It’s over – Hostess Cakes: created by capitalists and killed by socialists

20121120-165211.jpgLooks like mediation between Hostess and the union failed:

Hostess Brands announced on Tuesday night that despite the help of a mediator, it had failed to reach a new labor agreement with the bakery workers union – and union officials said the company had indicated it would proceed with plans to liquidate.

“It’s over,” said David Durkee, secretary-treasurer of the Bakery, Confectionery, Tobacco Workers and Grain Millers Union.

I guess the union members would rather be out of a job than take a cut. Correct me if I’m wrong, but union members on strike don’t get unemployment benefits. So what would be the point of taking the hard-line in negotiations?

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About Erick Brockway

Living in Camarillo, CA, about 45 miles North of LA. I have a son, and two daughters. Working two jobs (welcome to California life), plus a (now retired) reservist in the US Navy Seabees so life is busy!
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3 Responses to It’s over – Hostess Cakes: created by capitalists and killed by socialists

  1. mbecker908 says:

    Probably gonna be gobbled up by Bimbo in Mexico or a US snack food company. Twinkies will be on the shelf, 18,500 union slugs – give or take a few – are gonna be on the street and unemployable.

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