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Title: Hostess, Maker Of Twinkies, To Go Out Of Business; Strike Cited
Source:
Los Angeles Times
URL Source: http://www.latimes.com/business/mon ... uiness-20121116,0,3714808.post
Published: Nov 16, 2012
Author: Alana Semuels
Post Date: 2012-11-16 10:21:48 by Brian S
Keywords: None
Views: 38614
Comments: 68
NEW YORK -- Twinkies may last forever, but the same can’t be said for the company that makes the cream-filled sponge cake. Hostess Brands Inc., the company that makes Twinkies and Wonder Bread, has asked a judge for permission to go out of business and lay off 18,500. The company is blaming its decision to shut down on a labor strike by members of the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union, but Americans’ appetite for junk food has been waning in recent years. The company has filed for bankruptcy twice this decade, the last time in January. "We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike," Gregory F. Rayburn, Hostess' chief executive, said in a statement. Many businesses have faced labor unrest in the recovery from the recession as they try to dial back benefits and wages and unions resist. In 2011, for example, there were 19 major strikes and lockouts involving more than 1,000 workers, according to the Bureau of Labor Statistics, up from 11 in 2010. The 2011 strikes accounted for 1.02 million lost workdays. The union said in a statement that Hostess made unreasonable demands, including wage and benefit cuts of around 30% for workers, while top executives of the company received large pay increases. “The crisis facing Hostess Brands is the result of nearly a decade of financial and operational mismanagement that resulted in two bankruptcies, mountains of debt, declining sales and lost market share,” said union President Frank Hurt. “The Wall Street investors who took over the company after the last bankruptcy attempted to resolve the mess by attacking the company’s most valuable asset – its workers.” Hostess, based in Irving, Texas, has 565 distribution centers around the country, as well as 33 bakeries and 570 bakery outlets. The union says 24 production facilities are currently on strike. It said it had filed a motion with U.S. Bankruptcy Judge Robert Drain in White Plains, N.Y., for permission to shut down and sell assets. The company’s brands include Twinkies, Drake’s and Nature’s Pride. It also makes Wonder bread, which was America’s first sliced bread, according to the company’s website. It plans to sell its assets to the highest bidders.
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#29. To: mininggold (#27)
Nah, dummy, its called post chapter 11 restructuring and you criminals killed the golden goose because Hostess wouldn't allow themselves to be extorted by the communist unions and dummies like you can eat your lunch all by yourself.
war has to do something for entertainment; the voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.
You haven't a clue. The Unions wanted to make more money then Twinkies was bringing in. The people work for what is offered or they don't have a job. It isn't any of the Unions business actually. And twinkies suck. They taste awful. Ding Dons are good though.
Except for the part about the company going bankrupt I'm inclined to agree with you.
If they want more money,maybe they should have taken a few night classes and learned a skilled trade or a white collar job that can be used elsewhere? EXACTLY. I was faced with that exact choice, and made the commitment to go back to school. That was ~22 years ago; boot-strapped my way along, working different jobs, typically 50+ hours a week... I started out with a skill (factory maintenance), but I wanted more... I wanted a LOT more. Unlike my co-workers, I was not satisfied with a dead-end job. The results are manifest; the factory that I was at, when I made that decision, has been shut down. Most of my friends from there have been financially wiped-out, lost their homes, and are in desperate straights. In contrast, I've been steadily employed, earning triple what I had been making (in inflation-adjusted dollars). And I'm entertaining the idea of moving to another state to take a C-suite position with a boutique company. The people that stay at a factory for 30 years, and think they will never have to better themselves, never have to stay competitive in the labor market, are fools. They now reap the reward for their laziness- a pink slip. Completely predictable.
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." That must be why Hostess was asking the unions to take a pay cut and spend more out of posket for health care. It's series of CEOs all took their golden parachutes leaving Hostess with lots of debt. It is the purest form of vulture capitalism model in a nutshell.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
You're not known for your honesty. How much money did who take? How does that percent relate to other American companies in similar businesses.
How much money did who take? How does that percent relate to other American companies in similar businesses. Have your Wall Street friends explain it to you. Corporate raiding is nothing new. Yet the only one who admittedly screws around with poster's postings here.... is YOU.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
One big reason why the company is going bankrupt is because they have thousands of these Bubbas working production lines that they they should be getting paid what a skilled tool and die maker is paid.
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
To be fair to them,many of them are second or even third generation factory workers there,don't have much of an education,and have been told their whole lives by their family members,neighbors,and union officials that they don't have to think or worry about anything because those jobs will always be there and they will always be getting raises. When it's all they have ever heard,was true for their parents,and all they know,can you REALLY blame them for not waking up and looking around?
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
July pay raises given for Hostess management doing such a wonderful job of running a productive company. Brian Driscoll, CEO, around $750,000 to $2,550,000. Gary Wandschneider, EVP, $500,000 to $900,000. John Stewart, EVP, $400,000 to $700,000. David Loeser, EVP, $375,000 to $656,256. Kent Magill, EVP, $375,000 to $656,256. Richard Seban, EVP, $375,000 to $656,256. John Akeson, SVP, $300,000 to $480,000. Steven Birgfeld, SVP, $240,000 to $360,000. Martha Ross, SVP, $240,000 to $360,000. Rob Kissick, SVP, $182,000 to $273,008.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
So what? What percentage is that of their total wages and benefits paid that quarter? You're one of those idiots that thinks everyone should be paid the same amount,aren't you?
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
No, but you are one of those idiots who thinks everyone who disagrees with you does. At least the workers were putting out products although we are probably better off without most of them. And you obviously never created anything of substance in your life.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
At least the workers were putting out products.. And management had nothing to do with producing products? Sounds to me like you are even claiming that the line workers should be paid MORE than the management. although we are probably better off without most of them. There ya,go. Knowing what is best for other people,and too stupid to cross the street alone. And you obviously never created anything of substance in your life. I do admit I don't have the huge mountain of ignorance that you have created. You really are too stupid to be anything BUT a leftist.
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
although we are probably better off without most of them. There ya,go. Knowing what is best for other people,and too stupid to cross the street alone. And you obviously never created anything of substance in your life. I do admit I don't have the huge mountain of ignorance that you have created. You really are too stupid to be anything BUT a leftist Do you really think that most management even has the vaguest idea what their workers do? LOLOLOLOL Now you have just proven to the world you have never held a job, other then one where you are told what to do day and night by your ranking officer.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
Of course not. But unlike you I am not so ignorant of reality that I think management NEEDS to "have a idea" about what it's like to work on a production line. What is obvious is that YOU have no idea what it is that management does. You are so ignorant you probably think they spend all day watching porn and playing video solitare.
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
A combination of brain dead management and recalcitrant unions put them out of business. 18,500 more Americans have now become Obama welfare queens. Many of these middle-aged workers will NEVER leave the government dole under the administration's current anti-business policies. Welcome to the brave new world.
Hmmm. The salaries posted were reasonable, from my knowledge of what similarly titled executives in other industries are making. I see nothing obviously wrong with the numbers; they're market rate. I'm sure, though, that you will disagree. Not having any similarly marketable skills, you dream of such money while asking customers "would you like fries with that?" I'm sure you'll bitch about executive management, while exhibiting gross ignorance of what they do, how hard they've worked to get there, or how hard the job is when you GET there. I see fools like you ALL the time. And the only thing that disgusts me more than your ignorance, is your incredibly stupid belief that you can just *know* about everything merely by saying so. Feh.
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." That's the entire point of installing a communist in office.
war has to do something for entertainment; the voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.
And silly little you continues to show that you have no idea what you are posting about.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
Yep, give the big guys a 30 to 50 % pay raise for running a company into the ground. If you 'think' that's an efficient long term business model no wonder you are still in school.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
What pay raise? You posted salary RANGES, not raises. GOD, you are fucking THICK.
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." Yet the only one who admittedly screws around with poster's postings here.... is YOU. So you were making stuff up again. Thanks for the confirmation.
I wouldn't put those people down. They were working for a living. I respect anyone who works for a living. Our wrath should be saved for the able bodied dead beats that suck the government tit.
Ok, you got me there... Point well taken.
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." You eem to have your selective memory on overdrive again.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
You posted salary RANGES, not raises. GOD, you are fucking THICK. I posted PAY RAISES. the before and after numbers. Do you really think each of the individuals listed has a pay range? You are one dumb economist.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
I heard a lot of the same stuff... Ironically, my parents were proud of me for being a line technician in a factory, and thought it was a great gig. An interesting thing, in that line of work, is that you're never expected to perform the "right" repairs... that is, fix the machinery so that it's at top condition. Instead, you're merely expected to get it "close enough" so that it'll run, even if the quality of output is somewhat diminished. I couldn't accept such a viewpoint; I like doing a job once, doing it well, and moving on. They didn't care about that level of precision, and this divergence of attitude is what ultimately made me decide that I wanted more. A fellow technician told me, "the only way you'll keep from going insane here, is to simply have the attitude of 'collect a paycheck.'" I refused to allow myself to have that attitude, as it's antithetical to me. But that attitude- sadly- is quite the norm, in production facilities.
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." You posted BULLSHIT. The mantra, "the executives gave themselves fat raises, while shitting on the little guy," is a typical Union tactic, to whip the stupid union-serfs into a frenzy. I've dealt with losers like you before, and I recognize your shallow tactics. HERE is the first crack in your claims of "pay raises:" Thanks for playing, loonyming.
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." That's right, there was a series of CEOs who all took golden parachutes. And we aren't just talking about salaries. Dummy
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
And silly little you continues to show that you have no idea what you are posting about. Really? If you know so much,why not regale us with what management does,and why they do enough to earn their salaries?
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
Yup. I knew many people that went through the same thing. Certain factory jobs were even looked at as a dream come true,and the ultimate goal in life. I once knew a guy that worked at a Ford plant that is now closed. I ran into him one Saturday at a 7-11,and asked him if he was going to work. He said he was,because he couldn't turn down the 50 bucks per hour rate he got for working Saturdays. He also said he wouldn't even get out of bed for less than $25 per hour. This was in the late 80's or early 90's,and he was in his early 20's. A uncle had gotten him his job there as a some sort of laborer. I'm betting he's getting out of bed for a lot less than $25 per hour now,even ignoring inflation. HOW could these people POSSIBLY think this Golden Goose was never going to die,and that the cars and trucks they were producing were going to keep selling at the same rate no matter how high the companies had to charge for the product to make a profit after labor and other expenses? WHERE did they think other people were going to get the money from to pay those prices for a new car or truck? Especially when they could buy a cheaper Japanese import that was cheaper to buy,cheaper to operate,and usually made better?
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
Being in management now, I see that it's really a 24x7 job. You can't escape it, you can't mentally divorce yourself from it... Plus always being on-call, and expected to respond to any emergency that pops up, even if it's on a holiday, or during vacation... The expectation is always that you will drop everything and come running back. I sincerely doubt loonyming can grasp the cost associated with such a situation. I'm constantly considering different options, mulling over problems within my company. A lot of sleepless nights, trying to sift through the information I've obtained, to find underlying causes to generate meaningful solutions. I'm not longer physically tired, but the mental fatigue goes far deeper, simply because you're never really "off" the clock.... Truth be told, if I could somehow manage to make the same money as a simple laborer as I do a manager, it's something I'd seriously consider... It would be really nice, to clock out, simply forget about the job for the weekend...
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." Simple. They merely accepted the "collect a paycheck" mentality, and decided that it was a satisfactory arrangement. That is, by merely showing up and going through the motions, that nothing would ever change. There's an old Japanese proverb, "He who prepares is not guaranteed success. But he who fails to prepare, is guaranteed failure." Regards,
The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." That is, by merely showing up and going through the motions, that nothing would ever change. There's an old Japanese proverb, "He who prepares is not guaranteed success. But he who fails to prepare, is guaranteed failure." Yes, a great post. Yeah where do those gravy train paychecks keep coming from? People who stick their neck out and start a business. Taking their own personal wealth (or taking on debt) to form a company to produce something. And then they hire people thus providing their source of income. Then the ingrates demand more and don't care if it makes the company go bankrupt or drives prices higher, thus killing competition. Then they get mad when they are fired because costs are too high.
5 Trust in the Lord with all your heart, And lean not on your own understanding; 6 In all your ways acknowledge Him, And He shall direct[a] your paths.(Proverbs 3:5-6)
Yep. If the owners of the company say "no" because the workers aren't at least matching their cost, the ingrates then "organize" into a union, and attempt to force the issue, under threat of violence or economic destruction. The logic is: "Give us what we want, or we'll all quit, and you'll be out of business." The Hostess managers told the Teamsters, "get back to work, or we'll liquidate." The Teamsters President Frank Hurt gave 'em the finger, and the rest is history. After this, Hurt will still collect his paycheck. The 18,500 families who believed in union power, however, will not be so lucky. Takeaways from this story? 1. Don't bite the hand that feeds you. The total # of registered voters (election 2012) was ~197 million voters. Barack Obama: 60,652,238 = 30.8% The U.S. government no longer has the consent of the people. "Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." So what do you give a Muzzy president that runs a country into the ground?? A second term or a Nobel Peace prize??
“We have four boxes with which to defend our freedom: the soap box, the ballot box, the jury box, and the ammunition box.”
So what do you give a Muzzy president that runs a country into the ground?? A second term or a Nobel Peace prize?? I wouldn't know because I don't know of any here in the US.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
A second term or a Nobel Peace prize?? I wouldn't know because I don't know of any here in the US. So what do you think he is anyway?? Christian? Catholic? Jewish? He's claimed to be all of those at one time or another!! But the funny thing is he's also bending all of those faiths over to further his agenda... The only one he gives warm fuzzys and reach arounds to is the muzzys.... HHmmmmm... Wait.... I know, he a Menonite now!! “We have four boxes with which to defend our freedom: the soap box, the ballot box, the jury box, and the ammunition box.”
whiningold loonymom said: blah blah blah blah blah blah blah . . .
#30. To: mininggold (#27)
Naah.... Hostess pulled a Bain, after a series of CEOs loaded it with debt, took the money and ran, blaming the unions, while leaving idiots like you without a clue.
#31. To: sneakypete (#8)
AND.....,a solid argument could be made that the CEO and other board members worth to the company is considerably more than that of a bubba with a 8th grade education that has been boxing up Ho Ho's for the last 20 years.
#32. To: sneakypete (#8)
I have zero sympathy for people content to spend their entire working lives at dead-end jobs that require nothing more than a few muscles and a pulse,and then while they aren't getting paid enough or somebody is earning more.
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#33. To: A K A Stone (#30)
You haven't a clue. The Unions wanted to make more money then Twinkies was bringing in. The people work for what is offered or they don't have a job. It isn't any of the Unions business actually. And twinkies suck. They taste awful. Ding Dons are good though.
#34. To: mininggold (#33)
It's series of CEOs all took their golden parachutes leaving Hostess with lots of debt.
#35. To: A K A Stone (#34)
(Edited)
You're not known for your honesty.
#36. To: Thunderbird (#31)
Except for the part about the company going bankrupt I'm inclined to agree with you.
#37. To: Capitalist Eric (#32)
The people that stay at a factory for 30 years, and think they will never have to better themselves, never have to stay competitive in the labor market, are fools. They now reap the reward for their laziness- a pink slip.
#38. To: sneakypete (#37)
#39. To: mininggold (#38)
#40. To: sneakypete (#39)
You're one of those idiots that thinks everyone should be paid the same amount,aren't you?
#41. To: mininggold (#40)
(Edited)
#42. To: sneakypete (#41)
And management had nothing to do with producing products?
#43. To: mininggold (#42)
Do you really think that most management even has the vaguest idea what their workers do? LOLOLOLOL
#44. To: Brian S (#0)
"we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plague" -- lucysmom
#45. To: mininggold (#38)
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#46. To: jwpegler (#44)
Many of these middle-aged workers will NEVER leave the government dole under the administration's current anti-business policies.
#47. To: sneakypete (#43)
What is obvious is that YOU have no idea what it is that management does. You are so ignorant you probably think they spend all day watching porn and playing video solitare.
#48. To: Capitalist Eric (#45)
(Edited)
I see fools like you ALL the time. And the only thing that disgusts me more than your ignorance, is your incredibly stupid belief that you can just *know* about everything merely by saying so. Feh.
#49. To: mininggold (#48)
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#50. To: mininggold (#35)
Have your Wall Street friends explain it to you. Corporate raiding is nothing new.
#51. To: Capitalist Eric (#32)
The people that stay at a factory for 30 years, and think they will never have to better themselves, never have to stay competitive in the labor market, are fools. They now reap the reward for their laziness- a pink slip.
#52. To: jwpegler (#44)
#53. To: A K A Stone (#51)
I wouldn't put those people down. They were working for a living. I respect anyone who works for a living. Our wrath should be saved for the able bodied dead beats that suck the government tit.
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#54. To: A K A Stone (#50)
So you were making stuff up again. Thanks for the confirmation.
#55. To: Capitalist Eric (#49)
To: mininggold What pay raise?
#56. To: sneakypete (#37)
When it's all they have ever heard,was true for their parents,and all they know,can you REALLY blame them for not waking up and looking around?
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#57. To: mininggold (#55)
I posted PAY RAISES. the before and after numbers.
CORRECTION: An earlier version of as well as an earlier headline of this post incorrectly stated that Greg Rayburn received a 300 percent raise as CEO of Hostess as the company approached bankruptcy. Rayburn wasn't CEO of Hostess until after the company filed for bankruptcy. The post also incorrectly stated that he was paid a salary of up to $2,550,000 per year. His salary when he joined the company was $100,000 per month, according to a company spokesman.
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#58. To: Capitalist Eric (#57)
CORRECTION: An earlier version of as well as an earlier headline of this post incorrectly stated that Greg Rayburn received a 300 percent raise as CEO of Hostess as the company approached bankruptcy. Rayburn wasn't CEO of Hostess until after the company filed for bankruptcy. The post also incorrectly stated that he was paid a salary of up to $2,550,000 per year. His salary when he joined the company was $100,000 per month, according to a company spokesman.
#59. To: mininggold (#47)
What is obvious is that YOU have no idea what it is that management does. You are so ignorant you probably think they spend all day watching porn and playing video solitare.
#60. To: Capitalist Eric (#56)
Ironically, my parents were proud of me for being a line technician in a factory, and thought it was a great gig.
#61. To: sneakypete (#59)
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#62. To: sneakypete (#60)
HOW could these people POSSIBLY think this Golden Goose was never going to die...
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#63. To: Capitalist Eric (#62)
HOW could these people POSSIBLY think this Golden Goose was never going to die... Simple. They merely accepted the "collect a paycheck" mentality, and decided that it was a satisfactory arrangement.
#64. To: redleghunter (#63)
And then they hire people thus providing their source of income. Then the ingrates demand more and don't care if it makes the company go bankrupt or drives prices higher, thus killing competition.
2. Be grateful for what job you have...
3. If you're not satisfied with your job, or want true financial security, you need to get off your ass, and better yourself.
Mitt Romney: 57,810,407 = 29.4%
NONE OF THE ABOVE: ~77,000,000 = 40%.
-- John Quincy Adams --
#65. To: mininggold, Capitalist Eric (#48)
Yep, give the big guys a 30 to 50 % pay raise for running a company into the ground. If you 'think' that's an efficient long term business model no wonder you are still in school.
#66. To: sneakypete (#60)
Cya Twinkies! Hostess Brand Inc. seeks approval to liquidate
#67. To: CZ82 (#65)
#68. To: mininggold (#67)
So what do you give a Muzzy president that runs a country into the ground??
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