 2012 10:18am EST  --  Report as abuse
DrGuy wrote:

The result of unions and their socialist servant in the White House. Best way to increase their wages would be to get rid of their union whose “officals” took their dues helped to fund the DNC and result in no more jobs for the union worker. There is some sense of justice in the result.

Nov 16, 2012 10:23am EST  --  Report as abuse
DrGuy wrote:

The result of unions and their socialist servant in the White House. Best way to increase their wages would be to get rid of their union whose “officals” took their dues helped to fund the DNC and result in no more jobs for the union worker. There is some sense of justice in the result.

Nov 16, 2012 10:23am EST  --  Report as abuse
DrGuy wrote:

The result of unions and their socialist servant in the White House. Best way to increase their wages would be to get rid of their union whose “officals” took their dues helped to fund the DNC and result in no more jobs for the union worker. There is some sense of justice in the result.

Nov 16, 2012 10:23am EST  --  Report as abuse
DrGuy wrote:

The result of unions and their socialist servant in the White House. Best way to increase their wages would be to get rid of their union whose “officals” took their dues helped to fund the DNC and result in no more jobs for the union worker. There is some sense of justice in the result.

Nov 16, 2012 10:23am EST  --  Report as abuse
beenther wrote:

Worked for them 30 yrs and can say this is not union greed. Good ole boy mismanagement at the top is responsible. Company has been continually reducing employees wages and benefits for the last 10 yrs while giving corporate execs exorbitant bonuses and raises. Asking to earn a living wage is far from being greedy but unfortunately minimum wage is what too many corp are asking of their employees.

Nov 16, 2012 10:33am EST  --  Report as abuse
Neko wrote:

Article left out some interesting points. Like the company has been in Chapter 11 since 2004 and owes vendors $50 million. And that it pinned its recovery hopes on products like whole wheat Twinkies. (Saw some of these in the store and wondered what was up with that.) Love the way they’re managing to blame it all on the greedy unions and dodge the fact that Management has been a wee bit less than brilliant. I mean whole wheat Twinkies. Really guys? If this had been a project back in the College of Business and I had come up with that, I’d have been majoring in English before the week was out!

Nov 16, 2012 10:35am EST  --  Report as abuse
Neko wrote:

Article left out some interesting points. Like the company has been in Chapter 11 since 2004 and owes vendors $50 million. And that it pinned its recovery hopes on products like whole wheat Twinkies. (Saw some of these in the store and wondered what was up with that.) Love the way they’re managing to blame it all on the greedy unions and dodge the fact that Management has been a wee bit less than brilliant. I mean whole wheat Twinkies. Really guys? If this had been a project back in the College of Business and I had come up with that, I’d have been majoring in English before the week was out!

Nov 16, 2012 10:35am EST  --  Report as abuse
uc8tcme wrote:

Where is Mitt and Bain when you need them. Go in fire all the union and suck a few more dollars out the company and then let it go belly up. One more feather in your cap.

Nov 16, 2012 10:38am EST  --  Report as abuse
Timbuk3 wrote:

I knew it wouldn’t be long before someone blamed Obama. Not surprising that the anti-Obama crowd can’t figure out how to post a comment. Maybe you can blame Obama for that too, if you can finally figure out the “interwebs”.

@ uc8tcme, ha, my thoughts exactly. Bain to the rescue. Unfortunately, they can’t outsource to China so the turnaround experts would just extract a few $M more then close the doors. Lawyers are the only ones making any money on Hostess Twinkies at this point.

It’s a shame and my thoughts go out to those about to lose their jobs. Merry Christmas, huh? Just awful. Sorry.

Nov 16, 2012 11:03am EST  --  Report as abuse
gregbrew56 wrote:

I’m generally pro-workers rights, but this was just insanely stupid!

Nov 16, 2012 11:29am EST  --  Report as abuse
USAPragmatist wrote:

Just outsource the jobs to China, I think Twinkies could survive the boat ride over, right? Bain capital to the rescue, I am sure Mitt is looking for a new job.

Nov 16, 2012 11:32am EST  --  Report as abuse
xit007 wrote:

WHen you take credit for your plan that is really turning the country around, and you pal up and toss bailout money to companies so they can continue to be noncompetitive with the burden of life sucking unions. Then you will get the blame. Why didn’t he intercede and help. Like he did in the auto industry. Because the union is not big enough and he has no payback. Bad management and bad union – lethal combination. A big part the economic slump is unsustainable pension demands by unions – both public and private. Unions have been replaced by OSHA and there is a valid place for collective bargaining – but this is not a cat and mouse game. The reality is – if it is not sustainable – you put yourself out of a job. I am saddened for the families but the unions won concessions in good times but wouldn’t budge in bad.

Nov 16, 2012 11:38am EST  --  Report as abuse
Sosarishall wrote:

There was indeed a time and place for labor unions. In the 1920s when they hired people of any age to work 90-hour days in dangerous, hellish conditions. But today we have lawyers who will eagerly take a case, so the unions can wrap it up now. Move along, nothing to do here.
The brands may be bought up by other companies, so it may not be ‘goodbye to Twinkies’ just yet.

Nov 16, 2012 11:41am EST  --  Report as abuse
arttie wrote:

Well, this is just too bad. OI think it’s clear that unions are just too greedy. Unions are destroying, rather than helping, our workforce. They make it too expensive for a company to make a decent profit to stay competitive and in business. The workers take the brunt of the damage because they are sheep following the wolf. Unions are bringing down many large cities in California because of their increasing hold on workers and their ability to keep raising costs for the employers. It doesn’t matter to the unions who loses, they always win. Maybe it’s time to fight back against the outrageous entitlements union bosses receive! Time to clean up America and get strong again. No unions, no religion.

Nov 16, 2012 11:48am EST  --  Report as abuse
AlkalineState wrote:

Hostess hung itself. Like making a light bulb that lasts forever, making a twinkie that lasts forever…. keeps people from buying new twinkies. I found a twinkie the other day in my attic from 1982. Had it with a cup of coffee and it wasn’t bad.

Nov 16, 2012 11:50am EST  --  Report as abuse
americanguy wrote:

Little Debbie has made a profit every year since 1960.
It wasn’t the union, it wasn’t the workers, it was the executive management who was totally clueless. The workers always suffer when clueless people run a company.
There is a reason why Ford no longer makes and sells Model T’s.

Nov 16, 2012 11:58am EST  --  Report as abuse
AlkalineState wrote:

There is an opportunity here. Buy up all the inventory you can in the next few weeks, and auction off one box of twinkies per month on eBay for the next 50 years. Easiest money you’ll ever make.

Nov 16, 2012 12:01pm EST  --  Report as abuse
kehenalife wrote:

poetic justice would be Bain Capital and and bunch of dentists buying
Hostess. Twinkies have the same texture as Mitt’s campian.

Nov 16, 2012 12:05pm EST  --  Report as abuse
jrj906202 wrote:

This is the way capitalism and freedom should work.Now,hopefully,Obama doesn’t get involved and mess things up.

Nov 16, 2012 12:09pm EST  --  Report as abuse
SanPa wrote:

Hostess may be gone, but Twinkies will last for ever.

Nov 16, 2012 12:13pm EST  --  Report as abuse

No big fan of unions, but most everyone here is just projecting their own limited views onto the situation with a barest of clues as to why Hostess is in such a situation.
Laughable.

Nov 16, 2012 12:29pm EST  --  Report as abuse
victor672 wrote:

Another employer squeezed to death by unions. I wonder how much the Bakers Union gave to Obama? This is from the Waterloo-Cedar Falls (Iowa) Courier where one of the closed plants is located:

“Hostess issued a statement late Wednesday saying, “Some of our employees who are on strike have expressed the desire to come back to work, but they have also expressed concern about the $140.00 daily fine the Bakers Union has threatened to impose on employees who cross a picket line. The employees are being misinformed that the fine will be taken out of their paychecks.

“We want to be clear: Hostess Brands does not provide a payroll deduction for any fine a union may decide to impose on our employees.”"

Nov 16, 2012 12:36pm EST  --  Report as abuse
victor672 wrote:

Another employer squeezed to death by unions. I wonder how much the Bakers Union gave to Obama? This is from the Waterloo-Cedar Falls (Iowa) Courier where one of the closed plants is located:

“Hostess issued a statement late Wednesday saying, “Some of our employees who are on strike have expressed the desire to come back to work, but they have also expressed concern about the $140.00 daily fine the Bakers Union has threatened to impose on employees who cross a picket line. The employees are being misinformed that the fine will be taken out of their paychecks.

“We want to be clear: Hostess Brands does not provide a payroll deduction for any fine a union may decide to impose on our employees.”"

Nov 16, 2012 12:38pm EST  --  Report as abuse
MetalHead8 wrote:

R.I.P Twinkies hahaha

Nov 16, 2012 12:42pm EST  --  Report as abuse
Alpha_Blogger wrote:

Go to Fox and read the real story or just go to the Hostess web site and read the letter to the employees being fired.

Nov 16, 2012 12:53pm EST  --  Report as abuse
Neurooo wrote:

The sad part is that Roger Harrison whom was quoted in the article was obviously mislead by the union and ultimately the one screwed. The union survives, collecting dues while another US manufacturer shuts down and leaves thousands more unemployed. Same story, different time. Sorry Roger, no one is going to ride in and start making bread at a loss. Your union just screwed you. You need to wake up.

Nov 16, 2012 12:58pm EST  --  Report as abuse
randburg100 wrote:

All the US airlines & car manufacturers will have to redesign their seats….300+ million will start to lose 100lbs off each butt cheek….

Nov 16, 2012 1:21pm EST  --  Report as abuse
AlkalineState wrote:

Maybe they could update the company, come out with a Ding-Dong smartphone. Maybe call it the ‘holy puck.’

Good times. All dinosaurs must die some time.

Nov 16, 2012 1:33pm EST  --  Report as abuse
bobw7s6 wrote:

Corporate Greed. Hostess is now playing out the Mitt Romney business plan that Romney played out so many time when at Bain.

Nov 16, 2012 1:51pm EST  --  Report as abuse
Rich_F wrote:

i love liberals they always cast all the blame somewhere else but on what they support. you can’t tell me the unions had zero to do with the company liquidating. its all the rich fat cats running the firm and they’re just victims. this is right out of the liberal handbook why should anyone expect a different response?

Nov 16, 2012 1:53pm EST  --  Report as abuse
brotherkenny4 wrote:

Sorry, this is junk food. Nobody needs to eat this stuff. Also, the workers are getting blamed, but did they at some point think about raising their price. Perhaps people with educations and good jobs don’t eat this junk. Or maybe people who eat this junk become less healthy and productive and thus less capable of paying a higher price. Overall, a very lame attempt at vilifying the workers again. Probably more of those 47% who think this is a free ride or something. You know those working poor people, working those great factory jobs, that are so friggin easy.

Nov 16, 2012 2:01pm EST  --  Report as abuse
Bob9999 wrote:

I feel sorry for the workers, but the world is probably better off without the company’s products.

Nov 16, 2012 2:03pm EST  --  Report as abuse
deerecub1977 wrote:

Congratulations to the Democrats and Young People! You now own it and you can’t blame Bush.
The next terrorist attack you own it.
Can’t get a job after graduation, you own it.
Sky rocketing energy prices due to Obama’s EPA shutting down the energy producing states, you own it.
A nuclear Iran, you own it.
Bowing to the Soviet Union, you own it.
Another severe recession, you own it.
A volatile border with Mexico, you own it.
Trouble getting good health care, you own it.
Higher health insurance costs and health care costs, you own it.
No budget, you own it.
Our allies mistrust, you own it.
Another trillion of debt, you own it.
More Benghazi situations, you own it.
No one willing to join the military, you own it.
Trouble getting a loan to buy a home, you own it.
More dependency on food stamps, you
own it.
Trouble finding good employment, you own it.
Several part time jobs instead of a good job, you own it.
A World Government, you own it.
The UN governing the United States instead of ourselves, you own it.
A Senate that will not bring any legislation to the table even if it is “Dead on Arrival”, you own it.
China controlling our world trade trampling all over us, you own it.
Loss of our freedoms as we have known it in the past, you own it.
A dictatorship instead of a democracy that follows the Constitution, you own it.
Less take home pay and higher living costs, you own it.
Driving a car that looks like a toy, you own it.
More government corruption and lies, you own it.
More toleration of extreme and fanatical Islamists, you own it.
Terrorist attacks called work place incidents, you own it.
Your revenge instead of love of country, you own it.
President
George Bush is out of it now, and
there is not another good man for you to vilify and lie about. In a way
I am relieved that another good man will not be blamed when it was
impossible to clean up this mess you voted for. Have a good day. God
bless the United States! God is our hope now.

Nov 16, 2012 2:11pm EST  --  Report as abuse
Mott wrote:

Hope some new companies arise from this that make healthier alternative snacks.

These companies have figured out the art of making the most of the bankruptcy scheme.

With regards to jobs, this is the nature of business of capitalism – nothing new.

Nov 16, 2012 2:29pm EST  --  Report as abuse
KyuuAL wrote:

Before blaming the union, the company as a whole was already falling apart. This business failed. That’s really all there is to it here.

Nov 16, 2012 2:56pm EST  --  Report as abuse
Tuscar wrote:

The lack of business acumen in this thread is staggering.

Read up on the situation, and realize that this was a long time coming. Both sides are to blame, but the ultimate blame will always rest with the people holding the keys to the company.

As far as Hostess products go, Wonder Bread and Twinkies will return after a short interruption, because the Hostess Brand is worth more than the company.

Nov 16, 2012 3:00pm EST  --  Report as abuse
jaham wrote:

Chock this one up as another victory for the unions, LOL.

Nov 16, 2012 3:48pm EST  --  Report as abuse
jaham wrote:

@Kyuual…yes, they were struggling and trying to cut costs, Unions said no, and now they have no job…Bravo!

Nov 16, 2012 3:48pm EST  --  Report as abuse
AlkalineState wrote:

They still used lard in their products. That’s nasty. Many people don’t eat lard any more. It’s high in cholesterol, high in saturated fat, and…. it’s melted pig fat. This company failed because they failed to adapt. All dinosaurs die some time.

Nov 16, 2012 3:51pm EST  --  Report as abuse
AZ1811 wrote:

to deerecub1977 – couldn’t have said it better. Saved me a lot of typing. Thanks.

Nov 16, 2012 3:57pm EST  --  Report as abuse
JL4 wrote:

It’s interesting that a company blames bankruptcy on its employees’ salaries and benefits. I wonder why the upper management of this company hasn’t named the pay sacrifices they’ve taken to save the company. Wonder how the bonuses have been for the last few years…how many millions have they taken for themselves, and then asked the employees to take pay cuts – - again. Wait and see, the managers will get theirs, bankruptcy or not.

Nov 16, 2012 3:58pm EST  --  Report as abuse
JL4 wrote:

@Tuscar – the lack of business acumen doesn’t stagger me anymore. I’m used to it. “It’s all the Union’s fault” is second only to “It’s all Obama’s fault.” You wont get much intelligent business discussion here.

Nov 16, 2012 4:00pm EST  --  Report as abuse
AZWarrior wrote:

Uh, businesses exist to make money (duh!). The notion that they should be “good citizens” and “care for their employees” flies in the face of evolution (business is as subject to evolutionary rules as any living organism). Businesses, who for years have touted their altruism, have sold this falsehood to a greedy and self centered public and employees, so they have no one else to blame. So evolution says “no profit, no future” and that is that. Bad management may be part, or even all, of the problem, but evolution doesn’t care “who shot John”.

Nov 16, 2012 4:10pm EST  --  Report as abuse
AZWarrior wrote:

Uh, businesses exist to make money (duh!). The notion that they should be “good citizens” and “care for their employees” flies in the face of evolution (business is as subject to evolutionary rules as any living organism). Businesses, who for years have touted their altruism, have sold this falsehood to a greedy and self centered public and employees, so they have no one else to blame. So evolution says “no profit, no future” and that is that. Bad management may be part, or even all, of the problem, but evolution doesn’t care “who shot John”.

Nov 16, 2012 4:10pm EST  --  Report as abuse
PKFA wrote:

A classic case of incompetent management unable to keep up with a changing marketplace and an intransigent union out of touch with reality. Both get what they deserve. Good riddance. Question, though: is the Twinkee so ingrained in American culture and the union contributions to the current administration so large that a bail out a la’ automotive is in the offing? Stay tuned, kids.

Nov 16, 2012 4:13pm EST  --  Report as abuse
acebros wrote:

Side question from Cambridge MA — who found Raj, who runs Sarah’s, down the street from me, and how? None of the datelines say “Cambridge.” Raj is a sweetheart….As to the meat, um, dough: Wonder Bread was, let’s face it, a blight on the planet, but it’s not as bad as the Ripplewood pirates and their ilk. If eating Wonder Bread for the rest of my natural life would result in the hedge-fund/PE creeps hanged from meathooks on the NYSE facade, I would swallow hard and go buy a lot of Skippy.

Nov 16, 2012 4:33pm EST  --  Report as abuse
acebros wrote:

Side question from Cambridge MA — who found Raj, who runs Sarah’s, down the street from me, and how? None of the datelines say “Cambridge.” Raj is a sweetheart….As to the meat, um, dough: Wonder Bread was, let’s face it, a blight on the planet, but it’s not as bad as the Ripplewood pirates and their ilk. If eating Wonder Bread for the rest of my natural life would result in the hedge-fund/PE creeps hanged from meathooks on the NYSE facade, I would swallow hard and go buy a lot of Skippy.

Nov 16, 2012 4:33pm EST  --  Report as abuse
Sceptic1 wrote:

This is a real shame. While I don’t know what the working conditions were like, their wages or healthcare costs; but it seems everyone has been asked to make sacrifices over the last four years. Many folks in healthcare haven’t had a raise in three or four years. That equates to a roughly a cumulative 13% pay cut. I’ve always had to pay for part of my healthcare benefits and they have been going up by about 4-5% over the last few years. I think those union folks should suck it up like the rest of us and be glad to be employed.

Nov 16, 2012 4:42pm EST  --  Report as abuse
TheNewWorld wrote:

“Hostess Brands Inc, the bankrupt maker of Twinkies snack cakes and loaves of Wonder Bread, is seeking a U.S. court’s permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.”

Congratulations, you are all out of jobs. You sure did teach those 1%’ers didn’t you.

Nov 16, 2012 4:45pm EST  --  Report as abuse
TheNewWorld wrote:

@beenther

“Worked for them 30 yrs and can say this is not union greed. Good ole boy mismanagement at the top is responsible. Company has been continually reducing employees wages and benefits for the last 10 yrs while giving corporate execs exorbitant bonuses and raises. Asking to earn a living wage is far from being greedy but unfortunately minimum wage is what too many corp are asking of their employees.”

I am sorry for your job loss. Obviously the company has been in a poor situation for years. This was a last ditch effort to save the company. In a non union shop, if a worker doesn’t like the pay/benefits cuts, they could go find another job. Instead everyone in this case loses their job. The union made a poor decision in my opininion. It is better to have a job and look for another job, than it is to have no job, and be looking for a job.

Nov 16, 2012 4:53pm EST  --  Report as abuse

Yes, the Obama electorate strikes again! This is the new America run by voting-aged teenagers, single mothers, welfare queens and unions. The first casualties of the class war are yellow snack cakes. Sorry, but I have to chuckle a bit.

Nov 16, 2012 4:58pm EST  --  Report as abuse
KDWinTexas wrote:

Gosh, I wish I had a union to help me lose my job.

Nov 16, 2012 5:06pm EST  --  Report as abuse
imacracker wrote:

Now the union guys can go on PERMANENT STRIKE!

The bakers just got creamed.

Nov 16, 2012 5:19pm EST  --  Report as abuse
imacracker wrote:

Let’s send in Mitt to fix it!

Nov 16, 2012 5:22pm EST  --  Report as abuse
RichardNYC wrote:

Not to worry: you will always be able to get your Twinkie high. They will sell the brand to someone who will make them in factories that pay minimum wages with no benefits, and you will never know the difference unless you care and pay attention.

Nov 16, 2012 5:33pm EST  --  Report as abuse
RichardNYC wrote:

Not to worry: you will always be able to get your Twinkie high. They will sell the brand to someone who will make them in factories that pay minimum wages with no benefits, and you will never know the difference unless you care and pay attention.

Nov 16, 2012 5:33pm EST  --  Report as abuse
bth8446a wrote:

Place your bets. The question is really, does the union REALLY believe as they say, that managment dragged this company down.

Place your bet
1) union, seeing what a valuable asset the company is, will take advantage of management foolishness by making an offer to by hostess properties, and they can reward themselves with all the raises and benefits they wish because they know theyn run a great and profitable company
2) union, seeing that is has rode this pony as far as it could till it died from the burdens they put on it wouldn’t touch hostess and make an offer if their livelyhood depends on it (and it does). They’ll stay far away from doing this, perhaps suing and causing other troubles to drain the dead lifeless body of this pony of its last resources

Place your bets

Nov 16, 2012 6:38pm EST  --  Report as abuse
Westlado wrote:

Wow, so many people are misinformed about current labor unions. All this talk of union dues being spent on politics. What do you think the corporations spend their money on? Increasing your hourly wage? I doubt it. Even Abraham Lincoln knew in the 1860′s that: “Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”.

Nov 16, 2012 6:52pm EST  --  Report as abuse
Realaskan wrote:

Good riddance. Junk food crap. And wonder bread blows. America’s better off without it.

Nov 16, 2012 7:44pm EST  --  Report as abuse
mydogsaid43 wrote:

well i worked 4 consolidated freightways 4- 31 years, like this co. thy tried 2 file bankruptcy and the judge told them thy had 2 many assets. so thy waited 5 years of bad management and tried again it worked this time. without warning thy closed all terminals on laborday. this was the largest freight moving origination in the world. thy sold off all road rights, tractors, trailers, and terminals. we were not on strike and every thing seamed 2 b fine. so what happened thy simply opened under a different name and going strong. CONWAYS. as a mater of fact i wood bet my life that thy already have a new brand in place. ass did consolidated.

Nov 16, 2012 8:29pm EST  --  Report as abuse
delbo wrote:

Way to go dum dums,companies are tired of your greed and your job killing unions.Now all of you hostess workers can go job hunting and maybe if your lucky you can find you a nice minimum wage job.That is just too hilarious.Good hunting dummies.

Nov 16, 2012 8:58pm EST  --  Report as abuse
Westlado wrote:

@ Delbo

It’s actually spelled “you’re”. You might want to research the compensation of their executives over the last few years as they prepared for bankruptcy. Maybe next time you won’t look like a “dummy”.

Nov 16, 2012 9:48pm EST  --  Report as abuse
kevin2ia wrote:

Courtesy of your friendly neighborhood socialists – BO, union, et. al.

Nov 16, 2012 10:18pm EST  --  Report as abuse
mend2day wrote:

No more wonder bread…..no more day old bakeries NOOOOOOOOOOOOOO
ROMNEY HELP!! I voted for you!! I still believe in you!!! HELP

My kids won’t eat anything but wonder bread (thanks mom) Sunday morning french toast will never be the same. *sigh*

Nov 17, 2012 9:49am EST  --  Report as abuse
APatriotS wrote:

It’s a national tragedy. Everyone forget the Twinkie Diet? http://www.cnn.com/2010/HEALTH/11/08/twinkie.diet.professor/index.html it could have saved the US from the obesity epidemic.

Seriously, citizens should not take this lying down. Start a petition to the US Bankruptcy Court to DISALLOW THE LIQUIDATION.

Nov 18, 2012 12:32am EST  --  Report as abuse

OK. Now what should the consumers do about the rest of Hostess’s products. Should we boycott them? Where does the Money go? To the Owners and shareholders?

Nov 20, 2012 4:04pm EST  --  Report as abuse
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