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--- Twinkies ---- !!


GeorgeS

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Not to start a fight, but an article on the opinion page of The Wall Street Journal today. Regular business writer byline.

 

Claims that the real problems at Hostess are on the distribution side and the Teamster work rules. For instance: bread and cupcakes can't ride same truck, drivers don't help load or unload - second vehicle sent with person to do that, same for moving inventory from stock to shelves in the store.

 

Writer says he can understand the bakers (who have taken several hits) don't want to subsidize the Teamsters any more, especially since the company would fail without those changes anyhow. Thinks it's quite reasonable for the bakers to conclude they might end up with better jobs in a viable company when the plants are under new ownership.

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Not to start a fight, but an article on the opinion page of The Wall Street Journal today. Regular business writer byline.

 

Claims that the real problems at Hostess are on the distribution side and the Teamster work rules. For instance: bread and cupcakes can't ride same truck, drivers don't help load or unload - second vehicle sent with person to do that, same for moving inventory from stock to shelves in the store.

 

Writer says he can understand the bakers (who have taken several hits) don't want to subsidize the Teamsters any more, especially since the company would fail without those changes anyhow. Thinks it's quite reasonable for the bakers to conclude they might end up with better jobs in a viable company when the plants are under new ownership.

 

 

 

Bottom line, unions did themselves in.

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Now here is justice...."Hostess wants liquidation plan and $1.8 million executive bonuses approved by judge" - http://www.thestar.com/business/article/1294838--hostess-wants-liquidation-plan-and-1-8-million-executive-bonuses-approved-by-judge

 

Want to bet whether or not they get their bonus money BEFORE the employee retirement plans that owned lots of the company stock get any money?

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Stopped at Walmart on the way home Monday night looking for a specific kind of Christmas lights.

 

In a display by the door was a stack of sacks Hostess Sweet Sixteen powdered donuts. I grabbed a sack of them. I thought maybe a local bakery was still making Hostess products under license.

 

They came from Interstate Brands in Irving, TX. A quick Yahoo search turned up that is Hostess and they are closed. Guess these donuts were the last of them in the pipeline.

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This will be like the New-Coke/Old-Coke brewha. Once Twinkies are available again people will be snapping them up. (Does anyone care about Wonder Bread?).

 

I do. Not a big fan of the other products, although the chocolate doughnut gems with chocolate milk are pretty decent.

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