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This country NEEDS to preserve the vanishing jobs of the Conservative American CEO. We need more bailouts to continue their 50% annual raises and multi-million dollar bonuses. They are the JOBCREATORS! WE MUSTSPENDMIDDLECLASSTAXMONEY TO SUPPORTTHOSEUNDERPRIVILEGEDCORPORATEVULTURES!!!
This country needs more Govn. spending to promote liberalism. Buying votes is the new norm. Buying jobs is now growing the economy. Taxation is now the way to prosperity. The un-American left at its best.
Not fiction, Radish. Today’s political reality, and not just the President. Look at the pork brought home by Congress. The Bridge to Nowhere. Jet engines the military didn’t want, etc.
It is sad to lose the jobs. It’s sadder that management didn’t see this coming and wasn’t willing to adapt. Perhaps saddest that so many CEOs opposed true health-care reform that would have taken the responsibility for the health of all Americans, letting businesses concentrate on creating products and competing in a free market with the rest of the world.
Nice. but you forgot that they did go into Chapter 11 and a judge did give them a blue print to help survive. Obama stepped into it at GM BEFORE Chapter 11 in order to save the Unions. You need to add one more point. Make sure you illegally pay off the unsecured dept and not the secured debtors. That always brings confidence to investors… not.
Hostess isn’t a death, it’s a suicide! . It’s what happens. Venture cap comes in, buys the company with borrowed money, gives itself a huge bonus and then demands that the company pay off the debt. “If” it can’t then, “Oh well, we’ll have to declare bankruptsy” and the bond holders will get their money back from the asset sales. . The owners of Hostess don’t want to be in the bakery business! They want to be OUT of business ASAP! That’s why the company is declaring bankruptsy liquidation. . What we need is an “America’s best interests, first” amendment added to the Constitution. Your business can only act in the best interests of the nation if you want to have access to the US market. So if your companies objective is to mug a corporation and drain it of it’s value while offering nothing to the nation, Bang! You are shut out of the US markets! You can not do business with companies that do business in the US Markets. . The US market (us) is the golden opportunity of each and every corporation on the planet. Every company dreams of being big enough to compete in the US Markets. That is what this government has to bargain with! . When I was a corporate drone, my upper management types charged each and every company that wanted to have contact with me. If you wanted your product on our shelves, you had to pay rent for that space! . The US Government should do the exact same thing! . Before the righties get their whities tight, let me make sure that I say that this is absolutely NOT socialist or government control of the markets or central planning. This is “Follow the rules and you can stay, break the rules and you are GONE!” “Pay to play!” There’s no free lunch! Except that the government forgets to charge for it! And No! Creating taxpayers isn’t “enough.”
I wonder how much of Hostess’ problem was a lack of effort in modernizing their product offerings. While Coca-Cola still offers Classic Coke, they also offer dozens of alternatives. Preferences change with time and demographics. Companies must adapt or…… I know, let’s blame it on the unions.
Tim Collins, a Democrat, pumped in $130 million in order to obtain equity control of Hostess as it was emerging from its last bankruptcy. And Dick Gephardt, another prominent Democrat, whose consulting group just happens to also be an equity owner of Hostess.
Called "the Thomas Nast of his time" by The National Review magazine, Payne is an informed journalist whose investigative writing has also made national headlines.
Pat Oliphant by Pat Oliphant
Joel Pett by Joel Pett
Comments (23) (Please sign in to comment)
ConserveGov said, 6 months ago
Well done Sir.
Radish
said, 6 months ago
Great fiction.
NebulousRikulau
said, 6 months ago
This country NEEDS to preserve the vanishing jobs of the Conservative American CEO. We need more bailouts to continue their 50% annual raises and multi-million dollar bonuses. They are the JOB CREATORS! WE MUST SPEND MIDDLE CLASS TAX MONEY TO SUPPORT THOSE UNDERPRIVILEGED CORPORATE VULTURES!!!
MortyForTyrant said, 6 months ago
Don’t talk about 2016. Talk about 2014. Much closer. More drama. More punditry. Constant campaign, © Karl Rove. Thank you Karl…
narrowminded said, 6 months ago
@NebulousRikulau
This country needs more Govn. spending to promote liberalism. Buying votes is the new norm. Buying jobs is now growing the economy. Taxation is now the way to prosperity.
The un-American left at its best.
mikefive said, 6 months ago
@Radish
Not fiction, Radish. Today’s political reality, and not just the President. Look at the pork brought home by Congress. The Bridge to Nowhere. Jet engines the military didn’t want, etc.
ARodney said, 6 months ago
It is sad to lose the jobs. It’s sadder that management didn’t see this coming and wasn’t willing to adapt. Perhaps saddest that so many CEOs opposed true health-care reform that would have taken the responsibility for the health of all Americans, letting businesses concentrate on creating products and competing in a free market with the rest of the world.
Chillbilly
said, 6 months ago
@Mr. King
^ Ditto.
coffee_mom11 said, 6 months ago
@ConserveGov
Exactly — just a more modern version of vote buying that the Dems are famous for.
Radish
said, 6 months ago
@HOWGOZIT
So show me the proof that any of this has happened.
Harleyquinn
said, 6 months ago
Nice. but you forgot that they did go into Chapter 11 and a judge did give them a blue print to help survive. Obama stepped into it at GM BEFORE Chapter 11 in order to save the Unions.
You need to add one more point. Make sure you illegally pay off the unsecured dept and not the secured debtors. That always brings confidence to investors… not.
Dredpiraterobt$ said, 6 months ago
Hostess isn’t a death, it’s a suicide!
.
It’s what happens. Venture cap comes in, buys the company with borrowed money, gives itself a huge bonus and then demands that the company pay off the debt. “If” it can’t then, “Oh well, we’ll have to declare bankruptsy” and the bond holders will get their money back from the asset sales.
.
The owners of Hostess don’t want to be in the bakery business! They want to be OUT of business ASAP! That’s why the company is declaring bankruptsy liquidation.
.
What we need is an “America’s best interests, first” amendment added to the Constitution. Your business can only act in the best interests of the nation if you want to have access to the US market. So if your companies objective is to mug a corporation and drain it of it’s value while offering nothing to the nation, Bang! You are shut out of the US markets! You can not do business with companies that do business in the US Markets.
.
The US market (us) is the golden opportunity of each and every corporation on the planet. Every company dreams of being big enough to compete in the US Markets. That is what this government has to bargain with!
.
When I was a corporate drone, my upper management types charged each and every company that wanted to have contact with me. If you wanted your product on our shelves, you had to pay rent for that space!
.
The US Government should do the exact same thing!
.
Before the righties get their whities tight, let me make sure that I say that this is absolutely NOT socialist or government control of the markets or central planning. This is “Follow the rules and you can stay, break the rules and you are GONE!” “Pay to play!” There’s no free lunch! Except that the government forgets to charge for it! And No! Creating taxpayers isn’t “enough.”
M Ster said, 6 months ago
I wonder how much of Hostess’ problem was a lack of effort in modernizing their product offerings. While Coca-Cola still offers Classic Coke, they also offer dozens of alternatives. Preferences change with time and demographics. Companies must adapt or…… I know, let’s blame it on the unions.
ansonia
said, 6 months ago
@TimeWeaver
Tim Collins, a Democrat, pumped in $130 million in order to obtain equity control of Hostess as it was emerging from its last bankruptcy. And Dick Gephardt, another prominent Democrat, whose consulting group just happens to also be an equity owner of Hostess.
SkepticCal said, 6 months ago
If Hostess is not saved by Barack Obama, it proves that Michelle makes the decisions in that house.