« Read My Rings: The Oldest Living Tree Tells All | Main | What pundits really mean when they say Mexicans are "socially conservative" »

November 15, 2012

Twinkies Brinksmanship

Hostess Brands CEO said Wednesday the company will liquidate unless striking workers return to the job by the end of the day on Thursday.

"We simply do not have the financial resources to survive an ongoing national strike," Greg Rayburn said in a statement. Workers are protesting a contract imposed by a bankruptcy court. The bakers union has called the contract "outrageous." A liquidation would result in more than 18,000 workers losing their jobs. -- Hostess CEO gives striking workers Thursday deadline - kwch.com There is a silver lining in all this. As more and more unions bankrupt their employers it is exactly like parasites killing their hosts. Soon there is nothing to feed off and the parasites die off.

Posted by gerardvanderleun at November 15, 2012 8:34 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Post a comment

Remember Me?

(you may use HTML tags for style)