Wealth Wire reports the following:
(November 15, 2012) After four days of striking by employees at Hostess, the company has returned with an ultimatum: if enough workers do not resume their positions by 5:00pm EST today, CEO Gregory Rayburn will be forced to liquidate the entire company, leaving the nearly 18,000 employees jobless.
The strike began on Nov. 9, after the company won the right to impose an 8% pay cut on employees in bankruptcy court. Now, the company says, if the strike doesn’t end by the end of the day, they will seek permission from U.S. Bankruptcy Judge Robert Drain to shut down all operations and sell assets.
In other words, even Twinkies can’t survive this economy!
Twinkies, born during the ‘Great’ Depression! Seriously?
What will the OWS street people live on now? Doritos?
If you’re a prepper, you might want to stock up on chemically-produced, long shelf life treats now. Bob H. (of Ezell’s) kept a Twinkie in his desk for eleven years, with the end wrap open to the elements. No mold = no food value + preservatives.
He eventually disposed of it; didn’t eat it, though.
h/t Allison Crawford
I was just thinking about picking up some with the groceries. Don’t eat them often but heck they’ll keep in the food locker forever.
Posted by ProudHillbilly | November 15, 2012, 10:50 amHaven’t had one in years – suddenly, I want one!
Posted by guffaw1952 | November 15, 2012, 2:24 pmDriving past the Hostess factory in St. Louis used to be one of the few pleasures of the commute: the smell of baking bread was heavenly.
Posted by Rev. Paul | November 15, 2012, 11:49 amUsed to be a couple commercial bakeries here. I remember…
Posted by guffaw1952 | November 15, 2012, 2:25 pmDang, now I’ve gotta find another post for tomorrow…
And don’t forget the Ding Dongs!!!
Posted by Old NFO | November 15, 2012, 2:47 pm…and Ho Hos! And Sno-Balls!
Posted by guffaw1952 | November 15, 2012, 2:56 pmWhere there’s a will, there’s a way…
http://www.youtube.com/watch?v=-yeyy4mQoes
Q
Posted by Quizikle | November 15, 2012, 5:42 pmThanks, Q!
Posted by guffaw1952 | November 15, 2012, 9:58 pmIn other words, even Twinkies can’t survive this economy!
Sadly I don’t think the Republic…what little is left of it, will either.
Posted by KM | November 15, 2012, 11:48 pmYou know its the end of line when Hostess can’t cater to cops anymore. Very sad indeed.
Posted by Kosmoscanyon | November 18, 2012, 2:00 pm