Will anyone miss Twinkies?

[JimJimmers]

All the twinkie talk inspired me to walk down to the store to get a twinkie or a zebra cake, but they were all out.

Anyone who buys a twinkie for a grand is going to feel real bad if/when they pop up again under another food corp, but its funny how quickly a secondary market for twinkies has sprung up. It's like the Dutch tulip craze of the 1600s.

The fact that you know about the Dutch Tulip craze of the 1600's is very attractive.

 

[Hellooo]

The fact that you know about the Dutch Tulip craze of the 1600's is very attractive.

Haha, thanks.

I am just a complete and utter geek for all things involving financial/commodity markets and trading.

One of the most enlightening ways to figure out what makes someone tick and what drives their behavior is to look at what they spend their money on, and how much risk they're willing to take.

 

[Wolf]

I'm going to miss Twinkies... *sniff*

 

[violakat]

I'm going to miss Twinkies... *sniff*

Wolf, Helloo maybe right. When Mrs. Baird's went out of business, another bread company bought them out.

 

[AgeofKnowledge]

Unions and the lack of sugar tarriffs killed Hostess. The modern liberals used tax dollars to save Big Bird but stood by while unions and free trade killed the Twinkie. 18,000 people lost their jobs, but Big Bird is safe. Good job Democrats. But then modern liberals can use Big Bird to shape young minds with their political correct nonsense while less people working means more people beholden to government handouts that must vote Democrat to keep the handouts coming. It's a perfect circle. The problem is that it's a vicious circle and if you keep drawing that circle it eventually crashes in an uber tragic manner for about 150 million Americans.

 

[celestemekent]

I guess Ageofknowledge resorts to liberal conspiracy theories for everything that he does not like. Never mind the free market which over the last 10 years has demanded fewer and fewer Twinkies and other sweet cakes. Buggy whips anyone. We could complain that the liberal car makers whipped out those wonderful buggy whip makers. Now we have guarana and caffeine drinks and Twinkies have or will go the way of the Doodoo bird.

FWIW Hostess tripled their CEO pay and more than doubled the pay of their other executives. They could have instead paid their actual workers more and kept their wealthy executives at their previously very high level. Now those "poor" executives will just have to find some other company.

 

[RickyZ]

Some interesting stats on Hostess pay:

Hostess pay raises approved in late July 2012:

Brian Driscoll, CEO, around $750,000 to $2,550,000.

Gary Wandschneider; EVP, $500,000 to $900,000.​

John Stewart, EVP, $400,000 to $700,000.

David Loeseq EVP, $375,000 to $656,256.​

Kent Magill, EVP, $375,000 to $656,256.​

Richard Seban, EVP, $375,000 to $656,256.​

John Akeson, SVP, $300,000 to $480,000.​

Steven Birgfeld, SVP, $240,000 to $360,000.​

Martha Ross, SVP, $240,000 to $360,000.

Rob Kissiclq SVP, $182,000 to $273,008.​

The average yearly cost per employee with benefits is $50,000.​

Hostess was looking for an 8% pay cut, and to cease all contributions to pensions and health care for the employees.​

That works out to an almost 30% pay cut for the average employee, and a 50 to 340% increase for management.

 

[AgeofKnowledge]

True Ricky. It was management greed, union greed, and free trade that killed Hostess. A deadly combination.

 

[lookwhatthelordhasdone]

I never cared for Twinkies all that much.

 

[RickyZ]

Yeah but who's next?

 

[_Ryan_]

Although I like Twinkies, I will miss the bag of small donuts more I think, I eat more of those then I do Twinkies.

I agree that this is not the end of the Twinkies though, they are too popular, and some company will buy the patent and keep on making them.

 

[ryancasper15]

i already miss them in ohio is hard get

 

[Nautilus]

Unions and the lack of sugar tarriffs killed Hostess. The modern liberals used tax dollars to save Big Bird but stood by while unions and free trade killed the Twinkie. 18,000 people lost their jobs, but Big Bird is safe. Good job Democrats. But then modern liberals can use Big Bird to shape young minds with their political correct nonsense while less people working means more people beholden to government handouts that must vote Democrat to keep the handouts coming. It's a perfect circle. The problem is that it's a vicious circle and if you keep drawing that circle it eventually crashes in an uber tragic manner for about 150 million Americans.

Hmmmm save an educational show for children or crappy junk food that only contributes to americas obesity problem? Sounds like democrats made the right choice.

 

[Blain]

I have always said there are only two things that survive an apocalypes- cockroaches and twinkie factories. But now there will just be cockroaches!

 

[AgeofKnowledge]

You malformed what I wrote to fit a strawman you constructed. So I'll elaborate. Obviously 18,000 people losing their jobs in the worst domestic labor market since the Great Depression is serious. But I was alluding that the problem is even worse... that there are underlying economic and political problems in our nation that transcend Hostess Brands, Inc. going completely out of business.

Let me give you one of them as an example. One of those is massive government spending on non-essentials. We are running more than a $1 trillion dollar deficit each year now. When you convert all comparisons to real dollars (adjusted for inflation), no nation in history has matched a deficit like we are incurring. Not in antiquity, not in the age of discovery, the industrial era, the modern era, etc... has any nation ever incurred so much debt so fast (in real dollars).

49% of Americans get money from the government now. There are 23 million government workers. Corporate welfare is through the roof. Here's a good article outlining the problem with support: The Number One Reason Americans Vote For The Democratic Party ~ Help Fix America First

If we keep the pedal to the metal, the car is going to crash. That's the bottom line. There really is a fiscal cliff looming and if we soar off it at 100 mph, we're going directly into a Great Depression.

And that's only one of several major economic/political problems that have to be solved if we are going to reverse the direction we are heading in.

So excuse me if I offended you in suggesting that we stop taking tax money away from Americans to spend on big bird and a million and one other non-essential government giveaways and concentrate on fixing the very serious problems that are causing companies of all sizes that don't offshore their jobs overseas (like Hostess) to go out of business.

And for the record, yes I know what those problems are and yes I know how to fix them.

Hmmmm save an educational show for children or crappy junk food that only contributes to americas obesity problem? Sounds like democrats made the right choice.

 

[AgeofKnowledge]

Oh, and Hostess Brands, Inc. owned the following brands:

Baker's Inn
Beefsteak
Blue Ribbon
Bread du Jour
Butternut Breads
Colombo, sourdough bread bakery, based in Oakland, California[31]
Cotton's
Di Carlo
Dolly Madison
Drake's
Dutch Hearth
Eddy's
Good Hearth
Holsom
Home Pride
Hostess
J.J. Nissen
Merita
Millbrook
Mrs. Cubbison's Foods
Nature's Pride
Parisian
Standish Farms
Sweetheart Bakery
Twinkie
Toscana, sourdough bread bakery, with Colombo and Parisian Bakery, part of the San Francisco French Bread Company, acquired by Hostess in 1984
Wonder Bread

As you can see, they were into a lot more than "crappy junk food" as you put it.

 

[loveme1]

I don't believe i have ever tried a twinkie..

so i guess not.

Let us consider all those that will lose their jobs though.

May they be comforted and guided through this time

Peace and Blessings in the name of Yahvah God and Yahshua the Messiah.

 

[dliz]

Seems that the manufacturer of Twinkies is going bankrupt, frankly I just don't eat them at all In fact I don't know anyone who actually eats that particular snack. Maybe our society can be free from them soon?

It has been said that only Twinkies and roaches will survive a nuclear war.

Anyone want to shed a tear in their passing?

Okay, im really curious. Does twinkies taste really good? People are talking about it nonstop. hehe.

 

[loveme1]

People miss things the most when they are took away.

All this publicity may kick start the twinkie factory...

 

[celestemekent]

AGEOFKNOWLEDGE, I paid into the social security system for 40+ years and you are writing as if my getting that money back is a bad thing It is not an "entitlement" but a contract with me and the American public. It does not make me lazy, or dumb to be part of that 47%.