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[quote=HappyTexan;26975232]Announcing that you are going to end funding pensions is not the same as accusing them of diverting pension funds.
I know of several multinational IT companies that have stopped funding pensions for those workers that still qualify for certain pension programs. The pile of money they have now is the pile of money they have to deal with.[/QUOT
An employee said they were taking their paid in contributions You refuted that and i gave you a link with copy that you are twisting. Show me some facts and quit twisting the truth.
I see some folks on here are saying there is no demand for Twinkies but the company sold 500 million of them last year. So sounds like there is demand.
Quote:
Hostess had annual sales of about $2.5 billion. The company said it had been making 500 million Twinkies and 127 million loaves of Wonder Bread annually before Friday's shutdown.
Its bread brands, including Wonder Bread, Nature's Pride and Butternut, make the company the No. 2 bread baker in the country, according to Symphony/IRI Group. Bimbo Bakeries, maker of the Arnold and Stroehmann brands, is the No. 1 bread baker
So decades of mismanagement had nothing to do with their demise? Are you purposely trying to devoid them of their personal responsibility in all this. Two bankruptcies yet upper management continued to get fat checks. Hmmmmm
Chielgirl is actually correct. Companies succeed and fail every day. Where in the constitution does it guarantee a company be successful? The conservative cry about the "American" way, but then whine when the American way doesn't go the way they intended. Businesses FAIL. Sometimes capitalism just shakes out like that. It's not the fault of the president.
So decades of mismanagement had nothing to do with their demise? Are you purposely trying to devoid them of their personal responsibility in all this. Two bankruptcies yet upper management continued to get fat checks. Hmmmmm
Chielgirl is actually correct. Companies succeed and fail every day. Where in the constitution does it guarantee a company be successful? The conservative cry about the "American" way, but then whine when the American way doesn't go the way they intended. Businesses FAIL. Sometimes capitalism just shakes out like that. It's not the fault of the president.
Can you identify the "mismanagement" you speak of? Just saying it doesn't mean it actually happened. Since you seem to have a handle on Hostess' business history, surely you can get us all up to speed on management decisions over the years.
I see some folks on here are saying there is no demand for Twinkies but the company sold 500 million of them last year. So sounds like there is demand.
No one is saying there is no demand.
But how many more would they be selling if parents weren't hesitant to feed their kids junk food? They're nothing buy empty calories and most parents aren't going to choose a Twinkie over something more healthy.
I see some folks on here are saying there is no demand for Twinkies but the company sold 500 million of them last year. So sounds like there is demand.
Time to come up with a new false narrative Lefties.
I have a groundbreaking narrative: Their business model was unsuccessful, so they went out of business.
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