Green Energy
Hostess Shrugged: Going Galt In The Face of Neo-Comms
From Noisy Room:
The day came last week, that I never would have dreamed would come about. Hostess (founded in 1930) went Galt and shut down laying off 18,500. Hostess had been going through severe financial challenges, so renegotiations with the unions was no surprise. They had already been through bankruptcy and restructuring twice before, I believe. They were dealing with twelve unions and had even brokered a deal with the Teamsters. They offered the unions a 25% stake in the company, seats on their Board of Directors and 100 million in debt. All they asked for was an 8% cut in wages. The Baker’s Union would have none of it, so now they get a 100% cut in wages. Ding Dong, the Twinkies are dead.
GO READ THE WHOLE THING.
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"Forward" - 40% of Americans Now Make Less Than 1968 Minimum Wage From Will at THE OTHER NEWS: "Forward" - 40% of Americans Now Make Less Than 1968 Minimum Wage.(BLN).You may have seen charts like the one to the right from the Economic Policy Institute,...
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Another Iconic Business Files For Bankruptcy
Reader's Digest:...The company is the latest in a line of iconic businesses to have recently sought court protection from creditors, after Hostess Brands Inc., maker of Twinkies and Wonder Bread, and Eastman Kodak Co., inventor of Kodachrome and the...
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John Galt’s Real Strike: Chapter Four, And Everyone Got To Observe It
Welcome to the Banana Republic of America.Only 110 million homes got to see this, but did anyone think about WHY on the most viewed event each year in the USA, and PROBABLY world wide there we had a blackout?Maybe it was insufficient...
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"america": The Unions Win!!! Protect The Working Man - Hostess Goes Out Of Business, Laying Off 18,500 Workers
This is a cause for celebration in Bronco Bama's "America". The Working Man's cause has been championed and the Unions have won. From Fox: IRVING, Texas - Say goodbye to your Twinkies. North Texas-based Hostess Brands, Inc....
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But Aren't They Widening The Gap Between Rich And Poor? Times To Close Boston Globe?
Times co. threatens to shut down Globe The New York Times Co. has threatened to shut the Boston Globe unless the newspaper's unions swiftly agree to $20 million in concessions, union leaders said. Executives from the Times Co. and Globe...
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