Mike Huckabee News
Nov 19 2012
Hostess warned the bakers’ union that the bankrupt company couldn’t survive a strike, and if the bakers didn’t return to work by 5 pm Thursday, Hostess would be liquidated. Union bosses should’ve listened. Friday, Hostess Brands, maker of iconic American foods like Twinkies, Cup Cakes, Ding-Dongs, Snowballs and Wonder Bread, announced that it is closing its plants and laying off all its workers. Some people are already offering boxes of Twinkies for sale on eBay for hundreds of dollars. Don’t worry: some other company will surely buy those brands and get them back on grocery shelves. But it will likely be a non-union company. The bakers’ union defied management, but at a cost of 18,500 union jobs. Bet that doesn’t taste so sweet to the workers who were led from the bakery to the slaughterhouse.
It’s hard to put a positive spin on your own stubbornness costing over 18,000 jobs, but the union bosses are giving it a good try. Labor leaders in Maine say the Hostess workers’ refusal to compromise provides inspiration for the fight to preserve union power and is a warning sign for investors who’d seek to squeeze more profits out of the workers. Well, okay, except in this case, they just demonstrated their power to destroy their own employer, which would seem to warn investors not to invest in union shops.
Meanwhile, AFL-CIO leader Richard Trumka apparently couldn’t think of a way to blame the demise of the Twinkie on George W. Bush, so he blamed it Mitt Romney instead. At least, indirectly. He called Hostess’s demise an example of “Bain-style Wall Street vultures making themselves rich” as the workers pay the price. But it’s hard to imagine management popping champagne corks in celebration of being driven out of business. Maybe the investors will get some of their money back when Hostess is liquidated. But I have a feeling they would’ve made a lot more money in the long run if they could have just kept selling Twinkies.
This commentary is from yesterday's Huckabee Report. What do you think about this? Leave me a comment below. I read them.