Twinkies, the unpretentious, freakishly versatile and seemingly indestructible snack pastry dubbed “the cream puff of the proletariat,” died Friday of complications from economic reality. Texas-based Hostess Brands announced it would shutter operations amid a debilitating labor dispute. Twinkies were 82.
A eulogy for the humble Hostess Twinkie – The Washington Post
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Unions killed the Twinkie Kid.
President Obama likes twinkies. (Another double entendre?) 😉
Now that the company is bust what actually happens to the healthcare plans and pensions of its 18,500 workers?
Ask the Pension Benefit Guarantee Board, who’s also a bankrupt GSE.
The word of 18.5k losing there jobs doesn’t sound so bad when you consider almost every 7-Eleven, grocery store, gas station and convenience center has carried their products for decades. Add the Hostess truck drivers, sales middlemen and fleet support and we’ve lost 88,000 jobs!