Hostess was founded in 1930, and has been since September in the midst of a crippling strike after they tried to get workers to accept a contract that slashed wages and benefits. Never mind the fact management increased their own wages and benefits by 75-80% in July 2011.
The Irving, TX based corporation has been in Chapter 11 bankruptcy since January and threatened to take the company into liquidation if the striking workers didn't return to work by yesterday's midnight deadline. When that deadline passed without a deal, Hostess moved to liquidate the company and the 18,500 jobs that come with making those iconic treats.
As to what will happen with those iconic brands, stay tuned.
Moving on from business Mitt Rommey style to our Friday Shut Up Fool Awards business. Let's get right to this week's award winners..
Honorable mention number one is a group award. It goes to all the nekulturny fools who signed those petitions to 'secdee' from the United States in the wake of their continuing vanillacentric sour graping over the POTUS convincingly winning a second term.
Honorable mention number two goes to Mitt Romney for once again disrespecting non-white voters, young voters and women by pimping the conservaline that the only reason he lost was because the Obama campaign gave out 'gifts'.
Naw dufus, you lost because your arrogant azz changed your positions faster than you changed your undergarments and you lied repeatedly during the campaign. Now you and Ann can unpack because 1600 Pennsylvania Ave is occupied until January 2017.
Honorable mntion number three is Callista Gingrich. She had the nerve to open her mouth and comment in the unfolding David Petraues sex scandal that 'affairs are painful and sad for the family.'
She should know because she was the other woman cheating with Newt Gingrich on his second wife Marianne, who took him from his first wife when she was battling illness.
have been hatin' on President Obama since the 2008 election cycle, and the once high regard the African-American community (and the TransGriot) had for both men has now sunk to the same disgust I have for Supreme Court (in)justice
Cornel earned this week's award for his interview with Democracy Now host Amy Goodwin in which he not only slammed the POTUS by calling him a "Rockefeller Republican in blackface", he lashed out at MSNBC pundits Michael Eric Dyson, Melissa Harris-Perry and Rev. Al Sharpton by saying they were 'all for sale'.
Dude, you along with your boy Tavis were the front knee-grows trying to organize a left-wing third party challenge to the POTUS. So don't expect any tickets to this inauguration either much less any invites to the White House during this second term.
And oh by the way, Dr Cornel West, shut the HELL up, fool