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