Unions Shut Down Hostess

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Re: Unions Shut Down Hostess

Postby Nola_Lifer on Tue Nov 20, 2012 12:38 pm

What reality do you live in?
employees have always been free to move on to more enterprising jobs elsewhere
. That shit ain't free bub. It costs money to quit and move to find another job. Maybe they enjoyed what they do but weren't satisfied with what was happening, so instead of packing up like a bunch of weaklings they stood their ground and demanded more.

Just because your entitled to another job doesn't mean jobs are out there, nor does it mean that you have the access or the means to.
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Re: Unions Shut Down Hostess

Postby Phatscotty on Tue Nov 20, 2012 3:09 pm

Nola_Lifer wrote:What reality do you live in?
employees have always been free to move on to more enterprising jobs elsewhere
. That shit ain't free bub. It costs money to quit and move to find another job. Maybe they enjoyed what they do but weren't satisfied with what was happening, so instead of packing up like a bunch of weaklings they stood their ground and demanded more.

Just because your entitled to another job doesn't mean jobs are out there, nor does it mean that you have the access or the means to.


that's why the part you deleted from my statement included "work at your current job while you look for another one"

ya stick
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Re: Unions Shut Down Hostess

Postby AndyDufresne on Tue Nov 20, 2012 3:11 pm

And then they would just fire. :( :( :( :( :( :( :( :( :( :( :( :( :(


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Re: Unions Shut Down Hostess

Postby AAFitz on Tue Nov 20, 2012 6:28 pm

Phatscotty wrote:
Nola_Lifer wrote:What reality do you live in?
employees have always been free to move on to more enterprising jobs elsewhere
. That shit ain't free bub. It costs money to quit and move to find another job. Maybe they enjoyed what they do but weren't satisfied with what was happening, so instead of packing up like a bunch of weaklings they stood their ground and demanded more.

Just because your entitled to another job doesn't mean jobs are out there, nor does it mean that you have the access or the means to.


that's why the part you deleted from my statement included "work at your current job while you look for another one"

ya stick


Except they weren't just being asked to work at their current job, they were being asked to work at their current job, for less...and clearly since you posted about their mediation, they will not have to work for as much less presumably, so in fact, they may have made the best decision for themselves after all, which is what capitalism is, and not taking one for the team, which is communism.
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Re: Unions Shut Down Hostess

Postby Phatscotty on Tue Nov 20, 2012 7:33 pm

and who are you giving credit for the mediation? did the workers take the higher road, or management?
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Re: Unions Shut Down Hostess

Postby Juan_Bottom on Tue Nov 20, 2012 9:28 pm

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.


What's the difference? F*CK DA POLICE!
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Re: Unions Shut Down Hostess

Postby patches70 on Tue Nov 20, 2012 9:48 pm

The mediation has failed, the liquidation is back on.

Gumbo Bimbo has reportedly been denied the ability to purchase Hostess because of anti-trust laws. That means that the most likely buyer will be a PE firm and PE firm's don't like unions. Thus, the chances of Hostess being purchased and the Union being included has dropped dramatically.

Related, workers are beginning to turn on the Union because the union characterized it to the workers that a buyer would swoop in and purchase the company. Thereby preserving the company and the union. Grim reality is now setting in as the union workers are watching their play go south fast.

There is one other possible ending to this, and considering our politicians it's not too far fetched.
A bailout. The US government hijacking the bankruptcy process so they can preserve the 18K votes by screwing over the company's creditors.
It's happened before......
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Re: Unions Shut Down Hostess

Postby Phatscotty on Wed Nov 21, 2012 12:00 am

Juan_Bottom wrote:
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.


What's the difference? F*CK DA POLICE!


note: promote the general welfare, not provide welfare
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Re: Unions Shut Down Hostess

Postby Dukasaur on Wed Nov 21, 2012 1:31 am

patches70 wrote:The mediation has failed, the liquidation is back on.

Gumbo Bimbo has reportedly been denied the ability to purchase Hostess because of anti-trust laws. That means that the most likely buyer will be a PE firm and PE firm's don't like unions. Thus, the chances of Hostess being purchased and the Union being included has dropped dramatically.

Related, workers are beginning to turn on the Union because the union characterized it to the workers that a buyer would swoop in and purchase the company. Thereby preserving the company and the union. Grim reality is now setting in as the union workers are watching their play go south fast.

There is one other possible ending to this, and considering our politicians it's not too far fetched.
A bailout. The US government hijacking the bankruptcy process so they can preserve the 18K votes by screwing over the company's creditors.
It's happened before......

We can hope, since it will be a while until another election, that we will be spared the nauseating sight of another taxpayer bailout, and the cadaver will be allowed to Rot In Peace.
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Re: Unions Shut Down Hostess

Postby HapSmo19 on Wed Nov 21, 2012 2:15 am

That would be true irony, right?: the O'blabla admin/left clamping down on junkfood and "promoting public health" while bailing out the twinkie mine at the same time?
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Re: Unions Shut Down Hostess

Postby patches70 on Wed Nov 21, 2012 9:10 am

Dukasaur wrote:
patches70 wrote:The mediation has failed, the liquidation is back on.

Gumbo Bimbo has reportedly been denied the ability to purchase Hostess because of anti-trust laws. That means that the most likely buyer will be a PE firm and PE firm's don't like unions. Thus, the chances of Hostess being purchased and the Union being included has dropped dramatically.

Related, workers are beginning to turn on the Union because the union characterized it to the workers that a buyer would swoop in and purchase the company. Thereby preserving the company and the union. Grim reality is now setting in as the union workers are watching their play go south fast.

There is one other possible ending to this, and considering our politicians it's not too far fetched.
A bailout. The US government hijacking the bankruptcy process so they can preserve the 18K votes by screwing over the company's creditors.
It's happened before......

We can hope, since it will be a while until another election, that we will be spared the nauseating sight of another taxpayer bailout, and the cadaver will be allowed to Rot In Peace.


Yes, we can only hope.

For what it's worth, if my employers one day turned around and said they'd have to cut my pay then I'd just quit. I wouldn't put up with that for a second. A deal is a deal after all.

Hap Smo 10 wrote:That would be true irony, right?: the O'blabla admin/left clamping down on junkfood and "promoting public health" while bailing out the twinkie mine at the same time?


Yes, ironic. Hypocrisy comes to mind as well.

As you all may or may not know, when a company goes into such a process the US Justice Department appoints a trustee. In the case of Hostess this trustee is one Tracy Hope Davis. Davis asked the judge to change Hostesses Chapter 11 to a Chapter 7 bankruptcy.

Under chapter 11 it is the creditors who act as the trustee. Under chapter 7 it is the government appointed trustee who supervises the wind down.

The Justice trustee is standard in all bankruptcies. But in a chapter 11 the trustee simply checks all the books and makes sure nothing criminal is going on.

Under a chapter 7 it will be the government who decides who gets what, much to the chagrin of the creditors. I haven't heard how this went down with the judge yet. But if it goes that route then you could see effectively a stealth nationalization of Hostess.

http://www.bloomberg.com/news/2012-11-1 ... idate.html

A lot of this is just standard procedure and the company will likely just be liquidated, but considering the government track record, stranger things have happened.....
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Re: Unions Shut Down Hostess

Postby Phatscotty on Wed Nov 21, 2012 9:33 pm

Dagny Taggart exposes the union...
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Re: Unions Shut Down Hostess

Postby Dukasaur on Wed Nov 21, 2012 10:12 pm

Phatscotty wrote:Dagny Taggart exposes the union...

As I've said to you before, Ayn paints a beautiful picture but it is not the real world. The real business world is not populated by Howard Roarks and Dagny Taggarts. The real business world is populated mostly by Wesley Mouches and Owen Kelloggs. They deserve everything the unions give them.
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Re: Unions Shut Down Hostess

Postby Phatscotty on Wed Nov 21, 2012 10:22 pm

Dukasaur wrote:
Phatscotty wrote:Dagny Taggart exposes the union...

As I've said to you before, Ayn paints a beautiful picture but it is not the real world. The real business world is not populated by Howard Roarks and Dagny Taggarts. The real business world is populated mostly by Wesley Mouches and Owen Kelloggs. They deserve everything the unions give them.


I might agree, but that doesn't mean that they are. The upper management took 99.9% paycuts to keep the company running, in this case...

I just wanted to share the clip. It's not meant to be taken literally
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Re: Unions Shut Down Hostess

Postby Dukasaur on Wed Nov 21, 2012 10:33 pm

Phatscotty wrote:
I just wanted to share the clip. It's not meant to be taken literally


Granted, it's a good scene.
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