No More Twinkies?

[2sac]

Ther may be hope
http://finance.yahoo.com/news/judge-...203749038.html

[supertek65]

good for that judge!!!!!!!!!!!!!!!!!!!!

probably gonna be some bakers with broken knees begging for their jobs back!!!!!!!!!!!!!! LMAO!!!!!!!!!!!!!!!!!!!!!!

did you see the gold camaro on the same page???????????????

Ther may be hope
http://finance.yahoo.com/news/judge-...203749038.html

[2sac]

Yup

[HVAC-matt]

Figured that story would turn political and union v non-union on this forum LOL. Anyways on the brighter side of things all those unemployed workers will make some money on the selling all the Twinkies on ebay. Check out this link. http://www.ebay.com/itm/New-Hostess-...item2577eaacf8. What do people think, that another companyisnt going to buy the Twinkie name and sell the same exact product.

[John Markl]

Need to start banking at "Folgerscanintheyard". A few cash jobs never hurt...

Only a fool would hang on to cash now....the inflation that is coming will eat it alive....Some of us are old enough to remember the Carter years.....More of the same is coming. You can't print a trillion dollars a year, and expect the American Dollar to maintain value in a world market.

[John Markl]

"They are not in the baking industry; they are just interested in the money," said Harrison.

No Kidding !! Whether he realizes it or not, he just stated the basis for Business 101.

Business doesn't exist to produce goods and services...it exists to MAKE MONEY.....the goods and services are merely the vehicle by which money is made.

The sooner people grasp and accept this, the sooner they will position themselves for success in life....

[John Markl]

Something stinks about the whole thing. Hostess brands are too big to just go away. Someone else will buy the brand and bake them in a different place. One of those articles said one of the top management was getting $125,000 a month in salary. It kind of reminds me of those HVAC owners who won't give you a raise or maintain the company equipment, but don't hesitate to talk about their Las Vegas vacation, Hunting trip, or Brand new RV or other toys they just bought.

The "solution" to your scenario is simple.....Start a business....build it up to the point that you can afford vacations, RVs, and other toys....When you accomplish that, instead of buying those things for your wife and family, give that money to your employees.

Let us know how that works out for you....

[chaard]

No Kidding !! Whether he realizes it or not, he just stated the basis for Business 101.

Business doesn't exist to produce goods and services...it exists to MAKE MONEY.....the goods and services are merely the vehicle by which money is made.

The sooner people grasp and accept this, the sooner they will position themselves for success in life....

Two thumbs up!

[GT Jets]

Only a fool would hang on to cash now....the inflation that is coming will eat it alive....Some of us are old enough to remember the Carter years.....More of the same is coming. You can't print a trillion dollars a year, and expect the American Dollar to maintain value in a world market.

I like how you offer ridicule but bring nothing positive to the table....

What this statement means to a normal person is, don't buy a bunch of crap on credit, use the tens and twenties to do business when you can and try to hide some cash if possible... (tax reasons yo)...


Where would YOU recommend cutting your financial vulnerability? Invest in moonshine?

GT

[GT Jets]

No Kidding !! Whether he realizes it or not, he just stated the basis for Business 101.

Business doesn't exist to produce goods and services...it exists to MAKE MONEY.....the goods and services are merely the vehicle by which money is made.

The sooner people grasp and accept this, the sooner they will position themselves for success in life....

Almost agree with you.. The problem is, if you don't invest in your chosen business and change with the times, you get trampled into dust. Investing in the survival and sustainability of your company is rule number 1.... Had they done that in the first place, they would have never had to cut their employees salaries and would have been able to afford retaining their benefits...

You my friend have missed the point.

GT

[John Markl]

I like how you offer ridicule but bring nothing positive to the table....

And, your idea of "positive" action is tax evasion? Interesting.

[GT Jets]

And, your idea of "positive" action is tax evasion? Interesting.

Trust me on this, having paid over $40,000 in taxes last year, I am not "evading" a damn thing. Just trying to slow the bleeding. Just need to make way less as far as that is concerned.

It would seem just because a person works 3000+ hours a year, they get penalized for there efforts to provide for their families.

And again, there is nothing "positive" in this post either. Just sayin'.

GT

[coolwhip]

You get penalized for your efforts to provide for other peoples families.