What would the Doc have done without Twinkies?

16 Nov

By Bob Croce, EOP Publisher

I couldn’t help but think of something this morning, as I heard the news of yet another casualty of B. Obama’s “brilliant” economic policies.

What would Doc Peretzian have thought? And, maybe more importantly, what would he have done for his annual field trip had Hostess Brands gone belly up back in the late 1970s?

You see, the Doc was not only a larger than life (many would say inspirational) character, he took his Peabody High chemistry class students on the coolest of all field trips. It was a change of pace to break up the monotony of learning the periodic table, I guess, but we all looked forward to getting on the bus and visiting the Continental Baking Company. Hard by the old Natick Mall, Continental made delicious Hostess Twinkies, cupcakes, and Wonder Bread.

The highlight of our tour was a free Twinkie to be consumed on the bus ride home.

Now comes the news that the 82-year-old Hostess Brands, Inc. is shuttering all of its plants and going out of business. More than 18,000 workers are going to lose their jobs.

Why? Well, it has to do not only with the economic malaise we still find ourselves in, but also some selfish greediness by the goons who run the unions that represent these now poor, displaced workers.

That’s right, because of economic difficulty, the company was asking for some concessions from the union, so they could stay in business and preserve these jobs. But, as has been the case a lot lately in BO’s Amerika, the union bosses would have none of it.

They would actually rather have more than 18,000 people lose their steady jobs, then give a little and compromise in what would have been a win-win for everyone involved.

I feel very badly for these workers today, and while I continue to feel that unions can be a very good thing when it comes to protecting the rights of workers, it’s become clear that the high-ranking leadership of these collective bargaining units are no better than mobbed-up thugs.

These union leaders, after all, with their $3,000 suits, could walk back to their luxury cars once these negotiations broke down, and return to their elite lifestyles. But what’s the Twinkie baker to do now?

And what would have poor Doc Peretzian have done for his field trip, had union greed been this bad 30 years ago.

To read more, and judge for yourself, here’s the full story from the Wall Street Journal.

8 Responses to “What would the Doc have done without Twinkies?”

  1. Ralphie November 16, 2012 at 5:22 pm #

    I remember Doc. Great guy once you got to know him, but his class was hard so you did not like him very much at first.

  2. Fat Albert November 16, 2012 at 5:29 pm #

    Just went to Hannaford to try and buy Twinkies. They are all out already. Now what am I going to do?

  3. Brett Weir November 16, 2012 at 6:56 pm #

    I always liked Twinkies but I could never stomach Ho Ho’s.

    • racroce November 16, 2012 at 7:41 pm #

      I’m sad to see Yodels go!

  4. The Outfront Guy* November 16, 2012 at 10:15 pm #

    OG feels that many union heads need dope slaps and reality checks…read on dear readers > Hostess was looking for wage concessions of only eight percent. Even after the cuts, Hostess still would have been paying their workers handsomely, 24 percent more than the industry norm. Mind you, this one-year cut would have been followed by guaranteed wage increases of three percent in each of the three years that followed, capped off by one percent in the fourth year. So, the pain would have been only temporary and cancelled out in just three years.

    But, union leaders gambled and it didn’t pay off. Rather than keeping over 18,000 people gainfully employed in a bad economy, where the U6 employment rate is approaching 15 percent, they opted to put every one of them out on the streets, where their $680/week becomes $0/week until unemployment benefits kick in at $400/week, putting a drain on taxpayers who are already paying for unprecedented numbers of unemployed for unprecedented lengths of time. Once those benefits fade away, it’s very likely those workers will remain unemployed, as very few communities support a manufacturing base that can overcome the closure of bakeries as large as Hostess’. So, the union basically sent their workers to the bread lines — an ironic metaphor for food producers.

    Thanks for all your union dues guys—I guess they really didn’t have your back now after all did they? say hello to economic reality in 2012…..and that’s how OG sees it.

  5. The Outback Gal* November 18, 2012 at 8:32 pm #

    Hostess’s failure was compounded by having six CEO’s in 8 years who had no experience in the bread or cake baking industry, and despite their financial woes, the company’s CEO got a 300% salary increase from $750,000 to $2,250,000, and other top executives received raises worth hundreds-of-thousands of dollars; all while the company was struggling. Instead of acknowledging the lack of competent leadership and exorbitant executive salaries as contributing to the company’s decision to close its doors,Hostess workers previously made numerous concessions to keep the company afloat, but they were not enough for the company’s management so they stopped making contractually-obligated contributions to employee’s pensions to save money. The employees stayed on the job until management offered a new contract cutting wages and benefits an extra 27 – 32 percent that prompted employees to strike and thus become scapegoats for Hostess’s demise. What Hostess failed to tell the public is that plans were in the works to close plants months before offering to slash workers’ wages. According to the company’s bankruptcy court filing earlier this year, they planned to close at least nine bakeries as part of its reorganization plan in addition to the three bakeries that were to be closed as a result of the company’s planned sale of its Merita division.

    • Annonymous December 29, 2012 at 5:03 pm #

      Thank you for telling another side to this story. Wish all of the others responding recognized this other side.

  6. the Outfront Guy* November 19, 2012 at 10:25 pm #

    Outback Gal* ?? wow…things are getting interesting here in Dark City….

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