Farewell Twinkie the Kid

[jestercinti]

We'll miss you.



In case you missed it:  http://hostessbrands.com

[ThatOtherGuy]

talk about cut your nose off to spite your face.  unions really need to place a mirror in front of themselves and take a good hard long look.  instead of a piece of something, they now have a piece of nothing, what a bunch of morons.

[jestercinti]

Around here, there was a run on all Hostess products.

Store shelves bare.  It's like the Zombie Apocalypse happened.

[The Buddha]

It will be back ... sadly ... man I think I must have eaten 2 of those in my life ...

BTW I think the gamble is that its place will be taken by a copy cat, and the employees will get back to it ... anyway the hard labor market has been long undermined by illegal immigration.

Cool.
Buddha.

[yamahonkawazuki]

talk about cut your nose off to spite your face.  unions really need to place a mirror in front of themselves and take a good hard long look.  instead of a piece of something, they now have a piece of nothing, what a bunch of morons.

yup. thank GOD theyre easy to make. the cake is mainly like pound cake. the filling more or less to taste. but whipped topping maybe flavored somewhat . me? i deep fry them a bit and seal the end  beforehand. but as a diabetic i dont do this too often lol.
Aaron

[jestercinti]

Went to the hostess liquidation sale at the outlet bakery today in the hood.

You would have thought that it was Black Friday. Packed, and people were grabbing everything. Got $45 with of stuff for $22. Shelves bare at 11am.

[yamahonkawazuki]

once i have avail. funds going to make a utensil out of stainless steel so i can make a dozen @ a time ( 3 minutes in their oven @ pizza place i worked at) filling keeps in fridge for days. unless liquor is used for flavoring. the cakes keep for 2 days in bread bags refridgerated. hey making them isnt disallowed. calling them twinkies is however lol

[mister]

Went to the hostess liquidation sale at the outlet bakery today in the hood.

You would have thought that it was Black Friday. Packed, and people were grabbing everything. Got $45 with of stuff for $22. Shelves bare at 11am.

Yeah, fancy those other people doing what you went in to do 

I ate a twinkie when I was stateside. Yuck, is the word that comes to mind. No great loss as far as I'm concerned - but - a great loss of jobs which is never a good thing. I wonder if the union will now employ all those people. I think not.

Michael

[jestercinti]

Yeah, fancy those other people doing what you went in to do 

I ate a twinkie when I was stateside. Yuck, is the word that comes to mind. No great loss as far as I'm concerned - but - a great loss of jobs which is never a good thing. I wonder if the union will now employ all those people. I think not.

Michael

Yeah, my teeth fillings are still resonating from the sugar/high fructose corn syrup.

[The Buddha]

We will have plenty of decentralised "twinkie" manufacturers ...

The word Twinkie always makes me laugh cos - I think round the hood "twinkie" is the slang to a black girl doing a white dude ... now seeing as its counterpart is Ho ho which is a slang for a girl doing any dude it puts all that into sharp focus.

Cool.
Buddha.

[The Buddha]

I wonder if the union will now employ all those people. I think not.

Michael

Oh yea one more of those gems on this topic from you eh ...

Lets try this on for size ... you know why Hostess decided to close ... well they decided they could not "afford" the stoppage and then they went on to pay their executives several million in bonuses to "help" wind down the company ...
Yea they need those bonuses ... yea ... what will they do, just like on 12 million a yr without the added 4 mill in bonuses ... no way man.

Cool.
Buddha.

[adidasguy]

I have friends with the airline industry. Based on that, the unions primary purpose is to keep their own job. The employees are secondary. actually, there was strong evidence that the flight attendant union was in bed with the company.

[The Buddha]

This is what I heard -

The Sacramento Bee quotes the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union on alleged pay raises for Hostess execs during earlier bankruptcy filings, including a supposedly tripled salary for former CEO Brian Driscoll: "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."


Cool.
Buddha.

[ThatOtherGuy]

so innuendo is all you have?

you have two choices, buy shares in the company, form a voting block and vote against the board doing this, otherwise what's the problem if you're not invested in the company?

[The Buddha]

so innuendo is all you have?

you have two choices, buy shares in the company, form a voting block and vote against the board doing this, otherwise what's the problem if you're not invested in the company?

I dont know if you were replying to me ... but I was posting to say its not all unions are there to make unjustified demands.
Cool.
Buddha.

[jestercinti]

This is what I heard -

The Sacramento Bee quotes the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union on alleged pay raises for Hostess execs during earlier bankruptcy filings, including a supposedly tripled salary for former CEO Brian Driscoll: "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."


Cool.
Buddha.

Rich get richer.  I'm in Audit and Compliance for a living.  We have issues where no one gave a sh!t about auditing (happens a lot).  Then the audit committee (based on the Board of Directors) said "Hey executives, your pay is based on the audit results and remediation efforts by your respective teams"

Guess what?  Things got attention, and got fixed.

Very few CEOs will take a $1 salary, and turn companies around.  Steve Jobs maybe...but you have to look at the total package.  PIXAR/Disney gave him a ton of stock, and his Apple stock also kept him very comfortable.

[ThatOtherGuy]

so innuendo is all you have?

you have two choices, buy shares in the company, form a voting block and vote against the board doing this, otherwise what's the problem if you're not invested in the company?

I dont know if you were replying to me ... but I was posting to say its not all unions are there to make unjustified demands.
Cool.
Buddha.

alleged/supposedly = innuendo, yes I was replying to you.  as a person who sees what unions do and how they falsify  information and basically tell outright lies (and its not even something I am directly involved in), I have no faith in anything the unions say, no matter the country.  most unions have lost sight of who they are there for unfortunately.

[The Buddha]

Lets try this one for size ...

The highest salary in the country in a govt position is obviously the president. @ around 450K and he has huge expenses, he cant turn off the lights and he has to pay for his own dinner etc etc etc ... so that 450K is wasily eaten away by a 10g utility bill ... I'd rate that 450K as closer to 300K in the real world ...

Anyway anyone who is an employee needs to be limited to about that. Of course a lot of CEO's are also stock holders in their respective firms ... like Steve Jobs owned 5% of a stock that was selling 700 bucks, he sells 100 of those ... that isnt subject to the limit ... the employee compensation is different from the business compensation ...

I think in a lot of cases managers are leeches on the company. Full of Idiotic acquisitions and dumb ideas as well as outright criminal ones. The classic pump and dump, the insider trading the privatise the profits socialise the losses etc etc are all rife in that culture. Yea becoming a share holder in that snake pit so you can vote your way out, is like sticking your hand in a snake pit and hoping to catch enough snakes so you can change the rest of the snakes ... you gotta be pretty stupid to try that ...

However i should say, Twinkie or no twinkie, I dont think I'd shed a tear either way ... let it all collapse and I wont care ...

Cool.
Buddha.

[The Buddha]

so innuendo is all you have?

you have two choices, buy shares in the company, form a voting block and vote against the board doing this, otherwise what's the problem if you're not invested in the company?

I dont know if you were replying to me ... but I was posting to say its not all unions are there to make unjustified demands.
Cool.
Buddha.

alleged/supposedly = innuendo, yes I was replying to you.  as a person who sees what unions do and how they falsify  information and basically tell outright lies (and its not even something I am directly involved in), I have no faith in anything the unions say, no matter the country.  most unions have lost sight of who they are there for unfortunately.

Dude that is just the 2012, that company has been tripling their executives pay since 2009. Read up some of their history, and those are not union released news.
Cool.
Buddha.

[jestercinti]

Worked for a union once in 1994 (UAW). Was a metal press operator. One time they jumped through hoops to give me my pay that I deserved. The total was $45 I think which was in dispute.

The rest of the time working there and in other places, the union was more of a curse than a blessing. Not saying all unions are bad, but these took the cake...coffee in one hand, Marlboro in the other complaining about how the company is screwing them over for 8 hours a day. Never lifted a finger, just moaned and groaned. They were protected, untouchable.

Crazy.

To those in a Union who work hard and are not caught up in the rhetoric, thank you for your hard work and dedication.