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(Bloomberg)   Because if any company can save Hostess cupcakes, Suzy Qs and Chocodiles, it's Pabst Blue Ribbon   (bloomberg.com) divider line 129
    More: Followup, Hostess Brands, Pabst Blue Ribbon  
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12279 clicks; posted to Main » on 16 Nov 2012 at 9:33 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-17 03:09:44 AM

ExperianScaresCthulhu: Hand Banana: Whoever gets it I hope they go back to the older recipes before they replaced all the ingredients with cheap crap and chemical preservatives. Maybe it is rose tinted glasses but I seem to remember them tasting much better once upon a time. They were probably awesome in the 30s.

You're not imagining. :(


They were also bigger.
 
2012-11-17 03:11:42 AM

Coelacanth: Twinkies with beer creme liquor mixed into the creme filling?


FTFY
 
2012-11-17 03:17:56 AM
If the company can't afford to live up to its obligations to its workers, then it has a flawed business plan and either go through bankruptcy or liquidate. Bankruptcy should not be used to shed obligations to the people who make the business run.

I believe that a company that hires employees assumes a social obligation to maintain wage parity and ensure that their employees can maintain themselves and their families at the level to which they are accustomed. Otherwise, that business is worthless in my book. Close it down or restructure, but most importantly make sure that the executive levels are gutted and new blood brought in to run the company. The people whose families should suffer are those who made the critical mistakes, which is almost always at the executive level. If that's not possible, liquidate it. Chop it up and sell the pieces to companies that are well-run and able to meet their obligations to all concerned.
 
2012-11-17 03:18:55 AM
Right now on eBay 3 10ct. boxes of Twinkies...current bid...$152 with 29 bids. WTF is wrong with people?
 
2012-11-17 03:23:09 AM

Igor Jakovsky: Right now on eBay 3 10ct. boxes of Twinkies...current bid...$152 with 29 bids. WTF is wrong with people?


I dunno, but I should get in on this. The stores around here are still fully stocked.
 
2012-11-17 03:25:01 AM

ExperianScaresCthulhu: You're not imagining. :(


Seconded. I've cut out of my diet just about every snack and treat I liked as a kid because the recipes/formulas have all changed and they're just...wrong. Texture is damp rather than moist or squishy instead of crumbly, they often taste of cloying sweetness instead of the flavor advertised (and some chocolate flavors taste strangely like molasses instead), less filling if there is one, sizes have been reduced, and a few other things that I'm too tired to think of right now. I'm not a health fanatic by far, but I do try to eat well (because I'd rather skip a meal/snack rather than run an extra half hour :D), and if I'm going to snack I'd rather it not be bad for me. But I grew up in the 80s, so I'm not sure how much some snacks had by that time already changed drastically from their original formulation. :-\
 
2012-11-17 03:33:35 AM

NobleHam: Igor Jakovsky: Right now on eBay 3 10ct. boxes of Twinkies...current bid...$152 with 29 bids. WTF is wrong with people?

I dunno, but I should get in on this. The stores around here are still fully stocked.


I honestly thought the same thing. Buy some boxes and make a little extra cash for the holidays. If they don't sell, fark it, I got some twinkies. Individual boxes are going for $30+ dollars. Don't get the chocolate filled ones though. It seems like no one wants those.
 
2012-11-17 03:38:02 AM

L33t Squirrel: ExperianScaresCthulhu: You're not imagining. :(

Seconded. I've cut out of my diet just about every snack and treat I liked as a kid because the recipes/formulas have all changed and they're just...wrong. Texture is damp rather than moist or squishy instead of crumbly, they often taste of cloying sweetness instead of the flavor advertised (and some chocolate flavors taste strangely like molasses instead), less filling if there is one, sizes have been reduced, and a few other things that I'm too tired to think of right now. I'm not a health fanatic by far, but I do try to eat well (because I'd rather skip a meal/snack rather than run an extra half hour :D), and if I'm going to snack I'd rather it not be bad for me. But I grew up in the 80s, so I'm not sure how much some snacks had by that time already changed drastically from their original formulation. :-\


You're 100% right. A lot of it has to do with the introduction of corn syrup. I don't know one food product that has ever been improved by corn syrup.
 
2012-11-17 03:44:59 AM

Coelacanth: L33t Squirrel: ExperianScaresCthulhu: You're not imagining. :(

Seconded. I've cut out of my diet just about every snack and treat I liked as a kid because the recipes/formulas have all changed and they're just...wrong. Texture is damp rather than moist or squishy instead of crumbly, they often taste of cloying sweetness instead of the flavor advertised (and some chocolate flavors taste strangely like molasses instead), less filling if there is one, sizes have been reduced, and a few other things that I'm too tired to think of right now. I'm not a health fanatic by far, but I do try to eat well (because I'd rather skip a meal/snack rather than run an extra half hour :D), and if I'm going to snack I'd rather it not be bad for me. But I grew up in the 80s, so I'm not sure how much some snacks had by that time already changed drastically from their original formulation. :-\

You're 100% right. A lot of it has to do with the introduction of corn syrup. I don't know one food product that has ever been improved by corn syrup.


Chocolate ganache. Only reason, ever, I've ever used corn syrup in a recipe. It did help, though.

And I haven't used it since since I refuse to buy it. For some f--ked up reason a roommate bought it.

/Alton Brown recommended
 
2012-11-17 04:13:46 AM
But without Hostess Twinkies, what will help Earth's mightiest superheroes catch supervillians?



/always thought it would be cool if someone photoshopped a Miracleman or Watchmen Twinkies ad.
 
2012-11-17 04:16:25 AM
2.bp.blogspot.com

Whoops, I meant to put in this image.

/But I was foiled again by delicious Hostess Twinkies and Hostess Fruit Pies!
 
2012-11-17 04:19:23 AM

Darth_Lukecash: Yeah... Cause you know, that's what REALLY did them in.

farking money men and their farking money games. Hostess was a popular brand that was making money and putting Americans to work. Then the money men come in, and gamble with debt and the markets, while raping and gutting local/state/national economies. People get laid off, loose their way of life...all so some rich jackasses can have enough money to buy a polished gold turd bowl.

Then when they break their toy, they hand it over to their buddies who take a farking hammer to it, squeezing out the last of goddamn cents out of it.

And all that is left, pain and the sorrow of shadow of a company. A company sold a beloved product, served it's community and supported it's loyal workers with a good way of life.


I'd like to see some actual numbers before I pass judgment. I don't actually believe in corporate raiders who rape companies just to shut them down. There are greedy investors who don't know how to run things but what about market conditions?

Who the hell eats that crap anyway? It's not stoners - I'm told they eat Cheetohs exclusively. People are generally more health conscious these days. They noticed and acknowledged that they're getting fat. Is there even a whole grain version of Twinkies? I think not. It's been at least 25 years since I ate a Hostess product, probably longer.

It's garbage food. I'm not aware of anyone who eats that crap. I don't even know where it is (or was) in the grocery store.
 
2012-11-17 04:20:57 AM

Nutsac_Jim: Sweater Girl: Hostess has been looking for a way out for a few years. Blaming their employees for actually wanting decent compensation is weak (and I am certainly not one to praise unions, in this case however it has merit)

And I miss chocodiles:(
BOOOO on you Hostess people

Absolutely. Any time you demand soo much money that the company cant survive and goes bankrupt, there is plenty of merit there.

98% of shiatty employees feel they are underpaid. They are simply mistaken.


This has nothing to do with management getting 230-300% raises last year does it?
 
2012-11-17 06:06:45 AM
Someone should invent a time machine and see what a twinkie used to taste like. Really, they used to taste like something other than greasy straw.
 
2012-11-17 09:50:56 AM

StreetlightInTheGhetto: Coelacanth: L33t Squirrel: ExperianScaresCthulhu: You're not imagining. :(

Seconded. I've cut out of my diet just about every snack and treat I liked as a kid because the recipes/formulas have all changed and they're just...wrong. Texture is damp rather than moist or squishy instead of crumbly, they often taste of cloying sweetness instead of the flavor advertised (and some chocolate flavors taste strangely like molasses instead), less filling if there is one, sizes have been reduced, and a few other things that I'm too tired to think of right now. I'm not a health fanatic by far, but I do try to eat well (because I'd rather skip a meal/snack rather than run an extra half hour :D), and if I'm going to snack I'd rather it not be bad for me. But I grew up in the 80s, so I'm not sure how much some snacks had by that time already changed drastically from their original formulation. :-\

You're 100% right. A lot of it has to do with the introduction of corn syrup. I don't know one food product that has ever been improved by corn syrup.

Chocolate ganache. Only reason, ever, I've ever used corn syrup in a recipe. It did help, though.

And I haven't used it since since I refuse to buy it. For some f--ked up reason a roommate bought it.

/Alton Brown recommended


Corn syrup, the stuff in the baking aisle has legitimate culinary uses.
HFCS is an industrial sweetner and not the same thing.

Fear not the Kayo. Alton will not lie to you.
 
2012-11-17 10:44:42 AM
i60.photobucket.com
 
2012-11-17 10:58:58 AM

skinink: So whick eBay buyers of the 'last' Twinkies feel like suckers now?

It's sad and funny that there will now be a Hostess without the Unions who went on strike in the first place. So now if any of them are hired by the new owners, the workers will have no bargaining power at all.


CSB: I once worked for 7up in Flint MI. If you've ever been to Flint, you know it's a disgusting shiathole with a collective reverence for all things union. The bottling plant had been literally run into the ground by a group of theives masquerading as a minority owned business (Mel Farr, Al Bennett, and Charlie Wells). The mobsters, er, Teamsters were the labor, and you have never seen such a motley crew of idiots doing everything they possibly could to get more money for doing less work. It was a daily occurrence for many of the workers to be drunk and/or stoned on the job. I don't know how many times I tried to explain to them that this gravy train would not last forever, but my pleas fell on deaf (and dumb) ears.

One day, not unexpectedly to me, anyway, everyone showed up to locked doors. The operation had been sold to an independent bottler, who planned to resume operations within a week, with no union. Folks who were previous employees were invited to re-apply for the new business. As the process started, the Teamster reps were on hand to ensure that they got their union dues from the LAST CHECKS the workers would receive. The Teamsters had armed thugs (ex-corrupt sheriffs, the Florida boys) on hand, and they literally waded past the now-unemployed former union members (who begged them for an explanation and/or succor) without saying a word. They collected their money and made promises that they would "crush" the new owners with a boycott. It never happened.

ANYWAY, as the former workers came in to "interview" for their old positions, you have never seen such a pathetic group of idiots. Those who, not two weeks prior, had openly and brazenly berated management now sat like doe-eyed newborns, hoping to get their jobs back...hoping to shake the feeding hands they had JUST BITTEN. It was just priceless.

/no sympathy for Hostess workers
//idiots
///PBR brewed by Miller; workers are UAW, at least in Cincy
 
2012-11-17 11:04:06 AM
Set the Union on fire and everything will be good
 
2012-11-17 11:05:06 AM
Or, put another way

Parasites killed the Hostess
 
2012-11-17 11:05:17 AM

Nutsac_Jim: simsite9: "Shedding the complications of the unions and old plants makes it even more attractive."

I'm sure the 18,500 employees will be so relieved.

Maybe they should think about that before they go on strike and demand too much money.

This happens all the time at car dealership, dealer ask too much money, no get sale.


The Union representing only 5000 of the 18000 laid off agreed to reduced salaries and reduced benefits back in September. Their CEO stated that the suppy exceeded the demand for his products as well as his competitors. In a shrinking market he decided to cash out fire 18000 people.
 
2012-11-17 11:10:52 AM
The Union representing only 5.000 of the 18,000 laid off workers agreed to reduced salaries and reduced benefits back in September. Their CEO stated that the suppy exceeded the demand for his products as well as his competitors. In a shrinking market he decided to cash out & fire 18,000 people. That probably reduced Union from 7% of the US workforce. Race to the bottom!!!!
 
2012-11-17 11:30:13 AM

Smeggy Smurf: Ed Willy: Debeo Summa Credo: Ed Willy: smitty04: Since Miller makes the beer for PBR, who will make the Ho-Ho's for the new owners. Maybe the unions can buy the bakeries and make products for PBR.

MIller is union mad beer (Teamsters) and I think the PBR line is UAW made.

http://www.unionplus.org/union-made/beers

So this might end up going back to union made work, assuming the contractor is union.

The idea of the union buying the bakeries isn't unheard of, if they did a co-op. The Steelworkers Union is partnering with Spanish co-operative conglomerate Mondragon to develop worker run and union represented cooperatives. http://www.usw.org/media_center/releases_advisories?id=0523

I think with money men killing industry, the only answer is for workers to buy it themselves, while still competing on the open market. That's market socialism, which gives the perks of self management and ownership, plus market competition, and instead of workers, it's useless money men left out in the cold.

Why haven't workers bought more companies then, if it's such a great solution?

There are many operations that do exist, usually on a small level (a large example would be Mondragon) and capital markers haven't matured yet to free it open. It is bigger in the third world, so much so that the UN has name 2012 the year of the Co-operative.

Even Ronald Reagan endorsed such an idea where employees become part of the ownership as a way to increase liberty.

WinCo Foods is an employee owned company that is kicking the ever living shiat out of every single grocery store chain they compete against. Even WalMart loses when WinCo moves in.

WinCo is vehemently anti-union. They pay a good wage, have good benefits and for the most part make sound business decisions. Their growth feeds the company I work for which keeps food on the table for my kids. This because they refuse to work with unions. Fark unions. Unions would make my kids starve.

/biased and proud of it
//fark unions
///fark unions again for good measure


93% of American workers are non-union. So you're blaming all these problems on 7% of the workforce? It doesn't add up.
 
2012-11-17 11:36:33 AM

farkinlovit: Ed Willy: farkinlovit: Sheeples put themselves out of work. I'm sure the union folks are crying in their beds right now, belonging to a hotel, that they're writing off for the expenses on your dues....twice, probably.

You seem like the sheeple here. Company triples the pay of the CEO and jacks executive pay rates after bankruptcy. They offer a shiat contract to the union and close down when it is not accepted. PBR owner mentions they've been watching the company for years, and now act when they can dump unions and old factories onto communities. Let's keep an eye on the CEo and execs and see if they don't get jobs/consultant gigs with the new corporate owners.

exactly why there isn't a CEO that pays me. noone forced you into a union job.......or did they??? FARK: I work at a community owned workplace that takes very good care of me. that was my choice. I pay 59 bucks a month pre tax to insure my kid with better insurance than any union contract. show me one, and I'll gladly still not sign up. Fark unions, you made the bed you're gonna sleep in. The actual union employees are wining, dining, and rooming on your dime feeling GRRRREEEATT about themselves.


Their Union agreed to the contract of reduced wages & reduced benefits back in Sept. 18,000 Americans out of work right before Thanksgiving. And your cheering?
 
2012-11-17 11:40:36 AM

farkinlovit: Sheeples put themselves out of work. I'm sure the union folks are crying in their beds right now, belonging to a hotel, that they're writing off for the expenses on your dues....twice, probably.


18,000 Americans just lost their jobs right before Thanksgiving. And you're happy about it? You're not the CEO who cashed out, so why are you so thrilled that HE's getting richer?
 
2012-11-17 11:48:06 AM

BolloxReader: If the company can't afford to live up to its obligations to its workers, then it has a flawed business plan and either go through bankruptcy or liquidate. Bankruptcy should not be used to shed obligations to the people who make the business run.

I believe that a company that hires employees assumes a social obligation to maintain wage parity and ensure that their employees can maintain themselves and their families at the level to which they are accustomed. Otherwise, that business is worthless in my book. Close it down or restructure, but most importantly make sure that the executive levels are gutted and new blood brought in to run the company. The people whose families should suffer are those who made the critical mistakes, which is almost always at the executive level. If that's not possible, liquidate it. Chop it up and sell the pieces to companies that are well-run and able to meet their obligations to all concerned.


Right! These days it's always blame the worker. Not the executives who just fired 18,000 workers right before the holidays. Nobody seems to dislike the products....Just the workers making them?
 
2012-11-17 11:50:51 AM

Perducci: Bit'O'Gristle: "We have analyzed this opportunity very carefully for a few years now," Metropoulos said in an e-mail. "Shedding the complications of the unions and old plants makes it even more attractive."

/Why is this surprising? Many American companies have closed down plants in the USA and gone to another country, and paid those poor bastards 2 bucks a day, if that.


It's too bad that both sides make it so difficult to just give people fair, but not union-extortionate rates in a non-adversarial environment.


A living wage and health care are so extortionate.
 
2012-11-17 11:55:40 AM

Happy Hours: Darth_Lukecash: Yeah... Cause you know, that's what REALLY did them in.

farking money men and their farking money games. Hostess was a popular brand that was making money and putting Americans to work. Then the money men come in, and gamble with debt and the markets, while raping and gutting local/state/national economies. People get laid off, loose their way of life...all so some rich jackasses can have enough money to buy a polished gold turd bowl.

Then when they break their toy, they hand it over to their buddies who take a farking hammer to it, squeezing out the last of goddamn cents out of it.

And all that is left, pain and the sorrow of shadow of a company. A company sold a beloved product, served it's community and supported it's loyal workers with a good way of life.

I'd like to see some actual numbers before I pass judgment. I don't actually believe in corporate raiders who rape companies just to shut them down. There are greedy investors who don't know how to run things but what about market conditions?

Who the hell eats that crap anyway? It's not stoners - I'm told they eat Cheetohs exclusively. People are generally more health conscious these days. They noticed and acknowledged that they're getting fat. Is there even a whole grain version of Twinkies? I think not. It's been at least 25 years since I ate a Hostess product, probably longer.

It's garbage food. I'm not aware of anyone who eats that crap. I don't even know where it is (or was) in the grocery store.


That's exactly the problem, people don't eat this crap as much as they used to. The CEO said it on CNN "we're overproduction and so are our competitors" market saturation built on a business model outdated in the 21st century.and the opportunists blame the 18,000 who lost their jobs before the holidays not the management who will make millions.
 
2012-11-17 12:31:35 PM

StreetlightInTheGhetto: Coelacanth: L33t Squirrel: ExperianScaresCthulhu: You're not imagining. :(

Seconded. I've cut out of my diet just about every snack and treat I liked as a kid because the recipes/formulas have all changed and they're just...wrong. Texture is damp rather than moist or squishy instead of crumbly, they often taste of cloying sweetness instead of the flavor advertised (and some chocolate flavors taste strangely like molasses instead), less filling if there is one, sizes have been reduced, and a few other things that I'm too tired to think of right now. I'm not a health fanatic by far, but I do try to eat well (because I'd rather skip a meal/snack rather than run an extra half hour :D), and if I'm going to snack I'd rather it not be bad for me. But I grew up in the 80s, so I'm not sure how much some snacks had by that time already changed drastically from their original formulation. :-\

You're 100% right. A lot of it has to do with the introduction of corn syrup. I don't know one food product that has ever been improved by corn syrup.

Chocolate ganache. Only reason, ever, I've ever used corn syrup in a recipe. It did help, though.

And I haven't used it since since I refuse to buy it. For some f--ked up reason a roommate bought it.

/Alton Brown recommended


If you're making any sort of sugar syrup, mixing in a little corn syrup will prevent it from crystallizing. Useful, for instance, if you're making homemade chocolate syrup.
 
2012-11-17 02:59:29 PM
sphotos-b.xx.fbcdn.net

Tallahassee's sadder than a sad Japanese man.
 
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