Oh No! Unions May Kill Twinkies, Wonder Bread

Posted by Brian

When are union members going to finally come to the realization that their leaders demands are not only killing companies, but their jobs with it in the process!

In their quest to get their "slice of the pie", union workers are being left only crumbs.  As demand for higher wages, exorbitant benefits packages, and other union demands drain companies of smaller and smaller profits, causing them to shut their doors, the workers whom the unions claim to represent, find themselves unemployed and looking for work at wages much less than they were accustomed to. Meanwhile, the union leaders are living high on the hog, having reaped windfalls from both the companies and the workers they were "protecting", and Michelle Obama is doing cartwheels in the White House living quarters as she envisions a national diet of arugula and celery sticks for kids.

As for the rest of us:  Save our twinkies!

Labor Fight Could Kill Off Twinkies, Wonder Bread
Posted on: 5:42 am, November 13, 2012, by Kelly Ruszkiewicz
By James O’Toole NEW YORK

(CNNMoney) — Twinkie-maker Hostess Brands said Monday that it could go into liquidation if its bakers continue striking in protest against a new contract imposed in bankruptcy court.

The company announced Monday that it was closing bakeries in Seattle, St. Louis and Cincinnati in response to the strike, cutting 627 jobs in total. The bakers’ strike, which began last week, continued Monday at around 24 of Hostess’ 36 plants, and Hostess CEO Greg Rayburn said the firm could close more bakeries or even move into liquidation if workers don’t return to their jobs soon.
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• Hostess Brands strike puts Twinkies maker in jeopardy (csmonitor.com)
• Hostess closing 3 bakeries following strike (wfaa.com)
• Hostess closes St. Louis plant (stltoday.com)
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Bankrupt "Abound Solar" Received Stimulus Money For Inherently Faulty Product

Posted by Brian

Another "green" boondoggle, paid for by taxpayers!
This time, the Obama administration gave millions to a solar company whose panels were literally bursting into flames (See video).
Meanwhile, cheap reliable energy companies are being shut down all over the country by the Obama administration, spearheaded by an EPA carrying out Obama's promise of making it "too expensive" to pay for the "Stalinist" regulations being foisted upon them.

Sources, documents suggest government-subsidized Abound Solar was selling faulty product Published: 11:50 AM 10/02/2012  
By Michael Bastasch

Seven months after calling themselves the “anti-Solyndra,” the Colorado-based solar panel manufacturer Abound Solar announced it was filing for chapter 7 bankruptcy liquidation, arguing that cheap Chinese solar panels flooding the market caused their demise.

“With over $30 billion in reported government subsidies, Chinese panel makers were able to sell below cost and put Abound out of business before we were big enough to pose a real competitive threat to China’s rapidly growing market share,” according to the prepared congressional testimony by Craig Witsoe, former CEO of Abound.

Abound Solar was given a $400 million loan guarantee by the Energy Department, and drew on about $70 million dollars of the guarantee before DOE cut them off in September 2011 — the same month the Solyndra scandal began.
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• Going, going, gone: Bankrupt green loan recipient Abound Solar goes to auction (michellemalkin.com)
• Obama won't cede green energy failures (ConservativeActionAlerts.com)
• Amid Solyndra Failure, Chinese Solar Panels Were Bought For Fed Building (personalliberty.com)
• SoloPower: Another Solyndra in Waiting? (breitbart.com)
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LA Times: More CA Cities On Brink. Some May Cease To Exist.

Posted by Brian

Stockton. Mammoth Lakes. Vallejo. San Bernardino.

California cities are falling like dominos to bankruptcy.  Once the "Golden State", California has become the "entitlement state" due to decades of liberal policies, and kowtowing to public sector unions like SEIU, the California State Teacher's Association (CSTA), and the Prison Guards Union (CCPOA).

Falling for the liberal myth that "there's plenty to go around for everybody", Californian's and the cities the live in are being hit upside the head with a dose of fiscal reality.  Aware that it's citizens are already stretched to the breaking point financially, cities are having to look at the only other options available, which are cutting services, or cutting salaries to government employees.  As most government employees are unionized, cutting salaries have been impossible without union concessions - and many unions are not willing to make those concessions.  With their backs against the wall, many cities are taking a serious look at turning to the courts. This is not to say that the city governments are blameless in this whole mess. Nor the residents.  Everybody has wanted to have their cake and eat it too. Californian's have voted for all of their goodies and a plethora of taxes and other fees through California's ballot initiatives, including the High Speed Rail in 2010, in spite of a looming fiscal crisis. They have elected the same big spending liberals, state and local, year after year. Well the bills have come due, and there is no money.

For Californians who have not,  and may never have, had a chance to see Greece, it's possible that you have brought Greece-like austerity measures to your state.

OPA!


Rising costs push California cities to fiscal brink 
Throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late.

By Phil Willon, Catherine Saillant and Abby Sewell, Los Angeles Times July 12, 2012 Facing the same financial stressors that pushed San Bernardino toward bankruptcy, cities across California are slashing day-to-day services and taking other drastic actions to skirt a similar fiscal collapse.

For some, it may not be enough.
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