We'll miss you.
(http://1.bp.blogspot.com/-qYQzoIHwmyE/TwzwlZ5KygI/AAAAAAAAEZo/NnYmbbZQTLA/s1600/twinkie.jpg)
In case you missed it: http://hostessbrands.com
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.
Around here, there was a run on all Hostess products.
Store shelves bare. It's like the Zombie Apocalypse happened.
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.
Quote from: ThatOtherGuy on November 16, 2012, 06:17:54 PM
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
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.
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
Quote from: jestercinti on November 17, 2012, 11:04:55 PM
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 :icon_mrgreen:
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
Quote from: mister on November 19, 2012, 02:51:12 AM
Yeah, fancy those other people doing what you went in to do :icon_mrgreen:
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.
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.
Quote from: mister on November 19, 2012, 02:51:12 AM
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.
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.
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.
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?
Quote from: ThatOtherGuy on November 19, 2012, 07:46:55 PM
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.
Quote from: The Buddha on November 19, 2012, 06:47:51 PM
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.
Quote from: The Buddha on November 20, 2012, 08:41:35 AM
Quote from: ThatOtherGuy on November 19, 2012, 07:46:55 PM
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.
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.
Quote from: ThatOtherGuy on November 20, 2012, 02:17:18 PM
Quote from: The Buddha on November 20, 2012, 08:41:35 AM
Quote from: ThatOtherGuy on November 19, 2012, 07:46:55 PM
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.
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.
Quote from: The Buddha on November 20, 2012, 02:26:37 PM
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.
So how much does he pay for his Secret Service goon squad? Fleet of personal transport, like planes, helicopters, limos etc etc? How many executives could expect a red carpet welcome in most places of the world? And have someone else foot the bill for it. How much does he pay for the presidential pension and his SS protection after his term? You're not comparing like with like. Start quantifying everything else he gets "for free", then tell me what his total package comes too. Might surprise you how much the president really costs the American public.
CEO's have a goon squad they dont pay for as well. CEO's also have limo's they dont pay for, they have almost all the same things different in scale and scope depending on the company and situation obviously which is @ a company's expense. @ the end, the CEO can turn off his patio lights if he's going broke ... president cannot. Retirement and so on is dependent on original salary, a ceo making 400K will get ~65% of it ... I think where it makes a difference as president, after they are done, a young president like Clinton or Obama still has a 30-40 yr life left. Most CEO's work till their 70's.
Anyway ...
Cool.
Buddha.
In an effort to get back to what I see as the original topic here, Twinkies are not going to go away entirely. Anyone paying more than MSRP on ebay for a Twinkie is a moron.
This is truly a Chapter 11 liquidation bankruptcy. All of Hostess' assets, including products and secret recipes/manufacturing processes & patents, will be sold at auction now that the court-mandated mediation appears to have failed. There are already at least 6 confectionery companies who are ready to bid on Twinkies. Twinkies will continue to be produced and sold, but they will no longer carry the Hostess banner. Production will likely also be moved to wherever the buyer currently operates.
I'm going to stay out of the pro/anti-union debate here. I have my own opinions, but this borders on one of the topics that is the catalyst for many fierce arguments. As they say, to avoid an argument, refrain from discussing religion or politics.
One more thing ...
A crappy out of time product line - high sugar and high fat and no nutrition value food was what killed twinkie. I dont think that can be pinned on union or workers. Its all management baby ... they should have invented a high fiber low calorie twinkie ... mu hahahahahahah ... hahahahah ... all management failure baby.
The twinkie bar, a grain and fiber filled bar that fights cancer and can double as a dildo ... y'know for those who must have a twinkie ... y'know ... easy, invent it and watch it fly off the shelves in the hood ... and its equivalent, the Black twinkie ... AKA a ho ho ... same as twinkie, but bigger ...
Cool.
Buddha.
Almost any large scale failure IMHO in recent times including the suzuki failure I'd chalk it down to management failure ... lack of direction, lack of vision, lack of competetiveness etc etc ... the nut and bolt guy isn't designing the GS ...
However in the 60's and 70's if you recall, the british and other european cars used to come out of the factory missing bolts, missing other critical components ... they were popular and well liked ... aka nicely designed and appealing, but they function horribly ... that is labor and union failure classic ...
You're riding your GS bought new last week .. .and your damn brake caliper falls off ... OK there failure of labor/union ... blame the $15/hr assembly line guy ...
You walk into the showroom and your GS looks like garbage next to the gleaming new honda 300 twin ... sorry management failure there.
Cool.
Buddha.
Quote from: ThatOtherGuy on November 20, 2012, 03:25:31 PM
So how much does he pay for his Secret Service goon squad? Fleet of personal transport, like planes, helicopters, limos etc etc? How many executives could expect a red carpet welcome in most places of the world? And have someone else foot the bill for it. How much does he pay for the presidential pension and his SS protection after his term? You're not comparing like with like. Start quantifying everything else he gets "for free", then tell me what his total package comes too. Might surprise you how much the president really costs the American public.
Probably equal to if not more than her entourage :cheers:
(http://upload.wikimedia.org/wikipedia/commons/thumb/c/c8/Julia_Gillard_2010.jpg/220px-Julia_Gillard_2010.jpg)
I don't doubt that at all. Just saying don't always blame the executive, its easy to single out maybe a dozen people at the top and look at their income in isolation, but 18,500 people lost their jobs. so being conservative, if on average they earned $30k each, that's $555m in wages. was Twinkie ever going to be able to continue generating that sort of income to sustain those incomes?
reinventing Twinkie? anyone remember "New Coke", not always the best thing to do.
Dude - it was loaded with fat and calories ... I blame the executives. Easily. I was just joking when I said I want a 7 grain twinkie ... however they should have started a few lines of more healthy products ... yea yea they had bread, OK that is 1. That lack of vision I will directly lay @ the feet of the executives.
The beauty is ... they still make millions when winding down the company ... they collectively killed it and are staying on to profit from the last few breaths of it.
I'd honestly hope a few workers @ a time started a cottage industry making the twinkie ... a small scale ... only this part of the country we sell to ... like cheerwine or sundrop. Only in my corner of USA we get those and they are relatively succesful.
Cool.
Buddha.