Tuesday, December 11, 2012

These Guys are Ding Dongs!

Recently, Hostess brands declared bankruptcy and quickly pointed their finger at the unions.   The extremist on the right,  which includes the hate talk radio, fox news and the numbskulls who blog were giddy with excitement that thousands of unions members(IE Americans....) would be losing their jobs! 

Here from 2 of our very own WI blogs:

1.  Kevin Binversie wrote this(emphasis mine): 

pos­si­ble suit­ors for the brands of Host­ess are already cir­cling ready­ing their builds after the company’s 3,000 union bak­ers sank the other 15,000 employ­ees last week.

2.  Owen from the Boots & Saber blog(which is just a generic parody of the Boots & Kittens blog), had this to say?

Nice work, bakers union. You just cost 18,000 people their jobs.

The problem with both of their blogs(besides being boring) are just flat out untrue.   Far be it for anyone on the right to do any actual research on a topic,so let me give them a freebie.

The actual reason that Hostess went bankrupt was ...(Drum roll please) Mismanagement!!

 According to a report by the Wall Street Journal , Hostess’ CEO, Gregory Rayburn, essentially admitted that his company stole employee pension money and put it toward CEO and senior executive pay (aka “operations”). While this isn't technically illegal, it's another sleazy theft by Hostess executives - who've paid themselves handsomely while running their company into the ground. Just last month, a judge agreed to let Hostess executives suck another $1.8 million out of the bankrupt company to pay bonuses to CEOs. 

That damm union, allowing the executives to steal money from the company like that!    I wonder if it was the collective bargaining agreement that let the executives keep cashing out!   If only the unions had agreed to even MORE concession, then maybe the executives could have had a real Merry Christmas! 

So boys & girls, the moral of the story is:

Never believe a word you read on the right wing blogosphere!  

PSS: Do not hold your breath waiting for a retraction or correction.   


10 comments:

  1. That's the goal of Walker and his greedy cronies too. He wants to steal the public workers pension. That's all republicans know. Stealing, lying and bigotry.

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  2. Bankruptcy means that a company has more liabilities than assets. The union didn't create that imbalance. I suppose there was a possibility that union concessions could have allowed Hostess to make money but the inevitability of a negative net worth means that you are bankrupt whether you admit it or not. Bad mgmt always yields bad results.

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  3. The workers did make concessions and every time they did, the management stole more money. Legalized theft has become the essence of American capitalism. At some point, heads will need to roll.

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  4. Boots and Sabers is such a joke of a blog.

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  5. Binversie will say whatever he's paid tosay.
    Lacks any moral fiber
    Must run in the family, his cousin is former faux dem rep b ziegelbauer
    Who only ran as a dem cause he knew as a goper he'd be toast.

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  6. As usual, no substance all fucked up childish misconception of reality here.

    Coexist? Like what I saw the fucktards doing in Michigan? Piss off.

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  7. did you just write a review of your own post? because if there is a deeper meaning im not getting it....

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  8. I had trouble deciphering that post to begin with.

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